Tuesday, March 19, 2013
Representatives from the Mainstreet Organization of Realtors say affordable prices and low interest rates have created a "perfect storm" of buyer-friendly conditions. Evergreen saw a bump of 360 percent in February sales.
Single-family home sales in the Chicago suburbs grew 41 percent in February 2013, compared to the same month in 2012, according to data provided by the Mainstreet Organization of Realtors (MORe). Evergreen Park stayed on trend and saw a large increase in February home sales. In the south suburbs, sales in the majority of Patch communities aligned with this trend, with 10 out of 14 towns experiencing an increase in sales, three towns experiencing a sales decrease and one town remaining the same year-over-year. Evergreen Park saw the most growth in the Southland, with 23 homes sold in February 2013 and only five homes sold one year prior, totaling a 360 percent increase in sales. Sales in Palos Hills decreased by the largest percentage in …
Thursday, December 20, 2012
Year over year real estate data shows signs that housing market may be bouncing back for Evergreen Park homeowners.
- REAL ESTATE
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Thursday, December 20, 2012
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 …
Wednesday, October 17, 2012
The village's real estate market saw the number of homes sold in September hold steady, while the value dropped. Check out the numbers and tell us what you think it means for the local housing market.
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. In Evergreen Park home sales in September stayed fairly even year over year. Last month 17 homes were sold in the village, while a total of 18 were sold in September 2011. However, the average price of those sales did take a hit. In September 2011 the average price of a home sold in Evergreen Park was $131,355, while this year that number dropped to $120,617, according to the data. That's a decrease of 8.2 percent. Tinley Park saw the greatest increase in the area, with the number of homes sold increasing 107.1 percent in September 2012 over September 2011, according to the …
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 ›