Thursday, February 21, 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 …
Thursday, January 24, 2013
Six more homes were sold in Orland Park during December 2012 than in December 2011, however the median price fell by about $22,000.
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Thursday, January 24
The 25 detached, single-family homes sold during December in Orland Park outpaced the 19 homes sold in December 2011, according to the Mainstreet Organization of Realtors (MORe). In November, homes were sold in Orland Park, compared to 27 sold in November 2011. Despite climbing home sales, the median price of homes sold in December ($253,500) continue to decline over the median price of homes sold December 2011 ($275,000), a 7.8 percent-decrease. The market for detached, single-family homes in suburbs throughout the Southland saw growth in December, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Chicago Heights saw the largest percent increase, with 188.9 percent more homes sold year over year in December. There …
Thursday, December 20, 2012
Home sales and prices they sold for continue trickling up in Orland Park month-to-month compared to 2011.
The 30 detached, single-family homes sold during November in Orland Park represented a 11.1 percent increase over sales during November 2011, according to the Mainstreet Organization of Realtors (MORe). Last month, 34 homes were sold in Orland Park, compared to 21 sold in October 2011. In addition, the median price of homes sold in November ($289,950) was 10.3 percent higher than the median price of homes sold in November 2011 ($263,000). The market for detached, single-family homes in suburbs throughout the Southland saw growth in November, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Mokena saw the largest percent increase, with 87.5 percent more homes sold year over year in November. There were 8 homes sold …
Thursday, November 29, 2012
Orland Park's housing market saw another increase in 2012 during October, rising just shy of 62 percent with 34 sales compared to 21 last year. Median selling price also went up.
Orland Park's home sales increased for the second month in a row, compared to sales during September and October 2011, according to a recent real estate report. The village saw a 61.9 increase in sales for October, with 34 homes sold. In Oct. 2011, 21 homes were sold, according to the report. The median selling price also perked up, going up to $274,950 in Oct. 2012 from $245,000 in Oct. 2011. The market for detached, single-family homes in suburbs throughout the Southland saw growth in October, according to the Mainstreet Organization of Realtors (MORe). MORe gets its statistics from Midwest Real Estate Data. Oak Forest experienced the most dramatic percent change in the number of homes sold, with an uptick of 144.4 percent in October …
Friday, October 19, 2012
Orland Park's real estate market perked up a pinch in September, as the bulk of the Chicago area saw a bump in year-over-year comparisons. See how the village fared compared to nearby towns.
Home sales in the Chicago area during September were at a six-year high, according to a recent RE/MAX report—and most of the Southland saw a similar boost. Orland Park saw a slight increase in the area, with the number of homes sold increasing from 19 sold in Sept. 2011 to 22 sold in Sept. 2012, according to the Mainstreet Organization of Realtors (MORe). On the down side for Orland's market, the average price of those homes decreased slightly by 3 percent year over year, from $283,942 to $275,318. Across the Chicago area, the number of homes sold in September rose by 22 percent over September 2011, according to RE/MAX. At 7,396 transactions, it was the busiest September for home sales since 2006. “We continue to see good news in the …
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 ›