Real Estate In Palatine is a sellers’ market with low inventory of homes in Palatine and a lot of buyer interest. There is a 4.47 months supply of inventory on the market in Palatine on March 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Palatine last month was 68 days.
It took on average 73 days to sell Palatine Condo, Townhouse or a Duplex.
The number of home sales in Palatine from February 1, 2018 through February 28, 2018 was 61 units. That is 1% above the number of homes sold last month in Palatine.

The average price per square foot in the area is now $114/Sq.Ft, which is 0% no change from last month.



In Palatine there were 23 units sold in February in the price range between $67,000 – $157,164 with an average of 1.7 bedrooms and 1.4 bathrooms and average Square footage of 967SF.

In Palatine there were 33 units sold in February in the price range between $157,165 – $458,663 with an average of 3.2 bedrooms and 2.2 bathrooms and average Square footage of 2,050SF.

In Palatine there were 5 units sold in February in the price range between $458,664 – $670,000 with an average of 4 bedrooms and 2.5 bathrooms and average Square footage of 2,958SF.

The low price range had the most activity. Homes up to $157,164 were on the market on average 63 days and sold an average of $110,091.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Palatine. Search all Palatine homes for Sale on propertyup.com If you are considering viewing Palatine, you may want to do so now!

Palatine
Jan 1, 2018 – Jan 31, 2018
Feb 1, 2018 – Feb 28, 2018
Month
January
February
Average Listing Price
$358,253
$358,822
Median Sales Price
$248,595
$247,328
Month supply of inventory
3.8
4.5
Market Time Detached
48 days
68 days
Market Time Attached
54 days
73 days
Inventory
487 properties
552 properties
Low price range
$75,000 – $302,916
$67,000 – $157,164
Low price range market time
43 days
63 days
Low price range units sold
48
23
Low price range bedrooms
2.4
1.7
Low price range bathrooms
1.7
1.4
Low price range approx sqft
1,381 SF
967 SF
Mid price range
$302,917 – $530,832
$157,165 – $458,663
Mid price range market time
68 days
72 days
Mid price range units sold
22
33
Mid price range bedrooms
3.3
3.2
Mid price range bathrooms
2.3
2.2
Mid price range approx sqft
2,262 SF
2,050 SF
High price range
$530,833 – $683,750
$458,664 – $670,000
High price range market time
116 days
106 days
High price range units sold
1
5
High price range bedrooms
4
4
High price range bathrooms
3
2.5
High price range approxsqft
3,959 SF
2,958 SF