Fox Valley home prices June 15th

Fox Valley home prices June 15th

Fox Valley home prices June 15th.  It is a gorgeous day today.  It is going to be in the upper 80’s and low 90’s for the next week.

New listings this week are up.  271 this week compared to 226 the previous week.

Closed listings are consistent.  231 this week compared to 221 the previous week.

Aurora-New 25 $69,000-$799,900

             Closed-18 $247,000-$763,500

Batavia-New 7 $430,000-1,295,000

               Closed-10 $247,000-$805,000

Bolingbrook-New 18 $209,900-$715,068

                      Closed-16 $276,900-$640,000

Elgin-New 26 $160,000-$725,000

          Closed-31 $79,900-$789,000

Geneva-New 8 $285,000-$674,900

              Closed-14 $340,000-$1,600,000

Naperville-New 60 $449,000-$2,274,000

                   Closed-40 $430,000-$1,500,000

Oswego-New 12 $295,000-$619,900

               Closed-9 $315,000-$662,390

Plainfield-New 43 $260,000-!,275,000

                 Closed-32 $345,000-$695,000

St Charles-New 17 $345,000-$1,740,000

                  Closed-12 $331,200-$785,000

Yorkville-New 12 $149,900-$759,900

                Closed-10 $300,000-$620,000

Look at the other communities that had activity this week in the photo above.  We just highlighted the ones with the most activity.

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

Median list price this week for the Fox Valley area of Illinois $485,000, last week $467,912.

Closed median price this week $480,000, last week $460,000.

Stats 061524
Stats for week ending June 15th

Conventional financing was used to close on 165 homes this week at median price $492,000 with 34 days average market time, last week 173 homes at median price $470,990 with 28 days average market time.

Conv 061524
Conventional financing used to close for week ending June 15th

Cash was used to close on 37 homes this week at median price $520,000 with 40 days average market time, last week 25 homes at median price $535,000 with 58 days average market time.

Cash 061524
Cash used to close for week ending June 15th

FHA financing was used to close on 19 homes this week at median price $325,000 with 16 days average market time, last week 17 homes at median price $362,000 with 41 days average market time.

FHA 061524
FHA financing used to close for week ending June 15th

VA financing was used to close on 6 homes this week at median price $438,445 with 14 days average market time, last week 6 homes at median price $360,000 with 36 days average market time.

VA 061524
VA financing used to close for week ending June 15th

2,000 SF or more closed on 144 homes at median price $552,500 with 39 days average market time, last week 136 homes at median price $544,000 with 35 days average market time.  Minimum price this week $276,900, last week $259,100.

2000 SF or more 061524
2000 SF or more homes closed for week ending June 15th

Until more homes come on the market or more homes are built in every price range I think we are going to see buyers use Conventional financing or cash to get their offer accepted.  This week Conventional 165 + Cash 37 = 202 which represented 87% of the homes closed this week.

Under contract this week

Homes that went under contract this week are consistent.  224 this week compared to 227 the previous week.

Fox Valley home prices June 15th-Under contract this week

Aurora-30                       Bolingbrook-22

Elgin-19                           Naperville-34

Plainfield-22                   St Charles-18

3 short sales were accepted by seller’s this week.  1 each in Aurora, Naperville, 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.  3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

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

This is 11 homes out of 224 that went under contract that have a contingency of a home to close or sell and close.

Median price of homes that went under contract this week $452,500 with 32 days average market time, last week $449,900 with 31 days average market time.

Under contract stats 061524
Under contract stats for week ending June 15th

2024 by the month

Month                      New   Closed   Under contract

January                     576        523           599

February                   637        416            691

March                        674        612            792

April                          800       688            801

May                          1077      1002          1075

June                            497        452           451

Totals                       4261      3693         4409

Numbers are going up each month.  We are headed in the right direction.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2023 and 2022.

Contact us

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

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

If there is any other information you are looking for let us know and we will point you in the right direction.

Let us know if you would like to schedule a zoom meeting to ask questions and get started.

