Single Family Housing Market
Oak Park, IL September 2015

Single Family Detached Home statistics from MRED MLS

In the last 30 days there were 28 closed sales of Detached Homes, 33 went under contract and there were 64 new listings

In the last 12 months median sales prices increased +3.4%

Marketing Time increased +10.3% to an average of 75 days on the market

Currently there is a 3.8 Month Supply of Inventory at the current level of absorption, this level is in balance.

Distressed sales, Bank Owned and Short Sales account for approximately 8% of total sales

Citywide Services performs residential real estate appraisals in Oak Park, 60302. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com