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Real Estate

How's the Real Estate Market in Orland Park, IL

Orland Park, IL Real Estate Statistics Over Time

Detached Orland Park single family home sales rose 13.4% in the 12 months ending December, 2016 over December, 2015. The average sold price for those 12 month periods rose from $324,146 to $334, 082 which is only a 3% increase. Average market time decreased 12% from 112 average days on market to 100.

Attached , condo and townhouse, property sales have also risen since 2014. And in the 12 months ending December, 2016 over December, 2015 attached property sales have increased 17.6%. However, the average price of an attached property has only risen a little over 2%.

The best time to buy or sell real estate is when you need to do it. If you list your property before you are ready, you are not motivated to be realistic about the value of your property. If you begin looking for a home, before you are ready, you risk seeing that 'perfect' home and not being in the position to purchase it.

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