Northern Illinois Real Estate – Palatine Real Estate Market Statistics for May 2009

 

                                                     Lake Park Estates in Palatine Illinois

The market statistics for home sales  in  Palatine IL  for the month of  May 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  up 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  down 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  April 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

       22

Detached homes

37

Attached homes

42

Attached homes

34

Avg LP Sold Avg LP Sold
Detached homes

514686

Detached homes

372367

Attached homes

209644

Attached homes

185057

Avg SP Avg SP
Detached homes

492045

Detached homes

348920

Attached homes

199181

Attached homes

168373

SP/LP Ratio SP/LP Ratio
Detached homes

96%

Detached homes

94%

Attached homes

95%

Attached homes

91%

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

126

     
Attached homes

205

     
Homes Selling Per Month:
Detached homes

39

     
Attached homes

51

     
Palatine  Currently Has:
Detached homes

3.23  

Months of Inventory Active now
Attached homes

4.01    

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 AgentBarrington – 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