11 2 2019-Market Update Fox Valley

11 2 2019-Market Update Fox Valley

11 2 2019-Market update Fox Valley.  New listings of single family homes were very consistent this week.  218 this week compared to 216 the week before.  How about that for consistency!  things are still happening so don’t be afraid to put your home on the market.

Closed listings of single family homes were way up.  219 this week compared to 171 the week before.  End of the month is always a busy time for closings.  That is when most buyers want to close.

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

Aurora-New 28 $75,000-$479,900

            Closed-30 $102,000-$383,500

Bolingbrook-New 14 $130,000-$400,000

                     Closed-26 $96,500-$382,000

Geneva-New 10 $324,900-$749,900

             Closed-3 $348,000-$465,000

Montgomery-New 8 $176,900-$319,660

                     Closed-13 $135,000-$320,500

Naperville-New 30 $314,900-$1,299,000

                 Closed-30 $278,000-$1,750,000

Oswego-New 18 $200,000-$549,500

             Closed-9 $215,000-$510,000

Plainfield-New 34 $233,000-$700,000

                Closed-22 $142,144-$445,000

St Charles/Campton Hills-

               New-21 $189,800-$983,000

               Closed-10 $110,500-$835,000

West Chicago-New 2 $224,900-$359,108

                      Closed-10 $100,000-$430,000

Yorkville-New 11 $149,900-$374,900

              Closed-11 $165,000-$385,000

Contracts accepted this week

11 2 2019-Market Update Fox Valley-Contracts accepted this week

Contracts accepted this week were down slightly.  183 this week compared to 196 the week before.  We did get some early winter weather this week and Thursday was Halloween.

Here are the communities that sellers accepted the most contracts this week:

Aurora-35      Bolingbrook-15     Naperville-20

Plainfield-21     St Charles/Campton Hills-14

Yorkville-11

3 Shorts sales were accepted this week by sellers.  1 each in Aurora, Bolingbrook and West Chicago.  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.  7 with a kick-out clause of 72 hours and 10 with 48 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 4 with 48 hours.

Keeping tract of contracts accepted is important to keep a eye on how many buyers are still out there willing to write an offer and to also decide if you need to adjust pricing.

2019 look at 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 

Total          14,313            9,375           11,134

Not all contracts accepted end up closing.  Some of those have gone back on the market and then another contract was accepted.  This is the critical time that it is very important to have a good REALTOR® and real estate attorney that will guide the buyer through expectations of a home inspection and negotiate repairs and attorney review.

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 goals.

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

If you are looking to buy a home you will need to talk to a loan officer first and get pre-qualified to make sure what type of loan and what price range works out best for you.

Take a look at some great resources:

11 2 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 free for another way to search for a home.  You can change to satellite view and it also has a chat feature to interact with me without leaving the app.

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 July 13 2019

Fox Valley Market Update July 13 2019

Fox Valley market update July 13 2019.  Thing are picking back up again since the holiday.  407 new listings of single family homes this week compared to 287 the week before.  What a difference a week makes!  July is usually a slow month with everyone going on vacation.  It is a good time to go on vacation right after you list your home.  Your home is easier to show and you don’t have to be inconvenienced with all the showings. It might even sell while you are gone.  Wouldn’t that be nice!

2019 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-694 so far

                  9,576 Total

Closed homes this week were slightly up.  266 this week compared to 236 the week before.  They should increase and we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-523 so far

                  5,744 Total

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

Aurora-New 47 $88,000-$599,900                                                 Closed-40 $76,000-$461,500

Batavia-New 10 $239,000-$799,900                                              Closed-8 $214,000-$365,000

Bolingbrook-New 23 $139,900-$669,900                                       Closed-31 $160,000-$434,500

Geneva-New 13 $275,000-$574,900                                               Closed-8 $385,000-$702,000

Naperville-New 98 $299,900-$2,499,000                                        Closed-48 $273,000-$1,295,000

Oswego-New 20 $229,900-$450,000                                               Closed-25 $150,000-$837,500

