Fox Valley home prices May 6th

Posted on May 6, 2023May 6, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 6th

Fox Valley home prices May 6th. We are finally seeing the 70’s. It should continue for the next couple of weeks.

New listings this week are up. 201 this week compared to 165 the previous week.

Closed listings are down. 161 this week compared to 194 the previous week.

Aurora-New 31 $190,000-$750,000

Closed-18 $184,000-$704,654

Bolingbrook-New 12 $254,900-$756,649

Closed-8 $190,000-$400,000

Naperville-New 37 $365,000-$1,900,000

Closed-34 $392,500-$2,050,000

Oswego-New 10 $279,000-$1,695,000

Closed-11 $315,000-$599,000

Plainfield-New 32 $279,000-$659,000

Closed-23 $235,000-$549,900

St Charles-New 17 $219,900-$875,000

Closed-14 $269,000-$765,000

Click on photo above to see other communities that had activity this week.

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

Median list price this week $429,900, last week $429,999.

Closed median price this week $401,500, last week $422,500.

Stats 050623 — Stats for week ending May 6th

Conventional financing was used to close on 121 homes this week at median price $419,000 with 17 days average market time, last week 142 homes at median price $437,500 with 45 days average market time.

Conv 050623 — Conventional financing used to close for week ending May 6th

Cash was used to close on 21 homes this week at median price $410,500 with 63 days average market time, last week 26 homes at median price $410,000 with 94 days average market time.

Cash 050623 — Cash used to close for week ending May 6th

FHA financing was used to close on 15 homes this week at median price $337,500 with 56 days average market time, last week 16 homes at median price $343,565 with 51 days average market time.

FHA 050623 — FHA financing used to close for week ending May 6th

VA financing was used to close on 3 homes this week at median price $379,900 with 5 days average market time, last week 10 homes at median price $362,445 with 52 days average market time.

VA 050623 — VA financing used to close for week ending May 6th

2,000 square feet or more closed on 100 homes this week at median price $488,000 with 28 days average market time, last week 114 homes at median price $490,790 with 69 days average market time. Minimum price this week $310,000, last week $165,000.

2000 SF or more 050623 — 2000 SF or more closed for week ending May 6th

Slightly over 75% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are exactly the same as last week. 194 for both weeks.

Aurora-28 Batavia-13

Bolingbrook-22 Geneva-10

Naperville-28 Plainfield-22

St Charles-11 West Chicago-10

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. 4 with a kick-out clause of 72 hours and 1 with 24 hours.

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

Homes that went under contract this week had a median price $399,450 with 27 days average market time, last week $417,706 with 35 days average market time.

Under Contract stats 050623 — Under contract for week ending May 6th

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 201 161 194

Totals 2579 2188 2934

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you can compare how this year is going.

Resources

Click on each bullet point to take you to the site for the information.

If you are looking for information not listed above let us know so we can 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 of your real estate questions. Your goal is our goal.

Fox Valley home prices May 6th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 15th

Posted on April 15, 2023April 15, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 15th

Fox Valley home prices April 15th. We are in the 80’s today, but going down to 42 on Monday then back to 50 and 60’s.

New listings this week are up. 220 this week compared to 142 the previous week.

Closed listings are down. 108 this week compared to 183 the previous week.

Aurora-New 26 $190,000-$1,300,000

Closed-12 $127,000-$541,850

Bolingbrook-New 13 $239,900-$695,000

Closed-9 $270,000-$677,887

Geneva-New 14 $250,000-$925,000

Closed-8 $340,000-$680,000

Naperville-New 49 $318,000-$3,200,000

Closed-11 $327,500-$810,000

Oswego-New 11 $320,000-$2,200,000

Closed-9 $271,000-$550,000

Plainfield-New 31 $235,000-$1,500,000

Closed-19 $290,000-$649,000

St Charles-New 18 $300,000-$2,250,000

Closed-7 $285,000-$1,050,000

Click on the photo above to see other communities with activity this week.

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

Median list price this week $442,500, last week $420,000

Closed median price this week $400,500, last week $394,000

Stats 041523 — Stats for week ending April 15th

Conventional financing was used to close on 83 homes this week at median price $410,000 with 45 days average market time, last week 133 homes at median price $384,900 with 43 days average market time.

