Fox Valley home prices February 10th

Fox Valley home prices February 10th

Fox Valley home prices February 10th.  Another week with mid 40’s and then we will back to the 30’s during the day.  Not bad for February.

New listings this week are slightly up.  145 this week compared to 138 the previous week.

Closed listings are down significantly.  72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

             Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

          Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

                   Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

                  Closed-10 $353,000-$760,008

19 other communities had activity this week.  Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024
Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024
Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024
Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024
FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024
VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time.  Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024
2000 SF or more closed for week ending February 10th 

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up.  177 this week compared to 142 the previous week.

ox Valley home prices February 10th-Under contract this week

Aurora-19                       Elgin-21

Naperville-24                 Oswego-10

Plainfield-25

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

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

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024
Under contract stats for week ending February 10th

2024 by the month

Month                   New   Closed   Under contract

January                  576        523            599

February                145          72             177

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

At the end of each month we will also take a look at 2023 and 2022 so you have something to compare to so you can see how it is going this year.

Contact us

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

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

Info to check out

Fox Valley home prices February 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 16th

Fox Valley home prices December 16th

Fox Valley home prices December 16th.  Mid 40’s continue to the end of the year.  We will take it.

New listings this week are consistent.  78 this week compared to 85 the previous week.

Closed listings are also consistent.  138 this week compared to 132 the previous week.

We definitely are not setting any records this year.

Aurora-New 11 $215,000-$627,000

             Closed-20 $142,500-$760,000

Elburn-New 2 $484,800-$825,000

            Closed-10 $318,600-$515,000

Naperville-New 7 $449,900-$1,585,000

                  Closed-31 $412,000-$1,550,000

Plainfield-New 18 $335,000-$650,000

                Closed-18 $280,000-$604,000

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

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

Median list price this week $425,000, last week $399,500.

Closed median price this week $417,495, last week $364,950.

Stats 121623
Stats for week ending December 16th

Conventional financing was used to close on 96 homes this week at median price $439,950 with 36 days average market time, last week 84 homes at median price $368,659 with 28 days average market time.

Conv 121623
Conventional financing used to close for week ending December 16th.

Cash was used to close on 18 homes this week at median price $400,500 with 54 days average market time, last week 25 homes at median price $485,000 with 37 days average market time.

Cash 121623
Cash used to close for week ending December 16th.

FHA financing was used to close on 21 homes this week at median price $371,000 with 49 days average market time, last week 16 homes at median price $352,500 with 28 days average market time.

FHA 121623
FHA financing used to close for week ending December 16th.

VA financing was used to close on 3 homes this week at median price $289,900 with 33 days average market time, last  week 7 homes at median price $364,900 with 40 days average market time.

VA 121623
VA financing used to close for week ending December 16th.

2,000 SF or more close on 80 homes this week at median price $528,500 with 45 days average market time, last week 63 homes at median price $490,000 with 40 days average market time.  Minimum price this week $315,000, last week $115,000.

2000 SF or more 121623
2,000 SF or more closed for week ending December 16th.

Conventional financing continues to be the most used way to close.  FHA financing finally beat out cash this week.  

Under contract this week

Fox Valley home prices December 16th-Under contract this week

Homes that went under contract this week are down.  88 this week compared to 135 the previous week.

Aurora-13                         Naperville-19

Plainfield-18

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

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

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

Median price of homes that went under contract this week $414,950 with 54 days average market time, last week $379,900 with 61 days average market time.

Under contract stats 121623
Under contract stats for week ending December 16th.

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                   1030      1059            926

July                      765        745            805

August                 869       988            915

September           684        621            623

October                639        568           549

November            601         720           610

December             163         270           223

Totals                 7864        7601         8207

Check 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 2022 and 2021.

Contact us

Call us with all your real estate questions.  Your goal is our goal.

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

We have some resources you can check out on our website for types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation, sign-up for email alerts and search for a home here.

Fox Valley home prices December 16th.  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 2nd

bhfv Cover 050623

Fox Valley home prices December 2nd.  The weather has not been bad so far for this time of year.  We had a little snow but that is gone now.  No snow for at least the next couple of weeks.

New listing are up.  115 this week compared to 67 the previous week.

Closed listings are up.  153 this week compared to 90 the previous week.  

It was a holiday week the previous week so it is not comparing to a normal week.

Fox Valley home prices December 2nd

Aurora-New 17 $205,000-$699,000

             Closed-21 $185,000-$640,000

Bolingbrook-New 13 $239,900-$529,900

                      Closed-11 $280,000-$801,736

Geneva-New 3 $435,000-$1,393,805

              Closed-10 $365,500-$710,000

Naperville-New 21 $349,900-$4,888,000

                   Closed-21 $325,000-$2,550,000

Oswego-New 4 $405,643-$600,510

               Closed-11 $265,000-$1,325,000

Plainfield-New 19 $295,000-$695,000

                  Closed-26 $239,800-$657,395

St Charles-New 1 $898,000

                  Closed-10 $290,000-$1,934,500

Yorkville-New 5 $394,500-$429,900

                Closed-11 $310,000-$475,000

Other communities had activity this week.  Look at the photo above to see the price ranges in those communities.

