Market update Fox Valley week 36

Market update Fox Valley week 36         Market update Fox Valley week 36.  New listings of single family homes are up this week.  255 this week compared to 241 the week before.  Great news!  Any increase is very welcome.

Closed listings of single family homes were also up this week.  357 this week compared to 325 the week before.  Some of these were on the 31st of August and we are including them in this first week of September.  Most buyers do not want to close in the beginning of the month because they need to bring a whole month of interest along with other closing costs to the closing.  Some of these closings are getting pushed to the next week because of the loan not processing in time.  There is a lot of activity along with a lot of homeowners refinancing because the rates are so fantastic right now.

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

Aurora-New 24 $115,000-$465,000

            Closed-46 $105,000-$480,000

Batavia-New 12 $210,000-$609,900

             Closed-9 $212,000-$638,449

Bolingbrook-New 14 $174,900-$475,000

                     Closed-23 $185,000-$410,000

Geneva-New 11 $250,000-$675,000

             Closed-16 $238,000-$1,350,000

Montgomery-New 3 $225,000-$239,000

                      Closed-15 $177,000-$325,000

Naperville-New 55 $270,000-$1,975,000

                 Closed-60 $270,000-$1,000,000

North Aurora-New 4 $194,000-$369,000

                       Closed-12 $236,000-$445,500

Oswego-New 11 $215,000-$345,900

              Closed-13 $185,000-$380,000

Plainfield-New 32 $230,000-$648,731

                Closed-40 $150,000-$581,000

St Charles/Campton Hills-

                New 23 $185,000-$1,250,000

                Closed-36 $142,500-$1,057,000

Sycamore-New 5 $119,000-$535,000

                 Closed-10 $95,707-$485,000

West Chicago-New 5 $197,000-$278,000

                       Closed-18 $135,000-$535,000

Yorkville-New 14 $89,900-$465,000

              Closed-9 $150,000-$365,000

Are you looking for a community that consistently has high turnover or maybe a smaller community that there is rarely a home available.

Contracts accepted this week

Market update Fox Valley week 36-Contracts accepted this week

 

 

 

 

 

 

 

 

Contracts accepted this week were slightly lower.  334 this week compared to 345 the week before.  There were more contracts accepted this week than new listings.  We continue to have low inventory.  This is a fantastic time to sell with little competition.

Look at the communities that sellers accepted the most contracts:

Aurora-50                             Bolingbrook-25

Geneva-16                            Montgomery-10

Naperville-53                        Oswego-20

Plainfield-47                         St Charles/Campton Hills-22

Sycamore-14                        Yorkville-10

4 short sales were accepted this week by sellers.  1 each in Naperville, Plano, West Chicago & Yorkville.  Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the buyer closing on their current home.  10 with a kick-out of 72 hours, 19 with 48 hours and 1 with 24 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home.  8 with a kick-out of 72 hours and 5 with 48 hours.

2020 by the month

Month                     New     Closed     Contracts accepted

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              255        357              334

Totals                   9499      7651         10336

July is the best month so far this year.  You need to mainly focus on the Closed column.  New listings can be misleading.  Sometimes the same listing comes up as new after a period of time if it does not sell right away.  Contracts accepted do not always close.  Sometimes they do not make it past the home inspection and attorney review period so they might go back on the market and then get another contract.  We can check on that for you.

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 so we can let you know what your home is worth in today’s market.  We will provide you with a net proceeds that shows you the expenses to sell so you will know where you are at and what you have to work with.  This will be updated when an offer comes in and we know all the terms.

Are you thinking about buying a home?  You will need to talk to a loan officer first to get pre-qualified so you know what type of loan and what price range will work out best for you.  Seller’s want to know that we are showing their home to someone that qualifies for their home.

Check out some great resources:

Whether you want to buy your first home, down size or buy something larger to accommodate your needs we will guide you through the process.  If you need recommendations for loan officers, real estate attorneys or home inspector we will give you a few names and phone numbers to contact to see who you would like to work with.

Market update Fox Valley week 36.  Have a great week!

