Comparison of July and October Naperville Real Estate Stats

Real Estate Agent with BAIRD & WARNER, NAPERVILLE

Naperville Single Family Stats Compared-July and October, 2008


October, 2008

# Units Avg.   MT Avg.    List Price

    1016         237          $714,068



July, 2008

# Units Avg.   MT Avg.     List Price

    1356           191         $680,191


From the above charts we can notice several things.

1) The number of homes on the market has decreased.

2) The Average Market Time has increased to almost 8 months.

3) The Average List Price has increased.



# Sold   Avg LP Sold   Avg SP       SP:LP Ratio   Avg MT

720        $515,447    $490,300     95%             137

And, yet there's a big difference between the average list price and the final sales price. And, notice that only about half the market has closed within the past six months.


Comments (1)

Corey Davenport
Corey Davenport Real Estate Services - Champaign, IL

REALTOR Corey DavenportEileen,

You and I have an opportunity to do each other a favor; we are both in the same business with the same interest and have clients who come and go--possibly from central Illinois to your area and vice-versa.

While, we can't control who is moving, or where they are going to live next, I sure would like it if there were someone out there in the real estate business, in your area, with whom I could build a working relationship with.

That way if a seller is moving to your area, I could recommend you. Also, I could recommend you if my buyer had to sell in your area prior to buying a home here. And, of course, you could do the same for me if your people had business in my area.

If this sounds like a fair trade, go ahead and add me as an associate in your contact book. I should mention that I pay brokers 30% for all closed referrals to Central Illinois.

Central Illinois is Home to Caterpillar, Kraft Food, Carle Hospital, Decatur Memorial Hospital, University of Illinois, Millikin University, Archer Daniels Midland and so much more.

You can visit me online at

Jan 03, 2009 02:23 AM