More homes sold in the twin cities in 2015 than during the previous year.. That's according to the end of year Bloomington-Normal Association of Realtors report. Overall sales were up 5.6% last year from the year before. 2,780 transactions were recorded.
The price of existing homes that changed hands this past year was up slightly, .7%. New home prices dropped 1.4% from the previous year. President of the Bloomington-Normal Association of Realtors, Amanda Wycoff, says the currently low number of homes on the market, 622, means it's a seller's market.
Wycoff says realtors are keeping their fingers crossed for weather that's more favorable that it was in early last year. She says nice autumn, and early winter conditions have helped put 275 homes in the 'pending sales' column.