Market update Fox Valley week 36Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101 

 

Market update Fox Valley February 1 2020

Market update Fox Valley February 1 2020
Single Family Homes

Market update Fox Valley February 1 2020.  New listings of single family homes this week were slightly down.  246 this week compared to 256 the week before.  Only 10 listings off.  That is not too bad.

Closed listing of single family homes was up this week.  125 this week compared to 107 the week before. Not too bad for January.  The weather has been mild both in December and January.  That really makes a difference.  We hope the mild winter will continue.

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

Aurora-New 30 $114,500-$499,500

            Closed-17 $65,000-$337,650

Batavia-New 12 $275,000-$735,000

             Closed-3 $265,000-$484,000

Bolingbrook-New 11 $194,900-$449,900

                    Closed-7 $212,800-$425,000

Geneva-New 10 $279,000-$595,000

             Closed-5 $227,000-$872,000

Montgomery-New 17 $194,500-$319,900

                     Closed-5 $142,999-$305,000

Naperville-New 44 $257,500-$3,300,000

                 Closed-16 $265,000-$730,000

Oswego-New 13 $170,000-$565,000

             Closed-5 $240,000-$325,000

Plainfield-New 38 $200,000-$895,600

                Closed-23 $201,000-$512,500

St Charles/Campton Hills-

               New 19 $339,000-$1,999,995

               Closed-7 $195,000-$550,000

Yorkville-New 7 $237,990-$500,000

              Closed-11 $165,000-$424,900

Contracts accepted this week

Market update Fox Valley February 1 2020-Contracts accepted this week
Single Family Homes

Contracts accepted by sellers this week were very consistent with last week.  208 this week compared to 210 the week before.   We love consistency!  We are looking to February to continue with this trend before we really start heating up with Spring market.  This really is a great time whether you are a buyer or seller to find a home or to sell one.  There is not as much competition right now as there will be starting in March.

Look at the communities that sellers accepted the most contracts:

Aurora-35                                 Bolingbrook-18

Naperville-31                            Plainfield-26

St Charles/Campton Hills-12    West Chicago-10

Yorkville-13

There were 6 short sales accepted this week on single family homes.  3 in Plainfield and 1 each in Aurora, Batavia and Bolingbrook.  Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours,4 with 48 hours and 1 with 24 hours.

Also Sellers accepted contracts that are contingent on the buyer selling and closing on their home. 1 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

2020 by the month

Month                    New        Closed      Contracts accepted

January               1105           566                 858

Compare to 2019

January                 858           407                 608

We are ahead of last year for new, closed and contracts accepted.  For New listings we are ahead almost 28.8%, Closed up 39% and Contracts accepted we are up 41%.  Some people are saying we are already in Spring market. I think March we will be up even more.  Check back with us and see.

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 working on your home to get it ready for market let us know so we can give you an idea of the best things you need to work on.  We will update the value on your home in today’s market.  Provide you with a net proceeds so you have an idea of expenses to sell.  We will update this when an offer comes in so you can make a good decision.

Thinking about buying this year?  You need to call a loan officer to get pre-qualified to see what type of loan and what price range will work out best for you.  If you need recommendations we will be happy to provide you with a few to contact to see who you would like to work with.  Get your information together and keep it in a folder so it is easy to find just in case they ask you for it again later.

Check out some great resources:

Let us know what other information you are looking for.  We will point you in the right direction.

Market update Fox Valley February 1 2020.  Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox  Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

besthomesfv@gmail.com

Sign-up free for a different way to search for a home.  You can change to satellite view and it also has a chat feature.

       

Fox Valley Market Update June 15 2019

Fox Valley Market Update June 15 2019

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

2019 new listings of single family homes by the month:

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

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

Closing by the month for 2019:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Contracts accepted this week

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

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

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

Aurora-46                            Bolingbrook-22                                   Geneva-15

Naperville-48                       North Aurora-10                                 Oswego-18

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

Contracts accepted by the month for 2019:

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

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

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

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

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

Contact us

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

Check out these resources:

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

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

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

Fox Valley Market Update May 11 2019

Fox Valley Market Update May 11 2019

Fox Valley market update May 11 2019.  New single family homes listed this week are very consistent.  402 this week compared to 403 the week before.,  You can’t get more consistent than that! Spring market continues to be strong.

