MARCH 1, 2022 BY SOPHIA OJUKWU – LEAVE A COMMENT
Hey Chicagoland! We're entering into the fall months, and time when things start to slow down just a little! Real Estate last month was steady!
Chicagoland's Real Estate Market Update March 2022
This month indicates that Naperville is a fairly balanced market, with advantages to offer to both buyers and sellers. While prices have held steady for close to a year, we'd expect them to start creeping up if the declining inventory trend continues. All of these changes affect home values, including yours.
Homes in Naperville, IL, are on the market on average after 17 days. The medium days' trend in Naperville, IL since last month has increased and since last year has decreased somewhat. Naperville's home prices were up to sell for a median price of $418,000. On average, homes in Naperville sold 115 on the market with an active list of 3,159.
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