Inside these posts: Chicago home sales

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Chicago-area home sales up from February

"For sale" signs line a Chicago street. (Nancy Stone, Chicago Tribune)

The median price of a condominium sold in Chicago last month beat its year-ago comparison for the first time in two and a half years, new data shows.

The median price of a condo within the city rose to $275,000, up 2.8 percent from $267,500 a year ago, according to a monthly sales report released Wednesday by the Illinois Association of Realtors. The last time Chicago condo prices recorded a year-over-year gain was in October 2008, when the median sales price of $315,000 was a 3.3 percent gain from October 2007. Get the full story »

Glimmer of hope, but home prices still falling

Another read on home price came out Thursday, and it offers a glimmer of hope about Chicago-area home prices.

The good news? In February, local home values on single-family homes were relatively flat, down only 0.4 percent from a year earlier, according to data provider CoreLogic. Get the full story »

Chicago-area home sales, prices fall from year ago

The weeks after the Super Bowl are considered the traditional start of the home-buying season, but home sales were a non-starter in the Chicago area last month.

February sales of existing homes in the Chicago area fell 8.8 percent from their level of a year ago, to 3,769 homes sold at a median price of $152,500. A year ago, in February 2010, the median price was $165,000. Get the full story »

Chicago home sales down just 0.5% in 2010

Sales of existing homes in the Chicago area rose appreciably in December from the previous month but were still down almost 10 percent from their year-ago comparison, the Illinois Association of Realtors reported Thursday.

For the year though, thanks to a tax credit that helped sales during the first six months, Chicago-area sales of single-family homes and condos were down only 0.5 percent from 2009, to 69,010 homes sold last year. The median price of $185,000 in 2010 was a 5.6 percent drop from the previous year but the declines in median price varied widely across the area. Get the full story »