Fox Valley home prices November 2nd

Fox Valley home prices November 2nd

Fox Valley home prices November 2nd. 60 and sunny today.  This next week will be mid 50’s to upper 60’s.  I am enjoying this wonderful weather!

New listings this week are down.  151 this week compared to 175 the previous week.

Closed listings are up.  226 this week compared to 183 the previous week.

Here is the communities with the most activity this week in the Fox Valley area of Illinois.

Aurora-New 19 $139,900-$825,000

             Closed-32 $200,000-$960,000

Bolingbrook-New 6 $294,900-$539,000

                    Closed-15 $235,000-$900,008

Elgin-New 20 $219,500-$625,000

         Closed-25 $227,000-$604,006

Montgomery-New 0

                     Closed-12 $225,000-$405,000

Naperville-New 20 $379,900-$2,499,995

                 Closed-39 $449,000-$2,200,000

Oswego-New 11 $349,900-$560,900

              Closed-13 $260,000-$719,160

Plainfield-New 20 $324,900-$929,000

                Closed-15 $325,000-$922,277

St Charles-New 8 $424,000-$1,195,000

                  Closed-12 $265,000-$3,200,000

Yorkville-New 11 $325,000-$519,900

               Closed-8 $446,500-$665,000

Other communities had activity this week.  Look at the photo above for the price ranges.

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

Median list price this week $450,000, last week $444,995.

Closed median price this week $463,120, last week $435,000.

Stats 110224
Stats for week ending November 2nd

Conventional financing was used to close on 175 homes this week at median price $480,000 with 35 days average market time, last week 135 homes at median price $456,990 with 30 days average market time.

Conv 110224
Conventional financing used to close for week ending November 2nd

Cash was used to close on 30 homes this week at median price $590,000 with 18 days average market time, last week 27 homes at median price $369,900 with 20 days average market time.

Cash 110224
Cash used to close for week ending November 2nd

FHA financing was used to close on 16 homes this week at median price $300,500 with 25 days average market time, last week 14 homes at median price $362,500 with 53 days average market time. 

FHA 110224
FHA financing used to close for week ending November 2nd

VA financing was used to close on 5 homes this week at median price $473,990 with 37 days average market time, last week 6 homes at median price $410,000 with 23 days average market time.

VA 110224
VA financing used to close for week ending November 2nd

2,000 SF or more closed on 143 homes this week at median price $570,000 with 38 days average market time, last week 107 homes at median price $503,000 with 36 days average market time.  Minimum price this week $263,000, last week $193,000.

2000 SF or more 110224
2,000 SF or more closed for week ending November 2nd

A little over 63% of homes closed this week were at least 2,000 SF or more.  Conventional financing was used to close on a little over 77% of homes this week.  Cash was double FHA financing.

Under contract this week

Homes that went under contract this week were down.  155 this week compared to 181 the previous week.

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

Aurora-14                            Batavia-11

Bolingbrook-14                     Elgin-11

Naperville-13                       Oswego-10

Plainfield-18

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

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

Under contract median price this week $419,000 with 47 days average market time, last week $424,900 with 40 days average market time.

Under contract stats 110224
Under contract stats for week ending November 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

March            674       612               792

April              800       688               801

May              1077      1002             1075

June             1009       906                918

July              1173      1050              1094

August           883       858                725

September     849       734                777

October         990       936                878

Totals       8668   7725         8350

2023

January          483       326                470

February        630       526                 789

March             555      558                 726

April               710       617                 755

May                735       603                 816 

June             1030      1059                 926

July                765       745                 805

August            869       988                 915

September      684       621                 623

October          639       568                 549

Totals       7100    6611         7374

2022

January           422       492                623

February         523       520                724

March              734      904                 890

April               1168       966               1334

May                 1101       893                 806

June               1295     1409                1234

July                 955       932                 908

August            1019      1134               1062

September       730      733                 698

October           699       612                 646

Totals        8646   8595         8925

We are doing better than last year, even with higher interest rates,  but worse than 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.

Here is some information that might help you.  Click on everything that is bold and underlined to take you to the information.

You can also request a home valuationsign-up for email alerts, andsearch for a home anytime.

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

Fox Valley home prices November 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 October 26th

Fox Valley home prices October 26th

Fox Valley home prices October 26th.  It is a gorgeous fall day today.   Sunny and 60 for a high.  This next week it will range from 50-81.

New listings this week are down.  175 this week compared to 214 the previous week.

Closed listings are up.  183 this week compared to 150 the previous week.

Here are the communities with the most activity this week.

