Northern Illinois – Palatine Real Estate Market Statistics for April 2009

 Brandts restaurant in Palatine Illinois

The market statistics for home sales  in  Palatine IL  for the month of  April 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.   For 08 vs 09 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  up for attached single family homes, and our LP/SP ratio is  down for single family homes and  down 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  up  for attached single family homes in  Palatine in the last month over  March 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.

04/01/2008 – 04/31/2008 04/1/2009-04/31/2009
Sold# Sold#
Detached homes

        13

Detached homes

20

Attached homes

22

Attached homes

27

Avg LP Sold Avg LP Sold
Detached homes

527408

Detached homes

421259

Attached homes

228491

Attached homes

217040

Avg SP Avg SP
Detached homes

498723

Detached homes

395392

Attached homes

221445

Attached homes

201468

SP/LP Ratio SP/LP Ratio
Detached homes

95%

Detached homes

94%

Attached homes

97%

Attached homes

93%

Avg MT Sold Avg MT Sold
Detached homes

173

Detached homes

242

Attached homes

95

Attached homes

185

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

283

     
Attached homes

591

     
Homes Selling Per Month:
Detached homes

20

     
Attached homes

27

     
Palatine  Currently Has:
Detached homes

14    

Months of Inventory Active now
Attached homes

21    

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

 

                           Free Home Evaluation