Schaumburg IL Area Real Estate Market Update - January 2017

By
Real Estate Agent with RE/MAX Suburban
https://activerain.com/droplet/4ZCb

This is the place to get those Northwest Suburban real estate questions answered all right!

northwest suburbs near schaumburgWhat are Prices Doing?  Average sales prices are relatively stagnant compared to other areas of the country. Still just plunking along in the Midwest. Average Days on the Market pretty much stayed the same into January.

With our decreased amount of inventory for January we are definately in a sellers market based on our statistics. Inventory has decreased 19% from 2016. With this low inventory the market should turn toward sellers with price increases this coming spring market. But will it happen? Stay tuned .....

How about some Down Payment Help?   There are many great down payment assistance programs available that I can get you through my valued mortgage partners. Check them out or pass this along and share with someone who might need this kind of help. Some of these programs offer 1% to 5% help based on your criteria. This is really great help (blessing) that is not offered often!

Average Home Prices in Illinois have increased statewide to $184,000 for 2016.

 

northwest suburbs near schaumburg

 

northwest suburbs near schaumburg

 




northwest suburbs near schaumburgLooking for an agent that's a true market expert?  I can zero in to your specific neighborhood and give you the current market details so you can make an informed decision and help your home sell faster and for more money.

My experience plays an important role. I'm one of those unique people that will tell you how the market really is explaining both the good with the bad.

Looking for a home in the surrounding Schaumburg area? Please give me a call or email me to talk about the possibilities. Let me update you with current market strategies to get you into that new home.


December 2016 Report
Sources:  MRED January Stats 2017

 

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lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
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Lyn Sims

Schaumburg Real Estate
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