Fox Valley area of Illinois home prices April 26th

Fox Valley area of Illinois home prices April 26th

Fox Valley area of Illinois home prices April 26th.  It is 52 degrees and sunny so far today.  Highs for this next week should range from 58-85 degrees.  Lows should range from 38-63 degrees.

New listings this week are up.  231 this week compared to 188 the previous week.

Closed listings this week are down.  161 this week compared to 191 the previous week.

Aurora New-30 $189,900-$1,365,000

            Closed-19 $250,000-$712,000

Batavia New-15 $274,900-$875,000

             Closed-5 $285,000-$733,000

Bolngbrook New-7 $325,000-$530,000

                  Closed-11 $216,000-$436,500

Elgin New-31 $229,900-$1,200,000

         Closed-10 $147,000-$717,900

Naperville New-37 $400,000-$2,950,000

                 Closed-20 $401,000-$1,837,500

Oswego New-9 $270,000-$569,900

             Closed-12 $300,000-$867,500

Plainfield New-26 $226,900-$798,000

               Closed-22 $225,000-$902,000

South Elgin New-5 $324,900-$765,000

                   Closed-10 $201,000-$870,000

St Charles New-13 $315,000-$1,200,000

                 Closed-9 $335,000-$1,150,000

Yorkville New-10 $365,000-$559,900

               Closed-4 $265,000-$420,000

These are the communities with the most activity this week.  Check the photo above for other communities that also had activity and their price ranges.

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

Median list price this week $439,990, last week $460,000

Closed median price this week $427,500, last week $469,100.

Stats 042625
Stats for week ending April 26th

Conventional financing was used to close on 118 homes this week at median price $438,375 with 37 days average market time, last week 146 homes at median price $469,950 with 37 days average market time.

Conv 042625
Conventional financing used to close for week ending April 26th

Cash was used to close on 22 homes this week at median price $405,500 with 47 days average market time, last week  23 homes at median price $647,500 with 23 days average market time.

Cash 042625
Cash used to close for week ending April 26th

FHA financing was used to close on 14 homes this week at median price $334,000 with 33 days average market time, last week 18 homes at median price $385,000 with 49 days average market time.

FHA 042625
FHA financing used to close for week ending April 26th

VA financing was used to close on 5 homes this week at median price $358,000 with 40 days average market time, last week 3 homes at median price $468,000 with 18 days average market time.

VA 042625
VA financing used to close for week ending April 26th

2,000 SF or more closed on 83 homes this week at median price $579,900 with 49 days average market time, last week 121 homes at median price $570,000 with 39 days average market time.  Minimum price this week $200,000, last week $322,000.

2000 SF or more 042625
2,000 SF or more closed for week ending April 26th

Slightly over 73% of homes closed using conventional financing this week.  A little over half of the homes closed this week were at least 2,000 SF or more.

Under contract this week

Fox Valley area of Illinois home prices April 26th-Under contract this week

Homes this week that went under contract this week are down.  197 this week compared to 237 the previous week.

Aurora-25                Elgin-13

Naperville-28           Oswego-14

Plainfield-26             St Charles-14

These are the communities that seller’s accepted the most contracts this week.  Check to photo above to see other communities that seller’s accepted contracts.

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 with a kick-out clause of 72 hours, 7 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.  3 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

Under contract median price this week $469,900 with 41 days average market time, last week $474,800 with 40 days average market time.

2025 by the month and a look back at 2024 and 2023

This is the last full week of the month so we will go ahead and look back at the previous 2 years.

2025

Month           New   Closed   Under contract

January               585       570             652

February             609       504             590

March                 785       569             746

April                    856       661              818

Totals          2835   2304        2806

2024

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

You can see the market has improved each year.  Closed is the most important column to keep track of.

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.

If you are looking for information about the process of buying or selling your home please check out nar.realtor/the-facts.  Scroll down to see the guides and videos.

You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search for a home.

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

Fox Valley area of Illinois home prices April 26th.  Have an awesome week!

Kristine Heiman, Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

 

Fox Valley area of Illinois home prices April 19th

Fox Valley area of Illinois home prices April 19th

Fox Valley area of Illinois home prices April 19th.  62 degrees for a high today.  This next week should range from 57-75 degrees for a high and 39-53 degrees for lows.

New listings this week are down.  188 this week compared to 246 the previous week.

