11 23 19 Market Update Fox Valley

11 23 19 Market Update Fox Valley

11 23 19 Market update Fox Valley.  New listing this week were down.  166 this week compared to 193 the week before.  Not good for buyers that are still out looking.  Things are still active so I hope that most people that are thinking about selling are just waiting to get to the other side of the Thanksgiving holiday.

Closed listings were up this week.  224 this week compared to 173 the week before.  We are getting to the end of the month. when most buyers want to close.

Take a look at the communities that had the most activity this week:

Aurora-New 16 $114,900-$450,000

            Closed-39 $61,000-$410,000

Bolingbrook-New 12 $174,900-$449,954

                    Closed-20 $129,000-$355,000

Geneva-New 6 $239,900-$595,000

            Closed-10 $330,000-$1,100,000

Naperville-New 37 $235,000-$1,790,000

                Closed-33 $261,000-$1,225,000

Plainfield-New 29 $188,000-$599,900

               Closed-27 $165,000-$458.000

St Charles/Campton Hills-

               New-14 $225,000-$1,100,000

               Closed-New 21 $190,000-$900,000

Yorkville-New 8 $195,000-$349,000

              Closed-13 $232,000-$450,000

Contracts accepted this week

11 23 19 Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week were very consistent.  177 this week compared to 178 the week before.  We love consistency!  You can’t get more consistent than that.  Next week the numbers will be off because of the holiday.

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

Aurora-16        Batavia-10      Bolingbrook-14

Naperville-37   Oswego-10     Plainfield-20

St Charles/Campton Hills-10   West Chicago-11

Only 2 short sales accepted this week 1 each in Aurora and Bolingbrook.  Now they will be submitted to the lender to see if they will also accept contract price and terms.

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

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

2019 activity by the month

Month              New         Closed         Contracts accepted

January            878            407                      608

February       1,032            465                      832

March           1,731            915                   1,375

April             1,594            790                   1,307

May              2,004         1,391                  1,665

June             1,643         1,253                  1,218

July              1,423         1,029                  1,090

August         1,585         1,403                  1,211

September   1,164            765                     869

October       1,259            957                     959

November      579            573                     523

Total         14,892        9,948                11,657

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will guide you through the process whether buying/selling a home.

If you are thinking about selling we will be do a market analysis on your home to let you know what it is worth is today’s market.  Provide you with a net proceeds that shows you the expenses to sell your home.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Thinking about buying a home?  Your first step is to get pre-qualifed with a loan officer so you know what type of loan and the price range that will work out best for you.

Check out some great resources:

11 23 19 Market update Fox Valley.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

Check out another way to search for a home.  You can sign up for free!  Change it to satellite view and check out the property and where it is located within the neighborhood.  If you need help using this great program let me know and I can do a video call and share my screen and guide you through it..

11 9 2019 Market Update Fox Valley

11 9 2019 Market Update Fox Valley

11 9 2019 market update Fox Valley.  New listings of single family homes stayed consistent this week.  220 this week compared to 218 the week before.  We love a consistent market!  Maybe you will see something that fits your criteria for a home.

Closed listings of single family homes was down this week.  176 this week compared to 219 the week before.  That is the difference between the beginning of the month and the end of the month when most buyers want to close.

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

Aurora-New 34 $90,000-$500,000

            Closed-29 $100,001-$597,500

Bolingbrook-New 12 $174,900-$439,000

                    Closed-15 $135,000-$376,000

Geneva-New 12 $265,000-$744,900

             Closed-9 $162,500-$679,000

Naperville-New 31 $269,750-$1,025,000

                 Closed-24 $273,000-$1,040,000

Oswego-New 13 $198,000-$430,000

             Closed-11 $186,000-$925,000

Plainfield-New 30 $164,900-$590,000

                Closed-22 $145,000-$480,000

St Charles/Campton Hills-  

               New-11 $325,000-$769,900

               Closed-12 $255,000-$585,000

Yorkville-New 11 $234,900-$479,900

              Closed-3 $212,000-$240,000

Contracts accepted this week

11 9 19 Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week by sellers was down this week. 168 this week compared to 183 the week before.  Now is the time to make sure you price your home right from the beginning.

