Author: Kristine Heiman, Designated Managing Broker
I am very involved with our local association and that allows me to stay current in what is happening in the Fox Valley market and all things real estate. I have been licensed since 1981. The market and the way we do business has changed so much over the years. What hasn't changed is the excitement when you find the right home!
Fox Valley home prices August 27th
Fox Valley home prices August 27th. We will update you on the Fox Valley area of Illinois new, closed, contracts accepted, 2022 by the month. Median prices and financing used for this week.
New listings this week were up. 214 this week compared to 171 the previous week.
Closed listings were down. 189 this week compared to 229 the previous week.
Aurora-New 42 $135,000-$799,999
Closed-26 $160,000-$812,000
Batavia-New 10 $334,900-$900,000
Closed-2 $329,000-$411,000
Bolingbrook-New 17 $199,900-$675,000
Closed-15 $240,000-$776,202
Naperville-New 31 $305,000-$2,490,000
Closed-41 $275,000-$1,750,000
Plainfield-New 20 $275,000-$611,848
Closed-31 $233,000-$650,000
St Charles-New 17 $259,000-$1,275,000
Closed-8 $263,000-$695,000
Yorkville-New 9 $394,990-$500,000
Closed-10 $125,000-$430,000
Click on the photo above to see activity in other communities this week that did not have as much action.
Median prices, financing used, and 2,000 SF or more
Median list price this week $400,000, last week $397,500.
Closed median price this week $410,000, last week $390,000.
Conventional financing was used to close 149 homes with median price $429,800 with 24 days average market time, last week 177 homes at median price $399,900 with 22 days average market time.
Cash was used to close 19 homes this week at median price $424,000 with 25 days average market time, last week 21 homes at median price $400,000 with 22 days average market time.
FHA financing was used to close 17 homes this week at median price $317,000 with 20 days average market time, last week 21 homes at median price $298,500 with 22 days average market time.
VA financing was used to close 4 homes this week at median price $402,000 with 16 days average market time, last week 8 homes at median price $407,500 with 30 days average market time.
Homes that were at least 2,000 square feet or more closed on 127 homes at median price $475,000 with 27 days average market time, last week 136 homes at median price $464,000 with 21 days average market time. Minimum price this week $235,000, last week $220,000.
Contracts accepted this week
Contracts accepted this week were down. 215 this week compared to 228 the previous week.
Aurora-27 Bolingbrook-16
Geneva-11 Montgomery-10
Naperville-35 Oswego-10
Plainfield-28 St Charles-12
Yorkville-15
No short sales were accepted by seller’s this week.
Seller’s accepted contracts that are contingent on the closing of their current home. 5 with a kick-out clause of 72 hours, 3 with 48 hours, and 2 with 24 hours.
Also, seller’s accepted contracts that are contingent on selling and closing on their current home. 2 with a kick-out clause of 48 hours and 1 with 24 hours.
Median list price of homes that went under contract this week $375,000 with 38 days average market time, last week $365,000 with 33 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 1101 893 806
June 1295 1409 1234
July 955 932 908
August 857 855 866
Totals 7055 6971 7385
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. Next week is the end of the month so we will also take a look back at 2021 and 2020 so you can see how this year is going.
Resources
Click on everything that is bold and underlined to take you to the site for the information.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Request a home valuation
- Sign-up for email alerts
- Search for homes today
check with your loan officer for the interest rate you will be offered. It depends on your credit score. They can also help you if you need to work on your score.
If you need recommendations for loan officer, real estate attorney, or home inspector we can recommend af ew of each and you can decide who you want to work with.
All data provided today is from our MLS system, MRED, LLC. It is constantly changing throughout the day as real estate agents upload new information.
Contact us
Call us with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.
Fox Valley home prices August 27th. Have an awesome week!
Kristine Heiman, SFR, SRS, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices August 20th
Fox Valley home prices August 20th. Busy time right now with everyone getting their kids back to school.
Every Saturday we are here to update you on the week with new listings, closed, contracts accepted, 2022 by the month, median prices and the financing used to get to closing.
New listing this week were down. 171 this week compared to 206 the previous week.
Closed listings were up. 229 this week compare to 213 the previous week.