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

Median list price this week $407,771, last week $375,000.

Closed median price this week $424,900, last week $387,000.

Stats 120223
Stats for week ending December 2nd.

Conventional financing was used to close on 104 homes this week at median price $430,000 with 39 days average market time, last week 58 homes at median price $387,500 with 30 days average market time.

Conv 120223
Conventional financing used to close for week ending December 2nd.

Cash was used to close on 24 homes this week at median price $444,432 with 40 days average market time, last week 14 homes at median price $402,500 with 34 days average market time.

Cash 120223
Cash used to close for week ending December 2nd.

FHA financing used to close on 15 homes this week at median price $330,000 with 50 days average market time, last week 11 homes at median price $360,000 with 14 days average market time.

FHA 120223
FHA financing used to close for week ending December 2nd.

VA financing was used to close on 8 homes this week at median price $409,900 with 56 days average market time, last week 7 homes at median price $483,293 with 23 days average market time.

VA 120223
VA financing used to close for week ending December 2nd.

2,000 SF or more closed on 95 homes this week at median price $497,500 with 44 days average market time, last week 44 homes at median price $481,646 with 38 days average market time. Minimum price this week $229,900, last week $301,000.

2000 SF or more 120223
2,000 SF or more closed for week ending December 2nd. 

Conventional financing continues to be the way to go if you do not have cash.

Under contract this week

Homes that went under contract this week are slightly down.  92 this week compared to 115 the previous week.

Fox Valley home prices December 2nd-Under contract this week

Aurora-17                      Naperville-11

Plainfield-16

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

A seller accepted a contract this week that is contingent on the buyer closing on their current home.  1 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.  2 with a kick-out clause of 72 hours and 5 with 48 hours.

Median price of homes that went under contract this week $360,000 with 44 days average market time, last week $399,900 with 38 days average market time.

Under contract stats 120223
Median prices of home under contract for week ending December 2nd.

2023 by the month and a look back at 2022 and 2021

2023

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                  1030      1059            926

July                     765        745            805

August                869       988             915

September          684       621             623

October               639       568             549

November           601       720              610

Totals                 7701     7331            7984

2022

January                422      492              623

February              523      520              724

March                   734     904              890

April                    1168     966             1334

May                     1101     893              806

June                     1295   1409             1234

July                        955    932              908

August                 1019   1134             1062

September             730    733              698

October                  699    612              646

November              574    764              624      

Totals                   9220  9359           9549

2021

January                  543    649             829

February                561     604             778

March                     993   1099           1455

April                     1006     926            1387

May                      1008   1288            1289

June                       1450   1686            1671

July                        1118    1182             1210

August                   1109   1203             1170

September             1083   1411              1251

October                    715     973              930

November                557    854              931

Totals                    10143  11875          12901

The numbers keep decreasing every year.  That is why prices have gone up so much.  Not enough homes come on the market.

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.

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

For some great resources about types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request and to sign-up for email alerts go here.

Fox Valley home prices December 2nd.  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 September 30th

bhfv Cover 050623

Fox Valley home prices September 30th.  This might be our last week in the 80’s for this year.  We head to the mid 50’s next week for a high.

New listings are consistent.  159 this week compared to 162 the previous week.

Closed listings are up.  205 this week compared to 144 the previous week.

Fox Valley home prices September 30th

Aurora-New 26 $175,000-$535,000

             Closed-35 $126,500-$710,000

Bolingbrook-New 4 $272,900-$1,174,900

                      Closed-16 $190,000-$780,000

Naperville-New 24 $399,999-$1,635,000

                   Closed-29 $339,900-$1,150,000

Oswego-New 6 $375,000-$569,900

               Closed-10 $300,000-$700,000

Plainfield-New 31 $289,900-$789,900

                  Closed-29 $185,000-$790,000

St Charles-New 10 $270,000-$2,650,000

                  Closed-15 $205,000-$840,500

Yorkville-New 2 $234,500-$350,000

                Closed-10 $205,000-$512,500

Other communities had activity this week.  Check with the photo above to see those communities and their price ranges.

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

Median list price this week $414,520, last week $419,995.

Closed median price this week $405,000, last week $427,000.

Stats 093023
Stats for week ending September 30th

Conventional financing was used to close on 150 homes this week at median price $410,000 with 32 days average market time, last week 103 homes at median price $460,000 with 20 days average market time.

