Fox Valley home prices October 7th

Posted on October 9, 2023October 9, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 7th

bhfv Cover 050623 Fox Valley home prices October 7th. Temperatures have certainly changed since we changed to the fall season. 50’s for a high and we have seen some mid 30’s for a low.

New listings this week are up. 191 this week compared to 159 the previous week.

Closed listings are down. 152 this week compared to 205 the previous week.

Aurora-New 34 $130,000-$653,000

Closed-25 $180,000-$560,000

Bolingbrook-New 10 $264,900-$589,999

Closed-17 $185,570-$585,000

Naperville-New 33 $399,000-$2,499,000

Closed-17 $372,500-$1,330,000

Oswego-New 8 $319,900-$899,000

Closed-10 $315,000-$565,000

Plainfield-New 36 $245,000-$849,900

Closed-13 $220,000-$790,000

St Charles-New 9 $319,900-$711,900

Closed-10 $327,500-$1,050,000

Yorkville-New 5 $374,990-$575,000

Closed-12 $294,000-$535,000

Other communities had activity. Look at the photo above to see what price ranges are in those communities.

Financing used, median prices, and 2,000 SF or more

Median list price this week $409,900, last week $414, 520.

Median closed price this week $394,950, last week $405,000

Stats 100723 — Stats for week ending October 7th

Conventional financing was used to close on 108 homes this week at median price $403, 750 with 26 days average market time, last week 150 homes at median price $410,000 with 32 days average market time.

Conv 100723 — Conventional financing used to close for week ending October 7th

Cash was used to close on 17 homes at median price $415,000 with 26 days average market time, last week 28 homes at median price $414,950 with 30 days average market time.

Cash 100723 — Cash used to close for week ending October 7th

FHA financing was used to close on 19 homes this week at median price $305,000 with 23 days average market time, last week 16 homes at median price $322,495 with 33 days average market time.

FHA 100723 — FHA financing used to close for week ending October 7th

VA financing was used to close on 6 homes at median price $473,530 with 14 days average market time, last week 8 homes at median price $467,450 with 21 days average market time.

VA 100723 — VA financing used to close for week ending October 7th

2,000 SF or more closed on 90 homes this week at median price $472,500 with 29 days average market time, last week 114 homes at median price $517,495 with 21 days average market time. Minimum price this week $235,000, last week $290,000.

2000 SF or more 100723 — 2,000 SF or more for week ending October 7th

Conventional financing you can see is still the most used to close on a home. Will we start talking about assuming mortgages if the interest rates keep going up?

Under contract this week

Homes that went under contract this week are down. 156 this week compared to 170 the previous week.

Aurora-18 Naperville-22

Plainfield-27 St Charles-11

1 short sale was accepted this week by a seller. It was in Plainfield. Now it will be submitted to the lender to see if they will also accept.

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

Under contract median price this week $399,900 with 41 days average market time, last week $411,950 with 42 days average market time.

Under contract stats 100723 — Under contract stats for week ending October 7th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 191 152 156

Totals 6652 6195 6981

We normally post this every Saturday. Occasionally we get too busy and post as soon as we can. We did download all data on Saturday though. All data comes from our MLS, MRED, LLC.

At the end of each month we will also take a look at the previous 2 years 2022 and 2021 so you have something to compare to.

Resources

Please click on each bold and underlined post to take you to the information.

If you are looking for any other information that is not listed let us know at besthomesfv@gmail.com and we will point you in the right direction.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

We can give you a few loan officers to contact, real estate attorneys and home inspectors. Of course, if you already know someone that is great!

Fox Valley home prices October 7th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 30th

Posted on September 30, 2023September 30, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 30th

Fox Valley home prices September 30th. This might be our last week in the 80’s for this year. We head to the mid 50’s next week for a high.

New listings are consistent. 159 this week compared to 162 the previous week.

Closed listings are up. 205 this week compared to 144 the previous week.

