Fox Valley Market Update June 15 2019

Fox Valley Market Update June 15 2019

Fox Valley market update June 15 2019.  New listings of single family homes were up this week.  433 new this week compared to 401 the week before.  This should make buyer’s happy if they are in the price ranges that they are looking in.

2019 new listings of single family homes by the month:

  • January-878
  • February-1.032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-834

Closing this week were slightly down. 294 this week compared to 326 the week before.  These numbers will increase as we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-620

So far May is the biggest month for new listings and closings.

Take a look at the communities with the most activity this week:

Aurora-New 44 $109,900-$529,900                                          Closed-34 $106,000-$385,000

Batavia-New 17 $99,900-$559,870                                           Closed-12 $265,968-$482,500

Bolingbrook-New 37 $144,900-$749,000                                 Closed-16 $194,900-$385,000

Geneva-New 24 $227,500-$929,999                                        Closed-17 $229,000-$485,000

Naperville-New 76 $290,000-$1,279,000                                Closed-54 $252,000-$1,340,476

Oswego-New 24 $229,900-$375,000                                      Closed-20 $212,000-$395,000

Plainfield-New 59 $169,900-$975,000                                    Closed-32 $178,000-$765,000

Plano-New 10 $149,900-$289,900                                         Closed-3 $186,000-$265,000

St Charles/Campton Hills-New 39 $149,900-$1,299,000        Closed-25 $145,000-$833,920

Sycamore-New 10 $235,000-$409,000                                   Closed-10 $140,000-$306,000

West Chicago-New 12 $176,000-$500,000                             Closed-12 $145,000-$642,500

Yorkville-New 22 $184,700-$564,900                                     Closed-11 $211,000-$363,500

Contracts accepted this week

Fox Valley Market Update June 15 2019-Contracts accepted this week

Contracts of single family homes were slightly  down this week.  317 this week compared to 336 the week before.  That is not too far off.  So many people are busy with the end of school and graduations.  Some even out of town.

Look at the communities this week that seller’s accepted the most contracts:

Aurora-46                            Bolingbrook-22                                   Geneva-15

Naperville-48                       North Aurora-10                                 Oswego-18

Plainfield-43                        St Charles/Campton Hills-26               Yorkville-18

Contracts accepted by the month for 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-653

This gives you an idea of the closings to come and which months buyer’s found a home an acted on it.  So far May has been the best month to list a home, close on a home and get a contract accepted on a home.

Short sales accepted this week were still low.  2 accepted this week by seller’s compared to 1 the week before.  This week there was 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept as written.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 10 with a kick-out clause of 72 hours, 16 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer’s selling and closing on their current home.  4 with a 72 hour kick-out clause, 4 with 48 hours and 3 with 24 hours.

Contact us

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

Check out these resources:

Fox Valley market update June 15 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

You might also like trying out this way to search for a home.  If you click on satellite view you an see from above the home to see how it is situated on the property.  If it is a corner lot or what else is for sale in the area.  Try it out and let me know what you think! 

Fox Valley Market Update June 8 2019

Fox Valley Market Update June 8 2019

Fox Valley market update June 8 2019.  New listings of single family homes were up this week!  401 this week compared to 359 the week before.  Good news for buyer’s that are out there trying to find a home.

2019 new listings of single family homes month by month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-401

Closed single family homes were also up.  326 this week compared to 296 the week before.  That is surprising for the beginning of the month.  Most buyer’s want to close at the end of the month.  

Closed single family homes 2019 month by month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-326

So far May is the busiest month for both new listings and closed single family homes.

