Greg-Olson-Downtown Palatine-October 2020

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 | 858.952.4280 | ©2020

Visit DowntownPalatineHomes.com for community info, listings, and recent sales.

OCTOBER 2020 REAL ESTATE MARKET REPORT

FOUR REASONS TO

MORE BUYERS Buyers who didn’t find their dream home in the summer are still looking.

Appeal to those looking to close by the end of 2020!

NATURAL STAGING Decorating with the season’s sights and smells helps buyers visualize themselves living in a cozy and comfortable home.

LOW INVENTORY

Johnathan and Angela-Marie, Call Greg today at 847.977.7024 to get started and see how he will MAXIMIZE your home’s sale price this fall!

Fall brings with it a lower inventory of homes for sale. With less competition, you could sell faster and for more!

INCREASED SALE PRICE Lower inventory and serious buyers may bring more money to your wallet!

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 Johnathan and Angela-Marie Williams

GREG OLSON

"Greg helped sell my home in less than a month in a challenging area for real estate sales. He was very responsive and professional and helped me through every step of the process."

CPA | SFR | Managing Broker

847.977.7024

GregOlsonRealEstate@gmail.com

 DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES CURRENTLY LISTED Status

Subdivision

Street Name

Type

Beds

Baths

Estimated Square Feet*

List Price

Active

Palatine Station

N. Rose Street

Active

Palatine Station

N. Rose Street

Townhouse

1

1.0

1,000

$219,900

Townhouse

1

1.0

1,300

$229,500

Active

Palatine Station

Active

Palatine Station

W. Wood Street

Townhouse

2

2.1

N/A

$314,900

W. Wood Street

Townhouse

2

2.2

1,800

Active

$350,000

Palatine Station

W. Wood Street

Townhouse

2

2.2

1,800

$355,900

Active

Palatine Station

W. Wood Street

Townhouse

2

2.1

2,100

$374,900

Active

Palatine Station

N. Rose Street

Townhouse

3

2.2

2,300

$375,000

Active

Palatine Station

N. Maple Street

Townhouse

3

3.1

2,000

$379,950

Active

The Benchmark

W. Johnson Street

Condo

2

2.0

1,600

$285,000

Active

The Benchmark

W. Johnson Street

Condo

2

2.0

1,300

$289,900

Active

The Benchmark

W. Johnson Street

Condo

2

2.0

N/A

$299,700

Active

The Benchmark

W. Palatine Road

Condo

3

2.0

1,900

$369,000

Active

The Groves of Palatine

W. Wood Street

Townhouse

2

2.1

2,000

$314,900

Active

The Preserve

W. Wood Street

Condo

1

1.0

1,200

$209,000

Active

The Preserve

W. Wood Street

Condo

2

2.0

1,400

$249,900

Active

The Preserve

W. Wood Street

Condo

2

2.0

1,400

$250,000

Active

The Stratford of Palatine

W. Johnson Street

Condo

2

2.0

1,500

$285,000

Active

The Stratford of Palatine

W. Johnson Street

Condo

2

2.0

1,500

$285,900

DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD SINCE AUG. 1ST, 2020 Subdivision

Address

Type

Beds

Baths

Sold

Palatine Station

162 N. Rose Street

Sold

Palatine Station

231 W. Wood Street

Townhouse

2

Townhouse

2

Sold

The Groves of Palatine

420 W. Wood Street #16

Townhouse

Sold

The Stratford of Palatine

190 W. Johnson Street #304

Condo

Active Pending Sold

Average Active List Price: $302,131 Average Sold Price: $309,475 Average SP/LP Ratio: 98% Map is a visual representation of data on the left.

©2020 Google

The Messina Team is committed to providing you the highest quality financial solution that is specifically tailored to meet your financial needs.

Whether you are purchasing the home of your dreams, or refinancing an outstanding loan, we can help you find the right program.

PRODUCTS OFFERED: Conventional, FHA, VA, Jumbo, USDA and IHDA Purchase or Refinance

There are 2 homes currently pending in Downtown Palatine.

For more information, call me today at 847.977.7024.

Status

DOWNTOWN PALATINE AT A G L A N C E

Estimated Square Feet

List Price

Sold Price

Sold Date

2.1

N/A

$319,900

$313,000

09/18/20

3.1

1,820

$359,900

$359,900

08/04/20

2

2.1

2,000

$319,000

$300,000

08/21/20

2

2.0

1,414

$269,900

$265,000

08/28/20

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. ©2020 All rights reserved.

This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for August 1st, 2020 through September 23rd, 2020. Listings and sales may not be those of RE/MAX Suburban.

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 covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred. Call today for full details.

Pasquale Pete Messina

Chris Wallace

NMLS: 227000

NMLS: 224090

C: 847.951.1697

C: 708.525.5953

pmessina@themessinateam.com

chris@themessinateam.com

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