Fox Valley home prices January 13th

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d  20 degrees and sunny today after a snow day yesterday.  Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high.  So it is time to bundle up.

New listings this week are up.  128 this week compared to 92 the previous week.

Close listings are also up.  106 this week compared to 84 the previous week.

This week was the first full week of the year.  New year’s day everything was closed.

We have added 2 towns this week by request.  Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

             Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

          Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

                   Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

                  Closed-23 $209,000-$1,110,000

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2
Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2
Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2
Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2
FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2
VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time.  Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2
2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois.  Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up.  133 this week compared to 72 the previous week.

Fox Valley home prices January 13th-Under contract this week

Aurora-15                            Bolingbrook-12

Elgin-21                               Naperville-12

Plainfield-12                        Yorkville-10

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 1 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 48 hours and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2
Under contract stats for week ending January 13th

2024 by the month

Month               New   Closed   Under contract

January              220        190             205

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 2023 and 2022 so you have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Information to check out

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few and you decide who you want to work with.

Fox Valley home prices January 13th.  Have an awesome week and stay warm!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 6th

Fox Valley home prices January 6th

Fox Valley home prices January 6th.  Happy New Year!  This is the first week of the year.

We just had our first snow fall and expect to get a big snow fall on Tuesday.  We will see.

New listings are up.  92 this week compared to 48 the previous week.

Closed listings are down.  84 this week compared to 101 the previous week.

Aurora-New 7 $182,000-$519,900

             Closed-15 $210,000-$508,000

Bolingbrook-New 11 $259,000-$459,900

                    Closed-6 $255,000-$510,000

Naperville-New 6 $395,000-$1,350,000

                 Closed-11 $320,000-$1,454,418

Plainfield-New 13 $339,000-$799,000

                Closed-7 $330,000-$540,000

Yorkville-New 10 $305,000-$420,000

               Closed-5 $50,000-$425,000

Look at photo above for some of the other communities that had activity this week.  See the price ranges in those communities.

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

Median list price this week $400,000, last week $399,900.

Closed median price this week $365,000, last week $390,000.

Stats 010624
Stats for week ending January 6th

Conventional financing was used to close on 51 homes this week at median price $389,500 with 47 days average market time, last week 71 homes at median price $399,900 with 40 days average market time.

Conv 010624
Conventional financing used to close for week ending January 6th

Cash was used to close on 20 homes this week at median price $350,000 with 65 days average market time, last week 15 homes at median price $355,000 with 50 days average market time.

Cash 010624
Cash used to close for week ending January 6th

FHA financing was used to close on 9 homes this week at median price $346,000 with 26 days average market time, last week 7 homes at median price $395,000 with 34 days average market time.

FHA 010624
FHA financing used to close for week ending January 6th

VA financing used to close on 4 homes this week at median price $319,500 with 24 days average market time, last week 8 homes at median price $383,250 with 17 days average market time.

VA 010624
VA financing used to close for week ending January 6th

2,000 SF or more closed on 41 homes at median price $480,000 with 69 days average market time, last week 55 homes at median price $465,000 with 43 days average market time.  Minimum price this week $200,000, last week $265,000.

2000 SF or more 010624
2000 SF or more homes closed for week ending January 6th

2024 is continuing the trend of using Conventional financing more than any other type of financing.  Next is cash.

Under contract this week

Fox Valley home prices January 6th-Under contract this week

Homes that went under contract this week are up.  72 this week compared to 43 the previous week.

Plainfield -19

One short sale to report this week.  It was in St Charles..  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours, 2 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.  3 with a kick-out clause of 48 hours and 1 with 24 hours.

Median price of homes that went under contract this week $419,450 with 69 days average market time, last week $359,000 with 48 days average market time.

Under contract stats 010624
Under contract stats for week ending January 6th

2024 by the week

Month                 New   Closed    Under contract

January                  92          84            72

We are just beginning the new year.  Check back with us every Saturday for the Fox Valley area of Illinois real estate market update.  At the end of each month we will look back at 2023 and 2022 so you have something to compare to.

Contact us 

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Get more information on

Fox Valley home prices January 6th.  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

 Fox Valley home prices December 30th

Fox Valley home prices December 30th

Fox Valley home prices December 30th.   Mid 30’s for the next couple of weeks.  More seasonal temperatures then what we have been having.

