Palatine Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Palatine home sales for the month of February rose in volume by 27.5% when compared to last year, while the median sale price rose by 4.1% from $220,000 to $229,000. The number of Single Family homes sales rose by 42.1%, while the median sale price rose by 3.4% from $295,000 to $305,000. Condo/townhome sales rose by 18.8%, while the median sale price rose by 10.1% from $158,500 to $174,500.

» View homes for sale in Palatine   » View all recent sales in Palatine

Median Sale Prices for Palatine

239k
210k
192k
220k
209k
258k
281k
272k
263k
254k
250k
245k
269k
235k
216k
229k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Palatine

86
69
63
51
93
105
146
121
140
128
111
106
87
92
56
65
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Palatine

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 51 65 +27.5% 125 125 0%
(Single Family) 19 27 +42.1% 50 47 -6%
(Condos/Townhomes) 32 38 +18.8% 75 78 +4%
Median Sale Price $220,000 $229,000 +4.1% $217,500 $220,000 +1.1%
(Single Family) $295,000 $305,000 +3.4% $311,250 $305,000 -2%
(Condos/Townhomes) $158,500 $174,500 +10.1% $158,000 $178,000 +12.7%
Days on Market 47 42 -10.6% 44 39 -11.4%
(Single Family) 47 51 +8.5% 52 51 -1%
(Condos/Townhomes) 50 34 -32.3% 35 31 -12.9%

HomesByMarco has sold 67 homes in Palatine

Thinking of selling your home in Palatine? 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 in 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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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