Fox Valley Market Update August 24 2019

Fox Valley Market Update August 24 2019

Fox Valley market update August 24 2019.  New listings of single family homes were slightly down this week.  292 this week compared to 315 the week before.  Not too bad with school starting.  So many people are out buying school clothes and supplies to get ready to start school.

2019 new single family home listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-1,182

          Total-7,432

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

Aurora-New 43 $118,000-$975,000

            Closed-35 $137,000-$513,500

Batavia-New 17 $189,900-$614,500

             Closed-5 $210,000-$525,000

Bolingbrook-New 17 $169,900-$565,000

                     Closed-19 $104,8500$380,000

Geneva-New 19 $229,000-$1,695,000

             Closed-6 $219,900-$485,000

Montgomery-New 10 $175,000-$270,000

                      Closed-8 $181,000-$287,000

Naperville- New 63 $299,700-$7,250,000

                  Closed-31 $230,000-$1,180,000

Oswego-New 9 $179,900-$385,790

              Closed-10 $169,000-$462,850

Plainfield-New 29 $154,900-$778,000

                Closed-34 $180,000-$551,351

St Charles/Campton Hills-New 22 $260,000-$829,000

                                         Closed-21 $150,000-$622,500

West Chicago-New 10 $259,900-$675,000

                       Closed-4 $176,000-$337,000′

Yorkville-New 11 $199,900-$374,900

              Closed-5 $249,900-#55,000

Closed homes this week were also down.  221 this week compared to 255 the week before.  Next week is the last week of the moth so we should see an increase.  Especially because next weekend is Labor Day so people will have a long weekend to move in and get settled.

Closed homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-1,111

          Total-7,288

May continues to be the best month so far for new listings and closed homes.

Contracts accepted this week

Fox Valley Market Update August 24 2019-Contracts accepted this week

Contracts accepted on single family homes this week were slightly up this week.  234 this week compared to 212 the week before.  When something special comes on the market no matter how busy you are you need to jump on it.  Homes that have been on the market either need to be made special or drop the price to get a buyer interested.

Contracts accepted on single family homes in 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1665
  • June-1,218
  • July-1,090
  • August so far-984

          Total-9,079

Not every home that received an accepted contract closes.  Sometimes things come up during attorney review or the home inspection that buyer and seller do not mutually agree upon.  Sometimes the buyer’s loan does not get approved either because something comes up on their credit that can’t be resolved or the appraisal does not appraise for the agreed upon price.  Buyer’s sometimes lose their job during the process  Many things can happen during the process.  Keeping on top of things is very important.

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

Aurora-37                                       Bolingbrook-15                                        Geneva-10

Naperville-42                                  Oswego-1-                                                Plainfield-25

St Charles/Campton Hills-16

Short Sales accepted this week were still low.  Only 1 this week compared to 2 the week before. This is great!  Bolingbrook was the only community this week with an accepted contract.

Sellers also accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 6 with 48 hours and 6 with 24 hours.

Contracts were also accepted by seller’s 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 6 with 48 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are keeping an eye on the market.  Our goal is your goal.  We are here to listen to your wants and needs.  We will do everything we can to accomplish your goals.  Whether buying or selling a home.

Check out some resources:

Let us know what other information you are looking for and we will point you to it.

Fox Valley market update August 24 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

Another way to search for homes that also has a chat feature.  You can sign up for free.

Fox Valley Market Update August 17 2019

Fox Valley Market Update August 17 2019

Fox Valley market update August 17 2019.  New listings of single family homes was down this week.  315 new listings this week compared to 360 the week before.  So many schools started back up this week for will next week. I am sure that has had an impact on housing slowing down. Once they get settled back into their routines it will probably 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-2004
  • June-1,643
  • July-1,423
  • August so far-1,003

          Total-11,371

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

Aurora-New 41 $120,000-$795,000

            Closed-38 $80,000-$427,500

Batavia-New 12 $214,900-$579,900

             Closed-5 $199,550-$440,000

Bolingbrook-New 23 $142,500-$495,000

                     Closed-20 $160,000-$410,000

Geneva-New 9 $289,900-$674,900

             Closed-12 $275,000-$830,000

Montgomery- New 6 $194,900-$299,000

                      Closed-11 $182,000-$285,000

Naperville-New 57 $275,000-$1,590,000

                Closed-39 $307,500-$970,000

Oswego-New 15 $189,900-$359,900

              Closed-12 $210,000-$346,000

Plainfield-New 40 $159,888-$1,190,000

               Closed-27 $95,000-$762,000

St Charles/Campton Hills-New 24 $100,000-$1,295,000

                                         Closed-19 $181,500-$515,500

Yorkville-New 16 $162,500-$415,000

              Closed-12 $130,000-$450,000

Closed listings of single family homes were slightly up this week.  255 this week compared to 221 the week before.  We are heading closer to the end of the month so this is to be expected.