Closed listings are up.  191 this week compared to 156 the previous week.

Aurora New-32 $184,900-$825,000

            Closed-31 $185,000-$675,000

Bolingbrook New-12 $289,000-$875,000

                    Closed-12 $284,000-$818,000

Elgin New-19 $248,900-$699,500

         Closed-27 $213,000-$750,000

Naperville New-27 $449,853-$1,650,000

                 Closed-36 $399,000-$1,495,011

Oswego New 10 $299,900-$550,000

             Closed-3 $465,640-$645,490

Plainfield New 29 $289,900-$1,000,000

                Closed-22 $345,000-$675,000

St Charles New-6 $299,990-$1,100,000

                  Closed-12 $375,000-$2,300,000

These are the communities with the most activity this week.  Check the photo above for other communities that also had activity and their price ranges.

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

Median list price of homes this week $460,000, last week $475,000.

Closed median price this week $469,100, last week $462,500.

Stats 041925
Stats for week ending April 19th

Conventional financing was used to close on 146 homes this week with median price $469,950 with 37 days average market time, last week 115 homes at median price $470,000 with 37 days average market time.

Conv 041925
Conventional financing used to close for week ending April 19th

Cash was used to close on 23 homes this week at median price $647,500 with 23 days average market time, last week 26 homes at median price $492,500 with 23 days average market time.

Cash 041925
Cash used to close for week ending April 19th

FHA financing was used to close on 18 homes this week at median price $385,000 with 98 days average market time, last week 11 homes at median price $385,000 with 49 days average market time.

FHA 041925
FHA financing used to close for week ending April 19th

VA financing was used to close on 3 homes this week at median price $468,000 with 18 days average market time, last week 4 homes at median price $481,100 with 33 days average market time. 

VA 041925
VA financing used to close for week ending April 19th

2,000 SF or more closed on 121 homes at median price $570,000 with 39 days average market time, last week 92 homes at median price $585,000 with 42 days average market time.  Minimum price this week $322,000, last week $296,500.

2000 SF or more 041925
2000 SF or more closed for week ending April 19th

76% of homes closed this week using conventional financing.  I am happy to see every week some homes closed using VA financing.

Under contract this week

Fox Valley area of Illinois home prices April 19th-Under contract this week

Homes that went under contract this week are up.  237 this week compared to 200 the previous week.

Aurora-32                    Bolingbrook-12

Elgin-20                        Naperville-34

Oswego-11                     Plainfield-28

South Elgin-11               St Charles-16

Yorkville-10

1 short sales was accepted by a seller this week.  It was in Geneva.  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.  4 with a kick-out clause of 72 hours, 6 with 48 hours, and 2 with 24 hours.

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

Under contract median price this week $474,800 with 40 days average market time, last week $449,900 with 41 days average market time.

Under contract stats 041925
Under contract stats for week ending April 19th

2025 by the month

Month          New   Closed   Under contract

January              585       570             652

February            609       504             590

March                 785       569            746

April                    625      500             621

Totals          2604   2143       2609

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

Contact us

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

For information for buyers and sellers please go to nar.realtor/the-facts to see guides and videos on everything from beginning to end of the process.

You can also go to request a home valuation, sign-up for email alerts, down payment assistance, and search for a home anytime.

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

Fox Valley area of Illinois home prices April 19th.  Have an awesome week!

Kristine Heiman, Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices March 8th

Fox Valley area of Illinois home prices March 8th

Fox Valley area of Illinois home prices March 8th.  44 and sunny today.  This next week we should see highs from 47-67 and lows from 27-48.  A roller coaster week ahead.  I am looking forward to it.

New listings this week are up.  180 this week compared to 156 the previous week.

Closed listings are down sightly.  143 this week compared to 159 the previous week.

Aurora New-20 $200,000-$549,900

            Closed-11 $245,000-$611,560

Bolingbrook New-10 $250,000-$549,900

                   Closed-13 $230,000-$645,750

Elgin New-22 $219,000-$750,000

         Closed-17 $243,000-$574,990

Naperville New-28 $365,000-$3,200,000

                 Closed-21 $449,900-$1,390,000

Oswego New-10 $289,900-$642,310

             Closed-5 $305,000-$552,970

Plainfield New-25 $359,900-$842,000

                Closed-22 $290,000-$686,860

St Charles New-10 $279,900-$1,675,000

                  Closed-8 $325,000-$750,000

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

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

Median list price this week $440,000, last week $441,305

Closed median price this week $418,000, last week $439,000

Stats 030825
Stats for week ending March 8th

Conventional financing was used to close on 107 homes this week at median price $426,700 with 45 days average market time, last week 117 homes at median price $450,000 with 59 days average market time.

