While the estimated inventory hasn't gone up (still 11 months) there has been a large drop in the number of condos under contract. This will mean less closings over the next 2 months and an increase in teh months of inventory. We will watch this as it could be a sign of a slowing market.  Compared to last month things still look very good for the condo market in Schaumburg.Currently on the Market: 92 Currently Under Contract: 13  Closed in the last 90 Days: 25 Est. Inventory: 11 Months Lowest Price: $95,500 (Studio)Highest Price: $272,900Last Market Update: 10/04/06, 09/05/06, 07/23/06 Visit Suburban House Hunters for more information about Schaumburg Condos including a free mls search that includes all condos on the market. 12/12/2006

The market has continued to slow a little over the past 2 months and we are now up to a 15 month inventory. The next month or two will remain slow, but the spring market should help clear out some of the inventory.   Currently on the Market: 193 Currently Under Contract: 25   Closed in the last 90 Days: 38  Est. Inventory: 15 Months Lowest Price: $262,500 Highest Price: $1,199,000Past Market Updates: 10/04/06, 09/05/06, 07/23/06 Visit Suburban House Hunters for more information about Schaumburg Real Estate including a free mls search that includes all homes on the market. 12/12/2006

Here is a quick overview of the condo market in Schaumburg, IL. There are currently 3 months more inventory on the market now then one month ago. This is do to a slow down in closings, not increased inventory. There is actually less condos on the market today than one month ago.  Compared to last month things still look very good for the condo market in Schaumburg.Currently on the Market: 107 Currently Under Contract: 31 Closed in the last 90 Days: 29 Est. Inventory: 11 Months Lowest Price: $95,500 (Studio)Highest Price: $272,900Last Market Update: 09/05/06, 07/23/06 Visit Suburban House Hunters for more information about Schaumburg Condos including a free mls search that includes all condos on the market. 10/03/2006

Here is a quick overview of the condo market in Schaumburg, IL. There currently is a heathly level of condos on the market. Compared to last month things still look very good for the condo market in Schaumburg.Currently on the Market: 111 Currently Under Contract: 22 Closed in the last 90 Days: 41 Est. Inventory: 8 Months Lowest Price: $103,900 Highest Price: $274,900Visit Suburban House Hunters for more information about Schaumburg Condos including a free mls search that includes all condos onthe market. 09/05/2006

Here is a quick overview of the single family market in Schaumburg, IL. There current market for single family homes is now over a years worth of inventory. If the inventory becomes larger we might start to see a true buyers market.Currently on the Market: 248 Currently Under Contract: 65 Closed in the last 90 Days: 55 Est. Inventory: 13 Months Lowest Price: $247,900 Highest Price: $924,900Visit Suburban House Hunters for more information about Schaumburg Real Estate including a free mls search that includes all condos onthe market. 07/23/2006