Aurora-New 26 $175,000-$535,000

Closed-35 $126,500-$710,000

Bolingbrook-New 4 $272,900-$1,174,900

Closed-16 $190,000-$780,000

Naperville-New 24 $399,999-$1,635,000

Closed-29 $339,900-$1,150,000

Oswego-New 6 $375,000-$569,900

Closed-10 $300,000-$700,000

Plainfield-New 31 $289,900-$789,900

Closed-29 $185,000-$790,000

St Charles-New 10 $270,000-$2,650,000

Closed-15 $205,000-$840,500

Yorkville-New 2 $234,500-$350,000

Closed-10 $205,000-$512,500

Other communities had activity this week. Check with the photo above to see those communities and their price ranges.

Financing used, median price, and 2,000 SF or more

Median list price this week $414,520, last week $419,995.

Closed median price this week $405,000, last week $427,000.

Stats 093023 — Stats for week ending September 30th

Conventional financing was used to close on 150 homes this week at median price $410,000 with 32 days average market time, last week 103 homes at median price $460,000 with 20 days average market time.

Conv 093023 — Conventional financing used to close for week ending September 30th

Cash was used to close on 28 homes this week at median price $414,950 with 30 days average market time, last week 22 homes at median price $452,500 with 40 days average market time.

Cash 093023 — Cash was used to close for week ending September 30th

FHA financing was used to close on 16 homes this week at median price $322,495 with 33 days average market time, last week 15 homes at median price $345,000 with 42 days average market time.

FHA 093023 — FHA financing used to close for week ending September 30th

VA financing was used to close on 8 homes at median price $467,450 with 21 days average market time, last week 4 homes at median price $295,000 with 34 days average market time.

VA 093023 — VA financing used to close for week ending September 30th

2,000 sf or more closed on 114 homes this week at median price $517, 495 with 31 days average market time, last week 88 homes at median price $510,500 with 25 days average market time. Minimum price this week $290,000, last week $235,000.

2000 SF or more 093023 — 2000 SF or more for week ending September 30th

73% of homes this week used Conventional financing to close. More homes closed using cash than FHA financing. You might be able to buy more using FHA but if you can’t get it accepted it doesn’t help much.

Under contract this week

Homes that went under contract this week are up. 170 this week compared to 143 the previous week.

Aurora-30 Bolingbrook-10

Naperville-34 Plainfield-23

St Charles-16

1 short sale was accepted by a seller this week. It was in Geneva. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 48 hours and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 1 with 48 hours, and 2 with 24 hours.

Median price of homes that went under contract this week $411,950 with 42 days average market time, last week $399,900 with 31 days average market time.

Under contract stats 093023 — Under contract stats for week ending September 30th

2023 by the month and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

Totals 6461 6043 6825

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

Totals 7947 7983 8279

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1101 1203 1170

September 1083 1411 1251

Totals 8943 10048 11040

Everything decreased yearly. That is why the prices keep rising.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Resources

Click on everything that is bold and underlined to take you to the site for the information. Let us know if you are looking for any other information. We will point you in the right direction.

All data provided is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices September 30th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 23rd

Posted on September 23, 2023September 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 23rd

Fox Valley home prices September 23rd. Happy 1st day of Fall!. Today it will be 80 but after that the temps decline. Next week we will have 60’s for highs.

New listings this week are way down. 162 this week compared to 205 the previous week.

Closed listings are consistent. 144 this week compared to 137 the previous week.

Aurora-New 26 $199,900-$620,000

Closed-32 $142,550-$835,000

Bolingbrook-New 8 $339,900-$625,000

Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

Closed-15 $310,000-$1,400,000

Other communities had activity this week. Look at the photo above to see the price ranges in those communities.

Financing used, median prices, and homes 2,000 SF or more

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323 — Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323 — Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323 — Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323 — FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323 — VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time. Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323 — 2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly. 143 this week compared to 152 the previous week.

Aurora-22 Bolingbrook-12

Naperville-18 Plainfield-20

St Charles-10 Yorkville-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323 — Under contract stats for week ending September 23rd

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 525 416 453

Totals 6302 5838 6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

If there is any other information that you are looking for let us know and we will point you in the right direction.

All data provided today is from our MLS, MRED,LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices September 23rd. Have an awesome week!!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

Fox Valley home prices August 12th

Posted on August 12, 2023August 12, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 12th

Fox Valley home prices August 12th. It looks like a roller coaster with temps for the next couple of weeks. Highs range from 70-88 during the day and lows from 53-72 at night. Possible rain on Monday.

