July 31, 2013 Real Estate Performance Review for Schaumburg Announced by John Herman Team

Share Article

The John Herman team is pleased to announce the latest real estate performance review results for Schaumburg for the year ending July 31, 2013. The real estate performance review for homes in Schaumburg shows an increase in the number of closed sales and the median sales price for both attached and detached homes sold in this community.

Deals on Illinois homes

Deals on Illinois homes

The number of closed sales for attached homes rose from 525 closed sales for the year ending July 31, 2012 to 709 closed sales for the year ending July 31, 2013.

The John Herman team is pleased to announce the latest real estate performance review results for Schaumburg for the year ending July 31, 2013. The real estate performance review for homes in Schaumburg shows an increase in the number of closed sales and the median sales price for both attached and detached homes sold in this community.

The number of closed sales for attached homes rose from 525 closed sales for the year ending July 31, 2012 to 709 closed sales for the year ending July 31, 2013, and the number of closed sale for detached homes increased from 332 closed sales for the year ending July 31, 2012 to 395 closed sales for the year ending July 31, 2013. There was also an increase on the median sales price for both attached and detached homes in Schaumburg. The median sales price for attached homes rose from $100,000 for the year ending July 31, 2012 to $103,000 for the year ending July 31, 2013, and the median sales price for detached homes increase from $230,00 for the year ending July 31, 2012 to $250,000 for the year ending July 31, 2013.

The Illinois real estate review revealed a decrease in the number of homes for sale in Schaumburg. The number of attached homes for sale dropped from 401 homes for the year ending July 31, 2012 to 237 homes for the year ending July 31, 2013, and the number of detached homes fell from 199 homes for the year ending July 31, 2012 to 136 homes for the year ending July 31, 2013. The review also showed mixed results for the number of new listings for attached and detached homes for sale. The number of new listings for attached homes decreased from 987 new listings for the year ending July 31, 2012 to 943 new listings for the year ending July 31, 2013, whereas the number of new listings for detached home increased slightly going from 596 new listings for the year ending July 31, 2012 to 612 new listings for the year ending July 31, 2013.

The year also showed a decrease in the month’s supply of inventory for Schaumburg homes for sale. The month’s supply of inventory for attached homes dropped from 10.7 homes for the year ending July 31, 2012 to 4.3 homes for the year ending July 31, 2013, and the month’s supply of inventory for detached homes fell from 8.4 homes for the year ending July 31, 2012 to 4.1 homes for the year ending July 31, 2013. The year did show some improvement in the market time for homes sold in Schaumburg, as the number of days homes remained on the market decreased. The market time for attached homes fell from 170 days for the year ending July 31, 2012 to 114 days for the year ending July 31, 2013, and the market time for detached homes declined from 145 days for the year ending July 31, 2012 to 114 days for the year ending July 31, 2013.

About John Herman:

John Herman,Hometown is considered the Best Barrington real estate broker , who serves the entire city of Barrington and its surrounding areas. He has more than twelve years of experience in the local real estate market and is dedicated to providing his clients with exceptional services that assist them in obtaining the right home, for the right price. He holds a Master’s Degree, as well as, an Accredited Buyer Representative Certification, a Short Sale Foreclosure Resource Certification, and is an Equator Short Sale Certified Platinum Member. His decade long commitment to providing each customer with individualized and prompt customer services has earned him the Five Star Professional Award for the past three years. In fact, his customer service ratings were so high, that John Herman has been ranked among the top 2% of real estate agents in the Greater Chicago Area. This distinguished honor speaks volumes about his strong commitment to his clients and his dedication to providing optimal services.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Herman
Deals On Homes
+1 (847) 847-4711
Email >
@JohnHermanAgent
since: 12/2010
Follow >
DealsOnHomes
since: 07/2012
Like >
Follow us on
Visit website