Fox Valley home prices March 4th

Posted on March 4, 2023March 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 4th

Fox Valley home prices March 4th. We just missed a big snow storm luckily. It went to the south and east of us. Temperatures are hovering around 40°. Monday will be the exception, it will be 60°, then back to the 40’s.

New listings this week were consistent. 127 this week compared to 120 the previous week.

Closed listings were up. 144 this week compared to 103 the previous week.

Aurora-New 17 $127,000-$579,900

Closed-19 $185,200-$615,000

Naperville-New 26 $339,900-$1,350,000

Closed-22 $375,770-$1,800,000

Oswego-New 11 $275,000-$625,000

Closed-11 $215,000-$623,000

St Charles-New 6 $449,800-$1,300,000

Closed-11 $215,000-$650,000

We highlighted the communities with the most activity. Click on the photo above to see activity in other communities and the price ranges.

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

Median list price this week $400,000, last week it was exactly the same $400,000.

Closed median price this week $374,495, last week $385,000.

Stats 030423 — Stats for week ending March 4th

Conventional financing was used to close on 99 homes this week with a median price $401,000 with 50 days average market time, last week 70 homes at median price $386,500 with 46 days average market time.

Conv 030423 — Conventional financing used to close for week ending March 4th

Cash was used to close on 16 homes this week with a median price $355,000 with 36 days average market time, last week 13 homes at median price $415,000 with 45 days average market time.

Cash 030423 — Cash used to close for week ending March 4th

FHA financing was used to close on 21 homes this week at median price $300,000 with 77 days average market time, last week 12 homes at median price $299,500 with 70 days average market time.

FHA 030423 — FHA financing used to close for week ending March 4th

VA financing was used to close on 6 homes this week at median price $346,500 with 62 days average market time, last week 8 homes at median price $465,000 with 46 days average market time.

VA 030423 — VA financing used to close for week ending March 4th

2,000 square feet or more closed on 86 homes this week at median price 432,950 with 55 days average market time, last week 63 homes at median price $450,000 with 58 days average market time. Minimum price this week $168,000, last week $245,000.

2000 SF or more 030423 — 2,000 SF or more closed for week ending March 4th

Conventional financing continues to be the financing to get accepted at just slightly over 68% of homes closed.

Almost 60% of homes closed are 2,000 SF or more in the Fox Valley area.

Under contract this week

Homes that went under contract this week are down. 147 this week compared to 166 the previous week.

Aurora-22 Bolingbrook-11

Naperville-17 Plainfield-25

St Charles-10

Click on the photo above to see the other communities that also had homes go under contract this week.

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

A Seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours.

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

Median price of homes under contract this week $399,000 with 55 days average market time, last week median price $377,400 with 45 days average market time.

Under contract this week 020423 — Under contract for week ending March 4th

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

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

Totals 1113 852 1259

2022

January 422 492 626

February 523 520 724

Totals 945 1012 1350

2021

January 543 649 829

February 561 604 778

Totals 1104 1253 1607

There were only 2 days this week that were in February. I decided to carry it over just in case they were the busiest 2 days of the week.

You will see that the number will steadily go up each month. Get with your loan officer to get approval before you miss out on your dream home. This needs to go with an offer. The seller will not accept without it in most cases, unless you have cash, and then you will need a letter from your bank showing that you have the funds available.

Check back with us every Saturday for the Fox Valley home prices.

Resources

Click on each bullet point to take you to the site for the information. If you are looking for any other information not list let us know and we will point you in the right direction.

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things they will explain to you.

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

Contact us

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

Fox Valley home prices March 4th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 25

Posted on June 25, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 25

Fox Valley home prices June 25. We will show you the new, closed, under contract prices in the Fox Valley area of Illinois. Also, the median prices, financing most used, 2022 by the month and some great resources.

New listings this week are up. 295 this week compared to 271 the previous week.

Closed listings this week are down. 224 this week compared to 270 the previous week.

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

Aurora-New 37 $173,900-$999,000

Closed-39 $175,000-$532,093

Bolingbrook-New 21 $199,900-$575,000

Closed-18 $240,000-$585,000

Geneva-New 16 $229,000-$1,299,900

Closed-11 $285,000-$775,000

Naperville-New 64 $349,900-$2,499,000

Closed-44 $285,000-$1,319,000

Oswego-New 12 $239,000-$1,235,000

Closed-9 $320,000-$650,000

Plainfield-New 38 $250,000-$1,150,000

Closed-29 $240,000-$650,000

St Charles-New 20 $220,000-$3,250,000

Closed-19 $215,000-$1,070,000

Yorkville-New 13 $300,000-$649,900

Closed-14 $88,000-$603,500

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

Median list price this week $425,000, last week $415,950.