Aurora-New 15 $194,900-$738,000

            Closed-21 $212,500-$825,000

Bolingbrook-New 9 $255,000-$795,000

                    Closed-10 $250,000-$522,500

Elgin-New 15 $134,900-$760,000

         Closed-21 $151,000-$707,755

Geneva-New 3 $339,000-$699,900

             Closed-10 $330,000-$750,000

Naperville-New 22 $449,900-$1,495,000

                 Closed-30 $334,000-$1,251,000

Plainfield-New 22 $300,000-$859,000

                Closed-23 $277,500-$770,214

St Charles-New 13 $215,000-$875,000

                  Closed-16 $200,000- $1,150,000

Yorkville-New 10 $335,000-$649,000

               Closed-8 $399,900-$605,000

Other communities had activity this week.  Look at the photo above for their price ranges.

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

Median list price this week $444,995, last week $439,250.

Closed median price this week $435,000, last week $420,250.

Stats 102624
Stats for week ending October 26th

Conventional financing was used to close on 135 homes this week at median price $456,990 with 30 days average market time, last week 109 homes at median price $447,700 with 44 days average market time.

Conv 102624
Conventional financing used to close for week ending October 26th

Cash was used to close on 27 homes this week at median price $369,900 with 20 days average market time, last week 18 homes at median price $415,000 with 23 days average market time.

Cash 102624
Cash used to close for week ending October 26th

FHA financing was used to close on 14 homes this week at median price $362,500 with 53 days average market time, last week 17 homes at median price $360,000 with 24 days average market time.

FHA 102624
FHA financing used to close for week ending October 26th

VA financing was used to close on 6 homes this week at median price $410,000 with 23 days average market time, last week 4 homes at median price $452,250 with 29 days average market time.

VA 102624
VA financing used to close for week ending October 26th

2,000 SF or more closed on 107 homes this week at median price $530,000 with 36 days average market time, last week 80 homes at median price $515,000 with 53 days average market time.  Minimum price this week $193,000, last week $300,000.

2000 SF or more 102624
2,000 SF or more closed for week ending October 26th

There were more cash deals closed this week than FHA.  Conventional continues to be the way to go if you are using financing to close.

Under contract this week

Homes that went under contract this week are consistent.  181 this week compared to 174 the previous week.

Fox Valley home prices October 26th-Under contract this week

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

Aurora-21                      Bolingbrook-20

Elgin-11                          Naperville-24

Oswego-11                      Plainfield-25

St Charles-12

1 short sale was accepted by a seller this week.  It was in Batavia.  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.  5 with a kick-out clause of 72 hours, 6 with 48 hours, and 1 with 24 hours.

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

Under contract median price this week $424,900 sigh 40 days average market time, last week $442,450 with 47 days average market time.

Under contract stats 102624
Under contract stats for week ending October 26th

2024 by the month

Month            New   Closed   Under contract

January           576      523           599

February         637      416            691

March              674      612           792

April                800      688           801

May                1077     1002         1075

June                1009      906           918

July                  1173     1050         1094

August              883      858           725

September        849      734            777

October             839      710            723

Totals               8517    7499          8195

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.

Next week there is 4 days left of October so we will do the end of the month look back then.

Contact us

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

Here are some links to information that you might want to take a look at.  Click on everything that is bold and underlined to take you to the information.

You can also request a home valuationsign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices October 26th.  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 October 19th

Fox Valley home prices October 19th

Fox Valley home prices October 19th.  It is going to be a gorgeous weekend with temperatures in the mid 70’s to lower 80’s.  The week ahead should be in the mid 60’s to lower 70’s.

New listings are consistent.  214 this week compared to 219 the previous week.

Closed listings are slightly down.  150 this week compared to 168 the previous week.

Here are the communities with the most activity this week and their price ranges.

Aurora-New 23 $149,900-$849,000

             Closed-18 $160,000-$550,000

Bolingbrook-New 14 $264,900-$715,000

                      Closed-10 $255,000-$540,000

Elgin-New 24 $175,000-$674,900

          Closed-19 $205,000-$1,395,000

Naperville-New 33 $340,000-$1,795,000

                   Closed-22 $365,000-$2,360,000

North Aurora-New 12 $299,999-$730,000

                        Closed-2 $428,000-$603,476

Plainfield-New 20 $194,900-$747,000

                  Closed-13 $339,900-$616,226

St Charles-New 15 $299,900-$899,900

                  Closed-11 $250,000-$990,000

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

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

Median list price this week $439,250, last week $460,000.

Closed median price $420,250, last week $431,500.

Stats 101924
Stats for week ending October 19th

Conventional financing was used to close on 109 homes this week at median price $447,700 with 44 days average market time, last week 125 homes at median price $450,000 with 30 days average market time.

Conv 101924
Conventional financing used to close for week ending October 19th

Cash was used to close on 18 homes this week at median price $415,000 with 23 days average market time, last week 22 homes at median price $407,500 with 29 days average market time.

