Fox Valley home prices March 16th

Fox Valley home prices March 16th

Fox Valley home prices March 16th.  It is going to get to almost 60 today and then roller coaster with the temperatures for the next couple of weeks.  It will range from the mid 30’s to the mid 50’s.  We really didn’t have much of a winter.  We will see how the spring weather turns out.  So far so good.

New listings are down slightly.  181 this week compared to 197 the previous week.

Closed listings are slightly up.  137 this week compared to 129 the previous week.

Aurora-New 16 $163,000-$759,000

             Closed-15 $206,500-$550,000

Bolingbrook-New 10 $300,000-$645,000

                      Closed-13 $258,000-$980,850

Elgin-New 12 $165,000-$589,990

          Closed-15 $135,000-$591,840

Naperville-New 30 $329,900-$2,990,000

                   Closed-19 $375,000-$2,315,000

Oswego-New 11 $409,900-$1,295,000

               Closed-9 $355,000-$546,332

Plainfield-New 26 $320,000-$699,000

                 Closed-17 $305,000-$865,000

St Charles-New 13 $349,000-$2,650,000

                  Closed-9 $300,000-$930,000

Other communities had activity this week.  Check the photo above to see the price ranges in those communities.  You just might find the price range you are looking for.

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

Median list price this week $455,365, last week $432,400.

Closed median price this week $425,000, last week $406,000.

Stats 031624
Stats for week ending March 16th

Conventional financing was used to close on 101 homes this week at median price $434,990 with 37 days average market time, last week 88 homes at median price $408,000 with 34 days average market time.

Conv 031624
Conventional financing used to close for week ending March 16th

Cash was used to close on 22 homes this week at median price $360,000 with 18 days average market time, last week 17 homes at median price $490,000 with 54 days average market time.

Cash 031624
Cash used to close for week ending March 16th

FHA financing was used to close on 8 homes this week at median price $305,000 with 22 days average market time, last week 15 homes at median price $335,000 with 29 days average market time.

FHA 031624
FHA financing used to close for week ending March 16th

VA financing was used to close on 6 homes this week at median price $511,500 with 20 days average market time, last week 4 homes at median price $387,450 with 47 days average market time.

VA 031624
VA financing used to close for week ending March 16th

2,000 SF or more closed on 79 homes this week at median price $540,000 with 40 days average market time, last week 72 homes at median price $532,450 with 50 days average market time.  Minimum price this week $247,000, last week $285,000.

2000 SF or more 030924
2,000 SF or more closed for week ending March 16th

Conventional financing continues to be the choice close with.  You might be able to afford more using FHA but seller’s are accepting the conventional loan offers.

Under contract this week

Homes that went under contract this week are consistent.  186 this week compared to 178 the previous week.

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

Aurora-20                         Batavia-10

Bolingbrook-17                 Elgin-32

Naperville-19                    Oswego-12

Plainfield-14

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

Median price of homes that went under contract this week $422,500 with 31 days average market time, last week $425,000 with 43 days average market time.

Under contract stats 031624
Under contract stats for week ending March 16th

2024 by the month

Month                    New   Closed   Under contract

January                    576      523            599

February                  637      416            691

March                      378       266           364

Totals                     1591      1205         1654

We are picking us as we go.  It just is not fast enough with the new listings.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of the month we will also take a look back at 2023 and 2022.

Contact us

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

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

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

Fox Valley home prices March 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 March 9th

Fox Valley home prices March 9th

Fox Valley home prices March 9th.  We will be having temperatures from the mid 40’s to mid 60’s up and down for the next couple of weeks.

New listings are slightly up.  197 this week compared to 181 the previous week.

Closed listings are down.  129 this week compared to 154 the previous week.

Aurora-New 28 $164,900-$716,975

             Closed-17 $157,000-$455,000

Bolingbrook-New 15 $199,900-$579,900

                      Closed-6 $262,000-$860,000

Elgin-New 21 $147,000-$925,000

          Closed-20 $256,000-$684,900

Naperville-New 33 $435,000-$1,331,500

                   Closed-8 $375,000-$1,300,000

Plainfield-New 20 $339,900-$879,900

                  Closed-17 $321,000-$795,000

Yorkville-New 13 $329,900-$950,000

                Closed-5 $312,000-$490,000

Take a look at the photo above for 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 $432,400, last week $440,000.

Closed median price this week $406,000, last week $430,500.

