July 2012 Update - Current Real Estate Conditions in Palatine Illinois (home sales, condo and townhome sales, land statistics)
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Currently - there are 217 single family homes on the market in Palatine IL, ranging in price from $75,000 to $999.900. (Apparently the highest priced home in Palatine forgot to add $99 to their list price)During the past month – 37 properties have closed in the past month in Palatine, as compared to 18 properties as of March 14, 2012 - ranging in price from $115,000 to $699,000.
There are currently 111 properties under contract, as compared to 84 properties on March 14 - of which quite a few are short sale properties (that may not close at all.)
In the townhome and condo market in Palatine, there are currently 284 listed properties ranging in price from $27,000 to $1,199,000. During the past month - 43 properties closed, ranging in price from $32,000 to $240,000. A total of 167 condos and townhomes are under contract (many of which are short sale properties that have languished under contract for months.)
There are 58 listings for land in Palatine, and one piece of land has closed in Palatine during the past month. There are two pieces of land under contract.
If you would like to learn more about Palatine market conditions, or real estate in Palatine, feel free to call 847-566-7558 or visit the Palatine home search area of our web site.
Because I and my company never represent sellers - as a first time home buyer - you have the peace of mind you need to make the most important decision of your life. 95% of our past clients are first time home buyers. They put our trust in us, because we are always on their side - leading them through the process the entire way.
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if you are serious about buying a home in the Chicago area within the next 90 days - feel free to contact us.
Visit the Buyer Broker Chicagoland web site for more information.
Or call 847-566-7558 or e-mail to schedule a complimentary initial consultation – so that I can determine if you are qualified to be a client. Thanks and have a great day!
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