Market Update Fox Valley-February 9 2019

Marke Update Fox Valley-Kane and Kendall last 10 years
Last 10 years single family homes sold in Kane and Kendall County

Market Update Fox Valley-February 9 2019

Market update Fox Valley-February 9 2019.  The first picture is sold single family homes in the last 10 years in Kane and Kendall County.  I thought you might be interested to see the trend.  Kendall County did not dip in price as low as Kane County did but they are back up there slightly above Kendall County now.

New listings this week were way above last week!  325 this week compared to 181 last week.  If you are a buyer you are thrilled that there is so much more to see. Thinking about selling? You better get busy and give us a call so we can get your home on the market.  Spring market is starting early this year!

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

Aurora-New 35 $74,900-$624,900                                                    Closed-18 $110,000-$349,900

Batavia-New 10 $259,900-$630,000                                                 Closed-2 $325,000-$445,000

Bolingbrook-New 16 $135,000-$449,000                                          Closed-8 $143,000-$405,000

Geneva-New 10 $269,000-$1,250,000                                             Closed-3 $350,000-$475,000

Montgomery-New 20 $114,900-$358,692                                         Closed-2 $169,900-$265,000

Naperville-New 75 $260,000-$1,950,000                                          Closed-7 $317,500-$1,015,000

Oswego-New 14 $144,900-$374,900                                                Closed-3 $155,000-$400,000

Plainfield-New 38 $130,000-$1,300,000                                           Closed-11 $159,900-$408,950

St Charles/Campton Hills-New 31 $239,900-$1,750,000                  Closed-5 $173,500-$572,500

Warrenville-New 10 $174,000-$2,149,000                                         Closed-2 $233,000-$247,000

Yorkville-New 14 $174,900-$379,990                                                 Closed-4 $255,000-$449,900

Contracts Accepted this Week

Market Update Fox Valley-February 9 2019-Contracts Accepted this WeekContracts accepted this week were up slightly.  209 this week compared to 181 last week.  These numbers will probably really increase next week with all the new listings this week.

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

Aurora-39                            Bolingbrook-19                             Montgomery-14

Naperville-38                       Oswego-11                                   Plainfield-18

Short sales were the same as last week with only 1 and it was also in Aurora.  Just like last week.  Now it will get submitted to the lender to see if they will accept it.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 2 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contract were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  5 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

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

If you are thinking about purchasing a home this year the first step is to get pre-qualified with a loan officer.  We can make some recommendations if you do not have one already.  They will provide you with a letter showing what you qualify for.  That will go with an offer when we find you the right home.

Thinking about selling?  Now is the time to get it on the market.  Spring market is the best time of the whole year.  It is starting early this year.

Things to check out:

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

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

New tool to search for homes https://remine.com/re/bhfvsearch

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-December 8 2018

Market Update Fox Valley-December 8 2018

Market Update Fox Valley-December 8 2018.  Improved market this week!  New listings this week 175 compared to 156 last week.  We had to get past Thanksgiving and a snow storm.

Closings were down this week.  164 this week compared to 180 last week. That is the difference between the last week of the month to the first week of the month.  These numbers should improve as we head into the end of the month and end of the year.

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

Aurora-New 26 $85,500-$400,000                                               Closed-21 $110,000-$460,000

Batavia-New 5 $270,000-$359,900                                              Closed-12 $149,000-$909,220

Bolingbrook-New 10 $160,000-$324,000                                     Closed-12 $155,000-$362,500

Naperville-New 22 $224,900-$2,399,000                                     Closed-28 $190,525-$645,000

Plainfield-New 22 $224,900-$698,000                                         Closed-24 $208,000-$445,000

St Charles/Campton Hills-New 23 $164,900-$650,000               Closed-15 $227,000-$2,000,000

Yorkville-12 $267,060-$365,546                                                  Closed-11 $175,000-$375,000

First 2 million dollar sale in Kane County this year! It was in St Charles and it was a cash deal.

