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Palatine Real Estate & Homes 2008 Review
1.16.09
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 for closed listings.
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.
Take a virtual tour of the Palatine area.
Get market updates for Palatine homes & Real Estate: The Real Deal Blog
Palatine Homes and Real Estate Related Information
Village: www.palatine.il.us
Park District: www.palatineparkdistrict.com
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#: Palatine
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