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Schaumburg Real Estate Market Update July 2018

Real Estate In Schaumburg is a sellers’ market with low inventory of homes in Schaumburg and a lot of buyer interest. There is a 4.61 months supply of inventory on the market in Schaumburg on July 31, 2018.<br><br>Now is the Time to Sell!<br><br>The average market time for a Single Family Homes to sell in Schaumburg last month was 32 days.<br>It took on average 20 days to sell Schaumburg Condo, Townhouse or a Duplex.<br>The number of home sales in Schaumburg from June 1, 2018 through June 30, 2018 was 131 units. That is 1% above the number of homes sold last month in Schaumburg.<br><br>The average price per square foot in the area is now $145/Sq.Ft, which is 30% a decline from last month.

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Schaumburg Real Estate Market Update July 2018

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  1. Schaumburg Real Estate Market Update July 2018

  2. Real Estate In Schaumburg is a sellers’ market with low inventory of homes in Schaumburg and a lot of buyer interest. There is a 4.61 months supply of inventory on the market in Schaumburg on July 31, 2018.

  3. Now is the Time to Sell! The average market time for a Single Family Homes to sell in Schaumburg last month was 32 days.It took on average 20 days to sell Schaumburg Condo, Townhouse or a Duplex.The number of home sales in Schaumburg from June 1, 2018 through June 30, 2018 was 131 units. That is 1% above the number of homes sold last month in Schaumburg. The average price per square foot in the area is now $145/Sq.Ft, which is 30% a decline from last month.

  4. In Schaumburg there were 38 units sold in June in the price range between $100,000 – $175,404 with an average of 1.9 bedrooms and 1.3 bathrooms and average Square footage of 1,068SF. In Schaumburg there were 87 units sold in June in the price range between $175,405 – $468,158 with an average of 2.9 bedrooms and 2 bathrooms and average Square footage of 1,657SF. In Schaumburg there were 6 units sold in June in the price range between $468,159 – $685,511 with an average of 4.3 bedrooms and 2.8 bathrooms and average Square footage of 3,160SF. The low price range had the most activity. Homes up to $175,404 were on the market on average 26 days and sold an average of $148,603.

  5. If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Schaumburg. Search all Schaumburg homes for Sale on propertyup.com If you are considering viewing Schaumburg, you may want to do so now!

  6. John Herman PropertyUp Inc. Call847-847-4711 • 18-5 E Dundee Rd, Suite 200 • Barrington, IL 60010

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