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Real Estate In Schaumburg is a sellers’ market with low inventory of homes in Schaumburg

Author: John Herman
by John Herman
Posted: May 22, 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 3.8 months supply of inventory on the market in Schaumburg on May 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Schaumburg last month was 27 days.

It took on average 28 days to sell Schaumburg Condo, Townhouse or a Duplex.

The number of home sales in Schaumburg from April 1, 2018 through April 30, 2018 was 117 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 $127/Sq.Ft, which is 8% a decline from last month.

In Schaumburg there were 21 units sold in April in the price range between $88,000 – $157,033 with an average of 1.7 bedrooms and 1.3 bathrooms and average Square footage of 1,019SF.

In Schaumburg there were 86 units sold in April in the price range between $157,034 – $378,082 with an average of 2.6 bedrooms and 1.8 bathrooms and average Square footage of 1,483SF.

In Schaumburg there were 10 units sold in April in the price range between $378,083 – $530,100 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 2,427SF.

The low price range had the most activity. Homes up to $157,033 were on the market on average 40 days and sold an average of $132,416.

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!

Move right into this beautifully remodeled ranch townhouse! New wood laminate floors in living room, dining room, and kitchen. Recently upgraded kitchen features breakfast bar, white cabinets, stainless steel appliances, granite countertops, custom backsplash, pantry. Open living room with brick fireplace and patio access. Separate dining room. Remodeled spacious master suite with newer carpeting, walk in closet. Second bedroom features two closets, large hall bathroom. Newer front loader washer and dryer in laundry room. Attached garage parking plus additional guest spots available. Walk to playground, pool, clubhouse. Maintenance free living, HOA covers exterior maintenance, landscape, snow removal. Newer roof. On-site management. Pet friendly neighborhood. Rentals allowed, no rental cap. Located near all the conveniences of Barrington Rd including Mariano's, Target, Restaurants, Golf Rd & I-90.

About the Author

Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.

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Author: John Herman

John Herman

Member since: Oct 11, 2017
Published articles: 130

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