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Existing home sales in the Peoria market were down more than 7% through the first two quarters of 2024, but closings in July increased slightly over last year.
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The Peoria Area Association of Realtors [PAAR] reports a 6.4% drop in first-quarter sales compared to a year ago, with 997 closings.
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Home sales in the Peoria area during the third quarter fell 15.2% compared with the same period a year ago, but Peoria Area Association of Realtors president Robin Simpson says that figure is a little misleading.
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Home sales in the Peoria area continue to set records for the region, topping the $1 billion mark for the first time last year as continued low inventory drives an extended seller's market.
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Home sales in the Peoria area were down in the third quarter compared with last year, but the market is still ahead of its 2020 pace.
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The Peoria-area real estate market continues to perform at an unprecedented pace, with properties moving faster than ever. According to the Peoria Area Association of Realtors, second-quarter home sales increased 37.5% over last year, with a record 818 closings in June alone.
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With demand exceeding supply in the Peoria-area real estate market for several months, the cost of buying a new home continues to increase. But Peoria Area Association of Realtors president Jason Catton says concerns of pricing some buyers out of the market are offset by low interest rates.
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Home sales rebounded last month in greater Peoria.The Illinois Realtors organization reports family home and condominium sales jumped more than 17-percent…
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The downward trend for Illinois home sales continued last month despite an uptick in median prices. The Illinois Realtors organization reports family home…
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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…