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Northern Illinois Real Estate - Housing Market Statistics for Palatine - September 2010

Downtown Palatine Train Station

Palatine Illinois Train Station

The market statistics for home sales in Palatine IL for the month of September 2010.

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 is down for single family homes and for attached single family homes. Our average LP of sold homes is down for single family homes and up for attached single family homes. Average Sale Price of homes sold is down for single family homes and up for attached single family homes, and our LP/SP ratio is the the same 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 down for attached single family homes in Palatine in the last months over July 2010 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.

07/01/2010- 07/31/2010 09/1/2010-09/30/2010
Sold# Sold#
Detached homes

23

 Detached homes

21
Attached homes

29

 Attached homes

26
Avg LP Sold Avg LP Sold
Detached homes

452141

 Detached homes

377009
Attached homes

99638

 Attached homes

151654
Avg SP Avg SP
Detached homes

426508

 Detached homes

353383
Attached homes

94851

 Attached homes

145812
SP/LP Ratio SP/LP Ratio
Detached homes

94%

 Detached homes

94%
Attached homes

95%

 Attached homes

96%
Avg MT Sold Avg MT Sold
Detached homes

275

 Detached homes

273
Attached homes

158

 Attached homes

78
Absorption Rate
Palatine Current Inventory of Homes On Market:
Detached homes

361
Attached homes

652
Homes Selling Per Month:
Detached homes

17
Attached homes

25
Palatine Currently Has:
Detached homes

21

 Months of Inventory Active now
Attached homes

26

 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

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Posted Monday Oct 25