Oak Lawn Market Conditions

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

Oak Lawn Market Conditions

Oak Lawn is a large community located in Cook County, IL. It is a Southwest Suburb of Chicago and approx fifteen miles from the City. It offers many Recreational Facilities, Community Festivals, Farmers Markets, and Summer Concerts. 

Housing Options for Home Buyers is very diverse & plentiful. From Starter Homes to Newly constructed 2 Story Homes - Home Buyers have a variety of housing price ranges, styles & age homes to choose from.

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 Oak Lawn Real Estate Statistics for the Week of July 7, 2007

Single Family Homes

  • Total # homes available for sale                     367
  • # of New Homes on the Market                         24
  • # of Homes under contract                               51
  • # of Homes Sold with the last month                 27
  • # of Homes Expired with last week                    18

 

  • Average Days on the Market   (Listings)            119
  • Average List Price                                  $ 309,114
  • Average Sold Price with last 6 months      $ 276,338
  • Average Days on Market (Sold)                        115
  • # Sold within last 6 months                              133
  • Average # of homes sold per month                   22.17

 

Condos/Townhomes

  • Total # homes available for sale                     208
  • # of New Homes on the Market                         11
  • # of Homes under contract                               60
  • # of Homes Sold with the last month                 22
  • # of Homes Expired with last week                    10

 

  • Average Days on the Market   (Listings)             110
  • Average List Price                                  $ 166,750
  • Average Sold Price with last 6 months      $ 142,883
  • Average Days on Market (Sold)                         92
  • # Sold within last 6 months                             117
  • Average # of homes sold per month                  19.50

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 Oak Lawn, then just give us a call.

Susan Miller of RE/MAX 10

708-233-2726

susanmiller@remax.net

 

 

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