Orland Park Homes | Current Orland Park Real Estate Statistics

Orland Park Homes | Current Orland Park Real Estate Statistics

Orland Park Homes - The 2011 Current Data For Orland Park Homes show there were 271 Orland Park Homes closed this year and we still have a little more than half of month left to go. The good news is that compared to last year we are slightly up in numbers based off 2010 Orland Park Homes closing data which shows 266. This data comes directly from the Multiple Listing Service and is only counting Orland Park Single Family Homes not townhouses, condos or other property types. As of Dec. 13th 2011 we currently have 292 active Orland Park Homes for sale. Of those 292 active Orland Park Homes for sale there are 36 pending contracts. This is roughly about 12.3% of the current Orland Park Homes market inventory.

I have supplied a chart below showing basic data for Orland Park Homes closed and active inventory comparing 2010 to 2011. We are using the current Orland Park Homes active inventory as a basis for this. What this chart concludes is very simple. The current market supply for Orland Park Homes is roughly about 13 months. This means based of this data provided it would take 13 months to sell the total current inventory assuming no other homes are introduced to the market. Don’t confuse this with market time, this does not reflect those numbers and that is used for a different purpose. The reason this is helpful is it gives you a good idea of what your competition is like in your market. For example, if the average number of Orland Park Homes sold per month is 23 and you want to sell your home within 2 months than that means you have to be in the top 46 of the Orland Park Homes on the market out of 292 homes. That is just under 16% of the current inventory. If you would like to know what will put you in the top 15% to 16% of the market call me and I can help you to determine this. To make this more accurate this can be narrowed down to competing Orland Park neighborhoods, style of homes, age, sqft etc. For the purposes of this explanation taking all the closed and active Orland Park Homes inventory works. Call me, Raymond Kennedy, at 708-620-4460 for a better explanation on how this may relate to your Orland Park Home.



In the meantime, if you would like to search for Orland Park Homes that are currently active on the market click on the link below, view our detailed market insider report for the Orland Park zip codes as listed below.

Search Orland Park Homes For Sale

Orland Park Homes Insider Report For 60462

Orland Park Homes Insider Report For 60467

Raymond Kennedy
Keller Williams Preferred Realty
16123 S. LaGrange Rd.
Orland Park, IL 60467
Direct: 708-620-4460