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

Fox Valley home prices June 15th.  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

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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 July 22nd

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Fox Valley home prices July 22nd.  80’s the next couple of weeks during the day and 60’s at night.  Today and tomorrow are the only possible days for rain and that is only 50% or less both days.

New listings this week are down.  180 this week compared to 206 the previous week.  We are heading in the wrong direction.

Closed listings this week were exactly the same as the previous week.  180 both weeks.

Fox Valley home prices July 22nd

Aurora-New 15 $199,000-$699,900

             Closed-26 $159,000-$658,059

Bolingbrook-New 5 $199,900-$550,000

                      Closed-13 $250,000-$600,000

Naperville-New 37 $349,000-$1,375,000

                   Closed-39 $270,000-$1,465,000

Plainfield-New 30 $225,000-$999,000

                  Closed-27 $165,000-$1,850,000

St Charles-New 16 $329,000-$875,000

                  Closed-10 $390,000-$1,375,000

Yorkville-New 13 $225,000-$597,000

                Closed-10 $230,000-$541,200

Other communities had activity this week.  Look at the photo above to see those communities.  You just might find your price range in one of those places.

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

Median list price this week $434,750, last week $441,250.

Closed median price this week $431,500, last week $450,000

Median price went down slightly in both list and closed prices.

Stats 072223
Stats for week ending July 22nd

Conventional financing was used to close on 132 homes this week at median price $448,750 with 55 days average market time, last week 129 homes at median price $487,500 with 26 days average market time.

Median price went down and days on market went up for this week.

Conv 072223
Conventional financing used to close for week ending July 22nd

Cash was used to close on 22 homes this week at median price $359,687 with 29 days average market time, last week 28 homes at median price $457,500 with 29 days average market time.

Prices down almost $100,000 on median price with the same market time.

Cash 072223
Cash used to close for week ending July 22nd

FHA financing was used to close on 13 homes this week at median price $335,000 with 17 days average market time, last week 18 homes at median price $403,732 with 34 days average market time.

Median price is down this week with less market time.

FHA 072223
FHA financing used to close for week ending July 22nd

VA financing was used to close on 10 homes this week at median price $438,500 with 11 days average market time, last week 5 homes at median price $390,000 with 21 days average market time.

Number of homes doubled and median price went up with less average market time.

VA 072223
VA financing used to close for week ending July 22nd

2,000 square feet or more closed on 118 homes at median price $503,500 with 53 days average market time, last week 119 homes at median price $530,000 with 32 days average market time.  Minimum price this week $250,000, last week $178,000.

Median price went down this week and market time went up.  Minimum price went up.

2000 SF or more 072223
2,000 SF or more for week ending July 22nd

Conventional financing again is the most used way to close this week.

Prices and days on market fluctuate with the type of home, condition and motivation of seller’s.

Under contract this week

Homes under contract this week went up slightly.  227 this week compared to 207 the previous week.

Fox Valley home prices July 22nd-Under contract this week

Aurora-41                          Bolingbrook-18

Geneva-10                         Naperville=32

Oswego-17                         Plainfield-28

St Charles-13

These are the communities with the most homes that went under contract this week.  Other communities had activity.  Click on the photo above to see all the communities.

1 short sale was accepted by a seller this week.  It was in Minooka.  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.  5 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. 1 with a kick-out clause of 72 hours and 3 with 48 hours.

Homes that went under contract this week had a median price of $414,900 with 30 days average market time, last week median price was $410,000 with 36 days average market time.

Under contract stats 072223
Homes under contract stats for week ending July 22nd

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                  561       533             620

Totals             4704    4222            5102

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 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 are looking for information that I do not have below let me know and I will point you in the right direction.

Also, if you want  to know an estimate of what your home is worth in today’s market and also an estimate of expenses to sell request a home valuation and we will get you this information.

You can also sign-up for email alerts if you are looking for a home.  It will let you know when a home hits the market with the criteria and area you are looking for.

You can search for a home anytime you like.

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

Contact us

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

Fox Valley home prices July 22nd.  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 July 1st

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Fox Valley home prices July 1st.  We should get much needed rain today and tomorrow.  The next couple of weeks will be in the mid 80’s during the day and mid 60’s at night.

