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-January 19 2019

Market Update Fox Valley-January 19 2019

Market update Fox Valley-January 19 2019. Happy Saturday!  Hope you had a great week. New listings this week were slightly down.  224 this week compared to 279 last week.    The weather this last week was not too bad so that was not a factor like it will be next week with the snow and colder temps we are getting this weekend.

Closed listings this week were slightly up. 115 closed homes this week compared to 101 last week.  These should increase as we get closer to the end of the month. January is not a fun month to move but if you find a home now and close in February or March you might have better weather.  You just never know how it will work out.  We really have had a mild winter so far.

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

Aurora-New 27 $134,900-$609,000                                           Closed-17 $80,000-$492,500

Geneva-New 12 $299,900-$795,000                                         Closed-5 $237,500-$410,000

Naperville-New 52 $299,900-$6,095,000                                   Closed-19 $210,000-$1,320,000

Plainfield-New 26 $199,000-$549,900                                       Closed-12 $155,500-$350,600

St Charles/Campton Hills-New 30 $239,900-$799,000             Closed-10 $219,000-$732,000

Yorkville-New 17 $209,900-$1,200,000                                     Closed-2 $300,000-$595,000

Contracts Accepted this Week

Market Update Fox Valley-January 19 2019-Contracts Accepted this Week

Contracts accepted this week were up. 193 this week compared to 129 last week.  That is great news!  Buyers are still out there looking.  You do not have to wait for Spring market to sell your home.  If location, price and condition are just right it will sell.

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

Aurora-30                          Bolingbrook-14                             Naperville-38

Oswego-12                       Plainfield-19                                  St Charles/Campton Hills-14

Short sales were slightly down this week.  5 this week compared to 8 last week.   1 each in Aurora, Bolingbrook, Geneva, Plainfield and West Chicago.   Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers 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 and 3 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the sale and closing of the Buyers current home before purchasing. 5 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.  We just recently moved our office to 200 Webster St Montgomery, IL 60538. Stop in to see us!

Our goal is to negotiate price and terms that are best whether buying or selling your home.  We make it our business to find the perfect fit for your needs.  We will explain the process so you are comfortable.  Assist you with finding a loan officer, home inspector and real estate attorney.  You want a great team getting you to a successful closing.

Helpful things to checkout:

Market Update Fox Valley-January 19 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

Market Update Fox Valley

Market Update Fox Valley-December 29 2018

Market Update Fox Valley-December 29 2018.  This was a short week with Christmas Eve on Monday and Christmas Day on Tuesday.  New listings were way down.  81 new listings this week compared to 134 last week.  The last new listings for 2018.  2019 might be the right time for you to think about selling and making a change. Either downsizing, finding something with more room or closer to work. Now is the time to plan what you need to improve, sell or throw out.  Fresh paint in neutral colors makes the home feel clean and fresh.  Let us tell you what needs to be done to get it market ready.

Closed listings were also way down with only 3 business days to close.  99 this week compared to 167 last week.  The end of the closings for 2018. Now to loo kforward to 2019.  Holidays will be over and the market will get back to normal.  Spring market is just around the corner.

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

Aurora-New 8 $119,000-$384,500                                             Closed-17 $90,100-$371,000

Bolingbrook-New 7 $189,900-$385,000                                    Closed-15 $155,000-$374,000

Naperville-New 12 $299,900-$1,199,000                                  Closed-7 $327,500-$490,000

Contracts Accepted this Week

Market Update Fox Valley-December 29 2018-Contracts Accepted this Week

Contracts accepted this week were also down. 89 this week compared to 121 last week.  Next week will also be a short week with New Years Eve on Monday and New Years Day on Tuesday.  The 2nd week of January we should get back to normal.

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

Aurora-14                           Naperville-16                        Plainfield-13

There were no short sales accepted this week by Sellers. Last week there were 4.

