Oak Lawn Homes Sold Within the Past 3 Months with exactly 3 bedrooms and 1.1 baths (As of 02/27/2009):
The average market time for all 3 bdrm, 1.1 baths that have closed in Oak Lawn in the past 3 months through the MLS (MLSNI) averages 96 days on the market. Some of these properties received and accepted an offer within the first 4-7 days being on the market, others took months before they had an offer they accepted - so the time frame will vary, but I can tell you the houses that sold quickly we're priced very competitively and/or were in "show condition."
In Oak Lawn, we are currently experiencing a lot of inventory and a limited amount of qualified buyers (like most areas in the country), so keep in mind that in order to sell, your home must be in excellent show condition and priced correctly. Right now buyers are extremely attuned to what they want and are willing to wait until they find it. I have found that the majority of buyers are looking for "move in condition" and/or "very well priced" homes/condos. Move in condition means that your house is sparkling clean (especially baths/kitchen), organized (free of all clutter), neutral -remember buyers have to visual themselves in your home, so indicators of the "sellers" style whether it be family pictures or the bright pink paint that little Suzie must have in her room is not good for the buyer's imagination. There are many homes selling in Oak Lawn and Oak Lawn is a great community that offers endless benefits to buyers. Also please visit my website for more tips on how to get your home in "show condition." - Fri Feb 27 2009, 18:16