60563 Condos & Townhomes

 

The charts in this Market Report are “live” and updated weekly. Book mark this page and check back to see how the market is changing. Download a sample report that contains more detail. If you are really into data analysis and market metrics I have a comprehensive report that can be emailed also. Scroll through the Listings in the right column. They are about as up-to-date as you can get so be confident that what you see is really available.

Market View for Condos & Townhomes, Naperville, IL 60563

Available Units in 60563

All the Market Trend Charts below are “live” and updated weekly. So book mark this page and check back to see how the market is changing. Download a sample report that contains more detail. If you are really into data analysis and market metrics I have a comprehensive report that can be emailed also.

90-day stats for Condo properties in
NAPERVILLE, IL60563 as of February 17, 2012
Median List Price:$128,550Average List Price:$148,613
Total Inventory:131Price per Square Foot:$110
Average Home Size:1,180Median Lot Size:n/a
Average # Beds:2.04Average # Baths:1.89
Homes Absorbed:8Newly Listed:5
Days on Market:243Average Age:24

Key numbers to note in the above table are Homes Absorbed and Newly Listed. If Homes Absorbed is greater than Newly Listed, inventory is decreasing, or fewer choices for buyers, hence potential upward movement in pricing. Paying attention to the gap between Median List Price and Average List Price gives a good indicator of which properties are moving: If the gap increases month over month, higher end homes are pulling the market upwards.

The Market Action Index (MAI) illustrates the balance between supply and demand using a statistical function of the current rate of sale versus current inventory. An MAI value of 30 typically indicates a “Neutral Market” .

The interactive chart below allows you to select different time frames to view activity in the market, so go ahead play with them.

[idx-listings zip="60563" propertytypes="116,115" orderby="DateAdded" orderdir="DESC" count="10"]

Really into the numbers? Want to track them on a regular basis? Just complete the Report Request and let me know which zip code(s) you are interested in. The reports will be delivered on a regular schedule to your email.

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