Plainfield-New 46 $165,000-$1,200,000                                          Closed-22 $216,000-$475,000

St Charles/Campton Hills-New 35 $159,000-$849,900                    Closed-21 $199,500-$768,000

Sugar Grove-New 11 $242,500-$435,000                                        Closed-5 $275,000-$355,000

Sycamore-New 14 $109,900-$459,000                                            Closed-4 $115,000-$292,400

West Chicago-New 10 $240,000-$589,900                                      Closed-8 $204,900-$557,000

Yorkville-New 17 $215,000-$549,900                                              Closed-7 $225,000-$390,000

Contracts accepted this week

Fox Valley Market Update July 13 2019-Contracts accepted this week

Contracts accepted this week were down.  252 this week compared to 295 the week before.  This should pick up with all the new listings that came on the market this week.

Look at the contracts accepted for 2019 by the month so far:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • July-547 so far

                  7,552 Total

Take a look at the communities seller’s accepted the most contracts this week:

Aurora-40                                                               Bolingbrook-25                                                 Montgomery-10

Napervilee-33                                                          Oswego-15                                                        Plainfield-27

St Charles/Campton Hills-22                                   Yorkville-10

Short sales were slightly up this week. 4 this week compared to 2 the week before.  This continues to be good news!  This week there were 2 in Aurora and 1 each in Naperville and Winfield.

Contracts were accepted by seller’s that are contingent on the buyer’s closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 10 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer’s selling and closing on their current home before purchasing.  1 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us with your real estate questions at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  We are keeping an eye on the market. Our goal is to negotiate price and terms that are best whether buying or selling a home.

We will tell you what you need to do to get your home market ready.  Explain the process.  Provide you with a net proceeds that shows you the expenses to sell.

If you are thinking about purchasing you will need to get pre-qualified with a loan officer.  It matters who you use.  If you need recommendations of loan officers we will recommend a few so you can decide who to use.  We will guide you through the process.  

Resources to check out:

Fox Valley market update July 13, 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 a different way to search for a home.  Sign up for free!  It has a chat feature that you can reach us to let us know you want to see something or have a question.  If you click on the satellite view you can see how a home sits on the property.  Does it have a back yard.  Is it on a corner lot.  What else is for sale in the neighborhood and the prices.  How far away is shopping and entertainment.  Let us know what you think!

Fox Valley market update July 13 2019-Satellite view

 

Fox Valley Market Update June 22 2019

Fox Valley Market Update June 22 2019

Fox Valley market update June 22 2019..  New listings of single family homes in the Fox Valley area were slightly higher this week.  444 this week compared to 433 the week before.

2019 look at new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-1,278
  • Total-8,517

One more week to go in June and it looks like we will not come close to May’s totals for new listings.  That is not good for buyer’s that are still trying to find a home.

Closed homes this week were slightly higher.  303 this week compared to 294 the week before.  Next week should be very busy for closings.

Closings in 2019 so far of single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-923
  • Total-4,891

A little over 57% of the 8,517 new listings have sold and closed so far far this year.

Take a look at the activity this week in the Fox Valley:

Aurora-New 51 $119,900-$639,900                                                         Closed-34 $125,000-$500,000

Batavia-New 16 $185,000-$629,900                                                        Closed-8 $203,000-$464,000

Bolingbrook-New 27 $129,900-$595,900                                                Closed-25 $98,175-$405,500

Geneva-New 22 $242,000-$1,295,000                                                    Closed-22 $155,000-$751,000

Montgomery-New 22 $125,000-$330,455                                               Closed-11 $86,793-$370,056

Naperville-New 102 $174,900-$1,790,000                                              Closed-52 $202,500-$1,020,000

North Aurora-New 13 $195,000-$430,000                                              Closed-8 $197,500-$368,500

Oswego-New 26 $199,900-$429,900                                                       Closed-12 $165,000-$370,000

