Fox Valley Market Update August 24 2019

Fox Valley Market Update August 24 2019

Fox Valley market update August 24 2019.  New listings of single family homes were slightly down this week.  292 this week compared to 315 the week before.  Not too bad with school starting.  So many people are out buying school clothes and supplies to get ready to start school.

2019 new single family home listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-1,182

          Total-7,432

Take a look at the communities with the most activity this week:

Aurora-New 43 $118,000-$975,000

            Closed-35 $137,000-$513,500

Batavia-New 17 $189,900-$614,500

             Closed-5 $210,000-$525,000

Bolingbrook-New 17 $169,900-$565,000

                     Closed-19 $104,8500$380,000

Geneva-New 19 $229,000-$1,695,000

             Closed-6 $219,900-$485,000

Montgomery-New 10 $175,000-$270,000

                      Closed-8 $181,000-$287,000

Naperville- New 63 $299,700-$7,250,000

                  Closed-31 $230,000-$1,180,000

Oswego-New 9 $179,900-$385,790

              Closed-10 $169,000-$462,850

Plainfield-New 29 $154,900-$778,000

                Closed-34 $180,000-$551,351

St Charles/Campton Hills-New 22 $260,000-$829,000

                                         Closed-21 $150,000-$622,500

West Chicago-New 10 $259,900-$675,000

                       Closed-4 $176,000-$337,000′

Yorkville-New 11 $199,900-$374,900

              Closed-5 $249,900-#55,000

Closed homes this week were also down.  221 this week compared to 255 the week before.  Next week is the last week of the moth so we should see an increase.  Especially because next weekend is Labor Day so people will have a long weekend to move in and get settled.

Closed homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-1,111

          Total-7,288

May continues to be the best month so far for new listings and closed homes.

Contracts accepted this week

Fox Valley Market Update August 24 2019-Contracts accepted this week

Contracts accepted on single family homes this week were slightly up this week.  234 this week compared to 212 the week before.  When something special comes on the market no matter how busy you are you need to jump on it.  Homes that have been on the market either need to be made special or drop the price to get a buyer interested.

Contracts accepted on single family homes in 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1665
  • June-1,218
  • July-1,090
  • August so far-984

          Total-9,079

Not every home that received an accepted contract closes.  Sometimes things come up during attorney review or the home inspection that buyer and seller do not mutually agree upon.  Sometimes the buyer’s loan does not get approved either because something comes up on their credit that can’t be resolved or the appraisal does not appraise for the agreed upon price.  Buyer’s sometimes lose their job during the process  Many things can happen during the process.  Keeping on top of things is very important.

Look at the communities that seller’s accepted the most contracts this week:

Aurora-37                                       Bolingbrook-15                                        Geneva-10

Naperville-42                                  Oswego-1-                                                Plainfield-25

St Charles/Campton Hills-16

Short Sales accepted this week were still low.  Only 1 this week compared to 2 the week before. This is great!  Bolingbrook was the only community this week with an accepted contract.

Sellers also accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 6 with 48 hours and 6 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 6 with 48 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are keeping an eye on the market.  Our goal is your goal.  We are here to listen to your wants and needs.  We will do everything we can to accomplish your goals.  Whether buying or selling a home.

Check out some resources:

Let us know what other information you are looking for and we will point you to it.

Fox Valley market update August 24 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for homes that also has a chat feature.  You can sign up for free.

Fox Valley Market Update August 10 2019

Fox Valley Market Update August 10 2019

Fox Valley market update August 10 2019.  New listings were up this week!  360 new single family homes this week compared to 328 the week before.  Good news for buyers that are still trying to find something.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2004
  • June-1,643
  • July-1,423
  • August so far-688

          Total-11,011

Closed listings of single family homes was down this week.  221 this week compared to 341 the week before.  This is really the first full week of August so it is expected that closings would be down.  They will increase as we get closer to the end of the month.

