Fox Valley home prices July 15th

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

Fox Valley home prices July 15th

Fox Valley home prices July 15th. We have finally gotten some much needed rain. The grass is green again.

New listings this week are slightly up. 206 this week compared to 175 the previous week.

Closed listings are consistent. 180 this week compared to 173 the previous week.

Aurora-New 28 $179,900-$835,000

Closed-29 $165,000-$850,000

Batavia-New 10 $165,000-$750,000

Closed-5 $350,000-$740,000

Bolingbrook-New 14 $269,900-$829,900

Closed-14 $250,000-$910,000

Naperville-New 40 $294,900-$5,595,000

Closed-40 $395,000-$1,900,000

Oswego-New 12 $299,000-$489,000

Closed-4 $380,000-$490,000

Plainfield-New 25 $220,000-$959,900

Closed-23 $264,900-$970,000

St Charles-New 10 $355,000-$2,990,000

Closed-16 $250,000-$890,000

Check out the other communities that had activity this week in the photo above.

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

Median list price this week $441,250, last week $423,384.

Closed median price this week $450,000, last week $420,000.

Stats 071523 — Stats for week ending July 15th

Conventional financing was used to close on 129 homes this week at median price $487,500 with 26 days average market time, last week 137 homes at median price $445,000 with 29 days average market time.

Conv 071523 — Conventional financing used to close for week ending July 15th

Cash was used to close on 28 homes this week at median price $457,500 with 29 days average market time, last week 19 homes at median price $442,000 with 12 days average market time.

Cash 071523 — Cash used to close for week ending July 15th

FHA financing was used to close on 18 homes at median price $403,732 with 34 days average market time, last week 12 homes at median price $328,000 with 4 days average market time.

FHA 071523 — FHA financing used to close for week ending July 15th

VA financing was used to close on 5 homes at median price $390,000 with 21 days average market time, last week 4 homes at median price $290,000 with 28 days average market time.

VA 071523 — VA financing used to close for week ending July 15th

2,000 square feet or more closed on 119 homes this week at median price $530,000 with 32 days average market time. last week 97 homes at median price $515,000 with 32 days average market time. Minimum price this week $178,000, last week $284,000.

2000 SF or more 071523 — 2,000 SF or more closed for week ending July 15th.

71% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are slightly up. 207 this week compared to 186 the previous week.

Aurora-34 Bolingbrook-17

Naperville-34 Oswego-11

Plainfield-28 St Charles-14

Yorkville-11

1 short sale was accepted by a seller this week. It was in Naperville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

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

Homes that went under contract this week had a median price $410,000 with 36 days average market time, last week $400,000 with 30 days average market time.

Under contract 071523 — Under contract for week ending July 15th

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 381 353 393

Totals 7960 4042 4875

Homes sell throughout the year. Some months are busier than others.

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

Resources

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

If you are thinking about selling request a home valuation so we can let you know about what your home is worth in today’s market. We can also provide you with a net proceeds that shows an estimate of expenses to sell.

You can sign-up for email alerts so you don’t miss out on a new listings with your criteria.

Search for a home anytime even if it is just to keep up with the home prices.

All data provided today is from our MLS, MRED, LLC. Data 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 July 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices July 1st

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

Fox Valley home prices July 1st

Fox Valley home prices July 1st. We should get much needed rain today and tomorrow. The next couple of weeks will be in the mid 80’s during the day and mid 60’s at night.

New listings this week are slightly down. 184 this week compared to 204 the previous week.

Closed listings are up. 258 this week compared to 164 the previous week.

Aurora-New 27 $184,900-$949,900

Closed-36 $197,000-$815,000

Batavia-New 6 $199,900-$769,000

Closed-11 $325,000-$905,000

Naperville-New 25 $300,000-$1,889,000

Closed-47 $325,000-$1,260,000

Plainfield-New 26 $160,000-$850,000

Closed-41 $216,000-$743,969

St Charles-New 11 $315,000-$1,350,000

Closed-22 $280,000-$1,265,000

West Chicago-New 1 $475,000

Closed 11 $209,900-$699,900

Yorkville-New 14 $245,000-$949,900

Closed-10 $342,500-$851,000

These are the price ranges of the communities with the most activity this week. Click on the photo above to see the other communities that had activity and their price ranges.

