Fox Valley home prices April 29th
Fox Valley home prices April 29th. Raining now and for the next few days with temperature at 51 before heading back in to the 60’s next week.
New listings are down. 165 this week compared to 183 the previous week.
Closed listings are up. 194 this week compared to 132 the previous week.
Aurora-New 16 $199,000-$685,000
Closed-18 $230,000-$552,978
Batavia-New 11 $275,000-$899,900
Closed-2 $270,000-$375,815
Bolingbrook-New 15 $249,990-$639,900
Closed-11 $230,000-$695,000
Naperville-New 32 $385,000-$1,745,000
Closed-41 $364,000-$1,330,000
Oswego-New 6 $239,900-$600,000
Closed-18 $300,000-$515,434
Plainfield-New 20 $289,900-$785,000
Closed-30 $240,000-$795,255
St Charles-New 12 $250,000-$1,249,000
Closed-5 $199,900-$630,000
Other communities had activity this week. Click on photo above to see them.
Financing used, median prices, and 2,000 SF or more
Median list price this week $429,999, last week $399,000.
Closed median price this week $422,500, last week $372,500
Conventional financing was used to close on 142 homes this week at median price $437,500 with 45 days average market time, last week 99 homes at median price $384,765 with 44 days average market time.
Cash was used to close on 26 homes this week at median price $410,000 with 94 days average market time, last week 16 homes at median price $390,000 with 58 days average market time.
FHA financing was used to close on 16 homes this week at median price $343,565 with 51 days average market time, last week 10 homes at median price $226,000 with 58 days average market time.
VA financing was used to close on 10 homes this week at median price $362,445 with 52 days average market time, last week 5 homes at median price $410,000 with 76 days average market time.
2,000 Square feet or more closed on 114 homes this week at median price $490,790 with 69 days average market time, last week 65 homes at median price $470,000 with 62 days average market time. Minimum price this week $165,000, last week $200,000.
73% of homes this week closed using Conventional financing.
Under contract this week
Homes that went under contract this week is slightly down. 194 this week compared to 218 the previous week.
Aurora-30 Bolingbrook-15
Naperville-32 Plainfield-29
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. 2 with a kick-out clause of 72 hours, 4 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. 1 with a kick-out clause of 72 hours, and 4 with 48 hours.
2023 by the week 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
Totals 2378 2027 2740
2022
January 422 492 623
February 523 520 724
March 734 904 890
April 1168 966 1334
Totals 2847 2882 3571
2021
January 543 649 829
February 561 604 778
March 993 1099 1455
April 1006 926 1385
Totals 3103 3278 4447
New listings steadily decline each year. You can see why the prices are increasing. We need more housing at every price range.
Resources
Click on each bullet point to take you to the site for the information.
- Types of loans and the process
- VA loans and the requirements
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for homes
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 29th. 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