Conv 093023
Conventional financing used to close for week ending September 30th

Cash was used to close on 28 homes this week at median price $414,950 with 30 days average market time, last week 22 homes at median price $452,500 with 40 days average market time.

Cash 093023
Cash was used to close for week ending September 30th

FHA financing was used to close on 16 homes this week at median price $322,495 with 33 days average market time, last week 15 homes at median price $345,000 with 42 days average market time.

FHA 093023
FHA financing used to close for week ending September 30th

VA financing was used to close on 8 homes at median price $467,450 with 21 days average market time, last week 4 homes at median price $295,000 with 34 days average market time.

VA 093023
VA financing used to close for week ending September 30th

2,000 sf or more closed on 114 homes this week at median price $517, 495 with 31 days average market time, last week 88 homes at median price $510,500 with 25 days average market time.  Minimum price this week $290,000, last week $235,000.

2000 SF or more 093023
2000 SF or more for week ending September 30th

73% of homes this week used Conventional financing to close.  More homes closed using cash than FHA financing.  You might be able to buy more using FHA but if you can’t get it accepted it doesn’t help much.

Under contract this week

Homes that went under contract this week are up.  170 this week compared to 143 the previous week.

Fox Valley home prices September 30th-Under contract this week

Aurora-30                           Bolingbrook-10

Naperville-34                     Plainfield-23

St Charles-16   

1 short sale 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.  2 with a kick-out clause of 48 hours and 1 with 24 hours.

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

Median price of homes that went under contract this week $411,950 with 42 days average market time, last week $399,900 with 31 days average market time.

Under contract stats 093023
Under contract stats for week ending September 30th

2023 by the month and a look back at 2022 and 2021

2023

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                     1030       1059                926

July                        765         745                805

August                  869        988                915

September            684        621                 623

Totals                   6461      6043               6825

2022

January                 422        492                 623

February               523        520                 724

March                    734        904                890

April                     1168        966               1334

May                      1101        893                 806

June                      1295      1409                1234

July                        955        932                  908

August                  1019       1134                1062

September              730        733                 698

Totals                    7947      7983               8279

2021

January                   543       649                 829

February                 561        604                 778

March                     993       1099               1455

April                      1006        926                1387

May                       1088       1288               1289

June                        1450       1686               1671

July                         1118        1182                1210

August                    1101       1203                1170

September             1083        1411                 1251

Totals                    8943     10048               11040

Everything decreased yearly.  That is why the prices keep rising.

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

Resources

Click on everything that is bold and underlined to take you to the site for the information.   Let us know if you are looking for any other information.  We will point you in the right direction.

All data provided 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 September 30th.  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 August 5th

bhfv Cover 050623

Fox Valley home prices August 5th. 70 and 80’s during the day and low to mid 60’s at night for the next couple of weeks.  A few days of rain to look forward to.

New listings this week are down.  185 this week compared to 204 the previous week.

Closed listings are consistent.  211 this week compared to 212 the previous week.

Fox Valley home prices August 5th

Aurora-New 27 $134,900-$1,250,000

             Closed-21 $99,544-$821,000

Bolingbrook-New 11 $254,500-$761,649

                      Closed-17 $237,000-$530,000

Geneva-New 6 $419,900-$720,000

              Closed-10 $275,000-$1,315,000

Naperville-New 32 $349,900-$8,200,000

                   Closed-46 $370,000-$1,725,000

Oswego-New 13 $380,000-$552,407

               Closed-8 $245,000-$1,250,000

Plainfield-New 24 $325,000-$667,500

                  Closed-36 $310,000-$880,000

St Charles-New 13 $299,900-$1,600,000

                  Closed-13 $231,000-$855,000

Yorkville-New 10 $269,900-$539,900

                Closed-12 $260,000-$515,000

These are the communities with the most activity this week.  Other communities had activity as well.  Click on the photo above to see the price ranges.  You just might find a price range that works for you.

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

Median list price this week $449,900, last week $449,945.

Closed median price this week $442,000, last week $432,500.

Stats 080523
Stats for week ending August 5th

Conventional financing was used to close on 152 homes this week at median price $460,000 with 27 days average market time, last week 153 homes at median price $475,000 with 25 days average market time.

Conv 080523
Conventional financing used to close for week ending August 5th

Cash used to close on 34 homes this week at median price $414,000 with 22 days average market time, last week 28 homes at median price $400,000 with 38 days average market time.

Cash 080523
Cash used to close for week ending August 5th

FHA financing used to close on 18 homes this week at median price $368,950 with 9 days average market time, last week 19 homes at median price $339,900 with 30 days average market time.

FHA 080523
FHA financing used to close for week ending August 5th

VA financing was used to close on 6 home this week at median price $347,500 with 43 days average market time, last week 12 homes at median price $417,244 with 30 days average market time.

