In 2011 there were a total of 282 Single Family Detached Home sales in Orland Park Illinois. The number of sales are up 5.6% compared to 2010 total Home Sales in Orland Park. If you look above you will see the monthly breakdown of the number of sales per month.
What is interesting to see is that there is still a trend that your summer months hold more sales but the amount of sales stays pretty consistent across the board. If you look at the months of Jan. and Nov. you will see they are very close to the number of sales in the summer months.
If your considering selling your property you should not necessarily wait until spring or summer to put your Orland Park Home on the market. In fact, there are a couple of advantages to placing your home on the market during the winter months. Since the number of home sales in Orland Park are not drastically less in the winter months your opportunity to sell during this time is not as negatively effected as many people believe.
One big advantage is you will see competitive Orland Park Homes For Sale come off the market reducing your competition simply based off their belief that there are no buyers looking. Another advantage is as a home buyer looking during the colder/winter months, they typically are more motivated.
In order to really take advantage of this time you need to be very competitive on price as home prices are still on the decline. One method I use to help homeowners to determine where their price needs to be is to consider absorption rate for Orland Park Homes For Sale and the monthly market supply of homes for sale. Basically this shows us how many months it would take to sell the current inventory in Orland Park and gives us an indication on what is needed to make your home more competitive compared to other active listings.
According to our current active listings in Orland Park, there are 269 available Orland Park Homes For Sale. When compared to the monthly breakdown and total closed sales in 2011 our current monthly supply is 11.45 months. To find out more about how this number and other tools can help us price your home and sell it please contact Raymond Kennedy with Keller Williams Preferred Realty at 708-620-4460.
Important Orland Park Information and links below.
Click on the link below if you would like exclusive market insider details about Orland Park IL 60467. This will give you specifics on Orland Park Home Sales, Orland Park Price & Inventory Trends, Orland Park Community Info, Local Areas, Area Comparisons, and much more.
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Click on the link below if you would like exclusive market insider details about Orland Park IL 60462. This will give you specifics on Orland Park Home Sales, Orland Park Price & Inventory Trends, Orland Park Community Info, Local Areas, Area Comparisons, and much more.
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