New listings this week are slightly down.  184 this week compared to 204 the previous week.

Fox Valley home prices July 1st

Closed listings are up.  258 this week compared to 164 the previous week.

Aurora-New 27 $184,900-$949,900

             Closed-36 $197,000-$815,000

Batavia-New 6 $199,900-$769,000

              Closed-11 $325,000-$905,000

Naperville-New 25 $300,000-$1,889,000

                   Closed-47 $325,000-$1,260,000

Plainfield-New 26 $160,000-$850,000

                  Closed-41 $216,000-$743,969

St Charles-New 11 $315,000-$1,350,000

                  Closed-22 $280,000-$1,265,000

West Chicago-New 1 $475,000

                        Closed 11 $209,900-$699,900

Yorkville-New 14 $245,000-$949,900

                Closed-10 $342,500-$851,000

These are the price ranges of the communities with the most activity this week.  Click on the photo above to see the other communities that had activity and their price ranges.

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

Median list price this week $444,990, last week $439,450.

Closed median price this week $443,750, last week $435,000.

Stats 070123
Stats for week ending July 1st

Conventional financing was used to close on 197 homes this week at median price $451,000 with 24 days average market time, last week 113 homes at $455,000 with 20 average market time.

Conv 070123
Conventional financing used to close for week ending July 1st

Cash was used to close on 39 homes this week at median price $445,000 with 26 days average market time, last week 31 homes at median price $445,000 with 17 days average market time.

Cash 070123
Cash used to close for week ending July 1st

FHA financing was used to close on 16 homes this week at median price $302,500 with 33 days average market time, last week 17 homes at median price $338,000 with 29 days average market time.

FHA 070123
FHA financing used to close for week ending July 1st

VA financing was used to close on 5 homes this week at median price $350,000 with 10 days average market time, last week 3 homes at median price $335,000 with 14 days average market time.

VA070123
VA financing used to close for July 1st

2,000 Square feet or more closed on 162 homes at median price $542,500 with 29 days average market time, last week 97 homes at median price $510,000 with 24 days average market time.  Minimum price this week $272,000, last week $250,000.

2000 SF or more 070123
2,000 SF or more closed for week ending July 1st

76% of homes closed this week used Conventional financing.  FHA financing was used only 16 times out of 258 closed.

Under contract this week

Homes that went under contract this week were slightly up.  195 this week compared to 189 the previous week.

Fox Valley home prices July 1st-Under contract this week

Aurora-22                           Bolingbrook-25

Naperville-29                     Plainfield-27

St Charles-17                       Yorkville-14

3 short sales were accepted by seller’s this week.  2 were in Bolingbrook and 1 in Montgomery.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours, 4 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.  1 with a kick-out clause of 72 hours and 3 with 48 hours.

Median price of homes that went under contract this week $412,000 with 24 days average market time, last week $420,000 with 30 days average market time.

Under contract 070123
Under contract for week ending July 1st

2023 by the month and a look back to 2019

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

Totals             4143      3689        4482

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

Totals              5243     5184          5611

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

Totals            5641       6252         7409

2020

January          1105         566          858

February        1267         529         1024

March             1186         707         1079

April                648         786           775

May               1352        1010         1444

June               1232         908          1534

Totals           6790        4506          6714

2019

January           878         407           568

February       1032         463           832

March            1731          915          1375

April              1594         792          1307

May               1645        995          1280

June               1643       1253           1218

Totals            8523      4825          6580

In 2019 there were more than double the new listings as this year so far.  Looking at 5 years you can see why the prices have increased.

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 usually look back at 2022 and 2021.  In December we will  go back to 2019 again so you can see the 5 years to compare.

Resources

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

Let us know what other information you are looking for and we will point you in the right direction.

If you are thinking about selling your home request a home valuation and we will also show you an estimate of what you will receive at closing.

You can sign-up for email alerts so you don’t miss out on a listing as it hits the market.

You can also search for a home anytime you like.

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

Contact us

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

Fox Valley home prices July 1st.  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 May 20th

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Fox Valley home prices May 20th.  The weather is almost perfect.  In the 70 & 80’s with lows in the mid 40’s and 50’s.

