Thursday, March 03, 2005

03/03/05 Palatine Real Estate Update

Palatine real estate market update for 03/03/05.

There are currently 178 single family homes listed on the MLS with a price range of $223,900 up to $1,999,000. Of the 178 homes currently listed 68 of them are currently under contract. This leaves 110 single family homes available in all of Palatine.

Attached homes are either condos, townhomes, or coach homes. There are 407 attached homes on the market with a price range of $89,000 for a 1 bedroom condo up to $566,620 for a luxury 2 bedroom 2 bath penthouse condo. 127 of these listed homes are under contract as of today and that leaves 280 attached homes that are available.

These numbers show that Palatine is still in a sellers market and that homes prices look like they will continue to rise during the spring market that is about to start. For more detailed information about Palatine visit SuburbanHouseHunters.com.