12 7 19 Market Update Fox Valley

12 7 19 Market Update Fox Valley

 

12 7 19 Market Update Fox Valley-Active Kane County
Active Kane County
12 7 19 Market Update Fox Valley-Active Kendall County
Active Kendall County

12 7 19 market update Fox Valley.  New listings of single family homes were significantly up this week. 173 this week compared to 100 the week before.  We are in the first week of December and had a full week.  Last week was a holiday week and short a couple of business days.  That really has an impact on activity.  Above we have pictures you should be able to click on to make larger.  The first ones shows the activity for the week.  The next 2 show the active listings of single family homes in Kane and Kendall Counties. It is broken down so you can see how many homes are available in each price range.  Both of those show that the price range $250,000-$299,999 have the most homes.  If that is not your price range you can see the amount of homes to see are more limited.

Closed single family homes this week were slightly down.  142 this week compared to 154 the week before.  It is the beginning of the month.  Most buyers prefer to close closer to the end of the month.

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

Aurora-New 23 $123,900-$469,000

            Closed-25$95,500-$1,472,540

Bolingbrook-New 17 $159,000-$708,900

                    Closed-11 $162,000-$319,000

Naperville-New 34 $289,900-$2,399,000

                Closed-22 $223,000-$631,424

Plainfield-New 26 $215,000-$730,000

                Closed-18 $205,000-$415,000

St Charles/Campton Hills-

                New-7 $275,000-$779,900

               Closed-13 $187,000-$700,000

Contracts accepted this week

12 7 19 Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week on single family homes were pretty consistent with the week before.  127 this week compared to 133 the week before.  These numbers are low though.  You have to go back to January to see these numbers.  There is still activity but nothing like Spring or Summer markets.  Now is the time pricing your home is most important.   If you are overpriced it will just sit there.

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

Aurora-24              Bolingbrook-12

Naperville-17         Plainfield-17

These are the communities that consistently do the most activity.  I am surprised St Charles is not one of them listed here.

There were 3 short sales accepted this week.  2 in Bolingbrook and 1 in Plainfield.  Now they will be submitted to the lender to see if they will also accept as written.

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

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

2019 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       679             727                656

December       173             142                127

Totals        15,165        10,244          11,917

Contact Us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal whether buying/selling a home.  Our office is very convenient just next door to the Village hall of Montgomery.

Thinking about selling your home?  Let us update the value of your home in today’s market and provide you with a net proceeds that shows you an estimate of expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home your first step is to call a loan officer to get pre-qualified so you know what type of loan and price range that will work out best for you.  We can make some recommendations.

We can also recommend real estate attorneys and home inspectors.

Check out some great resources:

12 7 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

Sign up for free with a different way to search for a home.  You can change it to satellite view and see how the home is situated on the property.  It also has a chat feature. 

 


 

 

 

 

Activity This Week 01/28/17 Kane & Kendall Counties

Activity this week 01/28/17
Kane County Activity this week
Activity this week 01/28/17
Kendall County activity this week

Activity This Week 01/28/17 Kane & Kendall Counties

Activity this week 01/28/17 Kane & Kendall Counties picked up this week.  We are starting to see more listings than closings in some areas.  That is good thing!  It is nice to be able to give buyers looking for a home some choices.  It is good for sellers that are seeing that homes are selling.  If you took your home off the market for winter you are missing out on buyers.  We can email you these documents if you like.

Buyers

Buyers let us know what areas you are looking and we can send you listings as soon as they hit the market.  Resources are available to help with down payment and/or closing costs.  Some communities also offer resources as well as some lenders.  You can also go to CFPB to get information about purchasing a home.  Your first step is talking to a lender and getting pre-qualified so you know the price range you should be looking in.

Sellers

Sellers make sure your home is priced correctly so it will sell.  We can do a market analysis to see where the value is right now in today’s market.  Price, condition & location are the factors that go into pricing.  Adjustments need to be made for all three.  We will provide you with a net proceeds so you have an estimate of costs to sell your home.  We will adjust that when an offer does come in so you can make a decision.

Contact Us

Contact us with any questions you have.  Call Jeff Szymczak-Broker ext 104 or Kristine Heiman-Managing Broker ext 101 at 630-503-6555.  You can go to our website to search for homes anytime.  Have a great week!  We will be back next week with Activity this week Kane & Kendall Counties.

Activity This Week 01/07/17 in Kane & Kendall Counties.

Activity this week 01/07/17
Housing Activity this week 01/07/17 in Kane County.
Activity this week 01/07/17
Housing activity this week 01/07/17 in Kendall County.

Activity This Week 01/07/17

Activity this week 01/07/17 in Kane & Kendall Counties.  This is the first full week of he New Year.  Inventory continues to be low in the Fox Valley area of housing.  Now that the holidays are over the pace should start picking up.  Cold weather usually slows things down a bit but buyers are still wanting to go out and look when something new hits the market.  We can email you this data if you are having a hard time seeing it.

Selling your home in 2017?

This is a great time to sell your home if you have been contemplating when to make the move.  Prices have been increasing every year.  Have the prices increased enough for you?  Let us show you where you are at with value in today’s market.  Now is a great time to get some of those projects completed to get your home ready for market.  We can tell you what should be at the top of the list to complete.

Buyers Don’t Give up!

New listings are coming on the market everyday.  Maybe not as fast as you would like.  Be patient!  Keep checking in your price range everyday or we can send you listings as they come on the market in the area that you are looking and price range.  Are you a first-time buyer? Go to CFPB to get some good advice about owning a home and loan information.

Contact Us

Contact us to get started with buying or selling a home.  Have questions?  We are here to help you through the process.  Every home sale is different.  Some are smooth sailing and others take a little more work to get to closing.  Having good representation that is ready to dig in and get issues solved is very important.  You can count on us to stay in contact with you throughout the process.  Call John Szymczak-Broker ext 104 or Kristine Heiman-Managing Broker ext 101 at 630-503-6555 or email besthomesfv@gmail.com.  You can search for homes anytime at besthomesfv.com.

Activity this Week 12/24/16 in Kane & Kendall County

Activity this Week 12/24/16
Kane County
Activity this Week 12/24/16
Kendall County

Activity in Kane & Kendall Counties

Activity this week 12/24/16 in Kane & Kendall Counties was light this week with the holiday.  Most people that are closing right now were people getting contracts accepted before Thanksgiving.  There will be one more week of data to report next week to close out the year of 2016. 

Down Payment Resource

Start planning for home ownership with these simple steps from Down Payment Resource.  Talk to your lender about resources they have available.  Sometimes what they offer will work out better for you in the long run.  Gather all the information you need first and get pre-approved with a lender to know what type of loan and the price range you will need to stay in so you can find the best value for your budget.

Selling Your Home

Now is a great time to put your home on the market.  Buyers are looking.  Inventory is still very low in the Fox Valley area.  You must spend the time to get it ready.  A clean, freshly painted and organized home will be very inviting to a buyer.  Get a market analysis to know what the value is in your neighborhood.  You do not want to overprice your home.  It works against you in the long run.  Pricing it right from the beginning is very important.  Buyer are educated and know what the value should be.

Contact Us

Contact us to help you navigate the buying and selling process.  We will guide you through the process from beginning until closing and beyond with any real estate questions that you have.  We can help you find a real estate attorney & home inspector to contact so you can make the best choice on who you think will do the best job for you.  Call us at 630-503-6555, email besthomesfv@gmail.com or go to our website besthomesfv.com to start searching for a home or fill out the contact form there.  Please connect with us on Facebook and “like” our page to keep updated on home ownership in the Fox Valley area.