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365Naperville – #172 – Upcoming Performances at North Central College

North Central College’s Fine Arts Programs has a variety of events coming up in the next few weeks to suit a wide range of musical tastes. Here is a brief synopsis of some of the programs with links to click thru for details and tickets. Enjoy!

Joan Curto Sunday, February 26, 2012 @ 6:00 pm

Come listen to Naperville resident and acclaimed cabaret singer Joan Curto as she performs selections from her Great American Songbook program.

Called a “cabaret icon” by NBC news Chicago, Curto has established herself as one of the top performers in Chicago, winning the Chicago After Dark Award for Outstanding Cabaret Artist. Garnering a reputation for her thoughtful interpretations of the American Songbook, she performs regularly at venues throughout Chicago, including Harris Theater, Drury Lane, Thorne Auditorium and Maxim’s, and nationwide at New York’s Jazz at Lincoln Center and Gardenia in Los Angeles. The Chicago Tribune has praised Curto’s work, describing her as a “seasoned interpreter who makes every note count.”

The performance begins at 6 p.m. Sunday, Feb. 26, in North Central College’s Madden Theatre at the Fine Arts Center, 171 E. Chicago Ave., Naperville. Tickets are $35 and $25; call the North Central College Box Office at 630-637-SHOW (7469) or visit northcentralcollege.edu/showtix.

Béla Fleck and the Flecktones Saturday, March 3, 2012 @ 8:00 pm

Groundbreaking banjoist/composer/bandleader Béla Fleck has reconvened the original ‘Béla Fleck & The Flecktones’, the extraordinary initial line-up of his incredible combo. Rocket Science marks the first recording by the first fab four Flecktones in almost two decades.ar from being a wistful trip back in time, the album sees the Grammy Award-winning quartet creating some of the most forward thinking music of their long, storied career. While all manners of genres come into play – from classical and jazz to bluegrass and African music to electric blues and Eastern European folk dances – the result is an impossible to pigeonhole sound all their own. Simply put, it is The Flecktones, the music made only when these four individuals come together.

Venue: Wentz Concert Hall, 171 E. Chicago Ave., Naperville IL
Ticket Information:  Price Level 1 – $80, Price Level 2 – $70. A $2 per ticket convenience fee applies to online purchases.

Air Supply Sat., March 31, 2012 at 8:00 pm

 Reach back in time to the late 70′s and early 80′s when this duo out of Australia was one of the hottest selling musical acts on the planet. In 1980, “Lost in Love” became the fastest selling single in the world, leaping to the top of all of the charts. The second single was “All Out of Love,” and that went up the charts even quicker.

The trademark sound of Russell Hitchcock’s soaring tenor voice and Graham Russell’s simple yet majestic songs created a unique sound that would forever be known as Air Supply. I think I still have an Air Supply cassette in my music library.

Venue: Pfeiffer Hall, 310 E. Benton, Naperville IL
Ticket Information:

Price Level 1 – $50
Price Level 2 – $40
Price Level 3 – $25
A $2 per ticket convenience fee applies to online purchases.

Naperville Market Report January 2012

There is no doubt about it. Homes are selling in Naperville at a pace not seen in several years. inventories are coming down and it appears a level of balance is nearing in the market in terms of months supplies of inventory. All numbers below are comparing January 2012 with January 2011 as reported by Terradatum on activity in Northern Illinois Multiple Listing Service, unless identified otherwise.

Bank Owned Homes

Homes Sold more than doubled to 23 from 9 a year ago. And those Under Contract jumped to 30 from 13. As a result, Inventory of available properties dropped to 122 from 153. Months Supply of Inventory dropped to 2.6 months, down from 9.7 a year ago. Roughly 1/3 of the homes under contract in Naperville are bank owned, while 16.2% of those For Sale are bank owned.

