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

 

Palatine train station

Palatine Illinois

The market statistics for home sales  in  Palatne IL  for the month of  August 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  up  for single family homes and  up 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  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  July  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.

07/01/2011- 07/31/2011 8/1/2011-8/30/2011
Sold# Sold#
Detached homes

   18

Detached homes

29

Attached homes

41

Attached homes

41

Avg LP Sold Avg LP Sold
Detached homes

359422

Detached homes

330102

Attached homes

107614

Attached homes

113056

Avg SP Avg SP
Detached homes

343515

Detached homes

312020

Attached homes

104099

Attached homes

107552

SP/LP Ratio SP/LP Ratio
Detached homes

91%

Detached homes

95%

Attached homes

82%

Attached homes

95%

Avg MT Sold Avg MT Sold
Detached homes

189

Detached homes

125

Attached homes

141

Attached homes

176

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

347

     
Attached homes

558

     
Homes Selling Per Month:
Detached homes

29

     
Attached homes

41

     
Palatine  Currently Has:
Detached homes

11

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

847-370-4509      julie@homesbyjulieanne.com

What is my homes value?                          Homes for sale in Northern Illinois, Barrington Homes for Sale  – Deer Park Homes for Sale

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