Orland Park Homes Sales Rise, Prices Continue Downward in 2013
Orland Park saw a solid rise in home sales compared to Jan. 2012, but median prices went down again, compared to both Jan. 2012 and Dec. 2012, according to the Mainstreet Organization of Realtors.
The 30 detached, single-family homes sold in Orland Park during January was noticeably higher than January 2012, when five homes were sold, according to the Mainstreet Organization of Realtors (MORe). But the median house price paints a different picture, with prices sharply heading downward. In January 2012, the median cost for house was about $345,000 in the village, while last month the median cost was about $237,750, a drop in price of about 31.1 percent, according to MORe. In Dec. 2012, the median house price was $253,000. The market for detached, single-family homes in suburbs throughout the Southland saw growth in January, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Evergreen Park saw the largest percent …
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voklst
8:16 am on Thursday, February 21, 2013
How very interesting....my husband & I plan on buying a house next February 2014 and we pray the prices do not go up too drastically in the meantime. I lost my previous house to 1) losing my job & 2) foreclosure. This was in 2005 when gas was over $4.50/gal. Had to move back to moms house. Got a job a week later. There was no Bail-out or help from We the People...one week later I got a new job. … more ›