schaumburg home prices: Schaumburg Real Estate Market in a Minute June 2020 - 07/12/20 12:54 PM

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schaumburg home prices: Schaumburg Housing Prices - June 2020 - 07/06/20 01:38 PM
Most people that I talk with are concerned about how COVID-19 is effecting real estate. Will values stay the same? Will they decline?

Honestly at this time, I can tell you what I have noticed with as many numbers or trends as I can gather for you. Before your eyes glaze over when I mention numbers, I'll be sure to explain how they will effect you.

Just a disclaimer that real estate is a funny creature. One subdivision or town might be effected harshly & others will be fine. This is the way of the world so this report is … (2 comments)

schaumburg home prices: Streamwood Real Estate Market in a Minute Report April 2020 - 05/12/20 03:19 PM
 
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schaumburg home prices: Schaumburg Housing Market in a Minute - April 2020 - 05/06/20 02:20 PM
 
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schaumburg home prices: Schaumburg Home Values - are we going for a great start? - 02/26/20 03:26 PM

 
Here's the things you will need to know if you are planning on selling. So how is the market doing currently in Schaumburg? Here's a few graphs to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg? This tells you if the market is flat, going up or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
 
How many homes are for sale in Schaumburg? This is called the months of inventory level. The lower the level of homes on the market the better the market is for … (1 comments)

schaumburg home prices: Schaumburg Real Estate Market 2019 - What happened? - 12/30/19 05:35 PM

 
Here's the things you will need to know if you are planning on selling in 2020. So how is the real estate market doing currently in Schaumburg? Here's a few graphs to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg? This tells you if the market is flat, going up or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
 
How many other homes are for sale in Schaumburg? This is told in the months of inventory level. The lower the level of homes on the market … (2 comments)

schaumburg home prices: Are Home Sales Slowing in Schaumburg? August 2019 - 09/10/19 11:46 AM


The things that you will need to know if you are planning on selling is how is the market doing currently in Schaumburg. Here's a few stats to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg?  18% of total homes listed in August. This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
What is Schaumburg's inventory level? The lower the level of homes on the market the better the … (1 comments)

schaumburg home prices: Schaumburg Home Buying Lingo - 08/16/19 11:11 AM
Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home.
The best way to ensure your home-buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.’
 
 
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schaumburg home prices: Schaumburg's Home Inventory is Low - July 2019 - 08/11/19 02:54 PM
So .... What are Prices Doing? 
Average sales price ($376,000) a increase of 6% from July 2018.  Sellers are now happy with prices or have decided that now is a good time to move. Some of life's choices say that it's time to do it. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 and inventory is down to 2.8 months of inventory. Market time for homes going under contract for July is 52 days. If you think that 52 days is high I would advise … (1 comments)

schaumburg home prices: Schaumburg's Home Inventory is Low - June 2019 - 07/17/19 03:05 PM
 
How are those prices doing?
Remember that every subdivision and town is responding differently if and 'when' a home in the area goes on the market. What about you? Thinking that now is the time to move? Prices increased slightly overall. Find out exactly where your home stands by calling me for an evaluation.
 
Sellers or Buyers Market?
With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 (11%). Get your home on the market!
If your home is currently on the market for 30 days or more, buyers have given you feedback on your condition, price, or your location. With inventory this low there … (1 comments)

schaumburg home prices: Schaumburg Home Sales - May 2019 - 06/05/19 12:20 PM
What are Schaumburg Prices Doing?  Average sales price ($345,260) an increase of 2.2% from May 2018.  Remember that every subdivision is responding & recovering differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Let's talk if you are thinking of moving. With our overall amount of inventory we are still in a sellers market. Inventory is UP 21% over 2018. Homes actually closing is UP from 2018 by 20%. Total homes going under contract have been the highest … (0 comments)

schaumburg home prices: Are Schaumburg Homes Selling? March 2019 - 04/02/19 12:51 PM
Real Estate Market Update for Schaumburg - March 2019
What are Prices Doing?  Average sales price ($302,500) an increase of .8% from March 2018.  Remember that every Schaumburg subdivision is responding & recovering differently. That means "if and when" a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 slightly. Homes actually closing is down from 2018 by … (1 comments)

schaumburg home prices: Schaumburg IL Area Real Estate Market Report - December 2017 - 01/08/18 10:05 AM
Real Estate Market Update - Northwest Suburbs near the Schaumburg Area - December 2017

This is the place to get all your real estate market questions answered!

What are Prices Doing Now?  Average sales prices are increasing every month and across the board. Every subdivision is responding differently if and 'when' a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you?

With our overall amount of inventory we are still in a sellers market. Inventory has decreased between 25% to 30% … (2 comments)

schaumburg home prices: Schaumburg IL Area Real Estate Market Update - May 2017 - 06/25/17 12:20 PM
Real Estate Market Update - Northwest Suburbs near the Schaumburg Area - May 2017

This is the place to get all your real estate questions answered!

What are Prices Doing?  Average sales prices are increasing slightly and across the board. Every subdivision is responding differently if and 'when' a home in the area goes on the market. I would say that sellers are now pretty happy with prices or have decided that now is a good time to move along.

With our decreased amount of inventory for May we are definitely in a sellers market based on past statistics. … (1 comments)

schaumburg home prices: Schaumburg Homes - Are prices increasing for 2016? - 07/16/16 07:58 AM
Schaumburg Homes - Are prices increasing?

Schaumburg Homes are selling at a better pace and at better prices overall for 2016. Based on the monthly numbers that I present, we can see that things begin a little slowly in the winter months & then begin to ramp up for the year.  Average prices reaching over the $330,000 mark so far this year.

Schaumburg home prices have increased slightly over 2015 levels but nothing exceptional to report like some areas of the country. We have an overall better mix of lower priced and upper priced homes elevating those average prices.
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schaumburg home prices: Schaumburg IL Average Home Prices 2015 - 01/16/16 02:00 AM
Schaumburg IL Real Estate - Are prices increasing?
Schaumburg Homes are selling at a better pace and at better prices overall. Based on the monthly numbers that I present, we can see that things are slower in the winter months & then begin to ramp up for the year. 

Schaumburg Single Family Home prices have increased slightly over 2014 levels but nothing exceptional to report like some areas of the country. We have an overall better mix of lower priced and upper priced homes elevating our average price.

Average Sales Price for 2015 in Schaumburg was $304,395.
Average … (1 comments)

 
Lyn Sims, Schaumburg Real Estate (RE/MAX Suburban) Rainmaker large

Lyn Sims

Schaumburg Real Estate

Schaumburg, IL

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RE/MAX Suburban

Address: 2311 W. Schaumburg Road, Schaumburg, IL, 60194

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