Market Conditions in 60504>Question Details

Henry, Other/Just Looking in Naperville, IL

How is the housing market in Hometown Aurora?

Asked by Henry, Naperville, IL Mon Aug 25, 2008

Is anything selling there?

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There have been 13 sales of single family homes and townhomes over the last 6 months. Only 4 of those were traditional sales. The rest were bank owned or pre-forclosure. There are currently 70 homes on the market and 3 under contract. That means TONS of inventory and competition. It's great if you are looking to buy, but if you need to sell, you might consider staying put for now.
0 votes Thank Flag Link Mon Aug 25, 2008

Good question. There are some great values both downtown and out in the newer construction areas. The areas and subdivisions in the Naperville school District offer a fantastic bargin without the price premiums of a Naperville address. I hope this helps.
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0 votes Thank Flag Link Mon Aug 25, 2008
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