Naperville IL - Price Appreciation 9.2% Over April, 2017!

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355

Although it's hard to believe but Naperville, IL had the same amount of closed sales in April, 2018 that it had in April, 2017 - 164!  The good news is that price appreciation went up a 9.2%!  Days on market increased by 1 day to a total of 109 this year vs. 108 in 2017.

NapervilleMemorial

Current inventory levels are at 639 Total Active Listings!  The breakdown is as follows:

 

New:  73

Reactivated - 8

Price Changes - 63

 

Listings currently under contract:  423  - Of these listings 15 are $1M and over!

Pending:  42 - Should close in the next 30 days or less

 

Year to Date 2018 - 422

Year to Date 2017 - 500

 

The amount of new listings is very interesting.  Are seller's ready to move up or down?  Despite these numbers YTD Naperville is off by 78 closed transactions compared to 2017!  Will they be able to make it up during the spring/summer selling season remains to be seen!

 

 

Posted by

Evelyn Santiago

Managing Broker - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Rainmaker
1,381,885
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Local insight from an area expert is always appreciated. Thank you!

May 20, 2018 11:05 AM #1
Rainmaker
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Evelyn, It sounds like the real estate market in Naperville is quite robust. Thanks for sharing.

May 20, 2018 11:07 AM #2
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Rainmaker
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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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