Closings of single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-562

          Total-6,812

Take a look at the communities with the most activity this week:

Aurora-New 47 $100,000-$525,000

            Closed-20 $85,000-$1,075,000

Batavia-New 13 $219,900-$695,995

             Closed-8 $246,000-$645,569

Bolingbrook-New 30 $172,000-$569,900

                     Closed-14 $146,500-$422,500

Geneva-New 24 $279,900-$2,695,000

             Closed-14 $95,000-$675,000

Montgomery-New 24 $104,000-$320,490

                      Closed-5 $139,900-$259,900

Naperville-New 63 $228,000-$1,600,000

                 Closed-39 $285,000-$859,900

Oswego-New 19 $154,000-$515,000

              Closed-13 $204,999-$390,000

Plainfield-New 37 $150,000-$509,000

                Closed-36 $170,000-$485,000

St Charles/Campton Hills-New 27$199,900-$895,000

                                         Closed-19 $180,000-$880,000

Yorkville-New 10 $159,900-$559,999

              Closed-8 $235,000-$335,000

Contracts accepted this week

Fox Valley Market update August 10 2019-Contracts accepted this week

Contracts accepted this week were down slightly.  249 this week compared to 274 the week before.  That is not too bad.  Especially with school starting soon and people still gone on vacation.

2019 contracts accepted of single family homes by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-523

          Total-8,618

Look at the communities that sellers accepted the most contracts this week:

Aurora-39                                   Bolingbrook-23                                          Montgomery-10

Naperville-45                              Oswego-16                                                 Plainfield-22

St Charles/Campton Hills-21

Short sales accepted by sellers on single family homes were up this week.  7 this week compared to 3 the week before.  This week there were 1 each in Aurora, Minooka, Montgomery, Plano & Yorkville.  2 were in Bolingbrook.  Now they will be submitted to the lender to see if they will also accept them as written.

Sellers accepted contracts that are contingent on the buyer closing their current home before purchasing.  5 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home before purchasing.  1 with a kick out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready.  Provide you with a net proceeds so you have an estimate of expenses.  This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home?  Your first step is to get pre-qualified with a loan officer so you know the type of loan and price range that will work out best for you.  If you need recommendations of a loan officer to call we can recommend a few and you decide who you want to work with.

Check out these resources that might help you:

Some communities are more active then others.  It is your preference if you want a community that is very active or one that is slower moving.  Are you planning on long term or short term. Your price range and size of home might determine where you want to move.  Tell us what is most important to you and we will work hard to find the best place for you to call home.

Fox Valley market update August 10 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A different way to search that also has a chat feature.  Try it out and let us know what you think!

 

 

Fox Valley Market Update August 3 2019

Fox Valley Market Update August 3 2019

Fox Valley market update August 3 2019.  New listings of single family homes were slightly down this week.  328 this week compared to 346 the week before.  Did these people want to enjoy their home for 1 more summer before they sell?  Maybe that is the case or maybe with the delayed Spring and all the rain we had they finally have their home market ready.

2019 new single family homes listed by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-328

          Total-10,651

Closed single family homes were significantly higher this week. 341 this week compared to 253 the week before.  3 days were the end of July when most of those closings probably took place.  

Closed listings of single family homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-346

          Total-6,591

Take a look at the communities with the most activity this week:

Aurora-New 57 $125,000-$724,900

            Closed-42 $85,000-$424,500

Batavia-New 7 $209,900-$434,900

             Closed-10 $160,000-$422,500

Bolingbrook-New 27 $129,900-$429,000

                    Closed-23 $159,000-$429,000

Geneva-New 9 $339,900-$799,000

             Closed-11 $205,000-$510,000

Naperville-New 70 $260,000-$1,299,000

                 Closed-55 $209,000-$1,110,000

North Aurora-New 6 $247,900-$450,000

                      Closed-10 $165,000-$315,000

Oswego-New 12 $179,900-$1,590,000

             Closed-15 $198,000-$405,000

Plainfield-New 34 $169,000-$530,000

                Closed-48 $178,900-$606,000

Sandwich-New 6 $164,999-$299,000

                Closed-11 $122,500-$259,900

St Charles/Campton Hills-New 23 $205,000-$995,000

                                        Closed-32 $95,000-$773,567

Yorkville-New 12 $125,000-$389,000

              Closed-19 $206,000-$565,800

Contracts accepted this week

Fox Valley Market Update August 3 2019-Contracts accepted this week

Contracts accepted this week on single family homes were slightly higher this week.  274 this week compared to 259 the week before.

