We Value Bloomington-Normal

According to IAR's latest report, total home sales (single-family and condos) were up 36.2 percent in March 2007 to 11,979 homes sold compared to 8,792 homes sold in February 2007.

Sales were 20.3 percent below the all-time high for March of 15,024 homes sold in March 2006. The Illinois median home price was $198,000, up 0.1 percent from $197,900 a year earlier.

“In March we experienced the usual jump into the spring season with sales up well over February but we’re definitely in a market that is still finding its legs. The severe weather in February and March certainly took a toll on housing activity in Illinois,” said IAR President Robert Zoretich. Read more.