Archive for Market Reports/Statistics
2011 Homer Glen Real Estate Sales Statistics Are Now Available
Posted by: | CommentsThe Homer Glen real estate sales stats have been updated for Homer Glen homes, condos and townhomes.
- More Homer Glen single family homes were sold in 2011 vs. 2010 showing an increase of 8.6%.
- Average sale prices for single family homes dropped 5.8%.
- Sales of attached properties (Homer Glen townhomes and condos) jumped 142.9%!
- Unlike single family homes, attached properties showed an average price increase of 8.9%.
Condos have been hit hard lately and condos rarely outperform single family sales, but they sure did in Homer Glen. Click this link – Homer Glen real estate sales stats – to see how sales have gone since 2005.
If you’re interested in property in Homer Glen give Judy Orr a call at 708-536-8200.
Orland Park 2011 Statistics Are In
Posted by: | CommentsThe 2011 stats are in for Orland Park homes.
- There were 6% more sales than in 2010 – 282 in 2011 vs. 266 in 2010. That’s good news and I’m hoping we’ll see even a higher amount of sales in 2012. It’s been really busy for this time of year and I hope it continues.
- Prices decreased 11.1% – the average sale price in 2011 was $318,088 compared to $357,690 in 2010. I didn’t expect double digit price decreases in this popular village.
Although I am optimistic about 2012 I’m not sure how prices will be affected. Even with more sales we are still in a buyer’s market with more short sales and foreclosures coming up. As many real estate gurus predict, I think we will continue seeing price drops.
Click the link to see all Orland Park real estate sales stats from 2005 until the present.
