Schaumburg Real Estate Market Update July 2018

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Schaumburg Real Estate Market Update July 2018
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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.
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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.
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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.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant 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!
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• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010