Fox Valley home prices December 3rd

Fox Valley home prices December 3rd. It was a little busy yesterday so I didn’t get this posted.

We will show you the communities with the most activity listing prices, closed prices, contracts accepted this week, median prices, financing used, and 2022 by the month and a look back at 2021 and 2020 so you can see how this year is going. Resources for you to check out.

New listings this week were up. 105 this week compared to 80 the previous week.

Closed listings were also up. 177 this week compared to 112 the previous week.

Aurora-New 17 $89,900-$795,000

Closed-24 $205,000-$840,000

Bolingbrook-New 9 $214,900-$781,170

Closed-12 $200,000-$711,545

Geneva-New 2 $389,900-$825,000

Closed-11 $195,000-$950,000

Naperville-New 18 $440,000-$1,995,000

Closed-24 $226,000-$1,465,000

Oswego-New 6 $379,900-$525,000

Closed-11 $240,000-$659,500

Plainfield-New 16 $199,000-$1,199,900

Closed-23 $270,000-$616,000

St Charles-New 4 $239,000-$700,000

Closed-13 $242,000-$1,700,001

Yorkville-New 1 $525,000

Closed-11 $230,000-$702,600

Click on the photo above to see the communities that also had activity.

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

Median list price this week $392,495, last week $364,950.

Closed median price this week $380,000, last week $382,495.

Stats 120322 — Stats for week ending December 3rd

Conventional financing was used to close on 122 homes this week at median price $407,500 with 45 days average market time, last week 79 homes at median price $415,000 with 35 days average market time.

Conv 120322 — Conventional financing used to close for week ending December 3rd

Cash was used to close on 22 homes this week at median price $352,250 with 34 days average market time, last week 9 homes at median price $475,000 with 26 days average market time.

Cash 120322 — Cash used to close for week ending December 3rd

FHA financing was used to close on 27 homes this week at median price $310,556 with 41 days average market time, last week 19 homes at median price $300,000 with 47 days average market time.

FHA 120322 — FHA financing was used to close for week ending December 3rd

VA financing was used to close on 5 homes this week at median price $438,000 with 23 average market time, last week also 5 homes at median price $340,000 with 34 days average market time.

VA 120322 — VA financing used to close for week ending December 3rd

2,000 square feet or more closed on 103 homes this week at median price $471,845 with 49 days average market time, last week 69 homes at median price $460,000 with 34 days average market time. Minimum price this week $240,000, last week $267,000.

2000 SF or ore 120322 — 2,000 SF or more closed for week ending December 3rd

Contracts accepted this week

Contracts accepted this week were down. 112 this week compared to 132 the previous week.

Aurora-28 Naperville-12

Plainfield-18

Take a look at the photo above for the other communities with activity.

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 each with a kick-out clause of 72 hours, 48 hours, and 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, 3 with 48 hours, and 1 with 24 hours.

Median price that went under contract this week $349,900 with 64 days average market time, last week $375,000 with 54 days average market time.

Contingent Stats 120322 — Homes that went under contract this week

2022 by the month and a look back at 2021 and 2020

2022

Month New Closed Contracts accepted

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 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

Totals 10223 11875 12901

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

Totals 11830 10898 13363

There were 2610 more new listings in 2020 than this year.

For November it is pretty consistent all 3 years.

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

Resources

Click on everything that is bold and underlined so it will take you to the site for the information.

Check with your loan officer to see the interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

You can connect with us on Facebook and search for homes there as well. Click on the “shop now” button and search anywhere in Illinois.

All data provided was downloaded yesterday morning from our MLS, MRED, LLC. It changes continuously 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 December 3rd. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101