The Northern Illinois Homes – Palatine Real Estate 2016 Market Stats are shown below. The average price for sold homes in Palatine went up throughout 2016. The number of homes sold in Palatine in 2016 went up also through out the year. The market supply of homes in Palatine for sale has been steadily decreased causing a higher demand for a shorter supply of homes for sale on the market.
Interest rates just took a little dip, buyers most likely will be out looking to cash in while the rates are still at a very low rate. If you are thinking of buying a home in Palatine or selling a home in Palatine, contact me and I would be happy to help you take advantage of this real estate market.