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
MARKET UPDATE 6.4.08
Here is the latest for Palatine homes for sale and Real Estate:
Single Family
Active listings: 343
Under contract: 59
Sold & Closed: 3
Avg days on market: 192
Condo/Coach home
Active listings: 432
Under contract: 32
Sold & Closed: 6
Avg days on market: 191
Townhome
Active listings: 276
Under contract: 30
Sold & Closed: 4
Avg days on market: 212
We are now in what is typically the busiest time of the year so you can see that total listings have jumped a bit from our past updates. Along with that, there are more properties going under contract. Closings are still few and far between, but those numbers will go up following the higher number of under contract listings. Most of what we are seeing sell lately are either foreclosed properties, or literally the cheapest priced home in a given subdivision (or even an entire town). Overall, activity has increased for Palatine homes and Real Estate.
This data comes courtesy of MRED MLS and covers the past 30 days of activity.
