The market statistics for home sales in Palatine IL for the month of December 2008.
The current inventory of homes for sale in Palatine Illinois Zip Code 60067 is up vs last month and sales this month over last month down for single family homes and also for attached single family homes. For 07 vs 08 our average LP of sold homes is up for single family homes and the same for attached single family homes. Average Sale Price of homes sold is up for single family homes and up for attached single family homes, but our LP/SP ratio is down about the same. The average market time for homes sold in Palatine IL 60067 zip code has gone up for single family homes in Palatine and up for attached single family homes in Palatine in the last month over November 07 market times.
The homes that are selling in Palatine area are higher 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. 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.
11/01/2007 - 11/30/2007 | 11/1/2008-11/30/2008 | ||||
Sold# | Sold# | ||||
Detached homes |
13 |
Detached homes |
11 |
||
Attached homes |
40 |
Attached homes |
21 |
||
Avg LP Sold | Avg LP Sold | ||||
Detached homes |
455939 |
Detached homes |
459836 |
||
Attached homes |
188007 |
Attached homes |
183838 |
||
Avg SP | Avg SP | ||||
Detached homes |
435392 |
Detached homes |
426027 |
||
Attached homes |
188007 |
Attached homes |
172311 |
||
SP/LP Ratio | SP/LP Ratio | ||||
Detached homes |
95% |
Detached homes |
93% |
||
Attached homes |
96% |
Attached homes |
94% |
||
Avg MT Sold | Avg MT Sold | ||||
Detached homes |
200 |
Detached homes |
210 |
||
Attached homes |
115 |
Attached homes |
160 |
||
Absorption Rate | |||||
Palatine Current Inventory of Homes On Market: | |||||
Detached homes |
287 |
-6% | |||
Attached homes |
483 |
+15% | |||
Homes Selling Per Month: | |||||
Detached homes |
7 |
-68% | |||
Attached homes |
20 |
-68% | |||
Palatine Currently Has: | |||||
Detached homes |
41 |
Months of Inventory Active now | |||
Attached homes |
24 |
Months of inventory Active now | |||
*Information compiled from the MLS, not guaranteed |
|
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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