Comparing the Tinley Park, IL Market from 2007 to 2009

By
Managing Real Estate Broker with Ravinia Realty & Management LLC 471-004511

Tinley Park, IL Real Estate Market

Tinley Park is a SW Suburb of Chicago and located in both Cook County & Will County, IL. It is growing community with highly rated school districts. It offers many suburban amenities of local shopping districts, abundance of local parks & walking paths, Recreational Facilities including a popular White Water Canyon Water Park, Tinley Park Junction Mini Golf & Batting Cages, Vogt Visual Arts Center, Tony Bettenhausen Recreation Facility, and Tinley Fitness. Many local festivals & a weekly Farmers Market are located the recently renovated Downtown Area.

Tinley Park offers a wide variety of housing style, price ranges & aged homes. It is accessible to local expressways & offers all the amenities home buyers are looking for.

We continuously monitor the local real estate statiscis to keep our clients informed and ahead of the real estate trends of the area. Below you will find Tinley Park Real Estate Statistics for the Week of July 7, 2007

Let's Compare 2007 stats to today's Stats in July 2009

  • Single Family Homes                               2007                   2009

    Total # homes available for sale                        216                      230

  • # of New Homes on the Market                          12                          5
  • # of Homes under contract                                  38                        47
  • # of Homes Sold with the last month                    34                        15
  • # of Homes Expired with last week                      14                        32

 

  • Average Days on the Market   (Listings)           122                        179
  • Average List Price                                  $ 362,705               $321,396
  • Average Sold Price with last 6 months     $ 300,195              $250,307
  • Average Days on Market (Sold)                        114                      157
  • # Sold within last 6 months                                130                      119
  • Average # of homes sold per month               21.67                   19.83

 

Condos/Townhomes

  • Total # homes available for sale                     262                           341
  • # of New Homes on the Market                     15                             15
  • # of Homes under contract                             59                             53
  • # of Homes Sold with the last month               33                            30       
  • # of Homes Expired with last week                12                             53

 

  • Average Days on the Market   (Listings)        96                           191
  • Average List Price                                 $ 227,765                   $198,369
  • Average Sold Price with last 6 months   $ 196,554                   $177,786
  • Average Days on Market (Sold)                       85                             153
  • # Sold within last 6 months                              181                            146
  • Average # of homes sold per month              30.17                          24.3

To Find the Value of Your Home with a FREE Over the Net Home Evaluation, Please visit

SWSuburbanHomes.com

If you would like a FREE List of Homes For Sale in this area, or If you would like more information about Tinley Park, then just give us a call.

Susan Miller of RE/MAX 10

708-233-2726

susanmiller@remax.net

 

 

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