Conv 030825
Conventional financing used to close for week ending March 8th

Cash was used to close on 19 homes this week at median price $400,000 with 52 days average market time, last week 20 homes at median price $432,500 with 35 days average market time.

Cash 030825
Cash used to close for week ending March 8th

FHA financing was used to close on 12 homes this week at median price $310,000 with 64 days average market time, last week 20 homes at median price $312,500 with 60 days average market time.

FHA 030825
FHA financing used to close for week ending March 8th

VA financing was used to close on 4 homes this week at median price $404,500 with 136 days average market time, last week 3 homes at median price $315,000 with 19 days average market time.

VA 030825
VA financing was used to close for week ending March 8th

2,000 SF or more closed on 74 homes this week at median price $539,500 with 62 days average market time, last week 91 homes at median price $545,000 with 65 days average market time.  Minimum price this week $245,000, last week $181,000.

2000 SF or more 030825
2,000 SF or more closed for week ending March 8th

Just under 75% or homes closed this week used conventional financing.  Slightly over 8% of homes used FHA financing to close.  It is not impossible to use FHA but it is harder to get accepted.

Over 51% of homes closed this week were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are pretty consistent.  170 this week compared to 163 the previous week.

Fox Valley area of Illinois home prices March 8th-Under contract this week

Aurora-26                 Bolingbrook-11

Elgin-23                    Naperville-16

Plainfield-20             St Charles-11

These are the communities with the most contracts accepted.  Take a look at photo above for other communities that had activity as well.

1 short sale was accepted by a seller this week.  It was in Aurora.

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

Under contract median price this week $432,500 with 41 days average market time, last week $435,000 with 56 days average market time.

Under contract stats 030825
Under contract stats for week ending March 8th

2025 by the month

Month         New   Closed   Under contract

January            585       570            652

February          609       504            590

March              180        143             170

Totals        1374   1217       1412

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 2024 and 2023 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 red, bold and underlined to take you to some great information.

Get the factsNational Association of REALTORS.  Scroll down to see all the guides and videos with information for start to finish with your home sale or purchase.

You can also request a home valuationsign-up for email alerts, and search for a home.

All data provided today was downloaded from our MLS, MRED, LLC.  It changes throughout the day as agents upload information.

Fox Valley area of Illinois home prices March 8th.  Have an awesome week!  Spring is on the way.

Kristine Heiman, 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 January 4th

Fox Valley home prices January 4th

Fox Valley home prices January 4th. 23 degrees and sunny right now with clear skies.  For the next week the highs will be between 25-31 degrees with the lows from 8-23 degrees.  Winter has arrived.  I hope all of you enjoyed bringing in the new year.

New listings almost doubled from last week.  84 new listings this week compared to 48 the previous week.

Closed listings are up.  110 this week compared to 76 the previous week.

2 weeks in a row with holidays really have the numbers off.  Hopefully 2025 will bring more new listings in every price range so more people can participate in homeownership.

Here are the communities with the most activity this week.

Aurora New-14 $170,000-$699,900

            Closed-11 $88,000-$650,000

Elgin New-14 $75,000-$629,990

         Closed-8 $334,000-$750,000

Naperville New-7 $400,000-$995,900

                 Closed-16 $365,000-$1,736,335

Plainfield New-6 $335,000-$730,000

                Closed-14 $291,000-$800,000

Other communities had activity.  Please look at the photo above to see their price ranges.

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

Median list price this week $427,450, last week $429,945.

Closed median price this week $425,000, last week $425,000.

Stats 010425
Stats for week ending January 4th

Conventional financing was used to close on 82 homes this week at median price $442,500 with 37 days average market time, last week 56 homes at median price $428,450 with 57 days average market time.

Conv 010425
Conventional financing used to close for week ending January 4th

Cash was used to close on 14 homes this week at median price $378,750 with 33 days average market time, last week 12 homes at median price $382,500 with 36 days average market time.

Cash 010425
Cash used to close for week ending January 4th

FHA financing was used to close on 11 homes this week at median price $372,000 with 41 days average market time, last week 5 homes at median price $370,000 with 98 days average market time.