New listings are slightly up.  48 this week compared to 38 the previous week.

Closed listings are down.  101 this week compared to 126 the previous week.

It is the holidays so things are slower right now.

Aurora-New 13 $119,000-$811,515

            Closed-15 $167,500-$585,000

Bolingbrook-New 2 $300,000-$385,000

                    Closed-10 $166,200-$1,170,000

Naperville-New 4 $779,000-$1,550,000

                  Closed-19 $350,000-$169,836,218

Plainfield-New 11 $320,000-$1,050,000

                Closed-14 $287,000-$600,000

Hopefully after the 1st of the year we will see more listings come onto the market.

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

Median list price this week $399,900, last week $392,222.

Closed median price this week $390,000, last week $382,500.

Stats 123023
Stats for week ending December 30th.

Conventional financing was used to close on 71 homes this week at median price $399,900 with 40 days average market time, last week 93 homes at median price $412,000 with 46 days average market time.

Conv 123023
Conventional financing used to close for week ending December 30th.

Cash was used to close on 15 homes this week at median price $355,000 with 50 days average market time, last week 21 homes at median price $354,000 with 33 days average market time.

Cash 123023
Cash used to close for week ending December 30th.

FHA financing was used to close on 7 homes this week at median price $395,000 with 34 days average market time, last week 11 homes at median price $318,000 with 22 days average market time.

FHA 123023
FHA financing used to close for week ending December 30th.

VA financing was used to close on 8 homes this week at median price $383,250 with 17 days average market time, last week 1 home at $303,750 with 6 days average market time.

VA 123023
VA financing used to close for week ending December 30th.

2,000 SF or more closed on 55 homes this week at median price $465,000 with 43 days average market time, last week 64 homes at median price $442,500 with 59 days average market time.  Minimum price this week $265,000, last week $268,000.

2000 SF or more 123023
2000 SF or more closed for week ending December 30th.

The majority of the homes closed this week used Conventional financing and half of them were at least 2000 square feet or more.

Under contract this week

Homes that went under contract this week are way down.  43 this week compared to 97 the previous week.

Fox Valley home prices December 30th-Under contract this week

Plainfield-12

No short sales were accepted by seller’s this week.

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause for 48 hours.

Median price for homes that went under contract this week $359,000 with 48 days average market time, last week $375,000 with 63 days average market time.

Under contract stats 123023
Under contract stats for week ending December 30th.

2023 and a look back at 2022, 2021, 2020, and 2019

2023              New   Closed    Under contract       

January          483       326               470

February        630       526               789

March             555       558               726

April               710        617                755

May                735        603               816

June              1030       1059               926

July                 765         745               805

August           869         988               915

September     684         621                623

October          639         568               549

November      601          720               610

December       249          497               363

Totals            7950       7828              8347

2022

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

December          257          524              322

Totals               9477       9883             9871

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

December           349         1044             652

Totals              10572        12919          13533

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

December             513          971              783

Totals                12343      11869           14146

2019

January                878          407              568

February             1032         463              832

March                  1731          915             1375

April                    1594         792             1307

May                     1645         995            1280

June                     1643        1253             1218

July                      1423        1008            1090

August                 1585        1330             1196

September            1164          765              869

October                 1041          738              776

November               897         946              839

December                496         638              497

Totals                    15129      10250          11847

What a difference from 2019 to 2023.  You can see the steady decline in listings.  Supply and demand.  You can see why listings have increased in price.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

To get information about types of loans and the process, VA loans and the requirements, down payment resource, IHDA programs, request a home valuation, sign-up for email alerts and search for a home go here.

Fox Valley home prices December 30th.  Happy New Year!  Have an awesome week ahead.

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd.  Mid 50’s the next few days and then dropping to the mid 30’s.  Winter is here but not the temperatures.  I am ok with that.  How about you?  

New listings this week are way down.  38 this week compared to 78 the previous week.

Closed listings are slightly down.  126 this week compared to 138 the previous week.

Everyone is slowing down with the holidays upon us.

