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Palatine, IL

Palatine in Northern Illinois Housing Market Statistics for October 2009

Julie Anne - Barrington -Deer Park IL RE Agent: Real Estate Agent in Deer Park, IL

Home in Palatine Illinois

Homes in Palatine Illinois.

The market statistics for home sales in Palatine IL for the month of October 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 down for single family homes and up for attached single family homes. Our average LP of sold homes is up 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 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 month over September 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.

09/01/2009- 09/30/2009 10/1/2009-10/31/2009
Sold# Sold#
Detached homes

37

Detached homes

21

Attached homes

53

Attached homes

55

Avg LP Sold Avg LP Sold
Detached homes

387141

Detached homes

434637

Attached homes

174905

Attached homes

139358

Avg SP Avg SP
Detached homes

368108

Detached homes

410709

Attached homes

165005

Attached homes

134242

SP/LP Ratio SP/LP Ratio
Detached homes

95%

Detached homes

94%

Attached homes

94%

Attached homes

96%

Avg MT Sold Avg MT Sold
Detached homes

178

Detached homes

130

Attached homes

160

Attached homes

161

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

227

Attached homes

532

Homes Selling Per Month:
Detached homes

32

Attached homes

62

Palatine Currently Has:
Detached homes

8

Months of Inventory Active now
Attached homes

8

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

Free Home Evaluation

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

Palatine Community Events for November 2009

Sharron Kelley: Real Estate Sales Person in Long Grove, IL

I recently found this site for Palatine Communiity Events(click on link) Restaurants, things to do, and upcoming Holiday Events. Check it out as I enjoyed looking at it myself

Palatine Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Palatine Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Palatine real estate statistics for the last 12 months as of November 6, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Palatine, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Palatine Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Palatine Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 323 $463,949 248
2 or Less 18 $208,361 285
3 103 $319,831 222
4 166 $529,598 257
5 or More 36 $701,367 265
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 644 $194,952 220
None 4 $98,425 170
2 or Less 509 $174,673 227
3 122 $270,387 199
4 9 $362,144 135
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 279 74% $421,166 $390,886 $367,277 94% 87% 188 $470,523 23%
2 or Less 20 74% $232,885 $213,930 $195,860 92% 84% 213 $246,297 22%
3 101 79% $312,444 $285,083 $266,225 93% 85% 159 $341,748 20%
4 139 73% $500,937 $470,290 $444,084 94% 89% 197 $525,276 24%
5 or More 19 59% $613,705 $558,680 $522,982 94% 85% 243 $643,918 38%
Attached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 457 60% $205,611 $185,714 $174,097 94% 85% 162 $203,018 37%
None 2 100% $101,950 $88,250 $80,000 91% 78% 227 0%
2 or Less 355 58% $191,344 $170,619 $159,656 94% 83% 166 $196,369 39%
3 94 70% $261,031 $242,557 $228,422 94% 88% 146 $247,249 25%
4 6 75% $216,063 $220,750 $208,775 95% 97% 174 $182,750 25%

Join Us - Free First Time Homebuyer Seminar - Palatine - December 3rd

10-28-09
Ryan Gable
Ryan Gable: Real Estate Agent in Palatine, IL

Some of the subjects covered:

* Roles of the Lender/Mortgage Broker
* Credit
* Pre-Approval
* Roles of the Real Estate Agent
* Searching for Properties
* Contracts
* Negotiation
* Closing

Class Location: Palatine, IL
1232 West Northwest Highway, Palatine, IL

To RSVP, please call or e-mail Ryan Gable at:
RyanGable@StartingPointRealty.com
(847) 348-1154

Palatine Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Palatine Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Palatine real estate statistics for the last 12 months as of October 23, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Palatine, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Palatine Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Palatine Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 345 $462,948 240
2 or Less 17 $209,106 304
3 114 $321,538 212
4 180 $528,768 247
5 or More 34 $715,550 262
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 641 $195,915 227
None 4 $101,075 175
2 or Less 512 $178,966 234
3 117 $261,943 205
4 8 $362,425 136
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 282 75% $423,140 $393,250 $369,456 94% 87% 190 $474,108 24%
2 or Less 19 73% $243,612 $216,511 $197,879 91% 81% 224 $272,854 27%
3 104 81% $313,919 $288,472 $269,333 93% 86% 159 $342,764 19%
4 140 74% $502,433 $472,620 $446,283 94% 89% 202 $524,920 24%
5 or More 19 61% $616,247 $558,680 $522,982 94% 85% 243 $653,420 35%
Attached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 448 59% $206,701 $187,827 $175,815 94% 85% 162 $202,011 38%
None 2 100% $101,950 $88,250 $80,000 91% 78% 227 0%
2 or Less 344 56% $191,456 $172,856 $161,383 93% 84% 165 $193,658 41%
3 96 70% $261,649 $241,491 $227,465 94% 87% 150 $252,451 25%
4 6 67% $236,500 $220,750 $208,775 95% 88% 174 $244,833 22%