Contracts accepted on single family homes for 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,90
  • August so far-274

          Total-8,369

So far May has been the busiest month for new listings, closings and contracts accepted.  Not all contracts accepted close.  Some come back on the market.  They either had a home inspection issue that could not be negotiated or buyer could not obtain financing.  Sometimes there are other issues that come up.  These are times that are most important to have a good REALTOR and good real estate attorney to work through the issues.

Look at the communities that Seller’s accepted the most contracts this week:

Aurora-44                               Bolingbrook-33                                   Montgomery-11

Naperville-43                          Oswego-14                                          Plainfield-35

St Charles/Campton Hills-16  West Chicago-10                                 Yorkville-10

Short sales accepted by Seller’s was exactly the same as the week before.  3 for both weeks. 1 each in Bolingbrook, Montgomery and St Charles/ Campton hills.

Seller’s accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing.  6 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Seller’s that are contingent on the Buyer selling and closing on their current home before purchasing.  6 with a kick-out clause of 72 hours and 9 with 48 hours.

Contact us

Call us with all of your real estate questions at 630-503-6555.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready.  Provide you with a net proceeds that will let you know the expenses to sell and what you might walk away with.  This will be updated when an offer comes in with all the terms so you can make a decision.

Thinking about purchasing?  You need to talk to a loan officer to get pre-qualified to find out the type of loan and what price range will work for you.  

Check out some resources:

Fox Valley market update August 3 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out a different way to search that allows you to see a bird’s eye view and also has a chat feature to ask questions or to let us know you want to schedule a showing.  If you are not sure how to navigate it I can do a screen share to guide you through it.

Fox Valley Market Update July 27, 2019

Fox Valley Market Update July 27 2019

Fox Valley market update July 27, 2019.  New listings were down this week.  346 new listings of single family homes compared to 383 the week before.  No holiday but people are on vacation and getting ready for school to start.

2019 new listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,077

                 10,305 total

Closed 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029

                 6,250 Total

There will probably be a lot of closings Monday-Wednesday but I will put them on next week for the beginning of August.

Now take a look at the communities with the most activity this week:

Aurora-New 50 $89,000-$479,900                                               

            Closed-29 $89,000-$380000

Batavia-New 7 $300,000-$749,900                                               

             Closed-10 $50,000-$490,000

Bolingbrook-New 29 $115,900-$539,000                                   

                    Closed-19 $156,000-$545,000

Geneva-New 13 $222,900-$1,250,000                                         

             Closed-11 $175,000-$990,000

Montgomery-New 6 $240,000-$299,900                                             

                     Closed-12 $137,500-$278,000

Naperville-New 66 $235,000-$2,500,000                                   

                 Closed-44 $220,000-$1,240,000

Oswego-New 13 $199,900-$594,000                                           

             Closed-13 $205,050-$420,000

Plainfield-New 38 $149,900-$569,000                                         

               Closed-40 $158,025-$955,000

St Charles/Campton Hills-New 35 $124,900-$825,000                 

                                        Closed-19 $155,000-$680,000

Sycamore-New 11 $130,000-$350,000                                         

                Closed-3 $115,000-$273,995

Yorkville-New 19 $179,922-$739,500                                           

              Closed-6 $190,000-$654,250

Contracts accepted this week

Fox Valley Market Update July 27 2019-Accepted contracts this week

Contracts accepted this week were just slightly down.  259 this week compared to 284 the week before.

Take a look at the communities that sellers accepted the most contracts this week:

Aurora-37                                           Batavia-10                                        Bolingbrook-14

Geneva-15                                          Montgomery-10                                Naperville-46

Oswego-16                                         Plainfield-29                                      St Charles/Campton Hills-13

Yorkville-12

Contracts accepted by the month in 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1218
  • July-1,090

                  8,095 Total

Keep in mind that not all contracts that get accepted close.  Some issues might come up that buyer and seller do not come to an agreement.  Some might come back on the market and then get another contract that does close.

Short sales are still very low. 3 were accepted by seller’s this week compared to 2 the week before.  1 each in Montgomery, Naperville and Sugar Grove.  Now they will go to the lender to see if they will also accept.

