2011 Timbers Estates Homes Sales Data And Tinley Park Homes Information

This graph show the 2011 home sales data for the Timbers Estates Homes located in Tinley Park near Andrew High School. Click on the above link to get more details on the Timbers Estates subdivision of Tinley Park.

Timbers Estates subdivision is located on the west and south side or Andrew High School. The location is ideal as it's near shopping, easy access to transportation routes making commuting easy without the inconvenience of heavy traffic in the area. Timbers Estates subdivision offers generous sized homes with bedrooms counts from 3 to 5 plus, good construction, homes built in the early 1990's and desirable amenities.

Timbers Estates Homes 2011 Home Sales	List Price	Sold Price	Beds	Style	Sqft	Year	Gar.	Bas.	Price/Sqft	List/Sold
17111 Briar Dr. Tinley Park IL	$329,900	$329,000	5	2 Story	3120	1992	3	Finished	$105.45	99.73%
17224 Teakwood Dr. Tinley Park	$378,000	$360,000	4	2 Story	3227	1992	2	Unfinished	$111.56	95.24%
9124 W. 174th St. Tinley Park	$354,900	$357,000	4	2 Story	2600	1990	2	Finished	$137.31	100.59%
8990 W. 175th St. Tinley Park	$324,900	$316,000	4	2 Story	2900	1991	2	Finished	$108.97	97.26%
Avg. Results	$346,925	$340,500							115.82%	$98.15

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If you would like to search for homes in Tinley Park IL click on the below link:
Click --> Search Tinley Park Homes For Sale.

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If you would like to search for homes in the Timbers Estates Subdivision of Tinley Park IL:
Click --> Search Timbers Estates Homes For Sale.

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Raymond Kennedy
Keller Williams Preferred Realty
Direct: 708-620-4460
www.IllinoisHomeData.com

2012 Community Holiday Card Contest

This is perfect time of the year for getting creative and celebrating the holiday spirit as well as taking pride in your local community. All you have to do is take a picture that will represent the spirit of Tinley Park’s hometown holiday appeal. Of course we are hoping we get some snow before the deadline so we can really capture the traditional Tinley Park spirit. The pictures will be judged by creativity, visual appearance, interest and quality. The winning photo will appear on the 2012 Tinley Park Holiday card. The winner will also receive a $250 cash prize and be featured on the Village’s website and in the Exchange newsletter.

Participating will not only be fun but it will help build the holiday spirit for all Tinley Park residents. In these crazy times we can all use as much spirit as we can muster.

For more rules and submission direction please visit the following website....

2012 Tinley Park Community Holiday Card Contest Details.

Raymond Kennedy

Keller Williams Preferred Realty

708-620-4460

"Deck the House" and win money for Tinley Schools and yourself.

Do you have the biggest and brightest lit home in the area? Winners of this contest will not only recieve money for local public schools but your personal electric bill as well. Bring the Christmas spirit to your community and make your holiday more enjoyable and affordable by winning.

Can you see your home from space?

Is your home the brightest in the area?

If it is, you have a chance to help your local public school with a reward of $100,000. You also get a very generous price of $500 toward your electric bill. You win, your community wins, your kids win, the schools win and all at the cost of a little additional Christmas Spirit and a few extra lights. Don't forget about the bragging rights and the chance to be that house on the block everyone is gunning to beat next Christmas.

Contest is running from Dec. 8th 2011 to Dec. 26 2011. Only 5 days left so get those lights up and enter the contest!

For more info on rules and how to participate.... Deck The House Contest Details

Raymond Kennedy
Keller Williams Preferred Realty
708-620-4460

As I was going through my blog posts, I realized I had not shown my 2010 Supply & Demand Chart for Tinley Park homes. The chart below shows the amount of homes on the market, how many were under contract and how many closed for each month during 2010. Look at the huge discrepancy on what was up for sale (the red line) vs. Tinley Park homes that had accepted offers and those that closed. Even putting pending and closed sales together, you can see how much excess inventory there has been.

What I also like about the chart below is that it shows you the months that had the most homes go under contract (March & April) and you can see that June had the most closings, which correlates with the accepted contracts in the Spring. January had the least amount of closings. As is normal in IL, December had the least amount of Tinley Park homes up for sale.

In viewing a chart like this, it really shows how important it is to price your Tinley Park home at market value or below if you want a chance at selling. Buyers will only make offers on the homes that are priced correctly for their condition. You might have a beautiful home, but if it is overpriced buyers might not even take a look.

Check out Tinley Park real estate sales statistics to get exact sales data on single family and attached properties from 2005 until present. You'll be able to see the market ups and downs.

Not all housing reports are sunny, it seems.

In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January.

It's the biggest one-month drop in New Home Sales since May 2010.

In addition, the supply of new homes for sale spiked higher to 7.9 months last month. "Home supply" is defined as the amount of time it would take to sell the complete "for sale" inventory at the current pace of sales.

In December, the supply measured just 7.0 months,

Don't fret the news, however. For buyers of new construction in Oak Lawn , falling New Home Sales figures can be terrific. Weaker markets put pressure on the nation's home builders to sell their respective homes more quickly. To reach that goal, builders often discount prices and/or offer free upgrades to buyers.

Some of that action may already be in effect.

Despite falling volume, the New Home Sales report showed that new homes are selling faster than in recent months. The median time required to sell a newly-built home dropped to 7.8 months in January -- a figure well below January 2010's reading of 13.9 months.

It suggests that builders are getting better at locating buyers, and moving property.

Therefore, if you're shopping for a new construction and see one worth buying, get to it. Not only will the home likely sell soon if it's priced right, but an increase in mortgage rates will make the home more expensive to finance.

Every 0.250% increase to rates adds $15 monthly per $100,000 borrowed.