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
L Living, Loving, and Promoting Our Community’s Value Since 2004 O Published by Real Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018
Visit DowntownPalatineHomes.com for com mmunity info, listings, and recentt sales.
DOWNTOWN PALATINE HOME VALUES ARE UP $23,618!
JULY 2018 REAL ESTATE MARKET REPORT
16 ACTIVES 18 SOLDS
2 ND QUARTER REVIEW ACTIVE LIST PRICE RANGE
$225,000 - $699,000 SOLD PRICE RANGE
$188
$244
92.3%
96.7%
100.0%
Downtown Palatine Homeowner, Find out what your home is worth in today’s market! Call me at 847.977.7024 or visit DowntownPalatineHomes.com for a FREE, no-obligation home assessment!
$161
$265,000 - $680,000
LOW
AVG.
HIGH
LOW
AVG.
HIGH
SOLD PRICE PER SQUARE FOOT
94
SOLD PRICE/LIST PRICE RATIOS
AVERAGE DAYS ON MARKET (SOLDS)
Data based on listings from MRED MLS from April 1st to June 30th, 2018. Information deemed accurate but not guaranteed.
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
Did your home value change in the 2nd Quarter?
GREG OLSON CPA | SFR | Managing Broker 847.977.7024 GregOlsonRealEstate@gmail.com DowntownPalatineHomes.com
DOWNTOWN PALATINE AT A G L A N C E Active Pending
DowntownP DowntownPalatineHomes.com
Sold
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
Es mated Square Feet*
List Price
Ac ve
The Benchmark
W Johnson Street
Condo
1
1.1
1,200
$225,000
Ac ve
The Benchmark
W Johnson Street
Condo
2
2.0
1,400
$294,000
Ac ve
The Benchmark
W Johnson Street
Condo
2
2.0
1,600
$298,000
Ac ve
The Benchmark
W Pala ne Road
Condo
2
2.0
1,300
$299,900
Ac ve
The Benchmark
W Johnson Street
Condo
2
2.0
N/A
$314,900
Ac ve
The Brownstones
N Smith Street
Townhouse
3
3.1
N/A
$645,000
Ac ve
The Brownstones
N Smith Street
Townhouse
3
2.2
3,100
$699,000
Ac ve
The Groves of Pala ne
W Wood Street
Townhouse
3
3.1
2,100
$349,900
Ac ve
The Groves of Pala ne
W Wood Street
Townhouse
2
2.1
2,200
$384,900
Ac ve
Pala ne Sta on
W Wood Street
Condo
2
2.0
1,500
$306,000
Ac ve
Pala ne Sta on
W Wood Street
Townhouse
2
2.1
1,800
$319,900
Ac ve
Pala ne Sta on
N Smith Street
Townhouse
2
2.1
2,100
$349,900
Ac ve
The Preserve
W Wood Street
Condo
2
2.0
1,300
$250,000
Ac ve
The Preserve
W Wood Street
Condo
2
2.0
1,400
$284,900
Ac ve
The Preserve
W Wood Street
Condo
2
2.0
1,400
$287,900
Ac ve
The Stra ord of Pala ne
W Johnson Street
Condo
2
2.0
1,500
$299,900
There are four homes currently Pending in Downtown Palatine.
Average Active List Price: $350,569 Average Sold Price: $384,719 Average SP/LP Ratio: 96% Map is a visual representation of data on the left.
©2018 Google
ARE YOU LOOKING FOR AN EXPERT IN CONDO & TOWNHOUSE LOANS?
DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES SOLD IN THE LAST MONTH Status
Subdivision
Address
Type
Beds
Baths
Es mated Square Feet
List Price
Sold Price
Sold Date
Sold
The Benchmark
132 W Johnson Street 408
Condo
2
2.0
1,628
$295,000
$283,000
06/29/18
Sold
The Brownstones
18 N Smith Street
Townhouse
3
3.1
3,100
$695,000
$680,000
06/29/18
Sold
The Brownstones
12 N Smith Street
Townhouse
3
2.1
2,497
$642,000
$610,000
06/14/18
Sold
The Groves of Pala ne
480 W Wood Street
Townhouse
2
2.1
1,830
$314,900
$295,000
06/19/18
Sold
Pala ne Sta on
147 N Rose Street
Townhouse
2
2.1
1,800
$325,000
$323,000
06/28/18
Sold
Pala ne Sta on
243 W Wood Street
Condo
2
3.1
1,820
$336,000
$328,750
06/13/18
Sold
The Preserve
435 W Wood Street 305A
Condo
2
2.0
1,455
$289,000
$283,000
06/29/18
Sold
The Preserve
435 W Wood Street 312A
Condo
2
2.0
1,523
$298,000
$275,000
06/22/18
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. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for June 3rd, 2018 through July 3rd, 2018. Listings and sales may not be those of RE/MAX Suburban. The National Association of Realtors® and 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. 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.
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 find you the right program. Passquale Pete Messina NM MLS# 227000 84 47.951.1697 pm messina@themessinateam.com
PRODUCTS OFFERED: Conventional FHA, VA Jumbo, USDA, IHDA Purchase or Refinance Chris Wallace NMLS# 224090 708.525.5953 chris@themessinateam.com
“This is not an offer for extension of credit edi orr a commitment to lend. Subject to credit or underwriter approval. Peoples Home Equity, Inc. NMLS# LS# 63 3371 - Illinois Residential Mortgage Licensee MB 6760717 1801 S Meyers Ro Road d, Suite 500, Oakbrook Terrace, IL 60181