Cash 101924
Cash used to close for week ending October 19th

FHA financing was used to close on 17 homes this week at median price $360,000 with 24 days average market time, last week 13 homes at median price $329,999 with 30 days average market time.

FHA 101924
FHA financing used to close for week ending October 19th

VA financing was used to close on 4 homes this week at median price $452,250 with 29 days average market time, last week 6 homes at median price $312,500 with 22 days average market time. 

VA 101924
VA financing used to close for week ending October 19th

2,000 SF or more closed on 80 homes this week at median price $515,000 with 53 days average market time, last week 101 homes at median price $525,000 with 35 days average market time.  Minimum price this week $300,000, last week $230,000.

2000 SF or more 101924
2,000 SF or more closed for week ending October 19th

We continue on the trend that most homes are closed using conventional financing in our area.

Under contract this week

Homes that went under contract were down.  174 this week compared to 191 the previous week.

Fox Valley home prices October 19th-Under contract this week

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

Aurora-18                        Elgin-18

Naperville-21                  Oswego-15

Plainfield-28                   St Charles-13

Click on the photo to see other communities that seller’s accepted contracts this week.

2 short sales were accepted by seller’s this week.  1 was in Plainfield and 1 was in Sugar Grove.  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, 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, 2 with 48 hours, and 1 with 24 hours.

Under contract media price this week $442,450 with 47 days average market time, last week $420,321 with 43 days average market time.

Under contract stats 101924
Under contract stats for week ending October 19th

2024 by the month

Month              New   Closed   Under contract

January             576       523            599

February           637       416             691

March                674       612             792

April                  800      688            801

May                  1077     1002          1075

June                  1009      906            918

July                    1173    1050          1094

August               883      858            725

September         849      734             777

October              664       527            542

Totals               8342     7316          8014

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.

Take a look at some resources that might interest you.  Click on everything that is bold and underlined to take you to the information.

You might also want torequest a home valuationsign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices October 19th.  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 October 12th

Fox Valley home prices October 12th

Fox Valley home prices October 12th.  Today is the last day in the 70’s for a while.  It will be in the 60’s this next week.

New listings this week are down slightly.  219 this week compared to 231 the previous week.

Closed listings are down.  168 this week compared to 209 the previous week.

Aurora-New 16 $139,900-$719,000

             Closed-26 $169,000-$555,000

Batavia-New 12 $475,000-$719,907

               Closed-2 $235,000-$324,000

Bolingbrook-New 14 $340,000-$1,395,000

                      Closed-4 $201,000-$341,000

Elgin-New 18 $195,000-$750,000

          Closed-12 $124,000-$690,000

Naperville-New 28 $350,000-$1,599,000

                   Closed-25 $425,000-$1,750,000

Oswego-New 11 $295,000-$669,000

               Closed-10 $261,000-$680,000

Plainfield-New 52 $245,000-$899,000

                  Closed-26 $275,000-$678,983

St Charles-New 13 $259,000-$1,350,000

                   Closed-12 $270,000-$785,000

Take a look at Plainfield!

These are the communities with the most activity this week.  Other communities had activity as well.  Take a look at their price ranges in the photo above.

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

Median list price this week $460,000, last week $450,000.

 Closed median price this week $431,500, last week $430,000.

Stats 101224
Stats for week ending October 12th

Conventional financing was used to close on 125 homes this week at median price $450,000 with 30 days average market time, last week 155 homes at median price $449,000 with 28 days average market time.

Conv 101224
Conventional financing used to close for week ending October 12th

Cash was used to close on 22 homes this week at median price $407,500 with 29 days average market time, last week 33 homes at median price $390,000 with 54 days average market time.

Cash 101224
Cash used to close for week ending October 12th

FHA financing was used to close on 13 homes this week at median price $329,999 with 30 days average market time, last week 14 homes at median price 325,000 with 24 days average market time.

FHA 101224
FHA financing used to close for week ending October 12th

VA financing was used to close on 6 homes this week at median price $312,500 with 22 days average market time, last week 6 homes at median price $497,500 with 14 days average market time.

VA 101224
VA financing used to close for week ending October 12th

2,000 SF or more closed on 101 homes this week at median price $525,000 with 35 days average market time, last week 128 homes at median price $520,000 with 39 days average market time.  Minimum price this week $230,000, last week $253,000.

2000 SF or more 101224
2,000 SF or more closed for week ending October 12th

Under contract this week

Homes that went under contract this week are up.  191 this week compared to 177 the previous week.

Fox Valley home prices October 12th-Under contract this week

Aurora-29                             Bolingbrook-10

Elgin-15                                 Naperville-22

Plainfield-33                          St Charles-16

Yorkville-12

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

Seller’s accepted contracts that are contingent on the buyer closing on their current homes.  5 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.  1 with a kick-out clause of 72 hours, 6 with 48 hours, and 2 with 24 hours.