Year to date by the month of new listings of single family homes:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-805

Closed listings of single family homes this week were lower than last week.  212 this week compared to 301 the week before.  We are in the beginning of the month so this is to be expected.  Closed listings will increase as we head to the end of the month.

Year to date by the month of closed listings of single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-513

Take a look at the activity this week:

Aurora-New 48 $121,900-$995,000                                                Closed-36 $59,500-$433,000

Batavia-New 10 $229,000-$529,000                                               Closed-5 $165,000-$575,000

Bolingbrook-New 38 $137,900-$599,900                                        Closed-14 $136,500-$401,000

Geneva-New 23 $190,500-$1,299,000                                            Closed-3 $220,000-$320,000

Montgomery-New 25 $157,000-$320,400                                       Closed-5 $220,000-$297,000

Naperville-New 90 $244,000-$2,995,000                                        Closed-41 $130,000-$960,000

Oswego-New 19 $174,000-$549,900                                              Closed-13 $180,000-$416,903

Plainfield-New $40 $151,000-$549,900                                          Closed-27 $150,000-$727,000

Plano-New 10 $155,000-$316,000                                                  Closed-4 $68,700-$244,000

St Charles/Campton Hills-New 35 $199,000-$1,349,000                Closed-16 $167,000-$772,000

West Chicago-New 10 $224,900-$400,000                                      Closed-6 $110,000-$540,000

Yorkville-New 13 $239,000-$364,900                                              Closed-6 $209,500-$335,000

Contract accepted this week

Fox Valley Market Update May 11 2019-Contracts accepted this week

Contracts accepted this week were slightly off of the week before. 302 this week compared to 338 the week before.   It was another rainy week.  I don’t know if that contributed to it but we are tired of the rain.  Next week it looks like only Wednesday will be raining,  It is a good time to look at homes when it is raining though to see if there are any leaks or water in basements.  So rain sometimes is a good time to look at homes.

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

Aurora-35                                 Batavia-17                         Bolingbrook-23                          Geneva-12

Montgomery-12                        Naperville-48                      Oswego-23                                 Plainfield-33

St Charles/ Campton Hills-31   Yorkville-10

Year to date by the month of contracts accepted:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-640

Short sales accepted are staying consistent.  4 this week compared to 3 the week before.  Now they will be submitted to the lender to see if they will also accept as written.  1 each in Bolingbrook, Geneva, St Charles/Campton Hills and West Chicago.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

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

Contact us

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

Information to check out:

Now is a great time to sell or purchase a home.  Many lenders are coming up with new loan programs and they also help out with down payment so it is good to check with them.  They also help you with bringing up your credit score so you can hopefully get a better interest rate.  Let us know what questions you have.

Fox Valley market update May 11 2019.  Have a great week!

Kristine Heiman-Mananging Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out this search tool.  If you click on the satellite view you can see where a home for sale is within a neighborhood,  if it has a backyard or is fenced in.  You can also see what else is for sale and the prices.  Let us know how you like it. 

 

Fox Valley Market Update May 4 2019

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019.  New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before.  We love a consistent market!  If you can’t find a home in the community you are currently looking in with the price range you need.  Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-403

Closed listings this week were way up.  301 this week compared to 208 the week before.  Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days.  Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900                                                     Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000                                                   Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000                                            Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900                                                    Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900                                           Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000                                            Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900                                                  Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900                                                Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000                    Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800                                          Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000                                                  Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000                                                  Closed-12 $187,000-$392,000

Contracts accepted this week

Fox Valley Market Update May 4 2019-Contracts accepted this week

Contracts accepted by Sellers was up slightly this week.  338 this week compared to 311 the week before.  We have had nothing but rain. It has not kept the Buyers away though.  They know that they better look now or they will miss out on a property.  You can’t sit back and wait for a better time.