Sellers accepted contracts this week that are contingent on the Buyers current home closing before purchasing. 2 with a kick-out clause of 72 hours, 2 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that the Buyers current home still needs to sell and close before purchasing.  5 with a kick-out clause of 72 hours, 1 each with 48 hours and 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 buying or selling a home.  We make it our business to find the perfect fit for your needs.

Thinking of selling?  Let update the value of your home in the current market and 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.

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

Things to check out:

Market Update Fox Valley-December 29 2018.  Have a happy and safe New Year! Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-December 15 2018

Market Update Fox Valley-December 15 2018

Market Update Fox Valley-December 15 2018.  New single-family home listings were down this week.  119 this week compared to 175 last week.

Closings this week were down slightly.  152 this week compared to 164 last week.  Next week is the last full week of the year without days off for the holiday.

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

Aurora-New 16 $115,000-$295,000                                           Closed-20 $100,000-$450,000

Bolingbrook-New 12 $149,500-$300,000                                   Closed-11 $179,900-$449,000

Naperville-New 24 $218,900-$1,349,000                                   Closed-28 $250,000-$845,000

Plainfield-New 13 $159,900-$426,615                                       Closed-20 $176,100-$458,000

St Charles/Campton Hills-New 10 $234,900-$689,000             Closed-15 $100,000-$590,000

Contracts Accepted this Week

Market Update Fox Valley-December 15 2018-Contracts Accepted this Week

Contracts Accepted this week were slightly down.  126 this week compared to 138 last week.  Not too bad for this close to the holidays.

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

Aurora-22                                     Bolingbrook-10                                          Naperville-14

Plainfield-13                                 St Charles/Campton Hills-10

Short sales accepted this week by Sellers were the same as last week with 6 both weeks.These communities all had 1 each Aurora, Bolingbrook, Oswego, Plano, Sheridan & St Charles/Campton Hills.  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 closing of the buyers current home. 1 with a kick-out clause of 72 hours and 2 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the sale and close of the Buyers current home.  3 with a kick-out clause of 72 hours, 3 with 48 hours and 4 with 24 hours.

You can expect these next couple of weeks to be slow except for maybe closings with the holidays so close.  2019 is expected to be similar to this year.  Interest rates are inching a little higher but they are still good.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker with all your real estate questions. 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.

Let us update the current value on your home in today’s market.  We will provide you with an estimate of expenses to sell so you know where you are at.  This will be updated when an offer comes in and we know all the terms of the offer.

Thinking about buying?  Your first step is to contact a loan officer to get pre-qualified so you know what price range you should be in. They will provide you with a letter that will go with an offer when you find a home.

You might want to check out:

Market Update Fox Valley-December 15 2018. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

 

Market Update Fox Valley-November 24 2018

Market Update Fox Valley-November 24 2018

Market Update Fox Valley-November 24 2018.  Fox Valley market for New Listings were way down this week.  90 this week compared to 199 last week.  It is a short week with the Thanksgiving holiday so the numbers are way off what they usually are.  Shopping for homes is put on the back burner while everyone is out looking for bargains for Christmas presents.

Closed homes is also way down this week.  122 this week compared to 204 last week.  Only 3 days this week to set up closings so the numbers are way down.  We have a full week next week and it is the last week of the month so these numbers will be higher next week.

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

Aurora-New 12 $119,900-$349,900                                                   Closed-25 $135,000-$460,000

Naperville-New 8 $259,900-$790,000                                               Closed-17 $229,900-$620,000

Plainfield-New 12 $195,000-$489,900                                              Closed-22 $199,000-$457,500

Contracts Accepted this Week

Market Update Fox Valley-November 24 2018-Contracts Accepted this Week

Contracts accepted this week were also down.  137 this week compared to 171 last week.  Numbers were down but not too bad for such a short week.

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

Aurora-14                                         Bolingbrook-15                                          Naperville-13

Plainfield-18                                    St Charles/Campton Hills-14

Short sales continue to remain low.  2 contracts accepted by Sellers this week compared to 6 last week.  Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers accepted contracts this week that are contingent on the close of the Buyers current home before purchasing.  2 with a kick-out clause of 72 hours and 7 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the sale and closing on the Buyers current home.  1 with a kick-out clause of 72 hours, 4 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.  We are here to answer all the real estate questions that you have.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

We can update the value of your home in the current market.  Provide you with a net proceeds so you can see the expenses of selling your home so you know where you are at.

