Northern Illinois Real Estate – Housing Market Statistics for Palatine – February 2011

 

 

 

 

Homes in Palatine sold

Homes in Palatine Illinois

The market statistics for home sales  in  Palatine IL  for the month of  February 2011.  

The current inventory of homes for sale in  Palatine  Illinois Zip Code 60067 is  up  vs  last month for detached homes and up for detached homes.   Sales  this month over last  month  is  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  up for single family homes and  down for attached single family homes, and our LP/SP ratio is  up  for single family homes and  up 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 months over  January 2011  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.

01/01/2011- 01/31/2011 2/1/2011-2/28/2011
Sold# Sold#
Detached homes

   33

Detached homes

17

Attached homes

18

Attached homes

23

Avg LP Sold Avg LP Sold
Detached homes

346207

Detached homes

343335

Attached homes

107009

Attached homes

100662

Avg SP Avg SP
Detached homes

324618

Detached homes

325359

Attached homes

97892

Attached homes

96137

SP/LP Ratio SP/LP Ratio
Detached homes

94%

Detached homes

95%

Attached homes

91%

Attached homes

96%

Avg MT Sold Avg MT Sold
Detached homes

211

Detached homes

135

Attached homes

150

Attached homes

170

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

292

     
Attached homes

622

     
Homes Selling Per Month:
Detached homes

17

     
Attached homes

23

     
Palatine  Currently Has:
Detached homes

17

Months of Inventory Active now
Attached homes

27

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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