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

Aurora-45                                Bolingbrook-20                                 Geneva-12                              Montgomery-10

Naperville-58                           North Aurora-14                                Oswego-20                             Plainfield-46

St Charles/Campton Hills-17   Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-338

So far this year March has been the best month over all.  May is looking like the month to pass up March. We are off to a great start this month.  Don’t sit back and wait.  It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before.   3 both weeks.  Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

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

Contact us to update the market value on your home.  We will provide you with a net proceeds that gives you and estimate of expenses to sell.  We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might want to try this tool  and see if you like it better for your search.  You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood. 

Fox Valley Market Update-April 27 2019

Fox Valley Market Update-April 27 2019

Fox Valley market update-April 27 2019.  New listings of single family homes are up this week!  405 this week compared to 341 the week before.  Great news for buyers that are having a hard time finding just the right home in the right location. There is more to choose from.  If you are having a hard time finding a home in a certain location let us know. We will see what we can do.

Look at the activity so far for this year for New listings of home:

  • January-878
  • February-1,032
  • March-1,731
  • April so far-1,594

There is only 3 days left of the month so I do not think we will catch up to March totals.

Closed listings this week were exactly the same as the week before.  208 this week and also the week before.  Monday and Tuesday will be busy with closings so that will bring up the total for the first week in May.

Closed listings for the year so far:

  • January-407
  • February-465
  • March-915
  • April so far-790

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

Aurora-New 46 $119,900-$1,250,000                                    Closed-28 $75,000-$414,000

Batavia-New 16 $239,900-$579,900                                      Closed-3 $214,000-$522,000

Bolingbrook-New 28 $173,900-$785,000                              Closed-23 $129,150-$340,000

Geneva-New 17 $229,900-$995,000                                      Closed-12 $196,000-$545,000

Naperville-New 93 $259,900-$2,299,000                               Closed-28 $300,000-$851,000

North Aurora-New 12 $184,900-$464,774                            Closed-4 $215,000-$328,000

Oswego-New 25 $187,900-$749,000                                     Closed-11 $154,000-$437,900

Plainfield-New 44 $155,000-$1,300,000                                Closed-25 $170,000-$399,000

St Charles/Campton Hills-New 32 $225,000-$899,900          Closed-13 $204,900-$755,000

Sycamore-New 11 $145,000-$499,900                                  Closed-7 $40,000-$339,900

Yorkville-New 18 $160,000-$455,000                                    Closed-11 $215,000-$499,990

Contracts Accepted this Week

Fox Valley Market Update-April 27 2019-Contracts Accepted this Week

Contracts accepted this week were down.  311 this week compared to 341 the week before.

Sellers accepted the most contracts in these communities this week:

Aurora-34                                 Batavia-11                             Bolingbrook-19                       Geneva-13

Montgomery-12                        Naperville-47                         Oswego-25                               Plainfield-36

St Charles/Campton Hills-28     West Chicago-10                   Yorkville-10

Look at the year so far:

  • January-608
  • February-832
  • March-1,375
  • April so far-1,307

It looks like March is the best month so far this year in the Fox Valley area.

Short sales this week were also down.  3 this week compared to 7 the week before.  There was 1 each in Aurora, Bolingbrook and Plainfield accepted this week.  Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  5 with a kick-out clause o f72 hours, 18 with 48 hours and 5 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  1 with a kick-out clause of 72 hours and 2 with 24 hours.

Contact us

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

If you are thinking about selling this year right now is the best time to sell. Don’t miss out on Spring market.

Are you thinking about purchasing?  Your first step is to contact a loan officer to get pre-qualified so you know what type of loan and price range will work out best for you.

Resources to check out:

Fox Valley market update-April 27 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

Try out a different way to search for a home that lets you see where in the neighborhood the home is situated.  Does it have a back yard?  Is there anything else in the neighborhood for sale?  What are the prices.

Fox Valley Market Update-April 20 2019

Fox Valley Market Update-April 20 2019

Fox Valley market update-April 20 2019.  New listings of single family homes this week were way down.  341 this week compared to 433 the week before.  This is most likely due the the holiday.  They might want to wait for showings to start after the holiday because of going out of town or company coming into town.

New listings by the month so far:

  • January-878
  • February-1,032
  • March-1,731
  • April so far-1,189

Closings were slightly up this week. 208 this week compared to 174 the week before.  We are getting closer to the end of the month so these numbers will rise as we head closer to the end of the month.

