Palatine Real Estate Market Update July 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 6.48 months supply of inventory on the market in Palatine on July 31, 2018.
 
BARRINGTON, Ill. - July 27, 2018 - PRLog -- Real Estate In Palatine (https://propertyup.com/realestate/palatine,illinois) is a balanced market favoring buyers. There is significant amount of homes for sale in Palatine (https://propertyup.com/sale/house-palatine,illinois), and buyers are not in a rush to buy yet. There is a 6.48 months supply of inventory on the market in Palatine (https://propertyup.com/sale/palatine,illinois) on July 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Palatine (https://propertyup.com/sale/house-palatine,illinois) last month was 38 days.
It took on average 31 days to sell Palatine Condo (https://propertyup.com/sale/condos-palatine,illinois), Townhouse or a Duplex.
The number of home sales in Palatine from June 1, 2018 through June 30, 2018 was 150 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 $129/Sq.Ft, which is 0% an increase from last month.

In Palatine there were 44 units sold in June in the price range between $80,000 – $179,053 with an average of 2.1 bedrooms and 1.5 bathrooms and average Square footage of 1,086SF.

In Palatine there were 94 units sold in June in the price range between $179,054 – $489,052 with an average of 3.1 bedrooms and 2.1 bathrooms and average Square footage of 1,872SF.

In Palatine there were 12 units sold in June in the price range between $489,053 – $700,000 with an average of 4.3 bedrooms and 3.1 bathrooms and average Square footage of 3,273SF.

The low price range had the most activity. Homes up to $179,053 were on the market on average 34 days and sold an average of $130,149.

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 (https://propertyup.com/realestate/palatine,illinois). Search all Palatine homes for Sale (https://propertyup.com/sale/palatine,illinois) on propertyup.com If you are considering viewing Palatine (https://propertyup.com/sale/palatine,illinois), you may want to do so now!

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