Real Estate Consumer Info.com

head_left_image

Lyn Sims Schaumburg IL Multi familyhomes, Townhomes, Manor Homes, Northwest Chicago Suburbs

Northwest Chicago Suburbs Schaumburg IL, Multi family homes, Townhomes, Manor Homes, October 2007

There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Schaumburg IL area.  Sellers are hot to compete and make their home standout above their competition.  This is a great time to get your first home or move to a smaller home.  Prices have held from 4 to 5% of listing price over the last few months.

Here is a chart of ACTIVE Multi-family Homes in Schaumburg with the MARKET TIMES posted as "Average Days on the Market". 

There are currently 398 homes in various styles and types available with the Average Market Time of 114 days.  The median price is $217,278 and the highest price is a whopping $729,900. 

Call Lyn Sims for more information & to start looking for your new homr or sell your current home!
  
Active Listings for Sale in Schaumburg IL                                                                10/8/2007
List Price Range# ListingsAvg. Days on Mkt
Less than $149,99943131
$150,000 - $199,999162117
$200,000 - $249,999122104
$250,000 - $299,99936103
$300,000 - $349,99912124
$350,000 - $399,9998103
$400,000 - $449,999691
$450,000 - $499,9992330
$500,000 - $549,999188
$550,000 - $599,9995149
$700,000 - $799,9991211
  
Active Listings Summary
# UnitsAvg. MTMedian List PriceAvg. List PriceMax. List PriceMin. List PriceTotal Volume
398114$199,900$217,278$729,900$98,000$86,476,494

As you can see the average bracket of pricing for the area is between $150,000 to $249,900 which makes Schaumburg a great affordable area.  To search for homes currently available in the Schaumburg IL area, please go directly to my website at www.LynSims.net.

If you are looking to find or sell a home in the Schaumburg IL area, please feel free to contact Lyn Sims of RE/MAX Suburban at 847-985-7050 or 800-637-9345.  I can provide you with information on many of the areas communities.

I need more help on finding or selling a home, please contact me!

Lyn Sims, Schaumburg Area Homes,Schaumburg IL real estate

 

 

Lyn Sims


Lyn's Disclaimer   LinkedIn  Facebook   Twitter  RSS Feed    Search for Homes!      Send Lyn an Email!   
    © 2010 Lyn Sims

Go to Lyn's website
       Lyn Sims Blog

2 commentsLyn Sims - Northwest Suburbs • October 11 2007 10:32AM

Comments

This is pretty interesting.  I moved my family across the border to WI from IL 3 years ago, but am familiar with your market area.  In my youth I graduated from Schaumburg, IL.  I am really surprised to see this $150-249,000 price point.  Is this for a 3 bedroom/2 bath single family home?  

 

Rebecca D. Levinson- Connect2Agent 

Posted by Rebecca Levinson over 2 years ago

No that is for the MULTI Family section of the report, I did 2 for the area. Condo conversions now start at that price for a 1BR or a 2BR 1BA base or with minimal upgrades. I bet you would be surprised at all the new conversions in the area now actually within the last year!

 

Posted by Lyn Sims - Northwest Suburbs (Schaumburg Homes - RE/MAX Suburban) over 2 years ago

Participate



(optional)
What does the graphic say?