Illinois Resales Off

Sales of existing single-family homes in Illinois fell to 8,257 in November, down 2.0% from 8,424 a year earlier, according to the Illinois Association of Realtors.The statewide median sales price rose 4.1% to $167,900 from $161,300 a year earlier, the association said. "A dip in home sales in November is not surprising, given this time of year when the cold weather and holidays factor in," said John C. Kmiecik, president of the association. In the Chicago metropolitan statistical area, resales totaled 5,229 in November, down 0.4% from 5,250 a year earlier, and the median sales price was up 5.7%. The association can be found on the Web at http://www.illinoisrealtor.org.

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