New listings are down.  181 this week compared to 195 the previous week.

Closed listing are up.  148 this week compared to 129 the previous week.

Fox Valley home prices May 20th

Aurora-New 22 $139,000-$785,000

             Closed-18 $112,000-$500,000

Bolingbrook-New 14 $235,000-$579,000

                      Closed-11 $250,000-$464,000

Naperville-New 36 $300,000-3,200,000

                   Closed-29 $397,200-$1,525,000

Plainfield-New 21 $279,900-$899,900

                  Closed-17 $320,000-$701,748

St Charles-New 14 $419,000-$2,980,000

                  Closed-11 $325,900-$1,125,000

Yorkville-New 10 $347,150-$570,000

                Closed-6 $305,000-$439,900

Click on the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $435,000, last week $412,500.

Closed median price this week $420,000, last week $389,000.

Stats 052023
Stats for week ending May 20th

Conventional financing was used to close on 116 homes this week at median price $430,000 with 21 days average market time, last week 89 homes at median price $395,000 with 37 days average market time.

Conv 052023
Conventional financing used to close for week ending May 20th

Cash was used to close on 17 homes this week at median price $586,305 with 11 days average market time, last week 20 homes at median price $363,750 with 21 days average market time.

Cash 052023
Cash used to close for week ending May 20th

FHA financing was used to close on 14 homes this week at median price $345,500 with 37 days average market time, last week 15 homes at median price $322,000 with 38 days average market time.

FHA 052023
FHA financing used to close for week ending May 20th

VA financing was used to close on 1 home this week at $375,000 with 7 days average market time, last week 4 homes at median price $407,000 with 67 days average market time.

VA 052023
VA financing used to close for week ending May 20th

2,000 square feet or more closed on 94 homes this week at  median price $485,000 with 25 days average market time, last week 74 homes at median price $475,750 with 31 days average market time.  Minimum price this week $140,000, last week $289,000.

2000 SF or more 052023
2,000 SF or more closed for week ending May 20th

Slightly over 78% of homes closed this week using Conventional financing. 

Under contract this week

Homes under contract this week are down.  193 this week compared to 232 the previous week.

Fox Valley home prices May 20th-Under contract this week

Aurora-31                            Bolingbrook-17

Geneva-11                           Naperville-37

Plainfield-24                       St Charles-12

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. 2 with a kick-out clause of 72 hours, 3 with 48 hours, and 3 with 24 hours.

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

Median price of homes that went under contract this week $400,000 with 32 days average market time, last week $437,000 with 26 days average market time.

Under contract stats 052023
Under contract stats for week ending May 20th

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                         577         438           619

Totals                    2955       2465         3359

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

Resources

Click on each underlined bullet point to take you to the site for the information.

All data provided today is from our MLS, MRED, LLC.

Contact us

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

Fox Valley home prices May 20th.  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 March 4th

Best Homes Fox Valley Home Prices Header

Fox Valley home prices March 4th.  We just missed a big snow storm luckily.  It went to the south and east of us.  Temperatures are hovering around 40°.  Monday will be the exception, it will be 60°, then back to the 40’s.

New listings this week were consistent.  127 this week compared to 120 the previous week.

Closed listings were up.  144 this week compared to 103 the previous week.

Fox Valley home prices March 4th

Aurora-New 17 $127,000-$579,900

             Closed-19 $185,200-$615,000

Naperville-New 26 $339,900-$1,350,000

                   Closed-22 $375,770-$1,800,000

Oswego-New 11 $275,000-$625,000

               Closed-11 $215,000-$623,000

St Charles-New 6 $449,800-$1,300,000

                  Closed-11 $215,000-$650,000

We highlighted the communities with the most activity.  Click on the photo above to see activity in other communities and the price ranges.

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

Median list price this week $400,000, last week it was exactly the same $400,000.

Closed median price this week $374,495, last week $385,000.

Stats 030423
Stats for week ending March 4th

Conventional financing was used to close on 99 homes this week with a median price $401,000 with 50 days average market time, last week 70 homes at median price $386,500 with 46 days average market time.

