There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Schaumburg IL area. Sellers are hot to compete and make their home standout above their competition. This is a great time to get your first home or move to a smaller home. Prices have held from 4 to 5% of listing price over the last few months.
Here is a chart of ACTIVE Multi-family Homes in Schaumburg with the MARKET TIMES posted as "Average Days on the Market".
There are currently 398 homes in various styles and types available with the Average Market Time of 114 days. The median price is $217,278 and the highest price is a whopping $729,900.
| Lyn Sims Re/Max Suburban |
| |
| Active Listings for Sale in Schaumburg IL 10/8/2007 |
| List Price Range |
# Listings |
Avg. Days on Mkt |
| Less than $149,999 |
43 |
131 |
 |
| $150,000 - $199,999 |
162 |
117 |
|
| $200,000 - $249,999 |
122 |
104 |
|
| $250,000 - $299,999 |
36 |
103 |
|
| $300,000 - $349,999 |
12 |
124 |
|
| $350,000 - $399,999 |
8 |
103 |
|
| $400,000 - $449,999 |
6 |
91 |
|
| $450,000 - $499,999 |
2 |
330 |
|
| $500,000 - $549,999 |
1 |
88 |
|
| $550,000 - $599,999 |
5 |
149 |
|
| $700,000 - $799,999 |
1 |
211 |
|
|
| |
| Active Listings Summary |
| # Units |
Avg. MT |
Median List Price |
Avg. List Price |
Max. List Price |
Min. List Price |
Total Volume |
| 398 |
114 |
$199,900 |
$217,278 |
$729,900 |
$98,000 |
$86,476,494 |
|
As you can see the average bracket of pricing for the area is between $150,000 to $249,900 which makes Schaumburg a great affordable area. To search for homes currently available in the Schaumburg IL area, please go directly to my website at www.LynSims.net.
If you are looking to find or sell a home in the Schaumburg IL area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-230-7324 or 800-637-9345. I can provide you with information on many of the areas communities.
Contact me, I'm ready to buy or sell a home!
Lyn Sims RE/MAX Suburban 847-230-7324 or 800-637-9345 Outside IL.
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