Frankfort Housing Market Sees Growth: December Home Sales
In Frankfort, 11 more homes were sold in December 2012 than in December 2011.
The 28 detached, single-family homes sold during December in Frankfort represented a 64.7 percent increase over sales during December 2011, according to the Mainstreet Organization of Realtors (MORe). However, the median price of Frankfort homes sold in December ($330,000) was 1.5 percent lower than the median price of homes sold in December 2011 ($335,000). The market for detached, single-family homes in suburbs throughout the Southland saw growth in December, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Chicago Heights saw the largest percent increase, with 188.9 percent more homes sold year over year in December. There were 9 homes sold that month in 2011 and 26 in 2012. Flossmoor saw the largest percent drop, …
