Fox Valley home prices November 4th

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Fox Valley home prices November 4th.  Fall weather continues.  It should be in the mid 50’s for the next couple of weeks.

New listings are down.  132 this week compared to 155 the previous week.

Closed listings are up.  187 this week compared to 149 the previous week.

Fox Valley home prices November 4th

Aurora-New 16 $165,000-$599,999

             Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

                   Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

               Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

                  Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

                  Closed-10 $231,000-$749,900

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

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

Median list price this week $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423
Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423
Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423
Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423
FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423
VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time.  Minimum price this week $280,000, last week $189,900.  Condition and features is the difference in price.

2000 SF or more 110423
2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this weekAurora-22                        Bolingbrook-10

Naperville-23                  Plainfield-21

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.  3 with a kick-out clause of 72 hours and 4 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 3 with 48 hours.

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423
Median price of homes under contract for week ending November 4th

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            684        621          623

October                 639        568         549

November              132        187          136

Totals                   7232     6798         7510

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 2022 and 2021 so you have something to compared to.

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 programs they offer and if you can combine some programs.

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 November 4th.  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 May 6th

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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.

Fox Valley home prices May 6th

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.

Fox Valley home prices May 6th-Under contract this week

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 22nd

Best Homes Fox Valley Home Prices Header

Fox Valley home prices April 22nd.  We have a freeze warning tonight and we have had quite a few bad storms lately.  Next week it should be in the 50 and 60’s.  Hopefully the temps will even out soon.

New listings this week are down.  183 this week compared to 220 the previous week.

Closed listings are up.  132 this week compared to 108 the previous week.

Fox Valley home prices April 22nd

Aurora-New 22 $200,000-$675,900

             Closed-16 $179,000-$550,000

Bolingbrook-New 19 $225,000-$799,000

                      Closed-7 $200,000-$464,444

Geneva-New 16 $259,900-$1,429,900

               Closed-5 $350,000-$755,000

Naperville-New 30 $300,000-$2,340,000

                    Closed-22 $320,000-1,575,000

Plainfield-New 24 $298,500-$724,900

                  Closed-24 $250,000-$580,000

Click on the photo above to see 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 $399,000, last week $442,500.

Closed median price this week $372,500, last week $400,500.

Stats 042223
Stats for week ending April 22nd

Conventional financing was used to close on 99 homes at median price $384,765 with 44 days average market time, last week 83 homes at median price $410,000 with 45 days average market time.

Conv 042223
Conventional financing used to close for week ending April 22nd

Cash was used to close on 16 homes this week at median price $390,000 with 58 days average market time, last week 14 homes at median price $337,500 with 14 days average market time.

Cash 042223
Cash used to close for week ending April 22nd

FHA financing used to close on 10 homes at median price $226,000 with 58 days average market time, last week 8 homes at median price $344,950 with 42 days average market time.

FHA 042223
FHA financing used to close for week ending April 22nd

VA financing used to close on 5 homes this week at median price $410,000 with 76 days average market time, last week 4 homes at median price $404,820 with 21 days average market time.

VA 042223
VA financing used to close for week ending April 22nd

2,000 square feet or more closed on 65 homes at median price $470,000 with 62 days average market time, last week  67 homes at median price $455,490 with 37 days average market time.  Minimum price this week $200,000, last week $325,000.

2000 SF or more 042223
2,000 SF or more for week ending April 22nd

75% of homes closed this week used Conventional financing.

Under contract this week

Under contract this week are up.  218 this week compared to 189 the previous week.

Fox Valley home prices April 22nd-Under contract this week

Aurora-30                      Bolingbrook-17

Geneva-17                      Naperville-35

Oswego-10                     Plainfield-30

St Charles-13                  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.  2 with a kick-out clause of 72 hours, 4 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.  2 with a kick-out clause of 72 hours, 1 with 48 hours, and 1 with 24 hours.

Under contract median price this week $425,000 with 29 days average market time, last week median price $415,000 with 33 days average market time.

Under contract stats 042223
Under contract for week ending April 22nd

2023 by the month

Month                New   Closed   Under Contract

January               483        326           470

February             630        526           789

March                  555        558           726

April                    545        423           561

Totals                 2213       1833        2546

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 it to.