Conv 041523 — Conventional financing used to close for week ending April 15th

Cash was used to close on 14 homes this week at median price $337,500 with 14 days average market time, last week 29 homes at median price $445,000 with 57 days average market time.

Cash 041523 — Cash used to close for week ending April 15th

FHA financing was used to close on 8 homes at median price $344,950 with 42 days average market time, last week 12 homes at median price $326,500 with 64 days average market time.

FHA 041523 — FHA financing used to close for week ending April 15th

VA financing was used to close on 4 homes this week at median price $404,820 with 21 days average market time, last week 8 homes at median price $444,995 with 101 days average market time.

VA 041523 — VA financing used to close for week ending April 15th

2,000 Square feet or more closed on 67 homes this week at median price $455,490 with 37 days average market time, last week 104 homes at median price $468,750 with 58 days average market time. Minimum price this week $325,000, last week $120,000.

2000 SF or more 041523 — 2000 SF or more for week ending April 15th

Conventional financing continues to be the type of financing most used.

Under contract this week

Homes that went under contract this week are up. 189 this week compared to 154 the previous week.

Aurora-26 Bolingbrook-12

Naperville-33 Oswego-14

Plainfield-31

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, 5 with 48 hours, and 2 with 24 hours.

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

Median price of homes that went under contract this week $415,000 with 33 average market time, last week median price $396,750 with 30 days average market time.

Under contract Stats 041523 — Under contract stats for week ending April 15th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 362 291 343

Totals 2030 1701 2328

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021.

Resources

Click on each bullet point that is underlined to take you to the site for the information.

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 April 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 18th

Posted on March 18, 2023March 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 18th

Fox Valley home prices March 18th. We are back to winter today with it only in the 20’s. Next week we will be back in the upper 40’s and lower 50’s.

New listings are down. 137 this week compared to 145 the previous week.

Closed listings are up. 137 this week compared to 118 the previous week.

Aurora-New 18 $130,000-$495,000

Closed-25 $154,900-$630,698

Bolingbrook-New 9 $325,000-$801,500

Closed-14 $255,000-$655,000

Naperville-New 26 $339,900-$2,395,000

Closed-24 $355,000-$1,350,000

Plainfield-New 24 $265,000-$795,000

Closed-15 $317,500-$875,000

St Charles-New 5 $579,000-$999,900

Closed-10 $260,000-$689,517

NEW LISTING PRICE 3 18 23 (2) — New listings for the week ending March 18th

CLOSED LISTING PRICE 3 18 23 (2) — Closed listings for the week ending March 18th

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

Median list price this week $399,900, last week $412,000

Closed median price this week $360,000, last week $347,500.

Stats 031823 — Stats for week ending March 18th

Conventional financing was used to close on 105 homes this week at median price $392,000 with 61 days average market time, last week 91 homes at median price $380,000 with 59 days average market time.

Conv 031823 — Conventional financing used to close for week ending March 18th

Cash was used to close on 15 homes this week at median price $280,000 with 41 days average market time, last week 14 homes at median price $377,500 with 49 days average market time.

Cash 031823 — Cash used to close for week ending March 18th

FHA financing was used to close on 13 homes this week at median price $265,000 with 48 days average market time, last week 11 homes at median price $226,500 with 52 days average market time.

FHA 031823 — FHA financing used to close for week ending March 18th

VA financing used to close on 4 homes this week at median price $437,500 with 35 days average market time, last week 3 homes at median price $447,500 with 17 days average market time.

VA 031823 — VA financing used to close for week ending March 18th

2,000 square feet or more closed on 79 homes this week at median price $476,500 with 64 days average market time, last week 67 homes at median price $447,500 with 65 days average market time. Minimum price this week $140,000, last week $220,000.

2000 SF or more 031823 — 2,000 SF or more closed for week ending March 18th

Conventional financing continues to be the financing choice to use to get your offer accepted.

Homes under contract this week

Home under contract this week are down. 153 this week compared to 172 the previous week

Aurora-15 Naperville-32

Oswego-12 Plainfield-33

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

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

seller accepted contingency — Seller accepted contracts with contingencies for week ending March 18th

Homes under contract this week had a median price $389,900 with 46 days average market time, last week median price $407,500 with 49 days average market time.

