The median home sale price in November fluctuated in a modest range across Illinois

the Chicago PMSA median home sale price in November was $247,000, up 0.8 percent from $245,000 in November 2006. Statewide, the median sale price was $193,000 for the month, down 3.0 percent. “People have been sitting on the sidelines so there remains a lot of selection on the market and it will continue to be a good market for buyers in 2008 with mortgage interest rates still at historically low levels,” said IAR President Kay Wirth.