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Palos Heights Market Trends for February 2021

By
Real Estate Sales Representative with RE/MAX Suburban

Palos Heights home sales for the month of February decreased in volume by 25% when compared to last year, while the median sale price rose by 9.5% from $262,450 to $287,500. The number of Single Family homes sales decreased by 33.3%, while the median sale price rose by 10.9% from $320,000 to $355,000. Condo/townhome sales decreased by 14.3%, while the median sale price rose by 19.5% from $213,000 to $254,500.

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Median Sale Prices for Palos Heights

252k
295k
256k
262k
257k
322k
244k
275k
285k
270k
254k
285k
284k
381k
237k
287k
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Number of Sales for Palos Heights

17
24
10
16
12
13
16
17
34
23
38
28
32
20
11
12
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Real Estate Sales for February in Palos Heights

  February Year to Date (Jan 1 - March 3)
  2020 2021 Change 2020 2021 Change
Homes Sold 16 12 -25% 28 24 -14.3%
(Single Family) 9 6 -33.3% 14 10 -28.6%
(Condos/Townhomes) 7 6 -14.3% 14 14 0%
Median Sale Price $262,450 $287,500 +9.5% $256,000 $260,500 +1.8%
(Single Family) $320,000 $355,000 +10.9% $328,950 $362,500 +10.2%
(Condos/Townhomes) $213,000 $254,500 +19.5% $217,500 $225,500 +3.7%
Days on Market 34 20 -41.8% 17 31 +84.8%
(Single Family) 34 73 +113.2% 22 55 +155.8%
(Condos/Townhomes) 33 6 -81.8% 13 23 +80%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Palos Heights? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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