Plainfield-New 38 $172,000-$494,000                                                     Closed-31 $182,000-$595,000

St Charles/Campton Hills-New 36 $109,800-$1,275,000                         Closed-29 $150,000-$774,900

West Chicago-New 13 $114,900-$485,000                                              Closed-8 $165,000-$432,500

Winfield-New 10 $282,900-$799,000                                                      Closed-5 $300,000-$475,000

Yorkville-New 19 $213,000-$1,100,000                                                   Closed-7 $174,000-$375,000

Contracts accepted this week

Fox Valley Market Update June 22 2019-Contracts accepted this week

Contracts accepted of single family homes this week were slightly down.  293 this week compared to 317 last week.

Contracts accepted of single family homes so far in 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-946
  • Total-6,733

That total shows you that about 79% of the homes listed this year have gone under contract.  Not all of them have closed. Some have been put back on the market because of buyer not able to get financing or some other reason.  Some of that total have gone under contract and reactivated and gone under contract again.  Closed totals are the most important.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-45                                                      Batavia-14                                              Bolingbrook-18

Geneva-12                                                     Montgomery-11                                      Naperville-50

Oswego-12                                                    Plainfield-38                                            St Charles/Campton Hills-23

Yorkville-16

Short sales accepted this week by seller’s doubled from last week.  5 this week compared to 2 the week before.  Still very low.  There were 1 each in Montgomery, Plainfield and Sandwich.  2 in Oswego this week.

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home before purchasing.  12 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer selling and closing before they can purchase.  1 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555.  Jerffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling, buying or both.

Thinking about selling?  We will update the value of your home in today’s market and provide you with a net proceeds that will show you the expenses to sell your home so you know where you are at.

If you are thinking about purchasing your first step is to contact a loan officer to get pre-qualified so you know the type of loan and what price range will work for you.

We will guide your through the process of selling or purchasing.  We can make a few recommendations of loan officers, real estate attorneys and inspectors if you don’t know any already.  You can choose who you think will workout best for you.

Check out these resources:

Fox Valley market update June 22 2019.  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 or Kristineheiman@besthomesfv.com

You can also check out a different way to search for a home.  Click on satellite view and you can see how the home is situated on the lot.  It will show you if it is a corner lot, does it have a backyard and is it fenced in,  Is there anything else for sale in the neighborhood.

 

Fox Valley Market Update May 25 2019

Fox Valley Market Update May 25 2019

Fox Valley market update May 25 2019.  New listings of single family homes were slightly lower this week.  402 this week compared to 438 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 so far-1,645

We have 1 more week to go.  This is a holiday weekend so we will see how this week goes.  Sometimes holidays are slower and others see more activity.

Closed listings of single family homes were also slightly lower.  236 this week compared to 246 the week before.

Closed single family homes so far in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-1,095

May is showing the most closings of single family homes so far.  Next week will bring these numbers up even more with the end of the month when most Buyers want to close.

Take a look at the communities with the most activity this week of single family homes:

Aurora-New 41 $160,000-$620,000                                                        Closed-28 $63,000-$540,000

Batavia-New 15 $259,900-$635,000                                                       Closed-5 $255,000-$603,500

Bolingbrook-New 26 $189,900-$766,000                                               Closed-11 $186,000-$515,000

Geneva-New 19 $239,000-$949,900                                                      Closed-5 $345,000-$770,000

Hinckley-New 10 $189,900-$394,000

Naperville-New 91 $290,000-$1,699,000                                               Closed-46 $285,500-$1,300,000

North Aurora-New 10 $165,000-$398,500                                            Closed-8 $157,000-$395,000

Oswego-New 22 $199,900-$399,900                                                     Closed-16 $163,999-$425,000

Plainfield-New 51 $179,900-$925,000                                                   Closed-38 $102,000-$640,000

St Charles/Campton HIlls-New 27 $224,900-$1,150,000                       Closed-19 $127,500-$740,000

Sycamore-New 10 $128,000-$304,000                                                  Closed-7 $159,900-$339,000

West Chicago-New 3 $119,900-$684,753                                               Closed-8 $118,000-$505,000

Yorkville-New 14 $195,000-$415,000                                                     Closed-6 $255,000-$410,000

Contracts accepted this week

Fox Valley Market Update May 25 2019-Contracts accepted this week

Contracts accepted this week of single family homes was slightly up this week.  337 this week compared to 307 the week before.

