orland park supply and demand: Orland Park Supply & Demand Chart 2011 - 01/18/12 12:08 PM
Orland Park Homes Supply & Demand Chart for All of 2011
We finally have our year-end statistics and the chart above shows us exactly what a Buyer's Market is. The red lines represent active Orland Park homes for sale. The blue line shows us homes that went under contract for the month. The green line shows homes that sold and closed.
One thing I especially like about this chart is that it shows us what months showed the most activity in each category. August had the largest supply of homes for sale. More homes went under contract in May and … (2 comments)
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orland park supply and demand: Orland Park Supply & Demand Chart for the 1st Half of 2011 - 10/06/11 01:06 PM
Orland Park Supply & Demand - 1st Half 2011
Looking over the charts I've created in the past for homes in Orland Park, it has been evident since I started making them that there is a huge difference in the amount of homes up for sale in any given time period vs. those "lucky" sellers that received accepted contracts and those that made it to the closing table. The word "lucky" is used tongue in cheek because most of the sellers that have sold have used more than luck. They have priced their homes well, meaning those homes were the … (2 comments)
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orland park supply and demand: Orland Park Supply and Demand - 04/29/09 09:58 PM
It's interesting how many people do not understand our current market in this recession. When updating my Orland Park home sellers I send them an updated version of the following Orland Park Real Estate Supply and Demand Chart. This particular chart is for Orland Park homes for sale for the past six months.
Seeing data like this really makes your jaw drop. Look at the large amount of inventory compared to homes under contract and homes that have sold and closed. This shows why it is so important to price your Orland Park home properly.
Imagine being a buyer hit … (12 comments)
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