Corcoran Urban Real Estate

Median Home Prices Still on the Rise Through June

Median Home Prices Still on the Rise Through June
Although monthly home sales have been unable to surpass last year's comparisons throughout Chicagoland, home prices continue to rise.

Urban Real Estate managing broker/Chicago Association of REALTORS® (C.A.R.) president, Matt Farrell, is still confident in the market.  "Demand continues to outpace home supply, and buyers are finding the home they want in a shorter amount of time," said Matt.  "This continued to push median prices higher, putting sellers in a strong position.”