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 6.97 months supply of inventory on the market in Palatine on August 31, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Palatine last month was 33 days.
It took on average 32 days to sell Palatine Condo, Townhouse or a Duplex.
The number of home sales in Palatine from July 1, 2018 through July 31, 2018 was 117 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 $135/Sq.Ft, which is 5% an increase from last month.
In Palatine there were 30 units sold in July in the price range between $81,000 – $184,798 with an average of 2.2 bedrooms and 1.5 bathrooms and average Square footage of 1,128SF.
In Palatine there were 75 units sold in July in the price range between $184,799 – $516,797 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 1,811SF.
In Palatine there were 12 units sold in July in the price range between $516,798 – $745,000 with an average of 3.9 bedrooms and 3.2 bathrooms and average Square footage of 3,506SF.
The low price range had the most activity. Homes up to $184,798 were on the market on average 29 days and sold an average of $134,213.
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!
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