Median price of homes that went under contract this week $420,321 with 43 days average market time, last week $440,000 with 44 days average market time.

Under contract stats 101224
Under contract stats for week ending October 12th

2024 by the month

Month            New   Closed   Under contract

January           576       523         599

February         637       416          691

March              674       612          792

April                800       688         801

May                1077      1002       1075

June                1009       906         918

July                  1173      1050       1094

August              883       858         725

September        849       734          777

October             450       377          368

Totals               8128     7166        7840

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.

Every week we post these resources for you to check out.  Click on everything that is bold and underlined to take you to the information.

Here is information on my website for you to check out.  Request home valuationSign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices October 12th.  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 October 5th

Fox Valley home prices October 5th

Fox Valley home prices October 5th.  Low 70’s this next week for highs with 40’s for low temperatures.

New listings this week are up.  231 this week compared to 188 the previous week.

Closed listings are consistent. 209 this week compared to 211 the previous week.

Aurora-New 27 $150,000-$1,00,000

             Closed-26 $165,005-$924,066

Bolingbrook-New 14 $295,000-$786,398

                      Closed-14 $225,009-$809,819

Elgin-New 30 $245,000-$649,000

          Closed-26 $155,000-$705,070

Geneva-New 8 $355,000-$825,000

              Closed-10 $275,000-$2,800,000

Naperville-New 37 $389,900-$2,025,000

                   Closed-26 $388,000-$2,318,615

Oswego-New 12 $264,990-$1,680,000

               Closed-9 $370,000-$650,000

Plainfield-New 36 $289,873-1,499,999

                  Closed-24 $320,000-$746,438

St Charles-New 15 $350,000-$1,995,108

                   Closed-9 $420,000-$825,000

Yorkville-New 8 $324,900-$550,000

                 Closed-11 $215,000-$1,132,500

Check out the photo above for other communities that had activity this week.  We just highlighted the ones with the most activity.

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

Median list price this week $450,000, last week $444,900.

Closed median price this week $430,000, Last week $442,990.

Stats 100524
Stats for week ending October 5th

Conventional financing was used to close on 155 homes this week at median price $449,000 with 28 days average market time, last week 154 homes at median price $463,500 with 20 days average market time.

Conv 100524
Conventional financing used to close for week ending October 5th

Cash was used to close on 33 homes this week at median price $390,000 with 54 days average market time, last week 26 homes at median price $418,750 with 25 days average market time. 

Cash 100524
Cash used to close for week ending October 5th

FHA financing was used to close on 14 homes this week at median price $325,000 with 24 days average market time, last week 17 homes at median price $364,990 with 46 days average market time.

FHA 100524
FHA financing used to close for week ending October 5th

VA financing was used to close on 6 homes this week at median price $497,500 with 14 days average market time, last week 13 homes at median price $460,000 with 30 days average market time.

VA 100524
VA financing used to close for week ending October 5th

2,000 SF or more closed on 128 homes this week at median price $520,000 with 39 days average market time, last week 118 homes at median price $541,250 with 22 days average market time.  Minimum price this week $253,000, last week $339,000.

2000 SF or more 100524
2,000 SF or more closed for week ending October 5th

Conventional financing continues to be the choice for financing.  Cash was used to close more than FHA financing again this week.

Under contract this week

Homes that went under contract this week are down.  177 this week compared to 201 the previous week.

Fox Valley home prices October 5th-Under contract this week

Aurora-17                            Bolingbrook-14

Elgin-12                               Naperville-22

Oswego-11                           Plainfield-20

St Charles-16

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.  4 with a kick-out clause of 72 hours and 6 with 48 hours.

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

Median price of homes that went under contract this week $440,000 with 44 days average market time, last week $419,900 with 39 days average market time.

Under contract stats 100524
Under contract stats for week ending October 5th

2024 by the month

Month               New   Closed   Under contract

January              576       523            599

February            637       416             691

March                 674       612             792

April                   800      688             801

May                   1077     1002           1075

June                   1009      906             918

July                     1173     1050           1094

August                 883      858             725

September           849      734              777

October                231      209              177

Totals                 7909    6998           7649

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 your have something to compare to.

Contact us

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

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation,sign-up for email alerts andsearch for a home anytime.

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

Fox Valley home prices October 5th.  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 September 28th

Fox Valley home prices September 28th

Fox Valley home prices September 28th.  It looks like it will range from 68 to 79 this week.  60’s the week after that.

New listings this week are down slightly.  188 this week compared to 223 the previous week.

Closed listings this week are up.  211 this week compared to 152 the previous week.

