Home sales increase.

By
Real Estate Agent with REMAX Choice

The Bloomington Normal Illinois area experienced a strong boost in existing home sales in April of 2007. 70 more existing homes were sold by REALTORS in April compared to March, an increase of 43% in one month, according to statistics from the Bloomington-Normal Association of REALTORS.

Sale of existing homes have increased 2.7% from last year's start-637 homes in 2007 compared to 620 homes in 2006. New construction sales have dropped by 5 to 23 compared to 28 in March. Overall 2007 new home sales have dropped about a third from a year ago.

Nationally, total existing home sales have dropped 2.6% in April, according to the National Association of REALTORS. Sales of new homes jumped 16.2%, but prices decreased 11.1%, according to the U.S. Department of Commerce.

The cost of new and existing homes in Bloomington-Normal increased in April. The average price was $298,880 for a new home and $147,894 average for an existing home.

Total Bloomington-Normal home sales are 3.7% lower than the first quarter of 2006; however home sales in Illinois were down 14.2% for the year, according to the Illinois Association of REALTORS.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Illinois McLean County Bloomington-Normal

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the airplane to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
511,597
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Yes things have been busier that's for sure.  This is typical for this time of year however in the seacoast areas of NH, ME & Ma that I work in.  We are all hoping the market will level off and turn around again like it was a few years ago.

 

Patricia Aulson/Lic NH/ME/MA

www.patricia4realestate.com

Jun 01, 2007 12:25 PM #1
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
2,076

Steve Stevens

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: