Schaumburg Condo's - Market Update 11/30/2007

By
Real Estate Agent with Suburban House Hunters Team (CSI, Inc.)
While the estimated inventory has gone up to 17 months based on the number of closings over the past 3 months you can see there is a large increase in condos that are under contract. This is a very good sign that the amount of inventory will be reduced over the next couple of months. If this trend continues you will see homes selling faster and for higher prices. 
  • Currently on the Market: 122
  • Currently Under Contract: 43  
  • Closed in the last 90 Days: 21
  • Est. Inventory: 11 Months
  • Lowest Price: $89,500 (Studio)
  • Highest Price: $399,000

Last Market Update: 12/12/0610/04/0609/05/06, 07/23/06 

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

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