Aurora-New 2 $300,000-$549,000

             Closed-13 $171,000-$900,000

Bolingbrook-New 3 $290,000-$510,000

                      Closed-13 $220,000-$450,000

Naperville-New 4 $559,000-$1,950,000

                   Closed-23 $340,000-$1,350,098

Plainfield-New 5 $354,901-$665,000

                  Closed-19 $205,500-$756,723

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $392,222, last week $425,000.

Closed median price this week $382,500, last week $417,495.

Stats 122323
Stats for week ending December 23rd.

 Conventional financing was used to close on 93 homes this week at median price $412,000 with 46 days average market time, last week 96 homes at median price $439,950 with 36 days average market time.

Conv 122323
Conventional financing used to close for week ending December 23rd.

Cash was used to close on 21 homes at median price $354,000 with 33 days average market time, last week 18 homes at median price $400,500 with 54 days average market time.

Cash 122323
Cash used to close for week ending December 23rd.

FHA financing was used to close on 11 homes this week at median price $318,000 with 22 days average market time, last week 21 homes ate median price $371,000 with 49 days average market time.

FHA 122323
FHA financing used to close for week ending December 23rd.

VA financing was used to close on 1 home this week at $303,750 with 6 days market time, last week 3 homes at median price $289,900 with 33 days average market time.

VA 122323
VA financing used to close for week ending December 23rd.

2,000 SF or more closed on 64 homes at median price $442,500 with 59 days average market time, last week 80 homes at median price $528,500 with 45 days average market time.  Minimum price this week $268,000, last week $315,000.

2000 SF or more 122323
2,000 SF or more for week ending December 23rd.

A little of 73% or people used Conventional financing to close on their home this week.  The trend continues.

Under contract this week

Homes that went under contract this week are up slightly.  97 this week compared to 88 the previous week.

Fox Valley home prices December 23rd-Under contract this week

Aurora-20                         Naperville-15

Plainfield-16

No short sales were accepted by seller’s this week.

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 48 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $375,000 with 63 days average market time, last week $414,950 with 54 days average market time.

Under contract stats 122323
Under contract stats for week ending December 23rd.

2023 by the month

Month                New   Closed   Under contract

January               483       326            470

February             630       526            789

March                  555       558            726

April                    710        617            755

May                     735       603           816

June                   1030      1059           926

July                      765        745           805

August                 869       988           915

September           684       621            623

October                639       568           549

November            601        720           610

December             201        396           320

Totals                  7902      7727         8304

Only 1 more week left of 2023 and I will be sharing 2022 and 2021 so you have it to compare to.  Then on to 2024!

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

For information on types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request, sign-up for email alerts go here.

Fox Valley home prices December 23rd.  Have an awesome week!  Happy Holidays to you!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley 

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101.

Fox Valley home prices December 16th

Fox Valley home prices December 16th

Fox Valley home prices December 16th.  Mid 40’s continue to the end of the year.  We will take it.

New listings this week are consistent.  78 this week compared to 85 the previous week.

Closed listings are also consistent.  138 this week compared to 132 the previous week.

We definitely are not setting any records this year.

Aurora-New 11 $215,000-$627,000

             Closed-20 $142,500-$760,000

Elburn-New 2 $484,800-$825,000

            Closed-10 $318,600-$515,000

Naperville-New 7 $449,900-$1,585,000

                  Closed-31 $412,000-$1,550,000

Plainfield-New 18 $335,000-$650,000

                Closed-18 $280,000-$604,000

Check out the other communities that had activity this week and their price ranges in photo above.

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

Median list price this week $425,000, last week $399,500.

Closed median price this week $417,495, last week $364,950.

Stats 121623
Stats for week ending December 16th

Conventional financing was used to close on 96 homes this week at median price $439,950 with 36 days average market time, last week 84 homes at median price $368,659 with 28 days average market time.

Conv 121623
Conventional financing used to close for week ending December 16th.

Cash was used to close on 18 homes this week at median price $400,500 with 54 days average market time, last week 25 homes at median price $485,000 with 37 days average market time.

Cash 121623
Cash used to close for week ending December 16th.

FHA financing was used to close on 21 homes this week at median price $371,000 with 49 days average market time, last week 16 homes at median price $352,500 with 28 days average market time.