FHA 010425
FHA financing used to close for week ending January 4th

VA financing was used to close on 2 homes this week at median price $550,625 with 35 days average market time, last week 2 homes at median price $469,750 39 days average market time.

VA 010425
VA financing used to close for week ending January 4th

2,000 SF or more closed on 64 homes this week at median price $490,000 with 44 days average market time, last week 45 homes at median price $487,000 with 67 days average market time.  Minimum price this week $250,000, last week $295,000.

2000 SF or more 010425
2,000 SF or more closed for week ending January 4th

74.5% of homes closed using conventional financing this week.  58% of them were at least 2,000 SF or more.

Under contract this week

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

90 homes this week went under contract, last week 82.  I hope this increases now that we are passed the last 2 weeks of short weeks because of the holidays.

Communities that seller’s accepted contracts this week.

Aurora-11               Elgin-11

Plainfield-14

1 short sale was accepted by a seller this week.  It was in Plainfield.

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

That is only 11 homes out of 90 that have contingencies on the buyer closing or selling and closing on their current home.

Under contract median price this week $414,200 with 67 days average market time, last week $399,450 with 49 days average market time.

Under contract stats 010425
Under contract stats for week ending January 4th

2025 by the month

Month        New   Closed   Under contract

January       84         110               90

Next week will be the first full week of 2025.

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

At the end of each month we will also take a look back at 2024 and 2023 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.

We can no longer show any home until a buyer signs a buyer representative agreement.  Everything is negotiable.  You can go to nar.realtor/the-facts  for more information.  You need to scroll down and see all the guides there 

  • Written buyer agreements
  • Open house and written agreements
  • Duty to put client interests above their own
  • What veterans need to know about buying a home
  • Offers of compensation
  • Negotiating written buyer agreements
  • Seller concessions
  • Multiple listing services
  • Fair housing
  • Listing agreements
  • 10 questions to ask a buyer agent
  • 10 questions to ask a seller agent
  • Buying your first home
  • Mortgages and financing
  • Steps between signing and closing
  • Agency and non-agency relationships
  • The appraisal process
  • Home inspections.

Please let me know what questions you have.

You can also request a home valuationsign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices January 4th.  Happy New Year!  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 10thbhfv Cover 050623

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

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

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

Fox Valley home prices June 10th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 061023
Stats for week ending June 10th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

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

Aurora-24                                 Bolingbrook-14

Geneva-14                                Naperville-27

Plainfield-23                            St Charles-16

Yorkville-13

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

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

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

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

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

2023 by the month

Month             New   Closed   Under contract

January            483        326             470

February          630        526             789

March               555        558             726

April                 710         617             755

May                  735        603            816

June                  443        408            344

Totals             3556      3038          3900

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

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

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

Resources

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

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

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

Contact us

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

Fox Valley home prices June 10th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 17th

Best Homes Fox Valley Home Prices Header

Fox Valley home prices December 17th.   Things have really slowed down the closer we get to the holidays.

We will let you know how many new listings, closed listings, contracts accepted, 2022 by the month, median prices, and financing used to close.

New listings this week were slow but consistent.  86 this week compared to 82 the previous week.

Closed listings were consistent also.  129 this week compared to 132 the previous week.

Fox Valley home prices December 17th

Aurora-New 17 $199,999-$1,300,000

             Closed-20 $134,500-$716,125

Naperville-New 9 $425,000-$1,155,000

                   Closed-17 $400,000-$1,625,000

Plainfield-New 17 $284,900-$725,003

                 Closed-21 $231,500-$682,800

St Charles-New 5 $495,000-$975,000

                  Closed-11 $250,000-$813,655

Other communities had activity this week.  Look at the photo above to see.  We just highlight the ones with the most activity.

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

Median list price this week $385,000, last week $404,450.

Closed median price this week $357,000, last week $385,500.

Stats 121722
Stats for week ending December 17th

Conventional financing was used to close on 91 homes this week ate median price $365,000 with 38 days average market time, last week 86 homes at median price $404,500 with 37 days average market time.

Conv 121722
Conventional financing used to close for week ending December 17th

Cash was used to close on 21 homes this week at median price $385,000 with 45 days average market time, last week 25 homes at median price $451,900 with 30 days average market time.

