Fox Valley home prices February 3rd

Posted on February 3, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd. Temperatures this next week are going to be so nice! Upper 40’s to mid 50’s.

New listings this week are up. 138 this week compared to 119 the previous week.

Closed listings are also up. 140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

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

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324 — Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324 — Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324 — Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324 — FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324 — VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time. Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324 — 2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are up slightly. 142 this week compared to 131 the previous week.

Aurora-19 Bolingbrook-10

Elgin-24 Naperville-15

Plainfield-17

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. 1 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324 — Under contract stats for week ending February 3rd

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 579 523 599

2023

January 483 326 470

2022

January 422 492 623

We waited until this week since there were 3 days this week still in January.

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

Contact us

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

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

Information for you to check out

Fox Valley home prices February 3rd. 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 January 27th

Posted on January 27, 2024January 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 27th

Fox Valley home prices January 27th. It looks like we will not see the sun again this next week. Next Friday for groundhog day it is supposed to be cloudy. I am sure looking forward to an early Spring.

New listing this week are slightly up. 119 this week compared to 99 the previous week.

Closed listing this week are consistent. 97 this week compared to 96 the previous week. You can’t get more consistent than that!

Aurora-New 9 $180,000-$474,900

Closed-11 $145,100-$480,000

Bolingbrook-New 12 $250,000-$862,777

Closed-7 $275,000-$480,000

Elgin-New 15 $204,900-$569,999

Closed-13 $210,000-665,000

Naperville-New 11 $599,000-$1,300,000

Closed-11 $370,000-$1,170,000

Plainfield-New 19 $287,500-$824,900

Closed-13 $320,000-$820,584

St Charles-New 7 $270,000-$1,299,000

Closed-10 $105,000-$1,550,000

28 Communities had activity this week. This is just 6 of the ones that had the most activity. Check the photo above for the other communities and their price ranges.

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

Median list price this week $411,450, last week $429,874.

Closed median price this week $381,000, last week $428,250.

Stats 012724 — Stats for week ending January 27th

Conventional financing was used to close on 71 homes this week at median price $435,000 with 49 days average market time, last week 77 homes at median price $435,000 with 52 days average market time.

Conv 012724 — Conventional financing used to close for week ending January 27th

Cash was used to close on 15 homes this week at median price $350,000 with 20 days average market time, last week 9 homes at median price $529,900 with 31 days average market time.

Cash 012724 — Cash used to close for week ending January 27th

FHA financing was used to close on 9 homes this week at median price $325,000 with 36 days average market time, last week 5 homes at median price $270,000 with 3 days average market time.

FHA 012724 — FHA financing used to close for week ending January 27th

VA financing was used to close on 2 homes this week at median price $315,000 with 45 days average market time, last week 4 homes at median price $376,500 with 31 days average market time.

VA 012724 — VA financing was used to close for week ending January 27th

2,000 SF or more closed on 53 homes at median price $495,000 with 52 days average market time, last week 60 homes at median price $529,950 with 39 days average market time. Minimum price this week $246,00, last week $250,000.

2000 SF or more 012724 — 2,000 SF or more closed for week ending January 27th

Conventional financing was used on 73% of the homes that closed.

Under contract this week

Homes that went under contract are up slightly. 131 this week compared to 121 the previous week.

Aurora-13 Elgin-12

Naperville-18 Oswego-13

Plainfield-19

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $399,900 with 66 days average market time, last week median price $402,900 with 57 days average market time.

Under contract stats 012724 — Under contract stats for week ending January 27th

2024 by the month

Month New Closed Under contract

January 438 383 457

This is the last full week of the month. Next week we have a couple of days to close so I will wait until next week to compare to 2023 and 2022.

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

Contact us

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

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

Information for you

Fox Valley home prices January 27th. 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 January 20th

Posted on January 20, 2024January 20, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 20th

Fox Valley home prices January 20th. Bright and sunny today with a high of 13 and a low tonight of -14. Next week we will get into the 30’s. I can’t wait!

New listings this week are down. 99 this week compared to 128 the previous week.