Aurora-New 26 $205,000-$850,000

             Closed-23 $180,000-$665,000

Bolingbrook-New 13 $245,000-$1,125,000

                      Closed-14 $225,009-$552,000

Elgin-New 13 $209,000-$725,000

          Closed-22 $250,000-$635,000

Naperville-New 28 $339,000-$1,790,000

                    Closed-29 $382,500-$1,250,000

North Aurora-New 1 $299,995

                        Closed-10 $270,000-$652,150

Oswego-New 4 $469,000-$1,495,000

               Closed-13 $315,000-$674,990

Plainfield-New 28 $250,000-$650,000

                  Closed-23 $295,500-$760,000

St Charles-New 16 $299,900-$949,000

                   Closed-9 $330,000-$905,000

Yorkville-New 10 $349,900-$565,000

                Closed-16 $364,900-$899,000

Other communities had activity this week.  Look at the photo above for them and their price ranges.

Financing used, median prices, and 2000 SF or more

Median list price this week $444,900, last week $457,960.

Closed median price this week $442,990, last week $450,000.

Stats 092824
Stats for week ending September 28th

Conventional financing was used to close on 154 homes this week at median price $463,500 with 20 days average market time, last week 104 homes at median price $455,000 with 23 days average market time.

Conv 092824
Conventional financing used to close for week ending September 28th

Cash was used to close on 26 homes this week at median price $418,750 with 25 days average market time, last week 30 homes at median price $485,000 with 35 days average market time.

Cash 092824
Cash used to close for week ending September 28th

FHA financing was used to close on 17 homes this week at median price $364,990 with 46 days average market time, last week 6 homes at median price $338,500 with 61 days average market time.

FHA 092824
FHA financing used to close for week ending September 28th

VA financing was used to close on 13 homes this week at median price $460,000 with 30 days average market time,  last week 10 homes at median price $425,000 with 24 days average market time.

VA 092824
VA financing used to close for week ending September 28th

2,000 SF or more closed on 118 homes this week at median price $541,250 with 22 days average market time, last week 100 homes at median price $510,000 with 30 days average market time. Minimum price this week $339,000, last week $229,900.

2000 SF or more 092824
2,000 SF or more closed for week ending September 28th

They are right in order with the most used to least used way to close.  Conventional is the way to go if you do not have cash.

Under contract this week

homes that went under contract this week are pretty consistent.  201 this week compared to 211 the previous week.

Fox Valley home prices September 28th-Under contract this week

Aurora-29                               Bolingbrook-12

Elgin-25                                  Geneva-13

Naperville-28                          Plainfield-17

St Charles-14                           West Chicago-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.  2 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 5 with 48 hours and 1 we don’t know.

Under contract median price this week $419,900 with 39 days average market time, last week $450,000 with 39 days average market time.

Under contract stats 092824 2
Under contract stats for week ending September 28th

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

March                  674       612            792

April                    800      688           801

May                    1077    1002          1075

June                   1009      906            918

July                     1173     1050         1094

August                 883      858           725

September           849       734           777

Totals                 7678      6789        7472 

2023

January                483       326           470

February              630       526           789

March                   555       558           726

April                     710        617           755

May                      735        603          816

June                     1030      1059         926

July                       765         745         805

August                  869        988         915

September            684         621         623

Totals                   6461      6043       6825

2022

January                 422         492        623

February               523         520        724

March                   734          904       890

April                    1168          966      1334

May                     1101           893       806

June                     1295         1409      1234

July                       955           932       908

August                1019           1134     1062

September           730             733      698

Totals                 7947           7983    8279

We are doing better than last year, but 2022 was still better than than this and last year.

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.

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

You can also find on our website request a home valuation, sign-up for email alertsand search for a home anytime.

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

Fox Valley home prices September 28th.  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 September 21st

Fox Valley home prices September 21st

Fox Valley home prices September 21st.  I am looking forward to the 70’s this next week with a couple of  days of rain.

I am late writing this post.  All information was downloaded  Saturday morning.

New listings this week are consistent.  223 this week compared to 229 the previous week.

Closed listing this week are slightly down.  152 this week compared to 163 the previous week.

Aurora-New 24 $199,900-$950,000

             Closed-24 $205,000-$1,025,000

Bolingbrook-New 15 $289,900-$806,971

                      Closed-16 $265,000-$575,000

Elgin-New 19 $229,900-$712,000

          Closed-5 $307,000-$535,000

Geneva-New 12 $349,900-$815,000

              Closed-4 $225,000-$503,000

Naperville-New 29 $385,000-$3,400,000

                   Closed-20 $437,750-$2,060,000

Oswego-New 13 $229,900-$675,000

               Closed-9 $309,240-$740,000

Plainfield-New 25 $290,000-$762,485

                  Closed-14 $262,500-$1,075,000

St Charles-New 16 $89,000-$1,500,000

                  Closed-10 $216,000-$1,700,000

Yorkville-New 13 $360,000-$930,000

                Closed-5 $369,000-$860,000

Other communities had activity this week.  We are just highlighting the ones with the most activity.  Look at photo above for other communities and their price ranges.