2019 look by the month of accepted contracts:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-1,380

This gives you an idea of closings to come.  March contracts accepted shows you why May closings are up.  This month’s closings will probably close the end of June or in July.  May is already above the other months and we still have a week to go.

Take a look at the communities this week that Sellers accepted the most contracts:

Aurora-46                           Batavia-13                                     Bolingbrook-33                                  Elburn-14

Geneva-15                          Montgomery-11                             Naperville-51                                      Oswego-14

Plainfield-38                      St Charles/Campton Hills-28           West Chicago-10                                 Yorkville-12

Short sales accepted of single family homes by Sellers doubled this week.  4 this week compared to 2 the week before.  These are still lownumbers.  There was 1 each in Batavia, Bolingbrook, Plainfield & St Charles/Campton Hills.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home.  12 with a kick-out clause of 72 hours, 17 with 48 hours and 4 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 5 also with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101 with all of your real estate questions.  Our goal is to negotiate price and terms that are best whether buying or selling a home.  We are keeping an eye on the market.  Check back here every Saturday for the Fox Valley market update.

Resources to check out:

Fox Valley market update May 25 2019.  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

630-503-6555

Check out this different way of searching that you can see where in the neighborhood the home is. Is it on a corner, does it have a back yard or is there anything else for sale and how much. Let us know what you think!

Fox Valley Market Update-April 13 2019

Fox Valley Market Update-April 13 2019

Fox Valley market update-April 13 2019.  Spring market is humming along.  New listings of single family homes is up this week.  433 new homes on the market compared to 415 the week before.

April is usually the best month of the year to sell your home.  Don’t miss out on this opportunity if you are thinking about making a move this year.

Take a look at the new listings of home so far this year:

  • January-878
  • February-1,032
  • March-1,731
  • April so far-848

Buyers that are looking to purchase a home over $200,000 have a good selection to choose from.  Under that price is still kind of hard to find.  You might need to expand the areas that you are looking at.

Closed listings of homes is down this week.  174 this week compared to 202 the week before.  This is not unusual.  The last week of the month is when you will see the most.

Look at the year so far of closed listings of homes:

  • January-407
  • February-465
  • March-915
  • April so far-374

If your home sold today you are looking at the end of May or beginning of June for a closing if the buyer is getting loan.  

Here is the communities with the most activity this week and price range:

Aurora-New 47 $99,900-$995,000                                           Closed-33 $81,000-$499,900

Batavia-New 13 $209,900-$695,000                                        Closed-5 $199,900-$972,000

Bolingbrook-New20 $119,000-$449,000                                  Closed-13 $130,000-$400,000

Geneva-New 27 $279,108-$849,900                                         Closed-8 $314,000-$450,000

Montgomery-New 13 $160,000-$289,900                                Closed-6 $165,000-$310,000

Naperville-New 115 $229,900-$2,500,000                               Closed-30 $220,000-$1,130,000

Oswego-New 17 $227,000-$495,000                                        Closed-8 $235,000-$353,000

Plainfield-New 49 $129,000-$679,900                                      Closed-26 $175,000-$638,500

St Charles/Campton Hills-New 43 $139,900-$2,499,900          Closed-8 $187,000-$685,000

Sugar Grove-New 11 $199,900-$729,900                                 Closed-3 $190,000-$287,000

Sycamore-New 10 $140,000-$339,900                                     Closed-4 $61,000-$268,000

Yorkville-New 16 $214,900-$1,100,000                                     Closed-4 $177,000-$310,000

Contracts Accepted this Week

Fox Valley Market Update-April 13 2019-Contracts Accepted this week

Contracts accepted by Sellers this week were up.  346 this week compared to 309 the week before.  Buyers have more to choose from so these numbers will go up.  Now is the time to get serious about looking for a home.  Make sure you are pre-qualified and it is up to date.  Your pre-qualification letter should be dated no more than 30 days or you will need to get it updated with your loan officer.

