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McHenry County home sales up 28 percent

McHenry County home sales started 2013 up 28.2 percent compared to January 2012.

The median sales price for all properties in McHenry County dropped 5.8 percent to $127,000.

Home sales increased 33 percent in Kane County and 30 percent in Lake County. Median prices were up 5.7 percent to $129,950 in Kane and down 3.7 percent to $139,580 in Lake.

Statewide, home sales increased 31 percent over previous-year levels in January and median prices increased 1.2 percent, according to the Illinois Association of Realtors.

Statewide home sales (including single-family homes and condominiums) in January totaled 8,502 homes sold, up from 6,484 in January 2012.

The statewide median price in January was $125,000, up 1.2 percent from January 2012 when the median price was $123,500. The median is a typical market price where half the homes sold for more and half sold for less.

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