Contracts Accepted this Week

Contracts accepted this week were slightly up. 138 this week compared to 128 last week.  We just had to get past a holiday and a snow storm.

Short sales were also slightly up this week. 6 this week compared to 2 last week.  They still remain low so that is a good thing.  2 of them were in Aurora.  1 each in Bolingbrook, Plainfield, St Charles/Campton Hills and Sycamore.  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.  2 with a kick-out clause of 72 hours and 1 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours and 2 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. 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 a net proceeds that will show you an estimate of expenses.  Let you know what you need to do to get your home market ready.

If you are thinking about purchasing a home your first step is to contact a loan officer and get pre-qualified.  They will provide you with a letter that will go with an offer when we find a home.  It will say what type of loan you are going for and how much you qualify for so a seller will feel comfortable accepting your offer.

Things you might want to check out:

Market Update Fox Valley-December 8 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-December 1 2018

Market Update Fox Valley-December 1 2018Market update Fox Valley-December 1 2018.   Definitely an increase in new listings this week!  156 this week compared to 90 last week.  Last week was a holiday week so it was a short week.  Next week will be our first full week of December.  The last month of the year.  It is time to start thinking about next year.  If you are thinking about selling in 2019 now is the time to start planning.  You might even want to ask for certain things for gifts to help with fixing something up or replacing something to spruce it up.

Closing this week were also up.  180 this week compared to 122 last week.  This week was the last full week of the month which is always busy.  This next month should be a repeat of this month with a holiday at the end of the month and everyone wanting to close at the end of the month and also the end of the year.

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

Aurora-New 31 $115,360-$499,900                                                   Closed-25 $102,000-$482,000

Bolingbrook-New 13 $189,900-$415,000                                         Closed-19 $115,000-$416,000

Montgomery-New 3 $155,000-$243,800                                          Closed-12 $145,000-$275,000

Naperville-New 22 $219,000-$1,450,000                                          Closed-24 $210,000-$688,000

Plainfield-New 19 $159,900-$589,900                                              Closed-25 $177,500-$572,500

St Charles/Campton Hills-New 15 $174,900-$1200,000               Closed-10 $180,000-$653,833

Contracts Accepted this Week

Market Update Fox Valley-December 1 2018-Contracts Accepted this WeekContracts accepted this week by Sellers were down this week.  128 this week compared to 137 last week.  If you are not from the area last Sunday we had heavy wet snow that I think slowed things down for the beginning of the week.  People were out of power Sunday night into Monday and some even longer than that.

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

Aurora-30                          Bolingbrook-10                                  Geneva-10

Naperville-13                    Plainfield-14                                       St Charles/Campton Hills-11

Short sales accepted this week were the same as last week.  2 were accepted both weeks.  Now they will be submitted to the lender to see if they will also accept contract as written.

Contracts were accepted by Sellers that are contingent on the Buyers closing on their current home before the can purchase.  2 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Sellers also accepted contracts that are contingent of the sale and closing on the Buyers current home. 1 each with a kick-out clause of 72, 48 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.

Let us update your home value 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 so you can make a decision.

Buyers need to get pre-qualified to begin looking at houses.  The loan officer will provide them with a letter that will go with an offer when they find a home.  This needs to be within the last 30 days or it will have to be updated.

Other things to look at:

Let us know what real estate questions that you have.

Market update Fox Valley-December 1 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 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- April 28 2018Market Update Fox Valley-April 28 2018

Market Update Fox Valley-April 28 2018.   New home listings increased slightly this week.  342 this week compared to 335 last week.  Even a slight increase is welcome to buyers that are out there looking.  They are hungry for something new to look at.  

Closed homes also increased this week.  237 this week compared to 205 last week.  The last week of the month is always the busiest.  Buyers come to closing with less money the closer you get to the end of the month.

