Palatine Real Estate Market Update July 2018

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
(No Transcript)
6
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!
7
(No Transcript)
8

• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010