Fox Valley home prices September 10th

Fox Valley home prices September 10th.  This first full week of September we will show you the home prices for New listings, closed, contracts accepted, financing used and September by the month.

New listings this week are up.  216 this week compared to 162 the previous week.

Closed listings are way down.  137 this week compared to 279 the previous week.

Fox Valley home prices September 10th

Aurora-New 26 $169,900-$614,900

             Closed-21 $143,100-$620,000

Bolingbrook-New 17 $219,900-$659,000

                      Closed-15 $223,650-$479,000

Geneva-New 10 $255,000-$1,299,000

              Closed-6 $315,000-$575,000

Montgomery-New 14 $199,000-$390,000

                       Closed-7 $205,000-$365,000

Naperville-New 40 $359,000-$3,499,000

                   Closed-17 $340,000-$1,132,500

Plainfield-New 30 $280,000-$680,000

                 Closed-14 $211,000-$635,000

St Charles-New 15 $219,000-$1,595,000

                  Closed-11 $$248,900-$1,775,000

Click on the photo above to see all communities that had activity this week.  I just highlighted the ones that had the most activity.

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

Median list price this week $389,999, last week $380,000.

Closed median price this week $382,500, last week $380,000.

Stats 091022
Stats for week ending September 10th

Conventional financing was used to close 102 homes at median price $390,000 with 29 days average market time, last week 199 homes at median price $410,000 with 27 days average market time.

Conv 091022
Conventional financing used to close for week ending September 10th

Cash was used to close 16 homes at median price $454,120 with 16 days average market time, last week 33 homes at median price $300,000 with 20 days average market time.

Cash 091022
Cash used to close for week ending September 10th

FHA financing was used to close 16 homes at median price $272,000 with 54 days average market time, last week 33 homes at median price $308,000 with 24 days average market time.

FHA 091022
FHA financing used to close for week ending September 10th

VA financing was used to close 3 homes at median price $335,000 with 20 days average market time, last week 11 homes at median price $305,000 with 21 days average market time.

VA 091022
VA financing used to close for week ending September 10th

Homes that were at least 2,000 square feet or more closed on 80 homes at median price $470,000 with 28 days average market time, last week 160 homes at median price $448,725 with 27 days average market time.  Minimum price this week $223,650, last week minimum price $152,000.

2000 SF or more 091022
Homes at least 2,000 SF or more closed for week ending September 10th

Contracts accepted this week

Contracts accepted this week were down.  171 this week compared to 196 the previous week.

Fox Valley home prices September 10th-Contracts accepted this week

Aurora-21                            Bolingbrook-16

Naperville-26                      Oswego-10

Plainfield-20                       St Charles-15

You can click on the photo to see other communities that had activity this week.  I highlighted the communities with the most 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.  3 with a kick-out clause of 72 hours,  3 with 48 hours, and 1 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 2 with 48 hours.

Median list price of homes that went under contract this week $385,900 with 47 days average market time, last week median price $363,875 with 33 days average market time.

Contingent Stats 091022
Contingent Stats for week ending September 10th

2022 by the month

Month                  New   Closed   Contracts accepted

January                 420       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           216        137                 171

Totals          7431    7387         7752

June is the month most seller’s wanted to list their homes, close, and went under contract.

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 at 2021 an 2020 so you can compare the 3 years.

Resources

Click on everything that is bold and underlined to go to the site for information.  If you need other information not listed, please let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.

We will guide you through the process.  

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided today is from our MLS, MRED, LLC.  It changes continuously throughout the day as agents upload their information.

Fox Valley home prices September 10th.  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

Kriss New profile for FB 123121

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