Aurora-New 21 $99,900-$824,900
Closed-32 $177,000-$590,000
Bolingbrook-New 17 $189,900-$549,900
Closed-16 $195,000-$542,000
Geneva-New 5 $269,108-$595,000
Closed-19 $234,900-$980,000
Naperville-New 33 $389,000-$1,849,000
Closed-48 $290,000-$1,500,000
Oswego-New 8 $250,000-$624,900
Closed-12 $300,000-$581,660
Plainfield-New 25 $270,000-$615,000
Closed-19 $200,000-$621,180
St Charles-New 14 $165,000-$1,175,000
Closed-22 $245,000-$880,000
Yorkville-New 5 $249,900-$599,000
Closed-10 $280,000-$630,000
Median prices, financing used, and 2,000 SF or more
Median list price this week $397,500, last week $398,180.
Closed median price this week $390,000, last week also $390,000
Conventional financing was used to close on 177 homes this week at median price $399,990 with 22 days average market time, last week 155 homes at $433,000 median price with 18 days average market time.
Cash was used to close on 21 homes this week at median price $400,000 with 22 days average market time, last week 28 homes at median price $330,000 with 28 days average market time.
FHA financing was used to close on 21 homes this week at median price $298,500 with 22 days average market time, last week 20 homes at median price $315,000 with 13 days average market time.
VA financing was used to close on 8 homes this week at median price $407,500 with 30 days average market time, last week 9 homes at median price $333,000 with 18 days average market time.
2,000 square feet or more closed on 136 homes this week at median price $464,000 with 21 days average market time, last week 138 homes at median price $484,950 with 20 days average market time. Minimum price this week $220,000, last week $110,000.
Contracts accepted this week
Contracts accepted this week were slightly up. 228 this week compared to 222 the previous week.
Aurora-34 Bolingbrook-26
Naperville-29 Plainfield-33
St Charles-15 Yorkville-12
No short sales were accepted by seller’s this week
Sellers accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 8 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 72 hours, 6 with 48 hours, and 1 with 24 hours.
Median price of homes that went under contract this week $365,000 with 33 days average market time, last week median price $359,700 with 37 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 1101 893 806
June 1295 1409 1234
July 955 932 908
August 643 666 651
Totals 6841 6782 7170
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will take a look back at 2021 and 2020 so you can see how this year is going.
Resources
Click on anything that is underlined and bold. It will take you to the site for the information.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for a home today
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score. They can help you work on your score if you need it.
If you need recommendations for loan officer, real estate attorney, or home inspector let us know and we can recommend a few of each and you can decide who you want to work with.
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.
All data provided is from our MLS. MRED, LLC.
Fox Valley home prices August 20th. Have an awesome week!
Kristine Heiman, SFR, SRS, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices August 13th
Fox Valley home prices August 13th. We are now in the 2nd full week of August. Some schools have started and others will start soon.
New listings this week are down. 206 this week compared to 266 the previous week.
Closed listings are also down. 213 this week compared to 224 the previous week.
Aurora-New 39 $150,000-$650,000
Closed-29 $155,000-$790,000
Batavia-New 3 $265,000-$599,900
Closed-10 $230,000-$657,500
Bolingbrook-New 13 $229,000-$559,000
Closed-9 $175,000-$538,000
Naperville-New 30 $359,900-$1,299,000
Closed-43 $273,000-$1,185,792
Oswego-New 11 $235,000-$559,500
Closed-5 $385,000-$485,000
Plainfield-New 28 $279,900-$1,499,000
Closed-32 $275,000-$965,000
St Charles-New 18 $265,000-$2,980,000
Closed-12 $312,400-$720,000
Take a look at the photo above for other communities that had activity this week.
Median prices, financing used, and 2,000 SF or more
Median list price this week $398,180, last week $399,000
Closed median price this week $390,000, last week $407,500.
Conventional financing was used to close on 155 homes this week with a median price $433,000 with 18 days average market time, last week 151 homes with median price $455,000 with 19 days average market time.
Cash was used to close on 28 homes this week with median price $330,000 with 28 days average market time, last week 26 homes with median price $431,500 with 19 days average market time.
FHA financing was used to close on 20 homes this week with median price $315,000 with 13 days average market time, last week 38 homes with median price $300,000 with 27 days average market time.
