Schaumburg Real Estate Market 2019 - What happened?

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Real Estate Agent with RE/MAX Suburban
https://activerain.com/droplet/5lP8

schaumburg housing market

 

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.

schaumburg housing marketWhat 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 theschaumburg housing market 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.

 schaumburg real estate market

 
How many days does it take for an average home in Schaumburg to sell?schaumburg housing prices

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.

 

schaumburg housing marketIf 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. 

 

 

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lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
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Rainmaker
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Laura Filip
Laura Filip Broker , Opening doors for All Seasons of Life - Whitesboro, TX
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Thank you for sharing the market report, very good information. The layout is great and very readable. Have a great night. 

Jan 01, 2020 04:06 PM #1
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Lyn. If you are thinking of buying or selling in Schaumburg you would be wise to have Lyn Sims as your guide. Enjoy your day!

Jan 02, 2020 05:27 AM #2
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Rainmaker
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Lyn Sims

Schaumburg IL Real Estate
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