Take a look at the communities with the most activity this week:

Aurora-New 43 $89,900-$539,900                                              Closed-44 $115,000-$706,000

Batavia-New 14 $269,250-$799,900                                           Closed-12 $228,000-$464,000

Bolingbrook-New 24 $159,999-$575,000                                   Closed-28 $149,000-$400,000

Geneva-New 26 $225,000-$1,599,000                                        Closed-13 $250,000-$598,500

Montgomery-New 14 $135,076-$325,000                                   Closed-10 $210,000-$300,000

Naperville-New 72 $259,900-$2,550,000                                    Closed-62 $255,000-$1,262,000

North Aurora-New 12 $245,000-$499,900                                 Closed-5 $205,000-$342,700

Oswego-New 18 $209,000-$659,000                                          Closed-22 $135,000-$492,500

Plainfield-New 39 $174,900-$599,900                                        Closed-44 $169,900-$517,000

St Charles/Campton Hills-New 36 $149,900-$775,000               Closed-19 $167,000-$995,000

West Chicago-New 16 $150,000-$1,200,000                              Closed-6 $141,000-$570,000

Yorkville-New 13 $229,900-$425,000                                          Closed-18 $215,000-$515,000

Contracts accepted this week

Fox Valley Market Update June 8 2019-Contracts accepted this week

Contracts on single family homes were up this week.  336 this week compared to 285 the week before.  This next week should be good as well with all the new listings.

Contracts accepted 2019 month by month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-336

These numbers, even though we do not know if they will all close, give you an idea of closings to come.  It shows you which months are more active with buyer’s out there ready to buy.

Communities this week that seller’s accepted the most contracts:

Aurora-44                                Batavia-11                          Bolingbrook-28                              Geneva-10

Montgomery-17                       Naperville-61                      Oswego-14                                     Plainfield-44

St Charles/Campton Hills-26   West Chicago-11                 Yorkville-10

There was only 1 short sales accepted by a seller this week and it was in Plainfield.  Last week there were 2.  We are happy to see these numbers remain low.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 4 with 24 hours.

Contact us

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

Resources to check out:

We want to explain the process to you so you feel comfortable with your decisions.  We guide you through the process.

Fox Valley market update June 8 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

Check out another way to search for a home.  You can click on the satellite view and see if the home you want to see is on a corner lot, has a fenced in back yard or what else if for sale near by. 

Fox Valley Market Update June 1 2019

Fox Valley Market Update June 1 2019

Fox Valley market update June 1 2019.  New listings of single family homes were down this week.  359 this week compared to 402 the week before.  Holidays do have an impact.  It was a shorter week with Memorial Day on Monday this last week.  Most schools are now out so things will get back to normal.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004

Closings this week of single family homes were up this week.  296 this week compared to 236 the week before.  End of the month is when most buyer’s want to close.

Closings of single family homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,095

May has turned out to be the best month so far for new listings and the amount of closings in the Fox Valley.  We are looking forward to starting a new month!

Take a look at the communities with the most activity this week:

Aurora-New 38 $130,000-$925,900                                          Closed-38 $78,000-$420,000

Batavia-New 18 $215,000-$599,000                                         Closed-8 $249,900-$630,000

Bolingbrook-New 25 $175,000-$529,000                                 Closed-16 $161,000-$586,000

Geneva-New 14 $299,000-$949,900                                        Closed-10 $181,000-$2,100,000

Montgomery-New 14 $179,900-$325,000                               Closed-20 $141,000-$303,000

Naperville-New 77 $310,000-$999,000                                    Closed-50 $241,000-$2,374,029

Oswego-New 15 $192,000-$944,000                                       Closed-15 $100,000-$940,001

Plainfield-New 40 $194,999-$620,000                                     Closed-30 $148,000-$425,000

St Charles/Campton Hills-New 32 $185,000-$1,095,000         Closed-23 $180,000-$774,000

West Chicago-New 11 $209,900-$699,900                              Closed-10 $179,900-$420,000

Yorkville-New 13 $223,000-$549,900                                       Closed-12 $156,000-$485,000

Contracts accepted this week

Fox Valley Market Update June 1 2019-Contracts accepted this week

Contracts accepted of single family homes this week were down.  285 this week compared to 333 the week before.  Now that the holiday is over things should get back to normal.

2019 contracts accepted of single family homes by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665

The end of June and into July should have a good number of closings.  May is the best month so far for activity in the Fox Valley.