VA 080523
VA financing used to close for week ending August 5th

2,000 Square feet or more closed on 145 homes at median price $515,000 with 27 days average market time, last week 134 homes at median price $552,666 with 34 days average market time.  Minimum price this week $245,000, last week $250,000.

2000 SF or more 080523
2,000 SF or more closed for week ending August 5th

72% of homes closed using Conventional financing. 

Under contract this week

Homes under contract this week are slightly up.  194 this week compared to 185 the previous week.

Fox Valley home prices August 5th-Under contract this week

Aurora-18                           Bolingbrook-21

Geneva-10                          Naperville-30

Oswego-13                         Plainfield-30

St Charles-18                      Yorkville-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  2 with a kick-out clause of 72 hours and 3 with 48 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 48 hours and 1 that does not let us know.

Homes that went under contract this week had a median price of $389,900 with 30 days average market time, last week $419,900 with 28 days average market time.

Under contract stats 080523
Under contract stats for week ending August 5th 

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              1030       1059            926

July                 765         745            805

August            185         211             194

Totals           5093       4645          5481

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

Resources

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

If you would like to know what your home might sell for in today’s market request a home valuation and we will also provide you with an estimate of expenses to sell so you know what you might walk away with.

You can sign-up for email alerts so you can see homes when they hit the market.

Search for a home anytime even if it is just to keep an eye on the prices in your neighborhood.

All data provided today is from our MLS, MRED, LLC.  It changes continuously 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 August 5th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-6503-6555 Ext 101

 

Fox Valley home prices April 30

Fox Valley Home Prices April 23

Fox Valley home prices April 30.  New listings of single family homes are down.  232 this week compared to 302 the previous week.  This is not heading in the right direction.  We need to keep increasing the amount of homes listed to keep up with the demand.

Closed listings this week are slightly up.  217 this week compared to 198 the previous week.  Most buyers want to close at the end of the month.

Fox Valley home prices April 30

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

Aurora-New 29 $129,000-$925,000

            Closed-27 $135,000-$550,000

Bolingbrook-New 20 $275,000-$525,000

                     Closed-15 $191,500-$510,000

Geneva-New 12 $239,500-$799,900

              Closed-11 $260,000-$810,344

Naperville-New 50 $285,000-$1,525,000

                  Closed-41 $286,500-$1,450,000

Oswego-New 16 $160,000-$650,000

               Closed-9 $224,000-$705,558

Plainfield-New 24 $199,000-$659,900

                 Closed-34 $215,000-$970,000

St Charles-New 18 $274,900-$838,000

                  Closed-16 $270,000-$1,350,000

Yorkville-New 7 $255,000-$499,900

                Closed-12 $220,000-$475,000

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

Median list price this week $399,900, last week $410,000.

Closed median price this week $393,717, last week $389,000

Stats 043022
Median listed and closed Stats for week ending April 30

Conventional financing was used to close on 170 homes this week at a median price of $415,500 in 20 days average market time, last week 152 homes closed at median price of $395,000 with 27 days average market time.

Conv 043022
Conventional financing used for week ending April 30

Buyers used cash to close on 27 single family homes with a median price of $370,000 and 29 days average market time, last week buyers closed on 23 homes with a median price of $470,000 and 12 days average market time.

Cash 043022
Cash used to close for week ending April 30

FHA financing was used to close on 16 homes with a median price of $307,500 and 27 days average market days, last week also 16 homes at median price of $287,500 and 12 days average market time.

FHA 043022
FHA financing used to close for week ending April 30

VA financing was used to close on 4 homes with a median price of $332,500 and 6 days average market time, last week 6 homes with a median price of $258,500 and 41 days average market time.

VA 043022
VA financing used to close for week ending April 30

2,000 square feet or more homes closed on 140 single family homes with a median price of $473,142 and 20 days average market time, last week 116 homes with a median price of $473,750 and 33 days average market time.  Minimum price this week for a home that is at least 2,000 SF or more closed at $258,000, last week $191,000.

2000 SF or more 043022
Homes that are at least 2,000 SF or more closed for week ending April 30

Contracts accepted this week

Contracts accepted this week were up.  325 this week compared to 245 the previous week.

Fox Valley home prices April 30-Contracts accepted this week

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

Aurora-41                       Bolingbrook-27

Naperville-66                 North Aurora-12

Oswego-17                      Plainfield-40

St Charles-24                 Winfield-11

Yorkville-13

1 short sale was accepted by a seller this week.  It is in Aurora.  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.  3 with a kick-out clause of 72 hours, 10 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 48 hours.

