Weekly Real Estate Update – Oak Park, River Forest, Forest Park – New homes for sale, Contingent, and Sold homes – 07/19/2015 – 07/25/2015

Weekly Real Estate Update – Oak Park, River Forest, Forest Park – New homes for sale, Contingent, and Sold homes – 07/19/2015 – 07/25/2015

Here is the weekly real estate update for Oak Park, River Forest, and Forest Park for the week of July 25th

How many new Oak Park homes for sale, Forest Park homes for sale, and River Forest homes for sale last week?

For Sale

New Homes For Sale – 21 New Single Family Homes

Between 07/19/2015 and 07/25/2015 we had 21 new single family homes go on the market. Slight dip from last week.  Out of those 21 only 3 are currently under contract.  The average list price for these homes is $591,390, with the highest priced home being on the 900 block of Clinton that is listed for $1,050,000.

The lowest price listing is a short sale at 1016 S. Cuyler and is a 3BR/1.5 Bath home listed for $240,000 that is already under contract.

Of the 21 homes for sale, 6 are in River Forest, and 15 in Oak Park.  No new listings in Forest Park last week.

Homes Under Contract –20 Single Family Homes Under Contract

There were 20 single family homes that went under contract in Oak Park, River Forest, and Forest Park during the week of 07/19/2015 – 07/25/2015.  The average market time for these homes is 74 days.  The average list price for these homes is $521,900.

SOld

Sold Homes – 20 Sold Single Family Homes

There were 20 homes that closed between 07/19/2015 – 07/25/2015. That is a big jump from last weeks 14.  A lot of realtors were happy last week.  Of the 20 homes, 10 sold for more than 96% of asking price.  Once again that is great for sellers.  One home at 840 Taylor sold for 105% of the asking price.

If you ever have any specific questions about any of these homes feel free to call either Barbara Kohut or Cory Kohut at any time.

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