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Northern Illinois Real Estate - June 2010 Palatine Housing Market Statistics

By
Real Estate Agent with Keller Williams

Jul

5

Northern Illinois Real Estate - Palatine Housing Market Statistics - June 2010

Posted by Julie Anne under For Buyers, For Sellers, For Realty Professionals, Marketing Reports, Buyers, Area Information, Sellers Information, Market Reports, Relocation, Palatine

 

 Summer is here

Spring color in Northern Illinois

The market statistics for home sales in Palatine IL for the month of June 2010

The current inventory of homes for sale in Palatine Illinois Zip Code 60067 is down vs last month and sales this month over last month is up for single family homes and up for attached single family homes.  Our average LP of sold homes is up for single family homes and down for attached single family homes.  Average Sale Price of homes sold is up for single family homes and down for attached single family homes, and our LP/SP ratio is the the same for single family homes and down for attached homes.  The average market time for homes sold in Palatine IL 60067 zip code has gone down for single family homes in Palatine and down for attached single family homes in Palatine in the last month over May 2010 market times.

The homes that are selling in Palatine  area are lower in price this year over last for single family detached homes and attached homes

If you would like clarification of these figures or if you want to take advantage of this once in our lifetime market great for first time home buyers, investors or anyone moving up, look at our website http://www.homesbyjulieanne.com/ and search for homes available in the Barrington, Deer Park, Lake Zurich, Palatine  and surrounding areas.  We also list many foreclosure, REO and Short Sale listings.  Or contact us and we will help you find the best home for the money or sell your home in the Barrington, Deer Park, Lake Zurich, Palatine and surrounding areas at the highest price possible in this market.

05/01/2010- 05/31/2010   06/1/2010-06/30/2010  
           
           
Sold#     Sold#    
Detached homes

   23

  Detached homes

44

 
Attached homes

43

  Attached homes

51

 
           
Avg LP Sold     Avg LP Sold    
Detached homes

326496

  Detached homes

402300

 
Attached homes

168390

  Attached homes

156941

 
           
Avg SP     Avg SP    
Detached homes

308496

  Detached homes

377890

 
Attached homes

159818

  Attached homes

148243

 
           
SP/LP Ratio     SP/LP Ratio    
Detached homes

94%

  Detached homes

94%

 
Attached homes

95%

  Attached homes

94%

 
           
Avg MT Sold     Avg MT Sold    
Detached homes

192

  Detached homes

151

 
Attached homes

263

  Attached homes

154

 
           
Absorption Rate        
           
Palatine Current Inventory of Homes On Market:
Detached homes

370

         
Attached homes

673

         
           
Homes Selling Per Month:      
Detached homes

44

         
Attached homes

51

         
           
Palatine Currently Has:    
Detached homes

8

Months of Inventory Active now  
Attached homes

13

Months of inventory Active now  
           
           
*Information compiled from the MLS, not guaranteed    

 

     

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Posted By:  Julie Anne - The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate Agent - Barrington - Deer Park Real Estate Expert and surrounding areas

847-620-5815   julie@homesbyjulieanne.com

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