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Home Prices

Thursday, December 20, 2012

Evergreen Park: Home Sales and Prices Increase in November.

Year over year real estate data shows signs that housing market may be bouncing back for Evergreen Park homeowners.

Detached, single-family homes sold during November in Evergreen Park represented a 11.8 percent increase over November 2011, according to the Mainstreet Organization of Realtors (MORe). There were 22 homes sold in Evergreen Park during November. In addition, the median price of homes sold in November ($146,000) was 15.9 percent higher than the median price of homes sold in October 2011 ($126,000).  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 that month in 2011 and 15 in 2012. Palos …

Bob

9:52 am on Thursday, December 20, 2012

There are over 350 homes that were in foreclosure in Palos Hills and Hickory Hills in 2011, and I believe there were also over 350 homes in foreclosure in Oak Lawn in 2011. These home sales are just a drop in the bucket in the vacant housing inventory. Where can we find the number of vacant abandoned and foreclosed homes in our communities? How many homes in our communities are currently on the …   more ›

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