The numbers for attached homes in Naperville over the last 12 weeks have some positives in them: Units For Sale dropped 10% while units Sold climbed 17%. Obviously the decrease in inventory and increased sales bodes well for those who have their condos or townhomes on the market.
| NAPERVILLE, IL Condo 2010-08-27 | |
|---|---|
| Median List Price: | $181,323 |
| Total Inventory: | 582 |
| Homes Absorbed: | 24 |
| Days on Market: | 189 |
From a dollar perspective, prices for units Sold and Under Contract are down sharply -14% and -15% respectively. Some of this average decline in median prices could just be variations in the what units have sold (lower priced units vs higher priced units) and the seasonal nature of the market, but some may also be reflective of a continued resetting of prices.
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