Schaumburg Real Estate Market Update September 2018

BARRINGTON, Ill. - Sept. 30, 2018 - PRLog -- Real Estate In Schaumburg (https://propertyup.com/realestate/schaumburg,illinois) is a sellers' market with low inventory of homes in Schaumburg (https://propertyup.com/sale/house-schaumburg,illinois) and a lot of buyer interest. There is a 4.42 months supply of inventory on the market in Schaumburg (https://propertyup.com/sale/schaumburg,illinois) on September 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Schaumburg (https://propertyup.com/sale/house-schaumburg,illinois) last month was 22 days.
It took on average 22 days to sell Schaumburg Condo (https://propertyup.com/sale/condos-schaumburg,illinois), Townhouse or a Duplex.
The number of home sales in Schaumburg from August 1, 2018 through August 31, 2018 was 127 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 $137/Sq.Ft, which is 0% an increase from last month.

In Schaumburg there were 26 units sold in August in the price range between $78,000 – $159,961 with an average of 1.8 bedrooms and 1.2 bathrooms and average Square footage of 1,051SF.

In Schaumburg there were 100 units sold in August in the price range between $159,962 – $480,960 with an average of 2.9 bedrooms and 2 bathrooms and average Square footage of 1,668SF.

In Schaumburg there were 1 units sold in August in the price range between $480,961 – $720,000 with an average of 5 bedrooms and 4.1 bathrooms and average Square footage of 4,300SF.

The low price range had the most activity. Homes up to $159,961 were on the market on average 29 days and sold an average of $134,015.

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