Minooka Home Sales Jumped Last Month Compared to Oct. 2012

The 12 single, detached homes sold in Minooka during October 2013 represented a 33 percent increase from October 2012, when 9 homes were sold, according to the Mainstreet Organization of Realtors (MORe).

Meanwhile, the median home sales price increased in Minooka during October. The median price increased 9.3 percent to $174,950 from $160,000 in October 2012, according to the statistics.

Channahon home sales didn't fair as well in October. The number of single, detached homes sold dropped 9.1 percent, with 10 sold in October compared to 11 sold in the same month last year. However, median home prices rose 14.3 percent, climbing from $168,000 in October last year to $192,000 in October this year.

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)