Closed median price this week $408,999, last week $430,000

Stats 062522 — Stats for week ending June 25

Conventional financing was used to close on 163 homes at median price $450,000 with 13 days average market time, last week 213 homes at median price $465,000 with 16 days average market time.

Conv 062522 — Conventional financing used to close for week ending June 25

Cash was used to close on 24 homes this week with a median price $405,999 with 16 days average market time, last week 28 homes at a median price $362,500 with 11 days average market time.

Cash 062522 — Cash used to close for week ending June 25

FHA financing was used to close on 27 homes with a median price $306,050 with 11 days average market time, last week 29 home at median price $310,000 with 14 days average market time.

FHA 062522 — FHA financing used to close for week ending June 25

VA financing was used to close on 9 homes at median price $365,000 with 14 days average market time, last week 8 homes at median price $379,000 with 13 days average market time.

VA 062522 — VA financing used to close for week ending June 25

131 homes closed this week that were at least 2,000 square feet or more at a median price $516,000 with 13 days average market time, last week 182 homes at a median price $500,000 with 17 days average market time. The minimum price this week was $175,000, last week $225,000.

2000 SF or more 062522 — 2,000 SF or more homes closed for week ending June 25

Contracts accepted this week

Contracts accepted this week were up slightly. 256 this week compared to 245 the previous week.

Look at the communities seller’s accepted the most contracts:

Aurora-36 Batavia-10

Bolingbrook-21 Montgomery-13

Naperville-42 Oswego-20

Plainfield-31 St Charles-22

1 short sale was accepted by a seller this week. It was in Plano. Most homes have appreciated enough that you can sell, and not have to sell short. If you are having difficulty let us show you what your options are.

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

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

Median list price of homes that went under contract this week $375,000 with 22 days average market time, last week median price $379,000 with 23 days average market time.

Contingent Stats 062522 — Contingent Stats for week ending June 25

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1088 1065 1009

Totals 5036 4840 5386

Check back with us every Saturday for the Fox Valley area of Illinois real estate market update. At the end of each month we also take a look back at 2021 and 2020 so you can see how this year is going. We will do that next week.

Resources

Click on anything that is bold and underlined to take you to the site for the information. If there is any other information that you are looking for please let us know.

Check with your loan officer to see the rate you will be offered. It depends on your credit score. If you need to work on your score they can help you.

Request a home valuation if you are thinking about selling your home. Tell us about your home and what has recently been updated. We will do a market analysis and provide you with a net proceeds that gives you an estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home you will need to get all your financial information to a loan officer so they can put you through underwriting and get you approved before you even start looking at homes. Then you will know that when you find a home you will get the loan if it appraises out and no issues with the title. You will feel better about spending the money on a home inspection. The seller will look at your offer closer than one that has just been pre-qualified.

You can sign-up foremail alerts so when a home hits the market with your criteria you will automatically get the listing.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendations of loan officers, real estate attorney or home inspector just let us know. We can give you a few to contact so you can decide who you want to work with.

All data provided today is from our MLS. MRED, LLC. The numbers change continuously throughout the day as agents upload more information.

Fox Valley home prices June 25. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices May 28

Posted on May 28, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 28

Fox Valley home prices May 28. We remember and honor the men and woman who gave their lives in service to our country this Memorial Day.

It also marks the beginning of summer for most people.

New listings this week were down. 243 this week compared to 307 the previous week.

Closed listings were up. 252 this week compared to 218 the previous week.

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

Aurora-New 33 $129,900-$569,000

Closed-44 $130,000-$795,000

Bolingbrook-New 21 $199,900-$799,900

Closed-17 $221,000-$653,774

Geneva-New 10 $439,900-$1,898,000

Closed-9 $280,000-$835,000

Naperville-New 52 $199,900-$2,500,000

Closed-42 $355,000-$1,420,000

Oswego-New 8 $230,000-$600,000

Closed-12 $315,000-$581,900

Plainfield-New 34 $199,900-$774,900

Closed-34 $275,000-$750,500

St Charles-New 8 $409,500-$2,299,999

Closed-23 $260,000-$1,350,000

West Chicago-New 10 $239,900-$1,395,000

Closed-4 $268,000-$530,000

Yorkville-New 7 $279,900-$625,000

Closed-11 $275,000-$500,000

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

The median list price this week $399,999, last week $425,000

Closed median price this week $410,000, last week $405,000

Conventional financing was used to close 194 homes at a median price of $427,550 with 30 days average market time, last week 153 homes at $435,000 with 13 days average market time.

