Fox Valley area of Illinois home prices December 27th
Fox Valley area of Illinois home prices December 27th. It is 41 degrees and cloudy right now. This next week we should see highs from 17-58 degrees and lows from -1-45. Those are wide ranges of temperatures so be ready for it.
New listing this week are down. 39 this week compared to 89 the previous week.
Closed listings are also down. 99 this week compared to 153 the previous week.
That is the difference with a holiday during the week.
Aurora New-9 $179,900-$599,990
Closed-11 $150,000-$615,000
Elgin New-2 $369,900-$564,990
Closed-14 $140,000-$605,220
Naperville New-2 $689,900-$1,079,000
Closed-14 $330,000-$1,325,000
These are the communities with the most activity this week. Look at photo above to see the price ranges in other communities that also saw activity.
Financing used, median price, and 2,000 SF or more
Median list price this week $414,995, last week $446,495.
Closed median price this week $415,000, last week $433,000.
Conventional financing was used to close on 71 homes this week at median price $449,000 with 36 days average market time, last week 112 homes at median price $$440,000 with 55 days average market time.
Cash was used to close on 14 homes this week at median price $377,500 with 40 days average market time, last week 13 homes at median price $365,000 with 53 days average market time.
FHA financing was used to close on 8 homes this week at median price $304,500 with 24 days average market time, last week 21 homes at medina price $350,000 with 35 days average market time.
VA financing was used to close on 5 homes this week at median price $423,345 with 85 days average market time, last week 5 homes at median price $385,000 with 85 days average market time.
2,000 SF or more closed on 51 homes at median price $525,000 with 45 days average market time, last week 91 homes at median price $523,990 with 61 days average market time. Minimum price this week $299,900, last week $275,000.
A little over 71% of homes closed this week using conventional financing and a little over 51% of homes closed were at least 2,000 SF or more in the Fox Valley area.
Under contract this week
Homes that went under contract are down. 74 this week compared to 112 the previous week.
Plainfield-10 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 4 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 is $460,125 with 61 days average market time, last week $428,000 with 70 days average market time.
2025 by the month
Month New Closed Under contract
January 585 590 652
February 609 504 590
March 785 569 746
April 856 661 818
May 1282 961 1115
June 1098 871 948
July 1278 1169 1063
August 935 858 843
September 1012 698 785
October 1040 981 991
November 568 678 641
December 357 582 403
Totals 10,405 9,122 9,595
I will do the end of the year totals next week.
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.
Every week the inventory of available home changes. So the price ranges change.
You might need to change your criteria for area and what the home provides.
All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.
Whether you are a buyer or seller or both you can get some good information at nar.realtor/the-facts. Scroll down to see the guides and videos. If you still have questions please let us know.
You can also go torequest a home valuation, sign-up for email alerts, down payment assistance, IHDA programs, and search for a home.
Fox Valley area of Illinois home prices December 27th. Have an awesome week!
Kristine Heiman, Managing Broker
ABR, MRP, SFR, SRS, SRES
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101