VA financing was used to close on 9 homes with median price $333,000 with 18 days average market time, last week 7 homes with median price $350,000 with 22 days average market time.
Homes that were at least 2,000 square feet or more closed on 138 homes with median price $484,950 with 20 days average market time, last week 130 homes with median price $500,500 with 21 days average market time. Minimum price this week $110,000, last week $238,000.
Contracts accepted this week
Contracts accepted this week were up. 222 this week compared to 201 the previous week.
Aurora-31 Bolingbrook-18
Montgomery-13 Naperville-24
Oswego-10 Plainfield-22
St Charles-22 West Chicago-11
Yorkville-14
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 with a kick-out clause o 72 hours, 5 with 48 hours, and 6 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 72 hours and 10 with 48 hours.
Median price of home that went under contract this week in the Fox Valley $359,700 with 37 days average market time, last week median price $364,900 with 32 ays 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 1101 893 806
June 1295 1409 1234
July 955 932 908
August 472 437 423
Totals 6670 6553 6942
Check back with us every Saturday for the real estate market update. At the end of each month we will also look back at 2021 and 2020 so you can see how this year is going.
Resources
Click on each thing that is bold and underlined and it will take you to the site for the information. If you are looking for any other information please let us know.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Home valuation request
- Sign-up for email alerts
- Search for a home today
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score.
We make a few recommendations for loan officers, real estate attorney and home inspectors and you can decide who you want to work with.
All data provided is from our MLS. MRED, LLC. It continuously changes throughout the day as agents upload information.
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.
Fox Valley home prices August 13th. Have an awesome week!
Kristine Heiman, SRS, SFR, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices August 6th
Fox Valley home prices August 6th. Here we are in the first week of August already. Time is flying by this year. School will be starting in the next couple of weeks here.
We will show you the home prices for new listings, closed, contracts accepted, financing used and 2022 by the month in the communities here in the Fox Valley area of Illinois. We will also show you some great resources to check out. Let’s get started.
New listings this week are up. 266 this week compared to 218 the previous week.
Closed listings are down. 224 this week compared to 271 the previous week.
Aurora-New 30 $164,900-$675,000
Closed-33 $161,000-$637,600
Batavia-New 3 $309,900-$575,000
Closed-13 $235,000-$975,000
Bolingbrook-New 26 $215,000-$698,000
Closed-11 $245,000-$583,000
Montgomery-New 11 $195,000-$363,108
Closed-10 $155,000-$400,000
Naperville-New 53 $235,000-$2,200,000
Closed-37 $325,000-$2,400,000
Oswego-New 12 $260,000-$1,185,000
Closed-12 $235,000-$595,000
Plainfield-New 33 $229,000-$949,000
Closed-33 $215,000-$659,000
St Charles-New 17 $250,000-$1,699,000
Closed-13 $328,000-$712,742
Yorkville-New 13 $99,900-$550,000
Closed-5 $325,000-$682,000
These communities are the ones with the most activity this week. Check with the photo above for other communities with activity.
Financing used, median prices, and 2,000 SF or more
Median list price this week $399,000, last week $389,900
Closed median price this week $407,500, last week $395,000.
Conventional financing was used to close on 151 homes this week at median price $455,000 with 19 days average market time, last week 193 homes at median price $416,000 with 31 days average market time.
Cash was used to close on 26 homes this week at median price $431,500 with 19 days average market time, last week 34 homes at median price $451,551 with 21 days average market time.
FHA financing was used to close on 38 homes this week at median price $300,000 with 27 days average market time, last week 37 homes at median price $269,000 with 18 days average market time.
VA financing used to close on 7 homes this week at median price $350,000 with 22 days average market time, last week 5 homes at median price $365,000 with 4 days average market time.
Homes that were at least 2,000 square feet or more closed on 130 homes at median price $500,500 with 21 days average market time, last week 156 homes at median price $507,450 with 29 days average market time. Minimum price this week $238,000, last week $285,000.
Contracts accepted this week
Contracts accepted this week are down. 201 this week compared to 226 the previous week.
Aurora-33 Bolingbrook-13
Elburn-11 Naperville-29
Oswego-12 Plainfield-21
Yorkville-13
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. 4 with a kick-out clause of 72 hours, 8 with 48 hours, and 1 with 24 hours.
