YEAR-TO-DATE 2023 DOWNTOWN PALATINE Our Downtown Palatine community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Palatine specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 847.977.7024. IT’S A SELLER’S MARKET Now is a great time to consider listing your home and take advantage of upward trends and low inventory! AVERAGE SOLD PRICE/LIST PRICE RATIO 100.2% +1.2% over 2022 AVERAGE SOLD PRICE $370,980 +25.8% over 2022 AVERAGE DAYS ON MARKET 85 13 days more than 2022 AVERAGE SOLD PRICE PER SQUARE FOOT $209 +10.6% over 2022 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 AUGUST 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 Data based on listings from MRED MLS from January 1st to July 17th, 2022 and 2023. Does not include homes taken off the market. Information deemed accurate but not guaranteed. Downtown Palatine Homeowner, 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 from out of town. 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.
DOWNTOWN PALATINE’S
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES RECENTLY SOLD
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
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 February 22nd to July 17th, 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.
information,
me today at
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 Palatine Station 129 N Rose Street Townhouse 2 2.1 1,800 $349,950 $340,000 07/10/23 Sold Palatine Station 146 N Rose Street Townhouse 3 2.1 1,600 $374,900 $390,000 07/10/23 Sold Palatine Station 239 W Wood Street Townhouse 2 2.1 2,000 $375,000 $375,000 05/31/23 Sold The Preserve 455 W Wood Street #410 Condo 2 2.0 1,700 $350,000 $350,000 05/05/23
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THERE ARE 3 HOMES CURRENTLY PENDING IN DOWNTOWN PALATINE. For more
call
847.977.7024
- MARK & MOLLY V. Status Subdivision Street Name Type Beds Baths Estimated Square Feet* List Price Active The Brownstones N Smith Street Townhouse 4 3.1 3,800 $659,900
PALATINE’S FINEST CONDOS & TOWNHOMES
The Benchmark • The Brownstones • The Groves of Palatine • Palatine Station • The Preserve • Stratford Downtown DOWNTOWN PALATINE INVENTORY IS LOW! Call me today at 847.977.7024 to learn how my marketing will attract qualified buyers and allow you to purchase your next dream home! 190 W Johnson Street, Unit 302 | Offered at $375,000 1702 S Highland Avenue | Offered at $325,000 When you decide it is time to sell, place your confidence in me, and I will deliver the results you want. Call me at 847.977.7024 to discuss how you can put your house on the market today. Downtown Palatine Homeowner, EXEPTIONAL! UNDER CONTRACT WITHIN 24 HOURS BY GREG
FINEST CONDOS & TOWNHOMES CURRENTLY LISTED DOWNTOWN
REAL ESTATE MARKET REPORT