Sales Statistics 
There are currently 11 blog entries related to this category.
Orland Park Homes Year End Sales Statistics 2011
Friday, January 20th, 2012 at 11:16am. 95 Views, 0 Comments.
I've been eagerly awaiting the sales stats for 2011 for Orland Park homes and surrounding areas, and they're finally out. I've posted quarterly and semi-annual stats and now we have the whole story.
| # of Properties Sold | % Change | Average Sale Price | % Change |
| 2011 | 2010 | 2011 | 2010 | ||
| 282 | 266 | 6% | $318,088 | $357,690 | -11.1% |
I was thinking we'd have a higher percentage of properties sold last year compared to 2010. A 6% increase is better than nothing or a decrease, but I thought it would be better.
The bad news is a double digit decrease in prices. Orland Park seemed to be holding price better than many other villages, but look at those
…3rd Quarter 2011 Sales Stats for Homer Glen Homes
Wednesday, November 9th, 2011 at 3:41pm. 186 Views, 0 Comments.
Following are sales statistics for Homer Glen homes for the third quarter of 2011
| # of Properties Sold | % Change | Average Sale Price | % Change |
| 2011 | 2010 | 2011 | 2010 | ||
| 39 | 23 | 69.6 % | $292,333 | $314,063 | -6.9% |
It is nice to see that there is a huge 69.6% increase in the amount of Homer Glen homes sold. Many more buyers came out this year vs. last year. Sales suffered last year after the Home Buyer's Tax Credit ended in April, when home sales tanked. There was a rush to get in on the credit, and when it expired things went downhill, bringing prices with them.
Prices are still on a downward spiral but the percentage is at least in the single
…6 Month Activity for Homer Glen, Lemont, Orland Park and Surrounding Suburbs
Tuesday, October 18th, 2011 at 4:03pm. 209 Views, 0 Comments.
I recently shared 1st half of 2011 sales activity for only 4 neighboring towns and decided to add more towns in my service area. The table below will show sales activity for the 1st half of 2011 for single family Homer Glen homes, Lemont, Lockport, Mokena, New Lenox, Orland Hills, Orland Park and Palos Park.
| # of Houses Sold | Average Sale Price |
| Town | Sold YRD | Sold YRD | YOY | Avg Price | Avg Price | YOY |
| 2011 | 2010 | % Chg | 2011 | 2010 | % Chg | |
| Homer Glen | 68 | 81 | -16.1% | $321,950 | $334,765 | -3.8% |
| Lemont | 55 | 58 | -5.2% | $383,940 | $368,418 | 4.2% |
| Lockport | 86 | 134 | -35.8% | $176,621 | $202,241 | -12.7% |
| Mokena | 58 | 55 |
6 Month Activity for Homer Glen, Lemont, Orland Park and Palos Park
Saturday, October 1st, 2011 at 6:22pm. 125 Views, 0 Comments.
The chart below will show market activity for single family homes for Homer Glen, Lemont, Orland Park and Palos Park for the first half of 2011.
| Village |
# of Sales 2011 |
# of Sales 2010 |
% Change |
Avg. Price 2011 |
Avg. Price 2010 |
% Change |
| Homer Glen |
68 | 81 | -16.1% |
$321,950 | $334,765 |
-3.8% |
| Lemont | 55 | 58 | -5.2% | $383,940 | $368,416 | 4.2% |
| Orland Park |
126 | 151 | -8.3% | $317,157 | $345,934 | -8.3% |
| Palos Park |
17 | 27 | -37% | $320,558 | $369,345 | -13.2% |
Every town has shown a decrease in homes sold. Palos Park has been hit the hardest with a large 37% decrease in the sale of Palos Park homes.
Palos Park showed the only
…Orland Park Homes Sold 1st Quarter 2011
Sunday, May 22nd, 2011 at 6:15pm. 501 Views, 0 Comments.
For the past two years, I have been more interested in sales statistics than ever before. I'm interested in seeing the trend of sales and prices. We hear and read statistics on the news and Internet, but real estate is local.
