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

 

Palatine train station

Palatine Illinois

The market statistics for home sales  in  Palatne IL  for the month of  July 2011.  

The current inventory of homes for sale in  Palatine  Illinois Zip Code 60067 is  down  vs  last month for detached homes and  the same  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  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  down  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 months over  June  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.

06/01/2011- 06/30/2011 7/1/2011-7/31/2011
Sold# Sold#
Detached homes

   24

Detached homes

18

Attached homes

40

Attached homes

41

Avg LP Sold Avg LP Sold
Detached homes

315466

Detached homes

359422

Attached homes

127272

Attached homes

107614

Avg SP Avg SP
Detached homes

300300

Detached homes

343515

Attached homes

122197

Attached homes

104099

SP/LP Ratio SP/LP Ratio
Detached homes

95%

Detached homes

91%

Attached homes

96%

Attached homes

82%

Avg MT Sold Avg MT Sold
Detached homes

189

Detached homes

121

Attached homes

141

Attached homes

153

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

347

     
Attached homes

611

     
Homes Selling Per Month:
Detached homes

18

     
Attached homes

41

     
Palatine  Currently Has:
Detached homes

19

Months of Inventory Active now
Attached homes

14

Months of inventory Active now
*Information compiled from the MLS, not guaranteed

 

                                                           Free Home Evaluation                                              

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

847-370-4509      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: