Real Estate In Palatine is a balanced market favoring buyers. There is significant amount of homes for sale in Palatine, and buyers are not in a rush to buy yet. There is a 6.11 months supply of inventory on the market in Palatine on November 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Palatine last month was 58 days.
It took on average 28 days to sell Palatine Condo, Townhouse or a Duplex.
The number of home sales in Palatine from October 1, 2018 through October 31, 2018 was 100 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 $126/Sq.Ft, which is 0% an increase from last month.
In Palatine there were 27 units sold in October in the price range between $70,000 – $159,919 with an average of 1.7 bedrooms and 1.3 bathrooms and average Square footage of 1,023SF.
In Palatine there were 63 units sold in October in the price range between $159,920 – $442,418 with an average of 2.9 bedrooms and 1.9 bathrooms and average Square footage of 1,743SF.
In Palatine there were 10 units sold in October in the price range between $442,419 – $635,000 with an average of 4.3 bedrooms and 2.4 bathrooms and average Square footage of 3,168SF.
The low price range had the most activity. Homes up to $159,919 were on the market on average 28 days and sold an average of $114,907.
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!