Homes For Sale In Naperville, IL

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8S421 Oxford Lane: Naperville Home For Sale – $869,900

No expense was spared in building this home.

Every comfort you’d want and need has been integrated with careful thought and top-quality craftsmanship.

Naperville 203 schools with a prime location near to major roads and not far from downtown Naperville.

A huge property with fence, pool, and a variety of outdoor entertainment options.

Inside, relax and enjoy yourself with over 5000 square feet of livable space.

Make 8S421 Oxford Lane your new home.

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Home Overview

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Naperville Home Prices & Real Estate Report: April 2014

The “Spring Market” Starts On a Good Foot.


The charts below represent a rolling 12-month average (or cumulative amount for some statistics) to better show the actual trends in the market.  This data is specifically for sales of traditional resale single-family homes and does not include foreclosure, short-sale, or condo/townhome data.

(also:  find out how the Naperville housing market looks today with our live market data feed coming right from the MLS database as well as search Naperville homes for sale)

Average Home Sale Prices

The average Naperville home price in April was $449,283, which is about the same as last month and a 4.8% increase over last April.

 

Average Original List Price

The price sellers originally put on their homes is up about 1% from a year ago to $527,438.  This is down slightly from a peak last month but is still about the highest it’s been recently.

How Long Does It Take A Naperville Home To Sell?

Across all price ranges, the average time it takes a house to sell is about 9 weeks.  This is down drastically from 12 months ago.  Different price ranges have different selling times and the higher-priced homes take a little longer at 101 on average.

How Much Are Sellers Getting?

Sellers continue to get more money than last year.  The average sale price is 95.7% of the original asking price.  This is up 2.3% from last April.  The price range in the $350K to $500K gets the most with an average of 97.1%.  This is up 2.9% from last year.

Housing Inventory Supply

While most price ranges saw a very slight increase in the inventory supply, the average is still quite low at about 3.5 months.  This basically means that sellers have a bit of an advantage because there just aren’t that many homes available for buyers.

How Many Homes Are For Sale?

In correlation to the supply, we see a handful more homes for sale this April than last.  This is a 0.8% increase.

How Many Homes Sold?

The higher end of the market continues to see improvements over the last 12 months.  There was an increase of 20% more homes sold in the $350-$500K range  and 35% more homes sold in the $500K+ range.  Obviously, great news for these home sellers.

Summary

The “Spring Market” is here and Naperville home prices are going in the right direction for sellers, especially the high-end ones.  Supply levels are staying relatively constant and buyers are still out there looking to buy.  Overall, it’s a good time to be in the market for both sides.

Contact Us

Thinking of buying or selling?  Let me know what you need the most help with and I can get you started on what to do next.  – John Reh

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Top 10 Things NOT To Do When Getting A Naperville Home Loan

naperville financing mistakes

If you’re buying a house in Naperville and you’re trying to get a home loan, the time between when your offer is accepted and when you close is extremely important.  That’s because there are a gazillion things that can go wrong to derail your home purchase.

As a buyer, your main responsibility is to make sure your loan gets approved.  So, here are the top 10 things NOT to do if you’re trying to get financing.

Don’t Change Jobs

Changing jobs creates instability.  Don’t switch employers.  And definitely don’t quit or suddenly become self-employed [Read more…]

The 5 Pictures That Will Sell Your Naperville Home Listing

Internet home shoppers love pictures.  They’re trained to scan the photos before anything else.  If your Naperville home listing doesn’t have amazing professional photographs showcasing the visual appeal of your property, you’re seriously hampering the likelihood of getting that buyer out from behind their computer and into your home to see it in person.

In particular, there are 5 pictures that you must have to really make your Naperville home stand out from the crowd. [Read more…]

Naperville Real Estate Transfer Tax Stamp: What, How, Why

naperville real estate transfer tax

What Is A Tax Stamp?

When a residential home is bought and sold, taxes are due on transferring ownership of that property.  These taxes are called real estate transfer taxes and generally knows as “stamps.”

You’ve got taxes at the state and county levels and often at the city level, including Naperville.

Who Pays For Naperville Tax Stamps?

[Read more…]

The Best Website To Search Homes For Sale Naperville IL (and how to get it)

use listingbook for the best naperville home search

In my opinion as a real estate agent, the best website to search for homes for sale in Naperville isn’t one of those big “popular” sites you see advertised on TV.

Instead, if you really want to use the most comprehensive, accurate, and easy-to-use site available, you should be using ListingBook.

Below are just some of the reasons why it’s way better than those other sites you’ve probably heard of.

What Is ListingBook & Why Haven’t I Heard Of It?

[Read more…]

Naperville Real Estate Report: March 2014 Data

Naperville’s real estate market finished the first quarter strong.


Real estate continued to gain strength as compared to a year ago.  The charts below represent a rolling 12-month average (or cumulative amount for some statistics) to better show the actual trends in the market.  This data is specifically for sales of traditional resale single-family homes and does not include foreclosure, short-sale, or condo/townhome data.

(also:  find out how the Naperville housing market looks today with our live market data feed coming right from the MLS database)

Average Home Sale Prices

The average price of a single-family home in Naperville was up 4.8% as compared to a year ago.  The average in March was $449,070.

[Read more…]

Naperville Home Prices, Report – February 2014

How’s the Housing Market?  February Continued To Be Strong.


Here’s a summary of how the Naperville housing market looked in February.  The charts below represent a rolling 12-month average (or cumulative amount for some statistics) to better show the actual trends in the market.  This data is specifically for sales of traditional resale single-family homes and does not include foreclosure, short-sale, or condo/townhome data.

(also:  find out how the Naperville housing market looks today with our live market data feed coming right from the MLS database) [Read more…]

Naperville Home Prices, Trends, Data – January 2014

How’s the market?  The first month of 2014 was a good one for Naperville home prices.


The trends in the real estate market continue to point upwards as the data below will show.  Here’s a summary of how the Naperville housing market ended up in January.  The charts below represent a rolling 12-month average (or cumulative amount for some statistics) to better show the actual trends in the market.  This data is specifically for sales of traditional resale single-family homes and does not include foreclosure, short-sale, or condo/townhome data.

(also:  find out how the Naperville housing market looks today with our live market data feed coming right from the MLS database)

Average Home Sale Prices

The average home sale price was up 4.6% to to $445,582.  That’s just about $20,000 more than a year ago.

 

[Read more…]

When Is The Best Time To Buy A House In Naperville?

best time to buy a home in naperville

Ultimately, the best time to buy a house is when you can comfortably afford the home you love the most.

I know, I know…what you’re probably wondering is “but is there a best time of year to buy?”

Personally, I don’t think there’s one best time of year for home buyers, but there are certainly pros and cons to the seasonality of the real estate cycle.  Here they are:

[Read more…]