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

Median list price this week $457,960, last week $445,000

Closed median price this week $450,000, last week $429,135.

Stats 092124
Stats for week ending September 21st

Conventional financing was used to close on 104 homes this week at median price $455,000 with 23 days average market time, last week 118 homes at median price $434,500 with 23 days average market time.

Conv 092124
Conventional financing used to close for week ending September 21st

Cash was used to close on 30 homes this week at median price $485,000 with 35 days average market time, last week 21 homes at median price $475,000 with 41 days average market time.

Cash 092124
Cash used to close for week ending September 21st

FHA financing was used to close on 6 homes this week at median price $338,500 with 61 days average market time, last week 16 homes at median price $327,500 with 19 days average market time.

FHA 092124
FHA financing used to close for week ending September 21st

VA financing was used to close on 10 homes at median price $425,000 with 24 days average market time, last week 7 homes at median price $372,500 with 27 days average market time.

VA 092124
VA financing used to close for week ending September 21st

2,000 SF or more closed on 100 homes this week at median price $510,000 with 30 days average market time, last week 86 homes at median price $525,000 with 21 days average market time.  Minimum price this week $229,000, last week $275,000.

It is crazy that there is more VA loans used to close this week than FHA.  Conventional loans continue to be the most used way to finance a home.

Under contract this week

Homes under contract this week are slightly up.  211 this week compared to 195 the previous week.

Fox Valley home prices September 21st-Under contract this week

Even though today’s date is on there all this information is from yesterday.  I am late in posting.

Aurora-25                                Bolingbrook-11

Elgin-21                                    Naperville-42

Plainfield-21                             St Charles-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  7 with a kick-out clause of 72 hours, 7 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, 6 with 48 hours, and 2 with 24 hours. 1 we don’t know the hours.

Under contract median price this week $450,000 with 39 days average market time, last week $419,900 with 44 days average market time.

Under contract stats 092124
Under contract stats for week ending September 21st

2024 by the month

Month            New   Closed   Under contract

January           576      523            599

February         637      416            691

March              674      612            792

April                800     688            801

May                1077    1002          1075

June                 1009    906            918

July                  1173    1050          1094

August              883     858            725

September        661      523            576

Totals              7490    6578           7271

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.

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

You can also request a home valuationsign-up for email alertsand search for a home anytime.

All data provided today was downloaded yesterday Saturday from our MLS, MRED, LLC.

Fox Valley home prices September 21st.  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 September 14th

Fox Valley home prices September 14th

Fox Valley home prices September 14th.  Temperatures will continue to be hot in the mid 80’s to 90’s this next week with no rain until maybe Sunday.

New listings are slightly up.  229 this week compared to 209 the previous week.

Closed listings are down.  163 this week compared to 208 the previous week.

Aurora-New 26 $210,000-$1,299,999

             Closed-22 $197,000-$729,000

Bolingbrook-New 14 $285,000-$499,900

                      Closed-14 $291,000-$941,900

Elgin-New 24 $159,500-$1,395,000

          Closed-17 $206,500-$1,240,040

Naperville-New 33 $425,000-$1,635,600

                   Closed-19 $355,000-$1,260,000

Oswego-New 6 $249,900-$525,000

               Closed-11 $350,000-$584,900

Plainfield-New 28 $335,000-$837,000

                  Closed-19 $262,500-$667,000

St Charles-New 20 $325,000-$2,100,000

                  Closed-5 $386,000-$1,350,000

Yorkville-New 11 $219,900-$775,000

                Closed-6 $330,000-$475,000

These are the communities with the most activity this week.  Check other communities that also had activity in the photo above and their price ranges.

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

Median list price this week $445,000, last week $459,900.

Closed median price this week $429,135, last week $427,450.

Stats 091424
Stats for week ending September 14th

Conventional financing was used to close on 118 homes this week at median price $434,500 with 23 days average market time, last week 162 homes at median price $438,000 with 25 days average market time.

Conv 091424
Conventional financing used to close for week ending September 14th

Cash was used to close on 21 homes this week at median price $475,000 with 41 days average market time, last week 27 homes at median price $475,000 with 33 days average market time.

Cash 091424
Cash used to close for week ending September 14th

FHA financing was used to close on 16 homes this week at median price $327,500 with 19 days average market time, last week 13 homes at median price $290,000 with 14 days average market time.

FHA 091424
FHA financing was used to close for week ending September 14th

VA financing was used to close on 7 homes this week at median price $372,500 with 27 days average market time, last week 5 homes at median price $375,000 with 19 days average market time.

