Home Prices In Palos Hills, Il. for December 2016
Real estate market data for Palos Hills provided by Brenda Kasprzyk of www.chicagosuburbhome.com
Palos Hills Prices
Of the 51 homes that were on the market in Palos Hills during December 2016 88.2% never sold. 68.6% are still listed for sale and 19.6% were taken off the market by the home seller for one reason or another ( most likely holiday reasons ). Of all the homes that were for sale at some point during December 2016, only 11.8% were sold! This is not an anomaly. The percentage of homes that actually sell in any given month is small when compared to the total number of homes on the market. The key to being part of the "sold group" is to hire a Realtor that understands how to price your home correctly based on its location and condition.
On average, sold home prices in Palos Hills, IL have appreciated (risen) 14.51% when comparing December 2016 to December 2015 (year over year). On average, sold home prices in Palos Hills, IL have depreciated (fallen) -24.56% when comparing December 2016 to November 2016 (month over month).
Palos Hills, Il. Real Estate Report Summary
The median list price in December for single family homes in Palos Hills is $307,192 . The median list price for a Condo in Palos Hills is 172,555.
The median sale price in December of 2016 for a single family home in Palos Hills is $233,2267 The median sale price in December for a condo was $120,481.
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I will be listing a 3 bedroom condo in a couple weeks in "Woods Edge ". 111th Street and Kean Ave. This community has a club house and pool, and does allow pets.