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Schaumburg Market Trends for February 2021

By
Real Estate Sales Representative with RE/MAX Suburban

Schaumburg home sales for the month of February decreased in volume by 1.4% when compared to last year, while the median sale price rose by 14.7% from $191,750 to $220,000. The number of Single Family homes sales rose by 21.1%, while the median sale price decreased by 2.6% from $307,000 to $299,000. Condo/townhome sales decreased by 9.8%, while the median sale price rose by 8.4% from $172,000 to $186,500.

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Median Sale Prices for Schaumburg

226k
220k
212k
191k
210k
253k
210k
204k
220k
223k
210k
272k
199k
268k
204k
220k
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Number of Sales for Schaumburg

70
79
82
70
97
82
95
88
146
111
146
128
116
96
79
69
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Real Estate Sales for February in Schaumburg

  February Year to Date (Jan 1 - March 3)
  2020 2021 Change 2020 2021 Change
Homes Sold 70 69 -1.4% 157 154 -1.9%
(Single Family) 19 23 +21.1% 55 54 -1.8%
(Condos/Townhomes) 51 46 -9.8% 102 100 -2%
Median Sale Price $191,750 $220,000 +14.7% $201,000 $211,950 +5.4%
(Single Family) $307,000 $299,000 -2.6% $299,000 $346,900 +16%
(Condos/Townhomes) $172,000 $186,500 +8.4% $165,000 $180,000 +9.1%
Days on Market 46 25 -45.1% 34 14 -58.8%
(Single Family) 61 32 -47.5% 46 13 -72.8%
(Condos/Townhomes) 34 23 -32.4% 28 17 -41.1%

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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