Non-Bank Owned Homes

Homes Sold were relatively flat at 36 vs 35 a year ago. And those Under Contract jumped to 61 from 50, an increase of 22%. Inventory of available properties dropped to 633 from 752. Months Supply of Inventory dropped to 8.3 months, down from 12.3 months a year ago.

Overall, Naperville single family homes stand at 6.4 months supply: Traditionally 6 months inventory is viewed as a balanced market favoring neither buyer or  seller.

Median Pricing

Prices on Bank Owned homes Sold are down about 20% from a year ago but somewhat consistant with those of 3rd and 4th quarter of 2011. The current Median is $265,000 for sold and $284,450 for those under contract. For traditional sales, Median Sold was at $356,250 and Under Contract at $384,900, both down around 8% from same period 1 year ago. These prices are also consistant with the trend established in late 2011.

Stats as of January 27, 2012

90-day stats for Single Family properties in
NAPERVILLE, IL as of February 17, 2012
Median List Price:$439,838Average List Price:$545,938
Total Inventory:665Price per Square Foot:$159
Average Home Size:3,069Median Lot Size:11,250
Average # Beds:3.97Average # Baths:3.19
Homes Absorbed:37Newly Listed:24
Days on Market:247Average Age:24

The above statistics are for Single Family properties in Naperville. The numbers and trends can and do vary for different areas in the same town (zip code). The same information is also available for LisleAuroraPlainfield and Oswego Give us a call at 630-718-2305 or drop us an email with your request. Additionally, you may have reports emailed directly to you for the zip code area you want to explore.

365Naperville – #171 Valentines Specials

It’s almost here! Are you planning something special to celebrate with that certain someone? Here are a few ideas from some of Naperville’s merchant community. Check them out!

MESON SABIKA
1025 Aurora Avenue | Naperville, IL 60540 | 630.983.3000 | www.mesonsabika.com

Guests who make their Valentine’s dinner reservations will be entered into a drawing to win a romantic complimentary dinner for two. Winners will be surprised with the complimentary dinner upon arrival to reservation. Reservations must be made a minimum of 24 hours in advance in order to be entered into the drawing. Valid for dinner reservations only on Friday, Saturday and Sunday nights during Valentine’s Day weekend. One drawing per day.  A special Valentine’s Day menu, priced at $29.95 per person will be offerred.

LA SORELLA FIVE DAYS OF VALENTINE!
Feb. 10, 2012 – Feb. 14, 2012 

Francesca’s restaurants locations are celebrating Five Days of Valentine Friday, February 10 through Tuesday, February 14. During these five days, Francesca’s will feature a heat-shaped Pizza con Prosciutto e Rucola, arugula, lemon, olive oil, roasted plum tomatoes, mozzarella and Prosciutto di Parma, for $11.99. They will also feature the festive Ravioli Tartufati, heart-shaped pasta with a garlic Parmesan cream sauce, fresh tomatoes and a drizzle of white truffle oil for $16.99.

COLDWATER CREEK THE SPA – VALENTINES DAY GIFT CARD PROMO!
Feb. 01, 2012 – Feb. 14, 2012 

Buy a $100 gift card and receive a coupon for a complimentary enhancement up to $20.

HEART OF DOWNTOWN! Feb. 10, 2012 – Feb. 20, 2012 
website: http://www.downtownnaperville.com

You buy, local charities benefit! Purchase at the following participating businesses from Feb 10-20 and you decide where a portion of what you spend should be directed. Charities include: Little Friends, Loaves & Fishes Community Food Pantry, 360 Youth Services, Samaritan Interfaith, Naperville CARES & the Naperville Area Humane Society!

Shop at THESE businesses & MENTION Heart of Downtown for your charity to benefit. Businesses include:

  • Abyhaasa Yoga (at Jefferson & Webster)
  • Andersons Bookshop
  • Artistic Creations Salon
  • Baubles by Maclyn
  • Beidelman Furniture
  • Fitness Experts
  • Giordanos – on Main
  • Its A Bling Thing
  • La Sorella di Francesca
  • SaraBoo Creek
  • Twisted Olive
  • Two Doors East
  • Two Bostons Pet Boutique

HEAVEN ON SEVEN – VALENTINES DINNERFeb. 14, 2012 
5-10PM

Nothing says lovin’ like a hot cup of Gumbo, so bring your honey on over for our special Four Course Dinner for Two for $50 per couple plus complimentary roses for the ladies.

