Schaumburg - Single Family market update

Real Estate Agent with Suburban House Hunters Team (CSI, Inc.)
The single family market in Schaumburg, IL has slowed in the last few months. There has been a 4 month increase in inventory in just the last month. The main reason for this is a very large decrease in closed homes over the last 90 days. This was expected as in last months update there was a very large decrease in homes under contract.  
  • Currently on the Market: 236
  • Currently Under Contract: 33  
  • Closed in the last 90 Days: 49  **Down from 74, this is a very large reduction**
  • Est. Inventory: 14 Months
  • Lowest Price: $259,000
  • Highest Price: $1,250,000

Past Market Updates: 09/05/06, 07/23/06 

Visit Suburban House Hunters for more information about Schaumburg Real Estate including a free mls search that includes all homes on the market.

Comments (2)

John Marlow
Foxhall Investments - Chevy Chase, MD
John Marlow
Oct 04, 2006 06:02 PM
Star Smith
Suburban House Hunters Team (CSI, Inc.) - Schaumburg, IL
Glad you liked it.
Oct 06, 2006 04:31 AM