Under contract 031823 — Homes under contract for week ending March 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 282 255 325

Totals 1395 1107 1584

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021.

Resources

Click on each bullet point to take you to the site for the information.

Let us know if there is other information that you are looking for. We will be happy to point you in the right direction.

All data used is from our MLS, MRED, LLC. It changes continuously 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 March 18th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 18th

Posted on February 18, 2023February 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 18th

Fox Valley home prices February 18th. New listings, closed listings, median prices, financing used to close, under contract, 2023 by the month, and some great resources.

New listings this week are up. 169 this week compared to 106 the previous week.

Closed listings are slightly up. 88 this week compare to 80 the previous week.

Aurora-New 24 $149,900-$749,000

Closed-16 $130,000-$520,458

Bolingbrook-New 10 $265,000-$674,900

Closed-8 $227,000-$330,000

Naperville-New 30 $275,000-$12,750,000

Closed-10 $290,000-$3,075,000

Oswego-New 12 $324,500-$1,299,000

Closed-7 $211,700-$455,000

Plainfield-New 25 $279,000-$683,910

Closed-16 $216,000-$635,968

Click on the photo above to see other communities with activity this week.

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

Median list price this week $399,990, last week $399,949.

Closed median price this week $339,000, last week $346,250.

Stats 021823 — Stats for week ending February 18th

Conventional financing used to close on 61 homes this week at median price $355,000 with 65 days average market time, last week 55 homes at median price $345,500 with 48 days average market time.

Conv 021823 — Conventional financing used to close for week ending February 18th

Cash was used to close on 19 homes this week with a median price of $270,000 with 69 days average market time, last week 13 homes at median price $435,000 with 34 days average market time.

Cash 021823 — Cash used to close for week ending February 18th

FHA financing was used to close on 6 homes this week at median price $306,500 with 72 days average market time, last week 8 homes at median price $242,500 with 50 days average market time.

FHA 021823 — FHA financing used to close for the week ending February 18th

VA financing was used to close on 1 house this week $423,990 with 53 days average market time, last week 4 homes at median price $487,000 with 48 days average market time.

VA 021823 — VA financing used to close for week ending February 18th

2,000 square feet or more close on 51 homes this week at median price $450,000 with 63 days average market time, last week 40 homes at median price $475,000 with 55 days average market time. Minimum price this week $108,000, last week $190,100

2000 SF or more 021823 — 2,000 SF or more closed for week ending February 18th

Conventional financing continues to be the financing to chose.

Homes under contract this week

Homes that went under contract this week are consistent. 152 this week compared to 159 the previous week.

Aurora-21 Naperville-31

Oswego-14 Plainfield-20

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

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 48 hours and 2 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 5 with a kick-out clause of 48 hours and 2 with 24 hours.

Median price of homes that went under contract this week $391,950 with 54 days average market time, last week median price $369,900 with 58 days average market time.

Under Contract Stats 021823 — Under contract stats for week ending February 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 383 279 476

Totals 866 605 946

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also show you 2022 and 2021 so you can see how this year is going.

Resources

Click on each bullet point to take you to the information.

Check with your loan office to see what interest rate you will be offered. It depends on your credit score and other information they will provide to you.

All data provided today is from our MLS, MRED, LLC. It changes continuously 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 February 18th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 11th

Posted on February 11, 2023February 11, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 11th

Fox Valley home prices February 11th. It feels like Spring! It was 46° today and getting into the lower 50’s this next week.

New listings this week were consistent. 106 this week compared to 108 the previous week.

Closed listings were down this week. 80 this week compared to 111 the previous week.

Aurora-New $163,000-$550,000

Closed-11 $220,000-$965,000

Naperville-New 25 $299,000-$1,699,000

Closed-12 $325,000-$1,250,000

Oswego-New 10 $250,000-$676,000

Closed-3 $340,000-$450,000

Plainfield-New 13 $299,900-$1,095,000

Closed-8 $190,100-$627,256

Click on the photo above to see other communities that had activity this week.

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

Median list price this week $399,949, last week $385,000

Closed median price this week $346,250, last week $352,335

Stats 021123 — Stats for week ending February 11th

Conventional financing was used to close on 55 homes this week at median price $345,500 with 48 days average market time, last week 81 homes at median price $385,000 with 63 days average market time.