2022 by the month and a look back at 2021 and 2020

2022

Month             New   Closed   Contracts accepted

January                  422         492              623

February                523         520              724

March                    734         904              966

April                     1168         966             1334

Totals           2847     2882        3571

2021

January                 543          649              829

February               561           604              778

March                   993         1099             1455

April                    1006          926             1387

Totals           3103     3278         4449

2020

January               1105          566                858

February             1267          529              1024

March                  1186          707              1079

April                     648          786                775

Totals           4206     2588         3736

2020 had the most new listings with the least amount of closed.  This year we have the least amount of new listings and we are coning in 2nd for closed listings out of the 3 years.

New listings are steadily increasing this year, but not fast enough for the amount of buyers that are looking.

Resources

Click on anything that is underlined to take you to the site to get the information.  If there is any other information that you are looking for just let us know.

Check with your loan officer to see what interest rates they are offering you.  It depends on your credit score what interest rate you will be offered. They can help you bring up your score if you need to improve it. 

Get the loan officer all your financial information so they can run you through underwriting so you are ready to go.  When you find a house all you will need to do is home inspection/attorney review, and then you will be ready to order the appraisal.  Just talking to them over the phone and giving them your information isn’t good enough anymore.  You need to take this extra step to get ready before looking for homes.

Request a home valuation if you are thinking about selling your home.  Let us know about your home and what has recently been updated.  We will provide you with a net proceeds that shows you an estimate of the expenses to sell.  When an offer comes in we will update this when we know all the terms.

You can sign-up for email alerts and get listings as they hit the market so you will not miss out on a thing.

If you are on facebook you can go to my business page and click on “shop now” and search anywhere in Illinois.  You can even see what has sold.

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.

If you need names of home inspectors or real estate attorneys we can provide you with a few that we have successfully worked with.

All data provided is from our MLS.  MRED, LLC.  It changes constantly throughout the day as agents update their information with new listings and status changes.

Fox Valley home prices April 30.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices March 12 2022

Fox Valley home prices March 12 2022

Fox Valley home prices March 12 2022.  Every community in the Fox Valley area of Illinois has a little different pricing.  It is good to know what they are, so you can decide on the community that you will have the most success finding the home that is right for you.

New listings this week on single family homes were slightly lower.  184 this week compared to 197 the previous week.

Closed listings this week on single family homes were also lower.  150 this week compared to 174 the previous week. 

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

Aurora-New 22 $135,000-$750,000

             Closed-25 $135,000-$660,000

Bolingbrook-New 11 $243,000-$550,228

                   Closed-12 $180,000-$432,200

Naperville-New 35 $349,900-$2,249,000

                  Closed-19 $303,000-$1,020,000

Plainfield-New 19 $300,000-$729,900

                Closed-20 $165,000-$640,000

Sandwich-New 11 $130,000-$349,900

                 Closed-4 $315,000-$480,000

St Charles-New 16 $325,000-$975,000

                  Closed-15 $225,000-$1,650,000

Financing used, median prices and 2,000 or more square feet

The median list price this week $383,675, last week $375,000.

Median closed price this week $383,000, last week $365,000 with 14 days average market time and 39 days to close.

Stats 031222
Stats for the week ending March 12, 2022

Conventional financing was used to close on 111 single family homes this week with average market time 30 days, last week 123 at median price of $385,548 with average market time 41 days.

Conv 031222
Conventional financing used for week ending March 12, 2022

Cash  was used to close on 16 single family homes at median price of $373,500 with average market time of 89 days, last week 19 at median price of $326,000 with average market time of 25 days.

Cash 031222
Cash used to close week ending March 12, 2022

FHA financing used to close on 20 single family homes at median price of $327,500 with average market time of 47 days, last week 22 homes at median price of $275,750 with average market time of 35 days.

FHA 031222
FHA financing used to close week ending March 12, 2022

VA financing was used to close on 3 homes at median price of $500,000 with average market time of 30 days, last week 9 homes at median price of $365,000 with average market time of 55 days.

VA 031222
VA financing used to close for week ending March 12, 2022

Homes that were 2,000 square feet or more closed on 89 with a median price of $450,000 this week with average market time 38 days, last week 95 homes at median price of $436,000 with average market time of 45 days.  The minimum price this week was $192,000, last week the minimum price was $217,000.

Conventional financing is still the #1 type of financing used and accepted by seller’s right now.

Contracts accepted this week

Fox Valley home prices March 12 2022-Contracts accepted this week

Contracts accepted this week are staying pretty consistent.  218 this week compared to 213 the previous week.

Aurora-24                          Bolingbrook-18

Geneva-12                          Naperville-45

Plainfield-23                      St Charles-23

Yorkville-12

No short sales were accepted by seller’s this week.  That does not mean that they are not out there trying to sell.

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

The median price on homes that went under contract this week was $394,750 with average market time of 27 days.