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

Median list price this week $444,990, last week $439,450.

Closed median price this week $443,750, last week $435,000.

Stats 070123 — Stats for week ending July 1st

Conventional financing was used to close on 197 homes this week at median price $451,000 with 24 days average market time, last week 113 homes at $455,000 with 20 average market time.

Conv 070123 — Conventional financing used to close for week ending July 1st

Cash was used to close on 39 homes this week at median price $445,000 with 26 days average market time, last week 31 homes at median price $445,000 with 17 days average market time.

Cash 070123 — Cash used to close for week ending July 1st

FHA financing was used to close on 16 homes this week at median price $302,500 with 33 days average market time, last week 17 homes at median price $338,000 with 29 days average market time.

FHA 070123 — FHA financing used to close for week ending July 1st

VA financing was used to close on 5 homes this week at median price $350,000 with 10 days average market time, last week 3 homes at median price $335,000 with 14 days average market time.

VA070123 — VA financing used to close for July 1st

2,000 Square feet or more closed on 162 homes at median price $542,500 with 29 days average market time, last week 97 homes at median price $510,000 with 24 days average market time. Minimum price this week $272,000, last week $250,000.

2000 SF or more 070123 — 2,000 SF or more closed for week ending July 1st

76% of homes closed this week used Conventional financing. FHA financing was used only 16 times out of 258 closed.

Under contract this week

Homes that went under contract this week were slightly up. 195 this week compared to 189 the previous week.

Aurora-22 Bolingbrook-25

Naperville-29 Plainfield-27

St Charles-17 Yorkville-14

3 short sales were accepted by seller’s this week. 2 were in Bolingbrook and 1 in Montgomery.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $412,000 with 24 days average market time, last week $420,000 with 30 days average market time.

Under contract 070123 — Under contract for week ending July 1st

2023 by the month and a look back to 2019

2023

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

Totals 4143 3689 4482

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

Totals 5243 5184 5611

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

Totals 5641 6252 7409

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

Totals 6790 4506 6714

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

Totals 8523 4825 6580

In 2019 there were more than double the new listings as this year so far. Looking at 5 years you can see why the prices have increased.

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 usually look back at 2022 and 2021. In December we will go back to 2019 again so you can see the 5 years to compare.

Resources

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

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

If you are thinking about selling your home request a home valuation and we will also show you an estimate of what you will receive at closing.

You can sign-up for email alerts so you don’t miss out on a listing as it hits the market.

You can also search for a home anytime you like.

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 July 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 May 6th

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

Fox Valley home prices May 6th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 050623 — Stats for week ending May 6th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-28 Batavia-13

Bolingbrook-22 Geneva-10

Naperville-28 Plainfield-22

St Charles-11 West Chicago-10

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

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 201 161 194

Totals 2579 2188 2934

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

Resources

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

If you are looking for information not listed above let us know so we can point you in the right direction.

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 22nd

Posted on April 22, 2023April 22, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 22nd

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.

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.

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

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 15th

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

Fox Valley home prices April 15th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 041523 — Stats for week ending April 15th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-26 Bolingbrook-12

Naperville-33 Oswego-14

Plainfield-31

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

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 362 291 343

Totals 2030 1701 2328

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

Resources

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

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

Contact us

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

Fox Valley home prices April 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 18th

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

Fox Valley home prices March 18th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 031823 — Stats for week ending March 18th

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

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

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

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

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

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

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

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

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

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

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

Homes under contract this week

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

Aurora-15 Naperville-32

Oswego-12 Plainfield-33

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

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

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 282 255 325

Totals 1395 1107 1584

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

Resources

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

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

All data used is from our MLS, MRED, LLC. It changes continuously throughout the day.

Contact us

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

Fox Valley home prices March 18th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 18th

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

Fox Valley home prices February 18th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 021823 — Stats for week ending February 18th

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

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

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

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

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

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

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

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

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

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

Conventional financing continues to be the financing to chose.

Homes under contract this week

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

Aurora-21 Naperville-31

Oswego-14 Plainfield-20

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

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 48 hours and 2 with 24 hours.

