January Home Sales: Oak Forest Starts 2013 With Yearly Increase
Although overall home sales increased in January, the median price of homes in Oak Forest dropped by 14 percent, according to the Mainstreet Organization of Realtors.
The 18 detached, single-family homes sold in Oak Forest during January represented a 12.5 percent increase over January 2012, when 16 homes were sold, according to the Mainstreet Organization of Realtors (MORe). There were 18 homes sold in Oak Forest during December 2012, compared to 15 sold in December 2011. The median price dropped in January, coming in at $135,000—a 14.3 percent decrease over the same month in 2012. The market for detached, single-family homes in suburbs throughout the Southland saw growth in January, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Evergreen Park saw the largest percent increase, with 850 percent more homes sold year over year in January. There were 19 homes sold that month in …
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