Naperville IL is well known across the country as a great place to live whether raising a family, working or visiting. With a population of approximately 145,000 people and located approximately 28 miles west of Chicago along the I-88 corridor it has a wide variety of employment opportunities, a lively downtown and great private and public schools.
So, what can you buy with a million dollars or more? Currently there are 72 active listings in the million plus category - Starting with a new construction site within walking distance of downtown to the amazing 7 bedroom, 3 level, over 16,000 Smart home listed for $4,375,000.
With so many million plus homes on the market how many homes sell actually sell in this price range? This past June, 5 homes sold in the million plus range with an average of 94 days in the market including one listing that was a bank owned property.
With only one listing that closed in June of 2010 one can make the assumption that things are looking up in the million plus category. There were 11 closed listings in all of 2010 compared to 11 closed listings already in 2011 and we still have 6 months to go.
The market for million dollar plus listings appear to be moving up in 2011 and that is good news for those homeowners that are selling.
Are you in the market for a million dollar plus home? Give us a call and let us assist you in your search.