New listings are pretty consistent. 179 this week compared to 185 the previous week.

Closed listings are down. 176 this week compared to 211 the previous week.

Aurora-New 28 $187,500-$575,000

Closed-22 $127,500-$955,000

Bolingbrook-New 14 $255,000-$525,000

Closed-12 $233,000-$910,000

Naperville-New 38 $299,000-$2,999,995

Closed-29 $270,000-$1,700,000

Plainfield-New 18 $324,900-$845,000

Closed-25 $245,000-$1,117,561

St Charles-New 9 $275,000-$659,000

Closed-22 $150,000-$1,317,000

Yorkville-New 12 $275,000-$519,990

Closed-12 $305,000-$915,000

These are the communities with the most activity this week. Click on the photo above to see the price ranges of other communities that also had activity.

Financing used, median prices, and 2,000 SF or more

Median list price this week is the same as last week $449,900.

Closed listings this week $449,945, last week $442,000.

First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000. What a difference!

Stats 081223 — Stats for week ending August 12th

Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.

Conv 081223 — Conventional financing used to close for week ending August 12th

Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.

Cash 081223 — Cash used to close for week ending August 12th

FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.

FHA 081223 — FHA financing used to close for week ending August 12th

VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.

VA 081223 — VA financing used to close for week ending August 12th

2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time. Minimum price this week $233,000, last week $245,000.

2000 SF or more 081223 — 2,000 SF or more closed for week ending August 12th

Under contract this week

Homes under contract this week are consistent. 186 this week compared to 194 the previous week.

Aurora-35 Naperville-28

Plainfield-24 St Charles-13

Yorkville-11

1 short sale was accepted by a seller this week. It was in Aurora. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 1 with 48 hours, and 4 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.

Under contract 081223 — Under contract median price for week ending August 12th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 364 387 380

Totals 5272 4821 5667

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare to.

Resources

Click on everything that is bold and underlined to take you to the site for the information. If you are looking for other information not here let us know. We will point you in the right direction.

If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell. Many factors go into this so we will update you when an offer comes in and we know all the terms agreed to.

You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for. You can also keep track of your neighborhood prices.

Search for a home anytime you like.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices August 12th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices July 15th

Posted on July 15, 2023July 15, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 15th

Fox Valley home prices July 15th. We have finally gotten some much needed rain. The grass is green again.

New listings this week are slightly up. 206 this week compared to 175 the previous week.

Closed listings are consistent. 180 this week compared to 173 the previous week.

Aurora-New 28 $179,900-$835,000

Closed-29 $165,000-$850,000

Batavia-New 10 $165,000-$750,000

Closed-5 $350,000-$740,000

Bolingbrook-New 14 $269,900-$829,900

Closed-14 $250,000-$910,000

Naperville-New 40 $294,900-$5,595,000

Closed-40 $395,000-$1,900,000

Oswego-New 12 $299,000-$489,000

Closed-4 $380,000-$490,000

Plainfield-New 25 $220,000-$959,900

Closed-23 $264,900-$970,000

St Charles-New 10 $355,000-$2,990,000

Closed-16 $250,000-$890,000

Check out the other communities that had activity this week in the photo above.

Financing most used, median prices, and 2,000 SF or more

Median list price this week $441,250, last week $423,384.

Closed median price this week $450,000, last week $420,000.

Stats 071523 — Stats for week ending July 15th

Conventional financing was used to close on 129 homes this week at median price $487,500 with 26 days average market time, last week 137 homes at median price $445,000 with 29 days average market time.

Conv 071523 — Conventional financing used to close for week ending July 15th

Cash was used to close on 28 homes this week at median price $457,500 with 29 days average market time, last week 19 homes at median price $442,000 with 12 days average market time.

Cash 071523 — Cash used to close for week ending July 15th

FHA financing was used to close on 18 homes at median price $403,732 with 34 days average market time, last week 12 homes at median price $328,000 with 4 days average market time.

FHA 071523 — FHA financing used to close for week ending July 15th

VA financing was used to close on 5 homes at median price $390,000 with 21 days average market time, last week 4 homes at median price $290,000 with 28 days average market time.