VA 091424
VA financing used to close for week ending September 14th

2,000 SF or more closed on 86 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $539,460 with 30 days average market time.  Minimum price this week $275,000, last week $175,000.

2000 SF or more 091424
2,000 SF or more closed for week ending September 14th

Conventional financing continues to be the most used  way to finance a home.  Cash continues to beat out FHA at least here in the Fox Valley area.

Under contract this week

Homes that went under contract this week are slightly up.  195 this week compared to 170 the previous week.

Fox Valley home prices September 14th-Under contract this week

Aurora-26                            Bolingbrook-11

Elgin-24                               Naperville-25

Oswego-19                           Plainfield-21

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 48 hours and 3 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 4 with 48 hours.

Under contract median price this week $419,900 with 44 days average market time, last week $416,500 with 35 days average market time.

Under contract stats 091424
Under contract Stats for week ending September 14th

2024 by the month

Month                  New   Closed   Under contract

January                 576        523            599

February               637        416            691

March                    674        612            792

April                      800       688            801

May                      1077      1002          1075

June                     1009        906            918

July                       1173       1050         1094

August                   883        858           725

September             438         371           365

Totals                   7267       6426        7060

Check back with us every Saturday for the real estate market update of 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.

Check out some great resources.  Click on everything that is bold and underlined to take you to the site for the information.

You can alsorequest a home valuation,sign-up for email alertsand search for a home anytime.

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

Fox Valley home prices September 14th.  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 September 7th

Fox Valley home prices September 7th

Fox Valley home prices September 7th.  Next week  we will see temperatures from the 70’s- low 90’s.

New listings this week are consistent.  209 this week compared to 195 the previous week.

Closed listing this wee are slightly down.  208 this week compared to 239 the previous week.

Aurora-New 28 $194,900-$649,900

             Closed-35 $150,000-$893,000

Bolingbrook-New 12 $325,000-$610,000

                      Closed-15 $264,000-$525,000

Elgin-New 20 $199,900-$800,000

          Closed-18 $208,000-$681,385

Naperville-New 45 $425,000-$3,999,000

                    Closed-36 $382,500-$2,300,000

Plainfield-New 23 $319,000-$1,270,000

                  Closed-17 $310,000-$732,800

St Charles-New 13 $375,000-$1,950,000

                  Closed-11 $320,000-$1,200,000

Sycamore-New 1 $435,000

                  Closed-11  $110,000-$630,850

Yorkville-New 12 $399,000-$649,000

                Closed-6 $275,000-$429,900

These are the communities that had the most activity this week.  Look at photo above for the other communities that also had activity for their price ranges.

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

Median list price this week $459,900, last week $459,570.

Closed median price this week $427,450, last week $462,500.

Stats 090724
Stats for week ending September 7th

Conventional financing was used to close on 162 homes this week at median price $438,000 with 25 days average market time, last week 173 homes at median price $475,000 with 27 days average market time.

Conv 090724
Conventional financing used to close for week ending September 7th

Cash was used to close on 27 homes this week at median price $475,000 with 33 days average market time, last week 42 homes at median price $447,950 with 26 days average market time.

Cash 090724
Cash used to close for week ending September 7th 

FHA financing was used to close on 13 homes this week at median price $290,000 with 14 days average market time, last week 13 homes at median price $320,000 with 47 days average market time.

FHA 090724
FHA financing used to close for week ending September 7th

VA financing was used to close on 5 homes this week at median price $375,000 with 19 days average market time, last week 9 homes at median price $445,000 with 17 days average market time.

VA 090724
VA financing used to close for week ending September 7th

2,000 SF or more closed on 120 homes this week at median price $539,460 with 30 days average market time, last week 141 homes at median price $535,550 with 30 days average market time.  Minimum price this week $175,000, last week $207,000.

2000 SF or more 090724
2000 SF or more closed for week ending September 7th

Conventional financing continues to be the most used way to finance a purchase.  I am surprised at the amount of cash deals that we see every week.  

It wasn’t that long ago that the loan officers pre approved buyers using FHA all the time.

Under contract this week

Homes that went under contract this week are pretty consistent.  170 this week compared to 164 the previous week.

Fox Valley home prices September 7th-Under contract this week

Aurora-24                                Bolingbrook-10

Elgin-13                                    Naperville-27

Plainfield-23                            St Charles-11

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 72 hours, 7 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 and 3 with 48 hours.

Median price of homes that went under contract this week $416,500 with 35 days average market time, last week $419,450 with 37 days average market time.

Under contract stats 090724
Under contract stats for week ending September 7th

Just under 9% of homes had a home contingency.  Either they already have a contract on their home and need it to close to buy or they have not put it on the market yet and need to sell and close to buy.