Resources

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

All data 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 22nd.  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 1st

Best Homes Fox Valley Home Prices Header

Fox Valley home prices April 1st.  We had crazy winds and 65° last night and today it is cold and going down to 27°.  Welcome to Spring!

New listings this week were consistent.  139 this week compared to 134 the previous week.

Closed listings were up.  172 this week compared to 131 the previous week.

Fox Valley home prices April 1st

Aurora-New 28 $175,000-$490,000

            Closed-16 $152,000-$661,004

Bolingbrook-New 10 $264,900-$700,000

                      Closed-16 $171,799-$596,000

Montgomery-New 1 $239,900

                       Closed-11 $220,000-$379,900

Naperville-New 23 $365,000-$2,990,000

                  Closed-22 $335,000-$1,614,800

Oswego-New 7 $299,900-$1,395,000

              Closed-16 $245,000-$1,600,000

Plainfield-New 25 $240,000-$649,900

                 Closed-31 $270,000-$650,000

new listing price 4 1 23
New listings for week ending April 1st
closed listing price 4 1 23
Closed listings for week ending April 1st

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

Median list price this week $395,000, last week $420,000.

Closed median price this week $391,950, last week $405,000.

Stats 040123
Stats for week ending April 1st

Conventional financing was used to close on 116 homes this week at median price $412,495 with 49 days average market time, last week 90 homes at median price $417,500 with 50 days average market time.

Conv 040123
Conventional financing used to close for week ending April 1st

Cash was used to close on 25 homes this week at median price $366,000 with 37 days average market time, last week 23 homes at median price $399,990 with 56 days average market time.

Cash 040123
Cash used to close for week ending April 1st

FHA financing was used to close on 27 homes this week at median price $320,000 with 38 days average market time, last week 11 homes at median price $325,000 with 46 days average market time.

FHA 040123
FHA financing used to close for week ending April 1st

VA financing was used to close on 3 homes this week at median price $400,000 with 102 average market time, last week 6 homes with median price $378,000 with 49 days average market time.

VA 040123
VA financing used to close for week ending April 1st

2,000 square feet or more closed on 99 homes at median price $462,000 with 58 days average market time, last week 69 homes at median price $470,000 with 58 days average market time.  Minimum price this week $270,000, last week $195,000.

2000 SF or more 040123
2,000 SF or more closed for week ending April 1st

About 67% of homes closed this week used Conventional financing and about 57% were 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent.  204 this week compared to 197 the previous week.

Fox Valley home prices April 1st-Under contract this week

Aurora-35                         Batavia-10

Bolingbrook-23                Naperville-28

Oswego-16                       Plainfield-27

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 and 3 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 o 48 hours.

Median prices of homes that went under contract this week $410,000 with 45 days average market time, last week median price $400,000 with 60 days average market time.

Under contract 040123
Homes that went under contract for week ending April 1st

2023 by the month and a look back at 2022 and 2021

2023

Month                 New   Closed   Under contract

January                483        326            470

February              630        526            789

March                   555        558            726

Totals                  1668       1410          1985

2022

January                 422        492           623

February               523        520           724

March                    734        904          890

Totals                   1679       1916         2237

2021

January                 543        649           829

February               561         604           778

March                   993        1099         1455

Totals                 2097        2352         3062

New listings continue to decrease.

Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois.

Resources

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

All data is provided by our MLS, MRED, LLC.  The data changes throughout the day.

Contact us

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

Fox Valley home prices April 1st.  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 29th

Best Homes Fox Valley Home Prices Header

Fox Valley home prices October 29th.  It is the end of the month so we will show you 2022, 2021, and 2020 so you can see how this year is going.  We will also show you the communities with the most activity this week, median prices, financing used to close, and contracts accepted this week.

New Listings this week were down.  152 this week compared to 174 the previous week.

Closed listings this week were also down.  144 this week compared to 154 the previous week.

