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Market Update for Palatine Homes and Real Estate – 11.7.09
Single Family
Active listings: 276
Under contract: 49
Closed: 252
Avg days on market: 249
Condo/Coach home
Active listings: 340
Under contract: 68
Closed: 213
Avg days on market: 235
Townhome
Active listings: 194
Under contract: 46
Closed: 193
Avg days on market: 203
It has been a busy year for the MisterHomes Group in Palatine. So it is just now that I am able to post a new Palatine market update. We plan to have these for you much more regularly in the coming months and years. 2009 showed slight improvements over ’08 for Palatine Real Estate to date. In fact, townhomes in Palatine have done very well, there have already been more closed than in all of 2008. That is most likely due to the first time buyer tax credit and fantastic prices. Palatine single family homes have done about the same or slitghtly better than 2008 so far. Condos in Palatine continue to be a challenge (just like everywhere else) due to tougher financing guidelines and because they were overbuilt during the Real Estate boom early this decade. Prices for all property types continue to be low and market times high, but there are finally more sales this year which is a first step toward a better market for Palatine Real Estate.
This data comes courtesy of MRED MLS and covers 1/1/09 to 10/31/09.
502 W. Illinois, Palatine.
Great price, great value and the kids will go to Fremd! Listed for just $315,000. Search for your Palatine area home, condo or townhome here.
Beautiful, updated ranch featuring refinished hardwood floors, remodeled kitchen, basement, and new windows throughout! You can move right in! Other updates include furnace in 02, a/c refurbished, 50 gal water heater 03, brick paver patio, ceiling fans, 6 panel doors, crown molding. Appliances included. The entire home was professionally painted and features custom room darkening blinds. 1st flr laundry. Only $284,500. View the listing. Take the tour.
Search for Palatine area home, townhome, condo listings here.
223 Lynn Drive, Palatine
A condo as good as new with garage, at a great price! Only listed at $149,900 and everything is updated.
- 104 N Plum Grove, #303
Listed for $219,900 in prime downtown Palatine. Sold in just under 2 months!
631 N. Charter Hall, Palatine
Gorgeous, remodeled townhome in desirable Charter Hall, Palatine. Listed for: $285,000.
Find your home/townhome/condo here:
- 651 Whispering Oaks, Palatine
Beautiful 2 story townhome with 2 car garage. Listed for $224,000.
Start your home search here:
1416 E. Rosita, Palatine
This large family home offers lots of room with family room plus sub-basement. In popular Winston Park. Listed for just $310,000. Take advantage of the great prices this market offers!
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- 104 N Plum Grove, #303, Palatine
Only $219,900! Immaculate 2 bedroom, 2 full bath condo in downtown Palatine’s Plum Court! You can eat off the floor it is so clean and well kept! Move right in. Upgraded cabinets and lighting, radiant heat in the floors, all appliances included, pergo floors, ceramic tile, balcony. Walk to the train, downtown restaurants and shops! Storage closet. One car garage in buliding too! Assoc fee covers everything except electric!!
Gorgeous Palatine townhome, excellent condition! Sold in only 36 days. Listed for $140,000.
1366 Whispering Springs Circle, Palatine