Following are sales statistics for Orland Park homes for the first quarter of 2011
| # of Properties Sold | % Change | Average Sale Price | % Change |
| 2011 | 2010 | 2011 | 2010 | ||
| 64 | 49 | 30.6% | $335,876 | $352,742 | -4.8% |
The good news is we have seen a hefty increase in the amount of Orland Park homes sold. Prices are still declining, but at least they are in single digits.
If you are interested in Orland Park homes for sale feel free to search the Orland
…Lemont is Now the Highest Priced Southwest Chicago Suburb
Thursday, January 13th, 2011 at 11:27am. 682 Views, 0 Comments.
I was writing an article on another one of my blogs about Palos Park real estate and how it is the priciest southwest suburb when I viewed the latest sales stats from 2010. Palos Park is no longer the highest priced village in the area, a title it has held for many, many years. The new town with a high price tag is now Lemont, IL, with an average sale price in 2010 of $394,873 vs. Palos Park's average home price at $380,888.
I've always loved both villages but am surprised at this change. Is Palos Park losing its luster? Has Lemont truly won a popularity contest? Why?
Both Palos Park and Lemont have new construction occuring, so it's not that you can't find new construction in Palos Park, and that's usually where some of the high prices
…Orland Park Real Estate Sales Statistics - 2005-2009
Tuesday, February 16th, 2010 at 12:22pm. 317 Views, 0 Comments.
As popular a village as Orland Park is, the current economy has hit this lively southwest suburb the same as most others. Prices continue to decline and that started in 2007 for single family Orland Park homes. Orland Park condos and townhomes have shown a decline since the first year I have data for, which is 2006.
There is a bit of positive news. There was a 2.2% increase in the amount of Orland Park homes for sale and a much larger increase of 21% for Orland Park townhomes and condos sold.
Orland Park is one of the highest priced towns in the southwest suburbs I work in with an average sales price of $345,465 in 2009 for single family Orland Park homes. The highest price posted in the data I have was an average of $422,090 in
…Oak Lawn Real Estate Sales Statistics 2008-2009
Thursday, January 21st, 2010 at 1:10pm. 437 Views, 0 Comments.
It's statistics time to see how different southwest suburbs have fared over these tumultuous years. The first chart is for Oak Lawn homes for sale and the second chart is for all attached Oak Lawn properties.
Detached Oak Lawn Homes Sales Statistics 2008-2009
|
Number of Homes Sold |
Average Sale Price |
| 2009 | 2008 | % Change |
2009 | 2008 |
% Change |
| 313 | 268 | 16.8% | $196,518 | $237,064 |
-17.1% |
As you can see, the number of Oak Lawn homes sold has increased and has the highest amount of homes sold comparing the 3 top southwest suburbs reflecting most homes sold (Oak Lawn, Orland Park and Tinley Park). That's the good news,
…Orland Park Real Estate
Tuesday, August 4th, 2009 at 11:48am. 386 Views, 0 Comments.
In preparing a Comparative Market Analysis for an Orland Park home for sale, I wanted to see how Orland Park is faring in today's declining market. The easiest way to check this out is to collect the data created for us by our local real estate board.
The data shows us the following, which is based on what has happened during the first half of 2009 vs. 2008:
Amount of homes sold: 2008 = 124 2009 = 118 - showing a decrease of 4.8% of total sales of single family homes
Median Sale Price: 2008 = $325,000 2009 = $294,500 - showing a decrease of 9.4% in the median price
How does this affect sellers?
I'm reading more and more about properties not appraising. There are different
…Is the Media Creating This Declining Market?
Saturday, May 9th, 2009 at 3:49pm. 739 Views, 0 Comments.
I made a post on Active Rain (a popular real estate blogging site with agents from all over the world) about Orland Park homes for sale - current supply and demand. I put the following chart on that post showing factual information from April of last year to April of 2009. I did not make this chart myself - I copied it from a program that I utilize that gets the data from our MLS (multiple listing service). It is not easy to read here since I had to shrink it down to fit in this blog. But even without reading the numbers, you can see how many homes are up for sale (red) compared to those with contracts (blue) or that have already sold and closed (green). As of today, there are 332 Orland Park homes for sale and this chart was compiled a few days
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