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Palatine Real Estate Market Update September 2018

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.<br><br>Now is the Time to Sell!<br><br>The average market time for a Single Family Homes to sell in Palatine last month was 51 days.<br>It took on average 26 days to sell Palatine Condo, Townhouse or a Duplex.<br>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.<br><br>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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Palatine Real Estate Market Update September 2018

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  1. Palatine Real Estate Market Update September 2018

  2. 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.

  3. 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.

  4. 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.

  5. If you are looking for a new home for you and your family, or looking for an investment property, you can’t 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!

  6. John Herman PropertyUp Inc. Call847-847-4711 • 18-5 E Dundee Rd, Suite 200 • Barrington, IL 60010

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