Palatine Real Estate Market Update September 2018

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Palatine Real Estate Market Update September 2018
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Real Estate In Palatine is a balanced market
favoring buyers. There is significant amount
of homes for sale in Palatine, and buyers are not
in a rush to buy yet. There is a 6.77 months
supply of inventory on the market in Palatine on
September 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 51 days.It took on
average 26 days to sell Palatine Condo, Townhouse
or a Duplex.The number of home sales in Palatine
from August 1, 2018 through August 31, 2018 was
107 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 137/Sq.Ft,
which is 0 an increase from last month.
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In Palatine there were 36 units sold in August in
the price range between 77,000 181,158 with
an average of 1.8 bedrooms and 1.3 bathrooms and
average Square footage of 971SF. In Palatine
there were 56 units sold in August in the price
range between 181,159 511,407 with an average
of 2.9 bedrooms and 2.1 bathrooms and average
Square footage of 1,880SF. In Palatine there were
15 units sold in August in the price range
between 511,408 737,500 with an average of 4
bedrooms and 3.1 bathrooms and average Square
footage of 3,435SF. The low price range had the
most activity. Homes up to 181,158 were on the
market on average 30 days and sold an average of
118,472.
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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