Stats 030924
Stats for week ending March 9th

Conventional financing was used to close on 88 homes this week at median price $408,000 with 34 days average market time, last week 112 homes at median price $428,100 with 51 days average market time.

Conv 030924
Conventional financing used to close for week ending March 9th

Cash was used to close on 17 homes this week at median price $490,000 with 54 days average market time, last week 27 homes at median price $515,000 with 38 days average market time.

Cash 030924
Cash used to close for week ending March 9th

FHA financing was used to close on 15 homes this week at median price $335,000 with 29 days average market time, last week 11 homes at median price $375,000 with 93 days average market time.

FHA 030924
FHA financing used to close for week ending March 9th

VA financing was used to close on 4 homes this week at median price $387,450 with 47 days average market time, last week 3 homes at median price $390,000 with 32 days average market time.

VA 030924
VA financing used to close for week ending March 9th

2,000 SF or more closed on 72 homes at median price $532,450 with 50 days average market time, last week 99 homes at median price $521,900 with 60 days average market time.  Minimum price this week $285,000, last week $339,900.

2000 SF or more 030924
2,000 SF or more homes closed for week ending March 9th

Conventional continues to be the most used way to close.  There is still more cash deals closed than FHA.

Under contract this week

Homes that went under contract this week are consistent.  178 this week compared to 173 the previous week.

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

Aurora-22                      Bolingbrook-10

Elgin-19                         Naperville-33

Plainfield-23                 St Charles-14

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

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

Also, a seller accepted a contract that is contingent on the buyer selling and closing on the current home.  1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $425,000 with 43 days average market time, last week $413,000 with 51 days average market time.

Under contract stats 030924
Under contract stats for week ending March 9th

2024 by the month

Month                   New   Closed   Under contract

January                   576      523             599

February                 637      416             691

March                      197      129             178

Totals                    1410     1068          1468

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 can compare.

Contact us

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

Click on each bold and underlined item to take you to the site for the information.

If you are looking for any other information just let us know.

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

Fox Valley home prices March 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 March 2nd

Fox Valley home prices March 2nd

Fox Valley home prices March 2nd. It was a beautiful sunny day today in the 60’s.  The next couple of days will be in the lower 70’s then back in the mid 50’s.

New listings this week were up.  181 this week compared to 144 the previous week.

Closed listings were also up.  154 this week compared to 92 the previous week.

Aurora-New 21 $189,000-$999,900

             Closed-12 $197,000-$532,000

Bolingbrook-New 8 $219,900-$645,000

                      Closed-10 $264,500-$1,008,711

Elgin-New 15 $230,000-$649,900

           Closed-18 $220,500-$585,000

Naperville-New 38 $369,900-$1,750,000

                   Closed-26 $372,000-$2,117,778

Plainfield-New 16 $315,000-$799,900

                  Closed-19 $293,000-$693,375

St Charles-New 10 $325,000-$1,100,000

                   Closed-11 $270,000-$949,000

Check 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 $440,000, last week $444,900.

Closed median price this week $430,500, last week $389,900.

Stats 030224
Stats for week ending March 2nd

Conventional financing was used to close on 112 homes this week at median price $428,100 with 51 days average market time, last week 64 homes at median price $397,500 with 47 days average market time.

Conv 030224
Conventional financing used to close for week ending March 2nd

Cash was used to close on 27 homes this week at median price $515,000 with 38 days average market time, last week 16 homes at median price $482,495 with 126 days average market time.

Cash 030224
Cash used to close for week ending March 2nd

FHA financing was used to close on 11 homes at median price $375,000 with 93 days average market time, last week 9 homes at median price $352,000 with 34 average market time.

FHA 030224
FHA financing used to close for week ending March 2nd

VA financing was used to close on 3 homes at median price $390,000 with 32 days average market time, last week 3 homes at median price $389,900 with 65 days average market time.

VA 030224
VA financing used to close for week ending March 2nd

2,000 SF or more closed on 99 homes this week at median price $521,900 with 60 days average market time, last week 59 homes at median price $499,990 with 66 days average market time.  Minimum price this week $339,900, last week $264,000.

2000 SF or more 030224
2,000 SF or more closed for week ending March 2nd

Conventional financing continues to be the most popular way to close.

Under contract this week

Homes that went under contract this week are down slightly.  173 this week compared to 184 he previous week.

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

Aurora-19                       Bolingbrook-12

Elgin-18                          Naperville-19

Oswego-15                     Plainfield-12

2 short sales were accepted this week by seller’s.  1 in Batavia and 1 in Waterman.  Now they 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, 5 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. 2 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $413,000 with 51 days average market time, last week $440,836 with 41 days average market time.

