| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 60074 | $156,000 | -22.8% | $180,000 | $202,000 | $215,000 | Palatine | $275,000 | +7.8% | $246,750 | $255,000 | $239,500 |
Palatine, 60074 Market Trends
Today, December 7, 2009
Palatine, 60074 Summary
The median sales price for homes in ZIP code 60074 for Aug 09 to Oct 09 was $156,000. This represents a decline of 13.3%, or $24,000, compared to the prior quarter and a decrease of 22.8% compared to the prior year. Sales prices have depreciated 27.4% over the last 5 years in 60074, Palatine.
The median sales price of $156,000 for 60074 is 43.27% lower than the median sales price for Palatine IL. Average listing price for homes on Trulia in ZIP code 60074 was $217,707 for the week ending Nov 25, which represents an increase of 0.5%, or $1,011 compared to the prior week and a decline of 2.3%, or $5,155, compared to the week ending Nov 04. Average price per square foot for homes in 60074 was $179 in the most recent quarter, which is 0.56% lower than the average price per square foot for homes in Palatine.
| Location | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| 60074 | $217,707 | +0.5% | $216,696 | $216,319 | $222,862 | Palatine | $312,616 | +1.0% | $309,568 | $306,410 | $311,278 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 60074 | $179 | -11.4% | $179 | $202 | $207 | Palatine | $180 | -6.2% | $186 | $192 | $206 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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