This is by no means a comprehensive list. If you know of others, feel free to add them in the comments! Happy Valentines Day!

Bacon Pancakes – Why Not?

Naperville Condo & Townhome Market Report – January 2012

In our post last December, we reported on mixed results for the condo and townhome market in Naperville. After looking at the January 2012 numbers, there is cause for optimism, provided the trend continues. Let’s take a quick look at the numbers* versus January 2011:

  • Bank owned properties as a % of all sold is at 27%, down from 52%
  • Months Supply of inventory (MSI) – Bank Owned at 5.2 months vs 18.5 months
  • Months Supply of inventory (MSI)  - Traditional at 7.2 months vs 29.9 months
  • Months Supply of inventory (MSI)   – Overall at 6.6 months vs 18.5 months

Remember, in balanced market (one that favors neither buyers or sellers) there is about 6 months of inventory.

  • Units Sold Bank Owned – down 4%, Under Contract – flat
  • Units Sold Traditional – up 50%, Under Contract – up 200%
  • Units Sold Overall – up 23.5%, Under Contract – up 95.7%

Finally, how about pricing? For this metric we are looking at those properties that are Under Contract as they normally reflect the most recent purchases. Prices are based on the Median.

  • Bank Owned – up 36.2%
  • Traditional – up 7.6%
  • Overall – up 27.9%

In summary, Inventories in this market segment are at what is traditionally viewed as a balance point, Units Sold and Under Contract are up significantly over a year ago, and Median Prices are up. And, as a final measure, the percentage of Bank Owned properties is down significantly.

*Numbers are taken from Terradatum and are based on closed MLS statistics.

The table below shows key measures as of January 27, 2012.

90-day stats for Condo properties in
NAPERVILLE, IL as of February 17, 2012
Median List Price:$151,415Average List Price:$187,460
Total Inventory:301Price per Square Foot:$122
Average Home Size:1,397Median Lot Size:n/a
Average # Beds:2.21Average # Baths:2.08
Homes Absorbed:17Newly Listed:11
Days on Market:247Average Age:21

The above statistics are for attached properties in Naperville. The numbers and trends can and do vary for different areas in the same town (zip code). The same information is also available for LisleAuroraPlainfield and Oswego Give us a call at 630-718-2305 or drop us an email with your request. Additionally, you may have reports emailed directly to you for the zip code area you want to explore.

365Naperville – #170 Naperville Chamber of Commerce Events

I was scanning the Naperville Chamber of Commerce calendar today and a couple of events caught my eye.

Special Membership Luncheon with Tom Ricketts, Chairman, Chicago Cubs

Monday, February 13, 2012, 11:30 a.m.-1 p.m. at the Hilton Lisle/Naperville, located at 3003 Corporate West Drive in Lisle. What an opportunity to hear from the top where the Cubs are headed. With a new management team, OperationsPresident, including General Manager, and Manager and a significant changes in players, this is sure to be an interesting presentation.

Tickets for the event are $25 for Members, $30 at the door, and $35 for nonmembers. To register or for more information, visit the Chamber’s website,www.naperville.net, contact Lisa Spaeth at 630-544-3365, or the Chamber at 630-355-4141.

Annual State of the City Address with Mayor A. George Pradel

Monday, Feb. 27. The event will be held from 7:30 to 9 a.m. at the new Marriott hotel at the corner of Diehl and Naper Blvd.

Tickets for this special breakfast meeting are  $30 for Members and $40 for nonmembers.   To register or for more information, visit the Chamber’s website,www.naperville.net, or the Chamber at 630-355-4141.