Look at the communities that sellers accepted the most contracts:

Aurora-26           Bolingbrook-11         Naperville-33

Oswego-10         Plainfield-20

5 short sales were accepted this week on single family homes. 2 in Yorkville and 1 each in Aurora, Plainfield and St Charles/Campton Hills.  Now they will be submitted to the lender to see if they will also accept.

Contracts were accepted by sellers on single family homes that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 2 with 48 hours and 4 with 24 hours.

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

2019 by the month for new listings, closed and contracts accepted

Month              New         Closed           Contracts accepted

January              878          407                      608

February         1,032          465                      832

March             1,731          915                  1,375

April               1,594          790                  1,307

May                2,004       1,391                 1,665

June               1,643       1,253                  1,218

July                1,423       1,029                  1,090

August           1,585       1,403                  1,211

September     1,164          765                     869

October         1,259          957                     959

November        220           176                    168

Total           14,533        9,551              11,302

Some of these new listings of single family homes are listed as new then after a couple months are canceled and relisted as new again so tht figure might not be correct as far as how many homes were listed as new.  They might of been counted twice or more.  Not all contracts accepted end up closing.  Buyer might have trouble getting financing or during the attorney review and inspection period issues sometimes can come up that do not get resolved.  It is very important to have a good REALTOR® and real estate attorney to help resolve any issues that come up.  Most can be resolved if handled correctly.  Others will take too much time to resolve so everyone moves on.

Contact us

Call us at 630-503-6555 Kristine Heiman, Managing Broker ext 101 or Bobby Burson, Broker ext 105.  Your goal is our goal. We will do everything we can to help you reach your goal. whether buying or selling a home.

Let us update the value of your home in today’s market.  We will provide you with a net proceeds that will give you an estimate of expenses to sell your home.  This will be updated again when an offer comes in and we know all the terms.

If you are thinking about buying a home your first step is to call a loan officer to get pre-qualified.  They will tell you what type of loan and what price range will work out best for you.  Do you need recommendations?  We will be happy to give you a few loan officers to contact so you can decide who you want to work with.

Check out some great resources:

Let us know what other information you are looking for.  We would be happy to point you in the right direction so all your questions will be answered.

11 9 2019 market update Fox Valley.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St 

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Sign up for another way to search for a home.  You can change it to satellite view and it also has a chat feature that you can connect with me.

10 26 2019 Market Update Fox Valley

10 26 2019-Market Update Fox Valley

10 26 2019 market update Fox Valley.  New listings of single family homes were significantly down this week.  216 this week compared to 259 the week before.  Not helpful for buyers that are still out looking.  It is still worth taking a look to see if one of them are the kind of home you have been waiting for.

Closed single family homes were slightly up this week.  171 this week compared to 167 the week before.  They should be up next week for the end of the month.

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

Aurora-New 29 $114,900-$379,900

            Closed-22 $103,500-$635,000

Bolingbrook-New 12 $174,500-$429,900

                    Closed-12 $148,000-$370,000

Montgomery-New 12 $174,900-$299,000

                     Closed-9 $130,000-$300,000

Naperville-New 41 $219,900-$1,542,000

                 Closed-26 $260,000-$1,812,500

Oswego-New 6 $199,900-$475,000

             Closed-15 $140,000-$375,000

Plainfield-New 33 $179,000-$729,900

               Closed-26 $154,900-$560,000

St Charles/Campton Hills-

               New-12 $364,900-$600,000

              Closed-13 $192,000-$525,000

Yorkville-New 10 $139,900-$479,900

              Closed-9 $160,000-$410,000

Contracts accepted this week

10 26 2019-Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week on single family homes were very consistent this week.  196 this week compared to 193 the week before.  Even though the new listings of single family homes slowed down this week, the buyers out there ready to buy stayed consistent.  They did not slow down this week.