Contingent Stats 031222
Contracts accepted stats for week ending March 12, 2022

2022 by the month

Month                           New   Closed   Contracts accepted

January                                       422        492              623

February                                     523        520              724

March                                          381        557              431

Totals                          1326    1569       1778

Check back with us every Saturday for the real estate market update.  At the end of each month we will also show you 2021 and 2020, so you can see  how this year is going compared to the previous 2 years.

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.

It is still a seller’s market here in the Fox Valley.  Prices continue to rise because of the low inventory of homes for sale.  This is a great time to be a seller.  It is frustrating to be a buyer.

Request a home valuation if you are thinking about selling your home and want to know what the value is in today’s market.  Give us some information about your home and what has recently been updated.  We will let you know what the expenses to sell might be.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Get in touch with a loan officer and get them all your financial information and have them run you through underwriting so you are approved subject to the address, appraisal and title work if you are thinking about buying.  You have to be ready to go in this market .  It moves fast and if you haven’t completed this you will lose out on a home.

Set up email alerts so you receive listings as they hit the market so you don’t miss out on anything.

Resources

Types of loans and the process

VA loans and the requirements

Current interest rates

Down payment assistance

IHDA programs

Check with your loan officer for the interest rate you will be offered.  It depends on your credit score.  They can also help you to bring your score up.

Hover and click your mouse over anything that is underlined and in darker print for links to the information.

All data used today is from our MLS-MRED,LLC.

If you are looking for attached homes let us know when you contact us either by filling out the form or call us.

Fox Valley home prices March 12 2022.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices March 5 2022

Fox Valley home prices March 5 2022

Fox Valley home prices March 5 2022.   We hope for peace soon for Ukraine.  The pace of new listings of single family homes coming on the market picked up slightly.  197 this week compared to 163 the week previously.

Closed listing also picked up.  174 this week compared to 128 the week previously.

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

Aurora-New 20 $124,900-$749,900

            Closed-24 $170,000-$600,000

Bolingbrook-New 13 $239,900-$899,900

                    Closed-14 $180,000-$560,000

Naperville-New 40 $249,000-$2,950,000

                 Closed-21 $340,000-$1,425,000

Oswego-New 15 $244,900-$1,450,000

             Closed-13 $293,200-$682,200

Plainfield-New 24 $218,000-$600,00

                Closed-23 $251,101-$665,000

St Charles-New 17 $274,900-$3,299,000

                  Closed-8 $235,000-$720,000

Yorkville-New 12 $326,900-$464,900

               Closed-16 $172,500-$602,500

Click on the photo above to take a look at the other communities that also had activity this week.

Financing used, median prices and 2,000 or more square feet

Median list price on single family homes this week $375,000, last week $385,000.

Closed median price this week $365,000, last week $343,500.  The average days active this week 24 days with 39 to close.  Previous week average days active 8 days with 42 days to close.

Stats 030522
Stats for week ending March 5 2022

Conventional financing was used to close 123 homes this week with a median price of $385,548 with average market time 41 days, last week 90 homes at median price of $375,000 with 40 days average market time.

Conv 0030522
Conventional Financing used week ending March 5 2022

Cash was used to close on 19 homes this week at median price of $326,000 with 25 days average market time, last week 13 homes at median price of $275,000 with 57 days average market time.

Cash 030522
Cash used to close week ending March 5 2022

FHA financing was used to close on 22 homes this week with  a median price of $275,750 in 35 days average market time, last week 19 homes at median price of $290,000 in 54 days average market time.

FHA 030522
FHA financing used to close week ending March 5 2022

VA financing was used to close on 9 homes this week with a median price of $365,000 in 55 days average market time, last week 4 homes at median price of $269,494 in 24 days average market time.

VA 030522
VA financing used to close week ending March 5 2022

95 homes that are at least 2,000 square feet or more closed this week at a median price of $436,000 in 45 days average market time, last week 68 homes closed at median price of $420,995 in 47 days average market time.  The minimum price this week was $217,000, last week $160,000.

2000 SF or more 030522
Homes that are 2,000 SF or more week ending March 5 2022

Contracts accepted this week

Fox Valley home prices March 5 2022-Contracts accepted this week

Contracts accepted this week  were slightly up.  213 this week compared to 191 the previous week.  With more new listings this week we should see this number go up next week.

Look at the communities seller’s accepted the most contracts:

Aurora-30                          Bolingbrook-10

Geneva-10                          Naperville-51

Oswego-12                         Plainfield-31

St Charles-13

1 short sale was accepted by a seller this week.  It was in Winfield.  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.  3 with a kick-out clause of 72 hours, 2 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 48 hours, 1 with 24 hours and also 1 that we do not know how much time they gave them.

Of the 213 homes that went under contract this week average days on market was 37 days with median price of $397,500.

