Fox Valley home prices July 13th

Fox Valley home prices July 13th

Fox Valley home prices July 13th.  It is going to be a hot one today.  The next few days will also be hot and they are calling for storms each day until Wednesday.  

New listings this week are up.  299 this week compared to 165 the previous week.

Closed listings are also up.  194 this week compared to 175 the previous week.  We did have a holiday week last week so it was not a full week of activity.

Aurora-New 30 $210,000-$645,000

             Closed-15 $225,000-$1,050,000

Bolingbrook-New 19 $299,900-$785,398

                      Closed-16 $292,000-$600,000

Elgin-New 16 $214,900-$625,000

          Closed-20 $205,000-$659,900

Geneva-New 11 $289,900-$949,000

              Closed-7 $300,528-$585,000

Montgomery-New 10 $225,000-$449,000

                        Closed-5 $297,000-$450,000

Naperville-New 53 $329,900-$2,250,000

                   Closed-35 $373,000-$1,270,000

Oswego-New 13 $250,000-$699,900

               Closed-8 $230,000-720,000

Plainfield-New 34 $325,000-$1,120,000

                  Closed-14 $305,000-$650,000

St Charles-New 22 $190,000-$2,495,000

                   Closed-10 $301,500-$899,000

Yorkville-New 20 $285,000-$800,000

                Closed-10 $305,000-$563,000

We highlighted the communities with the most activity this week.  Look at photo above to see activity in other communities and their price ranges. 

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

Median list price this week $470,000, last week $474,995.

Closed median price this week $467,000, last week $460,000.

Stats 071324
Stats for week ending July 13th

Conventional financing was used to close on 152 homes this week at median price $469,500 with 16 days average market time, last week 137 homes at median price $477,000 with 23 days average market time.

Conv 071324
Conventional financing used to close for week ending July 13th

Cash was used to close on 23 homes this week at median price $475,000 with 28 days average market time, last week 18 homes at median price $397,500 with 36 days average market time.

Cash 071324
Cash used to close for week ending July 13th

FHA financing was used to close on 10 homes this week at median price $318,450 with 14 days average market time, last week 15 homes at median price $368,700 with 21 days average market time.

FHA 071324
FHA financing used to close for week ending July 13th

VA financing was used to close on 8 homes this week at median price $497,500 with 9 days average market time, last week 5 homes at median price $480,000 with 14 days average market time.

VA 071324
VA financing used to close for week ending July 13th

2,000 SF or more closed on 125 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $530,000 with 26 days average market time.  Minimum price this week $237,000, last week week $179,900.

2000 SF or more 071324
2,000 SF or more closed for week ending July 13th

78% of homes closed this week used Conventional financing.  This trend is not changing.  It has been consistent with the tight inventory.

Under contract this week

Homes that went under contract this week are down.  188 this week compared to 229 the previous week.

Fox Valley home prices July 13th-Under contract this week

Aurora-30                           Bolingbrook-10

Elgin-19                               Naperville-27

Oswego-14                          Plainfield-12

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours, 2 with 48 hours, and 4 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, 2 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $450,000 with 29 days average market time, last week $429,630 with 30 days average market time.

2024 by the month

Month               New   Closed   Under contract

January              576       523             599

February             637       416             691

March                  674       612             792

April                    800      688             801

May                    1077     1002           1075

June                    1009      906             918

July                       464      369             417

Totals                  5237     4516          5293

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 2023 and 2022 so you have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions.

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

All data provided today is downloaded from our MLS, MRED, LLC.

Fox Valley home prices July 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 July 6th

Fox Valley home prices July 6th

Fox Valley home prices July 6th.  I hope you are enjoying the 4th of July weekend.  80’s this week with a couple of days of rain.

New listings this week are way down.  165 this week compared to 269 the previous week.

Closed listings are also way down.  175 this week compared to 249 the previous week.

Aurora-New 24 $130,000-$1,200,000

             Closed-20 $245,000-$845,000

Bolingbrook-New 5 $270,000-$465,000

                      Closed-11 $280,000-$875,000

Elgin-New 14 $189,900-$1,190,000

          Closed-10 $282,000-$725,000

Naperville-New 23 $475,000-$2,299,900

                   Closed-30 $437,000-$1,600,000

Oswego-New 8 $349,900-$750,000

               Closed-10 $285,000-$565,000

Plainfield-New 33 $325,000-$725,000

                  Closed-23 $322,000-$685,000

St Charles-New 9 $365,000-$1,295,000

                   Closed-16 $367,450-$907,500

These are the communities with the most activity this week.  Other communities also had activity.  You can see the price ranges in those communities in the photo above.