Fox Valley home prices October 29th  

Aurora-New 24 $140,000-$630,269

             Closed-20 $185,000-$800,000

Bolingbrook-New 9 $239,900-$649,900

                      Closed-11 $185,000-$481,000

Montgomery-New 5 $200,000-$344,900

                       Closed-10 $219,900-$415,000

Naperville-New 24 $379,000-$1,250,000

                   Closed-22 $305,250-$1,290,000

Plainfield-New 24 $245,000-$584,740

                 Closed-22 $206,000-$615,740

St Charles-New 10 $234,900-$1,325,000

                  Closed-13 $298,900-$815,000

Yorkville-New 11 $278,000-$535,000

                Closed-2 $260,000-$396,125

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

Median list price this week $389,999, last week $375,950

Closed median price this week $375,000, last week $338,000.

Stats 102922
Stats for week ending October 29th

Conventional financing was used to close on 89 homes this week at median price $400,000 with 37 days average market time, last week 107 homes at median price $350,000 with 33 days average market time.

Conv 102922
Conventional financing used to close for week ending October 29th

Cash was used to close on 24 homes this week at median price $390,000 with 24 days average market time, last week also 24 homes at median price $370,000 with 35 days average market time.

Cash 102922
Cash used to close for week ending October 29th

FHA financing was used to close on 19 homes at median price $298,900 with 38 days average market time, last week 16 homes at median price $272,290 with 24 days average market time.

FHA 102922
FHA financing used to close for week ending October 29th

VA financing was used to close on 9 homes this week at median price $375,000 with 15 days average market time, last week 8 homes at median price $287,000 with 23 days average market time.

VA 102922
VA financing used to close for week ending October 29th

2,000 Square feet or more closed on 88 homes at median price $464,994 with 35 days average market time, last week 75 homes at median price $435,000 with 34 days average market time.  Minimum price this week $200,000, last week $230,000.

2000 Sf or more 102922
2,000 SF or more closed for week ending October 29th

Contracts accepted this week

Contracts accepted this week are consistent.  156 this week compared to 160 the previous week.

Fox Valley home prices October 29th-Contracts accepted this week

Aurora-23                            Bolingbrook-16

Naperville-19                       Oswego-10

Plainfield-22

3 short sales were accepted by seller’s this week.  1 each in Lake Holiday, Montgomery, and Plainfield.  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, 2 with 48 hours, and also 2 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, 3 with 48 hours, and 3 with 24 hours.

Median price of homes that went under contract this week $369,450 with 45 days average market time, last week median price $352,500 with 39 days average market time.

Contingent Stats 102922
Contingent stats for week ending October 29th

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

Totals                    8646         8595        8925

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

Totals                   9666        11021           11970

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

Totals                   11263          9913         12664

2021 was the best for closed homes.  You can see how tight this year has been with new listings.

Check back with us every Saturday for the real estate market update.  At the end of each month we take a look back at 2021 and 2020.

Resources

Click on everything that is bold and underlined to take you to the information.  If there is something we do not have listed that you are looking for just let us know.  We would be happy to  point you in the right direction.

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

You can also connect with us onFacebook.  You will also be able to search for homes there by clicking on the “shop now” button anytime you like.

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

Contact us

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

Fox Valley home prices October 29th.  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

Kriss Picture 012819 3 Thumb nail

Fox Valley home prices November 27 2021

Fox Valley home prices November 27 2021

Fox Valley home prices November 27 2021.  New listings of single family homes are drastically down.  82 this week compared to 153 the previous week.

Closed listings of single family homes are also down.  158 this week compared to 260 the previous week.

It was a short week with the Thanksgiving holiday.  Last year with the pandemic no one could get together, and this year with vaccinations more people could get together with family and friends.

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

Aurora-New 14 $145,999-$515,000

            Closed-16 $86,500-$423,600

Bolingbrook-New 6 $299,900-$450,000

                   Closed-18 $220,000-$520,000

Naperville-New 10 $329,000-$735,000

                 Closed-28 $221,000-$1,240,000

Plainfield-New 9 $199,900-$539,705

                Closed-18 $255,000-$542,149

St Charles-New 4 $285,000-$879,000

                  Closed-11 $300,000-$2,295,000

You can click on the image above to look at activity in other communities.  You might find something that fits your needs.

Financing used, median prices and 2,000 or more square feet

Median list price this week $359,450, last week $359,000.

Closed median price this week $359,950, last week $367,944.

Stats November 27 2021
Stats this week

Conventional financing closed this week with 110 at median price of $373,250, last week 185 at median price of $390,990.