Take a look at the communities that seller’s accepted the most contracts:

Aurora-39                          Bolingbrook-23                        Montgomery-15                                   Naperville-50

Oswego-23                        Plainfield-37                             St Charles/Campton Hills-25

Accepted contracts on short sales of single family homes was also down.  2 this week compared to 4 the week before.  There was 1 each in Montgomery and Naperville.

Contracts were accepted on homes that are contingent on the buyer closing on their current home.  9 with a kick-out clause of 72 hours, 19 with 48 hours and 5 with 24 hours.

Seller’s also accepted contracts on homes that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104 , Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best.

Now that school is out it is a great time to get your home on the market.  Hopefully we are coming to the end of all the rain we have been having so you can get your yard and flower beds in shape to welcome buyers.

Resources to check out:

Fox Valley market update June 1 2019.  Have a great week!  Let us know what questions you have.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Try a different way of searching.  Click on the satellite view so you can see if the home has a yard, is on a corner lot or any other homes for sale there and how much. 

Fox Valley Market Update May 4 2019

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019.  New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before.  We love a consistent market!  If you can’t find a home in the community you are currently looking in with the price range you need.  Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-403

Closed listings this week were way up.  301 this week compared to 208 the week before.  Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days.  Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900                                                     Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000                                                   Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000                                            Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900                                                    Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900                                           Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000                                            Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900                                                  Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900                                                Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000                    Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800                                          Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000                                                  Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000                                                  Closed-12 $187,000-$392,000

Contracts accepted this week

Fox Valley Market Update May 4 2019-Contracts accepted this week

Contracts accepted by Sellers was up slightly this week.  338 this week compared to 311 the week before.  We have had nothing but rain. It has not kept the Buyers away though.  They know that they better look now or they will miss out on a property.  You can’t sit back and wait for a better time.

Look at the communities that Sellers accepted the most contracts this week:

Aurora-45                                Bolingbrook-20                                 Geneva-12                              Montgomery-10

Naperville-58                           North Aurora-14                                Oswego-20                             Plainfield-46

St Charles/Campton Hills-17   Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-338

So far this year March has been the best month over all.  May is looking like the month to pass up March. We are off to a great start this month.  Don’t sit back and wait.  It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before.   3 both weeks.  Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

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

Contact us to update the market value on your home.  We will provide you with a net proceeds that gives you and estimate of expenses to sell.  We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might want to try this tool  and see if you like it better for your search.  You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood. 

Market Update Fox Valley-March 23 2019

Market Update Fox Valley-March 23 2019

Market update Fox Valley-March 23 2019.  New listings of homes this week were consistent with last week.  359 this week compared to 350 last week.

New listings so far this year:

  • January-878
  • February-1,032
  • March so far 1,380

We still have 8 days left of the month.  You can see how things are progressing.  Spring is here and the weather is starting to improve.  If you want to sell this year now is the time to do it.

Closed listings of homes this week were slightly up.  175 this week compared to 166 last week.  These numbers will increase next week because it is the last full week of the month.  That is when most Buyers want to close.

Closing so far this year:

  • January-407
  • February-465
  • March so far-715

The numbers for March might double February totals.

Take a look at the activity this week:

Aurora-New 40 $100,000-$498,000                                      Closed-25 $125,000-$572,000

Batavia-New 13 $172,500-$585,000                                     Closed-3 $112,000-$455,000

Bolingbrook-New 24 $225,000-$475,000                             Closed-17 $152,500-$442,000

Elburn-New 10 $267,900-$995,000                                      Closed-3 $282,000-$450,000

Geneva-New 14 $294,900-$975,000                                     Closed-11 $190,000-$1,000,000

Montgomery-New 17 $145,000-$314,900                            Closed-10 $129,000-$269,900

Naperville-New 80 $250,000-$1,590,000                             Closed-23 $270,000-$1,450,000

Oswego-New 18 $180,000-$539,000                                    Closed-7 $258,000-$473,404