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

Median list price this week $474,995, last week $492,370.

Closed median prices this week $460,000, last week $474,625.

Stats 070624
Stats for week ending July 6th

Conventional financing was used to close on 137 homes this week at median price $477,000 with 23 days average market time, last week 179 homes at median price $515,000 with 37 days average market time.

Conv 070624
Conventional financing used to close for week ending July 6th

Cash was used to close on 18 homes this week at median price $397,500 with 36 days average market time, last week 42 homes at median price $448,151 with 23 days average market time. 

Cash 070624
Cash used to close for week ending July 6th

FHA financing was used to close on 15 homes this week at median price $368,700 with 21 days average market time, last week 19 homes at median price $332,000 with 36 days average market time.

FHA 070624
FHA financing used to close for week ending July 6th

VA financing was used to close on 5 homes this week at median price $480,000 with 14 days average maket time, last week 7 homes at median price $440,000 with 39 days average market time.

VA 070624
VA financing used to close for week ending July 6th

2,000 SF or more closed on 120 homes this week at median price $530,000 with 26 days average market time, last week 165 homes at median price $565,641 with 36 days average market time.   Minimum price this week $179,900, last week $328,600.

2000 SF or more 070624
2,000 SF or more closed for week ending July 6th

78% of the homes closed this week used conventional financing.  This is a holiday week so the overall numbers are down.

Under contract this week

Homes that went under contract this week are consistent even with the holiday.  229 this week compared to 233 the previous week.

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

Aurora-30                      Elgin-24

Naperville-42                 Oswego-14

Plainfield-25                   St Charles-14

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

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

Median price of homes that went under contract this week $429,630 with 30 days average market time, last week $450,000 with 35 days average market time.

Under contract stats 070624
Under contract stats for week ending July 6th

2024 by the month

Month                 New   Closed   Under contract

January                576       523             599

February              637       416              691

March                   674       612              792

April                    800       688              801

May                    1077     1002             1075

June                    1009      906              918

July                       165        175             229

Totals                 4938     4322            5105

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 look back at 2023 and 2022 so you have something to compare to.

Contact us

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

Here are some great resources for you to check out.  Click on everything that is bold and underlined to take you to the information.

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

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

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 price June 29th

Fox Valley home prices June 29th

Fox Valley home prices June 29th.  It is going to be hot and humid today with a high of 89.  This next week should be the high 70’s to mid 80’s.  Summer is here!

New listings this week are up.  269 this week compared to 243 the previous week.

Aurora-New 31 $156,000-$740,000

             Closed-29 $181,000-$854,000

Bolingbrook-New 12 $289,000-$680,000

                      Closed-9 $275,000-$530,000

Elgin-New 33 $219,900-$799,900

          Closed-32 $150,100-$610,990

Geneva-New 9 $415,000-$1,250,000

              Closed-15 $360,000-$1,375,000

Naperville-New 47 $439,000-$1,598,000

                   Closed-45 $335,000-$3,100,000

Oswego-New 14 $350,000-$749,900

               Closed-10 $285,000-$700,000

Plainfield-New 31 $275,000-$1,150,000

                 Closed-21 $245,000-$1,000,000

South Elgin-New 7 $305,000-$985,000

                    Closed-11 $330,000-$590,826

St Charles-New 21 $315,000-$3,150,000

                  Closed-11 $280,000-$850,000

Check out the price ranges of other communities that also had activity this week in photo above.

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

Median list price this week $492,370, last week $475,000

Closed median price this week $474,625, last week $475,000

Stats 062924
Stats for week ending June 29th

Conventional financing was used to close on 179 homes this week at median price $515,000 with 37 days average market time,  last week 153 homes at median price $490,000 with 23 days average market time.

Conv 062924
Conventional financing used to close for week ending June 29th

Cash was used to close on 42 homes this week at median price $448,151 with 23 days average market time, last week 33 homes at median price $485,000 with 17 days average market time.

Cash 062924
Cash used to close for week ending June 29th

FHA financing was used to close on 19 homes this week at median price $332,000 with 36 days average market time, last week 12 homes at median price $379,250 with 18 days average market time.

