The number of sales, median and average sales price has decreased in Oak Park.
Jan-Apr 2011 (all sales) Jan-Apr 2012 (all sales)
# of sales = 142 # of sales = 130
Median Price = $39,000 Median Price = $31,750
Avg. Price = $43,230 Avg. Price = $35,750
Jan-Apr 2011 (only priv. sales) Jan-Apr 2012 (only priv. sales)
# of sales = 65 # of sales = 47
Median Price = $45,000 Median Price = $43,500
Avg. Price = $52,226 Avg. Price = $46,972
There has been a slight drop in the median price of private sales.
A majority of the decrease in overall sales (median price) can be contributed to REO properties.
Keller Williams Realty