Median price of home that went under contract this week $364,900 with 32 days average market time, last week median price $373,450 with 31 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 1101 893 806
June 1295 1409 1234
July 995 932 908
August 266 224 201
Totals 6504 6340 6720
Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2021 and 2020 so you can see how this year is going compared to the previous 2 years.
Resources
Click on anything that is bold and underlined to take you to the site for the information. If there is something else you are looking for just let me know and I will point you in the right direction.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for a home today!
Check with your loan officer for the interest rate you will be offered. It depends on your credit score. If you need to work on your score they can help you.
We can recommend a few options for you to choose for a real estate attorney, home inspector or loan officer. Just let us know.
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 updated continuously throughout the day as agents upload their information.
Fox Valley home prices August 6th. Have an awesome week!
Kristine Heiman, SFR, SRS, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices July 30th
Fox Valley home prices July 30th. I hope you had a great week! We are back to update you on the new listings, closed, contracts accepted, median prices, financing used, and 2022 by the month with a look back at 2021 and 2020.
New listings this week were down. 218 this week compared to 277 the previous week. Many are getting vacations in before school starts.
Closed listings this week are up. 271 this week compared to 241 the previous week. The end of the month is when most buyers want to close.
Aurora-New 34 $165,000-$575,000
Closed-35 $110,000-$625,000
Batavia-New 4 $305,000-$445,000
Closed-12 $167,000-$969,900
Bolingbrook-New 15 $249,900-$649,000
Closed-21 $208,000-$640,000
Geneva-New 14 $370,000-$1,795,000
Closed-15 $295,000-$1,775,000
Montgomery-New 6 $244,900-$399,000
Closed-10 $186,000-$365,000
Naperville-New 31 $385,000-$3,500,000
Closed-45 $359,900-$1,700,000
Oswego-New 13 $270,000-$620,000
Closed-13 $280,000-$600,000
Plainfield-New 35 $194,900-$625,000
Closed-35 $180,000-$1,069,527
St Charles-New 10 $300,000-$725,000
Closed-18 $230,000-$715,000
West Chicago-New 13 $185,000-$575,000
Closed-12 $275,000-$590,000
Financing used, median prices, and 2,000 SF or more
Median list price this week $389,900, last week $400,000
Closed median price this week $395,000, last week $405,200.
Conventional financing was used to close on 193 homes this week at a median price $416,000 with 31 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.
Cash was used to close on 34 homes this week at median price $451,551 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.
FHA financing was used to close on 37 homes this week at median price $269,000 with 18 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.
VA financing was used to close on 5 homes this week at median price $365,000 with 4 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.
Homes that were at least 2,000 square feet or more closed on 156 homes at median price $507,450 with 29 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $285,000, last week $299,000.
Contracts accepted this week
Contracts accepted this week were down. 226 this week compared to 245 the previous week.
Aurora-28 Bolingbrook-16
Geneva-12 Montgomery-12
Naperville-28 Oswego-11
Plainfield-32 St Charles-17
Sycamore-10
1 short sale was accepted by a seller this week. It was 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. 4 with a kick-out clause of 72 hours, 1 with 48 hours, and 2 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 5 with a kick-out clause of 48 hours.
Median list price of homes that went under contract this week $373,450 with 31 days average market time, last week median list price $385,000 with 33 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 893 806
June 1295 1409 1234
July 995 932 908
Totals 6238 6116 6519
2021
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
Totals 6759 7434 8619
2020
January 1105 566 858
February 1267 529 1024
March 1186 707 1079
April 648 786 775
May 1352 1010 1444
June 1232 908 1534
July 1417 1453 1852
Totals 8207 5959 8566
You can see how the new listings are less every year for the last 3 years. That explains the price increases. Check back with us every Saturday for the Fox Valley area of Illinois home prices.
Resources
Everything that is underlined and bold click on to go to the site for the information. If there is information that you are looking for not listed below let us know and we will point you in the right direction.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for a home today
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score. If you need to work on your score your loan officer can help you with that.
Getting approved for a loan before you even start looking is smart. Find a lender that will put you through underwriting to get you approved. You will be more confident in looking and will not be chewing your finger nails waiting to be approved a week before closing.
