Greg Olson - Downtown Palatine - Jan 2018

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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