Orland Park Homes Year End Sales Statistics 2011

Posted by Judy Orr on Friday, January 20th, 2012 at 11:16am.

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. Will 2012 be better? Only a year from now will tell!

This is the first double digit price decrease for Orland Park homes since I started posting statistics. If you'd like to see different sales stats from 2005, click on Orland Park Real Estate Sales Statistics. If you're thinking of buying and/or selling a home in Orland Park or surrounding areas, give Judy Orr a call at 708-536-8200 or Contact Me.

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