FHA 121623
FHA financing used to close for week ending December 16th.

VA financing was used to close on 3 homes this week at median price $289,900 with 33 days average market time, last  week 7 homes at median price $364,900 with 40 days average market time.

VA 121623
VA financing used to close for week ending December 16th.

2,000 SF or more close on 80 homes this week at median price $528,500 with 45 days average market time, last week 63 homes at median price $490,000 with 40 days average market time.  Minimum price this week $315,000, last week $115,000.

2000 SF or more 121623
2,000 SF or more closed for week ending December 16th.

Conventional financing continues to be the most used way to close.  FHA financing finally beat out cash this week.  

Under contract this week

Fox Valley home prices December 16th-Under contract this week

Homes that went under contract this week are down.  88 this week compared to 135 the previous week.

Aurora-13                         Naperville-19

Plainfield-18

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 and 2 with 48 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 1 with 48 hours.

Median price of homes that went under contract this week $414,950 with 54 days average market time, last week $379,900 with 61 days average market time.

Under contract stats 121623
Under contract stats for week ending December 16th.

2023 by the month

Month               New   Closed   Under contract

January              483        326            470

February            630        526            789

March                 555        558            726

April                    710        617             755

May                     735       603             816

June                   1030      1059            926

July                      765        745            805

August                 869       988            915

September           684        621            623

October                639        568           549

November            601         720           610

December             163         270           223

Totals                 7864        7601         8207

Check 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.

Contact us

Call us with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

We have some resources you can check out on our website for types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation, sign-up for email alerts and search for a home here.

Fox Valley home prices December 16th.  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.

Fox Valley home prices December 9th

Fox Valley home prices December 9th

Fox Valley home prices December 9th. 49 degrees today and sunny.  The next couple of weeks

will be in the upper 30’s to mid 40’s.  The weather is not preventing anyone from out looking at homes.

New listings this week are down.  85 this week compared to 115 the previous week.

Closed listings are also down.  132 this week compared 153 the previous week.

Aurora-New 20 $114,400-$710,975

              Closed-23 $133,900-$415,000

Naperville-New 12 $299,999-$2,200,000

                   Closed-23 $355,000-$1,275,000

Plainfield-New 13 $250,000-$630,000

                  Closed-19 $257,000-$767,660

Yorkville-New 3 $290,000-$429,990

                Closed-14 $220,000-$440,000

Take a look at the photo above to see the other communities that had activity this week and their price ranges.

Financing used, median price, 2,000 SF or more

Median list price this week $399,500, last week $407,771.

Closed median price this week $364,950, last week $424,900.

Stats 120923
Stats for week ending December 9th.

Conventional financing was used to close on 84 homes this week at median price $368,659 with 28 days average market time, last week 104 homes at median price $430,000 with 39 days average market time.

Conv 120923
Conventional financing used to close for week ending December 9th.

Cash was used to close on 25 homes this week at median price $485,000 with 37 days average market time, last week 24 homes at median price $444,432 with 40 days average market time.

Cash 120923
Cash used to close for week ending December 9th.

FHA was used to close on 16 homes this week at median price $352,500 with 28 days average market time, last week 15 homes at median price $330,000 with 50 days average market time.

FHA 120923
FHA financing used to close for week ending December 9th.

VA financing was used to close on 7 homes this week at median price $364,900 with 40 days average market time, last week 8 homes at median price $409,900 with 56 days average market time.

VA 120923
VA financing used to close for week ending December 9th.

2,000 SF or more close on 63 homes this week at median price $490,000 with 40 days average market time, last week 95 homes at median price $497,500 with 44 days average market time.  Minimum price this week $115,000, last week $229,900.

2000 SF or more 120923
2,000 SF or more closed for week ending December 9th.

There is only 3 weeks left of 2023.  The theme of the year is Conventional financing.  I am still surprised at all the cash deals with the prices going up.

Under contract this week

Fox Valley home prices December 9th-Under contract this week

Under contract this week is up.  135 this week compared to 92 the previous week.

