The tug-of-war between rising National home sales and shrinking inventory is escalating and the pressure is showing in home sale statistics for January. The month topped all other January's in our report's nine-year history with the most sales, highest sales prices and fewest days on the market. It was quite a start for 2017!
Here's the scoop:
1. Home sales increased
2. Sales prices rose
3. Homes selling faster
4. It's still a seller's market
If you are thinking of selling your home here in the Schaumburg Area, please feel free to call me so I can update you on what is going on locally in your own subdivision. Every month I publish a local report on our sales & activity so you can keep up to date. It's a sellers market here currently & we are hoping that the Spring Market will be terrific.
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