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 7.55 months supply of inventory on the market in Palatine on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Palatine last month was 44 days. It took on average 35 days to sell Palatine Condo, Townhouse or a Duplex.
The number of home sales in Palatine from August 1, 2019 through August 31, 2019 was 116 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 $138/Sq.Ft, which is 7% an increase from last month.


In Palatine there were 31 units sold in August in the price range between $85,000 – $185,518 with an average of 1.9 bedrooms and 1.4 bathrooms and average Square footage of 1,056SF.

In Palatine there were 79 units sold in August in the price range between $185,519 – $533,017 with an average of 3.2 bedrooms and 2.1 bathrooms and average Square footage of 2,010SF.

In Palatine there were 6 units sold in August in the price range between $533,018 – $780,000 with an average of 4.2 bedrooms and 3 bathrooms and average Square footage of 3,684SF.

The low price range had the most activity. Homes up to $185,518 were on the market on average 26 days and sold an average of $131,658.

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
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$336,595
$328,940
Median Sales Price
$273,681
$286,036
Month supply of inventory
8
7.5
Market Time Detached
43 days
44 days
Market Time Attached
32 days
35 days
Inventory
861 properties
822 properties
Low price range
$80,000 – $176,841
$85,000 – $185,518
Low price range market time
39 days
26 days
Low price range units sold
0
31
Low price range bedrooms
2
1.9
Low price range bathrooms
1.4
1.4
Low price range approx sqft
1,079 SF
1,056 SF
Mid price range
$176,842 – $464,340
$185,519 – $533,017
Mid price range market time
35 days
45 days
Mid price range units sold
77
79
Mid price range bedrooms
3.2
3.2
Mid price range bathrooms
2
2.1
Mid price range approx sqft
1,876 SF
2,010 SF
High price range
$464,341 – $655,000
$533,018 – $780,000
High price range market time
52 days
45 days
High price range units sold
11
6
High price range bedrooms
4.3
4.2
High price range bathrooms
2.9
3
High price range approxsqft
3,364 SF
3,684 SF