Sales and the average costs jumped in the Rockford market, according to Rockford Area Realtors.
433 homes sold last month, compared to 408 in May last year. It's the highest point since the 2008 housing recession.
Steve Bois, CEO of Rockford Area Realtors, attributed the uptick to a growing economy, like the construction of MercyHealth and completion of the Woodward Governor facility.
“If you believe the supply-demand statements in marketing,” he said. “The supply is low, and the demand is relatively high, which creates a stronger pricing situation.”