Here is a look at the numbers of the contracts that have been accepted so far this year:

  • January-608
  • February-832
  • March-1,375
  • April so far-655

Here are the communities that have had the most contracts accepted by Sellers this week:

Aurora-44                                        Batavia-10                                        Bolingbrook-31

Montgomery-15                               Naperville-56                                    Oswego-22

Plainfield-52                                    St Charles/Campton Hills-34            Yorkville-11

Short sales this week were exactly the same as last week.  5 for both weeks.  This week there were 2 each in Bolingbrook and St Charles/Campton Hills. 1 in Montgomery.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  5 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  3 with a kick-out clause of 72 hours, 1 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether Selling or Buying a home.  Let us know what questions you have.  We will guide you through the process.

If you need recommendations for a real estate attorney, home inspector, loan officer or information about Radon we will be happy to provide ones we have successfully worked with.

Resources for you to check out:

Fox Valley Market update-April 13 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

Here is a different search tool that will let you see a birds eye view of homes so you can see if it has a back yard, on a corner lot or what else is for sale in the neighborhood.  Try it out and email us and let us know how you like it.

Market Update Fox Valley-April 6 2019

Market Update Fox Valley-April 6 2019

Market update Fox Valley-April 6 2019.  The market continues to improve.  New listing this week were up.  415 new single family homes listed compared to 351 last week.  As you can see, if you are looking for a home above $200,000 you have a better chance of finding something that fits your needs.  If you are below that you have to look a little harder or expand the communities that you are looking in.

So far this year the new listing have continued to increase:

  • January-878
  • February-1,032
  • March-1,731
  • April- so far 415

Closed listings this week were consistent with the week before.  202 this week compared to 200 the week before.  Usually the first week of the month are lower.  Most buyers want to close at the end of the month.

So far this year the closing have also increased:

  • January-407
  • February-465
  • March-915
  • April- so far 200

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

Aurora-New 53 $129,900-$609,900                                     Closed-36 $50,000-$625,000

Batavia-New 11 $249,900-$650,000                                    Closed-7 $245,000-$427,500

Bolingbrook-New 24 $199,500-$539,900                            Closed-16 $165,000-$375,000

Geneva-New 23 $199,900-$1,250,000                                Closed-4 $196,500-$321,000

Montgomery-New 11 $173,000-$299,000                           Closed-10 $164,000-$279,500

Naperville-New 87 $255,000-$1,850,000                            Closed-31 $260,000-$781,000

North Aurora-New 10 $239,000-$350,000                         Closed-3 $270,000-$415,000

Oswego-New 27 $220,000-$540,000                                  Closed-11 $187,000-$375,000

Plainfield-New 48 $148,000-$730,000                                Closed-23 $149,000-$495,000

St Charles/Campton HIlls-New 30 $174,900-$1,075,000    Closed-16 $67,500-$614,900

West Chicago-New 11 $99,900-$665,000                            Closed-6 $220,000-$442,000

Winfield-New 13 $264,900-$855,000                                  Closed-2 $254,000-$520,000

Yorkville-New 14 $189,900-$660,000                                  Closed-6 $212,000-$352,500

Contracts Accepted this Week

Market Update Fox Valley-April 6 2019-Contracts Accepted this week

Contracts accepted this week were slightly higher this week.  309 this week compared to 297 the week before.  With more homes coming on the market these numbers should steadily increase as the month continues.