365Naperville – #169 Sled Hills, Hockey and more

Sled Hills, Hockey and more

The Naperville Park District operates and manages several sled hills, a snowboard hill, hockey and ice skating rinks. For obvious reasons, these outdoor locations are weather dependent and may not be open at all times. The following information is reprinted from the Park District website and relates to their rules and regulations for use of the hills.

“Riverwalk Sled Hill at Rotary Hill

This location provides sledding fun for the entire family! Sledders need to bring their own inner tubes or plastic sleds. Wooden sleds and metal-runner sleds are not permitted. Please note that sledders assume full risk and responsibility for determining that all conditions are safe for sledding. Parent/adults are responsible for supervising their children 8 years of age and younger.

Rotary Hill closes at 9:00 p.m. except on Fridays and Saturdays when it remains open until 10:00 p.m. The sled hill is open from Dec. 1-Feb. 1, weather-permitting.

Sledding Rules & Regulations
Sled hills will open when the soil is frozen and there are two or more inches of snow with no visible grass.

When sledding, remember:
- Keep your sled under control
- Avoid sledders and objects
- Move quickly out of the path of other sledders
- Climb uphill along the side of the slope
- Children ages 8 and younger must be supervised by an adult
- Only inner tubes and plastic sleds are allowed. Toboggans and sleds with metal runners are not permitted
- No more than 2 people are permitted on a sled at one time
- Violation of posted rules will result in suspension from the sled hill and/or a fine

Ice Rink and Sledding Conditions
For current information regarding conditions at these locations, please visit our home page at www.napervilleparks.org or call 630-848-5000.”

Locations for sledding are listed as:

Naperville Condo & Townhome Sales in 2011

And the 2011 Lists continue. Here we show the most active (in terms of sales) Condominium and Townhome developments in 2011. Shown below are the Top 10 Developments. In total, there were  MLS reported sales in the past year. If you would like to see the homes currently on the market for any development, click here.  Subdivision Map

2011 ATTACHED SALES
DEVELOPMENT UNITS
 1. Enclave at Ry Lakes 25
 2. Windridge 25
 3. Cress Creek 15
 4. Olive Trees 15
 5. Riverplace 12
 6. Pebblewood 11
 7. Carillon Club 10
 8. Chantecleer Lakes 10
 9. Ry Lakes 10
10. The Fields 10

And the overall numbers look like this:

Type List Average Sale Average  Units  
Foreclosed $135,454 $124,837 70
Normal  $208,131  $195,315  262
Short  $127,334  $118,432  38
Overall  $186,006  $174,010 370

An interesting anomaly – Foreclosed units listed and sold for a higher average price than Short Sales. Overall, approximately 30% of the market in 2011 was distressed sales: 19% Foreclosed, 10% Short Sales and almost 71% Normal sales.

Do you want information on your development or additional statistics on one of these? Drop us an email or give a quick call and tell us what you data you need. Chances are we can provide it quickly.

 

Naperville Luxury Market – 2011

It was an up and down year for Luxury Homes ( $1,000,000+) in Naperville in 2011. While the number of properties that closed was down significantly, The average final list price and average sale price both were up considerably over 2010. And, negotiations during the year appeared tougher, too as homes were bought, on average, for 90% of final list price.

Year Transaction  Final List   Sale   % to List
2010 32  $1,323,319 $1,236,667 93%
2011 20 $1,638,833 $1,470,376 90%
Change -12 123.8% 118.9%

The most active areas for Luxury Homes were: Central Naperville (Ogden/Columbia/Prairie/River), Oak Hills/East Highlands, & Washington Woods.

Real Estate Market Chart by Altos Research www.altosresearch.com
Shown below are a few more interesting numbers for the top quartile of home sales in Naperville over the last 2 years. Median Price looks like it bottomed in August/September 11, but still roughly  16% below where it was in January 2010.

