Northern Illinois Real Estate - Palatine December 2011 Housing Market Statistics

By
Real Estate Agent with Keller Williams

 

Palatine train station

Palatine Illinois

The market statistics for home sales in Palatine IL for the month of December 2011

The current inventory of homes for sale in Palatine Illinois Zip Code 60067 is down vs last month for detached homes and the same for detached homes.  Sales this month over last month is up for single family homes and the same for attached single family homes.  Our average LP of sold homes is down for single family homes and down for attached single family homes.  Average Sale Price of homes sold is down for single family homes and down for attached single family homes, and our LP/SP ratio is down for single family homes and up for attached homes.  The average market time for homes sold in Palatine IL 60067 zip code has gone down for single family homes in Palatine and up for attached single family homes in Palatine in the last months over August 2011 market times.

The homes that are selling in Palatine  area are lower 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.  We also list many foreclosure, REO and Short Sale listings.  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.

08/01/2011- 08/31/2011   12/1/2011-12/31/2011  
           
           
Sold#     Sold#    
Detached homes

  29

  Detached homes

29

 
Attached homes

41

  Attached homes

41

 
           
Avg LP Sold     Avg LP Sold    
Detached homes

3330102

  Detached homes

310283

 
Attached homes

113056

  Attached homes

107409

 
           
Avg SP     Avg SP    
Detached homes

312020

  Detached homes

288611

 
Attached homes

1107552

  Attached homes

102305

 
           
SP/LP Ratio     SP/LP Ratio    
Detached homes

95%

  Detached homes

93%

 
Attached homes

95%

  Attached homes

95%

 
           
Avg MT Sold     Avg MT Sold    
Detached homes

125

  Detached homes

172

 
Attached homes

176

  Attached homes

117

 
           
Absorption Rate        
           
Palatine Current Inventory of Homes On Market:
Detached homes

272

         
Attached homes

475

         
           
Homes Selling Per Month:      
Detached homes

37

         
Attached homes

37

         
           
Palatine Currently Has:    
Detached homes

7

Months of Inventory Active now  
Attached homes

12

Months of inventory Active now  
           
           
*Information compiled from the MLS, not guaranteed    

 

     
       

          

 

If you are looking to relocate to the Barrington area contact my team and we would be more than happy to assist you with any information you may need.  Or just visit our website and search for information/search for homes in the Barrington area at your leisure.

 

Northern IL Homes for sale         Homes for sale Barrington                                                

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

224-633-9733

julie@homesbyjulieanne.com

What is my homes value?              Homes for sale in Northern Illinois, Barrington Homes for Sale - Deer Park Homes for S

CDPE Certified for Short Sales and REO

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