The charts below show the strength of Naperville's attached housing market. Not just on the lower end but Naperville's Luxury Condo & Townhome market too. As is typical in a softer marketplace... the total # of units are down, while the average price has risen considerably. During 2006 There were three luxury condos that were sold for over $1,000,000, all in the 520 S Washington Building on Naperville's famous Riverwalk. 2007 promises another strong showing with the opening of the Benton Place Condominiums
Despite the decrease in units sold... there has been another vibrant sector of the market and that is the condo conversions that have taken Naperville by storm. Throughout the city we are seeing successful, large scale conversions taking place.
The First 11 Months of 2005
TOTAL LISTINGS AVERAGE DAYS ON MARKET MEDIAN PRICE AVERAGE PRICE HIGHEST PRICE LOWEST PRICETOTAL DOLLAR VOLUME
| 962 | 58 | $194,000 | $215,947 | $785,000 | $90,000 | $207,741,081 |
The First 11 Months of 2006
TOTAL LISTINGS AVERAGE DAYS ON MARKET MEDIAN PRICE AVERAGE PRICE HIGHEST PRICE LOWEST PRICETOTAL DOLLAR VOLUME
| 821 | 59 | $214,700 | $254,691 | $1,850,000 | $100,000 | $209,101,406 |