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Real Estate In Palatine is a balanced market favoring buyers.

Author: John Herman
by John Herman
Posted: May 21, 2018

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 6.37 months supply of inventory on the market in Palatine on May 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Palatine last month was 41 days.

It took on average 38 days to sell Palatine Condo, Townhouse or a Duplex.

The number of home sales in Palatine from April 1, 2018 through April 30, 2018 was 117 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 $131/Sq.Ft, which is 4% a decline from last month.

In Palatine there were 34 units sold in April in the price range between $72,000 – $178,266 with an average of 2 bedrooms and 1.5 bathrooms and average Square footage of 1,114SF.

In Palatine there were 64 units sold in April in the price range between $178,267 – $447,890 with an average of 3.2 bedrooms and 2.2 bathrooms and average Square footage of 1,881SF.

In Palatine there were 19 units sold in April in the price range between $447,891 – $611,250 with an average of 4.3 bedrooms and 2.7 bathrooms and average Square footage of 3,113SF.

The low price range had the most activity. Homes up to $178,266 were on the market on average 26 days and sold an average of $131,608.

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!

Stunning all brick home. Step into the two story foyer which unfolds to an elegant living room, and separate dining room. Large eat-in kitchen with an island in the center opens up to a dramatic two-story family room with a cozy fireplace. The main floor features gleaming hardwood floors and 9' ceilings, a separate library, sun room, laundry room, and powder room. The second floor has a 4 bedrooms, and 3 full baths. The master suite has a large walk-in closet, and a bathroom with double sinks. Full, 9' ceiling basement with rough in for a bathroom. Enjoy the backyard for your summer entertainment. Professionally maintained landscaping, 2-zone heating and A C, 3-car garage. Not your typical home!! Check out the virtual tour!

About the Author

Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.

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Author: John Herman

John Herman

Member since: Oct 11, 2017
Published articles: 130

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