Fox Valley Market Update-April 27 2019

Fox Valley Market Update-April 27 2019

Fox Valley market update-April 27 2019.  New listings of single family homes are up this week!  405 this week compared to 341 the week before.  Great news for buyers that are having a hard time finding just the right home in the right location. There is more to choose from.  If you are having a hard time finding a home in a certain location let us know. We will see what we can do.

Look at the activity so far for this year for New listings of home:

  • January-878
  • February-1,032
  • March-1,731
  • April so far-1,594

There is only 3 days left of the month so I do not think we will catch up to March totals.

Closed listings this week were exactly the same as the week before.  208 this week and also the week before.  Monday and Tuesday will be busy with closings so that will bring up the total for the first week in May.

Closed listings for the year so far:

  • January-407
  • February-465
  • March-915
  • April so far-790

Take a look at the activity this week in the Fox Valley:

Aurora-New 46 $119,900-$1,250,000                                    Closed-28 $75,000-$414,000

Batavia-New 16 $239,900-$579,900                                      Closed-3 $214,000-$522,000

Bolingbrook-New 28 $173,900-$785,000                              Closed-23 $129,150-$340,000

Geneva-New 17 $229,900-$995,000                                      Closed-12 $196,000-$545,000

Naperville-New 93 $259,900-$2,299,000                               Closed-28 $300,000-$851,000

North Aurora-New 12 $184,900-$464,774                            Closed-4 $215,000-$328,000

Oswego-New 25 $187,900-$749,000                                     Closed-11 $154,000-$437,900

Plainfield-New 44 $155,000-$1,300,000                                Closed-25 $170,000-$399,000

St Charles/Campton Hills-New 32 $225,000-$899,900          Closed-13 $204,900-$755,000

Sycamore-New 11 $145,000-$499,900                                  Closed-7 $40,000-$339,900

Yorkville-New 18 $160,000-$455,000                                    Closed-11 $215,000-$499,990

Contracts Accepted this Week

Fox Valley Market Update-April 27 2019-Contracts Accepted this Week

Contracts accepted this week were down.  311 this week compared to 341 the week before.

Sellers accepted the most contracts in these communities this week:

Aurora-34                                 Batavia-11                             Bolingbrook-19                       Geneva-13

Montgomery-12                        Naperville-47                         Oswego-25                               Plainfield-36

St Charles/Campton Hills-28     West Chicago-10                   Yorkville-10

Look at the year so far:

  • January-608
  • February-832
  • March-1,375
  • April so far-1,307

It looks like March is the best month so far this year in the Fox Valley area.

Short sales this week were also down.  3 this week compared to 7 the week before.  There was 1 each in Aurora, Bolingbrook and Plainfield accepted this week.  Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  5 with a kick-out clause o f72 hours, 18 with 48 hours and 5 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  1 with a kick-out clause of 72 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 Jefferey Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101 with any questions you have.  Our goal is to negotiate price and terms that are best whether selling or purchasing a home.

If you are thinking about selling this year right now is the best time to sell. Don’t miss out on Spring market.

Are you thinking about purchasing?  Your first step is to contact a loan officer to get pre-qualified so you know what type of loan and price range will work out best for you.

Resources to check out:

Fox Valley market update-April 27 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

Try out a different way to search for a home that lets you see where in the neighborhood the home is situated.  Does it have a back yard?  Is there anything else in the neighborhood for sale?  What are the prices.

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