Did you buy a home in Palatine or Barrington this year? Well, if you did, you probably got a great deal.
Quarter One 2009, Average Price Change
60067 -23%
60010 -13%
Quarter Two 2009, Average Price Change
60067 -16%
60010 -22%
This data compares the average home price for 2009 to the average home price of 2008 in the respective zip codes. Now that we have two quarters of data, we can see that 2009 is shaping up to be a year of price depreciation in Barrington and Palatine. Keep in mind that some neighborhoods are faring better than others. The third quarter data should be out soon.
*2009 Midwest Real Estate Data, LLC and National Association of Realtors
