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Greg-Olson-Downtown Palatine - November 2021

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1808 N. Arlington Heights Road Arlington Heights, IL 60004 remaxsuburban.com

GREG OLSON

DOWNTOWN PALATINE’S

CPA | SFR | Managing Broker 4207. 7.9 784

GregOlsonRealEstate@ DowntownPalatineHomes

gmail .com

FINEST CONDOS & TOWNHOMES

.com

www.DowntownPalatineHomes.com

Living, Loving, and Promoting Our Community’s aV lue Since 2004 Published by Real Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

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DOWNTOWN

PALATINE 3rd Quarter R E A L E S TAT E R E V I E W

for community info, listings, and recent sales.

IT’S A SELLER’S MARKET! CURRENT ACTIVE LISTINGS: 7

98.3%

AV E R AG E S P/ L P R AT I O  1.9% over 3rd Quarter 2020

LOW: 94.3% | HIGH: 102.3%

$

306,692

AV E R AG E S O L D P R I C E

LOW: $225,000 | HIGH: $345,000

187

$

LOW: $150 | HIGH: $216

Let’s Achieve Success Together and Maximize Your Buying Power for Your Next Dream Home! This statistical analysis represents the average comparisons of 2021 over 2020. Data based on listings from MRED MLS from July 1st to September 30th, 2020 and 2021. Information deemed accurate but not guaranteed.

NOVEMBER 2021 REAL ESTATE MARKET REPORT

39

LOW: 3 | HIGH: 146

 3.7% over 3rd Quarter 2020

AV E R AG E P R I C E P E R S Q . F T.  8.7% over 3rd Quarter 2020

AV E R AG E DAYS O N M A R K E T  66 days fewer than 3rd Quarter 2020

Downtown Palatine Homeowner, With the season changing, the market continues to perform well, and demand for Downtown Palatine homes remains high. Take advantage of this historical market; give me a call today at 847.977.7024 to discuss how I can help you maximize your home’s selling potential.

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


GREG OLSON

"Greg is the best real estate professional! He is honest, professional, and knowledgeable. He is quick in his responses and gives the best advice. Greg helped us to buy and sell our property and made it possible to do so remotely while we were in another state."

CPA | SFR | Managing Broker

847.977.7024

GregOlsonRealEstate@

gmail .com



JUST SOLD IN THE GROVES OF PALATINE 476 W Wood Street #4 Offered at $330,000 2 Beds | 2.1 Baths | 2,200 Est. Sq. Ft.

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

Benchmark

W Palatine Road

Active

Benchmark

W Johnson Street

Condo

1

1.1

1,100

$250,000

Condo

2

2.0

1,300

$278,000

Active

Benchmark

W Johnson Street

Condo

2

2.0

1,400

$279,900

Active

Benchmark

W Palatine Road

Condo

2

2.0

N/A

$285,000

Active

The Preserve

W Wood Street

Condo

1

1.0

1,200

$219,900

Active

The Preserve

W Wood Street

Condo

2

2.0

1,700

$287,500

Active

The Preserve

W Wood Street

Condo

2

2.0

1,800

$349,900

Downtown Palatine Homeowner, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 847.977.7024 for a free market analysis of your home.

There are 3 homes currently pending in Downtown Palatine. For more information, call me today at 847.977.7024. DOWNTOWN PALATINE’S FINEST CONDOS & TOWNHOMES RECENTLY SOLD

The Messina-Wallace 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.

Beds

Baths

Estimated Square Feet*

List Price

Sold Price

Sold Date

Condo

2

2.1

1,400

$220,000

$225,000

09/30/21

132 W Johnson Street #106

Condo

1

1.1

1,200

$229,900

$225,000

09/16/21

Benchmark

133 W Palatine Road #106A

Condo

2

2.0

1,500

$309,900

$309,900

08/10/21

Pasquale Pete Messina

The Groves Of Palatine

476 W Wood Street #4

Condo

2

2.1

2,200

$350,000

$330,000

09/10/21

NMLS: 227000

Sold

Palatine Station

203 W Wood Street

Townhouse

2

2.2

N/A

$349,900

$342,000

09/08/21

Sold

Palatine Station

128 N Rose Street

Townhouse

2

2.1

1,600

$324,900

$329,900

08/20/21

C: 847.951.1697

Sold

The Preserve

455 W Wood Street #401

Condo

2

2.0

1,800

$429,900

$419,000

10/07/21

Sold

The Preserve

455 W Wood Street #308

Condo

2

2.0

N/A

$309,000

$300,000

08/17/21

Sold

The Preserve

435 W Wood Street #308

Condo

2

2.0

1,700

$350,000

$345,000

08/03/21

Sold

The Preserve

435 W Wood Street #210A

Condo

2

2.1

1,700

$349,900

$343,000

07/13/21

Sold

The Stratford Of Palatine 190 W Johnson Street #203

Condo

2

2.0

1,600

$350,000

$345,000

09/20/21

Sold

The Stratford Of Palatine 190 W Johnson Street #206

Condo

2

2.0

1,600

$319,900

$315,500

08/05/21

Sold

Wilson Street Homes

Townhouse

3

2.1

1,800

$285,000

$270,000

07/28/21

Status

Subdivision

Address

Type

Sold

Benchmark

132 W Johnson Street #202

Sold

Benchmark

Sold Sold

228 W Wilson Street #D

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. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS for July 13th, 2021 to October 20th, 2021. 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.

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

Chris Wallace NMLS: 224090

pmessina@myccmortgage.com

C: 708.525.5953 Chris.Wallace@myccmortgage.com

PROUD SPONSORS OF CMN

Recognized 2017 Miracle Makers

Cross Country Mortgage | 330 E. Northwest Highway, Mount Prospect, IL 60056 | NMLS: 874123


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