Conv 052822 — Conventional financing used for week ending May 28

Cash was used to close on 35 homes this week at a median price of $400,000 with 26 days average market time, last week 36 homes at median price of $405,000 with 15 days average market time.

Cash 052822 — Cash used to close for week ending May 28

FHA financing was used to close on 17 homes with a median price of $328,000 with 12 days average market time, last week 18 homes at a median price of $335,000 with 21 days average market time.

FHA 052822 — FHA financing used to close for week ending May 28

VA financing was used to close 6 homes at a median price of $390,000 with 6 days average market time, last week 10 homes at median price of $407,500 with 7 days average market time.

VA 052822 — VA financing used to close for week ending May 28

Buyers closed on 157 homes that were at least 2,000 square feet or more this week with a median price of $500,000 with 29 days average market time, last week 152 homes with a median price of $466,000 with 14 days average market time. Minimum price this week $255,000, last week $237,000.

2000 SF or more 052822 — Homes closed with 2,000 square feet or more for week ending May 28

Contracts accepted this week

Contract accepted this week were consistent. 275 this week compared to 278 the previous week.

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

Aurora-42 Bolingbrook-26

Geneva-12 Naperville-55

Plainfield-33 St Charles-23

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

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

The median price of homes that went under contract this week was $399,900 with 17 days average market time, last week median price $392,500 with 18 days average market time.

2022 by the month and a look back at 2021 and 2020

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 1143 1106

Totals 3948 4025 4377

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

Totals 4191 4566 5738

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

Totals 5558 3598 5180

2020 had the most new listings but the least closed. You can see how tight the market is this year. That is why prices have increased so much. Fewer new listings to choose from.

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

Resources

Everything you see darker and underlined click on it and it will take you to the site for the information. If you are looking for information not listed here let us know and we will point you in the right direction.

Check with your loan officer to see what rate you will be offered. It depends on your credit score what interest rate you will get. If you need help to improve your score talk to them. They will help you.

Request a home valuation if you are wanting to sell your home. Give us a little information about your home and what you have recently updated. We will let you know what it is worth in today’s market. You will also be shown and estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home this year? You need to contact a loan officer and get them all your financial information and apply for the loan so they can put you through underwriting and get approved subject to finding the home, appraisal and title. Taking this step will help you when you write an offer especially if there are other offers you are competing against. You will also not have to worry about last minute things coming up that need to be cleared up at the last minute.

You can sign-up for email alerts with your criteria and you will be emailed as soon as a property hits the market so you don’t miss anything.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

We can make recommendations for loan officers, real estate attorneys and home inspectors.

All data provided was from our MLS. MRED, LLC.

It is constantly updated.

Fox Valley home prices May 28. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices May 21

Posted on May 21, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 21

Fox Valley home prices May 21. We will take a look at what happened in the Fox Valley over the week. New listings, Closed, median prices, financing most used, homes that went under contract, resources, and 2022 by the month. No fluff. Just the data that we hope will help you get to know the Fox Valley real estate market.

New listings were consistent. 307 this week compared to 296 the previous week.

Closed listings were up. 218 this week compared to 182 the previous week.

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

Aurora-New 51 $165,900-$849,000

Closed-33 $130,000-$875,000

Bolingbrook-New 31 $159,900-$731,096

Closed-13 $220,000-$855,000

Geneva-New 14 $250,000-$1,100,000

Closed-7 $310,000-$560,000

Montgomery-New 10 $224,900-$369,900

Closed-6 $310,000-$385,000

Naperville-New 62 $319,000-$2,750,000

Closed-36 $355,000-$1,549,000

Oswego-New 9 $309,900-$1,250,000

Closed-14 $322,000-$475,000

Plainfield-New 41 $220,000-$1,299,900

Closed-29 $294,900-$682,500

St Charles-New 28 $279,900-$1,500,000

Closed-13 $175,000-$890,000

West Chicago-New 11 $199,900-$1,575,000

Closed-7 $225,000-$570,000

Yorkville-New 5 $254,500-$850,000

Closed-11 $212,000-$575,000

If the communities you are looking at do not have the price range you are looking for, you might need to expand where you are looking.

We just highlighted the communities with the most activity. Look at the picture above to see other communities that had lower activity.

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

Median list price this week $425,000, last week $415,000

Closed median price this week $405,000, last week $395,000

Stats 052122 — Median list and closed price for week ending May 21

Conventional financing was used to close 153 homes this week with a median price of $435,000 and 13 days average market time., last week 124 at median price of $425,000 and 23 days average market time.

Conv 052122 — Conventional financing used to close for week ending May 21

Cash was used to close on 36 homes this week with a median price of $405,000 and 15 days average market time, last week 24 homes at a median price of $402,500 and 17 days average market time.