Cash closed this week with a median price 23 at $315,000, last week 26 at $286,945.

Conventional and Cash November 27 2021
Conventional and Cash

FHA Closed this week 18 at median price of $288,500, last week 36 at $286,945.

VA closed this week 6 at median price $438,500, last week 11 at $374,900.

FHA and VA November 27 2021
FHA and VA

2,000 or more square feet closed this week 89 at median price $450,000, last week 158 at $435,000.  Minimum price this week $260,000, last week $255,000. This gives you an idea of pricing if you are wanting to increase square feet either more bedrooms, room for an office or extra space here in the Fox Valley.

2000 or more SF November 27 2021
2,000 or more Square Feet

Contracts accepted this week

Contracts accepted this week on single family homes was down.  191 this week compared to 235 the previous week.  That is not too bad with this short holiday week.

Fox Valley home prices November 27 2021-Contracts accepted this week

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

Aurora-26                       Bolingbrook-18

Montgomery-15               Naperville-29

Plainfield-20                   St Charles-11

3 short sales were accepted by seller’s this week.  2 in Oswego and 1 in Minooka.  Now they will get submitted to the lender to see fi 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, 4 with 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.  2 with a kick-out clause of 48 hours.

2021 by the month and a look back at 2020 and 2019

2021

Month       New    Closed  Contracts accepted

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

Totals    10223     11875    12901

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

Totals   11830      10898    13363

2019

January      878             407           568

February   1032             463           832

March        1731             915         1375

April          1594            792           1307

May           1645           995           1280

June          1643          1253            1218

July           1423          1008            1090

August      1585          1330            1196

September1164             765             869

October    1041             738             776

November  897             946             839

Totals  14633        9612      11350

This year had the best sold homes with the least amount of new listings.  That is the column that is most important.  June was the best month over all this year. 

Most years it is the Spring months that see the most new listings.  The economist’s keep saying we will see more of the same next year.  We will have to wait and see if the Infrastructure bill that was past has an effect on the new listings.  There might be more movement where the projects are.  Some states have shovel-ready projects.

You can see how the new listings decreased every year since 2019.  That is the reason for the price increases.  Until we see enough homes on the market to satisfy buyer demand prices will continue to rise.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goals.

Thinking about moving anytime soon?  Request a home valuation and give us some details about your home and what has recently been updated.  We will provide you with a net proceeds that shows an estimate of expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying, you will need to plan ahead  It might take some time to find a home.  You will need to get all your financial information together and get it to a loan officer so they can pre approve you.  They will provide you with a letter that shows what type of financing and how much you qualify for. This will go with an offer when we find you a home and you want to make an offer.

Resources:

Check with your loan officer for the current rates they offer with your credit score.  They might also offer some assistance.

If you need recommendations for a loan officer, real estate attorney or home inspector we can give you a few to contact so you can decide who you want to work with.

All data provided is from our MLS MRED, LLC.

Fox Valley home prices November 27 2021.  Have a great week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 20 2021

Fox Valley home prices November 20 2021
Activity this week

Fox Valley home prices November 20 2021.  New listings of single family homes were up.  153 this week compared to 139 the previous week.  There are ups and downs throughout the year, but there is activity every week.  Some months are slower, but there is always a need to sell for many different reasons.  If you are still waiting for a home to come up that is right for you be patient.

Closed listings of single family homes was also up.  260 this week compared to 206 the previous week.  It can be tricky trying to close before and after a holiday.  The next couple of weeks some closings might be shuffled around because of scheduling issues.

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

Aurora-New 23 $115,000-$498,900

            Closed-41 $88,900-$530,000

Bolingbrook-New 13 $210,000-$490,000

                    Closed-20 $220,000-$520,000

Montgomery-New 8 $179,900-$350,000

                     Closed-12 $175,000-$405,000

Naperville-New 20 $349,900-$4,700,000

                  Closed-42 $262,500-$1,659,205

Oswego-New 6 $120,000-$795,000

              Closed-16 $219,000-$510,000

Plainfield-New 21 $249,900-$564,900

                Closed-30 $220,000-$715,000

St Charles-New 8 $305,000-$695,000

                  Closed-21 $140,000-$1,099,000

Yorkville-New 8 $240,000-$450,000

               Closed-15 $215,000-$563,950

Financing used, median prices and 2,000 or more square feet

Median list price this week $359,000, last week $340,000

Closed listings had a median price of $367,944, last week $338,749.