VA 071523 — VA financing used to close for week ending July 15th

2,000 square feet or more closed on 119 homes this week at median price $530,000 with 32 days average market time. last week 97 homes at median price $515,000 with 32 days average market time. Minimum price this week $178,000, last week $284,000.

2000 SF or more 071523 — 2,000 SF or more closed for week ending July 15th.

71% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are slightly up. 207 this week compared to 186 the previous week.

Aurora-34 Bolingbrook-17

Naperville-34 Oswego-11

Plainfield-28 St Charles-14

Yorkville-11

1 short sale was accepted by a seller this week. It was in Naperville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours and 2 with 48 hours.

Homes that went under contract this week had a median price $410,000 with 36 days average market time, last week $400,000 with 30 days average market time.

Under contract 071523 — Under contract for week ending July 15th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 381 353 393

Totals 7960 4042 4875

Homes sell throughout the year. Some months are busier than others.

Resources

Click on everything that is bold and underlined to take you to the site for the information.

If you are thinking about selling request a home valuation so we can let you know about what your home is worth in today’s market. We can also provide you with a net proceeds that shows an estimate of expenses to sell.

You can sign-up for email alerts so you don’t miss out on a new listings with your criteria.

Search for a home anytime even if it is just to keep up with the home prices.

All data provided today is from our MLS, MRED, LLC. Data changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices July 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 10th

Posted on June 10, 2023June 10, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 10th

Fox Valley home prices June 10th. Weather continues to be in the 70 and 80’s getting down to the upper 50’s at night. Perfect if only we had some rain.

New listings this week are down. 212 this week compared to 231 the previous week.

Closed listings are also down. 171 this week compared to 237 the previous week.

Aurora-New 27 $157,000-$790,000

Closed-24 $165,900-$565,000

Batavia-New 8 $415,000-$795,000

Closed-11 $290,000-$795,000

Bolingbrook-New 16 $247,000-$589,000

Closed-14 $250,000-$615,000

Naperville-New 54 $350,000-$1,995,000

Closed-34 $427,000-$1,325,000

Plainfield-New 34 $289,000-$775,000

Closed-24 $240,000-$648,861

St Charles-New 13 $239,900-$775,000

Closed-6 $325,000-$560,000

Yorkville-New 12 $389,900-$707,000

Closed-7 $364,900-$525,000

Other communities had activity this week. Click on the photo above to see the price ranges in those communities. We just highlight the most active. If you would like me to email you a copy let me know at besthomesfv@gmail.com.

Financing used, median prices, and 2,000 SF or more

Median list price this week $449,900, last week $420,000

Closed median price this week $445,000, last week $420,100.

Stats 061023 — Stats for week ending June 10th

Conventional financing was used to close on 132 homes this week at median price $452,500 with 22 days average market time, last week 168 homes at median price $437,500 with 22 days average market time.

Conv 061023 — Conventional financing used to close for week ending June 10th

Cash was used to close on 26 homes this week at median price $448,500 with 34 days average market time, last week 33 homes at median price $425,000 with 20 days average market time.

Cash 061023 — Cash used to close for week ending June 10th

FHA financing used to close on 6 homes this week at median price $349,990 with 7 days average market time, last week 20 homes at median price $337,750 with 43 days average market time.

FHA 061023 — FHA financing used to close for week ending June 10th

VA financing was used to close on 6 homes this week at median price $416,225 with 25 days average market time, last week 14 homes at median price $412,500 with 15 days average market time.

VA 061023 — VA financing used to close for week ending June 10th

2,000 Square feet or more closed on 105 homes at median price $523,000 with 24 days average market time, last week 142 homes at median price $510,000 with 26 days average market time. Minimum price this week $247,500, last week $255,000.

2000 SF or more 061023 — 2,000 SF or more homes closed for week ending June 10th

77% of homes closed this week using Conventional financing. The trend continues in our area.

Under contract this week

Homes that went under contract this week are up. 188 this week compared to 156 the previous week.

Aurora-24 Bolingbrook-14

Geneva-14 Naperville-27

Plainfield-23 St Charles-16

Yorkville-13

1 short sale was accepted by a seller this week. It was in St Charles. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 48 hours.

