Here's the things you will need to know if you are planning on selling in 2020. So how is the real estate market doing currently in Schaumburg? Here's a few graphs to help give you 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, going up or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
How many other homes are for sale in Schaumburg?
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. Surprisingly for Schaumburg, the highest listing months were in March & May 2019.
The graph displays the average of ALL sales across the board for the year. For Schaumburg, July showed the highest sales price for the year.
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. Some homes sell quickly while others take longer to sell.
If you are researching this update to sell your Schaumburg home, please contact me to discuss the advantages of my marketing program putting your home front & center. Let's get your home 'SOLD'.
If you are thinking of buying a home in Schaumburg, 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.