Friday 18 August 2017

Palatine Homes For Sale Real Estate Market Report From July 1, 2017 to July 31, 2017. Now is the Time to Sell!


If you are thinking to purchase real estate in Palatine as your primary residence or an investment property, you should read our latest Palatine Real Estate Report. The PropertyUp Inc., John Herman Team has reviewed the data and reports a an increase month to month supply of inventory. There is a 6.05 month(s) supply of inventory on the market in Palatine in Jul 31, 2017. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Palatine last month was 31 days. It took on average 39 days to sell Palatine Condo, Townhouse or a Duplex. The number of home sales in Palatine from the July 1, 2017 through July 31, 2017 was 6 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 $153/Sq.Ft, which is 6% an increase from last month.

In Palatine there were 98 units sold in July in the price range between $70,000 - $334,999 with an average of 2.6 bedrooms and 1.8 bathrooms and average Square footage of 1,454SF.



In Palatine there were 39 units sold in July in the price range between $335,000 - $599,998 with an average of 4.1 bedrooms and 2.4 bathrooms and average Square footage of 2,728SF.

In Palatine there were 5 units sold in July in the price range between $599,999 - $795,000 with an average of 4 bedrooms and 2.9 bathrooms and average Square footage of 3,280SF.

The low price range had the the most activity. Homes up to $70,000 - $334,999 were on the market on average 33 days and sold an average of $215,136.

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!

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