Fox Valley home prices September 23rd

Posted on September 23, 2023September 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 23rd

Fox Valley home prices September 23rd. Happy 1st day of Fall!. Today it will be 80 but after that the temps decline. Next week we will have 60’s for highs.

New listings this week are way down. 162 this week compared to 205 the previous week.

Closed listings are consistent. 144 this week compared to 137 the previous week.

Aurora-New 26 $199,900-$620,000

Closed-32 $142,550-$835,000

Bolingbrook-New 8 $339,900-$625,000

Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

Closed-15 $310,000-$1,400,000

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

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

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323 — Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323 — Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323 — Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323 — FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323 — VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time. Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323 — 2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly. 143 this week compared to 152 the previous week.

Aurora-22 Bolingbrook-12

Naperville-18 Plainfield-20

St Charles-10 Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323 — Under contract stats for week ending September 23rd

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 525 416 453

Totals 6302 5838 6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

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

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

Contact us

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

Fox Valley home prices September 23rd. 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

Fox Valley home prices August 19th

Posted on August 19, 2023August 19, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 19th

Fox Valley home prices August 19th. Heat advisory for the week ahead. Back in the 80’s the following week during the day and 60’s at night.

New listings this week are consistent. 181 this week compared to 179 the previous week.

Closed listings are also consistent. 179 this week compared to 176 the previous week.

Aurora-New 30 $180,000-$1,100,000

Closed-27 $150,000-$905,000

Bolingbrook-New 12 $214,900-$600,000

Closed-17 $235,000-$575,000

Naperville-New 31 $339,900-$1,425,000

Closed-34 $316,000-$1,359,000

Oswego-New 11 $300,000-$499,900

Closed-5 $344,444-$1,350,000

Plainfield-New 17 $314,900-$879,900

Closed-17 $305,000-$746,543

St Charles-New 14 $279,000-$1,250,000

Closed-14 $320,000-$829,000

These are the price ranges of the communities with the most activity this week. Other communities had activity. Look at the photo above to see the price ranges of those communities.

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

Median list price this week $429,900, last week $449,900.

Closed median price this week $435,000, last week $449,945.

Stats 081923 — Stats for week ending August 19th

Conventional financing was used to close on 137 homes this week at median price $448,955 with 28 days average market time, last week 136 homes at median price $449,995 with 29 days average market time.

Conv 081923 — Conventional financing used to close for week ending August 19th

Cash was used to close on 19 homes this week at median price $490,000 with 42 days average market time, last week 25 homes at median price $500,000 with 15 days average market time.

Cash 081923 — Cash used to close for week ending August 19th

FHA financing was used to close on 14 homes at median price $322,500 with 19 days average market time, last week 8 homes at median price $367,500 with 39 days average market time.

FHA 081923 — FHA financing used to close for week ending August 19th

VA financing was used to close on 9 homes at median price $489,000 with 12 days average market time, last week 7 homes at median price $419,900 with 49 days average market time.

VA 081923 — VA financing used to close for week ending August 19th

2,000 square feet or more closed on 115 homes at median price $537,000 with 35 days average market time, last week 116 homes at median price $532,500 with 31 days average market time. Minimum price this week $237,100, last week $233,000.

2000 SF or more 081923 — 2,000 SF or more for week ending August 19th

Conventional financing continues to be the way to close in the Fox Valley area.

Under contract this week

Homes that went under contract this week are consistent. 179 this week compared to 186 the previous week.

Aurora-30 Bolingbrook-14

Montgomery-11 Naperville-23

Plainfield-13 St Charles-13

Yorkville-10

2 short sales were accepted by seller’s this week. 1 each in Aurora and Sandwich. 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. 3 with a kick-out clause of 72 hours and 2 with 48 hours.

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

Homes that went under contract this week had a median price $419,900 with 31 days average market time, last week $419,900 with 36 days average market time.

Under contract stats 081923 — Under contract median price for week ending August 19th