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

Aurora-37             Bolingbrook-13

Naperville-36        Oswego-10

Plainfield-25         St Charles/Campton Hills-15

Sellers accepted contracts this week that are contingent on the buyer closing on their current home.  8 with a kick-out clause of 72 hours, 13 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Market update Fox Valley by the month for 2019

Month             New       Closed       Contract accepted

January           878          407          608

February      1,032          465          832

March         1,731           915       1,375

April           1,594           790       1,307

May            2,004        1,391       1,665

June           1,643        1,253       1,218

July            1,423        1,029       1,090

August       1,585        1,403       1,211

September 1,164           765          869

October     1,041           738          776

Total        14,095        9,156    10,951

Not all homes that are listed sell.  They might need too much work and are not priced right.  Also, not all contracts that the seller accepts close.  Some of them do not get passed home inspection and attorney review period.  You need a good REALTOR® and real estate attorney that explains the process of the home inspection and expectations and can negotiate issues that come up.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Our goal is your goal.  We will do everything we can to meet your goals.

We can update your homes value in today’s market and provide you with a net proceeds. This shows you an estimate of the expenses to sell so you have an idea of where you are at.  This will be updated when an offer comes in and we know all the terms so you can makea decision.

If you are thinking about purchasing a home you need to talk to a loan officer to get pre-qualified to see what type of loan and the price range that works out best for you.  When you are finished we can start setting up homes to go and see.

Resources to check out:

We are here to guide you through the process of buying/selling a home.  Let us know what questions you have.  We want to help you meet your goals.

10 26 2019 market update Fox Valley.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Connect with us on facebook

 

10 19 2019 Market Update Fox Valley

10 19 2019 Market Update Fox Valley

10 19 2019 Market update Fox Valley.  We are having gorgeous weather right now here in Illinois.  Fox Valley market is still moving along. New listings of single family homes this week were down slightly.  259 this week compared to 275 the week before.

Closed listings of single family homes were consistent this week.  167 this week compared to 165 the week before.  Numbers should go up as we get closer to the end of the month.

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

Aurora-New 29 $69,000-$649,000

            Closed-23 $97,500-$420,000

Batavia-New 14 $228,500-899,900

             Closed-9 $135,200-$533,801

Bolingbrook-New 18 $139,900-$399,900

                     Closed-12 $140,000-$375,000

Geneva-New 16 $275,000-$848,900

             Closed-6 $212,000-$514,900

Montgomery-New 10 $155,000-$299,900

                     Closed-5 $165,000-$248,000

Naperville-New 33 $264,900-$2,250,000

                 Closed-23 $211,000-$1,265,000

Oswego-New 16 $122,000-$675,000

              Closed-7 $189,000-$468,000

Plainfield-New 35 $167,000-$925,000

               Closed-30 $170,000-$530,834

St Charles/Campton Hills-

               New-18 $214,900-$650,000

              Closed-10 $140,000-$425,000

Yorkville-New 12 $219,900-$495,000

              Closed-6 $160,000-$339,000

You should be able to click on the picture above to make it bigger so you can see how the other communities did and the price ranges.  Some communities are on this list every week.  They are more active.  This makes a difference when you are looking for a home.  You always have to think about resale.

Contracts accepted this week

10 19 2019-Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week were very consistent. 193 this week compared to 192 the week before.  Buyers are still out there looking.  If you price your home according to location and condition it should sell.  If not you will need to lower price or start fixing it up.  Not everyone looking wants to take on projects.

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

Aurora-24            Bolingbrook-13

Naperville-37       Plainfield-28       

St Charles/Campton Hills-15

Short sales accepted by sellers this week were still low.  5 this week.  1 each in Batavia, Bristol, Naperville, St Charles/Campton Hills and Sugar Grove. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts this week that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours and 12 with 48 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  7 with a kick-out clause of 48 hours.

2019 by the month

I think it is interesting to see the totals by the month for New listings of single family homes, closed and contracts accepted so you can see how they change.

2019 by the month:

                        New         Closed         Contracts accepted

January               878         407              608

February          1,032         465              832

March             1,731         915           1,375

April               1,594         790           1,307

May                2,004      1,391           1,665

June               1,643       1,253          1,218

July                1,423       1,029          1,090

August           1,585       1,403           1,211

September     1,164          765              869

October            825          567              580

Totals          13,879       8,985         10,755

Not all homes that come on the market sell.  Some of them cancel the listing or they either need to adjust price or make some updates.  Paint does wonders!