FHA 062924
FHA financing used to close for week ending June 29th

VA financing was used to close on 7 homes this week at median price $440,000 with 39 days average market time, last week 5 homes at median price $439,000 with 21 days average market time.

VA 062924
VA financing used to close for week ending June 29th

2,000 SF or more closed on 165 homes at median price $565,641 with 36 days average market time, last week 145 homes at median price $539,000 with 22 days average market time.  Minimum price this week $328,600, last week $175,000.

2000 SF or more 062924
2,000 SF or more closed for week ending June 29th

Almost 72% of homes closed this week used Conventional financing.  If you add in cash to conventional financing it is just under 89%.

Under contract this week

Homes that went under contract this week are consistent.  233 this week compared to 234 the previous week.  

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

Aurora-26                               Bolingbrook-14

Elgin-30                                  Geneva-11

Naperville-37                          Plainfield-33

St Charles-12

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

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, 3 with 48 hours, and 2 with 24 hours.

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

Under contract this week median price this week $450,000 with 35 days average market time, last week $471,935 with 35 days average market time.

Under contract stats 062924
Under contract stats for week ending June 29th

2024 by the month and a look back at 2023 and 2022

2024

Month            New   Closed    Under contract

January           576       523             599

February         637       416              691

March              674       612              792

April                800      688              801

May                1077     1002            1075 

June               1009      906              918     

Totals             4773     4147            4876

2023

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

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  Usually we do not do all 3 years every Saturday.  Just at the end of each month.

Contact us

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

Check out some great resources.  Click on everything that is bold and underlined and it will take you to the information.  Let us know if you are looking for information not listed here.

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

Fox Valley home prices June 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 June 22nd

Fox Valley home prices June 22nd

Fox Valley home prices June 22nd.  Another hot and humid day today then we will will go back to the mid 80’s.

New listings this week are down.  243 this week compared to 271 the previous week.

Closed listings are also down.  205 this week compared to 231 the previous week.

Aurora-New 29 $200,000-$860,000

             Closed-23 $243,000-$740,000

Bolingbrook-New 20 $275,000-$850,000

                      Closed-13 $232,850-$530,000

Elgin-New 21 $200,000-$698,000

          Closed-19 $169,900-$1,060,000

Geneva-New 8 $405,000-$995,000

              Closed-12 $310,000-$998,500

Naperville-New 35 $395,000-$2,499,900

                   Closed-35 $430,000-$1,700,000

Oswego-New 12 $299,900-$700,000

               Closed-7 $265,000-$590,000

Plainfield-New 44 $254,900-$1,799,999

                  Closed-28 $331,500-$930,000

St Charles-New 16 $311,000-$1,200,000

                  Closed-1 $360,150-$2,200,000

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

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

Median list price this week $475,000, last week $485,000

Closed median price this week $475,000, last week $480,000.

Stats 062224
Stats for week ending June 22nd

Conventional financing used to close on 153 homes this week at median price $490,000 with 23 days average market time, last week 165 homes at median price $492,000 with 34 days average market time.

Conv 062224
Conventional financing used to close for week ending June 22nd

Cash was used to close on 33 homes this week at median price $485,000 with 17 days average market time, last week 37 homes at median price $520,000 with 40 days average market time.

Cash 062224
Cash used to close for week ending June 22nd

FHA financing was used to close on 12 homes this week at median price $379,250 with 18 days average market time, last week 19 homes at median price $325,000 with 16 days average market time.

FHA 062224
FHA financing used to close for week ending June 22nd

VA financing was used to close on 5 homes this week at median price $439,000 with 21 days average market time, last week 6 homes at median price $438,445 with 14 days average market time.

VA 062224
VA financing used to close for week ending June 22nd

2,000 SF or more closed on 145 homes this week at median price $539,000 with 22 days average market time, last week 144 homes at median price $552,500 with 39 days average market time.  Minimum price this week $175,000, last week $276,900.

2000 SF or more 062224
2000 SF or more for week ending June 22nd

A little over 74% of homes closed this week used Conventional financing and a little over 70% of homes were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent.  234 this week compared to 224 the previous week.

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

Aurora-28                           Bolingbrook-19

Elgin-22                              Naperville-35

Oswego-17                          Plainfield-29

St Charles-21

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

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

That is only 12 out of 234 that went under contract that were contingent on either a closing or a sale and closing.  Not many at all.