Look at the closings of single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-890

          Total-7,067

If August continues the same for the next 2 weeks it could end up the best month for closings for far.  May has been the highest month so far for New listings closings and contracts accepted.

Contracts accepted this week

Fox Valley Market Update August 17 2019-Contracts accepted this week

Contracts accepted this week of single family homes were down.  212 this week compared to 249 the week before.  Again I think this is due to school starting or getting ready to start for some.

2019 look at contracts accepted by the month of single family homes:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August so far-772

          Total-8,867

I think it is important to look at the months that people are making decisions to purchase.  It changes a little bit each year.   A lot of it has to do with inventory.  Some people end up looking for months.  It depends on what price range you are in.  Under $200,00 it is hard to find.  You have more choices above that price range.

Look at the communities that sellers accepted the most contracts on single family homes this week:

Aurora-37                                                  Bolingbrook-15                                                Geneva-10

Naperville-42                                             Oswego-10                                                        Plainfield-25

St Charles/Campton Hills-16

Short sales this week on single family homes were down this week.  2 this week compared to 7 the week before.  that is good news.  there were 1 each in Aurora and Montgomery. Now they will be submitted to the lender to see if they will also accept.

Contracts were accepted this week by seller’s that are contingent on the buyer closing on their current home before purchasing.  6 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

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

Contact us

Call us with all of your real estate questions 630-503-6555.  If we do not have the answer we will point you to where or who would have the answer. 

We will do the best we can to find you a home that fits your needs and wants. Give us a good idea of the home that fits all of your wishes and the one that is the bare minimum.

If you are thinking about selling your home we will let you know what you need to do to get your home market ready and provide you with a net proceeds.  This is an estimate of expenses so you will know where you are at. When an offer comes in we will update this so you can make a good decision.

Check out some resources:

Fox Valley market update August 17 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.com@gmail.com

Fox Valley Market Update August 10 2019

Fox Valley Market Update August 10 2019

Fox Valley market update August 10 2019.  New listings were up this week!  360 new single family homes this week compared to 328 the week before.  Good news for buyers that are still trying to find something.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2004
  • June-1,643
  • July-1,423
  • August so far-688

          Total-11,011

Closed listings of single family homes was down this week.  221 this week compared to 341 the week before.  This is really the first full week of August so it is expected that closings would be down.  They will increase as we get closer to the end of the month.

Closings of single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-562

          Total-6,812

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

Aurora-New 47 $100,000-$525,000

            Closed-20 $85,000-$1,075,000

Batavia-New 13 $219,900-$695,995

             Closed-8 $246,000-$645,569

Bolingbrook-New 30 $172,000-$569,900

                     Closed-14 $146,500-$422,500

Geneva-New 24 $279,900-$2,695,000

             Closed-14 $95,000-$675,000

Montgomery-New 24 $104,000-$320,490

                      Closed-5 $139,900-$259,900

Naperville-New 63 $228,000-$1,600,000

                 Closed-39 $285,000-$859,900

Oswego-New 19 $154,000-$515,000

              Closed-13 $204,999-$390,000

Plainfield-New 37 $150,000-$509,000

                Closed-36 $170,000-$485,000

St Charles/Campton Hills-New 27$199,900-$895,000

                                         Closed-19 $180,000-$880,000

Yorkville-New 10 $159,900-$559,999

              Closed-8 $235,000-$335,000

Contracts accepted this week

Fox Valley Market update August 10 2019-Contracts accepted this week

Contracts accepted this week were down slightly.  249 this week compared to 274 the week before.  That is not too bad.  Especially with school starting soon and people still gone on vacation.