All data is downloaded this morning from our MLS. MRED, LLC. It is continuously updated throughout the day as agents enter information.
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 will guide you through the process.
Fox Valley home prices July 30th. Have an awesome week!
Kristine Heiman, SFR, SRS, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices July 23rd
Fox Valley home prices July 23rd. I apologize for being late 2 weeks in a row. We will show you the home prices in the Fox Valley area of Illinois. New listings, closed, median prices, financing used, contracts accepted, 2022 by the month, and some great resources for you to check out.
New listing this week were down. 243 this week compared to 277 the previous week.
Closed listings this week were consistent. 245 this week compared to 241 the previous week.
Aurora-New 31 $170,000-$509,900
Closed-31 $150,000-$600,000
Bolingbrook-New 17 $185,000-$502,000
Closed-20 $191,100-$774,900
Geneva-New 8 $325,000-$1,290,000
Closed-13 $40,100-$1,100,000
Naperville-New 44 $350,000-$1,800,000
Closed-40 $300,000-$1,566,475
Oswego-New 18 $230,000-$498,000
Closed-12 $255,000-$595,000
St Charles-New 18 $244,900-$1,400,000
Closed-15 $275,000-$913,000
Sycamore-New 12 $199,900-$679,000
Closed-6 $172,000-$466,000
West Chicago-New 12 $254,900-$669,900
Closed-8 $167,500-$875,000
Yorkville-New 10 $356,990-$639,000
Closed-10 $225,000-$600,000
Financing used, median price, and 2,000 SF or more
Median list price this week $394,950, last week $400,000
Closed median price this week $396,000, last week $405,200.
Conventional financing was used to close on 179 homes at median price $416,000 with 16 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.
Cash was used to close on 27 homes this week at median price $370,500 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.
FHA financing used to close on 23 homes this week at median price $315,000 with 27 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.
VA financing used to close on 15 homes at median price $378,000 with 18 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.
Homes closed on 141 homes that were at least 2,000 square feet or more this week at median price $475,000 with 17 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $274,000, last week $299,000.
Contracts accepted this week
Contract accepted this week were consistent. 247 this week compared to 245 the previous week.
Aurora-37 Bolingbrook-23
Geneva-17 Montgomery-12
Naperville-43 Oswego-13
Plainfield-29 St Charles-14
No short sales were accepted this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 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 also 3 with 48 hours.
Median price of home under contract this week $399,500 with 25 days average market time, last week median price $385,000 with 33 days average market time.
2022 by the month
Month New Closed Contract accepted
January 422 492 623
February 523 520 724
March 734 904 890
April 1168 966 1334
May 1101 893 806
June 1295 1409 1234
July 777 661 682
Totals 6020 5845 6293
Next week is the last week of the month so we will also look back at 2021 and 2020 so you can compare to see how this year is going.
Resources
Click on anything that is bold and underlined to go to the site for information. If there is information not listed that you are looking for let us know so we can point you in the right direction.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Request a home valuation
- Sign-up for email alert
- Search for a home today
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score. They can help you if you need to work on your score to bring it up.
We will provide you with a net proceeds when you request a home valuation that shows you an estimated of expenses to sell. This will be updated when an offer comes in and we know all the terms.
If you are thinking about purchasing a home get all your financial information to a loan officer that will put you through underwriting and get you approved subject to appraisal and title work. When you go looking at homes you will be more confident that you will be able to go through with the sale. Seller’s will be more confident in accepting your offer. It just makes sense.
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 was downloaded yesterday from our MLS, MRED, LLC. Data continuously changes throughout the day.
Fox Valley home prices July 23rd. Have an awesome week!
Kristine Heiman, SRS, SFR, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices July 16th
Fox Valley home prices July 16th. I am late posting this blog post because I was enjoying time with my grandkids last week. Data was downloaded Saturday morning like usual. I give you the numbers instead of percentages so you can actually see the activity. I will show you the new listings, closed listings, median prices, financing used, 2022 by the month and how many contracts were accepted by seller’s this week. We will also show you some good resources you can use for information or help.
New listings this week were up. 277 this week compared to 257 the previous week.
Closed listings were also up. 241 this week compared to 175 the previous week.