Accepted contracts so far this year:

  • January-608
  • February-832
  • March-1,375
  • April so far 309

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-48                          Bolingbrook-18                               Geneva-12                               Montgomery-18

Naperville-54                     Oswego-21                                      Plainfield-35                            St Charles/Campton Hills-30

Short sales accepted this week by Sellers was slightly up this week.  5 this week compared to 3 the week before.  These numbers are still very low.  That is a good thing.  There was 1 each in Montgomery, Naperville, Oswego, Plano & St Charles/Campton Hills.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours and 11 with 48 hours.

Contracts were also accepted by Sellers that the Buyer still needs to sell their current home and close before purchasing.  3 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104,  Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling or buying a home.  We will explain the process so you know what to expect. Give recommendations of loan officers, real estate attorneys, home inspectors to contact that we have successfully worked with.

Resources to check out:

Market update Fox Valley-April 6 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 homes.

 

Market Update Fox Valley-March 30 2019

Market Update Fox Valley-March 30 2019

Market update Fox Valley-March 30 2019.  New listings of homes this week were consistent with last week. 351 this week compared to 359 the week before.  March was very consistent throughout the month.  You should be able to click on the picture above to make it bigger.  If you would like me to email it to you let us know.

New listings so far this year:

  • January-878
  • February-1,032
  • March-1,731

There is 1 more day this month but it is a Sunday so we will add it in to next weeks totals.  You can see it was a steady increase from January- March.

Closed listings of homes increased this week.  Most Buyers like to close at the end of the month so that was expected.

Closed homes so far this year:

  • January-407
  • February-465
  • March-915

Look at the increase of closings in March!  More than doubled from January and almost doubled from February.   We are on the road to a good Spring market!  Now is the time to sell if you want to make a move this year.

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

Aurora-New 33 $127,900-$624,900                                     Closed-36 $130,000-$463,000

Batavia-New 9 $195,000-$490,000                                      Closed-11 $150,000-$471,400

Bolingbrook-New 26 $174,000-$599,999                            Closed-16 $157,100-$405,000

Geneva-New 23 $200,000-$959,000                                   Closed-8 $160,000-$618,500

Montgomery-New 20 $174,900-$336,900                          Closed-10 $140,000-$312,900

Naperville-New 63 $249,900-$1,500,000                           Closed-41 $255,000-$834,056

Oswego-New 24 $184,900-$1,550,000                              Closed-9  $182,400-$343,900

Plainfield-New 39 $149,000-$1,995,000                            Closed-22 $206,500-$550,000

St Charles/Campton Hills-New 33 $264,900-$2,495,000   Closed-11 $232,000-$627,240

Yorkville-New 28 $150,000-$549,000                                 Closed-11 $225,800-$345,900

Contracts Accepted this Week

Market Update Fox Valley-March 30 2019-Contracts Accepted this Week

Contracts accepted this week were consistent with last week.  297 this week compared to 304 last week.    So far this year:

  • January-608
  • February-832
  • March-1,375

March was more than double January totals.  We will see if April is double February totals.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-43                                Bolingbrook-23                               Geneva-14                                Montgomery-16

Naperville-49                           Oswego-12                                      Plainfield-36                             St Charles/Campton Hills-20

West Chicago-12                     Yorkville-11

Short sales accepted were also consistent with last week. 3 this week compared to 4 the week before.  1 each in Aurora, Bolingbrook & Plainfield.

Sellers accepted contracts that are contingent on the closing of the Buyers current home.  3 with a kick-out Clause of 72 hours, 9 with 48 hours and 4 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 2 with 24 hours.

Contact us

Give a call at 630-503-6555  Jeffery Szymczak-Broker ext 104,  Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

We can update the value on your home in the current market.  Provide you with a net proceeds that shows you the expenses to sell.  We will update this when an offer comes in and we know all the terms.

If you are thinking about buying a home you need to get pre-qualified with a loan officer first.  They will give you a letter that will go with an offer when we find you a home.  It states what you qualify for and what type of loan you will be going for.

Things to check out:

Market update Fox Valley-March 30 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 Search tool – You can see a bird eye view to see where a home is within the block and what is for sale around it. Let us know which one you like better.