Sellers’s accepted contracts this week that are contingent on the buyer closing on their current home before purchasing. 4 with a kick-out clause of 72 hours, 17 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing.  5 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contacts us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether buying or selling a home.  We will explain the process so you have an idea what all is involved and the best way to get there.  We can make recommendations for a loan officer to contact,  real estate attorney and home inspector to use.

Resources to check out:

Fox Valley market update July 27 2019.  Have a great week!  Let us know what questions you have.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-655

besthomesfv@gmail.com

Check out another way to search for homes!  You sign up for free.  If you need help in how to use it we can do a screen share and I can guide you through it.  It also has a chat feature.

Fox Valley Market Update

 

Fox Valley Market Update July 20 2019

Fox Valley Market Update July 20 2019

Fox Valley market update July 2019.  New listings of single family homes were slightly down this week.  383 this week compared to 407 the week before.  Less than a percent nothing to worry about.

2019 new listings by the month:

  • January-878
  • February-1,032
  • March-1,731′
  • April-1,594
  • May-2,004
  • June-1,643
  • July so far-1,077

                           9,959 Total

Closed listings were also slightly down.  253 this week compared to 266 the week before. They should increase as we get closer to the end of the month.

Look at the closings so far by the month for 2019:

  • January- 407
  • February-465
  • March-915
  • April-790
  • May- 1,391
  • June-1,253
  • July so far-776

                          5,997 Total

Take a look at the communities with the most activity this week:

Aurora-New 39 $129,900-$499,900                                          Closed-31 $76,000-$384,500

Batavia-New 10 $194,000-$905,000                                         Closed-3 $263,000-$438,000

Bolingbrook-New 32 $174,900-$749,000                                 Closed-16 $167,000-$400,000

Geneva-New 15 $245,000-$614,900                                        Closed-18 $220,000-$799,000

Montgomery-New 13 $174,999-$331,620                                Closed-11 $161,000-$288,000

Naperville-New 81 $229,000-$1,299,990                                 Closed-45 $168,000-$2,050,000

North Aurora-New 10 $182,500-$438,900                               Closed-2 $322,500-$396,400

Oswego-New 22 $189,900-$698,000                                        Closed-11 $202,500-$837,500

Plainfield-New 51 $129,900-$710,000                                      Closed-30 $147,500-$457,500

St Charles/Campton Hills-New 20 $234,900-$875,000             Closed-23 $190,000-$768,894

Sycamore-New 12 $152,000-$1,200,000                                  Closed-5 $110,000-$295,000

West Chicago New 12 $109,990-$499,900                                Closed-7 $207,000-$440,000

Yorkville-New 19 $174,900-$529,700                                        Closed-14 $183,000-$570,000

Contracts accepted this week

Fox Valley Market Update July 20 2019-Contracts accepted this week

Contracts accepted this week were slightly up.  284 this week compared to 252 the week before.  When a home is in good condition and priced right it will sell.  Last week we had an increase in new listings of single family homes so you see the increase in contracts accepted.  Not everyone is willing to fix up a home after they move in.  So many people today are too busy so they want to move in and start living without having to hire someone to come in and update.

Contracts accepted in 2019 so far by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July so far 831

                         7,836 Total

Not all homes that receive a contract end up closing. Some find out during the home inspection that there are issues that the buyer and seller were not able to negotiate something that they can agree to.  Some do not end up getting approved for a loan. There might be something that comes up on their credit that can’t be resolved soon enough.  These 2 things are the most important reasons why you need a good loan officer to work with and a good REALTOR to work through these issues along with a good real estate attorney.  Do not cut corners with such a big investment.

Here are the communities this week that sellers accepted the most contracts:

Aurora-52                                                                 Batavia-10                                                 Bolingbrook-23

Geneva-11                                                                Naperville-39                                              Oswego-10

Plainfield-46                                                             St Charles/Campton Hills-23                      Yorkville-10

Short sales accepted by seller’s were half of what they were the week before.  2 this week compared to 4 the week before.  1 each in Aurora and Geneva.  Now they will get submitted to the lender to see if they will also accept.

