Well lately
we’ve heard some media buzz that improvement is happening in
the Schaumburg Illinois
Real Estate Market and I just wanted to let
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.

Looking for
a great home in a great area?
Want
to
see some homes?

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.
Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.
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