Chicago Home Sales Fall 23%

Home sales in Chicago fell 23 percent and the median price fell 4.5 percent in the third quarter from a year earlier, the Illinois Association of Realtors said Monday.

There were 5,958 existing single-family home and condominium sales in the quarter, down from 7,769. Prices fell to $289,400, from $302,900.

In the Chicago metropolitan area, sales were down 22 percent to 20,449, and prices fell 6.7 percent to $244,900.

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