12 7 19 Market Update Fox Valley

12 7 19 Market Update Fox Valley

 

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

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

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

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

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

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

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

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

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

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

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

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

St Charles/Campton Hills-

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

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

Contracts accepted this week

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

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

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

Aurora-24              Bolingbrook-12

Naperville-17         Plainfield-17

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

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

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

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

2019 by the month 

Month               New        Closed        Contracts accepted

January             878           407                 608

February        1,032           465                 832

March            1,731           915              1,375

April              1,594           790              1,307

May               2,004        1,391             1,665

June              1,643         1,253            1,218

July               1,423         1,029            1,090

August          1,585         1,403            1,211

September    1,164            765                869

October        1,259            957                959

November       679             727                656

December       173             142                127

Totals        15,165        10,244          11,917

Contact Us

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

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

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

We can also recommend real estate attorneys and home inspectors.

Check out some great resources:

12 7 19 market update Fox Valley.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

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

 


 

 

 

 

Market Update Fox Valley March 17 2018

Market Update Fox Valley March 17 2018Market Update Fox Valley March 17, 2018.  Steady as she goes!  This week there were 325 New Listings and last week there were 328.  That is pretty consistent.  Spring market has sprung!

Closed listings this week were up.  187 closed this week compared to 111 last week.  These numbers should go up as we head closer to the end of the month.

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

AuroraNew 42 $134,990-$549,900               Closed-34 $57,000-$499,000              Active-213 $59,000-$1,450,000 with 5 auctions

BolingbrookNew 22 $185,000-$405,500     Closed-7 $160,000-$369,000              Active-104 $168,000-$599,000 with 1 auction

GenevaNew 13 $254,900-$1,450,000          Closed-10 $206,000-$825,000            Active-128 $189,000-$1,750,000

NapervilleNew 78 $225,000-$1,400,000     Closed-24 $210,000-$875,000            Active-518 $216,000-$7,425,000

OswegoNew 16 $197,500-$599,900           Closed-6 $215,000-$340,000              Active-108 $159,900-$1,790,000

PlainfieldNew 41 $159,900-$1,079,000      Closed-24 $145,000-$675,000            Active-271 $159,900-$2,399,000

St Charles/New 28 $199,500-$1,295,000  Closed-13 $210,000-$740,000            Active-356 $109,900-$3,950,000

Campton Hills

Yorkville/New 12 $223,990-$599,900       Closed-12 $90,000-$360,000               Active-100 $178,500-$975,000

Bristol

Contract Accepted this week

Market Update Fox Valley March 17 2018-Contracts AcceptedContract accepted by seller this week were also very consistent.  321 this week compared to 316 last week.  This means the market continues to be strong.  Buyers need to be on the ball and ready to go or they will miss out.

Take a look at the communities with the most activity that sellers accepting contracts:

Aurora-45                                            Naperville-47

Batavia-11                                          North Aurora-10

Bolingbrook-22                                  Oswego-21

Geneva-13                                          Plainfield-40

Montgomery-16                                St Charles/Campton Hills-28

Short Sales this week 9 compared to 12 last week.  Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers accepted contracts that are contingent on the close of the buyers current home.  The buyers have already accepted a contract on their current home but need to close before purchasing.  9 with a kick-out clause of 72 hours, 11 with 48 hours and 4 with 24 hours.

Contract were also accepted by sellers that are contingent on the sale and close of the buyers current home.  The buyers home might or might not already be on the market.  They need to sell their current home and close before purchasing.  5 with a kick-out clause of 48 hours and 3 with 24 hours.

The market is very busy.  If you are thinking about buying a home you first need to get pre-approved with a lender so you know what price range you are qualified for.  We need to present your pre-approval letter with an offer when you find the home you like.  If it is more than 30 days old it needs to be updated.  You might miss out on a home waiting for these so you need to be ready.

Thinking about selling this year?  Now is the best time of the year with the most buyers out there looking.  Don’t miss out on the best market time of the year.  Let us take a look at your home to see what needs to be done to get it market ready.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  You can also go to our website below to fill out a contact form if you would like us to get back to you.

Check out down payment resource, current interest rates or loans and the process.  If your credit score needs work talk to your loan officer.  They can help you with what works best to bring your score up.  The higher your score the better interest rate you will get. If you need names and phone numbers of loan officers.  We can provide you with a few to contact so you can decide who you want to work with.

Market update Fox Valley March 17 2018.  Have a great week!  Let us know how we can help you or someone you know.

Kristine Heiman-Managing Broker

Best Homes Fox Valley

besthomesfv@gmail.com

630-503-6555

1444 N Farnsworth Ave Suite 104

Aurora, IL 60505