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Schaumburg Real Estate and homes market update-last 3 months!

Schaumburg homes and Real Estate

Single Family

Active 241

Under contract 43

Sold and closed 55

Average days on the market 157

 

Condos/Townhomes

Active 436

Under contract 90

Sold and closed 97

Average days on the market 128

Schaumburg Real Estate hasn’t changed much in the past month.  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!

Beautiful Schaumburg coach home in great location - Lexington Lane.  Sold for top dollar in ONLY 39 days!  When you’re ready to move, contact the MisterHomes Group for results.  Listed for $205,000. 

 

Foreclosed property in Schaumburg at a great price!  4 bedroom, 2 story for under $275,000!!  Search for your next home (and get a great price right now!):  www.misterhomes.com

 

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!

 

This is a wonderful, big coach home! Get the space that Lexington Lane offers - plus 2 full baths! Check out the room sizes. Features include: updated eat-in kitchen, recessed lighting, fireplace, crown molding, ceiling fans, 6 panel doors, balcony, one car garage, in unit laundry, storage, and more! Appliances are included. Great private location backing to trees & single family homes. Minutes to shopping, xways!

Take a Virtual Tour! http://www.visualtour.com/shownp.asp?T=1453037

Schaumburg Real Estate and Homes.

Schaumburg Real Estate and Homes

Single family                             Condos/townhomes

Available  201                                 365

Under contract   26                         105

Closed    8                                          23

Schaumburg is same as the surrounding suburbs.  There are alot of listings to choose from.  A great buyers market and I anticipate them coming out when Spring arrives.

Here are your yearly Stats for all the properties sold in Schaumburg for 2007!

Schaumburg homes and Real Estate

Single Family

There were 255 homes sold in Schaumburg last year.  The average list price was $377,560 and the average sale price turned out to be $361,208.  It looks like once the sellers adjusted and maybe reduced their price they ended up selling within 96% of their list price at an average market time of 134 days!

Condos/Townhomes

There were 798 Attached properties sold in Schaumburg.  Average list price was $202,526 and the average sale price was $197,560. The sale/list price ratio was higher at 98%.  The market time was only 76 days! 

As you can see homes are still selling in Schaumburg.  I am confident that more and more buyers will come out this year and take a look at Schaumburg homes and Real Estate.  With record low rates and the amount of listings to choose from in Schaumburg it would be hard for buyers not to enter the market!

Here is what the Schaumburg Real Estate market looks like now.

 Schaumburg Real Estate and Homes

Single Family                      Townhomes/Condos

Total Listings: 220             Total Listings: 459

Available: 198                      Available: 373

Under Contract: 22            Under Contract: 86

Closed: 30                            Closed: 93

Schaumburg Real Estate seems to be trending the same as most suburbs.  The amount of listings have decreased in the last month.  The number has gone down possibly because a lot of sellers may want to relist in the spring.  This coming year is going to be the best buyers market in many years for the Schaumburg area and surrounding!

JUST LISTED!!! 

$169,900 - Remodeled kitchen, ranch style unit

See all the photos and take a virtual tour:  http://misterhomes.com/06721361.ad

Search for listings!

Your Schaumburg Market update

Schaumburg

Single Family                    Townhomes/Condos

Total Listings: 259            Total Listings: 471

Available: 242                    Available: 423

Under Contract: 21           Under Contract: 86

Closed: 37                          Closed: 98

There seems to be quite a few attached properties available in Schaumburg.  Keep in mind Schaumburg has more attached properties to start with.  There is about 20% of the attached properties under contract which is higher than most in the Northwest suburbs. 

A quick look at single family homes for the past 3 mos in Schaumburg:

Total Avg LP Avg MT
Sold 48 $346,998 149
Active 268 $426,080 155
Under Contract 22 $354,834 174
Other 0 $0 0
Max Min Avg
LP (33 8) $1,250,000 $189,900 $410,212
SP (4 8) $700,000 $225,000 $332,281