Contracts accepted does not mean they will close.  The majority of them do but some of them might run into issues with the home inspection that they can not come to an agreement.  Sometimes when they do a more in-depth credit check things show up that can’t be resolved in time. 

Having an experienced REALTOR® and good real estate attorney makes all the difference in getting through issues that come up.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Our goal is your goal.  We will do everything we can to help you reach your goal whether buying or selling a home.

Check our some resources:

Also check with your loan officer to see if they offer any help.  Sometimes they can combine help or offer better help with closing costs.

10 19 2019 market update Fox Valley.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

Another way to search for a home.  You can sign up for free and it also has a chat feature.  Let us know what you think.

10 12 19-Market Update Fox Valley

10 12 19-Market Update Fox Valley

10 12 19-market update Fox Valley.  New listings of single family homes was down this week.  275 this week compared to 291 the week before.  Season is changing and so is the market.  Things are still happening but at a little slower pace.  This might work out well for buyers that had a hard time competing with other buyers for a home.  Sellers need to make sure you are pricing your home right from the beginning.

Closed single family homes were also down this week.  165 this week compared to 235 the week before. It is the beginning of the month  and most buyers want to close at the end of the month.

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

Aurora-New 43 $125,000-$375,000

            Closed 21 $123,000-$549,000

Bolingbrook-New 16 $135,000-$334,900

                    Closed 14 $155,000-$470,000

Montgomery-New 10 $189,900-$399,500

                     Closed 9 $169,900-$307,999

Naperville-New 45 $269,750-$1,250,000

                 Closed 26 $260,000-$800,000

Oswego-New 14 $239,900-$650,000

              Closed 7 $149,000-$500,000

Plainfield-New 36 $169,900-$525,000

                Closed 18 $220,000-$393,060

St Charles/Campton Hills-

               New 26 $85,000-$1,700,000

              Closed 10 $189,000-$525,000

Sugar Grove-New 11 $225,000-$339,900

                    Closed 3 $210,000-$335,000

Yorkville-New 13 $220,000-$565,000

              Closed 4 $165,000-$325,000

Contracts accepted this week

10 12 19-Market Update Fox Valley-Contracts Accepted this week

Contracts accepted this week on single family homes was pretty consistent.  192 this week compared to 195 the week before.  Buyers are still out there looking and ready to go.

Look at the communities sellers accepted the most contracts this week:

Aurora-31                 Bolingbrook-19                     

Naperville-26            Oswego-10             

 Plainfield-27            St Charles/Campton Hills-19

4 short sales were accepted by sellers this week.  1 each in Aurora, Naperville,  Plainfield and Sugar Grove.

Sellers accepted contracts that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Market update Fox Valley by the month

New listings        Closed listings       Contracts accepted

January-878              407                     608

February-1,032         465                     832

March-1,731             915                     1,375

April-1,594               790                     1,307

May-2,004                1,391                  1,665

June-1,643                1,253                  1,218

July-1,423                 1,029                  1,090

August-1,585            1,403                  1,211

September-1,164      765                     869

October-566             400                     387

Contact us

Call us at 630-503-6555.  Our goal is your goal.  Let us know what your goal is and we will do everything we can to meet your goal. If we think is not attainable we will let you know why and if it is possible with some changes.

We are here to explain the process of buying or selling a home and guide you through the process.

Let us update the value of your home in today’s market. We will provide you with a net proceeds that is an estimate of expenses to sell.

Wanting to buy a home?  Your first step is to talk to a loan officer to see what type of loan and what price range will work out for you.  Then we can get started looking.  Let us know your time frame.

Check out some resources:

Also talk to your loan officer to see if they offer lender credits.

10 12 19-market update Fox Valley.  Have a great week!  Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Also another way to search for a home.  I would be happy to help you with this one.  I can share my page with you and show you how this one works.  It also has a chat feature.

