3rd Quarter 2011 Sales Stats for Homer Glen Homes

Posted by Judy Orr on Wednesday, November 9th, 2011 at 3:41am.

Following are sales statistics for Homer Glen homes for the third quarter of 2011

# of Properties Sold % Change Average Sale Price % Change
2011 2010   2011 2010  
39 23 69.6 % $292,333 $314,063 -6.9%

It is nice to see that there is a huge 69.6% increase in the amount of Homer Glen homes sold. Many more buyers came out this year vs. last year. Sales suffered last year after the Home Buyer's Tax Credit ended in April, when home sales tanked. There was a rush to get in on the credit, and when it expired things went downhill, bringing prices with them. Prices are still on a downward spiral but the percentage is at least in the single digits, unlike some other southwest suburbs. For the first time in a while I have a positive outlook on 2012 - I just hope I'm right!

If you're interested in purchasing a Homer Glen home, create your own advanced search here.  Better yet, fill out the simple form and get an automated search created for you that will send you updates directly from the MLS (Multiple Listing Service).  You will kept up-to-date on new homes as they come on the market.

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