palos park real estate: Palos Park IL Market Trends March 2011-March 2012 - 03/22/12 10:39 AM
Palos Park doesn't have the amount of sales some of the surrounding villages post.  There were no sales at all in October 2011, so that skews some of the charts.  The table at the bottom will give exact data.
The chart below shows the actual number of single family Palos Park homes listed over the past year.  It kind of looks like a jack-o-lantern's teeth.  Up and down with a low last August, 2011.

 
The above chart shows what was listed, the chart below shows what actually sold and closed.  Compare the two charts so you can see true … (2 comments)

palos park real estate: Palos Park Real Estate Supply and Demand 2011 - 02/14/12 12:42 PM
The following chart shows supply and demand for single family Palos Park homes for the entire year of 2011.

As you can see, there is a huge discrepancy between the red line, respresenting Palos Park homes for sale, vs. the blue and green lines (homes under contract and sold homes).  You could stack up the blue and green lines and there would still be a big difference.
This represents true supply and demand, and with this kind of difference between the amount of homes available for sale vs. those that received contracts and actually sold and closed, it is easy … (2 comments)

palos park real estate: Lemont Takes the Lead - 01/11/11 04:02 PM
Lemont Real Estate Takes the Lead For years I've been touting Palos Park real estate as the highest priced area of the southwest suburbs of Chicago.  As I was writing a post about Palos Park, I happened to double check our most recent 2010 real estate sales statistics and to my surprise Palos Park was not the most expensive village in the sw 'burbs in 2010!
To make sure I hadn't made the wrong statements in years prior, I went back to 2005 to view the stats.  The chart below tells the story of Lemont homes vs. Palos Park homes since … (0 comments)

 
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