For more information on this market segment or details on any aspect of our local market, please, give us a call or drop us an email. Thanks for stopping by.

Luxury Homes For Sale In Naperville IL

Showing properties 1 - 15 of 120. See more city of Naperville real estate.
(all data current as of 2/22/2012)

  1. 5 beds, 7 full, 2 part baths
    Home size: 8,271 sq ft
    Lot size: 9 sq ft
    Broker reciprocity icon
  2. 7 beds, 7 full, 3 part baths
    Home size: 8,176 sq ft
    Lot size: 8.18 ac
    Broker reciprocity icon
  3. 5 beds, 5 full, 3 part baths
    Home size: 12,000 sq ft
    Lot size: 2.51 ac
    Broker reciprocity icon
  4. 8 beds, 5 full, 3 part baths
    Home size: 6,126 sq ft
    Lot size: 1.64 ac
    Broker reciprocity icon
  5. 5 beds, 5 full, 1 part baths
    Home size: 7,000 sq ft
    Lot size: 2.62 ac
    Broker reciprocity icon
  6. 5 beds, 6 full, 1 part baths
    Home size: 7,290 sq ft
    Lot size: 2.14 ac
    Broker reciprocity icon
  7. 4 beds, 5 full baths
    Home size: 5,500 sq ft
    Lot size: 16,520 sq ft
    Broker reciprocity icon
  8. 4 beds, 3 full, 2 part baths
    Home size: 5,556 sq ft
    Lot size: 11,455 sq ft
    Broker reciprocity icon
  9. 6 beds, 6 full, 1 part baths
    Home size: 8,000 sq ft
    Lot size: 1.03 ac
    Broker reciprocity icon
  10. 5 beds, 5 full, 2 part baths
    Home size: 6,825 sq ft
    Lot size: 9,316 sq ft
    Broker reciprocity icon
  11. 5 beds, 5 full, 1 part baths
    Home size: 5,303 sq ft
    Lot size: 15,902 sq ft
    Broker reciprocity icon
  12. 5 beds, 5 full, 2 part baths
    Home size: 6,680 sq ft
    Lot size: 5,980 sq ft
    Broker reciprocity icon
  13. 5 beds, 4 full, 2 part baths
    Home size: 6,256 sq ft
    Lot size: 3.51 ac
    Broker reciprocity icon
  14. 6 beds, 6 full, 1 part baths
    Home size: 6,860 sq ft
    Lot size: 10,360 sq ft
    Broker reciprocity icon
  15. 5 beds, 4 full, 2 part baths
    Home size: 7,144 sq ft
    Lot size: 21,187 sq ft
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Hottest Single Family Subdivisions In Naperville 2011

It’s that time of year again – time for the housing performance lists. Shown below are the Top 25  Subdivisions for single family home sales in 2011. In total, there were 1,131 MLS reported sales in the past year. If you would like to see the homes currently on the market for any subdivision, click here.

2010 List                        2009 List               Subdivision Map

2011 DETACHED SALES
SUBDIVISION UNITS
 1. Naperville Station 54
 2. Tall Grass 49
 3. East Highlands 36
 4. White Eagle 35
 5. West Highlands 29
 6. Ashbury 26
 7. Cress Creek 25
 8. Old Farm 25
 9. High Meadow 24
10. Stillwater 24
11. Winding Creek 21
12. River Run 19
13. Ashwood Park 17
14. Brook Crossing 16
15. Brookdale 16
16. Farmington 16
17. Maplebrook II 16
18. South Pointe 16
19. University Heights 16
20. Knoch Knolls 14
21. Spring Hill 14
22. Lakewood Crossing 13
23. Mission Oaks 13
24. Riverwoods 13
25. Indian Hill 12

Do you want information on your subdivision or additional statistics on one of these? Drop us an email or give a quick call and tell us what you data you need. Chances are we can provide it quickly.

 

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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2012 MRED. All rights reserved.

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This IDX solution is (c) Diverse Solutions 2012.