Conv 030423
Conventional financing used to close for week ending March 4th

Cash was used to close on 16 homes this week with a median price $355,000 with 36 days average market time, last week 13 homes at median price $415,000 with 45 days average market time.

Cash 030423
Cash used to close for week ending March 4th

FHA financing was used to close on 21 homes this week at median price $300,000 with 77 days average market time, last week 12 homes at median price $299,500 with 70 days average market time.

FHA 030423
FHA financing used to close for week ending March 4th

VA financing was used to close on 6 homes this week at median price $346,500 with 62 days average market time, last week 8 homes at median price $465,000 with 46 days average market time.

VA 030423
VA financing used to close for week ending March 4th

2,000 square feet or more closed on 86 homes this week at median price 432,950 with 55 days average market time, last week 63 homes at median price $450,000 with 58 days average market time.  Minimum price this week $168,000, last week $245,000.

2000 SF or more 030423
2,000 SF or more closed for week ending March 4th

Conventional financing continues to be the financing to get accepted at just slightly over 68% of homes closed.

Almost 60% of homes closed are 2,000 SF or more in the Fox Valley area.

Under contract this week

Homes that went under contract this week are down.  147 this week compared to 166 the previous week.

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

Aurora-22                          Bolingbrook-11

Naperville-17                     Plainfield-25

St Charles-10

Click on the photo above to see the other communities that also had homes go under contract this week.

1 short sale was accepted by a seller this week.  It was in Minooka.  Now it will go 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 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, 1 with 48 hours, and also 1 with 24 hours.

Median price of homes under contract this week $399,000 with 55 days average market time, last week median price $377,400 with 45 days average market time.

Under contract this week 020423
Under contract for week ending March 4th

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

Totals                1113         852         1259

2022

January              422        492           626

February            523        520           724

Totals                945        1012         1350

2021

January              543        649           829

February            561        604            778

Totals               1104       1253           1607

There were only 2 days this week that were in February.  I decided to carry it over just in case they were the busiest 2 days of the week.

You will see that the number will steadily go up each month.  Get with your loan officer to get approval before you miss out on your dream home.  This needs to go with an offer.  The seller will not accept without it in most cases, unless you have cash, and then you will need a letter from your bank showing that you have the funds available.

Check back with us every Saturday for the Fox Valley home prices.

Resources

Click on each bullet point to take you to the site for the information.  If you are looking for any other information not list let us know and we will point you in the right direction.

Check with your loan officer for the interest rate you will be offered.  It depends on your credit score and other things they will explain to you.

All data is provided 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 March 4th.  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

Kriss Picture 012819 3 Thumb nail

Fox Valley  home prices January 28th

Best Homes Fox Valley Home Prices Header

Fox Valley home prices January 28th.  Winter has finally arrived in the Fox Valley this week.  It has been snowing for the last 3 days.  Not too much, just enough to cover the ground.

New listings this week are slightly down.  127 this week compared to 134 the previous week.

Closed listings this week are much higher.  98 this week compared to 69 the previous week.

Fox Valley home prices January 28th

Aurora-New 15 $149,900-$640,517

             Closed-21 $130,000-$642,900

Elburn-New 10 $395,000-$1,295,000

            Closed-2 $380,000-$415,000

Naperville-New 18 $300,000-$1,100,000

                   Closed-18 $280,000-$1,100,000

Oswego-New 10 $215,000-$475,000

               Closed-3 $400,000-$500,000

Plainfield-New 24 $279,900-$875,000

                  Closed-7 $309,500-$649,285

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

Median list price this week $399,990, last week $389,990.

Closed median price this week $387,950, last week $335,000.

Fox Valley home prices January 28th-Stats
Fox Valley home prices January 28th-Stats

Conventional financing was used to close on 72 homes this week at median price $429,250 with 45 days average market time, last week 48 homes at median price $346,265 with 57 days average market time.

Conventional financing used to close for week ending January 28th
Conventional financing used to close for week ending January 28th

Cash was used to close on 14 homes this week at median price $304,762 with 40 days average market time, last week 10 homes at median price $309,000 with 40 days average market time.

