Transcript
Page 1: Franklin Park Appraiser 312.479.5344

Current real estate market in Franklin Park, IL 60131

Page 2: Franklin Park Appraiser 312.479.5344

Single family home data taken from the MRED MLS

Page 3: Franklin Park Appraiser 312.479.5344

In the last 30 days there were 20 closed sales of Detached Homes 18 went under contract and there were 24 new listings

Page 4: Franklin Park Appraiser 312.479.5344

In the last 12 months median sales prices increased +9.3%

Page 5: Franklin Park Appraiser 312.479.5344

Marketing Time is down -39.5% to an average of 69 days on the market

Page 6: Franklin Park Appraiser 312.479.5344

Now there is a 4.2 Month Supply of Inventory at the current level of absorption, this level is considered a slight oversupply.

Page 7: Franklin Park Appraiser 312.479.5344

Distressed sales, Bank Owned and Short Sales account for approximately 39% of total sales

Page 8: Franklin Park Appraiser 312.479.5344

Citywide Services performs residential real estate appraisals in Chicago. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com


Top Related