2019 contracts accepted of single family homes by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-523

          Total-8,618

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

Aurora-39                                   Bolingbrook-23                                          Montgomery-10

Naperville-45                              Oswego-16                                                 Plainfield-22

St Charles/Campton Hills-21

Short sales accepted by sellers on single family homes were up this week.  7 this week compared to 3 the week before.  This week there were 1 each in Aurora, Minooka, Montgomery, Plano & Yorkville.  2 were in Bolingbrook.  Now they will be submitted to the lender to see if they will also accept them as written.

Sellers accepted contracts that are contingent on the buyer closing their current 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 and closing on their current home before purchasing.  1 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 with all of your real estate questions.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready.  Provide you with a net proceeds so you have an estimate of expenses.  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 get pre-qualified with a loan officer so you know the type of loan and price range that will work out best for you.  If you need recommendations of a loan officer to call we can recommend a few and you decide who you want to work with.

Check out these resources that might help you:

Some communities are more active then others.  It is your preference if you want a community that is very active or one that is slower moving.  Are you planning on long term or short term. Your price range and size of home might determine where you want to move.  Tell us what is most important to you and we will work hard to find the best place for you to call home.

Fox Valley market update August 10 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

A different way to search that also has a chat feature.  Try it out and let us know what you think!

 

 

Fox Valley Market Update August 3 2019

Fox Valley Market Update August 3 2019

Fox Valley market update August 3 2019.  New listings of single family homes were slightly down this week.  328 this week compared to 346 the week before.  Did these people want to enjoy their home for 1 more summer before they sell?  Maybe that is the case or maybe with the delayed Spring and all the rain we had they finally have their home market ready.

2019 new single family homes listed by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-328

          Total-10,651

Closed single family homes were significantly higher this week. 341 this week compared to 253 the week before.  3 days were the end of July when most of those closings probably took place.  

Closed listings of single family homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-346

          Total-6,591

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

Aurora-New 57 $125,000-$724,900

            Closed-42 $85,000-$424,500

Batavia-New 7 $209,900-$434,900

             Closed-10 $160,000-$422,500

Bolingbrook-New 27 $129,900-$429,000

                    Closed-23 $159,000-$429,000

Geneva-New 9 $339,900-$799,000

             Closed-11 $205,000-$510,000

Naperville-New 70 $260,000-$1,299,000

                 Closed-55 $209,000-$1,110,000

North Aurora-New 6 $247,900-$450,000

                      Closed-10 $165,000-$315,000

Oswego-New 12 $179,900-$1,590,000

             Closed-15 $198,000-$405,000

Plainfield-New 34 $169,000-$530,000

                Closed-48 $178,900-$606,000

Sandwich-New 6 $164,999-$299,000

                Closed-11 $122,500-$259,900

St Charles/Campton Hills-New 23 $205,000-$995,000

                                        Closed-32 $95,000-$773,567

Yorkville-New 12 $125,000-$389,000

              Closed-19 $206,000-$565,800

Contracts accepted this week

Fox Valley Market Update August 3 2019-Contracts accepted this week

Contracts accepted this week on single family homes were slightly higher this week.  274 this week compared to 259 the week before.

Contracts accepted on single family homes for 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,90
  • August so far-274

          Total-8,369

So far May has been the busiest month for new listings, closings and contracts accepted.  Not all contracts accepted close.  Some come back on the market.  They either had a home inspection issue that could not be negotiated or buyer could not obtain financing.  Sometimes there are other issues that come up.  These are times that are most important to have a good REALTOR and good real estate attorney to work through the issues.

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

Aurora-44                               Bolingbrook-33                                   Montgomery-11

Naperville-43                          Oswego-14                                          Plainfield-35

St Charles/Campton Hills-16  West Chicago-10                                 Yorkville-10

Short sales accepted by Seller’s was exactly the same as the week before.  3 for both weeks. 1 each in Bolingbrook, Montgomery and St Charles/ Campton hills.

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

Contracts were also accepted by Seller’s that are contingent on the Buyer selling and closing on their current home before purchasing.  6 with a kick-out clause of 72 hours and 9 with 48 hours.

Contact us

Call us with all of your real estate questions at 630-503-6555.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready.  Provide you with a net proceeds that will let you know the expenses to sell and what you might walk away with.  This will be updated when an offer comes in with all the terms so you can make a decision.

Thinking about purchasing?  You need to talk to a loan officer to get pre-qualified to find out the type of loan and what price range will work for you.  

