T
he Naperville real estate market is a seller's paradise, much like the lyrics of The Clash's song "Should I Stay or Should I Go." With only 1.1 months' supply of inventory, the current pace suggests that existing homes will soon be in short supply if new listings don't enter the market.

    Sellers are reaping the benefits of this imbalance, with a selling price to original list price ratio of 100.5% for closed properties in April 2025. The average list price has increased year over year to $623,526, although this may be due to more lower-priced homes being sold. The price per square foot has also risen by 3.2%, reaching $267.

    Homes are selling quickly, with an average of just 20 days on the market before going under contract. This is good news for sellers, but what about buyers? They face rising costs, as a $600,000 home could increase in value by 5% next year, making it worth $630,000. Buying now and refinancing when interest rates drop can be a smart strategy.

    As a hedge against inflation and part of the American dream, real estate remains an attractive investment. If you're ready to make your homeownership dreams a reality, I'm here to help – Elizabeth Gretz and our team are dedicated to guiding you through the process.