Aurora-24                             Bolingbrook-12

Naperville-23                        Plainfield-18

1 short sale was accepted by a seller this week.  It was in Yorkville.  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 72 hours, 1 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.  3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Median price of home that went under contract this week $379,900 with 61 days average market time, last week $360,000 with 44 days average market time.

Under contract stats 120923
Under contract stats for week ending December 9th.

2023 by the month

Month              New   Closed   Under contract

January             483        326            470

February           630        526            789

March                555        558            726

April                  710         617            755

May                   735         603           816

June                 1030        1059          926

July                    765          745          805

August               869         988          915

September         684         621           623

October              639         568          549

November          601         720           610

December             85         132           135

Totals                7786       7463         8119

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.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.

To get information on some great resources Types of loans and the process, VA loans and the requirement, down payment assistance, IHDA programs, Home valuation request, sign-up for email alerts or to search for homes go here.

Fox Valley home prices December 9th.  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

Fox Valley home prices December 2nd

bhfv Cover 050623

Fox Valley home prices December 2nd.  The weather has not been bad so far for this time of year.  We had a little snow but that is gone now.  No snow for at least the next couple of weeks.

New listing are up.  115 this week compared to 67 the previous week.

Closed listings are up.  153 this week compared to 90 the previous week.  

It was a holiday week the previous week so it is not comparing to a normal week.

Fox Valley home prices December 2nd

Aurora-New 17 $205,000-$699,000

             Closed-21 $185,000-$640,000

Bolingbrook-New 13 $239,900-$529,900

                      Closed-11 $280,000-$801,736

Geneva-New 3 $435,000-$1,393,805

              Closed-10 $365,500-$710,000

Naperville-New 21 $349,900-$4,888,000

                   Closed-21 $325,000-$2,550,000

Oswego-New 4 $405,643-$600,510

               Closed-11 $265,000-$1,325,000

Plainfield-New 19 $295,000-$695,000

                  Closed-26 $239,800-$657,395

St Charles-New 1 $898,000

                  Closed-10 $290,000-$1,934,500

Yorkville-New 5 $394,500-$429,900

                Closed-11 $310,000-$475,000

Other communities had activity this week.  Look at the photo above to see the price ranges in those communities.

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

Median list price this week $407,771, last week $375,000.

Closed median price this week $424,900, last week $387,000.

Stats 120223
Stats for week ending December 2nd.

Conventional financing was used to close on 104 homes this week at median price $430,000 with 39 days average market time, last week 58 homes at median price $387,500 with 30 days average market time.

Conv 120223
Conventional financing used to close for week ending December 2nd.

Cash was used to close on 24 homes this week at median price $444,432 with 40 days average market time, last week 14 homes at median price $402,500 with 34 days average market time.

Cash 120223
Cash used to close for week ending December 2nd.

FHA financing used to close on 15 homes this week at median price $330,000 with 50 days average market time, last week 11 homes at median price $360,000 with 14 days average market time.

FHA 120223
FHA financing used to close for week ending December 2nd.

VA financing was used to close on 8 homes this week at median price $409,900 with 56 days average market time, last week 7 homes at median price $483,293 with 23 days average market time.

VA 120223
VA financing used to close for week ending December 2nd.

2,000 SF or more closed on 95 homes this week at median price $497,500 with 44 days average market time, last week 44 homes at median price $481,646 with 38 days average market time. Minimum price this week $229,900, last week $301,000.

2000 SF or more 120223
2,000 SF or more closed for week ending December 2nd. 

Conventional financing continues to be the way to go if you do not have cash.

Under contract this week

Homes that went under contract this week are slightly down.  92 this week compared to 115 the previous week.

Fox Valley home prices December 2nd-Under contract this week

Aurora-17                      Naperville-11

Plainfield-16

No short sales were accepted by seller’s this week.

A seller accepted a contract this week that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 72 hours and 5 with 48 hours.

Median price of homes that went under contract this week $360,000 with 44 days average market time, last week $399,900 with 38 days average market time.

Under contract stats 120223
Median prices of home under contract for week ending December 2nd.

2023 by the month 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

May                    735       603             816

June                  1030      1059            926

July                     765        745            805

August                869       988             915

September          684       621             623

October               639       568             549

November           601       720              610

Totals                 7701     7331            7984

2022

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                      1008   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                    10143  11875          12901

The numbers keep decreasing every year.  That is why prices have gone up so much.  Not enough homes come on the market.