Aurora-New 38 $100,000-$749,900
Closed-46 $153,000-$870,000
Bolingbrook-New 19 $234,900-$825,000
Closed-14 $275,000-$585,000
Geneva-New 10 $195,000-$699,000
Closed-5 $456,000-$950,000
Montgomery-New 11 $215,000-$484,900
Closed-9 $230,000-$375,000
Naperville-New 59 $360,000-$6,000,000
Closed-46 $245,500-$1,500,000
Oswego-New 17 $240,000-$1,400,000
Closed-15 $235,000-$528,419
Plainfield-New 33 $270,000-$875,000
Closed-23 $255,500-$740,000
St Charles-New 17 $248,900-$950,000
Closed-23 $225,000-$1,275,000
West Chicago-New 10 $212,000-$950,000
Closed-7 $275,000-$528,000
These are the communities with the most activity. Look at the picture above for other communities that also had activity but in smaller numbers.
Financing used, median prices and 2,000 SF or more
Median list price this week$400,000, last week $415,000
Closed median price this week $405,200, last week $414,900.
Conventional financing was used to close 175 homes this week at median price $430,000 with 20 days average market time, last week 120 homes at median price $440,000 with also 20 days average market time.
Cash was used to close on 24 homes this week at median price $396,000 with 39 days average market time, last week also 24 homes at median price $402,500 with 31 days average market time.
FHA financing used to close on 28 homes at median price $317,500 with 13 days average market time, last week 22 homes at median price $325,000 with 22 days average market time.
VA financing was used to close on 13 homes at median price $399,900 with 16 days average market time, last week 8 homes at median price $407,500 with 9 days average market time.
Homes that were at least 2,000 square feet or more closed on 157 homes at median price $498,000 with 18 days average market time, last week 106 homes at median price $472,500 with 20 days average market time. Minimum price this week $299,000, last week $229,000.
Contracts accepted this week
Contracts accepted this week were up. 245 this week compared to 190 the previous week.
Aurora-37 Bolingbrook-17
Naperville-49 Oswego-12
Plainfield-32 St Charles-15
No short sales were accepted by seller’s this week. If you are having trouble you might be able to sell and not have to sell short in this market.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 2 with 48 hours, and 3 with 24 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 5 with a kick-out clause of 72 hours, 1 with 48 hours, and also 1 with 24 hours.
Median price for homes that went under contract this week $385,000 with 33 days average market time, last week median price $375,000 with 28 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 1101 893 806
June 1295 1409 1234
July 534 416 435
Totals 5777 5600 6046
It is still a tight market. When new listings start to exceed closed by a wider margin prices will continue to rise.
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also look back at 2021 and 2020 so you can compare and see how this year is going.
Resources
Click on anything that is highlighted and underlined to take you to the site for the information. If there is other information that you are looking for just let us know so we can point you in the right direction.
- Loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Home valuation request
- Sign-up for email alerts
- Search for a home today
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score. If you need to work on your score to bring it up they can help you with that.
We will provide you with a net proceeds when you request a home valuation. This shows you 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.
If you are thinking about buying a home get all your financial information together, and get it to your loan officer, so they can put you through underwriting so you can get approved before even looking at homes. You will know that you qualify for the homes that you are looking at, and the seller will not worry about accepting your offer knowing that you have already gone through the process. As long as the home appraises out and title work is done it will close. Waiting until a week before closing to find out you are approved is crazy.
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 recommendation for loan officers, real estate attorneys or home inspectors we can recommend a few and you choose who you want to work with.
All data is from our MLS. MRED, LLC. It was downloaded Saturday morning. After the download the numbers change continuously throughout the day as agents upload their new listings, price changes, contract pending and closed homes.
Fox Valley home prices July 16th. Have an awesome week!
Kristine Heiman, SRS, SFR, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Fox Valley home prices July 9th
Fox Valley home prices July 9th. We will update you on the prices, financing used, communities receiving the most contracts and show you 2022 by the month.
New listings this week are up. 257 this week compared to 207 the previous week.
Closed listings this week are way down. 175 this week compared to 344 the previous week.
