Activity this week Fox Valley August 12 2017
Activity this week Fox Valley August 12 2017. New listings were down from last week. 297 this week compared to 326 last week. Not too bad but when inventory is low this does not help. School is getting ready to start in most areas so hopefully we will be picking up again real soon.
Closed listings were way down this week. 233 this week compared to 326 last week. It is the beginning of the month. These number will pick up as we get closer to the end of the month.
Take a look at the communities this week with the most activity:
Aurora-New 45 Closed 37
Batavia-New 10 Closed 3
Bolingbrook-New 21 Closed 11
Geneva-New 23 Closed 12
Montgomery-New 9 Closed 12
Naperville-New 37 Closed 50
Plainfield-New 41 Closed 32
St Charles-New 22 Closed 14
Sycamore-New 8 Closed 10
Yorkville-New 17 Closed 6
Contracts accepted this week
Contracts accepted this week were down from last week. 219 this week compared to 257 last week. 7 contracts were accepted that were a short sale.
Sellers this week accepted contracts where the buyer has a home that already has a contract on it. 1 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.
Sellers also accepted contracts where the buyer either has not put their home on the market yet or they do have it on the market with no contract yet. 2 with a kick-out clause of 72 hours and 4 with 48 hours.
Take a look at the communities that had the most accepted contract this week:
Aurora-44 with 2 of those a short sale
Naperville-33 with 3 of those a short sale
North Aurora-10 with 1 of those a short sale
Plainfield-30 with 1 of those a short sale
Great time to be a Seller
It is still a great time to be a Seller! Inventory remains low in most areas of the Fox Valley. Prices are up. Request a home valuation to see what your home is worth in today’s market. See if it is the right time for you to make a move. We can also tell you what you need to do to get your home market ready.
Contact us for questions that you have and recommendations of loan officers to contact. We will guide you through the process. If you would like to search for homes you can do that anytime anywhere in Northern Illinois. Search for Down payment assistance. Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Activity this week Fox Valley August 12 2017. Best Homes Fox Valley Have a great week!