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

Homes in Palatine Illinois

Homes in Palatine Illinois

The market statistics for home sales  in  Palatine IL  for the month of  October 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  down  for single family homes and  for attached single family homes.   Our average LP of sold homes is  down for single family homes and  up  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  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  up  for single family homes in  Palatine  and  up for attached single family homes in  Palatine in the last months over  September 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.

09/01/2010- 09/30/2010 10/1/2010-10/31/2010
Sold# Sold#
Detached homes

     21

Detached homes

21

Attached homes

26

Attached homes

32

Avg LP Sold Avg LP Sold
Detached homes

377009

Detached homes

342410

Attached homes

151654

Attached homes

152150

Avg SP Avg SP
Detached homes

353383

Detached homes

322293

Attached homes

145812

Attached homes

142915

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

94%

Attached homes

96%

Attached homes

94%

Avg MT Sold Avg MT Sold
Detached homes

273

Detached homes

293

Attached homes

78

Attached homes

166

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

342

     
Attached homes

630

     
Homes Selling Per Month:
Detached homes

21

     
Attached homes

32

     
Palatine  Currently Has:
Detached homes

16

Months of Inventory Active now
Attached homes

19

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

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