Fox Valley home prices September 23rd

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

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

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

Fox Valley home prices September 23rd

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 092323
Stats for week ending September 23rd

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

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

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

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

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

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

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

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

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

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

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

Homes under contract this week

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

Fox Valley home prices September 23rd-Under contract this week

Aurora-22                       Bolingbrook-12

Naperville-18                  Plainfield-20

St Charles-10                   Yorkville-10

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

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

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

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

2023 by the month

Month                New   Closed   Under contract

January               483       326          470

February             630       526          789

March                  555       558          726

April                    710        617          755

May                     735       603          816

June                   1030      1059          926

July                      765        745          805

August                 869       988          915

September           525        416          453

Totals                 6302     5838         6655

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

Resources

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

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

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

Contact us

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

Fox Valley home prices September 23rd.  Have an awesome week!!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

Fox Valley home prices August 19th

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

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

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

Fox Valley home prices August 19th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 081923
Stats for week ending August 19th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Fox Valley home prices August 19th-Under contract this week

Aurora-30                          Bolingbrook-14

Montgomery-11                 Naperville-23

Plainfield-13                      St Charles-13

Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours and 2 with 48 hours.

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

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

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

2023 by the month

Month                New   Closed   Under contract

January               483        326          470

February             630        526          789

March                  555        558          726

April                    710         617           755

May                     735         603          816

June                   1030        1059          926

July                      765          745          805

August                 545         566          559

Totals                 5453       5000        5846

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

Resources

Click on everything that is underlined and highlighted to take you to the site for the information.  Let us know if you are looking for information not listed here.  We will be happy to point you in the right direction.

To find out what your home might sell for in this marketrequest a home valuation and we will also provide you with a net proceeds that will show you and estimate of expenses to sell.  When an offer comes in we will update it when we know all the terms.

You can sign-up for email alerts so you will receive listings as they hit the market.

Search for a home  anytime you like.  You can also keep track of what is selling in your neighborhood.

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 August 19th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices August 12th

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Fox Valley home prices August 12th.  It looks like a roller coaster with temps for the next couple of weeks.  Highs range from 70-88 during the day and lows from 53-72 at night.  Possible rain on Monday.

New listings are pretty consistent.  179 this week compared to 185 the previous week.

Closed listings are down.  176 this week compared to 211 the previous week.

Aurora-New 28 $187,500-$575,000

             Closed-22 $127,500-$955,000

Bolingbrook-New 14 $255,000-$525,000

                      Closed-12 $233,000-$910,000

Naperville-New 38 $299,000-$2,999,995

                   Closed-29 $270,000-$1,700,000

Plainfield-New 18 $324,900-$845,000

                  Closed-25 $245,000-$1,117,561

St Charles-New 9 $275,000-$659,000

                  Closed-22 $150,000-$1,317,000

Yorkville-New 12 $275,000-$519,990

                Closed-12 $305,000-$915,000

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

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

Median list price this week is the same as last week $449,900.

Closed listings this week $449,945, last week $442,000.

First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000.  What a difference!

Stats 081223
Stats for week ending August 12th

Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.

Conv 081223
Conventional financing used to close for week ending August 12th

Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.

Cash 081223
Cash used to close for week ending August 12th

FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.

FHA 081223
FHA financing used to close for week ending August 12th

VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.

VA 081223
VA financing used to close for week ending August 12th

2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time.  Minimum price this week $233,000, last week $245,000.

2000 SF or more 081223
2,000 SF or more closed for week ending August 12th

Under contract this week

Homes under contract this week are consistent.  186 this week compared to 194 the previous week.

Fox Valley home prices August 12th-Under contract this week

Aurora-35                       Naperville-28

Plainfield-24                  St Charles-13

Yorkville-11

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

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

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

Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.

Under contract 081223
Under contract median price for week ending August 12th

2023 by the month

Month           New   Closed   Under contract

January          483        326            470

February        630        526            789

March             555        558            726

April               710         617            755

May                735        603            816

June               1030      1059            926

July                  765        745            805

August             364       387            380

Totals             5272      4821          5667

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 looking for other information not here let us know.  We will point you in the right direction.

If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell.  Many factors go into this so we will update  you when an offer comes in and we know all the terms agreed to.

You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for.  You can also keep track of your neighborhood prices.