Plainfield-New 38 $179,900-$699,990                                  Closed-26 $165,000-$890,000

St Charles/Campton Hills-New 34 $174,900-$1,995,000      Closed-9 $200,000-$441,000

West Chicago-New 11 $188,000-$479,900                           Closed-5 $155,000-$331,000

Yorkville-New 14 $224,900-$1,049,900                                Closed-9 $200,000-$455,000

Contracts Accepted this Week

Market Update Fox Valley-March 23 2019-Contracts Accepted this Week

Contracts accepted this week were up.  304 this week compared to 283 last week.  These numbers will continue to go up if the inventory of homes continues to go up.

Take a look at the numbers so far this year:

  • January-608
  • February-832
  • March so far-1,078

The numbers are steadily rising.

Take a look at the communities Sellers accepted the most contracts this week:

Aurora-50                        Bolingbrook-25                         Geneva-10                           Naperville-52                     Oswego-19

Plainfield-44                    St Charles/Campton Hills-20     West Chicago-13                  Yorkville-13

Short Sales this week were half of what they were the week before.  4 this week compared to 9 the week before.  There were 2 in Aurora and 1 each in Plainfield and Sandwich.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  6 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

Contact us

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

Let us update the value of your home in the current market and provide you with an estimate of net proceeds that shows you the expenses to sell.  We will update this when an offer comes in and we know all the terms.

If you are thinking about purchasing a home your first step is to call a loan officer to get pre-qualified.  If you need recommendations we can provide you with some.

Resources to check out:

Market update Fox Valley-March 23 2019. Have a great week!  Let us know what questions we can answer for you.

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A different way to search for a home.  Check it out here

 

Market Update Fox Valley-March 9 2019

Market Update Fox Valley-March 9 2019

Market update Fox Valley-March 9 2019.  Spring market is here and pretty consistent so far. 327 new listings of homes this week compared to 344 last week.

  • January total new listings of homes-878
  • February-1,032
  • March so far 671

We are only 9 days into March and look at it compared to January.  We are on our way at passing up the totals for February as well.

Closed homes this week were down but that is to be expected with the beginning of the month. 131 this week compared to 243 last week.

  • January closed homes-407
  • February-465
  • March so far 374

The numbers should increase as the month continues. You do not want to miss this market if you are wanting to sell this year.  It is time to get your home on the market.

Take a look at the communities with the most activity this week:

Aurora-New 32 $132,000-$585,000                                       Closed-25 $80,000-$385,000

Batavia-New 13 $210,000-$875,000                                      Closed-4 $219,000-$475,000

Bolingbrook-New 22 $134,900-$539,000                              Closed-9 $155,000-$325,000

Geneva-New 13 $239,000-$819,900                                      Closed-7 $255,000-$363,500

Naperville-New $84 $289,900-$1,569,000                            Closed-21 $295,500-$955,000

Oswego-New 22 $172,500-$1,000,000                                  Closed-6 $212,000-$725,000

Plainfield-New 36 $159,900-$695,000                                   Closed-13 $154,100-$540,000

St Charles/Campton Hills-New 28 $100,000-$3,895,000       Closed-7 $275,000-$1,000,000

Contracts Accepted this Week

Market Update Fox Valley-March 9 2019-Contracts Accepted this Week

Contracts accepted this week were higher than last week.  267 this week compared to 224 last week.  Increased inventory really helped with these numbers this week.

  • January contracts accepted 608
  • February 832
  • March so far 491

We are definitely passing up January numbers and are already passed the halfway mark with February numbers.  March should be a fantastic month if new homes continue to come on the market.  Inventory of homes to show buyers has been an issue for the last couple of years.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-44                           Bolingbrook-24                           Montgomery-13                                 Naperville-54

Oswego-13                          Plainfield-25                                St Charles/Campton Hills-18

Short sale contracts accepted this week by Sellers increased this week. 8 this week compared to 2 last week.  1 each in Aurora, Bolingbrook, North Aurora, Plano, St Charles/Campton Hills and Sugar Grove.  2 in Montgomery.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home.  5 with a kick-out clause of 72 hours, 7 with 48 hours and 3 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  2 with a kick-out clause of  72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Our goal is to negotiate price and terms that are best whether you are buying or selling a home.  Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101

Are you thinking about selling? We will update the value of your home for today’s market.  We will provide you with a net proceeds that shows you an estimate of the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home?  Your first step is to call a loan officer to get pre-qualified so you know the type of loan and the price range that will work out best.  They will provide you with a letter showing what you are pre-qualified for and that will go with an offer when you find the right home.