Closed listing are consistent. 96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges. Things did not completely stop even with the sub-zero temperatures.

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

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024 — Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024 — Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024 — Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024 — FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024 — VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time. Minimum price this week and also last week $250,000.

2000 SF or more 012024 — 2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week. If you do not have cash you need to get approved using Conventional if you want to win. A pre-approval letter is just not enough right now. You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down. 121 this week compared to 133 the previous week.

Aurora-14 Bolingbrook-13

Naperville-13 Plainfield-15

1 short sale was accepted by a seller this week. It was in Bolingbrook. It will now get 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. 1 with a kick-out clause of 72 hours and 2 with 48 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 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024 — Under contract stats for week ending January 20th

2024 by the month

Month New Closed Under contract

January 319 286 326

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 also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us at 630-502-6555 with all your real estate questions. Your goal is our goal.

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

Information to check out

Fox Valley home prices January 20th. 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 January 13th

Posted on January 13, 2024January 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d 20 degrees and sunny today after a snow day yesterday. Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high. So it is time to bundle up.

New listings this week are up. 128 this week compared to 92 the previous week.

Close listings are also up. 106 this week compared to 84 the previous week.

This week was the first full week of the year. New year’s day everything was closed.

We have added 2 towns this week by request. Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

Closed-23 $209,000-$1,110,000

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2 — Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2 — Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2 — Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2 — FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2 — VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time. Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2 — 2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois. Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up. 133 this week compared to 72 the previous week.

Aurora-15 Bolingbrook-12

Elgin-21 Naperville-12

Plainfield-12 Yorkville-10

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. 1 with a kick-out clause of 72 hours and 1 with 48 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 and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2 — Under contract stats for week ending January 13th

2024 by the month

Month New Closed Under contract

January 220 190 205

Contact us

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

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

Information to check out

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few and you decide who you want to work with.

Fox Valley home prices January 13th. Have an awesome week and stay warm!

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 January 6th

Posted on January 6, 2024January 6, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 6th

Fox Valley home prices January 6th. Happy New Year! This is the first week of the year.

We just had our first snow fall and expect to get a big snow fall on Tuesday. We will see.

New listings are up. 92 this week compared to 48 the previous week.

Closed listings are down. 84 this week compared to 101 the previous week.

Aurora-New 7 $182,000-$519,900

Closed-15 $210,000-$508,000

Bolingbrook-New 11 $259,000-$459,900

Closed-6 $255,000-$510,000

Naperville-New 6 $395,000-$1,350,000

Closed-11 $320,000-$1,454,418

Plainfield-New 13 $339,000-$799,000

Closed-7 $330,000-$540,000

Yorkville-New 10 $305,000-$420,000

Closed-5 $50,000-$425,000

Look at photo above for some of the other communities that had activity this week. See the price ranges in those communities.

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

Median list price this week $400,000, last week $399,900.

Closed median price this week $365,000, last week $390,000.

Stats 010624 — Stats for week ending January 6th

Conventional financing was used to close on 51 homes this week at median price $389,500 with 47 days average market time, last week 71 homes at median price $399,900 with 40 days average market time.

Conv 010624 — Conventional financing used to close for week ending January 6th

Cash was used to close on 20 homes this week at median price $350,000 with 65 days average market time, last week 15 homes at median price $355,000 with 50 days average market time.

Cash 010624 — Cash used to close for week ending January 6th

FHA financing was used to close on 9 homes this week at median price $346,000 with 26 days average market time, last week 7 homes at median price $395,000 with 34 days average market time.

FHA 010624 — FHA financing used to close for week ending January 6th

VA financing used to close on 4 homes this week at median price $319,500 with 24 days average market time, last week 8 homes at median price $383,250 with 17 days average market time.

VA 010624 — VA financing used to close for week ending January 6th

2,000 SF or more closed on 41 homes at median price $480,000 with 69 days average market time, last week 55 homes at median price $465,000 with 43 days average market time. Minimum price this week $200,000, last week $265,000.

2000 SF or more 010624 — 2000 SF or more homes closed for week ending January 6th

2024 is continuing the trend of using Conventional financing more than any other type of financing. Next is cash.

