Naperville IL Luxury Market 2022

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

Naperville, IL appears nationwide  as one of the top cities to raise a family by Money, Niche, livability and other publications and websites.  With a flourishing downtown, strong tax base, top restaurants and a variety of housing stock this town of less than 150,000 people draws homeowners with a median home price of $605K as of August, 2022.

For the intents of this review/analysis "luxury real estate" will be homes priced $1 Million and up.   Currently there are 66 single family homes available from $1M to $6.5M.  Two of these listings have been on the market 7 days or less.

The lowest priced home currently is a "new construction" home with 5 bedrooms, 4.1 baths, 3 car garage with aprx. 3,440 square feet.  The home will include a full unfinished basement.  Great one if you want to put your own personal touches and design ideas, pick out finishes, etc.  Completion slated for June, 2023.

The highest  priced home at $6.5 Million has 7 bedrooms, 8.1 bathrooms, 12 fireplaces, 2 fire pits, an outdoor kitchen, elevator, 5 verandas, trattoria, caterer's kitchen and lots of other features.  Entire property is fenced on  2.5 acres - 4 car garage, finished basement and illuminated pathways with both an inground pool and hot tub!   With approximately 14,668 square feet, there is plenty of room for everyone!

Currently year-to-date there have been 101 homes sold this year!  There were 20 homes in this price range sold in August, 2022.  There were 11 homes that sold at list or more than list more.

If you happen to be looking for a home in the Million Dollar price and up in Naperville you have plenty of choices and feel free to give me  a call and get you started on your luxury home search!

Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

Sep 24, 2022 03:12 AM