Resources to check out:

Market update Fox Valley-March 9 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

New tool to search you can see a birds eye view of the home and neighborhood so you can see where it is within the block.

Market Update Fox Valley-March 2 2019

Market Update Fox Valley-March 2 2019

Market Update Fox Valley-March 2 2019.  Spring market is here!  We went into high gear this week.  344 new listings of homes this week compared to 261 last week.  January saw 878 new listings of homes, February saw 1,032 and this week 344.

Closed listings this week were also up.  243 this week compared to 120 the week before.  Most of those were the end of the month of February.  January saw 407 closing for the whole month, February saw 465.

Take a look at the communities that had the most activity this week:

Aurora-New 42 $49,900-$429,000                                              Closed-48 $80,000-$583,000

Batavia-New 13 $199,000-$799,900                                           Closed-5 $175,000-$717,850

Bolingbrook-New 17 $159,900-$439,900                                   Closed-16 $179,000-$367,500

Geneva-New 16 $289,000-$725,000                                          Closed-10 $165,000-$599,900

Naperville-New 80 $255,000-$1,850,000                                   Closed-32 $225,000-$1,191,800

Oswego-New 12 $194,900-$354,900                                         Closed-19 $157,000-$515,000

Plainfield-New 37 $169,900-$749,900                                       Closed-25 $174,000-$565,000

St Charles/Campton Hills-New 29 $219,900-$1,975,000           Closed-15 $195,000-$602,500

West Chicago-New 19 $129,900-$799,000                                 Closed-12 $108,000-$532,000

Yorkville-New 11 $214,900-$369,500                                         Closed-8 $191,000-$285,000

If you are thinking about buying or selling this year now is the time!  Don’t miss out on Spring market.

Contracts Accepted this Week

Market Update Fox Valley-March 2 2019-Contracts Accepted this Week

Contracts accepted this week were up slightly up.  224 this week compared to 218 last week.  There are more homes on the market now to view so these numbers should go up next week.  You need to be ready to go just in case you find a home.  Your pre-qualifying letter should be no more than 30 days old.   If it is, contact your loan officer to update it.   

Take a look at the communities Sellers accepted the most contracts this week:

Aurora-31                   Bolingbrook-18                   Geneva-10                  Montgomery-10                      Naperville-37

Oswego-14                 Plainfield-27                        St Charles/Campton Hills-13                                       West Chicago010

Short sales accepted by Sellers were about the same.  2 this week compared to 3 last week.  Both of them were in Bolingbrook. 

Sellers accepted contracts that are contingent on the Buyer closing on their home before purchasing.  5 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling their current home and closing before purchasing.  2 with a kick-out clause of 72 hours, 4 with 48 hours and 2 with 24 hours.   

Contact us

Call us at 630-503-6555 with any questions you have or advise on what you need to do to get your home ready to sell. We can provide you with a net proceeds that shows you an estimate of expenses to sell.  This will be updated when a offer comes in and we know all the terms of the offer.

If you are thinking about buying the first step is to get pre-qualified with a lender to see what type of loan and what price range will work for you so you don’t fall in love with a home that will not work.

Resources for you to check out:

Market Update Fox Valley-March 2 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

Market Update Fox Valley-February 23 2019

Market Update Fox Valley-February 23 2019

Market update Fox Valley-February 23 2019. Consistent describes the market this last week.  261 new listings this last week and 265 the week before.  The market is increasing as we head into Spring market though.  So far January had 878 New listing and February 1,032 and we still have 5 more days to go.