Sellers’ accepted contracts this week that are contingent on the buyer closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 11 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing. 2 with a kick-out clause of 72 hours and 6 with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether buying or selling a home.

Check out these resources:

Let us know what questions you have.  We will guide you through the process.

Fox Valley market update July 20 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Fox Valley market update July 13 2019-Satellite view

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Fox Valley Market Update July 13 2019

Fox Valley Market Update July 13 2019

Fox Valley market update July 13 2019.  Thing are picking back up again since the holiday.  407 new listings of single family homes this week compared to 287 the week before.  What a difference a week makes!  July is usually a slow month with everyone going on vacation.  It is a good time to go on vacation right after you list your home.  Your home is easier to show and you don’t have to be inconvenienced with all the showings. It might even sell while you are gone.  Wouldn’t that be nice!

2019 listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-694 so far

                  9,576 Total

Closed homes this week were slightly up.  266 this week compared to 236 the week before.  They should increase and we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-523 so far

                  5,744 Total

Take a look at the communities with the most activity this week:

Aurora-New 47 $88,000-$599,900                                                 Closed-40 $76,000-$461,500

Batavia-New 10 $239,000-$799,900                                              Closed-8 $214,000-$365,000

Bolingbrook-New 23 $139,900-$669,900                                       Closed-31 $160,000-$434,500

Geneva-New 13 $275,000-$574,900                                               Closed-8 $385,000-$702,000

Naperville-New 98 $299,900-$2,499,000                                        Closed-48 $273,000-$1,295,000

Oswego-New 20 $229,900-$450,000                                               Closed-25 $150,000-$837,500

Plainfield-New 46 $165,000-$1,200,000                                          Closed-22 $216,000-$475,000

St Charles/Campton Hills-New 35 $159,000-$849,900                    Closed-21 $199,500-$768,000

Sugar Grove-New 11 $242,500-$435,000                                        Closed-5 $275,000-$355,000

Sycamore-New 14 $109,900-$459,000                                            Closed-4 $115,000-$292,400

West Chicago-New 10 $240,000-$589,900                                      Closed-8 $204,900-$557,000

Yorkville-New 17 $215,000-$549,900                                              Closed-7 $225,000-$390,000

Contracts accepted this week

Fox Valley Market Update July 13 2019-Contracts accepted this week

Contracts accepted this week were down.  252 this week compared to 295 the week before.  This should pick up with all the new listings that came on the market this week.

Look at the contracts accepted for 2019 by the month so far:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • July-547 so far

                  7,552 Total

Take a look at the communities seller’s accepted the most contracts this week:

Aurora-40                                                               Bolingbrook-25                                                 Montgomery-10

Napervilee-33                                                          Oswego-15                                                        Plainfield-27

St Charles/Campton Hills-22                                   Yorkville-10

Short sales were slightly up this week. 4 this week compared to 2 the week before.  This continues to be good news!  This week there were 2 in Aurora and 1 each in Naperville and Winfield.

Contracts were accepted by seller’s that are contingent on the buyer’s closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 10 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer’s selling and closing on their current home before purchasing.  1 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us with your real estate questions at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  We are keeping an eye on the market. Our goal is to negotiate price and terms that are best whether buying or selling a home.

We will tell you what you need to do to get your home market ready.  Explain the process.  Provide you with a net proceeds that shows you the expenses to sell.

If you are thinking about purchasing you will need to get pre-qualified with a loan officer.  It matters who you use.  If you need recommendations of loan officers we will recommend a few so you can decide who to use.  We will guide you through the process.  

Resources to check out:

Fox Valley market update July 13, 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out a different way to search for a home.  Sign up for free!  It has a chat feature that you can reach us to let us know you want to see something or have a question.  If you click on the satellite view you can see how a home sits on the property.  Does it have a back yard.  Is it on a corner lot.  What else is for sale in the neighborhood and the prices.  How far away is shopping and entertainment.  Let us know what you think!

