Fox Valley home prices March 18th

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Fox Valley home prices March 18th. We are back to winter today with it only in the 20’s.  Next week we will be back in the upper 40’s and lower 50’s.

New listings  are down.  137 this week compared to 145 the previous week.

Closed listings are up.  137 this week compared to 118 the previous week.

Fox Valley home prices March 18th

Aurora-New 18 $130,000-$495,000

             Closed-25 $154,900-$630,698

Bolingbrook-New 9 $325,000-$801,500

                      Closed-14 $255,000-$655,000

Naperville-New 26 $339,900-$2,395,000

                   Closed-24 $355,000-$1,350,000

Plainfield-New 24 $265,000-$795,000

                  Closed-15 $317,500-$875,000

St Charles-New 5 $579,000-$999,900

                  Closed-10 $260,000-$689,517

NEW LISTING PRICE 3 18 23 (2)
New listings for the week ending March 18th
CLOSED LISTING PRICE 3 18 23 (2)
Closed listings for the week ending March 18th

 

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

Median list price this week $399,900, last week $412,000

Closed median price this week $360,000, last week $347,500.

Stats 031823
Stats for week ending March 18th

Conventional financing was used to close on 105 homes this week at median price $392,000 with 61 days average market time, last week 91 homes at median price $380,000 with 59 days average market time.

Conv 031823
Conventional financing used to close for week ending March 18th

Cash was used to close on 15 homes this week at median price $280,000 with 41 days average market time, last week 14 homes at median price $377,500 with 49 days average market time.

Cash 031823
Cash used to close for week ending March 18th

FHA financing was used to close on 13 homes this week at median price $265,000 with 48 days average market time, last week 11 homes at median price $226,500 with 52 days average market time.

FHA 031823
FHA financing used to close for week ending March 18th

VA financing used to close on 4 homes this week at median price $437,500 with 35 days average market time, last week 3 homes at median price $447,500 with 17 days average market time.

VA 031823
VA financing used to close for week ending March 18th

2,000 square feet or more closed on 79 homes this week at median price $476,500 with 64 days average market time, last week 67 homes at median price $447,500 with 65 days average market time. Minimum price this week $140,000, last week $220,000.

2000 SF or more 031823
2,000 SF or more closed for week ending March 18th

Conventional financing continues to be the financing choice to use to get your offer accepted.

Homes under contract this week

Home under contract this week are down.  153 this week compared to 172 the previous week

Fox Valley home prices March 18th-homes under contract this week

Aurora-15                              Naperville-32

Oswego-12                            Plainfield-33

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 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 each with a kick-out clause of 72, 48, and 24 hours.

seller accepted contingency
Seller accepted contracts with contingencies for week ending March 18th

Homes under contract this week had a median price $389,900 with 46 days average market time, last week median price $407,500 with 49 days average market time.

Under contract 031823
Homes under contract for week ending March 18th

2023 by the month

Month                      New   Closed   Under contract

January                     483        326             470

February                   630        526             789

March                        282        255             325

Totals                      1395        1107           1584

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 to take you to the site for the information.

Let us know if there is other information that you are looking for.  We will be happy to point you in the right direction.

All data used is 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 March 18th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

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