The stats are in for Homer Glen real estate sales for 2012. I always enjoy comparing what's happened over the years with amount of sales and prices.
Single Family Homer Glen Homes
The number of Homer Glen homes sold has been increasing since 2009. 2012 showed the largest increase in the amount of homes sold. There were 181 homes sold in 2012 compared to the 140 in 2011, showing a double digit increase of 29.3%.
Prices continue to fall, as has been the case since 2008. 2012 showed a 3.4% price decrease. The average single family home price in Homer Glen in 2012 was $299,476, the first time Homer Glen has seen average prices in the $200,000's since I started recording this data back in 2005.
Condos, duplexes and townhomes are all bunched together into the "Attached Property" category. In most towns attached properties have been hit hard with our economy, but not in Homer Glen. For the 2nd year the amount of attached properties has increased with - an 11.8% increase in amount of attached property sales in 2012 over 2011.
Unlike most areas, prices continue to go up, and this is the third year of increased prices. 2012 showed an increase of 6.7% over 2011. The average price of attached properties in Homer Glen in 2012 was $202,026. This is the first time since 2008 that prices were in the $200,000's.
It is rare that condo/townhomes have fared better than single family residences, but that's what is happening in Homer Glen. If you're interested in any kind of Homer Glen property, call Judy Orr at 708-536-8200 or use the Contact Form. To view Homer Glen sales statistics since 2005 click the link.