Home Sales Numbers Rise in Rolling Meadows Real Estate Market

The Rolling Meadows market looked busy in this week's report, as the number of home sales rose 3.3%, pushing the total to 31 homes sold over the last 30 days. At the same time, close-by Palatine reported 90 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Rolling Meadows, and for this period the median sales price slid from $224,750 to $199,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Rolling Meadows is a seller's market.

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Demographic facts for Rolling Meadows:

  • The median age of all homes in the area is 40 years old.
  • The average snowfall is 23.5 inches per year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,859. ($5,691 = national average)

Data reported through 10/12/2016

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Coldwell Banker Residential Brokerage
Snapped 14 homes in this area
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