Northern Illinois Real Estate – Housing Market Statistics for Palatine – February 2010

 New Listing for Sale Shadowbend

New Listing for Sale in Shadowbend

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

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  up  for attached single family homes.   Our average LP of sold homes is  down for single family homes and  down  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  up  for single family homes and  down 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  January 2009  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.

01/01/2010- 01/31/2010 02/1/2010-02/28/2010
Sold# Sold#
Detached homes

     15

Detached homes

12

Attached homes

19

Attached homes

27

Avg LP Sold Avg LP Sold
Detached homes

412976

Detached homes

309312

Attached homes

131905

Attached homes

114250

Avg SP Avg SP
Detached homes

390177

Detached homes

296642

Attached homes

129582

Attached homes

110762

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

96%

Attached homes

98%

Attached homes

97%

Avg MT Sold Avg MT Sold
Detached homes

200

Detached homes

71

Attached homes

145

Attached homes

152

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

353

     
Attached homes

646

     
Homes Selling Per Month:
Detached homes

12

     
Attached homes

27

     
Palatine  Currently Has:
Detached homes

29

Months of Inventory Active now
Attached homes

23  

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

What is my homes value?                          Homes for sale in Northern Illinois, Barrington Homes for Sale  – Deer Park Homes for Sale

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