Naperville 7-Day Market Stats
Here is a new presentation of Naperville Market Statistics that includes information not available in the charts. Tables are included for both single family homes and condos/townhomes. A key measure noted in this table is Homes Absorbed, a measure of how quickly inventory moves off the market. Of more interest is how it compares to Newly Listed. In this weeks numbers we see that Newly Listed outpaced Homes Absorbed by 3:2. Activties at that level will act as deterrent to pricing increases as it raises inventory levels giving sellers more competition and buyers more options.
Single Family
Townhome/Condominium
As you can see from the table below, the ratio in these properties is more nearly 1:1. This indicates a level of balance in the market with supply and demand being relatively equal.