Under contract this week

Homes that went under contract this week are up. 72 this week compared to 43 the previous week.

Plainfield -19

One short sale to report this week. It was in St Charles.. 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. 1 with a kick-out clause of 72 hours, 2 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 and 1 with 24 hours.

Median price of homes that went under contract this week $419,450 with 69 days average market time, last week $359,000 with 48 days average market time.

Under contract stats 010624 — Under contract stats for week ending January 6th

2024 by the week

Month New Closed Under contract

January 92 84 72

We are just beginning the new year. Check back with us every Saturday for the Fox Valley area of Illinois real estate market update. At the end of each month we will look back at 2023 and 2022 so you have something to compare to.

Contact us

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

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

Get more information on

Fox Valley home prices January 6th. 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 December 30th

Posted on December 30, 2023December 30, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 30th

Fox Valley home prices December 30th. Mid 30’s for the next couple of weeks. More seasonal temperatures then what we have been having.

New listings are slightly up. 48 this week compared to 38 the previous week.

Closed listings are down. 101 this week compared to 126 the previous week.

It is the holidays so things are slower right now.

Aurora-New 13 $119,000-$811,515

Closed-15 $167,500-$585,000

Bolingbrook-New 2 $300,000-$385,000

Closed-10 $166,200-$1,170,000

Naperville-New 4 $779,000-$1,550,000

Closed-19 $350,000-$169,836,218

Plainfield-New 11 $320,000-$1,050,000

Closed-14 $287,000-$600,000

Hopefully after the 1st of the year we will see more listings come onto the market.

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

Median list price this week $399,900, last week $392,222.

Closed median price this week $390,000, last week $382,500.

Stats 123023 — Stats for week ending December 30th.

Conventional financing was used to close on 71 homes this week at median price $399,900 with 40 days average market time, last week 93 homes at median price $412,000 with 46 days average market time.

Conv 123023 — Conventional financing used to close for week ending December 30th.

Cash was used to close on 15 homes this week at median price $355,000 with 50 days average market time, last week 21 homes at median price $354,000 with 33 days average market time.

Cash 123023 — Cash used to close for week ending December 30th.

FHA financing was used to close on 7 homes this week at median price $395,000 with 34 days average market time, last week 11 homes at median price $318,000 with 22 days average market time.

FHA 123023 — FHA financing used to close for week ending December 30th.

VA financing was used to close on 8 homes this week at median price $383,250 with 17 days average market time, last week 1 home at $303,750 with 6 days average market time.

VA 123023 — VA financing used to close for week ending December 30th.

2,000 SF or more closed on 55 homes this week at median price $465,000 with 43 days average market time, last week 64 homes at median price $442,500 with 59 days average market time. Minimum price this week $265,000, last week $268,000.

2000 SF or more 123023 — 2000 SF or more closed for week ending December 30th.

The majority of the homes closed this week used Conventional financing and half of them were at least 2000 square feet or more.

Under contract this week

Homes that went under contract this week are way down. 43 this week compared to 97 the previous week.

Plainfield-12

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause for 48 hours.

Median price for homes that went under contract this week $359,000 with 48 days average market time, last week $375,000 with 63 days average market time.

Under contract stats 123023 — Under contract stats for week ending December 30th.

2023 and a look back at 2022, 2021, 2020, and 2019

2023 New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 249 497 363

Totals 7950 7828 8347

2022

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 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 257 524 322

Totals 9477 9883 9871

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

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

December 349 1044 652

Totals 10572 12919 13533

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

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

December 513 971 783

Totals 12343 11869 14146

2019

January 878 407 568

February 1032 463 832

March 1731 915 1375

April 1594 792 1307

May 1645 995 1280

June 1643 1253 1218

July 1423 1008 1090

August 1585 1330 1196

September 1164 765 869

October 1041 738 776

November 897 946 839

December 496 638 497

Totals 15129 10250 11847

What a difference from 2019 to 2023. You can see the steady decline in listings. Supply and demand. You can see why listings have increased in price.