Conv 021123 — Conventional financing used to close for week ending February 11th

Cash was used to close on 13 homes this week at median price $435,000 with 34 days average market time, last week 11 homes at median price $190,000 with 58 days average market time.

Cash 021123 — Cash used to close for week ending February 11th

FHA financing was used to close on 8 homes this week at median price $242,500 with 50 days average market time, last week 13 homes at median price $295,000 with 64 days average market time.

FHA 021123 — FHA financing used to close for week ending February 11th

VA financing was used to close on 4 homes this week at median price $487,000 with 48 days average market time, last week 6 homes at median price $428,750 with 59 days average market time.

VA 021123 — VA financing used to close for week ending February 11th

2,000 Square feet or more closed on 40 homes this week at median price $475,000 with 55 days average market time, last week 67 homes at median price $421,250 with 70 days average market time. Minimum price this week $190,000, last week $152,000.

2000 SF or more 021123 — 2,000 SF or more closed for week ending February 11th

Homes under contract this week

Homes under contract this week are just slightly down. 159 this week compared to 165 the previous week.

Aurora-24 Geneva-13

Naperville-18 Oswego-11

Plainfield-23 St Charles-10

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

Median price of homes under contract this week $369,900 with 58 days average market time, last week median price $369,900 with 59 days average market time.

Under Contract 021123 — Median price of homes under contract for the week ending February 11th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 214 191 324

Totals 697 517 794

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you can see how this year is going.

Resources

Click on each of the bullet points to take you to the site for the information. If you are looking for other information let us know and we will point you in the right direction.

Ask your loan officer what rate you will be offered. It depends on your credit score and other things that they will explain to you.

All data provided today is downloaded 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 February 11th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 4th

Posted on February 4, 2023February 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 4th

Fox Valley home prices February 4th. We still have snow on the ground. Not too much. We should hover around 40° starting today and through this next week.

New listings this week are down. 108 this week compared to 127 the previous week.

Closed listings are down slightly. 111 this week compared to 98 the previous week.

Aurora-New 8 $179,900-$325,000

Closed-17 $175,000-$674,000

Bolingbrook-New 9 $239,900-$479,900

Closed-11 $185,000-$420,000

Naperville-New 15 $299,900-$875,000

Closed-13 $297,999-$830,000

Plainfield-New 18 $219,900-$825,000

Closed-16 $140,000-$670,000

Yorkville-New 5 $399,900-$565,000

Closed-11 $311,500-$569,000

Click on the photo above to see other communities with activity this week.

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

Median list price this week $385,000, last week $399,990. (I had to go back in and download this a couple hours later so by then there were 3 more new listings added for this week.)

Closed listings median price this week $352,335, last week $387,950.

Stats 020423 — Stats for week ending February 4th.

Conventional financing was used to close on 81 homes this week at median price $385,000 with 63 days average market time, last week 72 homes at median price $429,250 with 45 days average market time.

Conv 020423 — Conventional financing used to close for week ending February 4th.

Cash was used to close on 11 homes this week at median price $190,000 with 58 days average market time, last week 14 homes at median price $304,762 with 40 days average market time.

Cash 020423 — Cash used to close for week ending February 4th.

FHA financing used to close this week on 13 homes at median price $295,000 with 64 days average market time, last week 10 homes at median price $328,795 with 91 days average market time.

FHA 020423 — FHA financing used to close for week ending February 4th.

VA financing was used to close on 6 homes this week at median price $428,750 with 59 days average market time, last week 3 homes at median price $433,500 with 64 days average market time.

VA 020423 — VA financing used to close for week ending February 4th.

2,000 SF or more closed on 67 homes at median price $421,250 with 70 days average market time, last week 61 homes at median price $480,000 with 62 days average market time. Minimum price this week $152,000, last week median price $309,500.

2000 SF or more 020423 — Homes that were at least 2,000 SF or more closed for week ending February 4th.

Homes under contract this week

Under contract this week were slightly up. 165 this week compared to 158 the previous week.

Aurora-24 Bolingbrook-18

Naperville-24 Oswego-12

Plainfield-25 Yorkville-11

Click on the photo above to see other communities that had homes that went under contract this week.

3 short sales were accepted this week by seller’s. 1 each in Bolingbrook, Montgomery, and Somonauk. Now they will go to the lender to see if they will also accept.

