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Palos Heights Market Conditions

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

Palos Heights, IL Market Conditions

Palos Heights is located in Cook County, IL . It is a Southwest Suburb of Chicago. It is a small community with charm & grace. Surrounded by Forest Preserves & the beauty of Lake Katherine Nature Center & Botanical Gardens. It is described as the "City of Trees".  It offers 7 local parks and miles of Bike/Walking paths to stroll through nature. Palos Heights offers two highly rated School Districts# 128 & #118. and two High School Districts - Shepard High School & Stagg High School.

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 Palos Heights Real Estate Statistics for the Week of July 7, 2007

Single Family Homes

  • Total # homes available for sale                       92
  • # of New Homes on the Market                           4
  • # of Homes under contract                               10
  • # of Homes Sold with the last month                   8
  • # of Homes Expired with last week                      4

 

  • Average Days on the Market   (Listings)            188
  • Average List Price                                $   513,391
  • Average Sold Price with last 6 months    $   373,767
  • Average Days on Market (Sold)                        129
  • # Sold within last 6 months                               24
  • Average # of homes sold per month                    4

 

Condos/Townhomes

  • Total # homes available for sale                      55
  • # of New Homes on the Market                          2
  • # of Homes under contract                               10
  • # of Homes Sold with the last month                  8
  • # of Homes Expired with last week                     0

 

  • Average Days on the Market   (Listings)            109
  • Average List Price                                  $ 309,899
  • Average Sold Price with last 6 months      $ 301,067
  • Average Days on Market (Sold)                        139
  • # Sold within last 6 months                               23
  • Average # of homes sold per month                   3.83

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 Palos Heights, then just give us a call.

Susan Miller of RE/MAX 10

708-233-2726

susanmiller@remax.net