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Northern Illinois Real Estate - Housing Market Statistics for Palatine - September 2010

By
Real Estate Agent with Keller Williams

Downtown Palatine Train Station

Palatine Illinois Train Station

The market statistics for home sales in Palatine IL for the month of September 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 down for single family homes and for attached single family homes.  Our average LP of sold homes is down for single family homes and up for attached single family homes.  Average Sale Price of homes sold is down for single family homes and up for attached single family homes, and our LP/SP ratio is the the same for single family homes and up 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 months over July 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.

07/01/2010- 07/31/2010   09/1/2010-09/30/2010  
           
           
Sold#     Sold#    
Detached homes

   23

  Detached homes

21

 
Attached homes

29

  Attached homes

26

 
           
Avg LP Sold     Avg LP Sold    
Detached homes

452141

  Detached homes

377009

 
Attached homes

99638

  Attached homes

151654

 
           
Avg SP     Avg SP    
Detached homes

426508

  Detached homes

353383

 
Attached homes

94851

  Attached homes

145812

 
           
SP/LP Ratio     SP/LP Ratio    
Detached homes

94%

  Detached homes

94%

 
Attached homes

95%

  Attached homes

96%

 
           
Avg MT Sold     Avg MT Sold    
Detached homes

275

  Detached homes

273

 
Attached homes

158

  Attached homes

78

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

361

         
Attached homes

652

         
           
Homes Selling Per Month:      
Detached homes

17

         
Attached homes

25

         
           
Palatine Currently Has:    
Detached homes

21

Months of Inventory Active now  
Attached homes

26

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

What is my homes value?              Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for Sale

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