Here's the things you will need to know if you are planning on selling. So how is the 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 homes are for sale in Schaumburg? This is called 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 month was in July 2019. And July 2019 showed the highest average sales price for the year also.
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' and you on your way to your new location.
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.