Schaumburg IL Real Estate Outlook – Nov. 10th

Blue Flowers in Schaumburg IL (photo courtesy of boliyou on flickr.com)

For the week ending November 10th, the Schaumburg IL real estate outlook is still considered the perfect buyer’s market.  The average listing price in Schaumburg IL is $242,960 which is up 0.5% or $1,165 compared to the prior week. 

The median sales price is $193,000 and is down from the same period last year 10.2% or $22,000.  Currently there are 534 Schaumburg IL homes for sale with 344 of those homes for sale are in some step of the foreclosure process. 

Home sales decreased 2% despite a 17.3% drop in average price per square foot for Schaumburg IL homes. 

Joe Stacy, a Schaumburg IL realtor, can help new Schaumburg IL home buyers find their perfect home.  Joe Stacy can be reached at (847) 874-6731 or by email.