Check out some resources:

Fox Valley market update August 3 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

Check out a different way to search that allows you to see a bird’s eye view and also has a chat feature to ask questions or to let us know you want to schedule a showing.  If you are not sure how to navigate it I can do a screen share to guide you through it.

Fox Valley Market Update July 27, 2019

Fox Valley Market Update July 27 2019

Fox Valley market update July 27, 2019.  New listings were down this week.  346 new listings of single family homes compared to 383 the week before.  No holiday but people are on vacation and getting ready for school to start.

2019 new listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,077

                 10,305 total

Closed 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029

                 6,250 Total

There will probably be a lot of closings Monday-Wednesday but I will put them on next week for the beginning of August.

Now take a look at the communities with the most activity this week:

Aurora-New 50 $89,000-$479,900                                               

            Closed-29 $89,000-$380000

Batavia-New 7 $300,000-$749,900                                               

             Closed-10 $50,000-$490,000

Bolingbrook-New 29 $115,900-$539,000                                   

                    Closed-19 $156,000-$545,000

Geneva-New 13 $222,900-$1,250,000                                         

             Closed-11 $175,000-$990,000

Montgomery-New 6 $240,000-$299,900                                             

                     Closed-12 $137,500-$278,000

Naperville-New 66 $235,000-$2,500,000                                   

                 Closed-44 $220,000-$1,240,000

Oswego-New 13 $199,900-$594,000                                           

             Closed-13 $205,050-$420,000

Plainfield-New 38 $149,900-$569,000                                         

               Closed-40 $158,025-$955,000

St Charles/Campton Hills-New 35 $124,900-$825,000                 

                                        Closed-19 $155,000-$680,000

Sycamore-New 11 $130,000-$350,000                                         

                Closed-3 $115,000-$273,995

Yorkville-New 19 $179,922-$739,500                                           

              Closed-6 $190,000-$654,250

Contracts accepted this week

Fox Valley Market Update July 27 2019-Accepted contracts this week

Contracts accepted this week were just slightly down.  259 this week compared to 284 the week before.

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

Aurora-37                                           Batavia-10                                        Bolingbrook-14

Geneva-15                                          Montgomery-10                                Naperville-46

Oswego-16                                         Plainfield-29                                      St Charles/Campton Hills-13

Yorkville-12

Contracts accepted by the month in 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1218
  • July-1,090

                  8,095 Total

Keep in mind that not all contracts that get accepted close.  Some issues might come up that buyer and seller do not come to an agreement.  Some might come back on the market and then get another contract that does close.

Short sales are still very low. 3 were accepted by seller’s this week compared to 2 the week before.  1 each in Montgomery, Naperville and Sugar Grove.  Now they will go to the lender to see if they will also accept.

Sellers’s accepted contracts this week that are contingent on the buyer closing on their current home before purchasing. 4 with a kick-out clause of 72 hours, 17 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 before purchasing.  5 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contacts 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 will explain the process so you have an idea what all is involved and the best way to get there.  We can make recommendations for a loan officer to contact,  real estate attorney and home inspector to use.

Resources to check out:

Fox Valley market update July 27 2019.  Have a great week!  Let us know what questions you have.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-655

besthomesfv@gmail.com

Check out another way to search for homes!  You sign up for free.  If you need help in how to use it we can do a screen share and I can guide you through it.  It also has a chat feature.

Fox Valley Market Update

 

Fox Valley Market Update July 13 2019

Fox Valley Market Update July 13 2019

Fox Valley market update July 13 2019.  Thing are picking back up again since the holiday.  407 new listings of single family homes this week compared to 287 the week before.  What a difference a week makes!  July is usually a slow month with everyone going on vacation.  It is a good time to go on vacation right after you list your home.  Your home is easier to show and you don’t have to be inconvenienced with all the showings. It might even sell while you are gone.  Wouldn’t that be nice!