If you are thinking about purchasing a home you will need to talk to a loan officer to get pre-qualified.  They will provide you with a letter that will go with an offer when you find a home.  This letter needs to be in the last 30 days or it will need to be updated.

Things you might want to look up:

Market Update Fox Valley-November 24 2018.  We hope you had a wonderful Thanksgiving!  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-November 17 2018

Market Update Fox Valley-November 17 2018Market update Fox Valley-November 17 2018.  New listings this week were consistent with last week. 199 this week compared to 221 last week. No this is not Spring market but we are staying consistent so that is good!  It is a good time to sell without all the competition.  The most important thing is to be priced right for condition and location.

Closed homes this week were up.  204 closed this week compared to 151 last week.  We are getting closer to the end of the month and also a holiday so that is to be expected.

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

Aurora-New 27 $119,900-$520,000                                                    Closed-21 $122,000-$423,000

Bolingbrook-New 14 $150,000-$379,900                                           Closed-16 $210,000-$430,000

Geneva-New 8 $338,500-$575,000                                                     Closed-10 $260,000-$626,000

Naperville-New 40 $224,900-$999,500                                              Closed-34 $207,500-$761,117

North Aurora-New 12 $160,000-$635,000                                         Closed-9 $186,000-$410,000

Plainfield-New 27 $145,000-$639,900                                               Closed-29 $190,000-$511,000

St Charles/Campton Hills-New 18 $199,900-$775,900                   Closed-15 $195,000-$965,000

Contracts Accepted this Week

Market Update Fox Valley-November 17 2018-Contracts Accepted this WeekContracts accepted by Sellers this week were slightly down.  171 this week compared to 188 last week.  The market has slowed down but it really has been pretty consistent since the beginning of September.  Some weeks are slightly higher some lower but within the same range.

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

Aurora-27                             Bolingbrook-15                                 Naperville-21

Plainfield-17                        St Charles/Campton Hills-21

Short sales accepted this week were the same as last week.  6 both weeks just different communities.  1 was accepted in Aurora, Montgomery, Oswego, St Charles/Campton Hills and 2 in Yorkville.  Now they will be submitted to the lender to see if they will also accept as written.

If a contract is cash there is usually contingencies of home inspection and attorney review.  Other contracts are also contingent on the Buyer obtaining financing.  Some Buyers have a home already.  They have to add a contingency on their home closing before purchasing if they have already accepted an contract on their current home.  This week 5 added a kick-out clause of 48 hours and 1 with 24 hours.  Other Buyers have not sold their current home yet so they had to add a contingency of selling and closing on their current home.  3 this week with a kick-out clause of 72 hours and 5 with 48 hours.

We know this can all be confusing especially if it is your first time or it has been a while since the last time you bought or sold a home.

Contact us

Give us a call at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  We will be happy to go over everything with you.  Our goal is to negotiate price and terms that are best whether you are buying or selling a home.,

Request an updated market analysis so you know what your home is worth in the current market.  You will be provided a net proceeds that shows an estimate of expenses to sell your home.  This will be updated when an offer comes in and we know all the terms so you can make a decision to accept, reject or counter.

We can recommend a few real estate attorneys, loan officers and home inspectors that we have worked with so you can decide who is best for you to work with.

Learn more:

Market Update Fox Valley-November 17 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

 

Market Update Fox Valley-November 10 2018

Market Update Fox Valley-November 10 2018Market update Fox Valley-November 10 2018.  New listings of Single-Family homes were pretty consistent.  221 this week compared to 219 last week.  There is still time to get into a new home before the end of the year.

Closed listings this week were down. 151 this week compared to 262 last week. That is the difference between end of the month and the beginning.  Most Buyers want to close at the end of the month.