Contact us

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

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

To get information about types of loans and the process, VA loans and the requirements, down payment resource, IHDA programs, request a home valuation, sign-up for email alerts and search for a home go here.

Fox Valley home prices December 30th. Happy New Year! Have an awesome week ahead.

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 December 23rd

Posted on December 23, 2023December 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd. Mid 50’s the next few days and then dropping to the mid 30’s. Winter is here but not the temperatures. I am ok with that. How about you?

New listings this week are way down. 38 this week compared to 78 the previous week.

Closed listings are slightly down. 126 this week compared to 138 the previous week.

Everyone is slowing down with the holidays upon us.

Aurora-New 2 $300,000-$549,000

Closed-13 $171,000-$900,000

Bolingbrook-New 3 $290,000-$510,000

Closed-13 $220,000-$450,000

Naperville-New 4 $559,000-$1,950,000

Closed-23 $340,000-$1,350,098

Plainfield-New 5 $354,901-$665,000

Closed-19 $205,500-$756,723

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $392,222, last week $425,000.

Closed median price this week $382,500, last week $417,495.

Stats 122323 — Stats for week ending December 23rd.

Conventional financing was used to close on 93 homes this week at median price $412,000 with 46 days average market time, last week 96 homes at median price $439,950 with 36 days average market time.

Conv 122323 — Conventional financing used to close for week ending December 23rd.

Cash was used to close on 21 homes at median price $354,000 with 33 days average market time, last week 18 homes at median price $400,500 with 54 days average market time.

Cash 122323 — Cash used to close for week ending December 23rd.

FHA financing was used to close on 11 homes this week at median price $318,000 with 22 days average market time, last week 21 homes ate median price $371,000 with 49 days average market time.

FHA 122323 — FHA financing used to close for week ending December 23rd.

VA financing was used to close on 1 home this week at $303,750 with 6 days market time, last week 3 homes at median price $289,900 with 33 days average market time.

VA 122323 — VA financing used to close for week ending December 23rd.

2,000 SF or more closed on 64 homes at median price $442,500 with 59 days average market time, last week 80 homes at median price $528,500 with 45 days average market time. Minimum price this week $268,000, last week $315,000.

2000 SF or more 122323 — 2,000 SF or more for week ending December 23rd.

A little of 73% or people used Conventional financing to close on their home this week. The trend continues.

Under contract this week

Homes that went under contract this week are up slightly. 97 this week compared to 88 the previous week.

Aurora-20 Naperville-15

Plainfield-16

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $375,000 with 63 days average market time, last week $414,950 with 54 days average market time.

Under contract stats 122323 — Under contract stats for week ending December 23rd.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 201 396 320

Totals 7902 7727 8304

Only 1 more week left of 2023 and I will be sharing 2022 and 2021 so you have it to compare to. Then on to 2024!

Contact us

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

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

For information on types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request, sign-up for email alerts go here.

Fox Valley home prices December 23rd. Have an awesome week! Happy Holidays to you!

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 December 16th

Posted on December 16, 2023December 16, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 16th

Fox Valley home prices December 16th. Mid 40’s continue to the end of the year. We will take it.

New listings this week are consistent. 78 this week compared to 85 the previous week.

Closed listings are also consistent. 138 this week compared to 132 the previous week.

We definitely are not setting any records this year.

Aurora-New 11 $215,000-$627,000

Closed-20 $142,500-$760,000

Elburn-New 2 $484,800-$825,000

Closed-10 $318,600-$515,000

Naperville-New 7 $449,900-$1,585,000

Closed-31 $412,000-$1,550,000

Plainfield-New 18 $335,000-$650,000

Closed-18 $280,000-$604,000

Check out the other communities that had activity this week and their price ranges in photo above.

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

Median list price this week $425,000, last week $399,500.

Closed median price this week $417,495, last week $364,950.

Stats 121623 — Stats for week ending December 16th

Conventional financing was used to close on 96 homes this week at median price $439,950 with 36 days average market time, last week 84 homes at median price $368,659 with 28 days average market time.

Conv 121623 — Conventional financing used to close for week ending December 16th.