Median price of homes that went under contract this week $471,935 with 35 days average market time, last week $452,500 with 32 days average market time.

Under contract stats 062224
Under contract stats for week ending June 22nd

2024 by the month

Month                 New   Closed   Under contract

January                576       523           599

February              637       416            691

March                   674       612            792

April                     800       688           801

May                     1077      1022         1075

June                       740       657           685

Totals                  4504     3918         4643

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 2023 and 2022 so you have something to compare to.

Contact us

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

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

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

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

Fox Valley home prices June 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 June 15th

Fox Valley home prices June 15th

Fox Valley home prices June 15th.  It is a gorgeous day today.  It is going to be in the upper 80’s and low 90’s for the next week.

New listings this week are up.  271 this week compared to 226 the previous week.

Closed listings are consistent.  231 this week compared to 221 the previous week.

Aurora-New 25 $69,000-$799,900

             Closed-18 $247,000-$763,500

Batavia-New 7 $430,000-1,295,000

               Closed-10 $247,000-$805,000

Bolingbrook-New 18 $209,900-$715,068

                      Closed-16 $276,900-$640,000

Elgin-New 26 $160,000-$725,000

          Closed-31 $79,900-$789,000

Geneva-New 8 $285,000-$674,900

              Closed-14 $340,000-$1,600,000

Naperville-New 60 $449,000-$2,274,000

                   Closed-40 $430,000-$1,500,000

Oswego-New 12 $295,000-$619,900

               Closed-9 $315,000-$662,390

Plainfield-New 43 $260,000-!,275,000

                 Closed-32 $345,000-$695,000

St Charles-New 17 $345,000-$1,740,000

                  Closed-12 $331,200-$785,000

Yorkville-New 12 $149,900-$759,900

                Closed-10 $300,000-$620,000

Look at the other communities that had activity this week in the photo above.  We just highlighted the ones with the most activity.

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

Median list price this week for the Fox Valley area of Illinois $485,000, last week $467,912.

Closed median price this week $480,000, last week $460,000.

Stats 061524
Stats for week ending June 15th

Conventional financing was used to close on 165 homes this week at median price $492,000 with 34 days average market time, last week 173 homes at median price $470,990 with 28 days average market time.

Conv 061524
Conventional financing used to close for week ending June 15th

Cash was used to close on 37 homes this week at median price $520,000 with 40 days average market time, last week 25 homes at median price $535,000 with 58 days average market time.

Cash 061524
Cash used to close for week ending June 15th

FHA financing was used to close on 19 homes this week at median price $325,000 with 16 days average market time, last week 17 homes at median price $362,000 with 41 days average market time.

FHA 061524
FHA financing used to close for week ending June 15th

VA financing was used to close on 6 homes this week at median price $438,445 with 14 days average market time, last week 6 homes at median price $360,000 with 36 days average market time.

VA 061524
VA financing used to close for week ending June 15th

2,000 SF or more closed on 144 homes at median price $552,500 with 39 days average market time, last week 136 homes at median price $544,000 with 35 days average market time.  Minimum price this week $276,900, last week $259,100.

2000 SF or more 061524
2000 SF or more homes closed for week ending June 15th

Until more homes come on the market or more homes are built in every price range I think we are going to see buyers use Conventional financing or cash to get their offer accepted.  This week Conventional 165 + Cash 37 = 202 which represented 87% of the homes closed this week.

Under contract this week

Homes that went under contract this week are consistent.  224 this week compared to 227 the previous week.

Fox Valley home prices June 15th-Under contract this week

Aurora-30                       Bolingbrook-22

Elgin-19                           Naperville-34

Plainfield-22                   St Charles-18

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 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, 2 with 48 hours, and 1 with 24 hours.

This is 11 homes out of 224 that went under contract that have a contingency of a home to close or sell and close.

Median price of homes that went under contract this week $452,500 with 32 days average market time, last week $449,900 with 31 days average market time.

Under contract stats 061524
Under contract stats for week ending June 15th

2024 by the month

Month                      New   Closed   Under contract

January                     576        523           599

February                   637        416            691

March                        674        612            792

April                          800       688            801

May                          1077      1002          1075

June                            497        452           451

Totals                       4261      3693         4409

Numbers are going up each month.  We are headed in the right direction.