Cash 052122 — Cash used to close for week ending May 21

FHA financing was used to close on 18 homes with a median price of $335,000 and 21 days average market time, last week 25 homes at median price of $300,000 and 18 days average market time.

FHA 052122 — FHA financing used to close for week ending May 21

VA financing was used to close on 10 homes this week with a median price of $407,500 and 7 days average market time, last week 8 homes at median price of $346,600 and 66 days average market time.

VA 052122 — VA financing used to close for week ending May 21

Homes that were at least 2,000 square feet or more closed on 152 homes at a median price of $466,000 and 14 days average market time, last week 11 homes at median price of $470,000 and 22 days average market time. Minimum price for homes that are at least 2,000 square feet or more closed at $237,000, last week $192,000.

2000 SF or more 052122 — Home that were 2,000 SF or more closed for week ending May 21

Contracts accepted this week

Contracts accepted this week are up. 278 this week compared to 259 the previous week.

Look at the communities seller’s accepted the most contracts:

Aurora-43 Bolingbrook-22

Geneva-10 Naperville-52

Oswego-16 Plainfield-35

St Charles-22

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

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

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

The median price of homes that went under contract this week $392,500 and 18 days average market time, last week median price was $399,900 and 22 days average market time.

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 858 641 531

Totals 3705 3523 4102

Check back with us every Saturday for the real estate market update. Next week will be the last full week of the month so we will also compare to 2021 and 2020 so you can see how this year is going.

Resources

Click on everything underlined to go to the site for more information. If there is any information that you are looking for that is not listed let us know and we will point you in the right direction.

Talk to your loan officer to see what interest rate they will be offering you. I depends on your credit score. If you need to improve your score talk to them and they will tell you what to do.

As you can see above, the most common loan type seller’s are looking for right now is a Conventional loan. It helps to get familiar with the different types of loans.

Take the extra step and get all your financial information to a loan officer and have them put you through underwriting so you know how much you are approved for before looking at homes. It will put you in a better position if you are up against other offers. I think they should of been doing this all along. It is hard to wait until a week before closing to find out you are approved. Sometimes there is last minute things that come up and so late in the game are hard to resolve so your closing date gets moved.

Request a home valuation if you are thinking about selling. Tell us a little bit about your home and what has been recently updated. We will let you know an estimate of what it might sell for and show you an estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

You can sign-up for email alerts. Choose the area and criteria you are looking for and you will receive an email when something comes up.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

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

Fox Valley home prices May 21. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices April 30

Posted on April 30, 2022April 30, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 30

Fox Valley home prices April 30. New listings of single family homes are down. 232 this week compared to 302 the previous week. This is not heading in the right direction. We need to keep increasing the amount of homes listed to keep up with the demand.

Closed listings this week are slightly up. 217 this week compared to 198 the previous week. Most buyers want to close at the end of the month.

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

Aurora-New 29 $129,000-$925,000

Closed-27 $135,000-$550,000

Bolingbrook-New 20 $275,000-$525,000

Closed-15 $191,500-$510,000

Geneva-New 12 $239,500-$799,900

Closed-11 $260,000-$810,344

Naperville-New 50 $285,000-$1,525,000

Closed-41 $286,500-$1,450,000

Oswego-New 16 $160,000-$650,000

Closed-9 $224,000-$705,558

Plainfield-New 24 $199,000-$659,900

Closed-34 $215,000-$970,000

St Charles-New 18 $274,900-$838,000

Closed-16 $270,000-$1,350,000

Yorkville-New 7 $255,000-$499,900

Closed-12 $220,000-$475,000

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

Median list price this week $399,900, last week $410,000.

Closed median price this week $393,717, last week $389,000

Stats 043022 — Median listed and closed Stats for week ending April 30

Conventional financing was used to close on 170 homes this week at a median price of $415,500 in 20 days average market time, last week 152 homes closed at median price of $395,000 with 27 days average market time.

Conv 043022 — Conventional financing used for week ending April 30

Buyers used cash to close on 27 single family homes with a median price of $370,000 and 29 days average market time, last week buyers closed on 23 homes with a median price of $470,000 and 12 days average market time.

Cash 043022 — Cash used to close for week ending April 30

FHA financing was used to close on 16 homes with a median price of $307,500 and 27 days average market days, last week also 16 homes at median price of $287,500 and 12 days average market time.

FHA 043022 — FHA financing used to close for week ending April 30

VA financing was used to close on 4 homes with a median price of $332,500 and 6 days average market time, last week 6 homes with a median price of $258,500 and 41 days average market time.

