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Palatine Market Trends for July 2014

Palatine home sales for the month of July decreased in volume by 0.8% when compared to last year, while the median sale price rose by 21.4% from $200,000 to $242,750. The number of Single Family homes sales rose by 8.8%, while the median sale price decreased by 1.5% from $340,000 to $334,750. Condo/townhome sales decreased by 10%, while the median sale price rose by 29.1% from $96,000 to $123,900.

Median Sale Prices for Palatine

134k
123k
179k
190k
225k
200k
173k
228k
159k
175k
230k
170k
156k
211k
185k
190k
253k
242k
2/13 3/13 4/13 5/13 6/13 7/13 8/13 9/13 10/13 11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14

Number of Sales for Palatine

55
78
125
113
124
127
107
100
126
73
75
66
47
74
100
95
132
126
2/13 3/13 4/13 5/13 6/13 7/13 8/13 9/13 10/13 11/13 12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14

Real Estate Sales for July in Palatine

 JulyYear to Date (Jan 1 - August 8)
 20132014Change20132014Change
Homes Sold 127 126 -0.8% 631 660 +4.6%
(Single Family) 57 62 +8.8% 272 279 +2.6%
(Condos/Townhomes) 70 63 -10% 352 376 +6.8%
Median Sale Price $200,000 $242,750 +21.4% $188,000 $214,000 +13.8%
(Single Family) $340,000 $334,750 -1.5% $301,600 $327,500 +8.6%
(Condos/Townhomes) $96,000 $123,900 +29.1% $85,000 $119,950 +41.1%
Days on Market 17 22 +26.5% 23 24 +4.3%
(Single Family) 12 24 +100% 18 25 +42.9%
(Condos/Townhomes) 25 19 -24% 26 23 -11.5%

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2014 Midwest Real Estate Data LLC. All rights reserved.

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