Naperville Real Estate Market Update September 2018


Real Estate In Naperville is a balanced market favoring buyers. There is significant amount of homes for sale in Naperville, and buyers are not in a rush to buy yet. There is a 6.43 months supply of inventory on the market in Naperville on September 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Naperville last month was 40 days.
It took on average 21 days to sell Naperville Condo, Townhouse or a Duplex.
The number of home sales in Naperville from August 1, 2018 through August 31, 2018 was 241 units. That is 1% above the number of homes sold last month in Naperville.

The average price per square foot in the area is now $143/Sq.Ft, which is 0% an increase from last month.



In Naperville there were 54 units sold in August in the price range between $75,000 – $240,507 with an average of 2.2 bedrooms and 1.7 bathrooms and average Square footage of 1,238SF.

In Naperville there were 177 units sold in August in the price range between $240,508 – $853,006 with an average of 3.8 bedrooms and 2.6 bathrooms and average Square footage of 2,696SF.

In Naperville there were 10 units sold in August in the price range between $853,007 – $1,300,000 with an average of 5 bedrooms and 4.3 bathrooms and average Square footage of 4,428SF.

The low price range had the most activity. Homes up to $240,507 were on the market on average 19 days and sold an average of $176,954.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Naperville. Search all Naperville homes for Sale on propertyup.com If you are considering viewing Naperville, you may want to do so now!

Naperville
Jul 1, 2018 – Jul 31, 2018
Aug 1, 2018 – Aug 31, 2018
Month
July
August
Average Listing Price
$1,019,450
$537,707
Median Sales Price
Any
$406,013
Month supply of inventory
24
6.4
Market Time Detached
0 days
40 days
Market Time Attached
0 days
21 days
Inventory
2 properties
1521 properties
Low price range
Any – Any
$75,000 – $240,507
Low price range market time
0 days
19 days
Low price range units sold
0
54
Low price range bedrooms
0
2.2
Low price range bathrooms
0
1.7
Low price range approx sqft
0 SF
1,238 SF
Mid price range
$1 – $-1
$240,508 – $853,006
Mid price range market time
0 days
39 days
Mid price range units sold
0
177
Mid price range bedrooms
0
3.8
Mid price range bathrooms
0
2.6
Mid price range approx sqft
0 SF
2,696 SF
High price range
Any – Any
$853,007 – $1,300,000
High price range market time
0 days
38 days
High price range units sold
0
10
High price range bedrooms
0
5
High price range bathrooms
0
4.3
High price range approxsqft
0 SF
4,428 SF

The post Naperville Real Estate Market Update September 2018 appeared first on Real Estate Vibe - Property Up.



source http://realestatevibe.com/naperville-real-estate-market-update-September-2018/

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