2024 by the month

Month               New   Closed   Under contract

January              576       523            599

February            637       416             691

March                 674       612             792

April                   800      688             801

May                  1077     1002            1075

June                  1009      906             918

July                    1173     1050           1094

August                883      858             725

September          209      208             170

Totals                7038     6263          6865

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 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.

Here are some resources for you to check out.  Click on everything that is bold and underlined to take you to the information.

If there is other information you are looking for just let us know and we will point you in the right direction.

You can alsorequest a home valuationsign-up for email alerts, or search for a home anytime.

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

Fox Valley home prices September 7th.  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 August 31st

Fox Valley home prices August 31st

Fox Valley home prices August 31st.  It looks like mid 70’s to mid 80’s this week with lots of sunshine.

New listings are down slightly.  195 this week compared to 229 the previous week.

Closed listings are slightly up.  239 this week compared to 193 the previous week.

Aurora-New 19 $150,000-$650,000

             Closed-33 $207,000-$761,377

Batavia-New 4 $275,000-$700,000

               Closed-10 $250,000-$1,450,000

Bolingbrook-New 10 $189,900-$559,900

                      Closed-13 $280,080-$654,000

Elgin-New 18 $199,000-$799,900

           Closed-25 $205,617-$1,097,150

Naperville-New 27 $459,900-$2,299,900

                   Closed-26 $425,000-$1,025,000

Oswego-New 7 $320,000-$689,500

               Closed-13 $315,000-$1,060,000

Plainfield-New 36 $315,000-$750,000

                  Closed-30 $300,000-$660,000

South Elgin-New 6 $249,000-$647,000

                     Closed-12 $300,000-$850,000

St Charles-New 9 $287,500-$1,050,000

                   Closed-15 $270,000-$1,525,000

Yorkville-New 14 $364,990-$585,000

                Closed-9 $380,000-$779,900

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

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

Median list price this week $459,570, last week $449,900.

Closed median price this week $462,500, last week $450,000.

Stats 083124
Stats for week ending August 31st

Conventional financing was used to close on 173 homes this week at median price $475,000 with 27 days average market time, last week 135 homes at median price $460,500 with 19 days average market time.

Conv 083124
Conventional financing used to close for week ending August 31st

Cash was used to close on 42 homes this week at median price $447,950 with 26 days average market time, last week 26 homes at median price $512,500 with 34 days average market time.

Cash 083124
Cash used to close for week ending August 31st

FHA financing was used to close on 13 homes this week at median price $320,000 with 47 days average market time, last week 19 homes at median price $360,900 with 18 days average market time. 

FHA 083124
FHA financing used to close for week ending August 31st

VA financing was used to close on 9 homes this week at median price $445,000 with 17 days average market time, last week 9 homes at median price $449,000 with 30 days average market time.

VA 083124
VA financing used to close for week ending August 31st

2,000 SF or more closed on 141 homes this week at median price $535,550 with 30 days average market time, last week 121 homes at median price $525,000 with 22 days average market time.  Minimum price this week $207,000, last week $520( this is a mistake that needs to be corrected).

2000 SF or more 083124
2,000 SF or more for week ending August 31st

Conventional financing continues to be the most used way to close on a home in the Fox Valley area of Illinois.  42 homes closing with cash is unbelievable.

Under contract this week

Homes that went under contract this week are slightly down.  164 this week compared to 178 the previous week.

Fox Valley home prices August 31st-Under contract this week

Aurora-21                             Bolingbrook-11

Elgin-20                               Naperville-19

Plainfield-20                        St Charles-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, 3 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  1 each with a kick out clause of 72 hours, 48 hours and 24 hours.

Median price of homes that went under contract this week $419,450 with 37 days average market time, last week $437,000 with 31 days average market time.

Under contract stats 083124
Under contract stats for week ending August 31st

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

March          674       612            792

April            800      688            801

May            1077     1002          1075

June            1009      906            918

July              1173     1050          1094

August          883      858            725

Totals          6829    6055          6695

2023

January         483      326            470

February       630      526            789

March            555      558            726

April              710       617             755

May               735       603            816

June             1030      1059            926

July                765        745            805

August          869        988            915

Totals           5777      5422          6202

2022

January        422       492             623

February      523       520             724

March           734       904            890

April            1168       966           1334

May             1101       893             806

June             1295     1409            1234

July               955       932              908

August        1019       1134            1062

Totals          7217      7250             7581

 It is a better year than last year, but not as good as 2022.

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 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.

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

You can alsorequest a home valuation,sign-up for email alerts, and search for a home anytime.

August 17th the rules changed.  Contact me and I will explain the changes to you until you understand them.

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

Fox Valley home prices August 31st.  Have an awesome week!  Enjoy Labor Day weekend.

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101