2008 Review for Palatine Homes and Real Estate:
Single Family
Active listings: 283
Under contract: 15
Closed: 267
Avg days on market: 264
Condo/Coach home
Active listings: 304
Under contract: 101
Closed: 254
Avg days on market: 229
Townhome
Active listings: 243
Under contract: 18
Closed: 175
Avg days on market: 221
You can see how many properties did sell and close in Palatine in 2008 – almost 700 combined. This shows that despite what you see on TV you can sell your home. When pricing, it just has to be listed very competitively to attract a qualified buyer. If you are considering buying a home, this may be the opportunity of a lifetime. With super low interest rates, and great prices you can find what you want and have a comfortable mortgage payment too!
This data comes courtesy of MRED MLS and covers 1/1/08 to 12/31/08.
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