The biggest challenge in today’s housing market is how few homes are for sale compared to the number of people who want to buy.
While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic, from 2017 to 2019, meaning fewer homes are available to buy on a typical day than there were a few years ago.
Downtown Palatine Homeowner, Today’s low inventory means we’re still in a sellers’ market. So, if you’re thinking about selling your Downtown Palatine condo or townhome, this is a great time to do so! Call me today at 847.977.7024 to get started. SPRING MARKET! TAKE ADVANTAGE OF THIS UNIQUE Source: realtor.com NUMBER OF HOMES FOR SALE IS UP FROM LAST YEAR, BUT BELOW PRE-PANDEMIC NUMBERS ACTIVE MONTHLY LISTINGS, LAST 6 JANUARYS 2018 2019 2020 2021 2022 2023 1,000,000 750,000 500,000 350,000 0 1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com Each office Independently owned and operated. GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com Living, Loving, and Promoting Our Community’s Value Since 2004 Visit DowntownPalatineHomes.com for community info, listings, and recent sales. Published by Real Marketing (RM) www.REALMarketing4You.com 858.952.4280 ©2023 APRIL 2023 REAL ESTATE MARKET REPORT YOUR DOWNTOWN PALATINE NEIGHBOR AND REAL ESTATE SPECIALIST PRESENTED BY GREG OLSON DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES www.DowntownPalatineHomes.com PREPARED ESPECIALLY FOR Downtown Palatine Homeowner
GREG OLSON
CPA | SFR | Managing Broker
847.977.7024
GregOlsonRealEstate@gmail.com
"Greg is the absolute best! We were on a time crunch when we were looking at houses because we were coming out of town. Amazingly, we were able to look at 20 houses in two days and find our dream house, thanks to him! Such a relaxed and fun experience with Greg. The whole process was seamless. Would definitely recommend to anyone in the market."
- MOLLY V.
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES REAL ESTATE MARKET REPORT
The Benchmark • The Brownstones • The Groves
THERE ARE CURRENTLY NO HOMES LISTED AND NO HOMES PENDING IN DOWNTOWN PALATINE
Demand is high, and I have motivated, well-qualified buyers looking for their next dream home in Downtown Palatine! With my extensive Downtown Palatine experience, I can deliver strong results and the perfect buyer. Call me today at 847.977.7024 to discuss how I can help you maximize the selling potential of your home.
8 BENEFITS
OF LISTING YOUR HOUSE WITH GREG PRINT
PROFESSIONAL
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES RECENTLY SOLD
SUPERIOR NEGOTIATIONS
SMOOTHER TRANSACTIONS
Before you decide to take on the challenges of selling your own condo or townhome, call me today at 847.977.7024 to find out why working with a real estate agent financially benefits you!
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. ©2023 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for September 13th, 2022 to March 10th, 2023. 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.
• Palatine Station • The Preserve • Stratford Downtown Status Subdivision Address Type Beds Baths Estimated Square Feet* List Price Sold Price Sold Date Sold Benchmark 133 W Palatine Road #201A Condo 3 2.0 1,900 $399,900 $399,900 02/22/23 Sold Benchmark 132 W Johnson Street #503 Condo 2 2.0 N/A $290,000 $300,000 10/12/22 Sold Benchmark 133 W Palatine Road #111A Condo 1 1.1 1,400 $242,900 $235,000 09/13/22 Sold The Groves of Palatine 368 W Wood Street #29 Townhouse 2 2.2 2,500 $349,900 $345,000 12/27/22 Sold The Groves of Palatine 356 W Wood Street #32 Townhouse 2 2.1 2,100 $355,000 $350,000 11/21/22 Sold The Groves of Palatine 396 W Wood Street Townhouse 2 2.1 2,200 $358,000 $340,000 09/29/22 Sold Palatine Station 141 N Rose Street Townhouse 2 2.1 1,800 $344,900 $344,900 10/12/22 Sold Palatine Station 223 W Wood Street #77E Condo 1 1.0 1,000 $234,900 $225,000 09/30/22 Sold The Preserve 455 W Wood Street #203 Condo 3 2.0 2,100 $379,900 $370,000 12/29/22 Sold The Preserve 435 W Wood Street #408 Condo 2 2.0 1,700 $349,900 $343,500 11/17/22
of Palatine
MARKETING
PHOTOGRAPHY
HIGHER SOLD PRICE
DIGITAL MARKETING
LESS STRESS
SELLING STRATEGY