Cash used to close for week ending January 28th
Cash used to close for week ending January 28th

FHA financing was used to close on 10 homes this week at median price $328,795 with 91 days average market time, last week 9 homes at median price $269,900 with 39 days average market time.

FHA financing used to close for week ending January 28th
FHA financing used to close for week ending January 28th

VA financing was used to close on 3 homes this week at median price $433,500 with 64 days average market time, last week 1 home at $450,000 with 76 days average market time.

VA financing used to close for week ending January 28th
VA financing used to close for week ending January 28th

2,000 square feet or more closed on 61 homes this week at median price $480,000 with 62 days average market time, last week 34 homes at median price $470,500 with 41 days average market time.  Minimum price this week $309,500, last week $286,000.

2,000 SF or more closed for week ending January 28th
2,000 SF or more closed for week ending January 28th

Conventional financing continues to be the best choice for financing.

Homes are staying on the market longer than they were, but if they are priced right, and in great condition they are still selling quickly.  Fresh paint, deep cleaning, and getting rid of the clutter is your best bet for getting it sold right away.  It makes it easier to be ready for showings and more appealing for buyers. 

Homes under contract this week

Homes under contract this week are up.  158 this week compared to 122 the previous week.

Fox Valley home prices January 28th-homes under contract this week

Aurora-23                           Bolingbrook-12

Naperville-26                     Plainfield-17

Yorkville-10

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.  1 with a kick-out clause of 72 hours and also 1 at 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 also 1 at 48  hours.

Median price of homes under contract this week $387,450 with 68 days average market time, last week median price $379,900 with 64 days average market time.

Under contract this week 012823
Under contract for week ending January 28th

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

2023

Month              New   Closed   Under contract

January             483      326          470

2022

Month              New   Closed   Under contract

January             422      492          623

2021

January             543      649          829

We did better than 2022 for New listings but below 2021.  Closed and under contract are way behind 2022 and 2021.  Hopefully we will continue to be ahead of last year for New listings.   That will help to stabilize pricing.

Resources

Click on each of the bullet points that are bold and underlined to take you to the site for the information.  If you are looking for information not listed here, let us know, and we will point you  in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score and other things that your loan officer will explain to you.  They can also help you bring up your score if you need to.

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

Contact us 

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

Fox Valley home prices January 28th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

Fox Valley home prices December 17th

Best Homes Fox Valley Home Prices Header

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

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

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

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

Fox Valley home prices December 17th

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

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

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

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

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

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

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

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

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

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

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

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

Stats 121722
Stats for week ending December 17th

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

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

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

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

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

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

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

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

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

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

Conventional financing is still the most used financing to close.

Contracts accepted this week

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

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

Aurora-16                         Naperville-16

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

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

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

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

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

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

2022 by the month

Month                   New   Closed   Contracts accepted

January                  422       492             623

February                523       520             724

March                    734        904            890

April                     1168        966           1334

May                      1101        893            806

June                      1295      1409           1234

July                        955        932            908

August                 1019       1134           1062

September            730         733            698

October                 699         612            646

November             574         764            624

December              168         261            183

Totals                  9388      9620          9732

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

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

Resources

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

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

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

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

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

Contact us

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

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

Fox Valley home prices July 30th

Fox Valley Home Prices April 23

Fox Valley home prices July 30th.  I hope you had a great week!  We are back to update you on the new listings, closed, contracts accepted, median prices, financing used, and 2022 by the month with a  look back at 2021 and 2020.

New listings this week were down.  218 this week compared to 277 the previous week.  Many are getting vacations in before school starts.

Closed listings this week are up.  271 this week compared to 241 the previous week.  The end of the month is when most buyers want to close.

