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

 

 Summer is here

Spring color in Northern Illinois

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

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  is 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  down  for attached single family homes.   Average Sale Price of homes sold is  up for single family homes and  down for attached single family homes, and our LP/SP ratio is  the  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  down  for single family homes in  Palatine  and  down for attached single family homes in  Palatine in the last month over  May 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.

05/01/2010- 05/31/2010 06/1/2010-06/30/2010
Sold# Sold#
Detached homes

     23

Detached homes

44

Attached homes

43

Attached homes

51

Avg LP Sold Avg LP Sold
Detached homes

326496

Detached homes

402300

Attached homes

168390

Attached homes

156941

Avg SP Avg SP
Detached homes

308496

Detached homes

377890

Attached homes

159818

Attached homes

148243

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

94%

Attached homes

95%

Attached homes

94%

Avg MT Sold Avg MT Sold
Detached homes

192

Detached homes

151

Attached homes

263

Attached homes

154

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

370

     
Attached homes

673

     
Homes Selling Per Month:
Detached homes

44

     
Attached homes

51

     
Palatine  Currently Has:
Detached homes

8

Months of Inventory Active now
Attached homes

13

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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