Schaumburg Short Sales for Single Family Homes
Short sales are a common place in the real estate market and Schaumburg, IL is no exception. Schaumburg, IL is a great northwest suburb of Chicago and is a great suburb to raise a family. Schaumburg, IL is a convenient location because it has easy access to highways, Woodfield Mall, restaurants and businesses, great schools and much more. Single family homes in Schaumburg have seen quite a bit of short sale activity. For the month of December, 2012, there were 50 homes that are either for sale as a short sale, under contract, or closed.
As the chart shows, there is a lot of Short Sale activity in Schaumburg. Of the 50 homes that were short sales, 33 homes were under contract and had an average list price of $249,045 and an average market time of 314 days. There are 14 homes that show as currently active on the market, but 3 of those homes are temporarily off the market and 11 homes are still available for short sale purchase. These homes have a wide range with the lowest priced single family home in Schaumburg, IL on the market currently is 1018 Duxbury Lane Schaumburg, IL 60193 3 bedroom, 1.1 bathroom house for $148,000. The highest priced home still available for short sale in Schaumburg is 909 Eastpoint Dr. Schaumburg, IL 60193 4 bedroom 2.1 bathroom house for $332,000.
This chart shows us that there were 3 single family short sale homes that closed in December of 2012. These homes all sold for well below the average single family home sales in Schaumburg. Short sales are a great way to purchase a home for below market value.
To see current homes for short sale in Schaumburg, IL, click this link.
To see current condos and townhouses in Schaumburg, IL, click this link.
To see current foreclosure properties in Schaumburg, IL, click here.
If you are interested in seeing any of the available Single Family Short Sales in Schaumburg, please call me at 847-496-0062, visit my website www.cornerstonerealtychicago.com, or email me at cornerstone201@gmail.com.
Young Lee
Managing Broker/Property Manager
Cornerstone Realty and Rentals, Inc.
P.847-594-9071
C.847-496-0062
cornerstone201@gmail.com
Helping You Lay the Foundation for Your Future!
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