Palatine Illinois Real Estate Market Statistics for January 2009

 

 Dunhaven Woods Palatine IL in January

The market statistics for home sales  in  Palatine IL  for the month of  January 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  down for single family homes and  also for attached single family homes.   For 07 vs 08 our average LP of sold homes is  down for single family homes and  the same  for attached single family homes.   Average Sale Price of homes sold is  down for single family homes and  down for attached single family homes, and our LP/SP ratio is  down.   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 month over  January 08  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.   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.

01/01/2008 – 01/31/2008 01/1/2009-01/31/2009
Sold# Sold#
Detached homes

        13

Detached homes

6

Attached homes

24

Attached homes

23

Avg LP Sold Avg LP Sold
Detached homes

495238

Detached homes

346950

Attached homes

174607

Attached homes

177604

Avg SP Avg SP
Detached homes

466585

Detached homes

317333

Attached homes

165140

Attached homes

167383

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

91%

Attached homes

95%

Attached homes

94%

Avg MT Sold Avg MT Sold
Detached homes

308

Detached homes

176

Attached homes

176

Attached homes

134

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

287

      +9%
Attached homes

500

      +15%
Homes Selling Per Month:
Detached homes

14

     +30%
Attached homes

47

     +110%
Palatine  Currently Has:
Detached homes

19    

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 AgentBarrington – Deer Park Real Estate Expert and surrounding areas

847-620-5815    julie@homesbyjulieanne.com

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