Cash 121722
Cash used to close for week ending December 17th

FHA financing was used to close on 10 homes at median price $326,250 with 41 days average market time, last week 15 homes at median price $287,900 with 39 days average market time.

FHA 121722
FHA financing used to close for week ending December 17th

VA financing was used to close on 3 homes at median price $360,000 with 51 days average market time, last week 5 homes at median price $330,000 with 42 days average market time.

VA 121722
VA financing used to close for week ending December 17th

2,000 SF or more closed on 75 homes at median price $450,000 with 45 days average market time, last week 81 homes at median price $475,000 with 37 days average market time.  Minimum price this week $50,000, last week $249,900.

2000 SF or more 121722
2,000 SF or more closed for week ending December 17th

Conventional financing is still the most used financing to close.

Contracts accepted this week

Contracts accepted this week were consistent.  89 this week compared to 94 the previous week.

Fox Valley home prices December 17th-Contracts accepted this week

Aurora-16                         Naperville-16

Look at the photo above for the other communities seller’s accepted contracts.

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.  3 with a kick-out clause of 72 hours and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $379,900 with 56 days average market time, last week $355,745 with 114 days average market time.

Contingent Stats 121722
Contract accepted stats for week ending December 17th

2022 by the month

Month                   New   Closed   Contracts accepted

January                  422       492             623

February                523       520             724

March                    734        904            890

April                     1168        966           1334

May                      1101        893            806

June                      1295      1409           1234

July                        955        932            908

August                 1019       1134           1062

September            730         733            698

October                 699         612            646

November             574         764            624

December              168         261            183

Totals                  9388      9620          9732

Couple more weeks left for 2022.  New Years Eve we will show you 2021 and 2020 so you can compare the 3 years.

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

Resources

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

Check with your loan officer to see what interest rates you will be offered.  It depends on your credit score and other things the loan officer will explain to you.

If there is other information that you are looking for and can’t find it, let us know, and we will point you in the right direction.

We invite you to connect with us onFacebook.  If you click on the “shop now” button you can also search for homes there anytime you like.

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

Contact us

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

Fox Valley home prices December 17th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

2021 Real Estate Market Update Week 19

2021 Real Estate market update week 19 Cover

2021 real estate market update week 19.  New listings of single family homes were up.  294 this week compared to 236 the week before.  We want to see increases every week.  It will take a lot more than this to satisfy the amount of buyers that are out there looking.  Prices will continue to rise until enough housing in all price ranges comes on the market or gets built.

Closed listings of single family homes were down.  266 this week compared to 278 the week before.  They will rise as we get closer to the end of the month when most buyers want to close.

2021 Real Estate Market Update Week 19

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

Aurora-New 37 $124,900-$679,900

            Closed-38 $30,000-$640,000

Bolingbrook-New 15 $200,000-$425,000

                    Closed-19 $208,000-$502,350

Geneva-New 15 $299,900-$1,799,000

              Closed-17 $267,900-$789.000

Montgomery-New 8 $185,000-$369,900

                     Closed-11 $218.000-$370,000

Naperville-New 57 $275,000-$6,990,000

                 Closed-52 $280,000-$1,350,000

Oswego-New 18 $229,000-$884,900

               Closed-14 $197,000-540,000

Plainfield-New 37 $205,000-$1,076,400

                Closed-31 $255,000-$610,000

St Charles/Campton Hills-

                New 26 $249,900-$1,850,000

                Closed-24 $207,000-$1,155,000

West Chicago-New 16 $189,900-$850,000

                        Closed-7 $255,000-$605,000

Winfield-New 10 $327,000-$899,900

              Closed-5 $295,000-$735,000

Yorkville-New 2 $180,000-$615,000

              Closed-11 $264,900-$500,000

Median list price this week is $375,000, and last week it was $350,000

Median Closed price this week is $360,000, and  last week it is was also $360,000

2021 Real Estate Market Update Week 19-Stats

Contracts accepted this week

Contracts of single family homes were down.  290 this wee compared to 340 the week before.  This does not mean less buyers out there.  Last week the new listings were also down so buyers had less to look at.

2021 REal Estate Market Update Week 19-Contracts accepted this week

Look at the communities sellers accepted the most contracts:

Aurora-51                         Batavia-10

Bolingbrook-19                 Geneva-11

Naperville-50                    Oswego-10

Plainfield-39                     St Charles/Campton Hills-19

Yorkville-15

No short sales were accepted by sellers this week.

