Northern Illinois Real Estate – Palatine Housing Market Statistics – March 2010

 Palatine subdivision of homes

A subdivision in Palatine Illinois

The market statistics for home sales  in  Palatine IL  for the month of  March 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  up for single family homes and  up  for attached single family homes.   Our average LP of sold homes is  up for single family homes and  up  for attached single family homes.   Average Sale Price of homes sold is  up for single family homes and  up for attached single family homes, and our LP/SP ratio is  the same  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  down for attached single family homes in  Palatine in the last month over  February 2010  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.

02/01/2010- 02/31/2010 03/1/2010-03/31/2010
Sold# Sold#
Detached homes

     12

Detached homes

20

Attached homes

27

Attached homes

27

Avg LP Sold Avg LP Sold
Detached homes

309312

Detached homes

353732

Attached homes

114250

Attached homes

153148

Avg SP Avg SP
Detached homes

296642

Detached homes

338615

Attached homes

110762

Attached homes

147064

SP/LP Ratio SP/LP Ratio
Detached homes

96%

Detached homes

96%

Attached homes

97%

Attached homes

96%

Avg MT Sold Avg MT Sold
Detached homes

71

Detached homes

143

Attached homes

152

Attached homes

150

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

376

     
Attached homes

700

     
Homes Selling Per Month:
Detached homes

20

     
Attached homes

42

     
Palatine  Currently Has:
Detached homes

18

Months of Inventory Active now
Attached homes

16  

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

CDPE Certified for Short Sales and REO

Link to your specific neighborhood Real Estate Market Snapshot:

http://www.homeinsight.com/Widget/default.asp?FHO3Q54SCYOY