Stats November 20 2021
Stats this week

Conventional financing was the most used this week.  185 at median price of $390,990, last week 140 at median price of $363,500.

Cash deals closed this week with 26 at median price of $377,000, last week 29 at median price of $345,000.

Conventional and Cash November 20 2021
Conventional and Cash

FHA deals closed this week with 36 at median price of $286,945, last week 31 at median price of $273,000.

VA deals closed this week with 11 at median price of $374,900, last week 5 at median price of $285,000

FHA and VA November 20 2021
FHA and VA

2,000 or more square feet closed this week with 158 at a median price of $435,000, last week 107 with a median price of $430,000.  Minimum closed price this week $255,000, last week $139,000.  This give you an idea of prices in the Fox Valley area if you are looking for more square footage.

2000 or more SF November 20 2021
2,000 or more square feet

Contracts accepted this week

"Fox

Accepted contracts this week in the Fox Valley area of single family homes was up.  235 this week compared to 227 the previous week.  New listings were way down last week so this is good news.  Homes that might of been overlooked received contracts.

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

Aurora-33                      Batavia-12

Bolingbrook-22               Geneva-10

Naperville-33                 Plainfield-28

St Charles-15                 Sycamore-11

West Chicago-10            Yorkville-13

No short sales were accepted by seller’s this week.  That does not mean that they are not out there, but most homes have appreciated enough that they do not have to sell short.

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

2021 by the month

Month      New     Closed   Contracts accepted

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

September1083            1411                   1251

October      715             973                    930 

November   475             696                    740   

Totals   10141      11717          12710

June was the best month for all three.  Sales tend to slow down the last 2 months of the year.  We are already ahead of January and February with closed homes and we have a little more than a week to go.

New listings have slowed down.  Buyers are still out there waiting for more homes to come on the market.  Prices have slowed some buyers down, but there are still buyers out there ready to buy even though prices have increased.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Thinking about selling your home?  Request a home valuation and give us some information about your home and what has been updated recently.  Roof, siding, wiring, plumbing, furnace, Air conditioning, interior paint, remodeled kitchen or baths.  Any additions or professional landscaping.  Did you get permits?  We will provide you with a net proceeds that shows you an estimate of expenses to sell so you will have an idea where you are at.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying a home you will need to get pre approved with a loan officer.  Get all your financial information together and submit them to a loan officer so they can get you pre approved.  They will give you a letter showing what type of loan and how much you qualify for.  We will submit this with an offer when you find a home so you can show the seller that you do qualify for their home.

Resources:

Check with your loan officer for the current rates that you qualify for with your credit score.  They also might offer some assistance so it is always good to have that conversation with them.

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few for you to contact and you decide who you would like to work with.

All data provided is from our MLS MRED, LLC.

Fox Valley home prices November 20 2021.  Have a great week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 6 2021

Fox Valley home prices November 6 2021

Fox Valley home prices November 6 2021.  New listings of single family homes are up.  183 this week compared to 152 the week before.  This will help but it is still extremely low.

Closed listings of single family homes are down.  230 this week compared to 292 the week before.  That is still not bad for the beginning of the month.  Most buyers want to close at the end of the month.

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

Aurora-New 19 $95,000-$425,000

             Closed-50 $115,000-$721,000

Batavia-New 10 $205,000-$429,900

             Closed-7 $315,000-$630,512

Bolingbrook-New 20 $190,000-$455,535

                    Closed-11 $247,000-$495,000

Geneva-New 6 $439,900-$875,000

             Closed-10 $220,000-$704,838

Montgomery-New 8 $239,000-$375,000

                     Closed-10 $193,000$328,000

Naperville-New 25 $339,000-$1,300,000

                  Closed-28 $252,000-$900,000

Oswego-New 16 $255,000-$1,075,000

             Closed-12 $250,000-$480,000

Plainfield-New 20 $275,000-$550,000

                 Closed-36 $210,000-$627,000

St Charles-New 14 $269,900-$1,695,000

                  Closed-10 $211,000-$865,000

Yorkville-New 8 $214,900-$479,900

               Closed-17 $230,000-$593,000

You should be able to click on the picture above to enlarge it to see the rest of the communities.  This gives you and idea of the prices in each community.  If you want to see everything that is listed and available let us know which communities you are looking at and what price range.  We can get you set up to receive listings as they come on the market.