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

Median price of homes that went under contract this week $369,900 with 59 days average market time, last week median price $387,450 with 68 hours average market time.

Under contract this week 020423 — Homes that went under contract for week ending February 4th.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 108 111 165

Totals 591 437 635

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also take a look back at 2022 and 2021 so you have something to compare this year to.

Resources

Click on each of the bullet points to take you to the site for the information. Let us know if you are looking for other information and we will point you in the right direction.

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things that they will explain to you. Get all your financial information to them as quickly as you can, so they can get started on the approval process You might have things you have to work on and now is the time to do that before you find a home. Once this process is over you can be confident on the price range you are looking in.

Contact us

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

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

Fox Valley home prices February 4th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 21st

Posted on January 21, 2023January 21, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 21st

Fox Valley home prices January 21st. It sure has been a mild winter so far. We might see some snow this next week.

New listings this week were slightly up. 134 this week compared to 114 the previous week.

Closed listings were slightly down. 69 this week compared to 89 the previous week.

These numbers are extremely low even for this time of year.

Aurora-New 17 $214,900-$595,000

Closed-12 $142,000-$535,000

Naperville-New 24 $295,000-$1,899,000

Closed-5 $336,000-$2,200,000

Plainfield-New 26 $299,900-$600,000

Closed-10 $270,000-$653,990

Yorkville-New 10 $177,000-$507,990

Closed-5 $275,000-$510,000

Click on the photo above to see the 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 $389,990, last week $414,900.

Closed median price this week $335,000, last week $ 399,000.

Stats 012123 — Stats for week ending January 21st

Conventional financing used to close on 48 homes at median price $346,265 with 51 days average market time, last week 66 homes at median price $445,000 with 44 days average market time.

FHA 012123 — Conventional financing used to close for week ending January 21st

Cash was used to close on 10 homes this week at median price $309,000 with 40 days average market time, last week 8 homes at median price $387,500 with 27 days average market time.

Cash 012123 — Cash used to close for week ending January 21st

FHA financing was used to close on 9 homes this week at median price $269,900 with 39 days average market time, last week 12 homes at median price $301,200 with 55 days average market time.

VA financing was used to close on 1 home this week $450,000 with 76 days average market time, last week 2 homes at median price $349,495 with 80 days average market time.

VA 012123 — VA financing used to close for week ending January 21st

2,000 SF or more closed on 34 homes this week with a median price $470,500 with 41 days average market time, last week 57 homes at median price $517,000 with 55 days average market time. Minimum price this week $286,000, last week $279,000.

2000 SF or more 012123 — 2,000 SF or more homes closed for week ending January 21st

Conventional financing continues to be the financing that gets accepted and closed.

Homes under contract this week

Homes that went under contract this week are slightly up. 122 this week compared to 114 the previous week.

Aurora-21 Bolingbrook-10

Naperville-22 St Charles-14

1 short sales went under contract this week. It was in Montgomery. Now it will be submitted to the lender to see if they will also accept.

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

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

Median price of homes that went under contract this week $379,900 with 64 days average market time, last week $349,950 with 67 days average market time.

Under contract stats 012123 — Median price of homes under contract for week ending January 21st

2023 by the month

Month New Closed Under contract

January 356 228 312

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare to.

Resources

Click on each bullet point to take you to the site for the information.

Types of loans and the process
VA loans and the requirements
Current interest rates
Down payment assistance
IHDA programs
Request home valuation
Sign-up for email alerts
Search for homes

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that they will explain to you. The better your credit score, the better the interest rate you will be offered. They can also help you bring up your score if you need to.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day as REALTORS® upload their information.

Contact us

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

Fox Valley home prices January 21st. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley residential market January 14th

Posted on January 14, 2023January 14, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley residential market January 14th

Fox Valley residential market January 14th. I hope you are enjoying this mild January weather. I know I am.

New residential listings are slightly up. 114 this week compared to 108 the previous week.

Closed residential listing are also slightly up. 89 this week compared to 70 the previous week.

Aurora-New 14 $90,000-$529,198

Closed-14 $160,000-$490,000

Naperville-New 18 $350,000-$3,500,000

Closed-16 $405,000-$885,000

Plainfield-New 18 $265,000-$659,999

Closed-19 $225,150-$653,400

St Charles-New 13 $253,850-$750,000

Closed-6 $515,000-$1,055,000

Click on the photo above to see other communities that had activity this week.

