How's the first quarter 2018 for real estate in Schaumburg?
The things that you will need to know if you are planning on selling is how is the market doing currently in Schaumburg. Here's a few graphs to help you get an idea.
What is the percentage of homes that are going under contract each month in Schaumburg?
This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
What is Schaumburg's inventory level?
This is told in the months of inventory level. The lower the level of homes on the market the better the market is for a seller. Currently we have been in a sellers market for quite some time. Inventory fluctuates per month and is usually the highest in the spring months.
What are the average home prices in Schaumburg?
This is the average of ALL sales across the board for each month. This gives you an idea of what is the most popular price range. In the past, lower average prices means that 1st time home buyers are pushing the market forward.
How many days does it take for an average home in Schaumburg to sell?
This tells you exactly how long a home sale took from 1st day on market to contract acceptance. I think that many people will be shocked to see the higher numbers as we have been told by the 'talking heads' in the media that homes are flying off the market. That's not the truth is it for our area. Could be for parts of California & Colorado though which we could care less about.
If you are researching this update to possibly sell your Schaumburg home, please contact me to discuss the advantages of my marketing program and getting your home 'SOLD'.
If you are thinking of buying a Schaumburg home, I can act as your advocate for your purchase. An experienced veteran, like myself, can advise a strategy and help you take advantage of current buying trends. Contact me here.