Fox Valley home prices April 13th

Posted on April 13, 2024April 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 13th

Fox Valley home prices April 13th. It is supposed to reach 71 degrees today and 79 tomorrow. It looks like 4 days in a row of 70’s then we get back to normal 50 to mid 60’s.

New listings this week are down. 173 this week compared to 223 the previous week.

Closed listings are also down. 161 this week compared to 183 the previous week.

Aurora-New 17 $134,900-$549,000

Closed-22 $160,000-$755,000

Bolingbrook-New 14 $225,000-$625,000

Closed-9 $274,999-$635,000

Elgin-New 19 $139,000-$819,900

Closed-19 $204,000-$720,000

Naperville-New 31 $450,000-$1,699,900

Closed-21 $400,000-$1,700,000

Plainfield-New 22 $325,000-$1,125,000

Closed-19 $290,000-$790,000

St Charles-New 7 $249,900-$959,900

Closed-11 $235,000-$775,000

Yorkville-New 10 $269,900-$925,000

Closed-10 $36,500-$446,000 (the $36,500 I think is a mistake that hasn’t been changed yet)

For price ranges and activity in other communities look at the photo above.

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

Median list price this week $448,750, last week $459,450.

Closed median price this week $409,990, last week $430,000.

Stats 041324 — Stats for week ending April 13th

Conventional financing was used to close on 107 homes this week at median price $429,900 with 37 days average market time, last week 140 homes at median price $460,000 with 29 days average market time.

Conv 041324 — Conventional financing used to close for week ending April 13th

Cash used to close on 30 homes this week at median price $390,000 with 30 days average market time, last week 23 homes at median price $340,000 with 41 days average market time.

Cash 041324 — Cash used to close for week ending April 13th

FHA financing was used to close on 17 homes this week at median price $326,000 with 19 days average market time, last week 14 homes at median price $327,500 with 31 days average market time.

FHA 041324 — FHA financing used to close for week ending April 13th

VA financing was used to close on 7 homes this week at median price $420,000 with 26 days average market time, last week 6 homes at median price $423,750 with 25 days average market time.

VA 041324 — VA financing used to close for week ending April 13th

2,000 SF or more closed on 92 homes this week at median price $510,000 with 35 days average market time, last week 112 homes at median price $531,700 with 32 days average market time. Minimum price this week $36,500( I think this is a mistake that has not been changed yet), last week $118,000.

2000 SF or more 041324 — 2000 SF or more closed for week ending April 13th

As you can see conventional financing is the most used way to close on homes here in the Fox Valley area of Illinois.

Under contract this week

Homes that went under contract this week are up. 225 this week compared to 163 the previous week.

Aurora-30 Bolingbrook-14

Elgin-24 Montgomery-10

Naperville-37 Oswego-15

Plainfield-26

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

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

Homes that went under contract this week had a median price of $429,000 with 25 days average market time, last week median price $450,000 with 37 days average market time.

Under contract stats 041324 — Under contract stats for week ending April 13th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 396 344 388

Totals 2283 1895 2470

Check back every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us with your real estate questions. Your goal is our goal.

Check out some great resources. Click on everything that is bold and underlined to take you to the information.

IF you are buying a home you need to get qualified first with a loan officer.

When selling request a home valuation to see what your home is worth in today’s market.

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

Fox Valley home prices April 13th. 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 6th

Posted on April 6, 2024April 6, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 6th

Fox Valley home prices April 6th. We finally see the sun. It has been raining for days. Temperatures will go from the mid 50’s up to 70 the next couple of weeks.

New listings are up. 223 this week compared to 125 the previous week.

Closed listings are down. 183 this week compared to 209 the previous week.

Aurora-New 20 $189,900-$740,000

Closed-16 $159,000-$702,097

Bolingbrook-New 13 $152,000-$679,000

Closed-10 $196,000-$580,600

Elgin-New 23 $170,000-$652,995

Closed-22 $190,000-$672,000

Montgomery-New 7 $235,000-$429,900

Closed-10 $233,000-$549,000

Naperville-New 40 $289,900-$2,390,000

Closed-20 $285,000-$1,525,000

Oswego-New 8 $320,000-$629,900

Closed-10 $289,000-$670,000

Plainfield-New 36 $240,000-$699,900

Closed-20 $312,000-$791,272

St Charles-New 14 $329,900-$750,000

Closed-10 $268,100-$1,200,000

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

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

Median list price this week $459,450, last week $435,000

Closed median price this week $430,000, last week $415,000.

Stats 040624 — Stats for week ending April 6th

Conventional financing was used to close on 140 homes this week at median price $460,000 with 29 days average market time, last week 154 homes at median price $442,455 with 46 days average market time.

Conv 040624 — Conventional financing used to close for week ending April 6th

Cash was used to close on 23 homes this week at median price $340,000 with 41 days average market time, last week 30 homes at median price $369,950 with 61 days average market time.

Cash 040624 — Cash used to close for week ending April 6th

FHA financing was used to close on 14 homes this week at median price $327,500 with 31 days average market time, last week 17 homes at median price $370,000 with 62 days average market time.

FHA 040624 — FHA financing used to close for week ending April 6th

VA financing was used to close on 6 homes this week at median price $423,750 with 25 days average market time, last week 6 homes at median price $463,650 with 81 days average market time.

VA 040624 — VA financing used to close for week ending April 6th

2,000 SF or more closed on 112 homes at median price $531,700 with 32 days average market time, last week 127 homes at median price $499,990 with 59 days average market time. Minimum price for 2,000 SF or more this week $118,000, last week $198,000.

2000 SF or more 040624 — 2,000 SF or more closed for week ending April 6th

Conventional financing wins again this week. Cash is next.