If you would like me to give you the statistics for the community you are looking in, just let me know. We can scale all the way down to the neighborhood.

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

Median list price this week $414,900, last week $399,900.

Closed median price this week $399,000, last week $368,000

Stats for week ending January 14th

Conventional financing was used to close on 66 homes at median price $445,000 with 44 days average market time, last week 54 homes at median price $372,500 with 52 days average market time.

Conventional financing used to close for week ending January 14th

Cash was used to close on 8 homes this week at median price $387,500 with 27 days average market time, last week also 8 homes at median price $435,500 with 42 days average market time.

Cash used to close for week ending January 14th

FHA financing was used to close on 12 homes this week at median price $301,200 with 55 days average market time, last week 5 homes at median price $255,000 with 57 days average market time.

FHA financing used to close for week ending January 14th.

VA financing was used to close on 2 homes this week at median price $349,495 with 80 days average market time, last week also 2 homes at median price $395,445 with 11 days average market time.

VA financing was used to close for week ending January 14th.

2,000 square feet or more closed on 57 homes at median price $517,000 with 55 days average market time, last week 38 homes at median price $447,500 with 57 days average market time. Minimum price this week $279,000, last week $258,500.

2,000 SF or more closed for week ending January 14th.

Conventional financing continues to be the most used way to close on a home.

Slightly more than half of the homes sold this week are at least 2,000 SF or more.

Contracts accepted this week

Contracts accepted this week by seller’s is up this week. 114 this week compared to 76 the previous week.

Aurora-10 Naperville-16

Plainfield-23

Seller’s in other communities accepted contracts this week. Click on the photo to see more. We just highlighted the ones with the most activity.

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

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

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

Median price of homes that went under contract this week $349,950 with 67 days average market time, last week the median price was $349,750 with 75 days average market time.

Median price under contract for week ending January 14th

2023 by the month

Month New Closed Contract accepted

January 222 159 190

Check back with us every Saturday for the residential real estate market update. At the end of each month we will also take a look back at 2022 and 2021 so you can compare.

Resources

Click on all the bullet points that are bold and underlined to take you to the site for the information.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

We can recommend real estate attorney’s, home inspector’s, termite inspectors, and places that do radon tests. Some home inspectors also do them.

All data provided today is downloaded from our MLS, MRED, LLC. The data changes throughout the day as Realtors® upload their information.

Contact us

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

Fox Valley residential market January 14th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 7th

Posted on January 7, 2023January 7, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 7th

Fox Valley home prices January 7th. First week of the new year.

New listings this week were more than doubled. 108 this week compared to 44 the previous week.

Closed listings were down. 70 this week compared to 128 the previous week.

Aurora-New 12 $187,000-$734,900

Closed-14 $169,500-$625,000

Naperville-New 18 $390,000-$1,095,000

Closed-13 $330,000-$820,000

Plainfield-New 12 $239,900-$571,000

Closed-6 $260,000-$603,440

Yorkville-New 16 $335,000-$469,990

Closed-1 $3

75,000

Click on the photo above to see other communities that had activity this week. We are just highlighting the ones with the most activity.

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

Median list price this week $399,900, last week $350,000.

Closed median price this week $368,000, last week $368,750.

Stats 010723 — Stats for week ending January 7th

Conventional financing was used to close on 54 homes this week at median price $372,500 with 52 days average market time, last week 85 homes at median price $379,990 with 58 days average market time.

Conv 010723 — Conventional financing used to close for week ending January 7th

Cash was used to close on 8 homes this week at median price $435,500 with 42 days average market time, last week 21 homes at median price $467,500 with 65 days average market time.

Cash 010723 — Cash used to close for week ending January 7th

FHA financing was used to close on 5 homes this week at median price $255,000 with 57 days average market time, last week 15 homes at median price $311,000 with 24 days average market time.

FHA 010723 — FHA financing used to close for week ending January 7th

VA financing was used to close on 2 homes at median price $395,445 with 11 days average market time, last week 6 homes at median price $467,000 with 57 days average market time.

