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Palatine Real Estate Market Update July 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 6.48 months supply of inventory on the market in Palatine on July 31, 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 38 days.<br>It took on average 31 days to sell Palatine Condo, Townhouse or a Duplex.<br>The number of home sales in Palatine from June 1, 2018 through June 30, 2018 was 150 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 $129/Sq.Ft, which is 0% an increase from last month.

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Palatine Real Estate Market Update July 2018

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  1. Palatine Real Estate Market Update July 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 6.48 months supply of inventory on the market in Palatine on July 31, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Palatine last month was 38 days.It took on average 31 days to sell Palatine Condo, Townhouse or a Duplex.The number of home sales in Palatine from June 1, 2018 through June 30, 2018 was 150 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 $129/Sq.Ft, which is 0% an increase from last month.

  4. In Palatine there were 44 units sold in June in the price range between $80,000 – $179,053 with an average of 2.1 bedrooms and 1.5 bathrooms and average Square footage of 1,086SF. In Palatine there were 94 units sold in June in the price range between $179,054 – $489,052 with an average of 3.1 bedrooms and 2.1 bathrooms and average Square footage of 1,872SF. In Palatine there were 12 units sold in June in the price range between $489,053 – $700,000 with an average of 4.3 bedrooms and 3.1 bathrooms and average Square footage of 3,273SF. The low price range had the most activity. Homes up to $179,053 were on the market on average 34 days and sold an average of $130,149.

  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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