Homes under contract this week had a median price $425,000 with 33 days average market time, last week $430,000 with 31 days average market time.

Under contract 061023 — Under contract stats for week ending June 10th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 443 408 344

Totals 3556 3038 3900

Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022, and 2021 so you have something to compare too.

New listings are more than closed listings, that is a good thing to see. We still need more listings in different price ranges so everyone has something to choose from.

Under contract listings sometimes come back on the market. That is why they are higher than closed listings.

Resources

Click on everything that is underlined and bold in the bullet points to take you to the site for the information.

Also check with your loan officer to see if they have any programs to help get you into a home.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices June 10th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 27th

Posted on May 27, 2023May 27, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 27th

Fox Valley home prices May 27th. The weather is perfect. Sunny and warm temperatures. A little too sunny though, we don’t expect to get any rain for another week. It is really getting dry.

New listings are down. 158 this week compared to 181 the previous week.

Closed listing are up. 165 this week compared to 148 the previous week.

Aurora-New 17 $205,000-$999,999

Closed-21 $218,000-$715,000

Batavia-New 7 $389,900-$1,399,000

Closed-11 $226,000-$875,000

Naperville-New 35 $385,000-$1,600,000

Closed-28 $360,000-$1,557,000

Plainfield-New 28 $285,000-$1,100,000

Closed-26 $320,000-$1,045,000

Yorkville-New 12 $330,490-$649,900

Closed-6 $325,000-$485,000

There was activity in other communities. Click on the photo above to see the price ranges in those communities.

Financing used, median prices, and 2,000 SF or more

Median list price this week $445,000, last week $435,000

Closed median price this week $435,000, last week $420,000

Stats 052723 — Stats for week ending May 27th

Conventional financing was used to close on 119 homes this week at median price $440,000 with 24 days average market time, last week 116 homes at median price $430,000 with 21 days average market time.

Conv 052723 — Conventional financing used to close for week ending May 27th

Cash was used to close on 30 homes this week at median price $470,000 with 27 days average market time, last week 17 homes at median price $586,305 with 11 days average market time.

Cash 052723 — Cash used to close for week ending May 27th

FHA financing was used to close on 15 homes this week at median price $335,500 with 26 days average market time, last week 14 homes at median price $345,500 with 37 days average market time.

FHA 052723 — FHA financing used to close for week ending May 27th

VA financing was used to close on 2 homes this week at median price $373,450 with 70 days average market time, last week 1 home at $375,000 with 7 days average market time.

VA 052723 — VA financing used to close for week ending May 27th

2,000 square feet or more closed on 107 homes this week at median price $522,000 with 32 days average market time, last week 94 homes at median price $485,000 with 25 days average market time. Minimum price this week $280,000, last week $140,000.

2000 SF or more 052723 — 2,000 SF or more closed for week ending May 27th

Slightly over 72% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract are consistent. 197 this week compared to 193 the previous week.

Aurora-24 Bolingbrook-19

Naperville-38 Plainfield-23

St Charles-16 Yorkville-11

No short sales were accepted this week.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 5 with 48 hours, and 4 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $419,900 with 32 days average market time, last week $400,000 also with 32 days average market time.

Under contract 052723 — Under contract for week ending May 27th

2023 by the month and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

Totals 3113 2630 3556

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

Totals 3948 3775 4377

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

Totals 4191 4566 5738

You can see new listings have steadily declined every year. So have closed listings. The need for housing has not declined. Some have given up finding a home and are either living with family or renting. Rentals are also hard to find.

Keep an open mind when looking for a home. You might need to drive a little farther or find a home and make adjustments to the home.

Resources

Click on each underlined bullet point to take you to the site for the information.

Talk to your loan officer to see what programs they offer.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices May 27th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 6th

Posted on May 6, 2023May 6, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 6th

Fox Valley home prices May 6th. We are finally seeing the 70’s. It should continue for the next couple of weeks.

New listings this week are up. 201 this week compared to 165 the previous week.

Closed listings are down. 161 this week compared to 194 the previous week.

