Lemont Home Sales Down from a Year Ago

The 12 single, detached homes sold in Lemont during October 2013 represented a 36.8 percent decrease from October 2012, when just 19 homes were sold, according to the Mainstreet Organization of Realtors (MORe).

There were 19 homes sold in Lemont during September. 

Meanwhile, the median home sales price increased in Lemont during October. The median price went up 16.4 percent to $337,500 from $290,000 in October 2012, according to the statistics.

Among the 59 Patch communities surveyed, the number of homes sold increased 12.4 percent, higher than the 9.6 percent increase seen across the estimated 200 Chicago suburbs MORe tracks. The median sales price across all suburbs rose by about 19 percent, while the price increased 11.6 percent in Patch communities.

“We expect to continue to see strong growth in the housing market in the final months of 2013 and into next year, especially in regard to home prices,” MORe President Michael Parent said in a news release. “However, it’s important to remember that every town is recovering at its own pace. In some communities the engine is just starting back up. In others, it’s already in first or second gear. Either way, we’re seeing progress and some good underlying positives.”

Top Performers

• Largest percentage increase in homes sold: Palos Heights (200 percent)

• Largest percentage increase in median sales price: River Forest (81.6 percent)

Related: A chart of October sales for all Patch towns in the Chicago area.