Contingent Stats 030522
Contingent Stats for the week ending March 5 2022

 2022 by the month

Month        New   Closed   Contracts accepted

January          422         492                623

February        523         520                724

March            197          174                 213

Totals      1142     1186         1560

Check back with us every Saturday for the Fox Valley home prices market update.  At the end of each month we will also show you 2021 and 2020 so you can see a comparison.

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.

If you are waiting for spring market to sell there is no reason to wait unless the timing is off for you.  Buyers are waiting for homes to hit the market.  Request a home valuation and tell us a little bit about your home.   Let us know what has recently been updated.  We will let you know what it is worth in today’s market and provide you with an estimate of expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Thinking about buying a home this year?  You need to get all your financial information to a loan officer so they can get you through the process of getting approved so you are ready to go and start looking at homes.  Let us know if you need a recommendation.

Resources-click on them to learn more

Types of loans and the process

VA loans and the requirements

Current interest rates 

Down payment assistance

IHDA programs

Check with your loan officer to see what interest rate they will be offering you.  It depends on your credit score what interest rate you are offered.

We are here to guide you through the process.  There is more too it besides getting an offer accepted.  

All data used is from our MLS MRED, LLC. 

Fox Valley home prices March 5 2022.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today! Set up email alerts.

Kriss New profile for FB 123121

Fox Valley home prices February 19 2022

Fox Valley home prices February 19 2022

Fox Valley home prices February 19 2022.  Winter months are usually the slowest time of the year. Hang in there a couple more weeks. Spring market is right around the corner.

The market picked up 27 more listings of single family homes this week than the previous week.  137 this week compared to 110 the week before.

Closed listings saw a small increase as well.  121 this week compared to 107 the previous week.

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

Aurora-New 22 $134,900-$649,900

            Closed-18 $104,000-$655,000

Bolingbrook-New 7 $189,000-$519,000

                   Closed-10 $267,900-$425,000

Naperville-New 23 $305,000-$2,995,000

                 Closed-20 $320,000-$1,200,000

Oswego-New 11 $250,000-$437,740

             Closed-5 $330,200-$416,990

Plainfield-New 15 $129,900-$805,900

                Closed-14 $185,000-$859,000

St Charles-New 12 $340,000-$1,200,435

                  Closed-9 $175,000-$831,000

Other communities had activity that you can check out on the photo above.  We can also set you up to receive listings of homes in an area that you choose.  Let us know what you are looking for and where and we can set you up to receive as they hit the market so you don’t miss out on a thing.

Financing used, median prices and 2,000 square feet or more

The median list price this week of single family homes was $375,500, last week $345,000.

Homes that closed this week had a median closed price of $374,355. last week $341,000.

Stats February 19 2022
Stats February 19 2022

Conventional financing was used to close on 88 homes with a median price of $397,262, last week 73 homes with median price of $387,000.

Conventional Financing February 19 2022
Conventional Financing February 19 2022

Cash was used to close on 15 homes this week with a median price of $477,500, last week also 15 homes with a median price of $284,500.

Cash February 19 2022
Cash February 19 2022

FHA financing was used to close on 11 homes with a median price of $258,000, last week 16 homes at a median price of $262,500.

FHA Financing February 19 2022
FHA Financing February 19 2022

VA financing was used to close on 7 homes at a median price of $330,000, last week 3 homes at a median price of $290,000.

VA financing February 19 2022
VA financing February 19 2022

72 homes closed that were 2,000 SF or more this week with a median price of $452,500, last week 58 homes at a median price of $422,495.  The minimum price this week $279,900, last week $152,000.

2000 SF or more February 19 2022
2000 SF or more February 19 2022

Contracts accepted this week

Fox Valley home prices February 19 2022-Contracts accepted this week
Fox Valley home prices February 19 2022-Contracts accepted this week

Contracts accepted this week were slightly up.  187 this week compared to 176 the previous week.  Until more homes come on the market the numbers are not going to move very much.

Look at the communities seller’s accepted the most contracts:

Aurora-26                        Bolingbrook-14

Montgomery-10                Naperville-31

Plainfield-30

No short sales were accepted this week.

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

The median price of homes that went under contract this week was $369,900 with average market time of 42 days.  Last week the median price was $379,900 with average market time of 40 days.

Stats Contracts accepted February 19 2022
Stats Contracts accepted February 19 2022

2022 by the month

Month        New   Closed   Contracts accepted

January          422         492              623

February        360         392              533

Check back with us every Saturday.  Next week will be the last full week of February so we will also include 2021 and 2020 so you can see how this year is going compared to those 2 years.

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.