VA 043022 — VA financing used to close for week ending April 30

2,000 square feet or more homes closed on 140 single family homes with a median price of $473,142 and 20 days average market time, last week 116 homes with a median price of $473,750 and 33 days average market time. Minimum price this week for a home that is at least 2,000 SF or more closed at $258,000, last week $191,000.

2000 SF or more 043022 — Homes that are at least 2,000 SF or more closed for week ending April 30

Contracts accepted this week

Contracts accepted this week were up. 325 this week compared to 245 the previous week.

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

Aurora-41 Bolingbrook-27

Naperville-66 North Aurora-12

Oswego-17 Plainfield-40

St Charles-24 Winfield-11

Yorkville-13

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 10 with 48 hours and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours.

2022 by the month and a look back at 2021 and 2020

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 966

April 1168 966 1334

Totals 2847 2882 3571

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

Totals 3103 3278 4449

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

Totals 4206 2588 3736

2020 had the most new listings with the least amount of closed. This year we have the least amount of new listings and we are coning in 2nd for closed listings out of the 3 years.

New listings are steadily increasing this year, but not fast enough for the amount of buyers that are looking.

Resources

Click on anything that is underlined to take you to the site to get the information. If there is any other information that you are looking for just let us know.

Check with your loan officer to see what interest rates they are offering you. It depends on your credit score what interest rate you will be offered. They can help you bring up your score if you need to improve it.

Get the loan officer all your financial information so they can run you through underwriting so you are ready to go. When you find a house all you will need to do is home inspection/attorney review, and then you will be ready to order the appraisal. Just talking to them over the phone and giving them your information isn’t good enough anymore. You need to take this extra step to get ready before looking for homes.

Request a home valuation if you are thinking about selling your home. Let us know about your home and what has recently been updated. We will provide you with a net proceeds that shows you an estimate of the expenses to sell. When an offer comes in we will update this when we know all the terms.

You can sign-up for email alerts and get listings as they hit the market so you will not miss out on a thing.

If you are on facebook you can go to my business page and click on “shop now” and search anywhere in Illinois. You can even see what has sold.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need names of home inspectors or real estate attorneys we can provide you with a few that we have successfully worked with.

All data provided is from our MLS. MRED, LLC. It changes constantly throughout the day as agents update their information with new listings and status changes.

Fox Valley home prices April 30. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices November 6 2021

Posted on November 6, 2021 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 6 2021

Fox Valley home prices November 6 2021. New listings of single family homes are up. 183 this week compared to 152 the week before. This will help but it is still extremely low.

Closed listings of single family homes are down. 230 this week compared to 292 the week before. That is still not bad for the beginning of the month. Most buyers want to close at the end of the month.

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

Aurora-New 19 $95,000-$425,000

Closed-50 $115,000-$721,000

Batavia-New 10 $205,000-$429,900

Closed-7 $315,000-$630,512

Bolingbrook-New 20 $190,000-$455,535

Closed-11 $247,000-$495,000

Geneva-New 6 $439,900-$875,000

Closed-10 $220,000-$704,838

Montgomery-New 8 $239,000-$375,000

Closed-10 $193,000$328,000

Naperville-New 25 $339,000-$1,300,000

Closed-28 $252,000-$900,000

Oswego-New 16 $255,000-$1,075,000

Closed-12 $250,000-$480,000

Plainfield-New 20 $275,000-$550,000

Closed-36 $210,000-$627,000

St Charles-New 14 $269,900-$1,695,000

Closed-10 $211,000-$865,000

Yorkville-New 8 $214,900-$479,900

Closed-17 $230,000-$593,000

You should be able to click on the picture above to enlarge it to see the rest of the communities. This gives you and idea of the prices in each community. If you want to see everything that is listed and available let us know which communities you are looking at and what price range. We can get you set up to receive listings as they come on the market.

Financing used, median prices and 2000 or more square feet

Median list price of single family homes this week $350,000, last week $339,000.

Closed median prices of single family homes this week $350,000, last week $340,000.

Conventional financing on closed single family homes this week 149 at median price of $$370,000, last week 212 with median price of $365,000.

Cash closed this week 22 with median price of $290,000, last week 34 with median price of $327,450.

Conventional and Cash November 6 2021 — Conventional and Cash

FHA financing closed this week 48 with median price $305,000, last week 34 with median price $285,800.

VA financing closed this week 11 with median price $371,000, last week 10 with median price $319,500.

FHA and VA financing November 6 2021 — FHA and VA financing

2,000 square feet or more closed this week 129 with median price $402,890, last week 167 with median price $416,500. Minimum closed price this week $240,000, last week $209,100. This gives you an idea of prices if you are looking for more square feet.