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 August 12th.  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 29th

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Fox Valley home prices July 29th.  We have had a couple of extremely hot days.  I hope that is the end of those.

New listings are up.  204 this week compared to 180 the previous week.

Closed listings are also up.  212 this week compared to 180 the previous week.

Fox Valley home prices July 29th

Aurora-New 17 $159,900-$775,000

             Closed-35 $187,000-$680,000

Bolingbrook-New 18 $120,000-$779,900

                      Closed-17 $300,000-$595,000

Geneva-New 10 $300,000-$899,900

              Closed-8 $275,000-$2,335,500

Montgomery-New 4 $375,000-$409,900

                        Closed-11 $250,000-$440,500

Naperville-New 38 $369,900-$2,100,000

                   Closed-39 $376,000-$2,199,900

Plainfield-New 22 $320,000-$714,990

                  Closed-28 $270,000-$735,000

St Charles-New 14 $250,000-$1,850,000

                  Closed-7 $359,900-$1,150,000

Yorkville-New 24 $299,900-$1,490,000

                Closed-10 $300,000-$965,000

These are the communities with the most activity this week.  Other communities had activity.  Click on the photo above to see the price ranges in those communities.  You just might find something there.

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

Median list price this week $449,945, last week $434,750.

Closed median price this week $432,500, last week $431,500.

Stats 072923
Stats for week ending July 29th

Conventional financing was used to close on 153 homes this week at median price $475,000 with 25 days average market time, last week 132 homes at median price $448,750 with 35 days average market time.

Conv 072923
Conventional financing used to close for week ending July 29th

Cash was used to close on 28 homes this week at median price $400,000 with 38 days average market time, last week 22 homes at median price $359,687 with 29 days average market time.

Cash 072923
Cash used to close for week ending July 29th

FHA financing was used to close on 19 homes this week at median price $339,900 with 30 days average market time, last week 13 homes at median price $335,000 with 17 days average market time.

FHA 072923
FHA financing used to close for week ending July 29th

VA financing was used to close on 12 homes this week at median price $417,244 with 30 days average market time, last week 10 homes at median price $438,500 with 11 days average market time.

VA 072923
VA financing used to close for week ending July 29th

2,000 square feet or more closed on 134 homes this week at median price $552,666 with 34 days average market time, last week 118 homes at median price $503,500 with 53 days average market time.  Minimum price this week is the same as last week $250,000.

2000 SF or more 072923
2,000 SF or more closed for the week ending July 29th

72% of homes closed using Conventional financing.

Under contract this week

Homes that went under contract this week are down.  185 this week compared to 227 the previous week.

Fox Valley home prices July 29th-Under contract this week

Aurora-23                     Naperville-31

Plainfield-33                St Charles-17

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

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

Median price of homes that went under contract this week $419,900 with 28 days average market time, last week $414,900 with 30 days average market time.

Under contract stats 072923
Under contract stats for week ending July 29th

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

2023

Month              New   Closed   Under contract

January             483       326            470

February           630       526            789

March                555       558            726

April                  710        617            755

May                   735       603            816

June                 1030      1059           926

July                    765        745           805

Totals              4908      4434         5287

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

July                    955        932          908

Totals               6198       6116         6519

2021

January             543        649           829

February           561        604            778

March               993       1099          1455

April                1006        926          1387

May                 1088      1288          1289

June                 1450      1686           1671

July                  1118       1182            1210

Totals             6759      7434            8619

You can see the amount of new listings has drastically gone down.  That is why prices have increased so much.  We need a bigger supply of homes to bring the prices down.

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

Resources

Click on everything that is bold and underlined.  If you are looking for information that is not here let us know what you are looking for and we will point you in the right direction.

If you want to know what your home is worth right now request a home valuation.

You can sign-up for email alerts so you will receive listings as soon as they hit the market with the criteria you select.

Search for homes whenever you want.  You can keep track of homes in your neighborhood or try to find a home to purchase.

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

Contact us

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

Fox Valley home prices July 29th.  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 22nd

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Fox Valley home prices July 22nd.  80’s the next couple of weeks during the day and 60’s at night.  Today and tomorrow are the only possible days for rain and that is only 50% or less both days.

New listings this week are down.  180 this week compared to 206 the previous week.  We are heading in the wrong direction.