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 2023 and 2022.

Contact us

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

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

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

Let us know if you would like to schedule a zoom meeting to ask questions and get started.

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

Fox Valley home prices June 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 June 8th

Fox Valley home prices June 8th

Fox Valley home prices June 8th.  This is the first full week of June.  Temperatures will range from the mid 70’s to upper 80’s this week.

New listings this week are consistent.  226 this week compared to 219 the previous week.

Closed listings are also consistent.  221 this week compared to 218 the previous week.

Aurora-New 35  $125,000-$729,900

             Closed-21 $175,000-$1,025,000

Bolingbrook-New 14 $285,000-$675,000

                      Closed-14 $240,000-$1,280,000

Elgin-New 16 $249,000-$799,900

          Closed-24 $238,000-$688,110

Geneva-New 10 $309,900-$2,975,000

              Closed-8 $289,000-$725,000

Naperville-New 34 $459,900-$1,995,000

                   Closed-35 $360,000-$1,587,500

Oswego-New 10 $400,000-$717,900

               Closed-6 $264,000-$530,000

Plainfield-New 24 $250,000-$695,900

                  Closed-25 $260,000-$624,757

St Charles-New 19 $300,000-$2,100,000

                   Closed-23 $246,000-$1,488,000

We highlighted the communities with the most activity this week.  Look at photo above for communities that also had activity

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

Median list price this week $467,912, last week $479,900.

Closed median price this week $460,000, last week $447,500.

Stats 060824
Stats for week ending June 8th

Conventional financing was used to close on 173 homes this week at median price $470,990 with 28 days average market time, last week 168 homes at median price $470,000 with 26 days average market time.

Conv 060824
Conventional financing used to close for week ending June 8th

Cash was used to close on 25 homes at median price $535,000 with 58 days average market time, last week 27 homes at median price $500,000 with 29 days average market time.

Cash 060824
Cash used to close for week ending June 8th

FHA financing was used to close on 17 homes at median price $362,000 with 41 days average market time, last week 15 homes at median price $365,000 with 42 days average market time.

FHA 060824
FHA financing used to close for week ending June 8th

VA financing was used to close on 6 homes this week at median price $360,000 with 36 days average market time, last week 7 homes at median price $384,500 with 19 days average market time.

VA 060824
VA financing used to close for week ending June 8th

2,000 SF or more closed on 136 homes this week at median price $544,000 with 35 days average market time, last week 141 homes at median price $545,000 with 29 days average market time. Minimum price this week $259,100, last week $235,000.

2000 SF or more 060824
2,000 SF or more closed for week ending June 8th

Not many closed this week used FHA.

Under contract this week

Homes that went under contract this week are slightly up.  227 this week compared to 194 the previous week.

Fox Valley home prices June 8th-Under contract this week

Aurora-21                           Bolingbrook-11

Elgin-29                              Naperville-41

Plainfield-22                       St Charles-19

1 short sale was accepted by a seller this week.  It was in Waterman.  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 each with a kick-out clause of 72, 48 and 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 5 with 48 hours.

One we don’t know the timing of the kick-out clause or if it is contingent on the closing or sale and closing.

Median price of homes under contract this week $449,900 with 31 days average market time, last week $469,585 with 32 days average market time.

Under contract stats 060824
Under contract stats for week ending June 8th

2024 by the month

Month              New   Closed    Under contract

January             576       523             599

February           637       416              691

March                674       612              792

April                  800       688             801

May                  1077      1002           1075

June                    226        221             227

Totals               3990      3462           4185

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 2023 and 2022.

Contact us

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

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

Let us know if there is any other information you are looking for.

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

Fox Valley home prices June 8th.  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 1st

Fox Valley home prices June 1st

Fox Valley home prices June 1st.  No need to water garden or flowers today.  It is raining.  First part of the week it is going to be hot in the 80’s and then back to mid 70’s.

New listings this week are up slightly.  219 this week compared to 193 the previous week.

Closed listing are also slightly up.  218 this week compared to 188 the previous week.