2000 or more SF November 6 2021 — 2,000 square feet or more

We are still seeing Conventional financing is the most used or accepted by the seller. More FHA are starting to get through.

Contracts accepted this week

Contracts accepted this week are up. 278 this week compared to 218 the week before.

Look at the communities seller’s accepted the most contracts:

Aurora-38 Bolingbrook-25

Geneva-11 Montgomery-12

Naperville-37 Oswego-14

Plainfield-42 Sugar Grove-17

Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours and 11 with 48 hours.

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

Median price for homes that received a contract this week $327,450 with an average market time of 36 days.

2021 by the month

Month New Closed Contracts accepted

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 183 230 278

Totals 9849 11251 12248

October numbers are in between February and March numbers. April closed was the only month that was lower. The 7 months in between is where most of the activity happened.

Now that infrastructure has passed will we see more people moving for jobs?

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you are thinking about selling it is still a good time to sell. Buyers are still out there looking, and with inventory down you will not have as much competition. Request a home valuation and we will give you and estimate of what your home is worth in today’s market. We will provide you with a net proceeds that shows you and estimate of expenses. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home? You will need to get all your financial information together and get it to a loan officer. Just calling up and giving your information is not good enough anymore. You need to get pre approved so you can show the seller, when you do find a home, that you do qualify. The loan officer will provide you with a letter that shows what you are pre approved for. This will go with the offer.

Resources

Check with your loan officer for the current rates that you qualify for. Your credit will determine the rate you are offered. If you need to improve your credit ask the loan officer what will help the most for you.

We will guide you throughout the process. If you need recommendations for loan officers, real estate attorney or home inspectors we will provide you with a few of each and you can decide who you would like to work with.

All data is from our MLS MRED, LLC.

Fox Valley home prices November 6 2021. Have a great week! Let us know if you have any questions.

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley-February 15 2020

Posted on February 15, 2020 by Kristine Heiman, Designated Managing Broker

Market update Fox Valley-February 15 2020

Market update Fox Valley-February 15 2020. New listings of single family homes was down 14.49% this week. 295 this week compared to 345 the week before. We are definitely going in the wrong direction. Inventory is low already. I hope it picks up this week.

Closed listings were up 25.81% this week. 117 closed single family homes this week compared to 93 the week before. These numbers will increase as we get closer to the end of the month when most buyers want to close.

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

Aurora-New 34 $99,000-$488,500

Closed-17 $107,000-$332,500

Bolingbrook-New 13 $169,900-$339,900

Closed-11 $146,000-$429,000

Geneva-New $264,900-$819,000

Closed-3 $256,000-$329,000

Montgomery-New 10 $199,900-$317,000

Closed-7 $152,201-$284,000

Naperville-New 78 $289,000-$2,149,900

Closed-14 $247,000-$895,000

Oswego-New 25 $239,900-$529,900

Closed-5 $197,000-$329,900

Plainfield-New 31 $159,000-$519,900

Closed-21 $219,900-$790,000

St Charles/Campton Hills-

New-22 $249,900-$775,000

Closed-12 $81,250-$2,825,000

Contracts accepted this week

Contracts accepted this week are up 5.8%. 237 this week compared to 224 the week before. Not much of an increase. Weather might of been a factor for this week. We did get snow and very cold temperatures. We have been very lucky this winter. It has been pretty mild.

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

Aurora-28 Bolingbrook-21

Naperville-38 Oswego-17

Plainfield-32 St Charles/Campton Hills-21

Sycamore-11 Yorkville-11

5 short sales were accepted by sellers this week. 2 in Oswego and 1 each in Minooka, Naperville and Plainfield. Now they will be submitted to the lender to see if they will also accept.

Contracts were accepted by sellers that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 6 with 48 hours and 3 with 24 hours.

Also contracts were accepted by sellers that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours and 2 with 24 hours.

2020 activity by the month

Month New Closed Contracts accepted

January 1105 566 858

February 640 210 445

We are half way through the month and new listings and contracts accepted are on track to pass up the totals of January. Usually January and February are slower months but this year with the mild temperatures people are not waiting for Spring market. They know once Spring market hits they will have more competition. Now is a great time to be a seller!

Contact us

Call us at 630-503-6555. Your goal is our goal. We will do everything we can to help you reach your goal whether you are a buyer/seller of both.

Let us update the value of your home in 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 so you can make a good decision.

Thinking about buying this year? You need to contact a loan officer to get pre-qualified so you know the price range and type of loan that will work out best for you. Need recommendations? We can provide you with a few to contact so you can decide who best to work with.

Check out some great resources:

Let us know what questions you have. We will guide you through the process every step of the way.

Market update Fox Valley-February 15 2020. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

besthomesfv@gmail.com

Here is another way to search for a home. You can change to satellite view and it also has a chat feature.