Financing used, median prices and 2000 or more square feet

Median list price of single family homes this week $350,000, last week $339,000.  

Closed median prices of single family homes this week $350,000, last week $340,000.

Stats November 6 2021

Conventional financing on closed single family homes this week 149 at median price of $$370,000, last week 212 with median price of $365,000.

Cash closed this week 22 with median price of $290,000, last week 34 with median price of $327,450. 

Conventional and Cash November 6 2021
Conventional and Cash

FHA financing closed this week 48 with median price $305,000, last week 34 with median price $285,800.

VA financing closed this week 11 with median price $371,000, last week 10 with median price $319,500.

FHA and VA financing November 6 2021
FHA and VA financing

2,000 square feet or more closed this week 129 with median price $402,890, last week 167 with median price $416,500.  Minimum closed price this week $240,000, last week $209,100.  This gives you an idea of prices if you are looking for more square feet.

2000 or more SF November 6 2021
2,000 square feet or more

We are still seeing Conventional financing is the most used or accepted by the seller.  More FHA are starting to get through.

Contracts accepted this week

Fox Valley home prices November 6 2021-Contracts accepted this week

Contracts accepted this week are up.  278 this week compared to 218 the week before.

Look at the communities seller’s accepted the most contracts:

Aurora-38                       Bolingbrook-25

Geneva-11                        Montgomery-12

Naperville-37                  Oswego-14

Plainfield-42                    Sugar Grove-17

Yorkville-10

1 short sale was accepted by a seller this week.  It was in Bolingbrook.  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 and 11 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 and 48 hours.

Median price for  homes that received a contract this week  $327,450 with an average market time of 36 days.

Contingent days on market November 6 2021

2021 by the month

Month        New     Closed     Contracts accepted

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         183           230                    278

Totals        9849     11251          12248

October numbers are in between February and March numbers. April closed was the only month that was lower. The 7 months in between is where most of the activity happened.

Now that infrastructure has passed will we see more people moving for jobs?

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you are thinking about selling it is still a good time to sell.  Buyers are still out there looking, and with inventory down you will not have as much competition.  Request a home valuation and we will give you and estimate of what your home is worth in today’s market.  We will provide you with a net proceeds that shows you and estimate of expenses.  This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home?  You will need to get all your financial information together and get it to a loan officer.   Just calling up and giving your information is not good enough anymore.  You need to get pre approved so you can show the seller, when you do find a home, that you do qualify.  The loan officer will provide you with a letter that shows what you are pre approved for.  This will go with the offer. 

Resources

Check with your loan officer for the current rates that you qualify for.  Your credit will determine the rate you are offered.  If you need to improve your credit ask the loan officer what will help the most for you.

We will guide you throughout the process.  If you need recommendations for loan officers, real estate attorney or home inspectors we will provide you with a few of each and you can decide who you would like to work with.

All data is from our MLS MRED, LLC.

Fox Valley home prices November 6 2021.  Have a great week!  Let us know if you have any questions.

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 30 2021

Fox Valley home price October 30 2021

Fox Valley home prices October 30 2021.  New listings of single family homes are down.  152 this week compared to 187 the week before.  This is so extremely low.

Closed listings of single family homes are up.  292 this week compared to 245 the week before.  This is the last full week of the month so it is expected to be higher.

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

Aurora-New 19 $135,000-$875,000

            Closed-40 $134,900-$690,000

Bolingbrook-New 5 $215,000-$345,000

                    Closed-18 $209,000-$486,500

Geneva-New 6 $264,900-$555,000

             Closed-10 $225,000-$675,000

Montgomery-New 8 $189,900-$310,000

                     Closed-12 $165,000-$360,000

Naperville-New 20 $194,500-$1,199,900

                 Closed-45 $278,000-$2,050,000

Oswego-New 10 $230,000-$425,000

              Closed-24 $249,000-$730,000

Plainfield-New 16 $269,900-$565,000

                Closed-38 $263,000-$875,000

St Charles-New 13 $179,900-$895,000

                  Closed-21 $99,900-$1,025,958

West Chicago-New 7 $259,900-$515,000

                       Closed-12 $210,000-$565,000

Yorkville-New 6 $319,900-$554,900

               Closed-17 $195,000-$565,000

It is normal for things to slow down after school starts and into the holiday months.   Homes do go on the market all year though. 