Closed listings this week were exactly the same as the previous week.  180 both weeks.

Fox Valley home prices July 22nd

Aurora-New 15 $199,000-$699,900

             Closed-26 $159,000-$658,059

Bolingbrook-New 5 $199,900-$550,000

                      Closed-13 $250,000-$600,000

Naperville-New 37 $349,000-$1,375,000

                   Closed-39 $270,000-$1,465,000

Plainfield-New 30 $225,000-$999,000

                  Closed-27 $165,000-$1,850,000

St Charles-New 16 $329,000-$875,000

                  Closed-10 $390,000-$1,375,000

Yorkville-New 13 $225,000-$597,000

                Closed-10 $230,000-$541,200

Other communities had activity this week.  Look at the photo above to see those communities.  You just might find your price range in one of those places.

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

Median list price this week $434,750, last week $441,250.

Closed median price this week $431,500, last week $450,000

Median price went down slightly in both list and closed prices.

Stats 072223
Stats for week ending July 22nd

Conventional financing was used to close on 132 homes this week at median price $448,750 with 55 days average market time, last week 129 homes at median price $487,500 with 26 days average market time.

Median price went down and days on market went up for this week.

Conv 072223
Conventional financing used to close for week ending July 22nd

Cash was used to close on 22 homes this week at median price $359,687 with 29 days average market time, last week 28 homes at median price $457,500 with 29 days average market time.

Prices down almost $100,000 on median price with the same market time.

Cash 072223
Cash used to close for week ending July 22nd

FHA financing was used to close on 13 homes this week at median price $335,000 with 17 days average market time, last week 18 homes at median price $403,732 with 34 days average market time.

Median price is down this week with less market time.

FHA 072223
FHA financing used to close for week ending July 22nd

VA financing was used to close on 10 homes this week at median price $438,500 with 11 days average market time, last week 5 homes at median price $390,000 with 21 days average market time.

Number of homes doubled and median price went up with less average market time.

VA 072223
VA financing used to close for week ending July 22nd

2,000 square feet or more closed on 118 homes at median price $503,500 with 53 days average market time, last week 119 homes at median price $530,000 with 32 days average market time.  Minimum price this week $250,000, last week $178,000.

Median price went down this week and market time went up.  Minimum price went up.

2000 SF or more 072223
2,000 SF or more for week ending July 22nd

Conventional financing again is the most used way to close this week.

Prices and days on market fluctuate with the type of home, condition and motivation of seller’s.

Under contract this week

Homes under contract this week went up slightly.  227 this week compared to 207 the previous week.

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

Aurora-41                          Bolingbrook-18

Geneva-10                         Naperville=32

Oswego-17                         Plainfield-28

St Charles-13

These are the communities with the most homes that went under contract this week.  Other communities had activity.  Click on the photo above to see all the communities.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  5 with a kick-out clause of 72 hours and 3 with 48 hours.

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

Homes that went under contract this week had a median price of $414,900 with 30 days average market time, last week median price was $410,000 with 36 days average market time.

Under contract stats 072223
Homes under contract stats for week ending July 22nd

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                  561       533             620

Totals             4704    4222            5102

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 looking for information that I do not have below let me know and I will point you in the right direction.

Also, if you want  to know an estimate of what your home is worth in today’s market and also an estimate of expenses to sell request a home valuation and we will get you this information.

You can also sign-up for email alerts if you are looking for a home.  It will let you know when a home hits the market with the criteria and area you are looking for.

You can 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 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 July 1st

bhfv Cover 050623

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.

Fox Valley home prices July 1st

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.

Fox Valley home prices July 1st-Under contract this 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 June 24th

bhfv Cover 050623

Fox Valley home prices June 24th.  It is a hot one today!  Hopefully we might see some rain in the next couple of days.  Mid 80’s during the day and mid 60’s at night for the next couple of weeks .  It is severely dry here.

New listings this week are consistent.  204 this week compared to 199 the previous week.

