I've been eagerly awaiting the sales stats for 2011 for Orland Park homes and surrounding areas, and they're finally out. I've posted quarterly and semi-annual stats and now we have the whole story.
# of Properties Sold | % Change | Average Sale Price | % Change |
2011 | 2010 | 2011 | 2010 | ||
282 | 266 | 6% | $318,088 | $357,690 | -11.1% |
I was thinking we'd have a higher percentage of properties sold last year compared to 2010. A 6% increase is better than nothing or a decrease, but I thought it would be better.
The bad news is a double digit decrease in prices. Orland Park seemed to be holding price better than many other villages, but look at those average sales prices, comparing both years.
…