PEORIA - The Illinois housing market saw a decrease in total home sales from 16,465 in July 2013 to 15,390 this July.
It's not all bad news for home sellers, though. Although the market is smaller, the homes that are for sale are going faster. Last year, homes took an average of 72 days to sell; this year, they took only 65.
And they are selling for a higher price. The median price a year ago was $167,000. This July, the median price was $179,000.