Schaumburg Real Estate and homes market update-1st quarter of 2008!

Schaumburg Real Estate and Homes

Single Family

Active 214

Under contract 48

Sold and closed 37

Average days on the market 151

 

Condos/Townhomes

Active 410

Under contract 105

Sold and closed 106

Average days on the market 125

Schaumburg Real Estate is selling better than most areas!  About 20% of what’s on the market is under contract now, that is an improvement!!  If you are priced right and are willing to wait it out it will sell.  There still is a high number of homes available in Schaumburg.  It will take some time before the inventory reduces.  It is a great time to buy Real Estate in Schaumburg!  Rates are very low and sellers are willing to get the deal done!