Hello everyone, I'm Kris with The Kombrink Team at One Source Realty, your trusted REALTOR® team here in Naperville, Illinois. Today, I'm excited to bring you a comprehensive market update for June 2024.

High Demand and Quick Sales

The real estate market in Naperville is moving quickly, with a current supply of just 1.33 months. This low inventory means that homes are in high demand and are selling rapidly. For those considering selling their homes, this is an opportune moment to capitalize on the market conditions.

Months Supply of Housing Inventory Naperville June 2024

Sellers Receiving Great Value

The List to Sold Price percentage in Naperville is an impressive 101.7%. This percentage indicates that sellers are receiving great value for their homes, often selling for more than the listing price. It reflects a competitive market where buyers are willing to pay a premium to secure their desired properties.

Naperville Real Estate List to Sale Price Percentage June 2024

Homes Flying Off the Market

The median days on market in Naperville is currently at 10 days. This quick turnaround time showcases the fast-paced nature of the market, where homes are being snapped up almost as soon as they are listed. Buyers need to be prepared to act swiftly to secure their dream homes.

Naperville Real Estate Median Days on Market June 2024

Strong Median Sold Price

The median sold price in Naperville is $625,000. This robust figure underscores the strength of the market for both buyers and sellers. Sellers can expect to receive top dollar for their properties, while buyers are investing in a thriving and desirable community.

Naperville Real Estate Median Sold Price June 2024

Why Now is the Perfect Time to Make Your Move

Whether you're looking to buy or sell in Naperville, now is a great time to make a move. With low inventory and high demand, sellers can expect top dollar for their homes, while buyers should act fast to secure their dream home. The current market conditions are favorable, making it an ideal time for real estate transactions.

Thank you for tuning in to this market update. If you have any questions or are ready to make a move in the Naperville area, don't hesitate to reach out to The Kombrink Team. We're here to help you every step of the way. Have a great day!


By staying informed about the latest trends and statistics, we aim to provide you with valuable insights that will help you make the best real estate decisions. If you need personalized advice or have any questions, feel free to contact us. Let's make your real estate dreams a reality in Naperville, Illinois!

Posted by The Kombrink Team on

Tags

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.