Closed listings this last week were also consistent.  120 this week compared to 118 the week before.  January there were 407 closed listings of homes and so far this month there have been 465.

Take a look at the communities that had the most activity this week:

Aurora-New 28 $125,500-$515,000                                           Closed-24 $72,000-$336,250

Batavia-New 11 $200,000-$525,000                                          Closed-1 $343,000

Bolingbrook-New 14 $177,900-$415,000                                  Closed-11 $136,500-$390,000

Geneva-New 18 $189,999-$750,000                                         Closed-4 $200,000-$658,500

Naperville-New 54 $275,000-$2,350,000                                  Closed-17 $299,423-$1,200,000

Oswego-New 18 $199,900-$1,200,000                                     Closed-7 $210,000-$469,028

Plainfield-New 31 $185,000-$799,900                                      Closed-11 $165,000-$465,000

St Charles/Campton Hills-New 25 $269,900-$1,295,000          Closed-11 $215,000-$460,000

Contracts Accepted this Week

Market Update Fox Valley-February 23 2019-Contracts Accepted this Week

Contracts accepted this week were also consistent.  218 this week compared to 224 the week before.  January there were 608 contracts accepted and so far February has had 832.  It gives you idea of the closings to come.

Take a look at the communities Sellers accepted the most contracts this week:

Aurora-29                         Batavia-13                     Bolingbrook-11                          Montgomery-11

Naperville-41                    Plainfield-29                  St Charles/Campton Hills-22

Short sale contracts accepted this week are still low.  3 this week compared to 6 the week before.  1 each in Bolingbrook, Minooka and Plainfield.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 4 with a kick-out clause of 72 hours and 3 with 48 hours.

Contracts were also accepted by Sellers that are contingent the Buyer still needs to sell and close on their current home before purchasing.  3 with a kick-out clause of 48 hours and 1 with 24 hours.

This is an update of Single-Family homes.  If you would like information on attached housing or Multi-units just let us know.  We would be happy to give you that information.  You can also go to a new prospecting tool that you can access information anytime you like.

Resources

Whether you are thinking of selling or buying a home our goal is to negotiate price and terms that are best. 

We can update the value on your home and provide you with a net proceeds so you can see the expenses to sell.

IF you are thinking of buying you need to get pre-qualified with a loan officer so you know the price range and what type of loan will work out best for your situation.

Resources to check out:

Market update Fox Valley-February 23 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-February 16, 2019

Market Update Fox Valley-February 16 2019Market update Fox Valley-February 16 2019.  New listings were down this week.  265 this week compared to 325 last week.  That puts at 771 for the month so far.  January New listings were 878 total so we are only halfway through the month and we have almost met last months total.  They will keep picking up as we head into Spring market.

Closed listings were up this week.  118 this week compared to 84 last week.  That puts us at 343 for the month so far. January Closed listings were 407 total.  We have almost met that total as well.  Closed listings should increase as we head into the end of the month when most Buyers like to close.

Take a look at the communities with the most activity this week:

Aurora-New 32 $118,000-$640,000                                        Closed-21 $90,000-$440,000

Bolingbrook-New 18 $149,000-$425,000                                Closed-12 $138,500-$346,000

Geneva-New 14 $249,900-$779,900                                       Closed-4 $268,000-$387,000

Montgomery-New 10 $167,000-$309,000                               Closed-4 $105,000-$242,500

Naperville-New 68 $225,000-1,050,000                                  Closed-17 $192,500-$550,000

Oswego-New 11 $230,000-$435,900                                      Closed-1 $160,000

Plainfield-New 22 $239,900-$625,000                                   Closed-14 $210,000-$385,000

St Charles/Campton Hills-New 24 $129,500-$1,400,000       Closed-9 $163,000-$760,000

West Chicago-New 11 $159,700-$645,000                            Closed-5 $115,000-$320,000

