Absorption Report

Naperville, Graham Elementary School

Seller's
Market		 Balanced
Market		 Buyer's
Market
< 5 months
Inventory		 5 months
Inventory		 > 5 months
Inventory

The absorption rate is the rate at which a home is likely to sell in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with 5 months of inventory in their price range, and they are anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

50% of available homes are currently under contract

Single Family Homes

List Price Available Sold Since 5/10/24 Under Contract
Last 30 days		 Absorption Rate Months of Inventory
551k-600k 1 0.2 0
$599,000
1907 Enclave Ct.
601k-650k 1 0.2 0
$640,000
2304 Snapdragon Rd.
651k-700k 2 0.3 0
$665,000
5056 Prairie Sage Ln.
$675,000
2635 High Meadow Rd.
701k-750k 1 6 1 1
$710,000
5011 Switch Grass Ln.
$705,000
5336 Wirestem Ct.
$729,000
5316 Prairie Sage Ln.
$746,100
5304 Bundle Flower Ct.
$717,000
5320 Velvet Bent Ct.
$715,000
2507 Salt Meadow Rd.
$735,000
5307 Velvet Bent Ct.
751k-800k 1 0.2 0
$764,000
5327 Catclaw Ct.
801k-850k 2 0.3 0
$815,000
1723 Princess Cir.
$837,501
4103 Clearwater Ln.
901k-950k 3 0.5 0
$925,000
1216 Milford Ct.
$919,000
1212 Milford Ct.
$920,000
4120 Diamond Ct.
951k-1m 1 1 0.2 0
$995,000
4211 Colton Cir.
$995,000
4211 Colton Cir.
1m-1.1m 1 0.2 0
$1,015,000
1703 Baybrook Ln.