Aurora-New 33 $174,900-$699,000
Closed-25 $60,000-$607,500
Batavia-New 5 $299,900-$1,395,000
Closed-11 $240,000-$599,500
Bolingbrook-New 26 $212,800-$850,000
Closed-11 $320,000-$545,000
Elburn-New 12 $334,900-$1,599,000
Closed-7 $305,000-$700,000
Geneva-New 14 $269,900-$1,050,000
Closed-10 $285,000-$705,000
Montgomery-New 13 $219,900-$410,000
Closed-6 $222,500-$331,000
Naperville-New 51 $299,900-$3,400,000
Closed-35 $360,000-$1,750,000
Plainfield-New 28 $244,900-$764,900
Closed-19 $280,000-$675,000
St Charles-New 13 $309,900-$1,199,000
Closed-15 $137,000-$674,041
Yorkville-New 13 $275,000-$525,000
Closed-5 $250,000-$450,000
Other communities had activity. You might want to check them out in the photo above.
Financing used, median prices and 2,000 SF or more
Median list price this week $415,000, last week $404,900
Closed median price this week $414,900, last week $420,000
Conventional financing was used to close on 120 homes this week with a median price $440,000 with 20 days average market time, last week 251 homes with median price $450,000 with 19 days average market time.
Cash was used to close on 24 homes with a median price $402,500 with 31 days average market time, last week 46 homes with median price $399,000 with 17 days average market time.
FHA financing was used to close on 22 homes with median price $325,000 with 22 days average market time, last week 37 homes at median price $327,500 with 17 days average market time.
VA financing was used to close on 8 homes at median price $407,500 with 8 days average market time, last week 7 homes at median price $428,000 with 17 days average market time.
Homes that were at least 2,000 square feet or more closed on 106 homes at median price $472,500 with 20 days average market time, last week 222 homes at median price $510,000 with 19 days average market time. Minimum price for 2,000 square feet or more this week $229,800, last week $125,000. What a difference a week makes!
Conventional financing continues to be the most accepted way seller’s are choosing which buyer’s to work with. The majority of homes closed this week were 2,000 square feet or more.
Contracts accepted this week
Contracts accepted this week were down. 190 this week compared to 225 the previous week.
Aurora-30 Bolingbrook-19
Naperville-28 Oswego-13
Plainfield-24
These communities continue to be the most active communities.
No short sales were accepted by sellers this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 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, 3 with 48 hours, and 1 with 24 hours.
Median price of homes that went under contract this week $375,000 with 28 days average market time, last week median price $400,000 with 23 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 1101 893 806
June 1295 1409 1234
July 257 175 190
Totals 5500 5359 5801
It is still a very tight market with new listings. Even with interest rates rising. Some will need to adjust the price of home they are looking at.
Check back with us every Saturday for the real estate market update. At the end of each month we will also take a look at 2021 and 2020 so you can compare the 3 years to see how this year is going.
Resources
We give you these resources every week. Click on anything that is bold and underlined to take you to the site for more information. If there is information that you are searching for not listed here please let us know and we will point you in the right direction.
- Loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
- Email alert sign-up
- Home valuation
- Search for a home today!
Check with your loan officer for the rate you will be offered. It depends on your credit score. If you need to work on your credit score they can help you with that.
If you click on the home valuation and give us information about your home and what has been recently update we can let you know what it might sell for in today’s market. We will also provide you with a net proceeds that shows you the expenses to sell. This will be updated when an offer comes in so you can make a good decision.
Thinking about buying a home? Get all your financial information together and get it to a loan officer so they can run you through underwriting and get you approved for a loan subject to appraisal and title update. When you do this a seller will be confident that choosing your offer will be a good bet that it will close.
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 today is from our MLS. MRED, LLC. It is continuously updated throughout the day as agents upload their new listings, price changes and contracts accepted.
Fox Valley home prices July 9th. Have an awesome week! Let us know how we can help you.
Kristine Heiman, AHWD, SRS, SRES, SFR
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
630-742-7730 Cell Phone
Fox Valley home prices July 2nd
Fox Valley home prices July 2nd. This week in addition to New listings, closed listings, contracts accepted, median prices we will also take a look back at 2021 and 2020 so you can see how this year is going. The majority of this week was in June so we will count it in with June totals.
New listings this week were down significantly. 207 this week compared to 295 the previous week.
Closed listings this week were up significantly. 344 this week compared to 224 the previous week. The end of the month is when most buyer’s want to close.
