Category Archives: Market Reports

2010 Average Real Estate Sales Price Up in Oak Park

Posted by John Plepel in Market Reports, News, Oak Park | Tagged , , , | Leave a comment

For the first time since 2007, the average sale price for single-family homes increased in 2010. Before we declare the housing slump over, we do need to acknowledge that Continue reading

River Forest Property Declines May Be Misleading

Posted by John Plepel in Market Reports, News, River Forest, Uncategorized | Tagged , , , | Leave a comment

At first glance, it appears that property values in River Forest realized another significant loss in 2010. A closer look at the numbers, however, indicates that the largest factor in the 9.44% decrease in the Average Sales Price for River Forest Single-Family homes may be exaggerated Continue reading

Average Home Sales Continue to Fall in Forest Park

Posted by John Plepel in Forest Park, Market Reports, News | Tagged , , , , , | Leave a comment

The Forest Park Real Estate Market was a little late to the overall real estate market downturn, holding property values steady in 2007 and 2008 when many communities were showing significant losses. Unfortunately for local homeowners, like myself, we more than made up for lost time Continue reading

Average Sales Price in Riverside Up 6.3% in 2010

Posted by John Plepel in Market Reports, News, Riverside | Tagged , , , , | Leave a comment

After two years of falling property values, the average sale price for a single-family home in Riverside rose 6.3% to $430,108. Additionally, the number of homes that sold in the 2010, which has decreased every year since 2004, also increased. Continue reading

1st Quarter 2010 Housing Data – River Forest

Posted by John Plepel in Market Reports, News, River Forest | Tagged , , , , , , | Leave a comment

The number of single-family homes that sold in River Forest during the first quarter of 2010 (18) increased by 50% over the first quarter of 2009. However, the average sales price of $581,166 was a 28.5% lower than Q1 of 2009 ($763,000). Continue reading

1st Quarter 2010 Housing Data – Oak Park

Posted by John Plepel in Market Reports, News, Oak Park | Tagged , , , , | Leave a comment

The number of single-family homes that sold in Oak Park during the first quarter of 2010 (42) was slighlty higher the first quarter from 2009. Further, the average sales price $407,249 was 8.1% higher than Q1 of 2009. Continue reading