Aurora-New 31 $190,000-$750,000

Closed-18 $184,000-$704,654

Bolingbrook-New 12 $254,900-$756,649

Closed-8 $190,000-$400,000

Naperville-New 37 $365,000-$1,900,000

Closed-34 $392,500-$2,050,000

Oswego-New 10 $279,000-$1,695,000

Closed-11 $315,000-$599,000

Plainfield-New 32 $279,000-$659,000

Closed-23 $235,000-$549,900

St Charles-New 17 $219,900-$875,000

Closed-14 $269,000-$765,000

Click on photo above to see other communities that had activity this week.

Financing used, median prices, and 2,000 SF or more

Median list price this week $429,900, last week $429,999.

Closed median price this week $401,500, last week $422,500.

Stats 050623 — Stats for week ending May 6th

Conventional financing was used to close on 121 homes this week at median price $419,000 with 17 days average market time, last week 142 homes at median price $437,500 with 45 days average market time.

Conv 050623 — Conventional financing used to close for week ending May 6th

Cash was used to close on 21 homes this week at median price $410,500 with 63 days average market time, last week 26 homes at median price $410,000 with 94 days average market time.

Cash 050623 — Cash used to close for week ending May 6th

FHA financing was used to close on 15 homes this week at median price $337,500 with 56 days average market time, last week 16 homes at median price $343,565 with 51 days average market time.

FHA 050623 — FHA financing used to close for week ending May 6th

VA financing was used to close on 3 homes this week at median price $379,900 with 5 days average market time, last week 10 homes at median price $362,445 with 52 days average market time.

VA 050623 — VA financing used to close for week ending May 6th

2,000 square feet or more closed on 100 homes this week at median price $488,000 with 28 days average market time, last week 114 homes at median price $490,790 with 69 days average market time. Minimum price this week $310,000, last week $165,000.

2000 SF or more 050623 — 2000 SF or more closed for week ending May 6th

Slightly over 75% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are exactly the same as last week. 194 for both weeks.

Aurora-28 Batavia-13

Bolingbrook-22 Geneva-10

Naperville-28 Plainfield-22

St Charles-11 West Chicago-10

No short sales were accepted this week by seller’s.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on a buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Homes that went under contract this week had a median price $399,450 with 27 days average market time, last week $417,706 with 35 days average market time.

Under Contract stats 050623 — Under contract for week ending May 6th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 201 161 194

Totals 2579 2188 2934

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you can compare how this year is going.

Resources

Click on each bullet point to take you to the site for the information.

If you are looking for information not listed above let us know so we can point you in the right direction.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal.

Fox Valley home prices May 6th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 29th

Posted on April 29, 2023April 29, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 29th

Fox Valley home prices April 29th. Raining now and for the next few days with temperature at 51 before heading back in to the 60’s next week.

New listings are down. 165 this week compared to 183 the previous week.

Closed listings are up. 194 this week compared to 132 the previous week.

Aurora-New 16 $199,000-$685,000

Closed-18 $230,000-$552,978

Batavia-New 11 $275,000-$899,900

Closed-2 $270,000-$375,815

Bolingbrook-New 15 $249,990-$639,900

Closed-11 $230,000-$695,000

Naperville-New 32 $385,000-$1,745,000

Closed-41 $364,000-$1,330,000

Oswego-New 6 $239,900-$600,000

Closed-18 $300,000-$515,434

Plainfield-New 20 $289,900-$785,000

Closed-30 $240,000-$795,255

St Charles-New 12 $250,000-$1,249,000

Closed-5 $199,900-$630,000

Other communities had activity this week. Click on photo above to see them.

Financing used, median prices, and 2,000 SF or more

Median list price this week $429,999, last week $399,000.

Closed median price this week $422,500, last week $372,500

Stats 042923 — Stats for week ending April 29th

Conventional financing was used to close on 142 homes this week at median price $437,500 with 45 days average market time, last week 99 homes at median price $384,765 with 44 days average market time.

Conv 042923 — Conventional financing used to close for week ending April 29th

Cash was used to close on 26 homes this week at median price $410,000 with 94 days average market time, last week 16 homes at median price $390,000 with 58 days average market time.

Cash 042923 — Cash used to close for week ending April 29th

FHA financing was used to close on 16 homes this week at median price $343,565 with 51 days average market time, last week 10 homes at median price $226,000 with 58 days average market time.