Closed listings are down.  164 this week compared to 229 the previous week.

ox Valley home prices June 24th

Aurora-New 26 $200,000-$1,250,000

             Closed-21 $175,000-$590,000

Bolingbrook-New 28 $239,900-$848,500

                      Closed-21 $200,000-$775,000

Naperville-New 39 $350,000-$1,375,000

                   Closed-29 $250,000-$2,075,000

Plainfield-New 26 $297,900-$1,350,000

                  Closed-20 $303,000-$676,430

St Charles-New 16 $297,000-$1,395,000

                  Closed-10 $251,500-$715,000

Out of the 25 communities with activity this week.  These are the ones that are most active.  Click on photo above to see the other communities.

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

Median list price this week $439,450, last week $448,542.

Closed median price this week $435,000, last week $450,000.

Stats 062423
Stats for week ending June 24th

 Conventional financing was used to close on 113 homes this week at median price $455,000 with 20 days average market time, last week 169 homes at median price $458,000 with 21 days average market time.

Conv 062423
Conventional financing used to close for week ending June 24th

Cash was used to close on 31 homes at median price $445,000 with 17 days average market time, last week 34 homes at median price $509,250 with 24 days average market time.

Cash 062423
Cash used to close for week ending June 24th

 FHA financing was used to close on 17 homes this week with median price $338,000 with 29 days average market time, last week 17 homes at median price $350,000 with 31 days average market time.

FHA 062423
FHA financing used to close for week ending June 24th

VA financing was used to close on 3 homes this week at median price $335,000 with 14 days average market time, last week 7 homes at median price $495,000 with 14 days average market time.

VA 062423
VA financing was used to close for week ending June 24th

2,000 square feet or more closed on 97 homes this week at median price $510,000 with 24 days average market time, last week 160 homes at median price $520,000 with 25 days average market time.  Minimum price this week $250,000, last week $238,000.

2000 SF or more 062423
2,000 SF or more for week ending June 24th

Conventional financing continues to be the most used financing at just under 70% this week.

Under contract this week

Homes under contract this week are down slightly.  189 this week compared to 198 the previous week.

Fox Valley home prices June 24th-Under contract this week

Aurora-21                              Bolingbrook-13

Geneva-11                              Naperville-37

Plainfield-24                         St Charles-11

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

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

Median price of homes under contract this week is $420,000 with 30 days average market time, last week $449,450 with 36 days average market time.

Under contract this week 020423
Under contract this week for week ending June 24th

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                    846       801          731

Totals               3959      3431       4287

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

Resources

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

Check with your loan officer to see if they offer any programs that will help with closing costs or anything else.

If you would like to see what your home is worth on today’s market request home valuation and we will give you an idea of what the costs to sell your home might be.

Don’t miss out on a new listing sign-up for email alerts and you will be emailed a listing as soon as it hits our MLS. 

You can always search for a home anytime or check on what homes are selling for.

Let us know what information you need.

All data was provided this morning by 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 June 24th.  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 June 10thbhfv Cover 050623

Fox Valley home prices June 10th.  Weather continues to be in the 70 and 80’s getting down to the upper 50’s at night.  Perfect if only we had some rain.

New listings this week are down.  212 this week compared to 231 the previous week.

Closed listings are also down.  171 this week compared to 237 the previous week.

Fox Valley home prices June 10th

Aurora-New 27 $157,000-$790,000

             Closed-24 $165,900-$565,000

Batavia-New 8 $415,000-$795,000

               Closed-11 $290,000-$795,000

Bolingbrook-New 16 $247,000-$589,000

                      Closed-14 $250,000-$615,000

Naperville-New 54 $350,000-$1,995,000

                   Closed-34 $427,000-$1,325,000

Plainfield-New 34 $289,000-$775,000

                 Closed-24 $240,000-$648,861

St Charles-New 13 $239,900-$775,000

                  Closed-6 $325,000-$560,000

Yorkville-New 12 $389,900-$707,000

                Closed-7 $364,900-$525,000

Other communities had activity this week.  Click on the photo above to see the price ranges in those communities.  We just highlight the most active.  If you would like me to email you a copy let me know at besthomesfv@gmail.com.

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

Median list price this week $449,900, last week $420,000

Closed median price this week $445,000, last week $420,100.

Stats 061023
Stats for week ending June 10th

Conventional financing was used to close on 132 homes this week at median price $452,500 with 22 days average market time, last week 168 homes at median price $437,500 with 22 days average market time.

Conv 061023
Conventional financing used to close for week ending June 10th

Cash was used to close on 26 homes this week at median price $448,500 with 34 days average market time, last week 33 homes at median price $425,000 with 20 days average market time.