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

Aurora-New 33 $83,200-$429,000                                              Closed-24 $120,000-$461,000

Bolingbrook-New 18 $192,500-$422,900                                  Closed-16 $138,760-$400,000

Naperville-New 28 $294,500-$1,359,000                                   Closed-26 $244,000-$2,400,000

Plainfield-New 31 $179,900-$899,316                                       Closed-22 $172,000-$400,000

St Charles/Campton Hills-New 20 $249,900-$1,159,000        Closed-9 $150,000-$420,000

Contracts Accepted this Week

Market Update Fox Valley-November 10 2018-Contracts Accepted this WeekContracts accepted this week were slightly higher than last week. 188 this week compared to 157 last week.  Buyers are still out there looking for the best home for their price range.

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

Aurora-25                              Bolingbrook-23                                        Naperville-22

Plainfield-18                         St Charles/Campton Hills-15                Yorkville-16

Short sales still remain low.  6 contracts accepted this week compared to 3 last week.  Now they will be submitted to the lender to see if they will also accept as written.

Geneva, Montgomery, Naperville, Plainfield, Plano and Warrenville each accepted 1 short sale this week by the Sellers.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home.  9 with a kick-out clause of 72 hours, 2 with 48 hours and 3 with 24 hours.

Contingencies on the sale and close of the Buyers current home were also accepted by Sellers.  6 with a kick-out clause of 72 hours, 4 with 48 hours and 3 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.

We can update the value of your home in the current market and 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?  You will need to contact a loan officer to get pre-qualified.  They will provide you with a letter showing what you qualify for that will go with an offer when you find a home.  This should be no older than 30 days.

Things to check out:

Let us know what questions you have.

Market update Fox Valley-November 10 2018. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-November 3 2018

Market Update Fox Valley-November 3 2018Market update Fox Valley-November 3 2018.  The market was slightly down this week.  219 this week compared to 223 last week.  I guess Halloween was not too much of a distraction.

Closed listing this week were significantly up.  262 this week compared to 192 last week.  Monday, Tuesday and Wednesday were the last 3 days of the month.  Buyers like to close the end of the month so they bring less interest to closing.

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

Aurora-New 42 $75,000-$529,500                                                      Closed-52 $90,000-$523,000

Bolingbrook-New 16 $155,000-$389,900                                          Closed-24 $160,000-$381,500

Geneva-New  10 $265,000-$624,900                                                 Closed-7 $150,000-$651,000

Montgomery-New 5 $148,000-$289,222                                           Closed-13 $152,700-$320,000

Naperville-New 38 $200,000-$1,750,000                                           Closed-37 $181,500-$1,385,000

Oswego-New 12 $149,900-$389,900                                                  Closed-12 $125,000-$375,000

Plainfield-New 19 $178,500-$699,900                                                Closed-34 $160,000-$412,500

St Charles/Campton Hills-New 27 $130,000-$2,585,000                Closed-15 $175,000-$597,000

West Chicago-New 10 $115,000-$390,000                                        Closed-9 $153,000-$457,703

Yorkville-New 5 $229,990-$259,000                                                    Closed-10 $145,000-$314,600

Contracts Accepted this Week

Market Update Fox Valley-November 3 2018-Contracts Accepted this WeekContracts accepted this week were down.  157 this week compared to 177 last week.  Price adjustments might need to be made to get more interest on existing homes.

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

Aurora-23                                  Bolingbrook-11                                           Naperville-20

Plainfield-27                             St Charles/Campton Hills-10

Short sales are still very low.  3 accepted this week compared to 6 last week.  Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts with a contingency of Buyers closing on their current home. 3 with a kick-out clause of 72 hours, 6 with 48 hours and 2 with 24 hours.

Contracts were also accepted by Sellers that the Buyer still needs to sell and close on their current home. 3 with a kick-out clause of 72 hours and 7 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 buying or selling a home.

If you are thinking about selling a home let us update the value in the current market and provide you with a net proceeds so you have an idea of expenses to sell.