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

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 48 hours.

2021 real estate market update by the month

Month                   New      Closed     Contracts accepted

January                  543            649                829

February                561            604                778

March                    993          1099               1455

April                     1006            926               1387

May                       530            544                 630

Totals                  3633          3822               5079

Closed column is the most important column.  These are actual numbers.  New and contracts accepted can be added more than once if a home gets listed more than once.  Sometimes a contract will get accepted and it will not make it past the home inspection and attorney review so it get relisted and then gets another contract at a later time.

Check back with us every Saturday for the real estate market update.  At the end of each month we will take a look back at 2020 and 2019 so you can see how we are doing this year.

Contact us

Call us at 630-503-655 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

It is a great time to be a seller!  Prices are increasing because there is not enough homes on the market.  National Association of REALTORS® has said we are at a 50 year low for housing.  We need more of all types of housing.  Request a home valuation and tell us a little bit about your home.  Let us know what updates you have completed recently.  We will provide you with a net proceeds so you can see the expenses to sell.  This will be updated when an offer comes in and we know all the terms.

Thinking about buying this year?  Contact a loan officer with all your financial information and let them know to get you pre-approved.  The market is moving so fast right now just getting prequalified is not enough.  There is multiple offers on most homes and you want to show the seller that you are pre-approved.  

Resources:

If you need recommendations for a loan officer, real estate attorney or a home inspector just let us know.  We can recommend a few of each so you have a choice.

2021 real estate market update week 19.  Have a great week!

2021 market update week 19Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

 

 

Market update Fox Valley week 53

Market update Fox Valley week 53.  Yes week 53.  When a leap year and the first day of the year is a Wednesday we have 53 weeks in the year according to timeanddate.com.   Most of the business days this week were in 2020.

New listings of single family homes were up this week.  73 this week compared to 63 the week before.  Not too bad for in between 2 holidays.

Closed listings this week of single family homes were also slightly up.  178 this week compared to 163 the week before.

Market update Fox Valley week 53

 

 

 

 

 

 

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

Aurora-New 11 $124,900-$325,000

            Closed-31 $138,000-$620,000

Bolingbrook-New 6 $195,000-$364,000

                     Closed-11 $199,000-$560,000

Naperville-New 8 $272,900-$879,000

                 Closed-28 $265,000-$3,400,000

Plainfield-New 13 $194,888-$464,900

                Closed-27 $165,000-$549,999

St Charles/Campton Hills-

                New 6 $332,500-$1,275,000

                Closed-14 $191,000-$775,000

These are the communities that perform higher than most week after week throughout the year.

Contracts accepted this week

We saw a very nice increase in contracts accepted this week by sellers.  120 this week compared to 93 the week before.

Market update Fox Valley week 53-Contracts accepted this week

 

 

 

 

 

 

Buyers did not sit on the sidelines between the holidays.  2021 is expected to be more of the same as 2020.  We are hoping for more inventory so buyers have more to choose from.

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

Aurora-25                             Naperville-24

Plainfield-14                         St Charles/Campton Hills-10

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

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

2020 by the month and a look back at 2019 and 2018

2020

Month                         New     Closed     Contracts accepted

January                     1105       566               858

February                   1267       529             1024

March                       1186       707             1079

April                            648      786                775

May                          1352    1010              1444

June                         1232       908              1534

July                          1417     1453              1852

August                     1037     1335              1436

September               1176     1503              1503

October                     843     1116               1159

November                 567        985                 699

December                 513        971                 783

Totals                   12343   11869             14146

2019

January                    878        407                 568

February                1032        463                 832

March                    1731        915              1375

April                      1594        792              1307

May                       1645        995              1280

June                       1643     1253              1218

July                        1423     1008              1090

August                   1585     1330              1196

September             1164       765                 869

October                 1041       738                 776

November                897       946                 839

December                496       638                 497

Totals                  15129   10250            11847

2018

January                   808       489                 606

February               1040       444                 856

March                   1549       907              1564

April                     1515       836              1278

May                      1569    1066               1344

June                      1828    1720               1474

July                       1318      994                1061

August                  1294    1032                  989

September            1479    1093               1078

October                1042      712                  748

November               729      739                  653

December               665      762                  602

Totals                 14836  10794             12253

Of the 3 years 2020 was the best for closed listings of single family homes.  Closed listings is the most important column to look at because these are actual numbers. 

