Homebuyers in Chicago have short windows of time to make a move

  • The Chicago market hasn't experienced the type of price and sales activity increases other primary markets have witnessed.
  • The median price of foreclosed properties is the reason for the increase in overall median price.
  • The state has lower inventory than a year ago.

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

When it comes to home sales activity, “consistency” seems to accurately describe the state of Illinois. During August, a combined 15,088 single-family homes and condos sold statewide, up 0.9 percent from August of last year, when 14,957 homes traded.