FHA 042923 — FHA financing used to close for week ending April 29th

VA financing was used to close on 10 homes this week at median price $362,445 with 52 days average market time, last week 5 homes at median price $410,000 with 76 days average market time.

VA 042923 — VA financing used to close for week ending April 29th

2,000 Square feet or more closed on 114 homes this week at median price $490,790 with 69 days average market time, last week 65 homes at median price $470,000 with 62 days average market time. Minimum price this week $165,000, last week $200,000.

2000 SF or more 042923 — 2,000 SF or more for week ending April 29th

73% of homes this week closed using Conventional financing.

Under contract this week

Homes that went under contract this week is slightly down. 194 this week compared to 218 the previous week.

Aurora-30 Bolingbrook-15

Naperville-32 Plainfield-29

Yorkville-14

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 4 with 48 hours, and 3 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, and 4 with 48 hours.

2023 by the week and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

Totals 2378 2027 2740

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

Totals 2847 2882 3571

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1385

Totals 3103 3278 4447

New listings steadily decline each year. You can see why the prices are increasing. We need more housing at every price range.

Resources

Click on each bullet point to take you to the site for the information.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices April 29th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR. SRS. SRES. AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 22nd

Posted on April 22, 2023April 22, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 22nd

Fox Valley home prices April 22nd. We have a freeze warning tonight and we have had quite a few bad storms lately. Next week it should be in the 50 and 60’s. Hopefully the temps will even out soon.

New listings this week are down. 183 this week compared to 220 the previous week.

Closed listings are up. 132 this week compared to 108 the previous week.

Aurora-New 22 $200,000-$675,900

Closed-16 $179,000-$550,000

Bolingbrook-New 19 $225,000-$799,000

Closed-7 $200,000-$464,444

Geneva-New 16 $259,900-$1,429,900

Closed-5 $350,000-$755,000

Naperville-New 30 $300,000-$2,340,000

Closed-22 $320,000-1,575,000

Plainfield-New 24 $298,500-$724,900

Closed-24 $250,000-$580,000

Click on the photo above to see other communities that had activity this week. We just highlighted the ones with the most activity.

Financing used, median price, and 2,000 SF or more

Median list price this week $399,000, last week $442,500.

Closed median price this week $372,500, last week $400,500.

Stats 042223 — Stats for week ending April 22nd

Conventional financing was used to close on 99 homes at median price $384,765 with 44 days average market time, last week 83 homes at median price $410,000 with 45 days average market time.

Conv 042223 — Conventional financing used to close for week ending April 22nd

Cash was used to close on 16 homes this week at median price $390,000 with 58 days average market time, last week 14 homes at median price $337,500 with 14 days average market time.

Cash 042223 — Cash used to close for week ending April 22nd

FHA financing used to close on 10 homes at median price $226,000 with 58 days average market time, last week 8 homes at median price $344,950 with 42 days average market time.

FHA 042223 — FHA financing used to close for week ending April 22nd

VA financing used to close on 5 homes this week at median price $410,000 with 76 days average market time, last week 4 homes at median price $404,820 with 21 days average market time.

VA 042223 — VA financing used to close for week ending April 22nd

2,000 square feet or more closed on 65 homes at median price $470,000 with 62 days average market time, last week 67 homes at median price $455,490 with 37 days average market time. Minimum price this week $200,000, last week $325,000.

2000 SF or more 042223 — 2,000 SF or more for week ending April 22nd

75% of homes closed this week used Conventional financing.

Under contract this week

Under contract this week are up. 218 this week compared to 189 the previous week.

Aurora-30 Bolingbrook-17

Geneva-17 Naperville-35

Oswego-10 Plainfield-30

St Charles-13 Yorkville-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 1 with 48 hours, and 1 with 24 hours.

Under contract median price this week $425,000 with 29 days average market time, last week median price $415,000 with 33 days average market time.

Under contract stats 042223 — Under contract for week ending April 22nd

2023 by the month

Month New Closed Under Contract

January 483 326 470

February 630 526 789

March 555 558 726

April 545 423 561

Totals 2213 1833 2546

Resources

Click on each bullet point to take you to the site for the information.

All data is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices April 22nd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101