Under contract stats 030224
Under contract stats for week ending March 2nd

2024 by the month and a look back at 2023 and 2022

2024

Month           New   Closed   Under contract

January          576        523            599

February        637        416            691

Totals            1213        936          1290

2023

January          483        326           470

February        630        526           789

Totals             1113        852          1259

2022

January           422        492          623

February         523        520          724

Totals              945       1012        1347

We are heading into the right direction with new listings.  It still is not enough though.

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.

Information to check out.  Click on each underlined and bold item to take you to the site for the information.

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

Fox Valley home prices March 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 February 24th

Fox Valley home prices February 24th

Fox Valley home prices February 24th.  We have had some fantastic weather for February.  Yesterday it snowed but is already melting today.  We might reach 72 degrees on Tuesday.  Just incredible for February.  We should level off to the 50’s after that.

New listings this week are down.  144 this week compared to 167 the previous week.

Closed listings are consistent.  92 this week compared to 98 the previous week.

Aurora-New 14 $225,000-$500,000

             Closed-10 $119,000-$400,000

Elgin-New 13 $129,900-$725,995

          Closed-8 $215,000-$664,430

Naperville-New 21 $340,000-$3,450 000

                   Closed-11 $545,000-$7,550,000

Plainfield-New 11 $365,000-$1,050,000

                  Closed-13 $285,000-$630,000

Yorkville-New 23 $384,990-$654,674

                Closed-7 $355,000-$455,000

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

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

Median list price this week $444,900, last week $469,990.

Closed median price this week $389,900, last week $447,500.

2000 SF or more 022424
Stats for week ending February 24th

Conventional financing was used to close on 64 homes this week at median price $397,500 with 47 days average market time, last week 80 homes at median price $467,495 with 51 days average market time.

Conv 022424
Conventional financing used to close for week ending February 24th

Cash was used to close on 16 homes this week at median price $482,495 with 126 days average market time, last week 5 homes at median price $472,000 with 57 days average market time.

Cash 022424
Cash used to close for week ending February 24th

FHA financing was used to close on 9 homes this week at median price $352,000 with 34 days average market time, last week 9 homes at median price $349,999 with 85 days average market time.

FHA 022424
FHA financing used to close for week ending February 24th

VA financing was used to close on 3 homes this week at median price $389,900 with 65 days average market time, last week 3 homes at median price $350,000 with 71 days average market time.

VA 022424
VA financing used to close for week ending February 24th

2,000 SF or more closed on 59 homes this week at median price $499,990 with 66 days average market time, last week 64 homes at median price $528,000 with 67 days average market time.  Minimum price this week $264,000, last week $267,000.

2000 SF or more 022424
2,000 SF or more homes closed for week ending February 24th

Conventional financing continues to be the way to go still.  Cash seems to be slowing down slightly.

Under contract this week

Homes that went under contract this week are up.  184 this week compared to 157 the previous week.

Fox Valley home prices February 24th-Under contract this week

Aurora-26                        Bolingbrook-12

Elgin-18                           Naperville-30

Plainfield-20                   St Charles-11

No short sales this week accepted by seller’s.

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

Median price of homes that went under contract this week $440,836 with 41 days average market time, last week $414,900 with 39 days average market time.

Under contract stats 022424
Under contract stats for week ending February 24th

2024 by the month

Month            New   Closed   Under contract

January           576       523             599

February         456       262             518

Totals            1032       785             1117

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 it to.

 Contact us

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

Information to check out. Click on each one to take you to the information.

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

Fox Valley home prices February 24th.  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 February 17th

Fox Valley home prices February 17th

Fox Valley home prices February 17th.  27 degrees and sunny today but then we will be back up to mid 50’s even seeing a couple of days in the 60’s.  It is hard not to get spring fever.

 New listings this week are slightly up.  167 this week compared to 145 the previous week.

Closed listings this week are also slightly up.  98 this week compared to 72 the previous week.

Aurora-New 18 $150,000-$575,000

             Closed-7 $210,000-$395,000

Bolingbrook-New 12 $275,000-$1,199,900

                      Closed-10 $267,000-$531,000

Elgin-New 17 $205,900-$849,999

           Closed-10 $304,000-$579,900

Naperville-New 31 $369,900-$6,500,000

                   Closed-10 $285,000-$2,350,000

Plainfield-New 18 $300,000-$1,149,000

                  Closed-10 $311,000-$718,720

St Charles-New 14 $237,000-$3,995,000

                   Closed-7 $283,500-$1,320,000

Other communities had activity this week.  Please take a look at the photo above to see the price ranges in those communities.  They might interest you.

