Schaumburg Homes - What's available for sale?

By
Real Estate Agent with RE/MAX Suburban
https://activerain.com/droplet/W8y

People always ask me “Lyn, how many homes are selling?”   Well, that seems to make a difference is what areaschaumburg IL real estate,schaumburg homes,schaumburg townhomes or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different!  Each housing type is different too. 

Here’s what I can tell you about the overall Schaumburg real estate market:

Single Family Homes -  Schaumburg averages 24 home sales a month.  Inventory is down substantially from previous years.  The percentage of homes going under contract each month is 20 to 24%. Average Sold Price was $258,938 for the 1st quarter of 2013.

Multi-Family Homes - Schaumburg averages 53 sales per month. Inventory is down just like single family homes. The percentage of homes going under contract each month is 14 to 37% which is substantially higher than single family. Average sold price was $103,514 for the 1st quarter.



Schaumburg homes,Looking for a home in Schaumburg?   This is a great time to get your first home, move to a smaller home, or move to a larger home. Interest rates are extremely affordable and many different programs are available depending on your down payment. 
 
These are the current market numbers and availability for housing types in Schaumburg.  Lots of great selections and some 'handyman specials' are available for buyers trying to get 'instant equity' in the market by doing the work themselves!
 
schaumburg homes,schaumburg IL real estate,To search for homes currently available in Schaumburg, please go directly to my site to get started.     Homes     Townhomes/Condos

 
Other interesting articles for sellers or buyers are also available at www.LynSims.net to make you market 'savvy' before you start your home search!

 

Northwest Suburbs Market Report - April 2013

 

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lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
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Illinois Cook County Schaumburg
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schaumburg il real estate

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Rainer
405,683
Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

That's a pretty busy market. I'm glad you still have time for blogging! :) Keep on keeping on!

May 22, 2013 07:52 AM #1
Rainmaker
3,249,466
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Lyn

Your real estate market update for Schaumburg Illinois shows a busy real estate market.

Good luck and success.

Lou Ludwig

 

May 22, 2013 09:21 AM #2
Rainmaker
2,295,937
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

You demonstrate you market very well, buyers and sellers in your market will be smart to have you represent them.

May 22, 2013 07:19 PM #3
Rainmaker
1,574,919
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Lou & Joe:  Yes, busy as the graph indicates. Many multiple offers & it's pretty tough for buyers.

Brad:  In between showings, there's time.

May 22, 2013 10:21 PM #4
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Rainmaker
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Lyn Sims

Schaumburg IL Real Estate
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