Fox Valley Market Update September 28 2019

Fox Valley Market Update September 28 2019

Fox Valley market update September 28 2019. New listings of single family homes were down this week.  259 this week compared to 282 the week before.  The market is still good for buyers looking $200,000 and above.  Under that amount it is hard to find and you need to jump on them right away.  If your home is in that price range and you are thinking about selling now is the time.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2.004
  • June-1,643
  • July-1,423
  • August-1,585
  • September-1,164

          Total 13,054

Closed listings of single family homes were slightly up this week.  204 compared to 193 the week before.  Not the numbers we were seeing from May – August but still not bad.

Look at the closings of single family home by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-765

          Total-8,418

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

Aurora-New 34 $124,900-$430,000

            Closed-$89,917-$459,900

Batavia-New 10 $209,900-$599,995

             Closed-4 $211,450-$415,000

Bolingbrook-New 19 $147,900-$374,900

                    Closed-12 $189,000-$372,500

Geneva-New 17 $235,000-$625,000

             Closed-6 $324,900-$420,000

Naperville-New 49 $294,999-$1,750,000

                Closed-35 $200,000-$1,130,000

Oswego-New 8 $189,900-$330,000

             Closed-16 $170,000-$575,000

Plainfield-New 37 $139,888-$1,175,000

               Closed-27 $145,000-$1,772,000

St Charles/Campton Hills-New 20 $214,900-$1,500,000

                                         Closed-16 $141,850-$620,000

Yorkville-New 11 $239,000-$420,000

              Closed-8 $150,089-$540,000

These communities continue to be on the list for new listings and closed listings of single family homes  Is it the schools, location or what the community offers? It might be a combination of all three.

Contracts accepted this week

Fox Valley Market Update September 28 2019-Contracts accepted this week

Contracts accepted this week were slightly down this week on single family homes.  204 this week compared to 229 the week before.  That is not too bad.  I would say that is pretty consistent.

Communities this week with the most activity:

Aurora-35                                        Bolingbrook-27                                          Naperville-23

Oswego-12                                      Plainfield-27                                               St Charles/Campton Hills-11

Look at the contracts accepted for 2019 by the months:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211
  • September-869

          Total-10,175

There is a difference on contracts accepted and closed listings.  Not all contracts that get accepted close.  I thought you would be interested to see those numbers.  Is it the loan officers not pre-qualifying the buyers well enough?  Sometimes when they go to do a more in-depth credit check things come up that do not come up on the initial time they run it.  Some things can be resolved and others take more time.  Home inspections sometimes come up with issues that either will not work for the type of loan the buyer is going for or the issues could not be negotiated between buyer and seller that they both can agree on.  There are many issues that can come up so you can’t count on your home closing until it closes. That is hard when trying to plan on where you will be going if you are a seller.  Working with good lenders, REALTOR® and attorneys can make a big difference in how issues are negotiated and how hard they work on them to get resolved.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Our goal is your goal.  Once you let us know what you goal is we will do everything we can to help you reach it whether buying or selling a home.

Let us update the value on your home in today’s market.  We will provide you with a net proceeds so you can see an estimate of  expenses to sell your home so you will know about where you are at.

If you are thinking about purchasing a home the first step is to talk to a loan officer to get pre-qualified.  They will let you know what type of loan and the price range that will out best for you.

Check out some resources:

We are here to guide you through the process.  We will keep in contact the way you want to connect.

Fox Valley market update September 28 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for a home that you can sign up for free!  Click on the satellite view.  It also has a chat feature that you can connect with me to ask questions. Let us know what you think!

       

Fox Valley Market Update September 21 2019

Fox Valley Market Update September 21 2019

Fox Valley market update September 21 2019.    New listings of single family homes were just under 10% down this week.  282 new listings this week compared to 310 the week before.

2019 New listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,585
  • September so far-905

          Total-12,795

Closed listings this week were slightly up.  193 this week compared to 188 the week before.  It should increase more as we get closer to the end of the month when most buyers want to close.