New listing and contracts accepted both can end up listed more than once.  Sometimes agents after a couple months add them as a new listing again.  Lately not too many properties stay on the market that long though.  Listings of homes that seller accepts a contract sometimes do not make it past the home inspection and attorney review period.

Even though new listings might of been counted more than once, 2020 had the least amount of new listings with the most closed homes.  That is why prices are rising the way they are.  Inventory is severely low.

2020 also saw the most contracts accepted.  Buyers are ready to go.  They are not afraid to write the offer.  They know they are up against multiple offers so they are writing their best offer right away.

The lowest month for closed listing in 2020 was 529 in February and it was higher than the lowest month in the previous 2 years.

2018 saw the highest amount of closed listings in June and it was highest of the 3 years.  August was the highest amount of closed in 2019 but it was below the highest month of 2020 that was in September.  Most years you see the highest amount during the summer months and before school starts.  This year with e-learning you can see that the market was extended until October

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Thinking about selling in 2021?  Request a home valuation so we can let you know what your home is worth in today’s market.  We will provide you with a net proceeds that shows you an estimate of 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.

If you are wanting to buy a home in 2021 you need to get some items together and contact a loan officer. They will want a couple of years of tax returns, pay stubs, bank statements, credit card information, car payments and any other monthly payments you have.  Once they go over your credit information they will give you a letter that shows you what type of loan will work out best for you and what price.  This letter will go with an offer when you find a home.  It needs to be updated if it is older than 30 days.

Check out some great resources that might help you:

If you are looking for any other information let us know and we will point you in the right direction.  We can make recommendations for loan officers, real estate attorneys and home inspectors we have successfully worked with in the past.

Market update Fox Valley week 53.  Happy New Year!  Have a great week.

Market update Fox Valley week 53Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley week 52

Market update Fox Valley week 52.  The market slowed way down this week with the holiday.  Only 62 new listings of single family homes this week compared to 100 the week before.

Closed listing were also down.  163 single family homes this week compared to 242 the week before. Next week we should see a big jump because it is the last week of the month and year.

Market update Fox Valley week 52

 

 

 

 

 

 

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

Aurora-New 6 $155,000-$280,000

            Closed-22 $139,000-$417,500

Bolingbrook-New 2 $249,900-$284,900

                    Closed-11 $165,000-$420,000

Naperville-New 20 $375,000-$1,475,000

                 Closed-26 $240,000-$2,900,000

Plainfield-New 4 $239,900-$405,000

                Closed-30 $225,000-$728,000

St Charles/ Campton Hills-

                 New 4 $289,900-$629,900

                 Closed-15 $75,000-$568,000

Contracts accepted this week

We add in the contracts accepted into the market update Fox Valley to let you see how many buyers are out there ready to write an offer that gets accepted.  In normal weeks when this starts to change you know the market is changing either for the better or not so good.

Market update Fox Valley week 52-Contracts accepted this week

 

 

 

 

 

 

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

Aurora-10                                 Bolingbrook-11

Naperville-15                            Plainfield-14

3 short sales were accepted by sellers this week. 1 in Montgomery and 2 in Plano. Now they will be submitted to the lender to see if they will also accept.

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

Also, sellers accepted contract that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 72 hours and 5 with 48 hours.

There is still confidence in the market that these will go through.

2020 by the month

Month                  New     Closed     Contracts accepted

January               1105           566               858

February             1267           529             1024

March                  1186           707             1079

April                       648          786                775

May                     1352         1010              1444

June                    1232           908              1534

July                      1417        1453               1852

August                 1037        1335               1436

September           1176        1503               1503

October                  843        1116               1159

November              567          985                 699

December              440          793                 663

Totals                 12270       11691             14026

Closed is the most important column. These are actual numbers.  September was the best month so far this year for closed single family homes.

New listings sometimes are relisted as a new listing when they are not.

Contracts accepted can sometimes not make it through the home inspection and attorney review period for many different reasons.  So both of those columns are not actual numbers.  

Next week will be the last week of the year.  We will compare this year with 2019 and 2018 so you can see how this year compares to those 2 years.

We had no idea in February how this year would go.  Buyers were out there wanting a bigger home for a home office and space for e-learning and a bigger yard.  Inventory has remained low so prices have gone up.