Closings by the month so far:

  • January-407
  • February-465
  • March-915
  • April so far-582

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

Aurora-New 48 $65,700-$609,600                                        Closed-35 $100,000-$395,000

Bolingbrook-New 27 $154,000-$389,900                             Closed-12 $147,000-$365,000

Geneva-New 11 $185,000-$750,000                                    Closed-8 $255,000-$459,000

Naperville-New 55 $232,500-$1,999,000                             Closed-44 $245,000-$1,080,000

Oswego-New 22 $190,000-$429,900                                   Closed-14 $190,000-$381,000

Plainfield-New 46 $159,900-$997,000                                 Closed-24 $132,500-$480,000

St Charles/Campton Hills-New 34 $189,000-$899,900        Closed-14 $151,000-$520,000

West Chicago-New 12 $200,000-$514,999                          Closed-6 $235,000-$500,000

Yorkville-New 14 $210,000-$524,750                                  Closed-6 $214,900-$373,900

Contracts Accepted this Week

Fox Valley Market Update-April 20 219-Contracts Accepted this Week

Contracts accepted this week were very consistent.  341 this week compared to 346 the week before.  That is good news!

Contracts accepted so far by the month:

  • January-608
  • February-832
  • March-1,375
  • April so far-996

Fox Valley market is steadily improving.  It is still a great time to get your home on the market!

Take a look at the communities that Sellers accepted the most contracts:

Aurora-36                                        Bolingbrook-25                                       Geneva-19

Montgomery-16                              Naperville-73                                           Oswego-20

Plainfield-41                                   St Charles/Campton Hills-27                   Yorkville-11

Short sales accepted by Sellers was slightly up this week.  7 this week compared to 5 last week. We are happy to see this numbers remain low.  This week there were 3 accepted in Naperville, 2 in Aurora and 1 each in Bolingbrook and Sheridan.

Contracts were also accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing.  7 with a kick-out clause of 72 hours, 14 with 48 hours and 4 with 24 hours.

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

Contact us

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

Your first step if you are thinking about purchasing is to get in touch with a loan officer to get pre-qualified.  They will let you know what price range you should stay in and what type of loan will work out best for you. If you have not considered buying a home because the rules have been too strict for your situation it is worth your time to call to see.  New loans with assistance and no documentation loans are now available.  Do you need a recommendation for a loan officer to contact?  Just let us know and we will make some recommendations.

If this is the year you are thinking about selling now is the best time of the year to sell.  We will update your market value and provide you with a net proceeds that shows an estimate of expenses so you know where you are at.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Resources to check out:

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

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A new search tool that you should take a look at.  I like this one because you can see a bird’s eye view and see if the home has a backyard, on a corner lot or what else is for sale in the neighborhood and the prices.

 

 

                             

 

Market Update Fox Valley-April 6 2019

Market Update Fox Valley-April 6 2019

Market update Fox Valley-April 6 2019.  The market continues to improve.  New listing this week were up.  415 new single family homes listed compared to 351 last week.  As you can see, if you are looking for a home above $200,000 you have a better chance of finding something that fits your needs.  If you are below that you have to look a little harder or expand the communities that you are looking in.

So far this year the new listing have continued to increase:

  • January-878
  • February-1,032
  • March-1,731
  • April- so far 415

Closed listings this week were consistent with the week before.  202 this week compared to 200 the week before.  Usually the first week of the month are lower.  Most buyers want to close at the end of the month.

So far this year the closing have also increased:

  • January-407
  • February-465
  • March-915
  • April- so far 200

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

Aurora-New 53 $129,900-$609,900                                     Closed-36 $50,000-$625,000

Batavia-New 11 $249,900-$650,000                                    Closed-7 $245,000-$427,500

Bolingbrook-New 24 $199,500-$539,900                            Closed-16 $165,000-$375,000

Geneva-New 23 $199,900-$1,250,000                                Closed-4 $196,500-$321,000

Montgomery-New 11 $173,000-$299,000                           Closed-10 $164,000-$279,500

Naperville-New 87 $255,000-$1,850,000                            Closed-31 $260,000-$781,000

