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September Home Sales Grow In Twin Cities

Home sales in Bloomington Normal were up 21% last month from September of a year ago. The Association of Realtors also says through three quarters of the year, home sales are up 7.6%. Growth for the third quarter slowed from previous quarters this year. Third quarter sales increased just under 4% as the area absorbed news of the coming Mitsubishi plant shutdown.

The average price of a home sold has increased slightly for the year and for the month.

Sales of new homes remain a very small part of the total. All of the growth last month was in sales of existing homes.
 

WGLT Senior Reporter Charlie Schlenker has spent more than three award-winning decades in radio. He lives in Normal with his family.
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