Fox Valley home prices July 30th

Aurora-New 34 $165,000-$575,000

            Closed-35 $110,000-$625,000

Batavia-New 4 $305,000-$445,000

             Closed-12 $167,000-$969,900

Bolingbrook-New 15 $249,900-$649,000

                    Closed-21 $208,000-$640,000

Geneva-New 14 $370,000-$1,795,000

             Closed-15 $295,000-$1,775,000

Montgomery-New 6 $244,900-$399,000

                     Closed-10 $186,000-$365,000

Naperville-New 31 $385,000-$3,500,000

                  Closed-45 $359,900-$1,700,000

Oswego-New 13 $270,000-$620,000

              Closed-13 $280,000-$600,000

Plainfield-New 35 $194,900-$625,000

                Closed-35 $180,000-$1,069,527

St Charles-New 10 $300,000-$725,000

                  Closed-18 $230,000-$715,000

West Chicago-New 13 $185,000-$575,000

                       Closed-12 $275,000-$590,000

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

Median list price this week $389,900, last week $400,000

Closed median price this week $395,000, last week $405,200.

Stats 073022
Stats for week ending July 30th

Conventional financing was used to close on 193 homes this week at a median price $416,000 with 31 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.

Conv 073022
Conventional financing used to close for week ending July 30th

Cash was used to close on 34 homes this week at median price $451,551 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.

Cash 073022
Cash used to close for week ending July 30th

FHA financing was used to close on 37 homes this week at median price $269,000 with 18 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.

FHA 073022
FHA financing was used to close for week ending July 30th

VA financing was used to close on 5 homes this week at median price $365,000 with 4 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.

VA 073022
VA financing used to close for week ending July 30th

Homes that were at least 2,000 square feet or more closed on 156 homes at median price $507,450 with 29 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $285,000, last week $299,000.

2000 SF or more 073022
Homes that were at least 2,000 SF or more for week ending July 30th

Contracts accepted this week

Contracts accepted this week were down.  226 this week compared to 245 the previous week.

Fox Valley home prices July 30th-Contracts accepted this week

Aurora-28                           Bolingbrook-16

Geneva-12                           Montgomery-12

Naperville-28                      Oswego-11

Plainfield-32                       St Charles-17

Sycamore-10

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

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  5 with a kick-out clause of 48 hours.

Median list price of homes that went under contract this week $373,450 with 31 days average market time, last week median list price $385,000 with 33 days average market time.

Contingent Stats 073022
Contingent stats for week ending July 30th

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                 890

April             1168        966                1334

May               1101        893                 806

June             1295      1409                1234

July               995        932                  908

Totals      6238    6116           6519

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

Totals      6759    7434           8619

2020

January       1105         566                  858

February     1267         529                1024

March          1186         707                1079

April             648         786                  775

May             1352        1010                 1444

June            1232         908                 1534

July             1417        1453                 1852

Totals      8207     5959          8566

You can see how the new listings are less every year for the last 3 years.  That explains the price increases.  Check back with us every Saturday for the Fox Valley area of Illinois home prices.

Resources

Everything that is underlined and bold click on to go to the site for the information.  If there is information that you are looking for not listed below let us know and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  If you need to work on your score your loan officer can help you with that.

Getting approved for a loan before you even start looking is smart.  Find a lender that will put you through underwriting to get you approved.  You will be more confident in looking and will not be chewing your finger nails waiting to be approved a week before closing.

All data is downloaded this morning from our MLS.  MRED, LLC.  It is continuously updated throughout the day as agents enter information.

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.

We will guide you through the process.

Fox Valley home prices July 30th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kriss New profile for FB 123121

Fox Valley home prices June 18

Fox Valley Home Prices April 23

Fox Valley home prices June 18.  You will see how many new listings, closed, contracts accepted, median prices, financing most used, 2020 by the month and some great resources you might like to check into.

New listings this week were up.  271 this week compared to 243 the previous week.

Closed listings were also up.  279 this week compared to 256 the previous week.

