November Market Reports for Naperville, Il zip code 60563

Housing Market Report for Naperville 60563 – November 2010

Today we look at north Naperville, zip 60563. Here too, Homes Absorbed are greater than Newly Listed, a positive sign for reduction in inventory, a trend that is continuing from this summer’s July high. The difference between Median Price and Average List price is almost 31%! This is an indicator that the higher priced homes are beginning to dominate the available inventory. This is not totally unexpected as many lower priced units were removed from inventory as a result of the first time buyers tax credit.

On a year over year basis for the same quarter, Naperville zip code 60563 has seen a reduction in units sold of 20%, but an increase in average Sale Price of 9.3% – one of the best percentage gains in over 2 years! It would e nice to see this if this is sustainable.

November Market Report for Naperville Zip Code 60564

Today we look at southwest Naperville, zip 60564. Here too, Homes Absorbed are greater than Newly Listed, a positive sign for reduction in inventory, a trend that is continuing from this summer’s July high. The difference between Median Price and Average List price is hovering around 6% which is typical when lower priced properties are dominating the market.

On a year over year basis, prices in zip 60564 are up 6.5% over the same Quarter last year. Units sold are down 10.6%, the lowest percentage for any zip code in Naperville. As always, if you would like to receive this type of information on a regular basis,  enter your email and preferred zip code in the sign up on the right. If you would like to examine your particular area in greater depth, simply email me with the subdivision or school area.

October Market Report for Naperville 60565

Here are the latest Market Statistics on Naperville, 60565.  As you can see, the gap between Average List Price and Median List Price is increasing. This is indicative of more, higher priced homes on the market, which means increased competition at the higher price points. That makes condition of the property even more critical.

A key statistic to note is that Homes Absorbed and Inventory are both moving in positive directions over the elevated numbers of a few months ago. While Inventory may be decreasing, buyers still have plenty of choices.

Hottest subdivisions in Naperville

Image via Wikipedia

Looking for a home in Naperville? Looking to sell a home in Naperville? Ever wonder what subdivisions have the most activity in terms of homes sold? The table below shows the Top 20 that have had the most single family homes closed within the last 24 months (2008 thru 2009). Want to know what is for sale in that subdivision? Just click on the name and you will quickly see what is currently on the market.

Interested in a subdivision not listed here? Click here then enter the Zip code and start typing the  subdivision (tract) name. Select the appropriate one and view the homes. If you need additional information, let me know via one of the buttons on the right. Enjoy, and peace.