Take a look at the communities with the most activity this week:
Aurora-New 31 $125,000-$524,000
Closed-39 $140,000-$555,000
Bolingbrook-New 21 $235,000-$589,000
Closed-34 $170,000-$780,005
Geneva-New 9 $320,000-$610,000
Closed-15 $365,000-$690,000
Montgomery-New 3 $150,000-$399,900
Closed-13 $235,000-$370,000
Naperville-New 35 $369,000-$2,850,000
Closed-71 $325,000-$1,415,000
Oswego-New 17 $230,000-$482,990
Closed-17 $345,000-592,500
Plainfield-New 26 $235,000-$749,900
Closed-45 $211,000-$702,590
St Charles-New 11 $270,000-$2,899,900
Closed-28 201,800-$2,300,000
West Chicago-New 4 $300,000-1,150,000
Closed-13 $148,000-$565,000
Yorkville-New 15 $309,000-$629,000
Closed-7 $343,490-$530,000
You might want to look at communities with less activity.
Financing most used, median prices and 2,000 SF or more
Median list price this week $404,900, last week $425,000
Closed median price this week $420,000, last week $408,999
Conventional financing used to close 251 homes this week at median price $450,000 with 19 days average market time, last week 163 homes at median price $450,000 with 13 days average market time.
Cash was used to close on 46 homes at median price $399,000 with 17 days average market time, last week 24 homes at median price $405,999 with 16 days average market time.
FHA financing was used to close on 37 homes at median price $327,500 with 17 days average market time, last week 27 homes at median price $306,050 with 11 days average market time.
VA financing was used to close 7 homes at median price $428,000 with 17 days average market time, last week 9 homes at median price $365,000 with 14 days average market time.
Homes that were at least 2,000 square feet or more closed on 222 homes this week at median price $510,000 with 19 days average market time, last week 131 homes with median price $516,000 with 13 days average market time. Minimum price this week was $125,000, last week $175,000.
Contracts accepted this week
Contracts accepted this week were down. 225 this week compared to 256 the previous week.
Look at the communities seller’s accepted the most contracts this week:
Aurora-41 Batavia-10
Bolingbrook-18 Geneva-12
Naperville-28 Oswego-15
Plainfield-23 St Charles-21
No short sales were accepted by sellers this week.
Seller’s accepted contracts this week that were contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 7 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 72 hours and also 2 with 48 hours.
Median price of homes that went under contract this week $400,000 with 23 days average market time, last week $375,000 with 22 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 893 806
June 1295 1409 1234
Totals 5234 5184 5611
2021
January 543 649 829
February 561 604 778
March 993 1099 1455
April 1006 926 1387
May 1088 1288 1289
June 1450 1686 1671
Totals 5641 6252 7409
2020
January 1105 566 858
February 1267 529 1024
March 1186 707 1079
April 648 786 775
May 1352 1010 1444
June 1232 908 1534
Totals 6790 4506 6714
2020 was the best year for New listings, and 2021 was best for closings. 2022 was the lowest for new listings. Inventory has steadily decreased each year. You can see why prices have increased the way they have.
Check back with us every Saturday for the Fox Valley area of Illinois real estate market update.
Resources
Everything that is bold and underlined click on so it will take you to the site for the information.
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- IHDA programs
Check with your loan officer to see what interest rate you will be offered. It depends on your credit score. They can help you if you need to work on it and bring it up.
Request a home valuation if you are thinking about selling your home. Tell us a little bit about your home and what has recently been updated. We will give you and estimate of what it will sell for in today’s market. Also, we will give you a net proceeds that shows you the expenses to sell. This will be updated when an offer comes in and we know all the terms.
If you are thinking about buying a home this year get all your financial information to a loan officer that will put you through underwriting and get you approved for a loan before you even start looking. Then you will know that you are looking at the right priced homes. You will be able to close quicker and the seller will be more comfortable about accepting your offer knowing that you have already gone through the process. You can sign up for email alerts so you don’t miss out on any homes that come on the market.
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 today is from our MLS. MRED, LLC. It is continuously updated as agents upload their information.
Fox Valley home prices July 2nd. Have a happy and safe 4th of July!
Kristine Heiman, SFR, SRS, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101