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Palatine Illinois Real Estate - Northern Illinois - Housing Market Statistics for September 2009

Home in Palatine Sold in 6 Days

A Home in Palatine Illinois we sold in 6 days.

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

The current inventory of homes for sale in Palatine Illinois Zip Code 60067 is down vs last month and sales this month over last month up for single family homes and down 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 for attached single family homes, and our LP/SP ratio is up for single family homes and even 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 for attached single family homes in Palatine in the last month over August 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.

08/01/2009- 08/30/2009 09/1/2009-09/31/2009
Sold# Sold#
Detached homes

33

Detached homes

37

Attached homes

62

Attached homes

53

Avg LP Sold Avg LP Sold
Detached homes

407907

Detached homes

387141

Attached homes

215329

Attached homes

174905

Avg SP Avg SP
Detached homes

383020

Detached homes

368108

Attached homes

202796

Attached homes

165005

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

95%

Attached homes

94%

Attached homes

94%

Avg MT Sold Avg MT Sold
Detached homes

155

Detached homes

178

Attached homes

165

Attached homes

160

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

346

Attached homes

654

Homes Selling Per Month:
Detached homes

37

Attached homes

53

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 Thursday Oct 22