Learn more from these links:

Thinking about buying?   You  will need to contact a loan officer to get qualified.  They will let you know the type of loan that is best and what price range you should stay in.  You will be provided with a letter that will go with an offer when you find a home.

The interest rate you are offered will be determined on your credit score. If you need to work on it they can help you to do the right things to bring it up.

Market update Fox Valley-November 3 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-July 7 2018

Market Update Fox Valley-July 7 2018Market Update Fox Valley-July 7 2018. This was a holiday week. They can either be really good or really bad.  July is usually the month that most people take their vacations. New listings were way down this week.  262 this week compared to 354 last week.

Closings were also down but it is the beginning of the month so that is to be expected and with the holiday that adds to it.  204 this week compared to 386 last week.  What a difference from the end of June to the beginning of July.

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

Aurora-New 38 $99,900-$650,000                    Closed-29 $75,000-$435,000                         Active-293 $85,000-$1,450,000 with 3 Auctions

Bolingbrook-New 15 $155,000-$649,900        Closed-22 $153,000-$420,000                       Active-154 $138,000-$849,900 with 3 Auctions

Geneva-New 13 $209,900-$887,200                Closed-10 $203,500-$835,000                       Active-160 $169,000-$1,695,000

Montgomery-New 14 $174,471-$325,900      Closed-7 $175,000-$279,900                          Active-63 $144,900-$331,500

Naperville-New 41 $269,000-$1,599,000        Closed-40 $225,900-$830,000                        Active-700 $219,900-$6,800,00 with 1 Auction

Oswego-New 11 $169,999-$414,900              Closed-10 $240,000-$472,500                        Active-119 $169,000-$1,595,000

Plainfield-New 33 $177,500-$1,150,000         Closed-26 $174,000-$880,000                        Active-299 $168,000-$2,200,000with 1 Auction

St Charles/-New 24 $219,900-$1,295,000      Closed-14 $179,000-$632,500                        Active-439 $91,108-$3,895,000 with 1 Auction

Campton Hills

Yorkville/-New 14 $239,000-$489,900            Closed-7 $195,000-$306,900                          Active-138 $129,900-$1,399,000 with 2 Auctions

Bristol 

This is on Single family homes only.  It does not include attached housing.  These numbers change all the time.    

Contracts accepted this week

Contracts accepted this week were down.  243 this week compared to 303 last week.  This holiday week threw everything off.  I can’t wait to get back to normal next week.

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

Aurora-35                                   Bolingbrook-18                                     Geneva-13

Naperville-38                             Plainfield-24                                          St Charles/Campton Hills-32

Short sales were the same as last week with 3. Now they will be submitted to the lender to see if they will also accept as written.  We are happy to continue to see these low numbers.

Contracts were also accepted by sellers that are contingent on the closing of the buyer’s current home.  Buyer’s have already accepted an offer on their home but need to close before purchasing.

Only 4 this week are contingent on the sale and close of the buyer’s current home.  They have a kick-out clause of 48 hours.

Contact us

Contact us to answer 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.

Need an update on your home value?  We can do that for you and provide you with a net proceeds that shows you an estimate of expenses to sell your home.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about purchasing you need to get pre approved so you know what price range you qualify for.  You can look up the different types of loans and process so you know what questions to ask the loan officer.

Check on the current interest rates.  Your credit score will be a factor on what interest rate you are offered.

There are different programs to search and see if you qualify for that might help you with a down payment.  Illinois programs you can search.

Are you a Veteran?  Look at the information on VA Loans.

Market Update Fox Valley-July 7 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!  Sign-up for email alerts

630-503-6555

besthomesfv@gmail.com

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

 

Market Update Fox Valley-May 26 2018

Market Update Fox Valley-May 26 2018Market Update Fox Valley-May 26 2018.  Almost to the end of another month.  Memorial Weekend a time to honor the fallen soldiers. 

This week was lower with new listings.  329 this week compared to 425 last week.  I hope new listings pick up after the holiday weekend.