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

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

For some great resources about types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request and to sign-up for email alerts go here.

Fox Valley home prices December 2nd.  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

Fox Valley home prices November 25th

Fox Valley home prices November 25th

Fox Valley home prices November 25th.  It is a short holiday week so the numbers are low this week.  

They say it might snow tomorrow with

33 for a high.  It will get to mid 40’s next week.

New listings are down.  67 this week compared to 132 the previous week.

Closed listings are also down.  90 this week compared to 156 the previous week.

Aurora-New 9 $257,000-$360,000

             Closed-17 $131,000-$638,146

Plainfield-New 19 $225,000-$1,075,000

                  Closed-20 $245,000-$1,518,074

Check out the other communities that had activity this week on the photo above.

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

Median list price this week $375,000, last week $400,000

Closed median price this week $387,000, last week $425,000.

Stats 112523
Stats for week ending November 25th.

Conventional financing was used to close on 58 homes this week at median price $387,500 with 30 days average market time, last week 95 homes at median price $445,000 with 24 days average market time.

Conv 112523
Conventional financing used to close for week ending November 25th

Cash was used to close on 14 homes this week at median price $402,500 with 34 days average market time, last week 30 homes at median price $489,000 with 47 days average market time.

Cash 112523
Cash used to close for week ending November 25th

FHA financing was used to close on 11 homes this week at median price $360,000 with 14 days average market time, last week 16 homes at median price $345,000 with 49 days average market time.

FHA 112523
FHA financing used to close for week ending November 25th

VA financing was used to close on 7 homes this week at median price $483,293 with 23 days average market time, last week 11 homes at median price $369,000 with 23 days average market time.

VA 112523
VA financing was used to close for week ending November 25th.

2,000 SF or more closed on 44 homes this week at median price $481,646 with 38 days average market time, last week 91 homes at median price $510,000 with 39 day average market time.  Minimum price this week $301,000, last week $300,000.

2000 SF or more 112523
2,000 SF or more closed for week ending November 25th.

You can see conventional financing continues to be the way to go.

Under contract this week

Fox Valley home prices November 25th-Under contract this week

Homes that went under contract are down.  115 this week compared to 148 the previous week.

It is a short holiday week.

Aurora-16                     Bolingbrook-10

Naperville-18               Plainfield-16

St Charles-12

One short sale was accepted by a seller this week.  It was in St Charles.  Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 72 hours and 1 with 48 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $399,900 with 38 days average market time, last week median price $352,500 with 36 days average market time.

Under contract stats 112523
Under contract stats for week ending November 25th.

2023 by the month

Month              New   Closed   Under contract

January             483        326             470

February           630        526             789

March                555        558             726

April                  710         617             755

May                  735         603             816

June                 1030       1059             926

July                    765         745             805

August              869         988             915

September        684         621              623

October             639         568             549

November         486         567              518

Totals               7586       7178            7892

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 2022 and 2021 so you have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.

All data provided today is from our MLS, MRED, LLC.  Data changes throughout the day.

To see some great resources go here.  Find information about different types of loans and the process, down payment assistance, VA loans and the requirements, IHDA programs, home valuation and how to sign-up for email alerts.

Fox Valley home prices November 25th.  I hope you had a wonderful Thanksgiving.  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

Fox Valley home prices November 18th

bhfv Cover 050623

Fox Valley home prices November 18th.  55 degrees today and tomorrow and then we head into the mid 40’s.

New listings this week are down.  132 this week compared to 155 the previous week.

Closed listing are up.  They are almost reversed from new listings.  156 this week compared to 134 the previous week.

Fox Valley home prices November 18th

Aurora-New 16 $205,000-$602,000

             Closed-22 $165,000-$648,366

Bolingbrook-New 12 $259,000-$525,000

                      Closed-11 $239,500-$810,000

Naperville-New 19 $329,900-$1,365,500

                   Closed-17 $403,000-$8,076,000

Oswego-New 9 $289,900-$512,500

               Closed-12 $335,000-$575,000

Plainfield-New 21 $239,000-$589,900

                  Closed-23 $180,000-$769,896

St Charles-New 4 $350,000-$1,899,995

                   Closed-10 $325,000-$1,100,000

Yorkville-New 13 $229,900-$924,900

                Closed-8 $221,000-$680,000

26 communities had activity this week.  I just highlighted the ones with the most activity.  Take a look at the photo above.

