Hey there, everyone!
The Kombrink Team here, your friendly neighborhood REALTOR® team with a market update for July 2024 in Naperville, Illinois.
Real Questions We All Have:
- Is now a good time to sell my home in Naperville?
- How fast are homes selling?
- What's the median price of homes right now?
We’ve got some exciting news for you.
Naperville’s Hot Market
Right now, we’re in a hot market with only 1.55 months of inventory.
What does that mean?
Homes are selling faster than ever before.
This is a decrease of 20.1% over the last year.
What Does This Mean for Sellers?
The List to Sold Price percentage is at a whopping 101.3%.
That’s right, homes are selling for more than their listing price.
Sellers, this is your time to shine and get top dollar for your home.
Buyers, Take Note!
Homes in Naperville are flying off the market with a median of just 11 days.
That means you’ll need to act fast and be ready to make a competitive offer in this fast-paced market.
Current Prices
The median sold price in Naperville is currently $595,000.
With prices like these, it’s a great time to buy or sell in this thriving community.
Why Act Now?
Whether you’re looking to buy or sell, now is the time to make your move in Naperville.
Reach out to The Kombrink Team at One Source Realty and let’s make your real estate dreams a reality.
FAQs
Q: What’s driving the hot market in Naperville?
- A: Limited inventory and high demand are key factors.
Q: How can I make a competitive offer as a buyer?
- A: Be pre-approved for a mortgage and be prepared to act quickly.
Q: What should I do to get top dollar as a seller?
- A: Work with an experienced REALTOR® to price your home correctly and market it effectively.
Final Thoughts
Thanks for tuning in to our July 2024 market update.
Whether you’re buying or selling, Naperville is a fantastic place to be right now.
Don’t miss out.
Reach out to The Kombrink Team at One Source Realty today.
Contact Us
We’re here to help you navigate this exciting market.
Contact us at (630) 402-0021.
Thanks for reading, and we’ll see you in the next update!
Posted by The Kombrink Team on
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