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 7.02 months supply of inventory on the market in Palatine on June 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Palatine last month was 43 days.
It took on average 30 days to sell Palatine Condo, Townhouse or a Duplex.
The number of home sales in Palatine from May 1, 2018 through May 31, 2018 was 122 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 $130/Sq.Ft, which is 0% an increase from last month.
In Palatine there were 43 units sold in May in the price range between $80,000 – $176,464 with an average of 1.9 bedrooms and 1.5 bathrooms and average Square footage of 1,101SF.
In Palatine there were 64 units sold in May in the price range between $176,465 – $476,514 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 1,868SF.
In Palatine there were 15 units sold in May in the price range between $476,515 – $680,101 with an average of 4.3 bedrooms and 3 bathrooms and average Square footage of 3,232SF.
The low price range had the most activity. Homes up to $176,464 were on the market on average 30 days and sold an average of $132,904.
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!
Comments(0)