Single Family 
Active listings:  364
Under contract:  48
Sold & Closed:   121
Avg days on market: 184        

Condo/Coach home
Active listings:    444
Under contract:   61
Sold & Closed:   125
Avg days on market: 209

Townhome
Active listings:  273
Under contract:  25
Sold & Closed:  79
Avg days on market:  219 

The first 1/2 of 2008 is already behind us!  You can see the first 1/2 numbers for Palatine Real Estate and homes above show the dramatic over supply of listings compared to what has actually gone under contract and closed so far this year.  This continues to be one of the best times ever to buy, and most of what we have seen sell has been the lowest priced for the condition property.  The listings that are priced with the average just sit among all the choices while buyers wait for sellers to reduce to the market value.  The theme for 2008 continues:  If you don’t need to sell, don’t!  If you are even remotely considering buying, get out there and do it!

This data comes courtesy of MRED MLS and covers 1/1/08 to 6/30/08.