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At the same time, existing-home sales declined, and days on market remained flat.
QCAR serves Rock Island and Moline in Illinois and Davenport and Bettendorf in Iowa.
The number of homes for sale in Chicagoland fell 9.7% from 14,513 homes in November 2024 to 13,111 properties last month.
Slow but steady improvement in inventory, sales and affordability is the consensus outlook for residential real estate in 2026.
The sale is part of the publicly traded landlord’s recently announced plan of liquidation.
The Real Estate Standards Organization is a nonprofit organization that develops the data standards and processes used by multiple listing services.
Under the initiative, the team directs a portion of every sales commission to the nonprofit of their client’s choice.
The increase came as the median sales price climbed 20.2%, and housing inventory fell 10.1%.
However, DePaul University’s Institute for Housing Studies expects Illinois home sales to slide 1.6% between October and January.
We asked, you answered! Local agents from around Chicagoland share their real estate predictions for 2026.
Young received the award for her advocacy work in Pennsylvania supporting Alliance initiatives and LGBTQ+ rights.
The allegation is the latest volley between the Chicagoland MLS and the real estate platform over MRED’s Private Listing Network.
The acquisition of JJ Nate in Roscoe Village marks C21 Circle’s first location within Chicago city limits.
At the same time, time on market jumped as inventory increased.
Inside, the house includes original retro features like wood paneling, built-in bookshelves, a brick fireplace and an eat-in kitchen perfect for enjoying Eggos.
The median increase of 16.7% comes as commercial property values in the Loop continue to sag after the pandemic.