Fox Valley home prices April 15th

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Fox Valley home prices April 15th.  We are in the 80’s today, but going down to 42 on Monday then back to 50 and 60’s.

New listings this week are up.  220 this week compared to 142 the previous week.

Closed listings are down.  108 this week compared to 183 the previous week.

Fox Valley home prices April 15th

Aurora-New 26 $190,000-$1,300,000

             Closed-12 $127,000-$541,850

Bolingbrook-New 13 $239,900-$695,000

                      Closed-9 $270,000-$677,887

Geneva-New 14 $250,000-$925,000

              Closed-8 $340,000-$680,000

Naperville-New 49 $318,000-$3,200,000

                   Closed-11 $327,500-$810,000

Oswego-New 11 $320,000-$2,200,000

               Closed-9 $271,000-$550,000

Plainfield-New 31 $235,000-$1,500,000

                  Closed-19 $290,000-$649,000

St Charles-New 18 $300,000-$2,250,000

                  Closed-7 $285,000-$1,050,000

Click on the photo above to see other communities with activity this week.

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

Median list price this week $442,500, last week $420,000

Closed median price this week $400,500, last week $394,000

Stats 041523
Stats for week ending April 15th

Conventional financing was used to close on 83 homes this week at median price $410,000 with 45 days average market time, last week 133 homes at median price $384,900 with 43 days average market time.

Conv 041523
Conventional financing used to close for week ending April 15th

Cash was used to close on 14 homes this week at median price $337,500 with 14 days average market time, last week 29 homes at median price $445,000 with 57 days average market time.

Cash 041523
Cash used to close for week ending April 15th

FHA financing was used to close on 8 homes at median price $344,950 with 42 days average market time, last week 12 homes at median price $326,500 with 64 days average market time.

FHA 041523
FHA financing used to close for week ending April 15th

VA financing was used to close on 4 homes this week at median price $404,820 with 21 days average market time, last week 8 homes at median price $444,995 with 101 days average market time.

VA 041523
VA financing used to close for week ending April 15th

2,000 Square feet or more closed on 67 homes this week at median price $455,490 with 37 days average market time, last week 104 homes at median price $468,750 with 58 days average market time.  Minimum price this week $325,000, last week $120,000.

2000 SF or more 041523
2000 SF or more for week ending April 15th

Conventional financing continues to be the type of financing most used. 

Under contract this week

Homes that went under contract this week are up.  189 this week compared to 154 the previous week.

Fox Valley home prices April 15th-Under contract this week

Aurora-26                        Bolingbrook-12

Naperville-33                   Oswego-14

Plainfield-31

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, 5 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.  4 with a kick-out clause of 48 hours and 1  with 24 hours.

Median price  of homes that went under contract this week $415,000 with 33 average market time, last week median price $396,750 with 30 days average market time.

Under contract Stats 041523
Under contract stats for week ending April 15th

2023 by the month

Month                  New   Closed   Under contract

January                 483        326           470

February               630        526           789

March                    555        558           726

April                      362         291           343

Totals                  2030       1701         2328

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.

Resources

Click on each bullet point that is underlined to take you to the site for the information.

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

Contact us

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

Fox Valley home prices April 15th.  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

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