Fox Valley market update July 13 2019-Satellite view

 

Fox Valley Market Update July 6 2019

Fox Valley Market Update July 6 2019

Fox Valley market update July 6 2019.  New listings of single family homes was way down this week.  287 new listings this week compared to 365 the week before.  It is a holiday week so this is to be expected.  Things will get back to normal next week.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July so far-287

                           9,169 Total

Closed single family homes this week were also down.  236 closed this week compared to 330 the week before.  This is also to be expected on a shorter week because of holiday and because it is the beginning of the month.  Most buyer’s want to close at the end of the month.

Closed single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July so far-236

                           5,457 Total

Take a look at the activity this week of single family homes:

Aurora-New 44 $79,000-$644,800                                          Closed-36 $90,000-$419,900

Bolingbrook-New 24 $119,900-$414,900                               Closed-14 $154,000-$399,900

Geneva-New 13 $339,900-$795,000                                      Closed-7 $200,000-$665,000

Montgomery-New 12 $161,000-$285,900                             Closed-19 $158,067-$320,000

Naperville-New 50 $215,000-$2,199,000                              Closed-40 $190,000-$1,075,000

Oswego-New 11 $149,900-$849,000                                    Closed-13 $197,000-$379,000

Plainfield-New 39 $189,800-$675,000                                  Closed-27 $138,000-$424,900

St Charles/Campton Hills-New 22 $139,900-$1,499,000      Closed-22 $145,000-$588,000

Yorkville-New 15 $249,000-$449,900                                   Closed-5 $239,990-$405,000

Contracts accepted this week

Fox Valley Market Update July 6 2019-Contracts accepted this week

Contracts accepted this week of single family homes was slightly up.  295 this week compared to 272 the week before.  That is a good thing with a short week.  Next week should be even better.

Look at the totals of contracts accepted for 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July so far-295

                           7,300 total

So far May is the month with the most activity all around.  New listings, closed homes and contracts accepted.  Not all contracts accepted end up closing. Some come back on the market after the home inspection that might have an issue the buyer and seller can not negotiate a resolution to the issue.  Other ones the financing might not get approved.  The majority of them do close though.

Just under 60% of the new listings that came on the market have closed.  Slightly under 80% have gone under contract.  The other 20% either need to make improvements, lower price or both.  If you are not getting showings or they have slowed down you need to rethink price and condition.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-41                                        Bolingbrook-24                                        Geneva-11

Naperville-49                                   North Aurora-13                                       Oswego-16

Plainfield-42                                   St Charles/Campton Hills-30                      Yorkville-11

Short sales accepted by seller’s this week were also down.  2 this week compared to 5 the week before. 1 each in Plano and Yorkville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Give a call to answer all of your real estate questions at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

Resources to check out:

Fox Valley market update July 6 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search for a home.  Click on the satellite view and you can see how the home sits on the lot and what is also for sale in that neighborhood.  Let us know what you think!

 

 

Fox Valley Market Update June 22 2019

Fox Valley Market Update June 22 2019

Fox Valley market update June 22 2019..  New listings of single family homes in the Fox Valley area were slightly higher this week.  444 this week compared to 433 the week before.

2019 look at new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-1,278
  • Total-8,517

One more week to go in June and it looks like we will not come close to May’s totals for new listings.  That is not good for buyer’s that are still trying to find a home.

Closed homes this week were slightly higher.  303 this week compared to 294 the week before.  Next week should be very busy for closings.

Closings in 2019 so far of single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-923
  • Total-4,891

A little over 57% of the 8,517 new listings have sold and closed so far far this year.

Take a look at the activity this week in the Fox Valley:

Aurora-New 51 $119,900-$639,900                                                         Closed-34 $125,000-$500,000

Batavia-New 16 $185,000-$629,900                                                        Closed-8 $203,000-$464,000

Bolingbrook-New 27 $129,900-$595,900                                                Closed-25 $98,175-$405,500

Geneva-New 22 $242,000-$1,295,000                                                    Closed-22 $155,000-$751,000

Montgomery-New 22 $125,000-$330,455                                               Closed-11 $86,793-$370,056

Naperville-New 102 $174,900-$1,790,000                                              Closed-52 $202,500-$1,020,000

North Aurora-New 13 $195,000-$430,000                                              Closed-8 $197,500-$368,500

Oswego-New 26 $199,900-$429,900                                                       Closed-12 $165,000-$370,000