Cash 061023
Cash used to close for week ending June 10th

FHA financing used to close on 6 homes this week at median price $349,990 with 7 days average market time, last week 20 homes at median price $337,750 with 43 days average market time.

FHA 061023
FHA financing used to close for week ending June 10th

VA financing was used to close on 6 homes this week at median price $416,225 with 25 days average market time, last week 14 homes at median price $412,500 with 15 days average market time.

VA 061023
VA financing used to close for week ending June 10th

2,000 Square feet or more closed on 105 homes at median price $523,000 with 24 days average market time, last week 142 homes at median price $510,000 with 26 days average market time.  Minimum price this week $247,500, last week $255,000.

2000 SF or more 061023
2,000 SF or more homes closed for week ending June 10th

77% of homes closed this week using Conventional financing.  The trend continues in our area.

Under contract this week

Homes that went under contract this week are up.  188 this week compared to 156 the previous week.

Fox Valley home prices June 10th-Under contract this week

Aurora-24                                 Bolingbrook-14

Geneva-14                                Naperville-27

Plainfield-23                            St Charles-16

Yorkville-13

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

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

Homes under contract this week had a median price $425,000 with 33 days average market time, last week $430,000 with 31 days average market time.

Under contract 061023
Under contract stats for week ending June 10th

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                  443        408            344

Totals             3556      3038          3900

Check back with us every Saturday for the real estate market update in 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 too.

New listings are more than closed listings, that is a good thing to see.  We still need more listings in different price ranges so everyone has something to choose from.

Under contract listings sometimes come back on the market.  That is why they are higher than closed listings.

Resources

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

Also check with your loan officer to see if they have any programs to help get you into a home.

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 June 10th.  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 June 3rd

bhfv Cover 050623

Fox Valley home prices June 3rd.  The weather is in the 80-90’s and no rain for maybe 2 more weeks.  It is very dry.

New listings are up.  231 this week compared to 158 the previous week.  Price range this week $175,000-$3,500,000.

Closed listings are up.  237 this week compared to 165 the previous week.  Price range this week $121,250-$1,895,000.

Fox Valley home prices June 3rd

Aurora-New 16 $175,000-$629,000

             Closed-44 $200,000-$795,717

Batavia-New 10 $299,000-$725,000

               Closed-4 $275,000-$511,000

Bolingbrook-New 9 $291,000-$539,900

                      Closed-15 $220,000-$775,000

Geneva-New 12 $310,000-$3,500,000

              Closed-8 $384,000-$975,000

Naperville-New 35 $359,000-$1,725,000

                   Closed-37 $390,000-$1,895,000

Plainfield-New 35 $184,900-$2,200,000

                  Closed-37 $270,000-$1,690,000

St Charles-New 15 $175,000-$949,900

                  Closed-16 $310,000-$1,650,000

West Chicago-New 9 $199,900-$600,000

                        Closed-10 $320,000-$660,000

Yorkville-New 37 $285,000-$799,000

                Closed-11 $332,000-$565,000

These are the communities with the most activity this week.  Click on the photo above to see other communities that also had activity.

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

Median list price this week $420,000, last week $445,000

Closed median price this week $420,000, last week $435,000

Stats 060323
Stats for week ending June 3rd

Conventional financing was used to close on 168 homes this week at median price $437,500 with 22 days average market time, last week 119 homes at median price $440,000 with 24 days average market time.

Conv 060323
Conventional financing used to close for week ending June 3rd

Cash was used to close on 33 homes at median price $425,000 with 20 days average market time, last week 30 homes at median price $470,000 with 27 days average market time.

Cash 060323
Cash used to close for week ending June 3rd

FHA financing was used to close on 20 homes this week at median price $337,750 with 43 days average market time, last week 15 homes at median price $335,500 with 26 days average market time.

FHA 060323
FHA financing used to close for week ending June 3rd

VA financing was used to close on 14 homes this week at median price $412,500 with 15 days average market time, last week 2 homes at median price $373,450 with 70 days average market time.

VA 060323
VA financing used to close for week ending June 3rd

2,000 square feet or more closed on 142 homes at median price $510,000 with 26 days average market time, last week 107 homes at median price $522,000 with 32 days average market time.  Minimum price this week $255,000, last week $280,000.

