naperville housing report: Naperville IL Home sales up 8.8% in 2016!
- 01/11/17 02:45 PM
Illinois' family friendly and list maker Naperville, IL ended 2016 with an increase of 8.8% in single family home sales over 2015!. It had 1,927 closed home sales in 2016 vs. 1,771 in 2015! A favorite city for families across the nation it continues to attract buyers that are affluent and enjoy the amenities of a big city without being in downtown Chicago.
Althought the median sales price of single family home stayed at $410,000, the average home price did increase by 1.2% to $450,633 from 2015"s $445,302!
Currently there are 203 homes available under $500K and another 300 over $501,000! It currently (0 comments)
naperville housing report: How Long Will it Take to Sell a Million Plus Home in Naperville?
- 01/13/15 06:29 AM
Luxury real estate is a "niche" that garners a total different mindset. From high end fixtures, custom architecture and one of a kind amenities, homes in the Million plus category are hard to describe and the buyer pool is even smaller than the average home even in Naperville, IL where they have a larger presence.
In 2014 there were 33 closed transactions where the final purchase price was a Million or more. Three of those were new construction so they will not be used to determine the average market time to sell a million plus home. Using actual market time (0 comments)
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.