Plainfield-New 38 $172,000-$494,000                                                     Closed-31 $182,000-$595,000

St Charles/Campton Hills-New 36 $109,800-$1,275,000                         Closed-29 $150,000-$774,900

West Chicago-New 13 $114,900-$485,000                                              Closed-8 $165,000-$432,500

Winfield-New 10 $282,900-$799,000                                                      Closed-5 $300,000-$475,000

Yorkville-New 19 $213,000-$1,100,000                                                   Closed-7 $174,000-$375,000

Contracts accepted this week

Fox Valley Market Update June 22 2019-Contracts accepted this week

Contracts accepted of single family homes this week were slightly down.  293 this week compared to 317 last week.

Contracts accepted of single family homes so far in 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-946
  • Total-6,733

That total shows you that about 79% of the homes listed this year have gone under contract.  Not all of them have closed. Some have been put back on the market because of buyer not able to get financing or some other reason.  Some of that total have gone under contract and reactivated and gone under contract again.  Closed totals are the most important.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-45                                                      Batavia-14                                              Bolingbrook-18

Geneva-12                                                     Montgomery-11                                      Naperville-50

Oswego-12                                                    Plainfield-38                                            St Charles/Campton Hills-23

Yorkville-16

Short sales accepted this week by seller’s doubled from last week.  5 this week compared to 2 the week before.  Still very low.  There were 1 each in Montgomery, Plainfield and Sandwich.  2 in Oswego this week.

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home before purchasing.  12 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer selling and closing before they can purchase.  1 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555.  Jerffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling, buying or both.

Thinking about selling?  We will update the value of your home in today’s market and provide you with a net proceeds that will show you the expenses to sell your home so you know where you are at.

If you are thinking about purchasing your first step is to contact a loan officer to get pre-qualified so you know the type of loan and what price range will work for you.

We will guide your through the process of selling or purchasing.  We can make a few recommendations of loan officers, real estate attorneys and inspectors if you don’t know any already.  You can choose who you think will workout best for you.

Check out these resources:

Fox Valley market update June 22 2019.  Have a great week! Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com or Kristineheiman@besthomesfv.com

You can also check out a different way to search for a home.  Click on satellite view and you can see how the home is situated on the lot.  It will show you if it is a corner lot, does it have a backyard and is it fenced in,  Is there anything else for sale in the neighborhood.

 

Fox Valley Market Update June 15 2019

Fox Valley Market Update June 15 2019

Fox Valley market update June 15 2019.  New listings of single family homes were up this week.  433 new this week compared to 401 the week before.  This should make buyer’s happy if they are in the price ranges that they are looking in.

2019 new listings of single family homes by the month:

  • January-878
  • February-1.032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-834

Closing this week were slightly down. 294 this week compared to 326 the week before.  These numbers will increase as we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-620

So far May is the biggest month for new listings and closings.

Take a look at the communities with the most activity this week:

Aurora-New 44 $109,900-$529,900                                          Closed-34 $106,000-$385,000

Batavia-New 17 $99,900-$559,870                                           Closed-12 $265,968-$482,500

Bolingbrook-New 37 $144,900-$749,000                                 Closed-16 $194,900-$385,000

Geneva-New 24 $227,500-$929,999                                        Closed-17 $229,000-$485,000

Naperville-New 76 $290,000-$1,279,000                                Closed-54 $252,000-$1,340,476

Oswego-New 24 $229,900-$375,000                                      Closed-20 $212,000-$395,000

Plainfield-New 59 $169,900-$975,000                                    Closed-32 $178,000-$765,000

Plano-New 10 $149,900-$289,900                                         Closed-3 $186,000-$265,000

St Charles/Campton Hills-New 39 $149,900-$1,299,000        Closed-25 $145,000-$833,920

Sycamore-New 10 $235,000-$409,000                                   Closed-10 $140,000-$306,000

West Chicago-New 12 $176,000-$500,000                             Closed-12 $145,000-$642,500

Yorkville-New 22 $184,700-$564,900                                     Closed-11 $211,000-$363,500

Contracts accepted this week

Fox Valley Market Update June 15 2019-Contracts accepted this week

Contracts of single family homes were slightly  down this week.  317 this week compared to 336 the week before.  That is not too far off.  So many people are busy with the end of school and graduations.  Some even out of town.