Aurora-New 17 $195,000-$859,900

             Closed-16 $175,000-$671,000

Bolingbrook-New 10 $334,900-$639,900

                      Closed-13 $285,000-$620,000

Elgin-New 21 $225,000-$1,695,000

          Closed-25 $108,000-$626,000

Geneva-New 8 $430,000-$1.300,000

              Closed-14 $260,000-$740,000

Naperville-New 43 $350,000-$2,625,000

                   Closed-38 $270,000-$1,630,000

Plainfield-New 27 $285,000-$699,900

                  Closed-32 $270,000-$942,000

St Charles-New 17 $200,000-$725,000

                  Closed-16 $272,000-$1,350,000

Yorkville-New 13 $295,000-$1,077,720

                 Closed-12 $384,990-$639,900

These are the communities with the most activity this week.  Other communities also had activity.  You can see the price ranges of those communities in the photo above.

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

Median list price this week $479,900, last week $455,000.

Closed median price this week $447,500, last week $464,950.

Stats 060124
Stats for week ending June 1st

Conventional financing was used to close on 168 homes this week at median price $470,000 with 26 days average market time, last week 138 homes at median price $486,500 with 22 days average market time.

Conv 060124
Conventional financing used to close for week ending June 1st

Cash was used to close on 27 homes this week at median price $500,000 with 29 days average market time, last week 38 homes at median price $437,500 with 24 days average market time.

Cash 060124
Cash used to close for week ending June 1st

FHA financing was used to close on 15 homes this week at median price $365,000 with 42 days average market time, last week 10 homes at median price $316,000 with 23 days average market time.

FHA 060124
FHA financing used to close for week ending June 1st

VA financing was used to close on 7 homes this week at median price $384,500 with 19 days average market time, last week 1 home at $500,000 with 6 days average market time.

VA 060124
VA financing used to close for week ending June 1st

2,000 SF or more closed on 141 homes this week at median price $545,000 with 29 days average market time, last week 123 homes at median price $560,000 with 26 days average market time.  Minimum price this week $235,000, last week $270,000.

2000 SF or more 060124
2,000 SF or more for week ending June 1st

Conventional financing + Cash = 89% of homes closed this week. Only 22 homes out of the 218 were FHA or VA.   If your loan officer is pre approving you for FHA find out what you can do to change it to Conventional.  See if it is credit score or what.

Under contract this week

Homes under contract this week are down slightly.  194 this week compared to 218 the previous week.

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

Aurora-27                      Bolingbrook-12

Elgin-22                         Naperville-32

Oswego-11                     Plainfield-20

St Charles-11                  Yorkville-11

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, 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.  1 with kick-out clause of 48 hours and also 1 with 24 hours.

Median price of homes that went under contract this week $469,585 with 32 days average market time, last week $455,000 with 35 days average market time.

Under contract stats 060124

2024 and a look back at 2023 and 2022

2024

Month             New   Closed   Under contract

January            576        523            599

February          637        416             691

March               674        612             792

April                 800       688             801

May                 1077      1002           1075

Totals              3764      3241           3958

2023

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

We are heading in the right direction for new listings but we still need more in every price range to meet buyer’s needs.

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

Contact us

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

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

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

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

Fox Valley home prices June 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 11th

Fox Valley home prices May 11th

Fox Valley home prices May 11th.  It is a gorgeous day today and it looks like it will be from low 60’s to 80 for the next week.

New listings this week are the same.  205 this week compared to 205 the previous week.

 Closed listings are way down.  163 this week compared to 251 the previous week.

Aurora-New 21 $190,000-$659,900

             Closed-18 $156,100-$752,864

Bolingbrook-New 12 $315,00-$600,000

                      Closed-11 $230,000-$525,000

Elgin-New 13 $275,000-$975,995

          Closed-22 $255,000-$890,000

Geneva-New 13 $339,900-$949,900

               Closed-4 $255,000-$1,100,000

Naperville-New 36 $349,000-$1,635,600

                   Closed-26 $426,000-$1,275,000

Plainfield-New 33 $314,900-$989,900

                  Closed-13 $300,000-$708,475

St Charles-New 16 $400,000-$3,250,000

                   Closed-8 $275,000-$690,000

To see the other communities that had activity this week look at the photo above.

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

Median list price this week $474,950, last week $454,995.

Closed median price this week $434,900, last week $456,000.

Stats 051124
Stats for week ending May 11th

Conventional financing was used to close on 128 homes this week at median price $469,995 with 29 days average market time, last week 196 homes at median price $475,000 with 27 days average market time.