Buyers that had a hard time getting their offer accepted during the months of multiple offers, are still trying to find a home.

Financing used, median prices and 2,000 square feet or more

Median list price this week $339,000, last week $349,000.  Median closed price this week 292 at $340,000, last week 245 at $341,500.  We are keeping an eye on this to look for significant changes. 

 

Fox Valley home prices October 30 2021-Stats
Stats this week

Financing became a bigger deal earlier this year when we started receiving multiple offers.  When you are a seller looking at multiple offers you want to choose the offer that is most likely to go through with the least possible issues. 

FHA used to be very popular. Loan officers more likely than not used to do a pre qualification for a FHA loan.  We had to get them to change that, and start doing Conventional financing, because that is what most seller’s were accepting.

Conventional Closed this week 212 with a median price $365,000, last week 168 at $371,829.

Cash closed this week 34 with a median price of #327,450, last week 41 at $278,000.

Fox Valley home prices October 30 2021-Conventional and Cash
Conventional and Cash

FHA closed this week 34 with a median price of $285,800, last week 41 at $278,000.

VA closed this week 10 with median price of $319,500, last week 8 at $381,000

Fox Valley home prices October 30 2021-FHA and VA
FHA and VA

Buyer’s with the pandemic have been looking for larger homes.  More bedrooms, family room, home offices and larger yards.  We decided to add 2,000 or more square feet to show how many homes sold in this category and what the prices are.

2,000 or more square feet closed this week 167 at a median price of $416,500, last week 134 at $414,000.  Minimum price closed this week at $209,100, last week $291,000.  This gives you an idea of what buyer’s are paying for more square footage here in the Fox Valley.

 

Fox Valley home prices October 30 2021-2000 or more SF
2000 or more square feet

Contracts accepted this week

Contracts accepted this week are down.  218 this week compared to 223 the week before.  Inventory is down so this is to be expected.  That is still more than the new listings last week.

Fox Valley home prices-Contracts accepted this week

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

Aurora-37                     Bolingbrook-15

Montgomery-10             Naperville-37

Plainfield-30                 St Charles-10

Yorkville-11

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

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

2021 by the month in the Fox Valley and a look back at 2020 and 2019

2021

Month        New     Closed     Contracts accepted

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

Totals       9666      11021        11970

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

Totals      11263       9913         12664  

2019

January           878            407                  568

February        1032            463                  832

March            1731             915                 1375

April              1594             792                1307

May               1645             995                1280

June              1643           1253                 1218

July               1423           1008                 1090

August           1585           1330                 1196

September     1164             765                  869

October         1041             738                  776

Totals      13736       8666         10511

Even with the least new listings 2021 saw the most closed homes in the last 3 years.

Look at the difference in 2019 with new listings to closed homes. 5070  more new listings than closed.  We saw it tighten up in 2020.  1,350 more new listings than closed homes.  In 2021 it flipped.  1,355 more homes closed than new listings.  They were carried over from 2020.

You can see why prices have increased with this tight of a market.  Some of those new listings were relisted as new even though they were not new.  If you just look at the closed column we increased each year. 

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Request a home valuation if you are thinking about selling your home.  Give us some details about your home and what has been recently updated.

Are you thinking about buying a home?  You will need to get all your fianancial information together and get it to a loan officer to get you pre approved.  Then you will be ready to go and start looking.

Resources

Check with your loan officer for current rates and find out what rate you might get based on your credit report.  You might need some time to improve your credit to get a better rate.

If you need recommendations for loan officer, real estate attorney or home inspectors we can provide a few of each for you to contact and decide who you would like to work with.

All data used was from our MLS MRED, LLC.

Fox Valley home prices October 30 2021.  Have a fantastic week!  Let us know how we can help you.