Cash was used to close on 18 homes this week at median price $400,500 with 54 days average market time, last week 25 homes at median price $485,000 with 37 days average market time.

Cash 121623 — Cash used to close for week ending December 16th.

FHA financing was used to close on 21 homes this week at median price $371,000 with 49 days average market time, last week 16 homes at median price $352,500 with 28 days average market time.

FHA 121623 — FHA financing used to close for week ending December 16th.

VA financing was used to close on 3 homes this week at median price $289,900 with 33 days average market time, last week 7 homes at median price $364,900 with 40 days average market time.

VA 121623 — VA financing used to close for week ending December 16th.

2,000 SF or more close on 80 homes this week at median price $528,500 with 45 days average market time, last week 63 homes at median price $490,000 with 40 days average market time. Minimum price this week $315,000, last week $115,000.

2000 SF or more 121623 — 2,000 SF or more closed for week ending December 16th.

Conventional financing continues to be the most used way to close. FHA financing finally beat out cash this week.

Under contract this week

Homes that went under contract this week are down. 88 this week compared to 135 the previous week.

Aurora-13 Naperville-19

Plainfield-18

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. 3 with a kick-out clause of 72 hours and 2 with 48 hours.

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

Median price of homes that went under contract this week $414,950 with 54 days average market time, last week $379,900 with 61 days average market time.

Under contract stats 121623 — Under contract stats for week ending December 16th.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 163 270 223

Totals 7864 7601 8207

Check 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 also take a look back at 2022 and 2021.

Contact us

Call us with all your real estate questions. Your goal is our goal.

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

We have some resources you can check out on our website for types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation, sign-up for email alerts and search for a home here.

Fox Valley home prices December 16th. 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 December 9th

Posted on December 9, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 9th

Fox Valley home prices December 9th. 49 degrees today and sunny. The next couple of weeks

will be in the upper 30’s to mid 40’s. The weather is not preventing anyone from out looking at homes.

New listings this week are down. 85 this week compared to 115 the previous week.

Closed listings are also down. 132 this week compared 153 the previous week.

Aurora-New 20 $114,400-$710,975

Closed-23 $133,900-$415,000

Naperville-New 12 $299,999-$2,200,000

Closed-23 $355,000-$1,275,000

Plainfield-New 13 $250,000-$630,000

Closed-19 $257,000-$767,660

Yorkville-New 3 $290,000-$429,990

Closed-14 $220,000-$440,000

Take a look at the photo above to see the other communities that had activity this week and their price ranges.

Financing used, median price, 2,000 SF or more

Median list price this week $399,500, last week $407,771.

Closed median price this week $364,950, last week $424,900.

Stats 120923 — Stats for week ending December 9th.

Conventional financing was used to close on 84 homes this week at median price $368,659 with 28 days average market time, last week 104 homes at median price $430,000 with 39 days average market time.

Conv 120923 — Conventional financing used to close for week ending December 9th.

Cash was used to close on 25 homes this week at median price $485,000 with 37 days average market time, last week 24 homes at median price $444,432 with 40 days average market time.

Cash 120923 — Cash used to close for week ending December 9th.

FHA was used to close on 16 homes this week at median price $352,500 with 28 days average market time, last week 15 homes at median price $330,000 with 50 days average market time.

FHA 120923 — FHA financing used to close for week ending December 9th.

VA financing was used to close on 7 homes this week at median price $364,900 with 40 days average market time, last week 8 homes at median price $409,900 with 56 days average market time.

VA 120923 — VA financing used to close for week ending December 9th.

2,000 SF or more close on 63 homes this week at median price $490,000 with 40 days average market time, last week 95 homes at median price $497,500 with 44 days average market time. Minimum price this week $115,000, last week $229,900.

2000 SF or more 120923 — 2,000 SF or more closed for week ending December 9th.

There is only 3 weeks left of 2023. The theme of the year is Conventional financing. I am still surprised at all the cash deals with the prices going up.

Under contract this week

Under contract this week is up. 135 this week compared to 92 the previous week.