Conv 051124
Conventional financing used to close for week ending May 11th

Cash was used to close on 19 homes this week at median price $409,000 with 13 days average market time, last week 26 homes at median price $385,750 with 30 days average market time.

Cash 051124
Cash used to close for week ending May 11th

FHA financing was used to close on 11 homes this week at median price $332,000 with 28 days average market time, last week 18 homes at median price $338,000 with 16 days average market time.

FHA 051124
FHA financing used to close for week ending May 11th

VA financing was used to close on 5 homes at median price $379,990 with 15 days average market time, last week 10 homes at median price $414,500 with 24 days average market time.

VA 051124
VA financing used to close for week ending May 11th

2,000 SF or more closed on 89 homes this week at median price $529,900 with 37 days average market time, last week 162 homes at median price $535,250 with 29 days average market time.  Minimum price this week $270,000, last week $210,000.

2000 SF or more 051124
2,000 SF or more closed for week ending May 11th

Conventional financing again continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  211 this week compared to 223 the previous week.

ox Valley home prices May 11th-Under contract this week

Aurora-17                          Bolingbrook-14

Elgin-22                             Naperville-32

Oswego-13                        Plainfield-23

St Charles-13

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. 1 with a kick-out clause of 72 hours and 7 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, 3 with 48 hours, and 1 with 24 hours.

Median price under contract this week $460,000 with 35 days average market time, last week $450,000 with 36 days average market time.

2024 by the month

Month               New   Closed   Under contract

January              576        523           599

February            637        416            691

March                 674        612            792

April                   800        688           801

May                    410         414           434

Totals                3097      2653          3317

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 2023 and 2022.

Contact us

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

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

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

Fox Valley home prices May 11th.  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 4th

Fox Valley home prices May 4th

Fox Valley home prices May 4th.  Today it is going to be 81 degrees.  It should be from mid 60’s to mid 70’s for the next couple of weeks.  

Hummingbirds have come back.  Lawns are being mowed.  I love Spring!

New listing this week are consistent.  205 this week compared to 196 the previous week.

Closed listing are way up.  251 this week compared to 175 the previous week.

Aurora-New 14 $180,000-$575,000

             Closed-26 $210,000-$875,000

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

               Closed-16 $286,000-$830,000

Bolingbrook-New 14 $285,000-$799,971

                      Closed-23 $180,000-$1,130,000

Elgin-New 22 $249,900-$765,000

          Closed-32 $140,000-$2,350,000

Naperville-New 32 $425,000-$2,399,000

                   Closed-44 $290,000-$1,550,000

Oswego-New 7 $450,000-$1,800,000

               Closed-10 $405,000-$630,634

Plainfield-New 26 $289,900-$949,000

                  Closed-22 $310,000-$689,900

St Charles-New 22 $297,000-$1,500,000

                  Closed-18 $200,000-$1,710,000

Yorkville-New 5 $340,990-$549,900

                 Closed-10 $315,000-$652,000

These are the communities with the most activity this week.  Other communities also had activity.  You can see those in the photo above.  If you are not finding the price range you are looking for let me know.  We will find it.

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

Median list price this week $454,995, last week $469,990.

Closed median price this week $456,000, last week $450,000.

Stats 050424
Stats for week ending May 4th

Conventional financing was used to close on 196 homes this week at median price $475,000 with 27 days average market time, last week 130 homes at median price $442,495 with 44 days average market time.

Conv 050424
Conventional financing used to close for week ending May 4th

Cash was used to close on 26 homes this week at median price $385,750 with 30 days average market time, last week 26 homes at median price $511,500 with 33 days average market time.

Cash 050424
Cash used to close for week ending May 4th

FHA financing was used to close on 18 homes this week at median price $338,000 with 16 days average market time, last week 9 homes at median price $375,000 with 30 days average market time.

FHA 050424
FHA financing used to close for week ending May 4th

VA financing was used to close on 10 homes this week at median price $414,500 with 24 days average market time, last week 9 homes at $435,000 with 24 days average market time.

VA 050424
VA financing used to close for week ending May 4th

2,000 SF or more closed on 162 homes this week at median price $535,250 with 29 days average market time, last week 114 at median price $507,500 with 49 days average market time.  Minimum price this week $210,000, last week $309,000.

Conventional financing will be the way to go until more homes come on the market and there are not so many buyers.

Under contract this week

Homes that went under contract this week are up slightly.  223 this week compared to 196 the previous week.