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

Median list price this week $469,990, last week $419,000.

Closed median list price this week $447,500, last week $397,000.

Stats 021724
Stats for week ending February 17th

Conventional financing was used to close on 80 homes this week at median price $467,495 with 51 days average market time, last week 56 homes at median price $404,250 with 44 days average market time.

Conv 021724
Conventional financing used to close for week ending February 17th

Cash was used to close on 5 homes this week at median price $472,000 with 57 days average market time, last week 6 homes at median price $327,500 with 9 days average market time.

Cash 021724
Cash used to close for week ending February 17th

FHA was used to close on 9 homes this week at median price $349,999 with 85 days average market time, last week 6 homes at median price $325,000 with 65 days average market time.

FHA 021724
FHA financing used to close for week ending February 17th

VA financing was used to close on 3 homes this week at median price $350,000 with 71 days average market time, last week 4 homes at median price $543,900 with 15 days average market time.

VA 021724
VA financing used to close for week ending February 17th

2,000 SF or more closed on 64 homes this week at median price $528,000 with 67 days average market time, last week 41 homes at median price $505,000 with 36 days average market time.  Minimum price this week $267,000, last week $285,000.

2000 SF or more 021724
2,000 SF or more closed for week ending February 17th

Again conventional financing was the most used way to close this week.  This is the first time in a long time that FHA was higher than cash.

Under contract this week

Homes that went under contract this week are slightly down.  157 this week compared to 177 the previous week.

Fox Valley home prices February 17th-Under contract this weekAurora-19                      Bolingbrook-10

Elgin-20                         Naperville-16

Plainfield-22                  St Charles-13

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

A seller accepted a contract that is contingent on the buyer closing on their home.  It has 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.  3 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $414,900 with 39 days average market time, last week $439,500 with 54 days average market time.

2024 by the month

Month              New   Closed   Under contract

January             576       523            599

February           312        170            334

Total                 888       693            933

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 too.

Contact us

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

Click on each underlined and bold item to take you to the site for the information.

We downloaded all data used today from our MLS, MRED, LLC.  It changes throughout the day.

Fox Valley home prices February 17th.  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 February 10th

Fox Valley home prices February 10th

Fox Valley home prices February 10th.  Another week with mid 40’s and then we will back to the 30’s during the day.  Not bad for February.

New listings this week are slightly up.  145 this week compared to 138 the previous week.

Closed listings are down significantly.  72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

             Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

          Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

                   Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

                  Closed-10 $353,000-$760,008

19 other communities had activity this week.  Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024
Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024
Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024
Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024
FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024
VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time.  Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024
2000 SF or more closed for week ending February 10th 

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up.  177 this week compared to 142 the previous week.

ox Valley home prices February 10th-Under contract this week

Aurora-19                       Elgin-21

Naperville-24                 Oswego-10

Plainfield-25

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

Seller’s accepted contracts that are contingent on the closing of 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.  2 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024
Under contract stats for week ending February 10th

2024 by the month

Month                   New   Closed   Under contract

January                  576        523            599

February                145          72             177

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 2023 and 2022 so you have something to compare to so you can see how it is going this year.

Contact us

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

All data was downloaded this morning from our MLS, MRED, LLC.  It changes throughout the day.

Info to check out

Fox Valley home prices February 10th.  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 February 3rd

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd.  Temperatures this next week are going to be so nice!  Upper 40’s to mid 50’s.

New listings this week are up.  138 this week compared to 119 the previous week.

Closed listings are also up.  140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

            Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

         Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

                 Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

                Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

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

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324
Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324
Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324
Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324
FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324
VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time.  Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324
2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.  

Under contract this week

Homes that went under contract this week are up slightly.  142 this week compared to 131 the previous week.

Fox Valley home prices February 3rd-Under contract this week

Aurora-19                        Bolingbrook-10

Elgin-24                           Naperville-15

Plainfield-17

1 short sale was accepted by a seller this week.  It was in Aurora.  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, 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 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324
Under contract stats for week ending February 3rd

2024 by the month and a look back at 2023 and 2022

2024

Month       New   Closed   Under contract

January         579        523             599

2023

January         483        326             470

2022

January         422        492             623

We waited until this week since there were 3 days this week still in January.

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 downloaded from our MLS, MRED, LLC.  It changes throughout the day.