2019 listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-694 so far

                  9,576 Total

Closed homes this week were slightly up.  266 this week compared to 236 the week before.  They should increase and 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-1,253
  • July-523 so far

                  5,744 Total

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

Aurora-New 47 $88,000-$599,900                                                 Closed-40 $76,000-$461,500

Batavia-New 10 $239,000-$799,900                                              Closed-8 $214,000-$365,000

Bolingbrook-New 23 $139,900-$669,900                                       Closed-31 $160,000-$434,500

Geneva-New 13 $275,000-$574,900                                               Closed-8 $385,000-$702,000

Naperville-New 98 $299,900-$2,499,000                                        Closed-48 $273,000-$1,295,000

Oswego-New 20 $229,900-$450,000                                               Closed-25 $150,000-$837,500

Plainfield-New 46 $165,000-$1,200,000                                          Closed-22 $216,000-$475,000

St Charles/Campton Hills-New 35 $159,000-$849,900                    Closed-21 $199,500-$768,000

Sugar Grove-New 11 $242,500-$435,000                                        Closed-5 $275,000-$355,000

Sycamore-New 14 $109,900-$459,000                                            Closed-4 $115,000-$292,400

West Chicago-New 10 $240,000-$589,900                                      Closed-8 $204,900-$557,000

Yorkville-New 17 $215,000-$549,900                                              Closed-7 $225,000-$390,000

Contracts accepted this week

Fox Valley Market Update July 13 2019-Contracts accepted this week

Contracts accepted this week were down.  252 this week compared to 295 the week before.  This should pick up with all the new listings that came on the market this week.

Look at the contracts accepted for 2019 by the month so far:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • July-547 so far

                  7,552 Total

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

Aurora-40                                                               Bolingbrook-25                                                 Montgomery-10

Napervilee-33                                                          Oswego-15                                                        Plainfield-27

St Charles/Campton Hills-22                                   Yorkville-10

Short sales were slightly up this week. 4 this week compared to 2 the week before.  This continues to be good news!  This week there were 2 in Aurora and 1 each in Naperville and Winfield.

Contracts were accepted by seller’s that are contingent on the buyer’s closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 10 with 48 hours and 2 with 24 hours.

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

Contact us

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

We will tell you what you need to do to get your home market ready.  Explain the process.  Provide you with a net proceeds that shows you the expenses to sell.

If you are thinking about purchasing you will need to get pre-qualified with a loan officer.  It matters who you use.  If you need recommendations of loan officers we will recommend a few so you can decide who to use.  We will guide you through the process.  

Resources to check out:

Fox Valley market update July 13, 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

Check out a different way to search for a home.  Sign up for free!  It has a chat feature that you can reach us to let us know you want to see something or have a question.  If you click on the satellite view you can see how a home sits on the property.  Does it have a back yard.  Is it on a corner lot.  What else is for sale in the neighborhood and the prices.  How far away is shopping and entertainment.  Let us know what you think!

Fox Valley market update July 13 2019-Satellite view

 

Fox Valley Market Update July 6 2019

Fox Valley Market Update July 6 2019

Fox Valley market update July 6 2019.  New listings of single family homes was way down this week.  287 new listings this week compared to 365 the week before.  It is a holiday week so this is to be expected.  Things will get back to normal next week.

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-1,643
  • July so far-287

                           9,169 Total

Closed single family homes this week were also down.  236 closed this week compared to 330 the week before.  This is also to be expected on a shorter week because of holiday and because it is the beginning of the month.  Most buyer’s want to close at the end of the month.

Closed single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July so far-236

                           5,457 Total

Take a look at the activity this week of single family homes:

Aurora-New 44 $79,000-$644,800                                          Closed-36 $90,000-$419,900

Bolingbrook-New 24 $119,900-$414,900                               Closed-14 $154,000-$399,900

Geneva-New 13 $339,900-$795,000                                      Closed-7 $200,000-$665,000

Montgomery-New 12 $161,000-$285,900                             Closed-19 $158,067-$320,000

Naperville-New 50 $215,000-$2,199,000                              Closed-40 $190,000-$1,075,000

Oswego-New 11 $149,900-$849,000                                    Closed-13 $197,000-$379,000

Plainfield-New 39 $189,800-$675,000                                  Closed-27 $138,000-$424,900

St Charles/Campton Hills-New 22 $139,900-$1,499,000      Closed-22 $145,000-$588,000

Yorkville-New 15 $249,000-$449,900                                   Closed-5 $239,990-$405,000

Contracts accepted this week

Fox Valley Market Update July 6 2019-Contracts accepted this week

Contracts accepted this week of single family homes was slightly up.  295 this week compared to 272 the week before.  That is a good thing with a short week.  Next week should be even better.

