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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. This data comes courtesy of MRED MLS and covers 1/1/09 to 10/31/09.
Palatine Real Estate Background
Palatine is a community rich with history dating back to the 1830's. The village was incorporated in 1866 after it grew around the old railroad station. Today there is a new commuter stop for Metra, and downtown Palatine is thriving again with new growth and development. When considering their Real Estate options, many residents have chosen to call Palatine home due to its close proximity to just about anywhere in the Chicagoland area via the train or Route 53. There are many jobs nearby, great schools (Palatine District 15 and High School District 211), a wonderful park district, library, and plenty of shopping just minutes away. As a result Palatine homes for sale and Palatine Real Estate have enjoyed much appreciation over the years. When you are considering your next move, be sure to think about making a piece of Palatine IL Real Estate your home. Check out the links here when researching the area to see if you would like to call Palatine home. Scroll up and start your search to see which Palatine homes are available now.
Palatine Homes and Real Estate Related Information
Palatine School District 15
School District 15 580 N. First Bank Drive Palatine, IL 60067 847-963-3000Central Road Elemetary 3800 Central Rd. Palatine, IL 60008 847-963-5100 Frank C. Whiteley Elementary 4335 Haman Ave. Hoffman Estates, IL 60195 847-963-7200 Gray M. Sanborn Elementary 101 N. Oak St. Palatine, IL 60067 847-963-7000 Hunting Ridge Elementary 1105 W. Illinois Palatine, IL 60067 847-963-5300
Kimball Hill Elementary 2905 Meadow Dr. Rolling Meadows, IL 60008 847-963-5200Lake Louise Elementary 500 N. Jonathan Drive Palatine, IL 60074 847-963-5600Lincoln Elementary 1021 N. Ridgewood Lane Palatine, IL 60067 847-963-5700Jane Addams 1020 E. Sayles Palatine, IL 60074 847-963-5000Marion Jordan Elementary 100 N. Harrison Ave. Palatine, IL 60067 847-963-5500
Pleasant Hill Elementary 434 W. Illinois Palatine, IL 60067 847-963-5900Stewart R. Paddock 225 Washington Ct. Palatine, IL 60067 847-963-5800Thomas Jefferson Elementary 3805 Winston Drive Hoffman Estates, IL 60195 847-963-5400Virginia Lake Elementary 925 N. Glenn Drive Palatine, IL 60074 847-963-7100Willow Bend Elementary 4700 Barker Ave. Rolling Meadows, IL 60008 847-963-7300
Winston Campus 900 E. Palatine Rd. Palatine, IL 60074 847-963-7400Carl Sandburg Junior High 2600 Martin Lane Rolling Meadows, IL 60008 847-963-7800Plum Grove Junior High 2600 Plum Grove Rd. Rolling Meadows, IL 60008 847-963-7600Walter R. Sundling 110 N. Smith Palatine, IL 60067 847-963-3700Winston Campus Junior High 900 E. Palatine Rd. Palatine, IL 60074 847-963-7400
Palatine School District 211
Palatine Dining
Uptown Cafe of Palatine 51 W. Wilson St. Palatine, IL 60067 847-991-8215Normas Coffee Corner 189 W. Northwest Hwy Palatine, IL 60067 847-202-5690Lou Malnatis 287 N. Northwest Hwy Palatine, IL 60067 847-963-0800
Starbucks Coffee 137 W. Wood St. Palatine, IL 60067 847-359-5534 Palatine Inn 95 W. Northwest Hwy Palatine, IL 60067 847-991-4430Lamp Lighters 60 N. Bothwell Palatine, IL 60067 847-991-2420
Durty Nellies 180 N. Smith Palatine, IL 60067 847-358-9150Fortune kookie 570 N. Smith Palatine, IL 60067 847-776-7770Bakers Square 270 E. Nortwest Hwy Palatine, IL 60067 847-358-9050
Sumo Japanese Steak and Sushi 321 E. Northwest Hwy Palatine, IL 60067 847-991-7666 Vitorio De Roma 154 W. Northwest Hwy Palatine, IL 60067 847-991-7006Denny's 975 E. Dundee Rd. Palatine, IL 60067 847-991-0370
Palatine Local Businesses
Zimmer Hardware 16 N. Brockway Palatine, IL 60067 847-358-5400 Bank of Palatine 1 E. Northwest Hwy Palatine, IL 60067 847-991-4300Palatine Bank And Trust 110 W. Palatine Rd. Palatine, IL 60067 847-963-0047
Ace hardware 239 E. Northwest Hwy Palatine, IL 60067 847-381-1037Jewel Osco 45 S. Plum Grove Rd. Palatine, IL 60067 847-991-1888Harley Davidson 2200 N. Rand Rd. Palatine, IL 60074 888-400-hog1
Home Depot 825 E. Dundee Rd. Palatine, IL 60074 847-705-6801Target 679 E. Dundee Rd. Palatine, IL 60067 847-4202-5120Snap Fitness 19 W. Wilson Palatine, IL 60067 847-358-7627
Palatine IL area information Cook County: www.co.cook.il.us Cook County Assessor: www.cookcountyassessor.com School Reports: Illinois State Board of Education eReport Cards Area Directory Phone#: Schaumburg
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