VA 010723 — VA financing used to close for week ending January 7th

2,000 square feet or more closed on 38 homes this week at median price $447,500 with 57 days average market time, last week 68 homes at median price $447,170 with 73 days average market time. Minimum price this week $258,500, last week $240,000.

Residential homes that went under contract this week

Residential homes under contract this week were up. 76 this week compared to 51 the previous week.

Aurora-15 Naperville-11

Click on the photo to see other communities with activity this week.

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

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

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

Median price under contract this week $349,750 with 75 days average market time, last week the median price $385,000 with 62 days average market time.

Contingent Stats 010723 — Median price of homes under contract for week ending January 7th

2023 by the month

Month New Closed Contract accepted

January 108 70 76

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022, and 2021 so you can compare.

Resources

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

Check with your loan officer to see what interest rate you will be offered. It depends on the credit score and other things that your loan officer will explain to you.

All data provided to day is from our MLS, MRED, LLC. The data changes continuously throughout the day as agent upload their information.

Contact us

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

Fox Valley home prices January 7th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 31st

Posted on January 1, 2023January 1, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 31st

Fox Valley home prices December 31st. Happy New Year’s Eve! If a home is in your plans for 2023, we would love to help you.

The holidays have really slowed things down. We hope it will start picking up soon in the new year.

We will show you how many new listings, closed, under contract, median prices, financing used, and 2022 by the month and also show you activity in 2021 and 2020 so you can see how this year compared.

New listings this week were down. 44 this week compared to 45 the previous week. Consistent, but way down.

Closed listings this week were also down. 128 this week compared to 135 the previous week.

Aurora-New 10 $168,900-$364,900

Closed-23 $103,100-$625,000

Naperville-New 1 $1,375,000

Closed-17 $349,000-$800,000

Plainfield-New 5 $239,900-$489,809

Closed-23 $213,000-$603,175

Click on the photo above to see other communities with activity this week.

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

Median list price this week $350,000, last week $359,945.

Closed median price this week $368,750, last week $346,000.

Stats 123122 — Stats for week ending December 31st

Conventional financing was used to close on 85 homes this week at median price $379,990 with 58 days average market time, last week 90 homes at median price $365,000 with 45 days average market time.

Conv 123122 — Conventional financing used to close for week ending December 31st

Cash was used to close on 21 homes this week at median price $467,500 with 65 days average market time, last week 22 homes at median price $265,000 with 63 days average market time.

Cash 123122 — Cash used to close for week ending December 31st

FHA financing was used to close on 15 homes this week at median price $311,000 with 24 average market time, last week 16 homes at median price $318,000 with 32 days average market time.

FHA 123122 — FHA financing used to close for week ending December 31st

VA financing was used to close on 6 homes at median price $467,000 with 57 days average market time, last week also 6 homes at median price $319,950 with 38 days average market time.

VA 123122 — VA financing used to close for week ending December 31st

2,000 square feet or more closed on 68 homes at median price $447,170 with 73 days average market time, last week 77 homes at median price $430,000 with 48 days average market time. Minimum price this week $240,000, last week $275,000.

2000 SF or more 123122 — 2,000 SF or more closed for week ending December 31st

Contracts accepted this week

Contracts accepted by seller’s this week are down. 51 this week compared to 88 the previous week.

Plainfield had 7 and Aurora, Batavia, and Bolingbrook had 6.

No short sales were accepted this week.

No contracts were accepted with contingencies on a home close or a home sale and closing this week.

Median price of homes that went under contract this week $385,000 with 62 average market time, last week the median price $349,000 with 48 days average market time.

Contingent Stats 123122 — Median price of homes under contract for week ending December 31st

2022 by the month and a look back at 2021 and 2020

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 257 524 322

Totals 9477 9883 9871

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

December 349 1044 652

Totals 10572 12919 13553

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

December 513 971 783

Totals 12343 11869 14146

From 2020 to 2022 look at the difference in the amount of new listings.

Resources

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

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

If you are thinking about buying a home this year you will want to get the process started to get your loan approved so you know that no issues will come up at the last minute. You will be in a better position to get your offer excepted. This is not just talking to a loan officer over the phone. This is getting all your information to them.

All data used was downloaded yesterday from our MLS, MRED, LLC. I didn’t get the chance to finish this until today.

Contact us

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

Fox Valley home prices December 31st. Happy New Year!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101