1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com
Each office Independently owned and operated.
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 | 858.952.4280 | ©2020
Visit DowntownPalatineHomes.com for community info, listings, and recent sales.
JANUARY 2020 REAL ESTATE MARKET REPORT
2019 YEAR-END REAL ESTATE REVIEW
DOWNTOWN PALATINE’S The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown
Downtown Palatine Homeowner, Statistics show that Downtown Palatine has seen increases in key market indicators over 2019, but what does this mean for you as a homeowner? If you’ve considered selling, now is the time to get a great return from your investment! Call me today at 847.977.7024 to find out how I will help you maximize your home’s selling potential!
LOW
$203,950
AVERAGE HIGH
$327,748 $620,000
2019 Sold Home Prices
LOW
Year-End 2019
6 More Than 2018
$245,000
AVERAGE HIGH
26
HOMES SOLD
$367,800 $680,000
2018 Sold Home Prices
95
97.5%
$183
AVERAGE DAYS ON MARKET IN 2019
AVERAGE SOLD PRICE to LIST PRICE RATIO IN 2019
AVERAGE PRICE PER SQUARE FOOT IN 2019
LOW: 1 • HIGH: 366
LOW: 89.0% • HIGH: 101.8%
LOW: $133 • HIGH: $240
16 Days Slower Than 2018
1.1% More Than 2018
$6 Less Than 2018
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
Reflects data from the MRED MLS from January 1st, 2018 through December 31st, 2019. Data deemed accurate but not guaranteed.