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Real Estate Prices Hold Steady in the First Quarter 2019

Average price of residential real estate property in the Chicagoland area in the first three months of the year remained unchanged in comparison to the first quarter of 2018- $220,000. While this is an increase of 7.3% over the same period in 2017, the real estate prices over the past 12 months have remained unchanged. There are still pockets of the Chicagoland where real estate remains attractive and prices continue to grow, but on average, market is holding steady.

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