Each office Independently owned and operated.
1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com
GREG OLSON
DOWNTOWN PALATINE’S
CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com
Living, Loving, and Promoting Our Community’s Value Since 2004 Published by Real Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2018
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
JANUARY 2018 REAL ESTATE MARKET REPORT
NEW YEAR = NEW HOME VALUES H O W W I L L Y O U R H O M E C O M P A R E T O 2 01 7 ’ S R E A L E S T A T E T R E N D S ?
Average Sold Price
$335,735 Average Price per Square Foot
$188 Dear Downtown Palatine Homeowner, To find out how your home compares to 2017’s real estate trends visit my website for a free, no obligation home assessment.
Average Sold Price/ List Price Ratio
96.9%
www.DowntownPalatineHomes.com Reflects data from the MRED MLS from January 1st through December 31st, 2017. Deemed accurate but not guaranteed.
PRESENTED BY GREG OLSON
YO U R D O W N TO W N PA L AT I N E N E I G H B O R AND REAL ESTATE SPECIALIST PREPARED ESPECIALLY FOR Downtown Palatine Homeowner
DOWNTOWN PALATINE AT A G L A N C E
No One in the World Sells More Real Estate than RE/MAX!®
GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
Active Pending
N E E D M O RE S PAC E ?
Downtown Palatine Homeowner, If you would like to know what your condo or townhome would sell for in today's market, contact me today at 847.977.7024 for your free report.
COMING SOON I N PA L AT I N E Large 6-Bedroom Home Near Downtown Palatine List Price $359,900
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT • The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown •
Sold
Average Active List Price: $347,117 Average Sold Price: $330,133 Average SP/LP Ratio: 97% Map is a visual representation of data on the left.
©2018 Google
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Active
The Groves of Palatine
392 W Wood Street
Active
Palatine Station
323 W Wood Street
Townhouse
3
3.1
2,180
$359,900
03/03/17
Townhouse
2
2.2
1,800
$349,900
Active
Palatine Station
12/05/17
259 W Wood Street
Townhouse
2
3.1
1,800
$350,000
09/29/17
Active Active
Palatine Station
241 W Wood Street
Townhouse
2
3.1
N/A
$354,000
09/25/17
The Preserve
455 W Wood Street 402
Condo
2
2.0
1,527
$319,000
10/16/17
Active
The Preserve
435 W Wood Street 208
Condo
2
2.0
1,666
$349,900
10/01/17
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY PENDING Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Pending Date
Pending
Palatine Station
142 N Rose Street
Townhouse
2
2.1
1,792
$329,000
09/30/17
12/19/17
Pending
Palatine Station
245 W Wood Street 245
Townhouse
3
2.1
2,200
$349,900
06/02/17
12/05/17
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD IN THE LAST 3 MONTHS Status
Subdivision
Address
Type
Beds
Baths
Estimated Square Feet
List Price
List Date
Sold Price
Sold Date
Sold
The Benchmark
132 W Johnson Street 402
Mid-Rise
2
2.1
1,366
$279,000
09/19/17
$272,000
12/08/17
Sold
The Benchmark
133 W Palatine Road 108A
Condo
1
1.1
N/A
$224,900
07/16/17
$215,000
11/03/17
Sold
The Brownstones
24 N Smith Street
Townhouse
3
3.1
N/A
$649,900
08/31/17
$635,000
11/15/17
Sold
Palatine Station
131 N Rose Street 131
Condo
1
1.1
1,000
$225,000
07/06/17
$208,750
10/30/17
Sold
Palatine Station
325 W Wood Street
Townhouse
3
2.2
N/A
$365,000
09/08/17
$365,050
10/18/17
Sold
The Preserve
435 W Wood Street 213
Mid-Rise
2
2.0
1,447
$299,900
08/10/17
$285,000
10/27/17
Greg Olson and RE/MAX Suburban are not in any way affiliated with Downtown Palatine Owners Association, nor is this in any way an official advertisement or publication of Downtown Palatine. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for October 2nd, 2017 through January 2nd, 2018. Listings and sales may not be those of RE/MAX Suburban. The National Association of Realtors® and MRED MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
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Illinois Residential License #MB6750717
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