Fox Valley home prices September 17th

Fox Valley home prices

Fox Valley home prices September 17th.  We will update you on the new listings, closed, contracts accepted, median prices, and financing used for the Fox Valley area of Illinois.  We will also take a look back at 2022 by the month.

New listings are down.  160 this week compared to 216 the previous week.

Closed listings are up.  177 this week compared to 137 the previous week.

Fox Valley home prices September 17th

Aurora-New 25 $155,000-$590,000

             Closed-29 $106,500-$493,100

Bolingbrook-New 11 $254,000-$849,000

                      Closed-21 $250,000-$623,938

Naperville-New 17 $323,900-$1,995,000

                   Closed-26 $255,000-$800,000

Plainfield-New 22 $209,900-$929,000

                 Closed-22 $213,900-$600,000

St Charles-New 10 $329,900-$749,900

                  Closed-9 $220,000-$709,442

These are just the communities with the most activity this week.  Click on the photo above to see the other communities that also had activity.  If price is your biggest factor this might help you decide which community to take a look at.

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

Median list price this week $389,900, last week $389,999.

Closed median price this week $385,000, last week $382,500.

Stats 091722
Stats for week ending September 17th

Conventional financing was used to close on 120 homes this week at median price $399,122 with 28 average market time, last week 102 homes at median price $390,000 with 29 days average market time.

Conv 091722
Conventional financing used to close for week ending September 17th

Cash was used to close on 27 homes this week at median price $424,500 with 38 days average market time, last week 16 homes at median price $454,120 with 16 days average market time.

Cash 091722
Cash used to close for week ending September 17th

FHA financing was used to close on 27 homes at median price $295,000 with 26 days average market time, last week 16 homes at median price $272,000 with 54 days average market time.

FHA 091722
FHA financing used to close for week ending September 17th

VA financing was used to close on 3 homes this week at median price $414,000 with 24 days average market time, last week also 3 homes at median price $335,000 with 20 days average market time.

VA 091722
VA financing used to close for week ending September 17th

Homes that were at least 2,000 square feet or more closed on 100 homes at median price $450,000 with 30 days average market time, last week 80 homes at median price $470,000 with 28 days average market time.  Minimum price this week $280,000, last week $223,650.

2000 SF or more 091722
Homes that were at least 2,000 SF or more closed for week ending September 17th

Contracts accepted this week

Contracts accepted this week were pretty consistent.  169 this week compared to 171 the previous week.

Fox Valley home prices September 17th-Contracts accepted this week

Aurora-26                             Bolingbrook-15

Geneva-13                            Naperville-17

Plainfield-18                        St Charles-19

Other communities had contracts accepted.  Please click on the photo to see them.

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 ours and also 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours and 1 that is not marked  for timing of the kick -out clause.

Median list price of homes that went under contract this week $364,900 with 41 days average market time, last week median list price $385,900 with 47 days average market time.

Contingent Stats 091722
Stats for homes that went under contract for week ending September 17th

2022 by the month

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                           995       932              908

August                    1019      1134             1062

September               376        314               340

Totals                     7633     7564              7921

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look back at 2021 and 2020 so you can compare and see how this year is going.

Resources

Click on each item that is bold and underlined and it will take you to the information.

If there is other information that you are looking for let us know.  We will be happy to 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.

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

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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.

Fox Valley home prices September 17th.  Have an awesome week!

Kristine Heiman, SRS, SFR, 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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