180 N. Arlingto Heights Road Arlingto Heights, IL 604 remaxsubn.co
GREG OLSON
DOWNTOWN PALATINE’S
CPA | SFR | Managi Broke
847.977.7024 GregOlsonRealEstae@ DowntoPalieHms
.com gmail
FINEST CONDOS & TOWNHOMES
.com
www.DowntownPalatineHomes.com
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AUGUST 2022 REAL ESTATE MARKET REPORT
Downtown Palatine Homeowner,
MID-YEAR REVIEW Downtown Palatine
Statistics show a decrease in key market indicators; however, the demand for your Downtown Palatine community remains high with current inventory pointing to a seller’s market. To secure the best price for your home, you need a marketing and negotiation expert who specializes in Downtown Palatine. If you are thinking of selling, contact me today at 847.977.7024.
291,093
$
AVERAGE SOLD PRICE
Low: $210,000 | High: $370,000
Now is a great time to consider listing your home and taking advantage of the upward trends while they last!
1.7% Decrease from 2021
98.8%
AVERAGE SOLD PRICE/ LIST PRICE RATIO
Low: 94.6% | High: 107.8% 1.3% Increase over 2021
$
186
AVERAGE PRICE PER SQUARE FOOT
Low: $145 | High: $243
PRESENTED BY GREG OLSON
1.1% Decrease from 2021
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
81
AVERAGE DAYS ON MARKET
Low: 1 | High: 662 Data based on listings from MRED MLS from January 1st to June 30th, 2021 and 2022. Information deemed accurate but not guaranteed.
16.5% Decrease from 2021
PREPARED ESPECIALLY FOR Downtown Palatine Homeowner