10 12 19-Market Update Fox Valley

10 12 19-Market Update Fox Valley

10 12 19-market update Fox Valley.  New listings of single family homes was down this week.  275 this week compared to 291 the week before.  Season is changing and so is the market.  Things are still happening but at a little slower pace.  This might work out well for buyers that had a hard time competing with other buyers for a home.  Sellers need to make sure you are pricing your home right from the beginning.

Closed single family homes were also down this week.  165 this week compared to 235 the week before. It is the beginning of the month  and 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 43 $125,000-$375,000

            Closed 21 $123,000-$549,000

Bolingbrook-New 16 $135,000-$334,900

                    Closed 14 $155,000-$470,000

Montgomery-New 10 $189,900-$399,500

                     Closed 9 $169,900-$307,999

Naperville-New 45 $269,750-$1,250,000

                 Closed 26 $260,000-$800,000

Oswego-New 14 $239,900-$650,000

              Closed 7 $149,000-$500,000

Plainfield-New 36 $169,900-$525,000

                Closed 18 $220,000-$393,060

St Charles/Campton Hills-

               New 26 $85,000-$1,700,000

              Closed 10 $189,000-$525,000

Sugar Grove-New 11 $225,000-$339,900

                    Closed 3 $210,000-$335,000

Yorkville-New 13 $220,000-$565,000

              Closed 4 $165,000-$325,000

Contracts accepted this week

10 12 19-Market Update Fox Valley-Contracts Accepted this week

Contracts accepted this week on single family homes was pretty consistent.  192 this week compared to 195 the week before.  Buyers are still out there looking and ready to go.

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

Aurora-31                 Bolingbrook-19                     

Naperville-26            Oswego-10             

 Plainfield-27            St Charles/Campton Hills-19

4 short sales were accepted by sellers this week.  1 each in Aurora, Naperville,  Plainfield and Sugar Grove.

Sellers accepted contracts that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours, 9 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.  4 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Market update Fox Valley by the month

New listings        Closed listings       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-566             400                     387

Contact us

Call us at 630-503-6555.  Our goal is your goal.  Let us know what your goal is and we will do everything we can to meet your goal. If we think is not attainable we will let you know why and if it is possible with some changes.

We are here to explain the process of buying or selling a home and guide you through the process.

Let us update the value of your home in today’s market. We will provide you with a net proceeds that is an estimate of expenses to sell.

Wanting to buy a home?  Your first step is to talk to a loan officer to see what type of loan and what price range will work out for you.  Then we can get started looking.  Let us know your time frame.

Check out some resources:

Also talk to your loan officer to see if they offer lender credits.

10 12 19-market update Fox Valley.  Have a great week!  Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Also another way to search for a home.  I would be happy to help you with this one.  I can share my page with you and show you how this one works.  It also has a chat feature.

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