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Naperville Real Estate - Ann deVane - GRI, CNC, ePRO

Huntington Estates - Market Activity

Huntington Estates - Market Activity from 10/07/07 - 10/08/08
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 7 $482,071 128
3 1 $499,900 161
4 6 $479,100 123
Attached Single
Bedrooms # Active Avg. LP Avg. MT
2 or Less 1 $153,900 48
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 7 54% $516,129 $484,554 94% 57 $487,633 46%
3 0 0% $572,000 100%
4 7 58% $516,129 $484,554 94% 57 $470,760 42%

Kings Terrace - Market Stats for past 12 mos

Kings Terrace from 10/6/07 to 10/6/08
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
4 2 $374,900 263
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 7 88% $391,571 $376,786 96% 152 $299,900 12%
3 1 50% $299,900 $290,000 97% 544 $299,900 50%
4 6 100% $406,850 $391,250 96% 87 0%

Rock Ridge market stats for last 12 months

ROCK RIDGE - 10/5/07 thru 10/5/08
Sold Properties
Sold Price Range # Listings Avg. Days on Mkt
$450,000 - $499,999 1 299
$600,000 - $699,999 1 25
$700,000 - $799,999 3 42
Sold Properties Summary
# Units Avg. MT Median Sold Price Avg. Sold Price Max. Sold Price Min. Sold Price Total Volume
5 90 $700,000 $672,500 $750,000 $490,000 $3,362,500

Naperville's 3rd Park-n-Ride

It's finally here! Beginning October 6th, 2008, the long awaited and forever fabled 95th Street Park-n-Ride will become REALITY. It is actaully located at 91st St & Wolfs Crossing Road, the Park-n-Ride will provide commuters in Naperville, Aurora, Oswego & Plainfield with a great option for getting to and from the Route 59 Metra Station. The station actually resides in Will County.

In addition to more than 200 parking spaces, there will also be a loading/drop off area for Kiss-n-Ride commuters, bicycle parking & a bus shelter. Yeah!

The long awaited Park-n-Ride makes it three for Naperville. Hopefully it's debut will help to ease traffic congestion on Rte 59 during the morning and evening rush. This lot will be serviced by Pace Route 672 which plans to add additional morning and evening trips.

5th Avenue Study - What We Know & What We Don't

Quite a large crowd turned up curious to learn what the future held for the 5th Avenue "Neighborhood". Many were disappointed with the lack of information provided at this meeting. However, city planner Rory Fancler made it very clear that this was an information gathering meeting. The purpose and intent of the evening's meeting was to receive input from the public in order to be able to craft a plan.

Topics of discussion were Transposrtation/Parking which unfortunatley due to a previous engagement I missed. Land Use and the Washington Streetscape. Initially the study is for land use, and zoning will follow at a later date. They addressed the Washington streetscape as it is now the more of a gateway to our town, particularly with the Naperville Blvd exit off I-88 being re-routed to Warrenville Rd, it's an easy left to access Washington and head south to town. Although there is not much to work with in terms of space they plan to weigh different options to beautify and make safe this section of Washington.

Currently we do know that the Department of Public Works (DPW) will be vacating their present location at 5th Ave & Loomis this fall and relocating to Fort Hill Drive and Jefferson Ave (NE corner). The disposition of that land is still to be determined.

We learned a proposal has been formally submitted to the City of Naperville for condominiums on Ellsworth. We "heard" that there has been "talk" with Omnia regarding the theatre, but presently nothing formal has been proposed. The break out sessions proved more interesting than the meeting. Some residents expressed concern about being approached by developers to purchase their block for a hotel even.

Obviously any land use would have to be voted on and approved by the Council and thus the people. My advice to you is if you have any stake at all in property in and around the vicinity of 5th Ave, you should be in attendance at these meeting to make your voice heard. The next meeting will be held October 29,2008 in City Council Chambers at 7pm.

Stay Tuned