2000 SF or more 060323
2,000 SF or more closed for week ending June 3rd

Almost 71% of homes closed using Conventional financing.

Under contract this week

Homes under contract this week are down.  156 this week compared to 197 the previous week.

Fox Valley home prices June 3rd-Under contract this week

Aurora-19                                    Naperville-37

Plainfield-22                               St Charles-10

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

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

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

Median price of homes that went under contract this week $430,000 with 31 days average market time, last week $419,900 with 32 days average market time.

Under contract 060323
Under contract stats for week ending June 3rd

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                  231           237         156

Totals             3344         2867       3712

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

Resources

Click on each bullet point 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 of your real estate questions.  Your goal is our goal.

Fox Valley home prices June 3rd.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

Fox Valley home prices May 27th

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Fox Valley home prices May 27th.  The weather is perfect.  Sunny and warm temperatures.  A little too sunny though, we don’t expect to get any rain for another week.  It is really getting dry.

New listings are down.  158 this week compared to 181 the previous week.

Closed listing are up.  165 this week compared to 148 the previous week.

Fox Valley home prices May 27th

Aurora-New 17 $205,000-$999,999

             Closed-21 $218,000-$715,000

Batavia-New 7 $389,900-$1,399,000

               Closed-11 $226,000-$875,000

Naperville-New 35 $385,000-$1,600,000

                   Closed-28 $360,000-$1,557,000

Plainfield-New 28 $285,000-$1,100,000

                  Closed-26 $320,000-$1,045,000

Yorkville-New 12 $330,490-$649,900

                Closed-6 $325,000-$485,000

There was activity in other communities.  Click on the photo above to see the price ranges in those communities.

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

Median list price this week $445,000, last week $435,000

Closed median price this week $435,000, last week $420,000

Stats 052723
Stats for week ending May 27th

Conventional financing was used to close on 119 homes this week at median price $440,000 with 24 days average market time, last week 116 homes at median price $430,000 with 21 days average market time.

Conv 052723
Conventional financing used to close for week ending May 27th

Cash was used to close on 30 homes this week at median price $470,000 with 27 days average market time, last week 17 homes at median price $586,305 with 11 days average market time.

Cash 052723
Cash used to close for week ending May 27th

FHA financing was used to close on 15 homes this week at median price $335,500 with 26 days average market time, last week 14 homes at median price $345,500 with 37 days average market time.

FHA 052723
FHA financing used to close for week ending May 27th

VA financing was used to close on 2 homes this week at median price $373,450 with 70 days average market time, last week 1 home at $375,000 with 7 days average market time.

VA 052723
VA financing used to close for week ending May 27th

2,000 square feet or more closed on 107 homes this week at median price $522,000 with 32 days average market time, last week 94 homes at median price $485,000 with 25 days average market time.  Minimum price this week $280,000, last week $140,000.

2000 SF or more 052723
2,000 SF or more closed for week ending May 27th

Slightly over 72% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract are consistent.  197 this week compared to 193 the previous week.

Fox Valley home prices May 27th-Under contract this week

Aurora-24                              Bolingbrook-19

Naperville-38                        Plainfield-23

St Charles-16                         Yorkville-11

No short sales were accepted this week.

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

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

Median price of homes that went under contract this week $419,900 with 32 days average market time, last week $400,000 also with 32 days average market time.

Under contract 052723
Under contract for week ending May 27th

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

2023

Month              New   Closed   Under contract

January             483        326           470

February           630        526           789

March                555        558           726

April                  710         617           755

May                   735        603           816

Totals               3113       2630        3556

2022

January              422        492           623

February            523        520           724

March                 734       904          890

April                  1168       966         1334

May                   1101       893          806

Totals               3948      3775         4377

2021

January              543       649           829

February            561        604           778

March                 993      1099         1455

April                 1006        926         1387

May                  1088       1288         1289

Totals                4191       4566        5738

You can see new listings have steadily declined every year.  So have closed listings.  The need for housing has not declined.  Some have given up finding a home and are either living with family or renting.  Rentals are also hard to find. 

Keep an open mind when looking for a home.  You might need to drive a little farther or find a home and make adjustments to the home.

Resources

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

Talk to your loan officer to see what programs they offer.

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 May 27th.  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