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!

Palatine
Sep 1, 2018 – Sep 30, 2018
Oct 1, 2018 – Oct 31, 2018
Month
September
October
Average Listing Price
$309,900
$320,914
Median Sales Price
Any
$249,837
Month supply of inventory
3.4
6.1
Market Time Detached
0 days
58 days
Market Time Attached
0 days
28 days
Inventory
2 properties
683 properties
Low price range
Any – Any
$70,000 – $159,919
Low price range market time
0 days
28 days
Low price range units sold
0
27
Low price range bedrooms
0
1.7
Low price range bathrooms
0
1.3
Low price range approx sqft
0 SF
1,023 SF
Mid price range
$1 – $-1
$159,920 – $442,418
Mid price range market time
0 days
45 days
Mid price range units sold
0
63
Mid price range bedrooms
0
2.9
Mid price range bathrooms
0
1.9
Mid price range approx sqft
0 SF
1,743 SF
High price range
Any – Any
$442,419 – $635,000
High price range market time
0 days
49 days
High price range units sold
0
10
High price range bedrooms
0
4.3
High price range bathrooms
0
2.4
High price range approxsqft
0 SF
3,168 SF