Contact us

Call 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.

Thinking about selling your home?  Request a home valuation so we can update the value on your home. We will provide a net proceeds that shows an estimate of expenses to sell so you know where you are at.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Are you thinking about buying a home in the new year?  You will need to get a couple of years tax returns, pay stubs, bank statements, credit card information, car payment information and any other payments you make monthly together and contact a loan officer to get prequalified.  They will give you a letter that shows the type of loan and the price that will work out best for you.  This will go with an offer when you find the home you like.

Check out some great resources that might help you:

Let us know if there is any other information that you are looking for.  We would be happy to point you in the right direction.

Market update Fox Valley week 52.  Happy Holidays!  Have a great week.

Market update Fox Valley week 52Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley week 51

Market update Fox Valley week 51.  New listings this week were down almost 32%.  100 new listings of single family homes this week compared to 147 the week before.  Sellers are waiting to get through the holiday at this point.  Next couple of weeks it should improve.

Closed listings were consistent with the week before.  242 closed single family homes this week compared to 241 the week before.  Next week is the last week of the month and year so there should be an increase then.

Market update Fox Valley week 51

 

 

 

 

 

 

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

Aurora-New 13 $179,000-$350,000

            Closed-34 $108,500-$675,000

Bolingbrook-New 6 $245,000-$509,900

                    Closed-10 $165,000-$429,000

Naperville-New 15 $395,000-$1,195,000

                 Closed-48 $140,000-$2,900,000

Oswego-New 3 $345,000-$450,000

              Closed-10 $235,000-$498,000

Plainfield-New 13 $235,000-$554,000

                Closed-28 $230,000-$550,000

St Charles/Campton Hills-

                 New-3 $414,900-$995,000

                 Closed-23 $196,500-$760,000

Yorkville-New 15 $268,490-$345,000

              Closed-13 $217,000-$705,001

Contracts accepted this week

Contracts accepted this week by sellers was pretty consistent.  189 single family homes accepted this week compared to 194 the week before.  Definitely some excited buyers and sellers right before Christmas!  Finding a home or getting a contract on your home is the first step to reaching your goal.

Market update Fox Valley week 51-Contracts accepted this week

 

 

 

 

 

 

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

Aurora-27                                 Naperville-27

Oswego-12                                Plainfield-25

St Charles/Campton Hills-17     West Chicago-10

2 short sales were accepted by sellers this week.  1 each in Naperville and Sugar Grove.  Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the buyer closing on their current home.  4 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home.  Only one this week with a kick-out clause of 48 hours.

2020 by the month

Month                         New     Closed     Contracts accepted

January                    1105        566               858

February                  1267        529             1024

March                      1186        707             1079

April                           648        786               775

May                         1352      1010             1444

June                         1232        908             1534

July                          1417      1453             1852

August                     1037       1335             1436

September               1176       1503             1503

October                      843       1116             1159

November                  567          985               699

December                  377          630               570

Totals                    12207      11528          13933

Closed listings of single family homes is the most important column to look at.  This is actual numbers.  September was the best month so far this year followed by July then August.

New listing numbers you can’t count on because some of them were canceled and relisted.  The same for contracts accepted. Some of them did not make it through the home inspection and attorney review period for many different reasons and were put back on the market and then get a contract again.

It continues to be a sellers market.  Low inventory is causing prices to go up and we are seeing multiple offers continue with so many buyers still trying to find a home.

Next week is the last week of the year.  We will compare this year to 2019 and 2018 so you can see how this year compares to the previous 2 years.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is out goal.  We will do everything we can to help you reach your goal.

If you are thinking about selling your home request a home valuation so we can let you know what your home is worth in today’s market.  We will provide you with a net proceeds that shows you an estimate of expenses to sell and what you might walk away with at closing.  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 in 2021?  You need to contact a loan officer to get prequalified first.  Get 2 years of tax returns, pay stubs, bank statements, credit card payments, car payments and any other payments you make monthly together and get them to a loan officer so you can see what price range and what type of loan will work out best for you.  They will provide you with a letter that shows what you qualify for and that will go with an offer when you find the right home.  Sellers want to know that you qualify for their home before they will consider your offer.

Check out some great resources:

Let us know if you are looking for any other information and we will be happy to point you in the right direction.

Market update Fox Valley week 51.  Have a great week and Merry Christmas!

Market update Fox Valley week 51Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101