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2018 Greater Peoria Home Sales Jump

Peoria Public Radio/Tanya Koonce

Greater Peoria home sales were up in 2018. That’s according to Illinois Realtors.

The trade group says the Peoria metropolitan area recorded 53-hundred-76 sales last year, which is a nearly nine-percent jump from 2017 totals. Last year’s median home sales price inched up less than one-percent to $125-thousand.

Tazewell County saw year-over-year sales jump nearly 8-percent last month.

Statewide, family home and condominium sales were down two-point-five percent last year when compared with 2017. The statewide median home price last year was up $7-thousand to $202-thousand.

The Illinois Realtors trade group says it’s currently a sellers market, as the statewide housing inventory has dropped to historic lows.

 

Kristin McHugh is an experienced radio journalist and nonprofit manager. Most recently, she served as executive director of the Peoria Area World Affairs Council.