Market Update Fox Valley 1-4-2020

Posted on January 4, 2020 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley 1-4-2020

Market update Fox Valley 1-4-2020. Happy New Year to all of you! I hope everyone’s new year is off to a great start. The last couple of weeks we have had a holiday in the middle of the week so numbers have been off. 3 days of last year are on this weeks numbers. Next week will be the first full week of the year.

New listings of single family homes this week more than doubled. 138 this week compared to 58 the week before. Not only were buyers busy getting ready for Christmas the REALTORS® were busy too getting ready for the holiday the week before. That is the difference in the 2 holiday weeks.

Closed listings of single family homes this week were not too far. This week 118 listings closed compared to 106 the week before. These numbers will increase as we head to the end of the month and no more holidays to interfere with banks and title companies closed.

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

Aurora-New 15 $128,500-$430,000

Closed-13 $160,000-$290,000

Bolingbrook-New 13 $150,000-$359,000

Closed-11 $182,100-$390,000

Naperville-New 27 $319,900-$1,197,000

Closed-17 $249,500-$623,800

Oswego-New 13 $199,900-$1,099,000

Closed-7 $250,000-$368,000

Plainfield-New 15 $245,000-$400,000

Closed-14 $167,000-$425,000

St Charles/Campton Hills-New 12 $140,000-$786,009

These are the communities that are consistently with higher numbers of new listings and closed homes. Is it the schools, work, roads or what the communities have to offer?

Contracts accepted this week

Contracts accepted this week on single family homes was not too far off of the week before. 107 this week compared to 98 the week before. I am looking forward to getting back to normal next week. No more holidays for awhile.

Are you wondering why I keep track of when contracts are accepted? I like to keep track of all kinds of activity. This lets me know that there are buyers out there ready to submit offers instead of just looking. Sometimes they do not close but they are ready to go. When it gets really active buyers do not have much time to think about what they want to do. They have to make a decision faster. Right now inventory is very low so even though numbers are down you still need to make a decision or move on and wait for more homes to come on the market.

Communities that sellers accepted the most contracts this week:

Aurora-15 Naperville-19

Plainfield-14

1 short sale was accepted this week in Yorkville. Now it will be submitted to the lender to see if they will also accept it as written.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours and 1 with 48 hours.

Also sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours and 5 with 48 hours. Sellers still feel confident they will sell and close.

2020 by the month

Month New Closed Contracts accepted

January 138 118 107

We are only 4 days into the new year. 3 of these days are from December of 2019. Last year is the first year I kept track of the months for the year so it will interesting to compare this year to last as we go along.

Activity happens year round. A lot of it has to do with the amount of inventory of homes on the market. Some months are definitely busier than others.

Now is a great time to have your home on the market so you don’t have so much competition as you do in the Spring market. Location, price and condition are the 3 factors that matter to get a home sold. If it is priced right for the location and condition it will sell.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

Let us update the value of your home in today’s market. We will provide you with a net proceeds that shows you an estimate of expenses to well. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Thinking about buying a home this year? You need to contact a loan officer to get pre-qualified so you know what type of loan and what price range will work out best for you. We can make some recommendations if you do not know who to call.

Check out some great resources:

Market update Fox Valley 1-4-2020. Have a awesome week and start to the New Year!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Sign up free for a different way to search for a home. You can change to satellite view and it also has a chat feature. Let us know what you think or if you have any questions.

12 14 19 Market Update Fox Valley

Posted on December 14, 2019 by Kristine Heiman, Designated Managing Broker

12 14 19 Market Update Fox Valley

12 14 19 market update Fox Valley. New listings were significantly down this week. 136 new listings of single family homes compared to 173 the week before. Buyers looking to get an offer excepted before the holiday have limited new listing choices this week.

Closed listings of single family homes were significantly up this week. 182 this week compared to 142 the week before. We are getting closer to the end of the month so this is to be expected. Both buyer and seller can get in and get settled before the holiday.

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

Aurora-New 19 $114,900-$515,000

Closed-29 $60,000-$459,000

Bolingbrook-New 9 $220,000-$499,900

Closed-17 $147,500-$375,000

Geneva-New 5 $324,900-$632,000

Closed-10 $326,000-$610,000

Naperville-New 35 $254,900-$3,990,000

Closed-28 $275,000-$1,400,000

Plainfield-New 13 $190.000-$398,735

Closed-29 $176,400-$500,000

St Charles/Campton Hills-

New-10 $200,000-$780,000

Closed-9 $193,000-$750,000

West Chicago-New 10 $189,000-$465,000

Closed-2 $220,000-$335,000

Do you see the price range that you are looking in on this list or in the picture above? Some buyers are waiting a long time for homes to come on the market that are below the $200,000 price. If you are looking above that price you have more to choose from.

