Oak Lawn IL Real Estate Stats Better Than Anticipated

It's that time to go through statistics for 2008.  Actually, I guess I'm a little late, but with the many towns I work in it takes a while to get all the stats updated.

I was pleasantly surprised to see that my hometown of Oak Lawn, Illinois, held up better than I would have thought.  Yes, everything is down, but as far as price, I expected a bigger decrease.

Single Family Oak Lawn homes only decreased in amount of sales by 11.6% and by average sales price 11.9%.  With all the doom and gloom going around I expected the value to have been worse.  I guess I'm reading too much data for areas harder hit like Florida, Las Vegas, California, Phoenix, etc.

Oak Lawn Condos and Townhomes had a larger decrease as far as units sold, down 34.6%, but the average price held up pretty well with a mere .3% decrease.  Better to sell less and keep the value close.

Check Oak Lawn real estate sales statistics for past figures.  This is a popular village that has held up pretty well during these trying financial times.  If you're interested in purchasing property in Oak Lawn fill out the Automated Home Finder Form or do your own Oak Lawn MLS search.  As of today, there are 317 single family homes for sale and 311 condo/townhomes available in Oak Lawn.