It is an awesome time to sell!  Prices are up since there is so little inventory of homes.  Request a home valuation and tell us a little bit about your home.  What have you updated recently?  We will give you a estimate of what your home would sell for in today’s market.  Included will be a net proceeds that shows you an estimate of expenses to sell and what you might walk away with. 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 this year?  Get all your financial information together and get it to a loan officer so they can give you a letter showing what you are pre approved for.  Make sure you find a loan officer that will run your information through with their underwriters so you are ready to go.  Once you find a home and get it accepted all you need to wait for is updating the title and getting the appraiser out there.

We will guide you through the process every step of the way.

Resources

Types of loans and the process

VA loans and the process

Current interest rates

Down payment assistance

IHDA programs

Check with your loan officer to see what interest rates they are offering you.  It depends on your credit score.  If you need to work on it they will help you.

All data provided is from our MLS MRED, LLC.

Fox Valley home prices February 19 2022.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices February 12 2022

Fox Valley home prices February 12 2022

Fox Valley home prices February 12 2022.  Consistent it is, but we are waiting for it to let loose.  Will that happen this year?  So far, we are below last years numbers.

New listings of single family  homes is 110, last week 113.  That is pretty steady numbers.

Closed listing this week 107, last week 164.  The number should increase as we head into the end of the month when most buyer’s want to close.

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

Aurora-New 23 $130,000-$715,000

            Closed-18 $150,000-$985,000

Naperville-New 21 $290,000-$1,250,000

                 Closed-15 $266,000-$826,000

Plainfield-New 13 $235,000-$659,900

The photo above shows the other communities that had activity this week.  You can see why it is an awesome time to be a seller.  There is no real competition.

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

Median price of new listings of single family homes this week is $345,000, last week $375,000.

Closed this week median price is $341,000, last week $344,000.

Stats for February 12 2022
Stats for February 12 2022

Conventional financing was used to close 73 single family homes this week at a median price of $387,000, last week 113 homes at median price of $381,000.

Conventional financing used February 12 2022
Conventional financing used February 12 2022

Cash was used to close 15 homes this week at a median price of $284,500, last week 23 at a median price of $281,615.

Cash used February 12 2022
Cash used February 12 2022

FHA financing was used to close 16 homes this week at a median price of $262,500, last week 22 homes at a median price of $306,000.

FHA financing used February 12 2022
FHA financing used February 12 2022

VA financing was used to close 3 single family homes this week at median price of $290,000, last week 6 homes at  median price of $301,500.

VA financing used February 12 2022
VA financing used February 12 2022

The type of financing you use became a big deal in 2021.  There were so many multiple offer situations seller’s had a choice of which offer to accept, and of course, cash always came first.  Not everyone has cash to purchase so Conventional was their next choice.  It was hard for buyer’s to understand this at first.  We would tell them to also get pre approved for Conventional when they would show us that they were pre approved for FHA.

58 single family homes closed that were 2,000 square feet or more this week at a median price of $422,495, last week 98 closed at median price of $426,000.  The minimum price that closed this week was $152,000, last week it was $85,000.

2000 SF or more February 12 2022
2000 SF or more February 12 2022

More square feet became very important after the pandemic hit.  So many people were working from home and needed a home office or just extra space in general.

Contracts accepted this week

Fox Valley home prices February 12 2022-Contracts accepted this week

Contracts accepted on single family homes were consistent.  176 this week compared to 170 the previous week.

Look at the communities seller’s accepted the most contracts:

Aurora-29                       Bolingbrook-13

Naperville-24                  Oswego-11

Plainfield-26                   St Charles-13

2 short sales were accepted by seller’s.  1 each in Bolingbrook and Naperville.  Now they will be submitted to the lender to see if they will also accept.

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

The median price of single family  homes that went under contract this week was $379,000 with an average market time of 40 days, last week the median price was $349,900 with an average days on market also 40 days.

Contingent Stats February 12 2022

2022 by the month

Month        New   Closed   Contracts accepted

January          422         492               623

February        223         271                346

Check back with us every Saturday.  At the end of each month we will also show you 2021 and 2020 so you can see how this year compares.

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.

Request a home valuation if you are thinking about selling your home. We will let you know how much it is worth in today’s market.  Also, we will provide you with a net proceeds that shows you an estimate of the expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home this year call a loan officer and get pre approved.  Get them all your financial documents so they can put it through underwriting so when you find a home all you will need to wait for is the appraisal and title update.

Resources

Types of loans and the process

VA loans and the requirements

Current interest rates

Down payment assistance

IHDA programs

Check with your loan officer to see what interest rates they will offer you.  It depends on your credit score.  They will help you if you need to bring up your score.

Let us know what other information you are looking for.  We would be happy to get it to you or point you in the right direction.

All data provided is from our MLS MRED, LLC.  This is from the data I downloaded this morning.  It changes all the time in real time.

Fox Valley home prices February 12 2022.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!   

Kriss New profile for FB 123121