1. May 2015 real estate market in Palos Heights, Illinois 2. Single family home data taken from the MRED MLS 3. In the last 30 days there were 16 closed sales of Detached Homes 9 went under contract and there were 23 new listings 4. In the last 12 months median sales prices declined -0.8% 5. Marketing Time decreased -20.0% to an average of 96 days on the market 6. Now there is a 6.2 Month Supply of Inventory at the current level of absorption, this level is considered a oversupply. 7. Distressed sales, Bank Owned and Short Sales account for approximately 12% of total sales 8. Citywide Services performs residential real estate appraisals in Palos Heights, IL. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com