Schaumburg Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Schaumburg home sales for the month of February rose in volume by 10.8% when compared to last year, while the median sale price decreased by 1.2% from $192,000 to $189,750. The number of Single Family homes sales decreased by 4.8%, while the median sale price decreased by 13.2% from $350,000 to $303,750. Condo/townhome sales rose by 18.2%, while the median sale price rose by 5.9% from $162,000 to $171,500.

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Median Sale Prices for Schaumburg

193k
215k
215k
192k
203k
215k
227k
205k
217k
216k
192k
197k
226k
205k
205k
189k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Schaumburg

96
62
49
65
98
119
139
133
130
141
114
108
76
85
84
72
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Schaumburg

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 65 72 +10.8% 122 160 +31.1%
(Single Family) 21 20 -4.8% 39 55 +41%
(Condos/Townhomes) 44 52 +18.2% 83 105 +26.5%
Median Sale Price $192,000 $189,750 -1.2% $194,000 $197,000 +1.5%
(Single Family) $350,000 $303,750 -13.2% $330,000 $297,000 -10%
(Condos/Townhomes) $162,000 $171,500 +5.9% $169,000 $165,000 -2.4%
Days on Market 23 40 +73.9% 22 33 +47.7%
(Single Family) 69 62 -10.9% 58 46 -20.7%
(Condos/Townhomes) 18 33 +85.7% 18 26 +44.4%

HomesByMarco has sold 44 homes in Schaumburg

Thinking of selling your home in Schaumburg? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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