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Health & Fitness

Naperville Real Estate Agents Release Traditional Home Sales Report for September, 2012

Team Bowers Naperville, Illinois real estate agents release the most important statistics for home owners in Naperville. Review traditional home sale statistics for the last 3 months here.

Team Bowers Naperville, IL real estate agents have compiled the following Naperville real estate statistics for home owners in Naperville, people looking to buy a home in Naperville, and people interested in selling a house in Naperville, Illinois.

As the title states, the reports below are for traditional home sales only. So what are “traditional” home sales? Traditional home sales are the home sales where the home owner did not sell their home as a short sale or foreclosure. Years ago, there wasn’t much of a need to make distinctions between the different types of homes sales because the vast majority were traditional home sales. Due to the current economic and real estate market conditions, it is extremely important to analyze each sale type differently because each sale type belongs to a different pricing tier.

Traditional sales fetch the most money because they are in good condition and can close quickly. Short sales sell for less money than traditional sales because short sales require a lengthy process to complete and take months to close. Foreclosures are the lowest price tier because they are generally in much worse condition than traditional sales and short sales and the banks that own the properties are willing to sell them for substantially less money because they are in bad condition or the bank wants the properties off their books.

Find out what's happening in Napervillewith free, real-time updates from Patch.

 

Naperville, IL - Homes For Sale: September, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Naperville 1 31 4 27 $89,900 $155,000 145 196 Naperville 2 204 20 184 $159,900 $156,500 140 133 Naperville 3 240 29 211 $269,900 $245,000 103 132 Naperville 4 526 68 458 $459,000 $399,500 84 147 Naperville 5 172 18 154 $625,000 $539,000 121 147 Naperville 6 22 3 19 $1,200,000 $546,000 62 224 Naperville 7 2 0 2 $4,275,000 $0 0 149 Naperville 8 1 0 1 $564,950 $0 0 460

 

Find out what's happening in Napervillewith free, real-time updates from Patch.

Naperville IL - Homes For Sale: July 1 , 2012 - September 30, 2012

City Bedrooms # of Homes For Sale # of Homes Sold # of Homes Not Sold Median List Price Median Sold Price Sold - Avg Days On Market Not Sold - Avg Days On Market Naperville 1 39 7 32 $80,000 $68,500 175 200 Naperville 2 307 88 219 $159,900 $164,000 138 153 Naperville 3 342 88 254 $269,900 $248,000 141 146 Naperville 4 819 261 558 $449,000 $399,500 100 158 Naperville 5 269 84 185 $624,900 $545,000 124 168 Naperville 6 30 7 23 $1,099,000 $546,000 92 211 Naperville 7 2 0 2 $4,275,000 $0 0 149 Naperville 8 2 0 2 $2,500,000 $0 0 456

 

Team Bowers Realtors provide the above city-level, Naperville real estate statistics because home owners and home buyers are always asking, "How is the Naperville real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Naperville home owners, these statistics will suffice; however, if you are looking to sell a house in Naperville or if you are interested in purchasing homes for sale in Naperville, you need much more localized statistics because the real estate markets in Naperville vary greatly by subdivision.

Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Naperville, IL on our website at www.teambowersrealtors.com.

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