Fox Valley home prices May 4th-Under contract this week

Aurora-17                  Bolingbrook-15

Elgin-35                    Geneva-13

Naperville-28            Plainfield-39

St Charles-18

These are the communities that seller’s accepted the most contracts.  Look at photo above to see other communities.

There were no short sales 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 72 hours and 4 with 48 hours.

Also, Sellers 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 $450,000 with 36 days average market time, last week $457,500 with 32 days average market time.

Under contract stats 050424
Under contract stats for week ending May 4th

2024 by the month

Month         New   Closed   Under contract

January        576      523             599

February      637      416              691

March           674      612              792

April             800     688              801

May              205     251               223

Totals          2892   2490             3106

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 at 2023 and 2022 so you have something to compare to.

Contact us

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

Here are some great resources to check out.  Click on everything that is bold and underlined to take you to the site for the information.

You need to be patient with this market but ready to go as soon as a home hits the market or you will lose out on it.

Getting pre-qualified with a loan officer is a must.  A seller will not want to guess if you can buy their home. 

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 27th

Fox Valley home prices April 27th

Fox Valley home prices April 27th.  Stormy and warm today.  It is supposed to be in the 70’s all week.

New listing this week are consistent.  196 this week compared to 208 the previous week.

Closed listings are also consistent.  175 this week compared to 169 the previous week.

Aurora-New 13 $229,900-$750,000

             Closed-18 $180,000-$745,000

Bolingbrook-New 10 $289,000-$874,534

                      Closed-8 $154,241-665,000

Elgin-New 24 $169,900-$1,185,000

          Closed-14 $229,000-$600,990

Naperville-New 38 $270,000-$1,800,000

                   Closed-30 $345,000-$3,700,000

Plainfield-New 21 $315,000-$509,990

                  Closed-25 $280,000-$585,000

St Charles-New $379,000-$1,349,880

                  Closed-9 $316,000-$1,265,000

These are the communities with the most activity this week.  Other communities had activity.  See the price ranges in those communities in the photo above.

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

Median list price this week $469,990, last week $453,990.

Closed median price this week $450,000, last week $442,000.

Stats 042724
Stats for week ending April 27th

Conventional financing was used to close on 130 homes this week at median price $442,495 with 44 days average market time, last week 132 homes at median price $470,000 with 29 days average market time.

Conv 042724
Conventional financing used to close for week ending April 27th

Cash was used to close on 26 homes this week at median price $511,500 with 33 days average market time, last week 29 homes at median price $375,000 with 47 days average market time.

Cash 042724
Cash used to close for week ending April 27th

FHA financing was used to close on 9 homes this week at median price $375,000 with 30 days average market time, last week 4 homes at median price $317,500 with 37 days average market time.

FHA 042724
FHA financing used to close for week ending April 27th

VA financing was used to close on 9 homes this week at median price $435,000 with 24 days average market time, last week 2 homes at median price $452,500 with 7 days average market time.

VA 042724
VA financing used to close for week ending April 27th

2,000 SF or more closed on 114 homes this week at median price $507,500 with 49 days average market time, last week 99 homes at median price $542,500 with 33 days average market time.  Minimum price this week $309,000, last week $120,000.

2000 SF or more 042724
2,000 SF or more homes closed for week ending April 27th

Conventional financing continues to be the most used way to close.

Under contract this week

Homes that went under contract this week are slightly down.  196 this week compared to 217 the previous week.

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

Aurora-21                          Bolingbrook-16

Elgin-19                             Geneva-10

Naperville-31                     Plainfield-37

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 accepte.

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

Median price of home that went under contract this week $457,500 with 32 days average market time, last week $449,990 with 36 days average market time.

Under contract stats 042724
Under contract stats for week ending April 27th

2024 by the month and a look back at 2023 and 2022

2024

Month           New    Closed    Under contract

January          576         523              599

February        637         416               691

March             674         612               792

April               800        688              801

Totals            2687       2239           2883

2023

January          483         326              470

February        630         526              789

March             555         558              726

April               710          617              755

Totals           2378        2027            2740

2022

January          422         492              623

February        523         520              724

March            734          904             890

April             1168          966            1334

Totals           2847        2882            3571

Monday is the last day of the month but we will put it on May’s totals.  Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

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

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

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

Fox Valley home prices April 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