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Schaumburg Homes - Market Update for March 2009

Well lately we’ve heard some media buzz that improvement is happening in the Schaumburg Illinois Real Estate Market and I just wanted to letSchaumburg homes you know that YES – it’s true!

 

So for the month of March 2009 .............. we’ve had 19 properties close – YIPEE. 

 

Of all the closings 16 were below the $330,000 price and only 3 were above.  This is basically showing us that obviously the first time buyers are spurring along the market.  Also for those wondering, only 5 were marked foreclosures and 2 were marked short sales.  Our MLS allows us to differentiate these from regular closings.  The lowest sales price was $165,000 which is a great deal for a 3BR home in Schaumburg!

 

Now with the pending sales during March 2009 – 27 homes went under contract and all are below the $445,000 list price.  So again we see that nothing is really happening yet in the upper price brackets for March.

 

There are currently 54 homes for sale below $300,000 available in Schaumburg. 

 Schaumburg Illinois





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     Lyn Sims (847)230-7324 at RE/MAX Suburban





I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.



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3 commentsLyn Sims - Northwest Suburbs • April 08 2009 07:20PM