Look at the communities this week that seller’s accepted the most contracts:

Aurora-46                            Bolingbrook-22                                   Geneva-15

Naperville-48                       North Aurora-10                                 Oswego-18

Plainfield-43                        St Charles/Campton Hills-26               Yorkville-18

Contracts accepted by the month for 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-653

This gives you an idea of the closings to come and which months buyer’s found a home an acted on it.  So far May has been the best month to list a home, close on a home and get a contract accepted on a home.

Short sales accepted this week were still low.  2 accepted this week by seller’s compared to 1 the week before.  This week there was 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept as written.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 10 with a kick-out clause of 72 hours, 16 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer’s selling and closing on their current home.  4 with a 72 hour kick-out clause, 4 with 48 hours and 3 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best.

Check out these resources:

Fox Valley market update June 15 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

You might also like trying out this way to search for a home.  If you click on satellite view you an see from above the home to see how it is situated on the property.  If it is a corner lot or what else is for sale in the area.  Try it out and let me know what you think! 

Fox Valley Market Update June 8 2019

Fox Valley Market Update June 8 2019

Fox Valley market update June 8 2019.  New listings of single family homes were up this week!  401 this week compared to 359 the week before.  Good news for buyer’s that are out there trying to find a home.

2019 new listings of single family homes month by month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-401

Closed single family homes were also up.  326 this week compared to 296 the week before.  That is surprising for the beginning of the month.  Most buyer’s want to close at the end of the month.  

Closed single family homes 2019 month by month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-326

So far May is the busiest month for both new listings and closed single family homes.

Take a look at the communities with the most activity this week:

Aurora-New 43 $89,900-$539,900                                              Closed-44 $115,000-$706,000

Batavia-New 14 $269,250-$799,900                                           Closed-12 $228,000-$464,000

Bolingbrook-New 24 $159,999-$575,000                                   Closed-28 $149,000-$400,000

Geneva-New 26 $225,000-$1,599,000                                        Closed-13 $250,000-$598,500

Montgomery-New 14 $135,076-$325,000                                   Closed-10 $210,000-$300,000

Naperville-New 72 $259,900-$2,550,000                                    Closed-62 $255,000-$1,262,000

North Aurora-New 12 $245,000-$499,900                                 Closed-5 $205,000-$342,700

Oswego-New 18 $209,000-$659,000                                          Closed-22 $135,000-$492,500

Plainfield-New 39 $174,900-$599,900                                        Closed-44 $169,900-$517,000

St Charles/Campton Hills-New 36 $149,900-$775,000               Closed-19 $167,000-$995,000

West Chicago-New 16 $150,000-$1,200,000                              Closed-6 $141,000-$570,000

Yorkville-New 13 $229,900-$425,000                                          Closed-18 $215,000-$515,000

Contracts accepted this week

Fox Valley Market Update June 8 2019-Contracts accepted this week

Contracts on single family homes were up this week.  336 this week compared to 285 the week before.  This next week should be good as well with all the new listings.

Contracts accepted 2019 month by month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-336

These numbers, even though we do not know if they will all close, give you an idea of closings to come.  It shows you which months are more active with buyer’s out there ready to buy.

Communities this week that seller’s accepted the most contracts:

Aurora-44                                Batavia-11                          Bolingbrook-28                              Geneva-10

Montgomery-17                       Naperville-61                      Oswego-14                                     Plainfield-44

St Charles/Campton Hills-26   West Chicago-11                 Yorkville-10

There was only 1 short sales accepted by a seller this week and it was in Plainfield.  Last week there were 2.  We are happy to see these numbers remain low.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 4 with 24 hours.

Contact us

We are keeping and eye on the market.  Call us with any questions you have at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

Resources to check out:

We want to explain the process to you so you feel comfortable with your decisions.  We guide you through the process.

Fox Valley market update June 8 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

Check out another way to search for a home.  You can click on the satellite view and see if the home you want to see is on a corner lot, has a fenced in back yard or what else if for sale near by.