North Aurora-New 10 $239,000-$350,000                         Closed-3 $270,000-$415,000

Oswego-New 27 $220,000-$540,000                                  Closed-11 $187,000-$375,000

Plainfield-New 48 $148,000-$730,000                                Closed-23 $149,000-$495,000

St Charles/Campton HIlls-New 30 $174,900-$1,075,000    Closed-16 $67,500-$614,900

West Chicago-New 11 $99,900-$665,000                            Closed-6 $220,000-$442,000

Winfield-New 13 $264,900-$855,000                                  Closed-2 $254,000-$520,000

Yorkville-New 14 $189,900-$660,000                                  Closed-6 $212,000-$352,500

Contracts Accepted this Week

Market Update Fox Valley-April 6 2019-Contracts Accepted this week

Contracts accepted this week were slightly higher this week.  309 this week compared to 297 the week before.  With more homes coming on the market these numbers should steadily increase as the month continues.

Accepted contracts so far this year:

  • January-608
  • February-832
  • March-1,375
  • April so far 309

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

Aurora-48                          Bolingbrook-18                               Geneva-12                               Montgomery-18

Naperville-54                     Oswego-21                                      Plainfield-35                            St Charles/Campton Hills-30

Short sales accepted this week by Sellers was slightly up this week.  5 this week compared to 3 the week before.  These numbers are still very low.  That is a good thing.  There was 1 each in Montgomery, Naperville, Oswego, Plano & St Charles/Campton Hills.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours and 11 with 48 hours.

Contracts were also accepted by Sellers that the Buyer still needs to sell their current home and close before purchasing.  3 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104,  Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling or buying a home.  We will explain the process so you know what to expect. Give recommendations of loan officers, real estate attorneys, home inspectors to contact that we have successfully worked with.

Resources to check out:

Market update Fox Valley-April 6 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

 Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for homes.

 

Market Update Fox Valley-March 30 2019

Market Update Fox Valley-March 30 2019

Market update Fox Valley-March 30 2019.  New listings of homes this week were consistent with last week. 351 this week compared to 359 the week before.  March was very consistent throughout the month.  You should be able to click on the picture above to make it bigger.  If you would like me to email it to you let us know.

New listings so far this year:

  • January-878
  • February-1,032
  • March-1,731

There is 1 more day this month but it is a Sunday so we will add it in to next weeks totals.  You can see it was a steady increase from January- March.

Closed listings of homes increased this week.  Most Buyers like to close at the end of the month so that was expected.

Closed homes so far this year:

  • January-407
  • February-465
  • March-915

Look at the increase of closings in March!  More than doubled from January and almost doubled from February.   We are on the road to a good Spring market!  Now is the time to sell if you want to make a move this year.

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

Aurora-New 33 $127,900-$624,900                                     Closed-36 $130,000-$463,000

Batavia-New 9 $195,000-$490,000                                      Closed-11 $150,000-$471,400

Bolingbrook-New 26 $174,000-$599,999                            Closed-16 $157,100-$405,000

Geneva-New 23 $200,000-$959,000                                   Closed-8 $160,000-$618,500

Montgomery-New 20 $174,900-$336,900                          Closed-10 $140,000-$312,900

Naperville-New 63 $249,900-$1,500,000                           Closed-41 $255,000-$834,056

Oswego-New 24 $184,900-$1,550,000                              Closed-9  $182,400-$343,900

Plainfield-New 39 $149,000-$1,995,000                            Closed-22 $206,500-$550,000

St Charles/Campton Hills-New 33 $264,900-$2,495,000   Closed-11 $232,000-$627,240

Yorkville-New 28 $150,000-$549,000                                 Closed-11 $225,800-$345,900

Contracts Accepted this Week

Market Update Fox Valley-March 30 2019-Contracts Accepted this Week

Contracts accepted this week were consistent with last week.  297 this week compared to 304 last week.    So far this year:

  • January-608
  • February-832
  • March-1,375

March was more than double January totals.  We will see if April is double February totals.

