Lemont Home Sale Prices Up as Chicago Area Hits Six-Year High
Lemont's real estate market saw a 45.5 percent median price increase as the bulk of the Chicago area saw a bump in year-over-year comparisons.
Home sales in the Chicago area during September were at a six-year high, according to a recent RE/MAX report—and west suburban Cook County saw a similar boost. According to month-to-date community market statistics from the Mainstreet Organization of Realtors (MORe), 11 homes have been sold in Lemont so far this year - the same number of homes sold to date in 2011. But as shown in the chart below, the average sale price of a home sold in Lemont this year increased by 13.2 percent over 2011, from $328,636 to $371,954. A glance at the median sale price of a home sold in Lemont ($400,000) paints an even rosier picture, showing a 45.5 percent increase over last year's figure of $275,000. Median sales prices are determined by arranging home …
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