Orland Hills, IL Market Trends March 2011 through 2012

By
Real Estate Agent with HomeSmart Realty Group

The following graphs and the table show market trends for single family Orland Hills homes from March 2011 through March 2012.  The chart below shows that the amount of homes listed has seen a steady decline from the peak in April 2011.

number of Orland Hills homes listed

The chart below shows the amount of homes that actually sold and closed in the village.  You will need to notice the difference in the left side as to the number of properties comparing the 2 charts.  The peak closing month was in November of 2011.  This number reflects homes that had accepted contracts around August to October.

number of orland hills homes sold

The chart below shows average list prices for Orland Park homes.  This is what sellers wanted.

average list price for Orland Hills homes

The chart below shows what sellers actually got when they sold their Orland Hills homes.  When you notice $0 that just means there were no homes that sold and closed in that particular month.

average sold price for Orland Hills homes

The table below shows exact figures for sales of Orland Park homes over the past year.  It also includes average days on market.

Orland Park homes table

This was written in response to Active Rain's Real Estate Recovery or Not article.

real estate recovery or not

Posted by
Judy Orr
HomeSmart Realty Group
18305 Distinctive Dr.
Orland Park, IL, 60467
US
Work: 708-536-8200
Fax: 708-249-0074
 

Comments (6)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Judy, nice to see the marketing trends in different cities, and love the way you have presented your data.

Apr 02, 2012 10:07 AM
Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

November was a BIG month for you, lOl~

Apr 02, 2012 10:17 AM
Judy Orr
HomeSmart Realty Group - Orland Park, IL
SW & Near West Chicago suburbs

Thanks Joan, this was the first time I did it this way.

Cathy - thank goodness this is just one of many towns I work in.  It's one of the smallest villages in my area.

Apr 02, 2012 10:43 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

It is difficult to see a trend, other than what is happening in many other parts of the country, including here, low inventory.

May 26, 2012 09:49 AM
James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thanks for the connection on Facebook! Please join our group on LinkedIn, ‘REO Institute’. We share information on market conditions, posts, ideas, and comments. Please share your opinions and comments on the Real Estate industry. Thanks, James A. Browning MRE

Jul 15, 2012 01:50 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Have an outstanding week and be sure to have your camera in hand to capture the special moments.

National Breast Cancer Awareness Month


Oct 02, 2012 03:11 AM