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

Aurora-43                                Bolingbrook-23                               Geneva-14                                Montgomery-16

Naperville-49                           Oswego-12                                      Plainfield-36                             St Charles/Campton Hills-20

West Chicago-12                     Yorkville-11

Short sales accepted were also consistent with last week. 3 this week compared to 4 the week before.  1 each in Aurora, Bolingbrook & Plainfield.

Sellers accepted contracts that are contingent on the closing of the Buyers current home.  3 with a kick-out Clause of 72 hours, 9 with 48 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours, 6 with 48 hours and 2 with 24 hours.

Contact us

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

We can update the value on your home in the current market.  Provide you with a net proceeds that shows you the expenses to sell.  We will update this when an offer comes in and we know all the terms.

If you are thinking about buying a home you need to get pre-qualified with a loan officer first.  They will give you a letter that will go with an offer when we find you a home.  It states what you qualify for and what type of loan you will be going for.

Things to check out:

Market update Fox Valley-March 30 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St 

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another Search tool – You can see a bird eye view to see where a home is within the block and what is for sale around it. Let us know which one you like better.

Market Update Fox Valley-March 23 2019

Market Update Fox Valley-March 23 2019

Market update Fox Valley-March 23 2019.  New listings of homes this week were consistent with last week.  359 this week compared to 350 last week.

New listings so far this year:

  • January-878
  • February-1,032
  • March so far 1,380

We still have 8 days left of the month.  You can see how things are progressing.  Spring is here and the weather is starting to improve.  If you want to sell this year now is the time to do it.

Closed listings of homes this week were slightly up.  175 this week compared to 166 last week.  These numbers will increase next week because it is the last full week of the month.  That is when most Buyers want to close.

Closing so far this year:

  • January-407
  • February-465
  • March so far-715

The numbers for March might double February totals.

Take a look at the activity this week:

Aurora-New 40 $100,000-$498,000                                      Closed-25 $125,000-$572,000

Batavia-New 13 $172,500-$585,000                                     Closed-3 $112,000-$455,000

Bolingbrook-New 24 $225,000-$475,000                             Closed-17 $152,500-$442,000

Elburn-New 10 $267,900-$995,000                                      Closed-3 $282,000-$450,000

Geneva-New 14 $294,900-$975,000                                     Closed-11 $190,000-$1,000,000

Montgomery-New 17 $145,000-$314,900                            Closed-10 $129,000-$269,900

Naperville-New 80 $250,000-$1,590,000                             Closed-23 $270,000-$1,450,000

Oswego-New 18 $180,000-$539,000                                    Closed-7 $258,000-$473,404

Plainfield-New 38 $179,900-$699,990                                  Closed-26 $165,000-$890,000

St Charles/Campton Hills-New 34 $174,900-$1,995,000      Closed-9 $200,000-$441,000

West Chicago-New 11 $188,000-$479,900                           Closed-5 $155,000-$331,000

Yorkville-New 14 $224,900-$1,049,900                                Closed-9 $200,000-$455,000

Contracts Accepted this Week

Market Update Fox Valley-March 23 2019-Contracts Accepted this Week

Contracts accepted this week were up.  304 this week compared to 283 last week.  These numbers will continue to go up if the inventory of homes continues to go up.

Take a look at the numbers so far this year:

  • January-608
  • February-832
  • March so far-1,078

The numbers are steadily rising.

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

Aurora-50                        Bolingbrook-25                         Geneva-10                           Naperville-52                     Oswego-19

Plainfield-44                    St Charles/Campton Hills-20     West Chicago-13                  Yorkville-13

Short Sales this week were half of what they were the week before.  4 this week compared to 9 the week before.  There were 2 in Aurora and 1 each in Plainfield and Sandwich.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  6 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

Contact us

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

Let us update the value of your home in the current market and provide you with an estimate of net proceeds that shows you the expenses to sell.  We will update this when an offer comes in and we know all the terms.

If you are thinking about purchasing a home your first step is to call a loan officer to get pre-qualified.  If you need recommendations we can provide you with some.

Resources to check out:

Market update Fox Valley-March 23 2019. Have a great week!  Let us know what questions we can answer for you.

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A different way to search for a home.  Check it out here