Closed listings of single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-561

          Total-8,214

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

Aurora-New 38 $70,000-$699,000

            Closed-33 $87,000-$550,000

Batavia-New 10 $263,900-$998,500

             Closed-3 $352,000-$381,000

Bolingbrook-New 34 $159,900-$451,500

                     Closed-22 $155,000-$380,000

Geneva-New 10 $275,000-$819,000

             Closed-5 $265,000-$354,000

Naperville-New 54 $255,000-$1,450,000

                 Closed-34 $310,000-$850,000

Oswego-New 10 $214,900-$560,000

             Closed-16 $165,000-$575,000

Plainfield-New 32 $136,900-$750,000

                Closed-24 $150,000-$417,000

St Charles/Campton Hills-New 20 $159,900-$1,200,000

                                         Closed-12 $180,000-$735,000

Yorkville-New 14 $229,900-$619,900

              Closed-7 $118,000-$397,000

Contracts accepted this week

Fox Valley Market Update September 21 2019-Contracts accepted this week

Contracts accepted this week on single family homes were consistent this week.  229 this week compared to 225 the week before.  We love consistency!

2019 contracts accepted of single family homes by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July–1,090
  • August-1,211
  • September so far-665

          Total-9,971

Now take a look at the communities this week that sellers accepted the most contracts:

Aurora-33                                         Batavia-11                                          Bolingbrook-21

Geneva-15                                        Naperville-39                                       Oswego-13

Plainfield-21                                     St Charles/Campton Hills-17               Yorkville-10

There were 3 short sales accepted by sellers this week. Zero the week before.  1 each in Geneva, Naperville and Plainfield.

Contracts were accepted by sellers that are contingent on the closing of the buyers current home.  4 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the sale and closing of the buyers current home.  2 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Once a contract is accepted there is a review period where the buyer can do inspections and attorneys can review the contract.  Not all contracts that get accepted close.  Sometimes issues come up that can’t be resolved or maybe the loan might not get approved.

Contact us

Call us at 630-503-6555 with any real estate questions that you have.  It is still a good time to sell if you want to get moved before the holidays.

Let us update your home value in the current market and provide you with a net proceeds.  An estimate of expenses to sell.

If you are thinking about purchasing, your first step is to talk to a loan officer to get pre-qualified so you know what type of loan and what price range will work out for you.  If you need recommendations we can provide you will loan officers to contact that we have successfully worked with.

Resources to check out:

Fox Valley market update September 21 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search for a home that also has a chat feature that you can easily reach us.  Sign up for free!

Fox Valley Market Update September 14 2019

Fox Valley Market Update September 14 2019

Fox Valley market update September 14 2019.  Consistent is the market this week.  310 new listings of single family homes this week compared to 313 the week before.  You can’t get more consistent than that!  The weather is wonderful.  It is not too hot or raining.  Perfect weather for looking at homes.  Let’s get your home on the market!

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,585
  • September so far-623

          Total-12,513

Closed listings this week were also consistent.  188 closings of single family homes this week compared to 180 the week before.  Slightly higher but very consistent.  They should increase though as we get closer to the end of the month when most buyers want to close.

Closed listings of single family homes for 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-368

          Total-8,021

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

Aurora-New 46 $115,000-$699,000

            Closed-30 $37,500-$645,000

Bolingbrook-New 20 $174,900-$754,766

                     Closed-12 $152,700-$430,000

Elburn-New 10 $229,000-$549,900

            Closed-1 $320,000

Naperville-New 61 $299,000-$1,599,000

                 Closed-28 $245,000-$1,150,000

Oswego-New 16 $179,900-$1,000,000

              Closed-7 $215,000-$340,000

Plainfield-New 33 $149,888-$624,000

                Closed-29 $170,000-$538,200

St Charles/Campton Hills-New 19 $199,900-$1,260,000

                                         Closed-9 $290,000-$880,000

Sugar Grove-New 11 $214,900-$849,900

                     Closed-5 $210,000-$445,000

West Chicago-New 12 $228,000-$574,999

                       Closed-6 $222,500-$385,000

Yorkville-New 10 $164,900-$475,000

              Closed-3 $134,500-238,000

Contracts accepted this week

Contracts accepted this week on single family homes was slightly higher.  225 contracts accepted this week compared to 211 the week before.  The homes that are remaining on the market either need to be updated or the price dropped to get buyers interested in them.  Buyers today want to buy and move in.  They don’t want to spend a lot of time or money to fix something up.

