With the "busy season" behind us for 2008, I'm sure you're wondering how the year is shaping up for the market in Oak Park.
As of 09/30/2008, $185,953,123.00 worth of houses and condos were sold in Oak Park. That's not too shabby, especially compared with other suburbs: La Grange - $54.8M, Oak Brook - $33.5M, and River Forest - $47.3M.
The Break-Down: 1st 3 Quarters of 2008
(Data compiled from Midwest Real Estate Data LLC)
Single Family Homes
Total # Sold: 286
Average Days on Market: 137 days
Average List Price:Sale Price Ratio: 95%
Sales Price Range: $132,000 - $2,250,000
Condos
Total # Sold: 200
Average Days on Market: 164
Average List Price:Sale Price Ratio: 96%
Sales Price Range: $55,000 - $555,000
If you would like or need to sell your home at this time, there are many buyers out there who are looking to move to Oak Park. Let us help you handle all the details, from getting your home market-ready, pricing it competitively, and aggressively marketing it to the maximum number of potential buyers - to negotiating the deal and getting you to the closing table. No one will work harder for you than Kyra and Laurie, The Pych Team @ RE/MAX In The Village, Realtors.
Office: 708.386.1400
Web: www.KyraPych.com
I appreciate that everyone wants to save the most money they can when buying a house, and many people think that by eliminating real estate agents from the equation, they will have more money in their pocket... However, this isn't necessarily the case.
FSBO's (For Sale By Owner) are trying to pocket the most money they can, and thus they oftentimes overprice their homes. You'll also probably be able to find some listing agents who are willing to rebate you some of their commission, but you're probably not getting the house for the least price possible because the agent isn't motivated to get you the best deal. Experienced buyer's agents can potentially save their clients a lot more money than the amount you might get rebated from a listing agent.
Let me help you find one of the great deals out there today!
Laurie Christofano, Realtor with The Pych Team @ RE/MAX In The Village
Your #1 Pick for FULL SERVICE Chicagoland real estate services
708-386-1400
www.myspace.com/OakParkRealtor
Property search: lchristofano.illinoisproperty.com
Located in southeast Oak Park, IL, Harrison Arts District encompasses a several block stretch of eclectic shops including art galleries, fashion boutiques and dance studios. There have been a couple of long standing restaurants and cafes in this part of town, but new businesses are starting to join them, widening the variety of cuisine and culture one can experience in the Oak Park Arts District. Located at 225 Harrison, Trattoria 225 is an authentic rustic Italian restaurant and bar featuring seasonal flavorings and sustainable seafood options. Easily accessible via I-290 or the blue line, the Oak Park Arts District is sure not to disappoint!
Got another Oak Park or real estate related question?
 |
|
|
I am a Realtor with The Pych Team @ RE/MAX in the Village - The Pych Team, Your #1 Pick! lchristofano.illinoisproperty.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
