Oak Forest Sees Boost in Home Sales in September
Oak Forest's real market saw a bit of an increase, as the bulk of the Chicago area saw a bump in year-over-year comparisons. Check out the numbers and tell us what you think it means for the local housing market.
Home sales in the Chicago area during September were at a six-year high, according to a recent RE/MAX report—and most of the Southland saw a similar boost. Oak Forest saw the greatest increase in the area, with the number of homes sold increasing 15.4 percent in September 2012 over September 2011, according to the Mainstreet Organization of Realtors (MORe). The average price of those homes sold jumped by 24.8 percent year over year. Palos Hill's market was the most sluggish, with the number of homes sold falling 42.9 percent in September 2012 compared to September 2011. (The sample size in Palos Hills, however, was small, with four homes sold in 2012 and seven sold in 2011.) Across the Chicago area, the number of homes sold in September …
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