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

Aurora-New 41 $68,300-$489,900                     Closed-35 $82,000-$455,000                         Active-232 $59,000-$1,450,00 with 3 Auctions

Batavia-New 7 $279,900-$875,000                    Closed-10 $270,000-$420,000                      Active-85 $179,000-$3,995,000 with 1 Auction

Bolingbrook-New 23 $126,000-$699,999         Closed-16 $151,000-$355,000                       Active-127 $120,000-$699,999

Geneva-New 17 $170,000-$599,000                 Closed-8 $230,000-$412,000                          Active-142 $170,000-$1,750,000

Montgomery-New 10 $179,900-$339,900       Closed-6 $180,000-$298,000                          Active-54 $139,000-$339,900 with 1 Auction

Naperville-New 76 $242,900-$1,650,000         Closed-36 $287,000-$1,359,000                     Active-583 $209,900-$7,425,000 with 2 Auctions

North Aurora-New 10 $174,900-$330,000       Closed-6 $171,000-$316,990                          Active-59 $174,900-$595,000

Oswego-New 10 $224,900-$389,900                Closed-17 $145,010-$565,000                       Active-94 $169,000-$1,595,000

Plainfield-New 39 $179,900-$899,950              Closed-31 $199,900-$432,500                       Active-272 $149,000-$1,079,000 with 1 Auction

St Charles-New 30 $108,108-1,048,000            Closed-17 $165,000-$595,000                       Active-371 $108,108-$3,350,000

Sycamore-New 11 $154,900-$394,900             Closed-8 $66,000-$342,500                            Active-61 $114,000-$649,900

West Chicago-New 13 $149,900-$695,000      Closed-6 $199,000-$410,000                          Active-84 $128,501-$949,900 with 1 Auction

Winfield-New 12 $222,500-$749,900                 Closed-1 $552,000                                           Active-45 $222,500-$1,300,000

Yorkville-New 12 $255,000-$525,000                Closed-14 $170,000-$475,000                       Active-125 $164,900-$975,000

Market Update Fox Valley-April 28 2018-Contracts AcceptedContracts accepted this week

Contracts accepted this week by Sellers were slightly higher than last week.  357 this week compared to 321 last week.  Spring market is very active.  Multiple offers received on many properties.  This can be very frustrating for Buyers.  More new listings are needed in every price range to meet the demand.

Short sales were lower this week.  2 this week compared to 5 last week.  Now they will be submitted to the lender to see if they will also accept the price and terms as written.  We are happy to see short sales are getting fewer as time goes on.  Prices have increased so not as many Sellers are under water.

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

Aurora-40                                        Bolingbrook-17

Geneva-13                                       Montgomery-14

Naperville-71                                  North Aurora-12

Oswego-19                                     Plainfield-48

St Charles-29                                 West Chicago-13

Yorkville-16

Sellers have accepted contracts this week that are contingent on the closing of their current home.  Buyers have accepted a contract on their current home but need to close before purchasing.  7 with a kick-out clause of 72 hours, 12 with 48 hours and 7 with 24 hours.

Contingent contracts were also accepted by Sellers that the buyers home needs to sell and close before purchasing.  Buyers home might or might not currently be on the market.  No contract has been accepted on their current home. 4 with a kick-out clause of 72 hours and also 4 with 48 hours.

Resources

Thinking about selling your home?  Contact us to do a market analysis so you know the value in the current market.  We will let you know what you need to do to get your home market ready.  Give you an estimate of what you will walk away with at closing.

If you are thinking about purchasing a home you might want to take a look at loans and the process.  Contacting a loan officer to get pre-approved is your first step.  You need to find out what you qualify for and what type of loan will work best for you.  This pre-approval needs to go with an offer when you find the home you like.

You might want to see what current interest rates are.  The interest rate you will receive will depend on your credit score and your financial situation.  Your loan officer can help you if you need to raise your score so you can get a better rate.

Check out school ratings.  Especially if you are moving to a newer community and you are not familiar with the schools.  Buying a home in a good school district is a good idea whether you have kids or not.

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.

Market update Fox Valley-April 28 2018.  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