Contracts Accepted this Week

Market Update Fox Valley-February 16 2019-Contracts Accepted this WeekContracts accepted by Sellers this week were slightly up this week.   224 this week compared to 209 last week.  That makes 614 accepted contracts so far this month.  There were 608 contacts accepted by Sellers in the month of January.  We have already past those totals.  This gives you an idea of the closings that will be coming up if they make it through the process of inspections, attorney review and loans getting approved.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-40                            Bolingbrook-20                                Geneva-11                                      Montgomery-14

Naperville-32                       Plainfield-26                                     St Charles/Campton Hills-19          Yorkville-11

Short Sales accepted by Sellers this week were 6.  Last week there was only 1.  2 were in Bolingbrook & Naperville this week and only 1 each in Montgomery & Yorkville. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts this week that are contingent on the closing of the Buyers current home.  4 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contingent contracts were also accepted by Sellers that the Buyers still need to sell and close on their current home.  4 with a kick-out clause of 72 hours and 3 with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are buying or selling a home.  We make it our business to find the perfect fit for your needs.

Now is the time to get your home on the market so you don’t miss out on the best time of the year to sell.  Spring market is when it is the busiest of the year.

If you are thinking about buying a home you need to get pre-qualified with a loan officer so you know the price range and what type of loan will work out best for you.

Things to check out:

Market update Fox Valley-February 16 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

New tool to search for homes

Market Update Fox Valley-February 2 2019

Market Update Fox Valley-February 2 2019

Market update Fox Valley-February 2 2019. New listings were lower this week  181 new listings this week compared to 209 last week.  Not too bad with the sub zero temperatures we had for 3 days this week.

Closed listing almost doubled.  141 closing this week compared to 82 last week.  Unbelievable that some of these closings still happened with the sub zero temperatures we had for the last 3 days of the month.  These people will definitely remember their closing and moving day!

Take a look at the communities with the most activity this week:

Aurora-New 20 $112,000-$440,000                                           Closed-25 $134,900-$365,000

Bolingbrook-New 11 $162,500-$625,000                                   Closed-13 $110,000-$405,000

Naperville-New 38 $210,000-$2,850,000                                   Closed-14 $219,000-$912,356

North Aurora-New 11 $239,000-$449,900                                  Closed-3 $224,900-$305,000

Oswego-New 10 $218,000-$374,900                                         Closed-8 $149,000-$680,000

Plainfield-New 16 $219,900-$558,900                                        Closed-22 $206,000-$652,500

St Charles/Campton Hills-New 17 $140,000-$1,189,000           Closed-8 $116,000-$1,175,000

Yorkville-NEw 10 $215,000-$399,900                                         Closed-6 $250,000-$446,294

Contracts Accepted this Week

Market Update Fox Valley-February 2 2019-Contracts Accepted this Week

Contracts accepted this week were slightly higher this week.  181 contracts accepted this week compared to 172 last week.  Sub zero temperatures did not keep people from making decisions on buying or selling.  Applications like Docusign have really helped with getting signatures when it is not possible to get them in person. Some of these might have been postponed because of the weather.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-30                              Bolingbrook-16                            Naperville-31

Oswego-14                            Plainfield-21                                St Charles/Campton Hills-11

Short sales were down this week.  1 this week compared to 3 last week.  The 1 was in Aurora. Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  4 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 4 with 48 hours.

The market is still moving along.  Spring market is just around the corner.  Now might be the best time to sell with less competition.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

We can update the value of your home in the current market and provide you with a net proceeds that shows the expenses to sell.  This will be updated when an offer comes in and we know all the terms.  Let you know what you need to do to get your home market ready.

If you are thinking about buying a home you need to talk to a loan officer to get pre-qualified.  They will tell you the best type of loan and the price range you should be looking in.  The type of loan will determine what condition of the homes you should be looking at.

Things you should check out:

Market Update Fox Valley-February 2 2019.  Have a great week!

Kristine Heiman-Manging Broker

Best Homes Fox Valley-Search for a home today!

New tool!!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com