Aurora-24 Bolingbrook-12

Naperville-23 Plainfield-18

1 short sale was accepted by a seller this week. It was in Yorkville. 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. 2 with a kick-out clause of 72 hours, 1 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 home that went under contract this week $379,900 with 61 days average market time, last week $360,000 with 44 days average market time.

Under contract stats 120923 — Under contract stats for week ending December 9th.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 85 132 135

Totals 7786 7463 8119

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 also take a look back at 2022 and 2021.

Contact us

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

All data provided today is from our MLS, MRED, LLC.

To get information on some great resources Types of loans and the process, VA loans and the requirement, down payment assistance, IHDA programs, Home valuation request, sign-up for email alerts or to search for homes go here.

Fox Valley home prices December 9th. 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 December 2nd

Posted on December 2, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 2nd

Fox Valley home prices December 2nd. The weather has not been bad so far for this time of year. We had a little snow but that is gone now. No snow for at least the next couple of weeks.

New listing are up. 115 this week compared to 67 the previous week.

Closed listings are up. 153 this week compared to 90 the previous week.

It was a holiday week the previous week so it is not comparing to a normal week.

Aurora-New 17 $205,000-$699,000

Closed-21 $185,000-$640,000

Bolingbrook-New 13 $239,900-$529,900

Closed-11 $280,000-$801,736

Geneva-New 3 $435,000-$1,393,805

Closed-10 $365,500-$710,000

Naperville-New 21 $349,900-$4,888,000

Closed-21 $325,000-$2,550,000

Oswego-New 4 $405,643-$600,510

Closed-11 $265,000-$1,325,000

Plainfield-New 19 $295,000-$695,000

Closed-26 $239,800-$657,395

St Charles-New 1 $898,000

Closed-10 $290,000-$1,934,500

Yorkville-New 5 $394,500-$429,900

Closed-11 $310,000-$475,000

Other communities had activity this week. Look at the photo above to see the price ranges in those communities.

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

Median list price this week $407,771, last week $375,000.

Closed median price this week $424,900, last week $387,000.

Stats 120223 — Stats for week ending December 2nd.

Conventional financing was used to close on 104 homes this week at median price $430,000 with 39 days average market time, last week 58 homes at median price $387,500 with 30 days average market time.

Conv 120223 — Conventional financing used to close for week ending December 2nd.

Cash was used to close on 24 homes this week at median price $444,432 with 40 days average market time, last week 14 homes at median price $402,500 with 34 days average market time.

Cash 120223 — Cash used to close for week ending December 2nd.

FHA financing used to close on 15 homes this week at median price $330,000 with 50 days average market time, last week 11 homes at median price $360,000 with 14 days average market time.

FHA 120223 — FHA financing used to close for week ending December 2nd.

VA financing was used to close on 8 homes this week at median price $409,900 with 56 days average market time, last week 7 homes at median price $483,293 with 23 days average market time.

VA 120223 — VA financing used to close for week ending December 2nd.

2,000 SF or more closed on 95 homes this week at median price $497,500 with 44 days average market time, last week 44 homes at median price $481,646 with 38 days average market time. Minimum price this week $229,900, last week $301,000.

2000 SF or more 120223 — 2,000 SF or more closed for week ending December 2nd.

Conventional financing continues to be the way to go if you do not have cash.

Under contract this week

Homes that went under contract this week are slightly down. 92 this week compared to 115 the previous week.

Aurora-17 Naperville-11

Plainfield-16

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

A seller accepted a contract this week 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 and 5 with 48 hours.

Median price of homes that went under contract this week $360,000 with 44 days average market time, last week $399,900 with 38 days average market time.

Under contract stats 120223 — Median prices of home under contract for week ending December 2nd.

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

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

Totals 7701 7331 7984

2022

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 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

Totals 9220 9359 9549

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1008 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

Totals 10143 11875 12901

The numbers keep decreasing every year. That is why prices have gone up so much. Not enough homes come on the market.

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

Contact us

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

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

For some great resources about types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request and to sign-up for email alerts go here.

Fox Valley home prices December 2nd. 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