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

 

 

 

 

 

 

Fox Valley home prices

Fox Valley home prices-Cover

Fox Valley home prices. New listings of single family home were up.  187 this week compared to 171 the week before.  Good news, but not nearly enough.  Prices will keep increasing until we get enough inventory of homes to meet the demand. School starting always slows things down, but buyers are still looking.

Closed listings of single family homes was also up this week.  245 this week compared to 208 the week before.  Next week is the last full week of the month so it should increase.

Fox Valley home prices

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

Aurora-New 25 $139,900-$439,900

            Closed-33 $90,000-$470,000

Bolingbrook-New 18 $190,000-$485,000

                    Closed-14 $250,000-$502,000 

Geneva-New 6 $270,000-$699,000

             Closed-12 $187,500-$795,000

Montgomery-New 9 $179,900-$369,900

                     Closed-20 $178,000-$385,000

Naperville-New 34 $325,000-$1,549,900

                 Closed-36 $267,400-$1,300,000

Plainfield-New 22 $245,000-$515,000

                Closed-33 $239,900-$540,000

St Charles-New 10 $185,000-$1,100,000

                  Closed-16 $215,000-$1,339,000

Yorkville-New 9 $247,500-$426,186

               Closed-14 $255,000-$465,000

You can click on the picture above and look at the other communities listed to see the price ranges better.  You might need to adjust what community you are looking in to find your price range that works out best for you.

Financing, median prices and homes that sold 2,000 square feet or more

Median list price this week was $349,000 last week $350,000. Closed median price was $341,500 this week, and $341,000 the week before.  These prices are not fluctuating much from week to week.

Fox Valley home prices-Stats

Financing really came into play this year.  Multiple offer situations changed the game.  You needed to be already through the approval process and seller’s chose Cash, of course, first if the price was right and next they chose Conventional financing.    It is still their choice today.  Take a look.

Conventional financing closed this week 168 with median price of $371,829, last week 131 at $376,077.

Cash closed this week 27 at median price of $343,900, last week also 27 at$324,900

Fox Valley home prices-Conventional and Cash
Conventional and Cash

FHA closed this week 41 at median price of $278,000, last week 35 at median price of $282,000.

VA closed this week 8 at median price of $381,000, last week 15 at $349,000.

Fox Valley home prices-FHA and VA
FHA and VA

Some people are moving up to a larger home that has more bedrooms, family room, basement or room for an office so we decided to add this into the stats.

Single family homes closed with 2,000 square feet or more this week 134 at a median price of $414,000, last week 123 at $409,000.  Minimum price closed this week at $291,000, last week at $205,000.  This gives you an idea of prices in our area for that size home.

Fox Valley home prices-2000 or more SF
2,000 Square Feet or more

Contracts accepted this week

Contracts accepted this week by seller’s was down.  223 this week compared to 233 the week before.

Fox Valley home prices-Contracts accepted this week

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

Aurora-29                        Bolingbrook-24

Naperville-33                   Oswego-13

Plainfield-27                    St Charles-18

Click on the photo to enlarge so you can see other communities.

3 short sales were accepted by seller’s on single family homes. 1 each in Aurora, Plainfield and Sycamore.  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. 4 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 also 1 with 24 hours.

2021 by the month

Month        New     Closed     Contracts accepted

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          563              681                   712

Totals       9514      10729          11752

Check back with us every Saturday for the 2021 by the month and at the end of each month we look back at 2020 and 2019 so you can compare and see how the market is going this year.

Every month except April more homes closed than new listings coming on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Request a home valuation if you think you might want to sell your home.  Let us know a little bit about your home and what has recently been updated and we will let you know what it is worth in today’s market.  We will provide you with a net proceeds that shows you the expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Thinking about buying a home?  Gather all your financial information and get it to a loan officer so they can get you pre approved.  Then you will be ready to start looking.  You will need to be flexible and go when a home hits the market.  It will be gone if you wait until the weekend unless it needs work or over priced.

Resources:

Check with your lender for their current rates.  Your credit score will determine the rate you receive.

If you need recommendations for loan officer, real estate attorney or home inspector we can give you a few to contact and you can choose who you want to work with.

All data used is from our MLS MRED, LLC.

Fox Valley home prices.  Have a great week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman Designated Managing Broker