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Northern Illinois Real Estate - Palatine Real Estate Market Statistics for July 2009

Home sold in Palatine Illinois

The market statistics for home sales in Palatine IL for the month of July 2009.

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 up for single family homes and up for attached single family homes. Our average LP of sold homes is up for single family homes and the up for attached single family homes. Average Sale Price of homes sold is up for single family homes and up 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 up for single family homes in Palatine and down for attached single family homes in Palatine in the last month over June 09 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.

06/01/2009- 06/30/2009 07/1/2009-07/31/2009
Sold# Sold#
Detached homes

33

Detached homes

29

Attached homes

52

Attached homes

51

Avg LP Sold Avg LP Sold
Detached homes

383353

Detached homes

452017

Attached homes

199639

Attached homes

214438

Avg SP Avg SP
Detached homes

362831

Detached homes

426402

Attached homes

186140

Attached homes

204828

SP/LP Ratio SP/LP Ratio
Detached homes

95%

Detached homes

94%

Attached homes

93%

Attached homes

96%

Avg MT Sold Avg MT Sold
Detached homes

173

Detached homes

138

Attached homes

95

Attached homes

154

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

385

Attached homes

792

Homes Selling Per Month:
Detached homes

34

Attached homes

64

Palatine Currently Has:
Detached homes

11

Months of Inventory Active now
Attached homes

12

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

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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

CDPE Certified for Short Sales and REO

Posted Friday Aug 14