Palatine Real Estate Market Update April 2018

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Palatine Real Estate Market Update April 2018
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Real Estate In Palatine is a balanced market that
favoring sellers. We still see plenty of
inventory, so plenty of bargains for the buyers.
There is a 5.65 months supply of inventory on the
market in Palatine on April 30, 2018.
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Now is the Time to Sell! The average market time
for a Single Family Homes to sell in
Palatine last month was 36 days.It took on
average 47 days to sell Palatine Condo, Townhouse
or a Duplex.The number of home sales in Palatine
from March 1, 2018 through March 31, 2018 was 75
units. That is 1 above the number of homes sold
last month in Palatine. The average price per
square foot in the area is now 136/Sq.Ft, which
is 21 an increase from last month.
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In Palatine there were 24 units sold in March in
the price range between 50,000 172,790 with
an average of 1.9 bedrooms and 1.4 bathrooms and
average Square footage of 1,036SF. In Palatine
there were 44 units sold in March in the price
range between 172,791 540,289 with an average
of 3.3 bedrooms and 2.2 bathrooms and average
Square footage of 2,028SF. In Palatine there were
7 units sold in March in the price range between
540,290 785,000 with an average of 4.6
bedrooms and 3.4 bathrooms and average Square
footage of 3,721SF. The low price range had the
most activity. Homes up to 172,790 were on the
market on average 60 days and sold an average of
124,870.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant go wrong by getting a prime
piece of real estate in Palatine. Search
all Palatine homes for Sale on propertyup.com If
you are considering viewing Palatine, you may
want to do so now!
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John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010