Closed listings were up this week.  322 this week compared to 259 last week.  There is 3 more days next week of the end of the month. 

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

Aurora-New 44 $84,900-$989,000                  Closed-43 $73,300-$1,459,000                Active-270 $75,900-$1,450,000 with 4 Auctions

Batavia-New 4 $180,000-$625,000                 Closed-12 $210,000-$451,000                 Active-89 $179,000-$1,210,000

Bolingbrook-New 17 $155,000-$599,000       Closed-30 $109,000-$493,000                 Active-115 $149,900-$699,999

Geneva-New 11 $293,500-$739,900               Closed-15 $206,500-$515,000                 Active-150 $170,000-$1,695,000

Minooka-New 10 $129,900-$380,000             Closed-2 $190,000-$245,000                   Active-50 $129,900-$1,195,000

Montgomery-New 17 $179,500-$280,000      Closed-10 $188,000-$294,500                 Active-71 $149,900-$343,000

Naperville-New 67 $279,900-$1,199,000        Closed-62 $220,000-$1,270,000              Active-642 $209,900-$6,888,000 with 2 Auctions

North Aurora-New 6 $189,900-$429,900        Closed-10 $160,000-$340,000                 Active-67 $167,000-$595,000

Oswego-New 13 $204,900-$485,000              Closed-12 $185,000-$475,000                 Active-113 $183,900-$1,595,000

Plainfield-New 41 $150,800-$2,200,000         Closed-35 $206,00-$530,000                   Active-318 $150,800-$2,200,000 with 1 Auction

St Charles-New 36 $239,000-$3,495,000        Closed-27 $185,000-$675,000                Active-432 $102,900-$3,895,000 with 1 Auction

Sycamore-New 7 $147,000-$349,500              Closed-11 $118,000-$598,650                Active-60 $129,900-$519,900

Yorkville-New 18 $129,900-$439,900               Closed-16 $184,000-$343,250                Active-139 $129,900-$974,000

Contracts Accepted This Week

Market Update Fox Valley-May 26 2018-Contracts Accepted This Week

Sellers accepted  a little more contracts this week.  330 this week compared to 309 last week.  It has been a good Spring Market even with low inventory.  This is the best time to sell if you want to close during the summer months.  You will still have time to enjoy summer in your new home.  

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

Aurora-49                                              Bolingbrook-29                                              Geneva-15

Montgomery-14                                   Naperville-59                                                  Oswego-17

Plainfield-34                                         St Charles-33                                                  Yorkville-12

Short sales contracts were also down this week.  Only 1 this week last week there were 2. Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts with a contingency on the close of the buyers home.  Buyers have already accepted a contract on their home but need to close before purchasing.  6 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted with contingencies on the sale and close of the buyers home.  Buyers home might or might not currently be on the market.  They still need to sell their home and close before purchasing.  3 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

That wraps up the activity for the week in the Fox Valley area.  Let us know what questions that you have.

Contact Us

Give us a call 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.  We make it our business to find the perfect fit for your needs.

We would be happy to do a market analysis on your home to let you know the current value and to give you and estimate of the costs to sell.  It will help you decide if now is the right time for you.

If you are just starting to look for a home your first step is to talk to a loan officer to get preapproved.  The loan office will give you a letter showing what you qualify for.  This will go with an offer when you find the right home so the sellers knows that you are a good buyer for their home.  You can learn about the different types of loans and the process.

You might be interested in the current interest rates right now.  Your credit score will determine the interest rate that you will receive.  Most loan officers will help you with your credit score if you need to work on it.

Your down payment will be determined by what type of loan you choose and how much money you want to put down.  There are programs out there and down payment assistance.  Are you a police officer, teacher or fireman?  Some communities also offer assistance. Check with the community website.

Market update Fox Valley-May 26 2018.  Have a great holiday weekend and stay safe!  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley -Search for homes today!

besthomesfv@gmail.com

630-503-6555

1444 N Farnsworth Ave Suite 104

Aurora, IL 60505