Fox Valley home prices June 18

First, we will take a look at the communities with the most activity this week:

Aurora-New 23 $140,000-$775,000

             Closed-45 $156,000-$679,000

Batavia-New 10 $265,000-$550,000

              Closed-7 $290,750-$670,000

Bolingbrook-New 19 $180,000-$707,500

                     Closed-24 $255,000-$535,000

Geneva-New 9 $339,800-$1,399,000

              Closed-10 $358,000-$1,385,000

Montgomery-New 10 $238,000-$399,900

                       Closed-9 $235,000-$395,000

Naperville-New 52 $276,000-$1,450,000

                   Closed-New 61 $290,000-$1,250,000

Oswego-New 21 $245,000-$575,000

               Closed-11 $240,000-$635,000

Plainfield-New 28 $249,900-$999,000

                 Closed-29 $285,000-$621,000

St Charles-New 29 $142,500-$889,000

                  Closed-13 $304,000-$2,200,000

Yorkville-New 17 $232,900-$850,000

                Closed-12 $331,500-$545,000

Many other communities had activity that you can see above in the photo.

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

Median list price this week $415,950, last week $399,000

Closed median price this week $430,000, last week $415,500.

Stats 061822
Stats for week ending June 18

Conventional financing was used to close on 213 homes at a median price $465,000 with 16 days average market time, last week 184 homes at median price $434,000 with 19 days average market time.

Conv 061822
Conventional financing used to close for week ending June 18

Cash was used to close on 28 homes this week with a median price $362,500 with 11 days average market time, last week 35 homes at median price $402,500 with 18 days average market time.

Cash 061822
Cash used to close for week ending June 18

FHA financing was used to close on 29 homes at median price $310,000 with 14 days average market time, last week 25 homes at median price $320,000 with 34 days average market time.

FHA 061822
FHA financing used to close for week ending June 18

VA financing was used to close on 8 homes this week at a median price $379,000 with 13 days average market time, last week 9 homes at median price $437,180 with 14 days average market time.

VA 061822
VA financing used to close for week ending June 18

Buyer’s closed on 182 homes that were at least 2,000 square feet or more at median price $500,000 with 17 days average market time, last week 167 homes at median price $497,600 with 25 days average market time.  Minimum price this week $225,000, last week $228,000.

2000 SF or more 061822
Homes closed that were at least 2,000 SF or more for week ending June 18

Conventional financing is still the way the majority of buyer’s use to purchase a home.  About 65% of homes sold this week in the Fox Valley area of Illinois are at least 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week are down.  245 this week compared to 290 the previous week.

Fox Valley home prices June 18-Contracts accepted this week

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

Aurora-37                            Bolingbrook-20

Naperville-39                      Oswego-12

Plainfield-43                       St Charles-22

West Chicago-12                 Yorkville-10

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. 4 with a kick-out clause of 72 hours and also 4 with 48 hours.

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

The median price of homes that went under contract this week $379,000 with 23 days average market time, last week median price $379,950 with 31 days average market time.

Contingent Stats 061822
Contingent Stats for week ending June 18

2022 by the month

Month                              New   Closed   Contracts accepted

January                            422        492            623

February                          523        520            724

March                               734       904            890

April                                1168       966           1334

May                                 1101       893            806

June                                  793       841             753

Totals                              4741     4616           5130

June could turn out to be the best month so far if it keeps consistent for the rest of the month.

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 take a look back at 2021 and 2020 so you can compare to this year.

Resources

Everything that is underlined click on to go to the site for the information.  If there is other information that you are looking for not here, just let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rates you will be offered.  It depends on your credit score.  If you need to work on your score they can help you with that.

Request a home valuation  if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you an estimate of what it will sell for, and a net proceeds, that shows you an estimate of expenses to sell.  When an offer comes in we will update the net proceeds so you can make a good decision.

If you are thinking about buying a home you will want to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved before you start looking so you know you will be able to get a loan for that property.  You will feel better about spending the money on inspections because if the property appraises out for the purchase price and no title issues you will be closing.

Sign-up for email alerts with the area, price and how many bedrooms and you will receive listings as they hit the market.

Contact us

Call us at 630503-6555 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 recommendations for loan officers, real estate attorneys or home inspectors just let us know and we will give you a few to contact so you can choose who you would like to work with.

All data provided here today is from our MLS.  MRED, LLC.  The numbers change continually throughout the day as agents upload their new listings, closed and under contract properties.

Fox Valley home prices June 18.  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