Information for you to check out

Fox Valley home prices February 3rd.  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 January 27th

Fox Valley home prices January 27th

Fox Valley home prices January 27th.  It looks like we will not see the sun again this next week.  Next Friday for groundhog day it is supposed to be cloudy.  I am sure looking forward to an early Spring.

New listing this week are slightly up.  119 this week compared to 99 the previous week.

Closed listing this week are consistent.  97 this week compared to 96 the previous week.  You can’t get more consistent than that!

Aurora-New 9 $180,000-$474,900

             Closed-11 $145,100-$480,000

Bolingbrook-New 12 $250,000-$862,777

                      Closed-7 $275,000-$480,000

Elgin-New 15 $204,900-$569,999

          Closed-13 $210,000-665,000

Naperville-New 11 $599,000-$1,300,000

                   Closed-11 $370,000-$1,170,000

Plainfield-New 19 $287,500-$824,900

                  Closed-13 $320,000-$820,584

St Charles-New 7 $270,000-$1,299,000

                  Closed-10 $105,000-$1,550,000

28 Communities had activity this week.  This is just 6 of the ones that had the most activity.  Check the photo above for the other communities and their price ranges.

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

Median list price this week $411,450, last week $429,874.

Closed median price this week $381,000, last week $428,250.

Stats 012724
Stats for week ending January 27th

Conventional financing was used to close on 71 homes this week at median price $435,000 with 49 days average market time, last week 77 homes at median price $435,000 with 52 days average market time.

Conv 012724
Conventional financing used to close for week ending January 27th

Cash was used to close on 15 homes this week at median price $350,000 with 20 days average market time, last week 9 homes at median price $529,900 with 31 days average market time.

 

Cash 012724
Cash used to close for week ending January 27th

FHA financing was used to close on 9 homes this week at median price $325,000 with 36 days average market time, last week 5 homes at median price $270,000 with 3 days average market time.

FHA 012724
FHA financing used to close for week ending January 27th

VA financing was used to close on 2 homes this week at median price $315,000 with 45 days average market time, last week 4 homes at median price $376,500 with 31 days average market time.

VA 012724
VA financing was used to close for week ending January 27th

2,000 SF or more closed on 53 homes at median price $495,000 with 52 days average market time, last week 60 homes at median price $529,950 with 39 days average market time.  Minimum price this week $246,00, last week $250,000.

2000 SF or more 012724
2,000 SF or more closed for week ending January 27th

Conventional financing was used on 73% of the homes that closed.

Under contract this week

Homes that went under contract are up slightly.  131 this week compared to 121 the previous week.

Fox Valley home prices January 27th-Under contract this week

Aurora-13                          Elgin-12

Naperville-18                    Oswego-13

Plainfield-19

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

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, 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 48 hours.

Median price of homes that went under contract this week $399,900 with 66 days average market time, last week median price $402,900 with 57 days average market time.

Under contract stats 012724
Under contract stats for week ending January 27th

2024 by the month

Month               New   Closed   Under contract

January              438       383            457

This is the last full week of the month.  Next week we have a couple of days to close so I will wait until next week to compare to 2023 and 2022.

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 downloaded from our MLS, MRED, LLC.  It changes throughout the day.

 Information for you

Fox Valley home prices January 27th.  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 January 20th

Fox Valley home prices January 20th

Fox Valley home prices January 20th.  Bright and sunny today with a high of 13 and a low tonight of -14.  Next week we will get into the 30’s.  I can’t wait!

New listings this week are down.  99 this week compared to 128 the previous week.

Closed listing are consistent.  96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

             Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

           Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

                   Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

                  Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges.  Things did not completely stop even with the sub-zero temperatures.

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

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024
Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024
Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024
Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024
FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024
VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time.  Minimum price this week  and also last week $250,000.

2000 SF or more 012024
2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week.  If you do not have cash you need to get approved using Conventional if you want to win.  A pre-approval letter is just not enough right now.  You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down.  121 this week compared to 133 the previous week.

Fox Valley home prices January 20th-Under contract this week

Aurora-14                            Bolingbrook-13

Naperville-13                       Plainfield-15

1 short sale was accepted by a seller this week.  It was in Bolingbrook.  It will now get 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 and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024
Under contract stats for week ending January 20th

2024 by the month

Month                   New   Closed    Under contract

January                   319       286             326

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 630-502-6555 with all your real estate questions.  Your goal is our goal.

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

Information to check out

Fox Valley home prices January 20th.  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 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