Contracts accepted this week

Contracts accepted this week on single family homes was way up this week. 155 this week compared to 127 the week before. I think it is important to keep track of when contracts are getting accepted. It gives you an idea of how the market is doing. Buyers are still out there trying to find a home and ready to act when they find it. Price, location and condition is still when all of these are in line a home will sell.

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

Aurora-27 Bolingbrook-17

Napervillle-26 Plainfield-19

9 short sales were accepted by sellers this week. 2 in Plainfield and 1 each in Aurora, Montgomery, Naperville, Oswego, St Charles/Campton Hills, West Chicago and Yorkville. Now they will be submitted to the lender to see if they will also accept.

Sellers excepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 2 with 48 hours and 1 with 24 hours.

Contingent contracts were also accepted by sellers that the buyer still needs to sell and close on their current home. 2 with a kick-out clause of 72 hours, 1 with 48 hours and also 1 with 24 hours.

2019 by the month

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 679 727 656

December 309 524 282

Total 15,301 10,426 12,072

New listings sometimes get canceled and relisted so the days on market are lower. Not all contracts that get accepted close. Sometimes issues come up that can’t get resolved the way buyers and sellers can agree too. That does not necessarily mean there is a big problem with the home. This is where you need a good REALTOR® and real estate attorney to negotiate the issues that come up.

You can see that activity happens throughout the year. Some months are busier than others. If you are thinking about selling you can decide if you want sell when there is the most listings available or when there is not as much competition.

Contact us

Call us at 630-503-6555. Your goal is our goal. We will do everything we can to reach your goals. Do you have real estate questions?

Let us update the current value of your home in today’s market. We will provide you with a net proceeds that gives you an estimate of the expenses to sell so you can decide if now is a good time for you. 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 to see what type of loan and what price range will work out best for you. We can make some recommendations just ask.

Check out some great resources:

Whether you have kids in school it is still good to buy a home in a good school district. When you go to sell you will be happy you did.

12 14 19 Market update Fox Valley. 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 ext 101

besthomesfv@gmail.com

Sign up for a different way to search for a home. You can switch over to satellite view and it also has a chat feature. Have questions let us know.

11 30 19 Market Update Fox Valley

Posted on November 30, 2019November 30, 2019 by Kristine Heiman, Designated Managing Broker

11 30 19 Market Update Fox Valley

11 30 19 Market update Fox Valley. Market was down this week significantly. 100 this week compared 166 the week before. It was a holiday week so we really only had 3 business days so this is to be expected.

Closings this week were also down significantly. 154 this week compared 224 the week before. You can’t judge the market on this holiday week. Even REALTORS® took some time off to travel or prepare for Thanksgiving.

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

Aurora-New 17 $139,900-$340,000

Closed-30 $77,700-$550,000

Bolingbrook-New 6 $213,000-$425,000

Closed-13 $160,000-$350,000

Naperville-New 10 $300,000-$1,075,000

Closed-21 $225,000-$1,200,000

Oswego-New 7 $189,000-$545,000

Closed-11 $197,000-$313,000

Plainfield-New 11 $200,000-$414,900

Closed-21 $160,000-$512,156

St Charles/Campton Hills-

New $254,900-$675,000

Closed-12 $185,000-$900,000

Yorkville-New 11 $217,000-$575,000

Closed-3 $175,000-$249,000

Contracts accepted this week

Contracts accepted this week were also significantly down. 133 this week compared to 177 the week before. Hopefully we will get back to normal this week.

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

Aurora-15 Naperville-23

Plainfield-20 St Charles/Campton Hills-19

No short sales were accepted this week from sellers.

Sellers accepted contracts that are contingent on the buyers closing on their current home. 2 with a kick -out clause of 72 hours, 4 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. 2 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

2019 by the month of activity

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 679 727 656

Total 14,992 10,102 11,790

Some of those new listings are homes that have been relisted. Not all listings that receive contracts close. Some might have an inspection issue that can’t be negotiated to resolve or something might come up on the new title search that can’t be easily resolved. You need a good REALTOR® and real estate attorney that can help get through some of these issues.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal whether buying/selling your home.

Resources to check out:

Some lenders also help out with costs. You need to decide what helps out the most.

11 30 19 Market update Fox Valley. 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 x101

besthomesfv@gmail.com

Sign up free for another great way to search for a home. Click on the satellite view. It is like hovering over the homes so you can see if there is a nice yard, corner lot or fenced in back yard. It also has a chat feature. If you need help navigating let me know.