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 383 279 476

Totals 866 605 946

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

Resources

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

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

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

Contact us

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

Fox Valley home prices February 18th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 11th

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

Fox Valley home prices February 11th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 021123 — Stats for week ending February 11th

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

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

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

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

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

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

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

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

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

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

Homes under contract this week

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

Aurora-24 Geneva-13

Naperville-18 Oswego-11

Plainfield-23 St Charles-10

3 short sales were accepted by seller’s this week. 1 each in Aurora, Bolingbrook, and West Chicago. Now they will be submitted to the lender to see if they will also accept.

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 214 191 324

Totals 697 517 794

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

Resources

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

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

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

Contact us

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

Fox Valley home prices February 11th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 4th

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

Fox Valley home prices February 4th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 020423 — Stats for week ending February 4th.

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

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

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

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

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

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

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

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

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

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

Homes under contract this week

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

Aurora-24 Bolingbrook-18

Naperville-24 Oswego-12

Plainfield-25 Yorkville-11

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

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

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 108 111 165

Totals 591 437 635

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

Resources

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

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

Contact us

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

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

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 28th

Posted on January 28, 2023January 28, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 28th

Fox Valley home prices January 28th. Winter has finally arrived in the Fox Valley this week. It has been snowing for the last 3 days. Not too much, just enough to cover the ground.

New listings this week are slightly down. 127 this week compared to 134 the previous week.

Closed listings this week are much higher. 98 this week compared to 69 the previous week.

Aurora-New 15 $149,900-$640,517

Closed-21 $130,000-$642,900

Elburn-New 10 $395,000-$1,295,000

Closed-2 $380,000-$415,000

Naperville-New 18 $300,000-$1,100,000

Closed-18 $280,000-$1,100,000

Oswego-New 10 $215,000-$475,000

Closed-3 $400,000-$500,000

Plainfield-New 24 $279,900-$875,000

Closed-7 $309,500-$649,285

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

Median list price this week $399,990, last week $389,990.

Closed median price this week $387,950, last week $335,000.

Fox Valley home prices January 28th-Stats

Conventional financing was used to close on 72 homes this week at median price $429,250 with 45 days average market time, last week 48 homes at median price $346,265 with 57 days average market time.

Conventional financing used to close for week ending January 28th

Cash was used to close on 14 homes this week at median price $304,762 with 40 days average market time, last week 10 homes at median price $309,000 with 40 days average market time.

Cash used to close for week ending January 28th

FHA financing was used to close on 10 homes this week at median price $328,795 with 91 days average market time, last week 9 homes at median price $269,900 with 39 days average market time.

FHA financing used to close for week ending January 28th

VA financing was used to close on 3 homes this week at median price $433,500 with 64 days average market time, last week 1 home at $450,000 with 76 days average market time.

VA financing used to close for week ending January 28th

2,000 square feet or more closed on 61 homes this week at median price $480,000 with 62 days average market time, last week 34 homes at median price $470,500 with 41 days average market time. Minimum price this week $309,500, last week $286,000.

2,000 SF or more closed for week ending January 28th

Conventional financing continues to be the best choice for financing.

Homes are staying on the market longer than they were, but if they are priced right, and in great condition they are still selling quickly. Fresh paint, deep cleaning, and getting rid of the clutter is your best bet for getting it sold right away. It makes it easier to be ready for showings and more appealing for buyers.

Homes under contract this week

Homes under contract this week are up. 158 this week compared to 122 the previous week.

Aurora-23 Bolingbrook-12

Naperville-26 Plainfield-17

Yorkville-10

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

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

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

Median price of homes under contract this week $387,450 with 68 days average market time, last week median price $379,900 with 64 days average market time.

Under contract this week 012823 — Under contract for week ending January 28th

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

2023

Month New Closed Under contract

January 483 326 470

2022

Month New Closed Under contract

January 422 492 623

2021

January 543 649 829

We did better than 2022 for New listings but below 2021. Closed and under contract are way behind 2022 and 2021. Hopefully we will continue to be ahead of last year for New listings. That will help to stabilize pricing.

Resources

Click on each of the bullet points that are bold and underlined to take you to the site for the information. If you are looking for information not listed here, let us know, and we will 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 and other things that your loan officer will explain to you. They can also help you bring up your score if you need to.

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

Contact us

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

Fox Valley home prices January 28th. 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