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 has 6.4 months of inventory - which is much higher than neighboring towns. This allows home buyers to have plenty of choices to pick from!
Currently there are 78 homes priced at $1 million or more! For those that deserve the best and want the best but still want to be close to their jobs you can buy the 6 bedroom 7.3 bath home with over 10,000 sq. ft. at a mere $7,595,000! which is currently the highest priced home in Naperville!
Close to major transportation via I-88/I-55/I-355 and two Metra train stops, plus high rated schools and a thriving downtown with new restaurants and stores opening on a monthly basis, its a great place to raise a family, downsize, upsize and every where in between!
Ready to take the plunge and by your Naperville, IL home? Give me a call and let's start today!
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