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

Median list price this week $400,000, last week $409,900.

Closed median price this week $425,000, last week $407,450.

Stats 111823
Stats for week ending November 18th.

Conventional financing was used to close on 95 homes this week at median price $445,000 with 24 days average market time, last week 100 homes at median price $425,000 with 32 days average market time.

Conv 111823
Conventional financing used to close for week ending November 18th.

Cash was used to close on 30 homes at median price $489,000 with 47 days average market time, last week 16 homes at median price $405,995 with 17 days average market time.

Cash 111823
Cash used to close for week ending November 18th

FHA financing was used to close on 16 homes at median price $345,000 with 49 days average market time, last week 12 homes at median price $346,500 with 33 days average market time.

FHA 111823
FHA financing used to close for week ending November 18th

VA financing was used to close on 11 homes this week at median price $369,000 with 23 days average market time, last week 3 homes at median price $466,410 with 23 days average market time.

VA 111823
VA financing used to close for week ending November 18th

2,000 SF or more closed on 91 homes this week at median price $510,000 with 39 days average market time, last week 83 homes at median price $470,000 with 34 days average market time. Minimum price this week $300,000, last week $292,000

2000 SF or more 111823
2,000 SF or more closed for week ending November 18th.

Conventional financing continues to be the way to go.

Under contract this week

Homes under contract this week are up.  148 this week compared to 119 the previous week.

Fox Valley home prices November 18th-Under contract this week

Aurora-24                    Bolingbrook-14

Naperville-17               Plainfield-20

St Charles-13               Sycamore-10 

1 short sale was accepted by a seller.  It was in Plainfield.

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 3 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 48 hours and 2 with 24 hours.

Median price of homes that went under contract this week $352,500 with 36 days average market time, last week median price $394,444 with 32 days average market time.

Under contract stats 111823
Under contract state for week ending November 18th

2023 by the month

Month              New   Closed   Under contract

January             483       326           470

February           630       526           789

March                555       558           726

April                  710        617           755

May                   735       603           816

June                 1030      1059           926

July                    765        745           805

August               869       988           915

September         684       621            623

October              639       568           549

November          419        477           403

Totals               7519      7088          7777

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.

You can see activity continues throughout the year.  It might slow down in some months but it continues.

Contact us

Call us with all your real estate questions.  Your goal is our goal.

Check out some great resources here.

Data provided today is from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley home prices November 18th.  Have an awesome week.  Happy Thanksgiving!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101.

Fox Valley home prices November 11th

bhfv Cover 050623

Fox Valley home prices November 11th.  It doesn’t look like rain this next week and mid 50’s to lower 60’s.

 New listings this week are up.  155 this week compared to 132 the previous week.

Closed listings are down.  134 this week compared to 187 the previous week.

Fox Valley home prices November 11th

Aurora-New 20 $149,900-$599,900

             Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

                      Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

                   Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

                  Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

                Closed-11 $300,000-$678,724

Other communities had activity this week.  You can see the price ranges in those communities in the photo above.

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

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123
Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123
Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123
Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123
FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123
VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time.  Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123
2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down.  119 this week compared to 136 the previous week.

Fox Valley home prices November 11th-Under contract this week

Aurora-19                      Naperville-24

Plainfield-13

No short sales 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 with a kick-out clause of 72 hours and 3 with 48 hours.

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123
Stats under contract for week ending November 11th.

2023 by the month

Month                   New   Closed   Under Contract

January                  483       326            470

February                630       526            789

March                     555       558            726

April                       710        617            755      

May                        735       603            816

June                      1030      1059           926

July                         765        745           805

August                   869        988           915

September             684        621            623

October                  639        568           549

November              287        321            255

Totals                   7387      6932          7629

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 so you have something to compare it to.

Houses sell throughout the year in every month.

Resources

Click on anything that is bold and underlined to take you to the site for the information.

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

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 November 11th.  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