Look at the totals of contracts accepted for 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July so far-295

                           7,300 total

So far May is the month with the most activity all around.  New listings, closed homes and contracts accepted.  Not all contracts accepted end up closing. Some come back on the market after the home inspection that might have an issue the buyer and seller can not negotiate a resolution to the issue.  Other ones the financing might not get approved.  The majority of them do close though.

Just under 60% of the new listings that came on the market have closed.  Slightly under 80% have gone under contract.  The other 20% either need to make improvements, lower price or both.  If you are not getting showings or they have slowed down you need to rethink price and condition.

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

Aurora-41                                        Bolingbrook-24                                        Geneva-11

Naperville-49                                   North Aurora-13                                       Oswego-16

Plainfield-42                                   St Charles/Campton Hills-30                      Yorkville-11

Short sales accepted by seller’s this week were also down.  2 this week compared to 5 the week before. 1 each in Plano and Yorkville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s 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.

Contact us

Give a call to answer all of your real estate questions 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.

Resources to check out:

Fox Valley market update July 6 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

Check out another way to search for a home.  Click on the satellite view and you can see how the home sits on the lot and what is also for sale in that neighborhood.  Let us know what you think!

 

 

Fox Valley Market Update June 29 2019

Fox Valley Market Update June 29 2019

Fox Valley market update June 29 2019.  New listings were significantly down this week. 365 new listings of single family homes this week compared to 444 the week before.  Not good for buyers that are wanting to find something and get in before school starts again.

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-1,643

                   8,882 total

May so far is the month with the most new listings.  The weather has contributed to the delay in sellers getting their homes on the market.  We went from extreme cold temperatures to nothing but rain.

Closed homes were up this week.  330 single family homes closed this week compared to 303 the week before.  It is the end of the month so that is to be expected.

Closed listings of single family homes 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253

                  5,221 Total

So far May is the best month for closings of single family homes.  We should see a higher number in July though.

Now take a look at the communities with the most activity this week:

Aurora-New 46 $89,900-$544,900                                               Closed-45 $135,000-$455,000

Batavia-New 12 $260,000-$899,900                                            Closed-10 $200,000-$626,495

Bolingbrook-New 31 $155,000-$450,000                                    Closed-27 $148,050-$395,000

Geneva-New 16 $264,900-$729.900                                            Closed-8 $252,000-$750,000

Montgomery-New 9 $164,800-$297,400                                      Closed-11 $174,900-$297,500

Naperville-New 83 $259,000-$4,000,000                                     Closed-64 $250,000-$1,400,000

North Aurora-New 13 $260,000-$422,380                                   Closed-11 $183,000-$440,000

Oswego-New 17 $192,500-$625,000                                            Closed-14 $185,000-$385,000

Plainfield-New 37 $159,900-$549,000                                          Closed-36 $146,000-$550,000

St Charles/Campton Hills-New 35 $229,000-$2,385,000              Closed-30 $242,000-$1,100,000

West Chicago-New 6 $309,500-$510,000                                      Closed-12 $95,000-$347,500

Yorkville-New 15 $199,900-$614,900                                            Closed-10 $138,500-$390,000

Contracts accepted this week

Fox Valley Market Update June 29 2019-Contracts accepted this week

Contracts accepted this week were slightly lower than last week.  272 contracts accepted this week of single family homes compared to 293 the week before.

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

Aurora-28                                                    Bolingbrook-20                                                   Naperville-50

Oswego-11                                                  Plainfield-39                                                        St Charles/Campton Hills-26

Sugar Grove-10                                          Yorkville-11

Short sales accepted this week of single family homes were the same as last week.  5 both weeks.  1 each in Aurora, Elburn, Montgomery, Naperville and Sheridan.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 14 with 48 hours and 1 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing.  2 with a kick-out clause of 72 hours, 8 with 48 hours and 2 with 24 hours.

Accepted contracts in 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218

                  7005 Total

May is the best month so far for new listings, closings and contracts accepted this year.  Keep in mind that contracts that are accepted don’t always close.  Sometimes they are reactivated because of a home inspection issue, financing does not go through or attorney review and inspection issues can not come to an agreement.

Contact us

Call us to answer all of your real estate questions 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.

Resources to check out:

Fox Valley market update June 29 2019.  Have a great week!  Have a safe and happy 4th of July!

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 to search and let us know what you think.  You can click on the satellite view and see how the home sits on the property and see what else if for sale in the neighborhood.

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 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.