Contracts accepted 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211
  • September so far-436

          Total-9,742

Look at the communities that had the most sellers accept contracts this week:

Aurora-36                                          Bolingbrook-21                                         Naperville-31

Plainfield-29                                      St Charles/ Campton Hills-11

Not all contracts that get accepted close.  A good REALTOR® and real estate attorney can help to overcome some issues that come up unless of course it is a buyer issue with financing.  Sometimes issues come up with an in-depth credit check that can not be overcome easily or within the time frame.

There were no short sale contracts accepted this week.

Contracts were accepted by sellers that are contingent on the buyer closing on their current home.  5 with a kick-out clause of 72 hours, 6 with 48 hours and 3 with 24 hours.

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

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are here to help you.  Our goal is your goal.  We will work hard to reach your goal whether it is selling or buying a home.  Keep in contact with you and guide you through the process.

Check out some resources:

Check back with us every Saturday for the Fox Valley Market update.  We are keeping an eye on the market.  

Fox Valley market update September 14 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search that also has a chat feature.  Sign up for free!

 

Fox Valley Market Update September 7 2019

Fox Valley Market Update September 7 2019

Fox Valley market update September 7 2019.  New listings this week were slightly up.  313 new listings of single family homes this week compared to 290 the week before.  Now that we are past the holiday and school starting we can get back to normal.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,585
  • September-313

          Total-12,203

Closed listings of single family homes were down this week.  180 this week compared to 292 the week before.  With the holiday, a short week and the beginning of the month this is to be expected.  It should go up from here.

Closed listings for 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-180

          Total-7,833

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

Aurora-New 40 $115,000-$500,000

            Closed-34 $80,000-$510,000

Batavia-New 14 $209,900-$525,000

             Closed-8 $255,500-$586,987

Bolingbrook-New 22 $179,900-$500,000

                    Closed-16 $134,100-$369,000

Geneva-New 23 $149,000-$1,249,000

             Closed-9 $241,000-$924,000

Naperville-New 62 $305,000-$4,000,000

                 Closed-23 $305,000-$1,295,000

Oswego-New 24 $229,900-$475,000

              Closed-10 $129,000-$304,295

Plainfield-New 40 $169,900-$549,900

                Closed-18 $150,000-$515,000

St Charles/Campton Hills-New 18 $163,500-$1,199,999

                                         Closed-14 $100,000-$617,500

West Chicago-New 12 $179,900-$499,900

                       Closed-3 $285,000-$335.000

Yorkville-New 13 $180,000-$469,500

              Closed-6 $250,000-$452,000

Contracts accepted this week

Fox Valley Market Update September 7 2019-Contracts accepted this week

Contracts accepted this week on single family homes was slightly down this week.  211 this week compared to 227 the week before.  This should go up next week since we are now past the holiday and a short week.  Keep in mind that not all contracts accepted close.  They need to get past home inspection, attorney review and the loan approval. So things can happen during that process.

Contracts accepted for 2019 by the month of single family homes:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211
  • September-211

          Total-9,517

Now take a look at the communities this week that sellers accepted the most contracts on single family homes:

Aurora-33                                            Bolingbrook-13                                               Naperville-34

Oswego-10                                           Plainfield-28                                                   St Charles/Campton Hills-16

Short sales still remain low this week.  1 this week compared to 3 the week before. The 1 was in Bolingbrook this week.

Sellers accepted contracts this week that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours, 2 with 48 hours and also 2 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours and 1 with 48 hours.

Contact us

Call us with your real estate questions at 630-503-6555.  Our goal is your goal.  Whether you are buying, selling or both we will work hard to meet your goals.  We will let you know what you need to do to get your home ready for market.  Provide you with a net proceeds that shows you the expenses to sell so you know where you are at.

If you are thinking about buying you need to talk to a loan officer first to get pre-qualified so you know what type of loan will work for you and the price range.  What type of loan you choose will determine the condition the home must be in.  If you find a home that needs repairs and the seller is not willing to do them and you have the money you can set up an escrow account if it is under $5,000 for repairs.  If it is over that amount you will need to get pre-qualified for a loan that will allow you to make the repairs.  This is a different kind of approval.  Separate from the normal approval.  We can talk to you more about this or your loan officer can explain it to you.

It is still a great time to sell or buy so get in touch with us so we can get you started.

Check out some resources:

Fox Valley market update September 7 2019.  Have a great week!

 

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search with a chat feature.  Sign up for free and let us know what you think.  It has google maps so you can click on the satellite view so you can see the yard and house around it.. 

Fox Valley Market Update August 24 2019

Fox Valley Market Update August 24 2019

Fox Valley market update August 24 2019.  New listings of single family homes were slightly down this week.  292 this week compared to 315 the week before.  Not too bad with school starting.  So many people are out buying school clothes and supplies to get ready to start school.

2019 new single family home listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-1,295

          Total-11,600

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

Aurora-New 43 $118,000-$975,000

            Closed-35 $137,000-$513,500

Batavia-New 17 $189,900-$614,500

             Closed-5 $210,000-$525,000

Bolingbrook-New 17 $169,900-$565,000

                     Closed-19 $104,8500$380,000

Geneva-New 19 $229,000-$1,695,000

             Closed-6 $219,900-$485,000

Montgomery-New 10 $175,000-$270,000

                      Closed-8 $181,000-$287,000

Naperville- New 63 $299,700-$7,250,000

                  Closed-31 $230,000-$1,180,000

Oswego-New 9 $179,900-$385,790

              Closed-10 $169,000-$462,850

Plainfield-New 29 $154,900-$778,000

                Closed-34 $180,000-$551,351

St Charles/Campton Hills-New 22 $260,000-$829,000

                                         Closed-21 $150,000-$622,500

West Chicago-New 10 $259,900-$675,000

                       Closed-4 $176,000-$337,000′

Yorkville-New 11 $199,900-$374,900

              Closed-5 $249,900-#55,000

Closed homes this week were also down.  221 this week compared to 255 the week before.  Next week is the last week of the moth so we should see an increase.  Especially because next weekend is Labor Day so people will have a long weekend to move in and get settled.

Closed homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-1,111

          Total-7,361

May continues to be the best month so far for new listings and closed homes.

Contracts accepted this week

Fox Valley Market Update August 24 2019-Contracts accepted this week

Contracts accepted on single family homes this week were slightly up this week.  234 this week compared to 212 the week before.  When something special comes on the market no matter how busy you are you need to jump on it.  Homes that have been on the market either need to be made special or drop the price to get a buyer interested.

Contracts accepted on single family homes in 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1665
  • June-1,218
  • July-1,090
  • August so far-984

          Total-9,079

Not every home that received an accepted contract closes.  Sometimes things come up during attorney review or the home inspection that buyer and seller do not mutually agree upon.  Sometimes the buyer’s loan does not get approved either because something comes up on their credit that can’t be resolved or the appraisal does not appraise for the agreed upon price.  Buyer’s sometimes lose their job during the process  Many things can happen during the process.  Keeping on top of things is very important.

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

Aurora-37                                       Bolingbrook-15                                        Geneva-10

Naperville-42                                  Oswego-1-                                                Plainfield-25

St Charles/Campton Hills-16

Short Sales accepted this week were still low.  Only 1 this week compared to 2 the week before. This is great!  Bolingbrook was the only community this week with an accepted contract.

Sellers also accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 6 with 48 hours and 6 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 6 with 48 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are keeping an eye on the market.  Our goal is your goal.  We are here to listen to your wants and needs.  We will do everything we can to accomplish your goals.  Whether buying or selling a home.

Check out some resources:

Let us know what other information you are looking for and we will point you to it.

Fox Valley market update August 24 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for homes that also has a chat feature.  You can sign up for free.