Fox Valley home prices March 23rd

Fox Valley home prices March 23rd

 Fox Valley home prices March 23rd.  42 degrees and sunny today and It is going to be mid 40’s to 60 for the next couple of weeks. 

New listings this week are slightly down.  171 this week compared to 181 the previous week.

Closed listings are exactly the same.  137 both this and last week.

Aurora-New 20 $215,000-$949,900

             Closed-16 $212,000-$678,937

Bolingbrook-New 18 $280,000-$846,566

                      Closed-8 $227,000-$615,000

Elgin-New 15 $130,000-$695,000

          Closed-10 $239,000-$589,900

Naperville-New 24 $370,000-$3,499,000

                   Closed-21 $433,000-$1,400,000

Oswego-New 4 $390,000-$500,000

                Closed-10 $295,000-$481,900

Plainfield-New 18 $290,000-$689,900

                  Closed-16 $303,000-$879,900

St Charles-New 16 $225,000-$1,600,000

                   Closed-5 $435,000-$796,040

Click on the photo above to see the other communities that had activity this week and their price ranges.  You just might find the price range you are looking for.

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

Median list price this week $479,450, last week $455,365.

Closed median price this week $449,900, last week $425,000.

Stats 032324
Stats for week ending March 23rd

Conventional financing was used to close on 99 homes this week at median price $449,990 with 33 days average market time, last week 101 homes ate median price $434,990 with 37 days average market time.

Conv 032324
Conventional financing used to close for week ending March 23rd

Cash was used to close on 24 homes this week at median price $532,495 with 36 days average market time, last week 22 homes at median price $360,000 with 18 days average market time.

Cash 032324
Cash used to close for week ending March 23rd

FHA financing was used to close on 11 homes this week at median price $419,999 with 71 days average market time, last week 8 homes at median price $305,000 with 22 days average market time.

FHA 032324
FHA financing used to close for week ending March 23rd

VA financing was used to close on 1 home this week at $630,000 with 5 days average market time, last week 6 homes at median price $511,500 with 20 days average market time.

VA 032324
VA financing used to close for week ending March 23rd

2,000 SF or more closed on 91 homes this week at median price $525,000 with 43 days average market time, last week 79 homes at median price $540,000 with 40 days average market time.  Minimum price this week $240,000, last week $247,000.

2000 SF or more 032324
2,000 SF or more closed for week ending March 23rd

Conventional financing continues this week to be the trend for what seller’s are accepting for financing the most.

Under contract this week

Homes that went under contract this week are up.  215 this week compared to 186 the previous week.

Fox Valley home prices March 23rd-Under contract this week

Aurora-23                             Bolingbrook-11

Elgin-21                                Naperville-40

Oswego-14                           Plainfield-29

St Charles-16

Other communities had homes that went under contract.  Click on the photo above to see them.

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 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 48 hours and 1 with 24 hours.

Median price of homes that went under contract this week $450,000 with 33 average market time, last week $422,500 with 31 days average market time.

Under contract stats 032324
Under contract stats for week ending March 23rd

Not every home that accepts a contract closes.  Sometimes they do come back on the market.  It doesn’t seem to be happening too much right now though.

2024 by the month

Month                New   Closed   Under contract

January                576       523           599

February              637       416            691

March                   549      403            579

Totals                  1762     1342          1869

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

Next week will be the last full week of March so we will also take a look back at 2023 and 2022 so you can compare.

Contact us

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

Here is some information you might want to look at.  Click on everything that is bold and underlined to take you to the site for the information.

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

Fox Valley home prices March 23rd.  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 16th

Fox Valley home prices March 16th

Fox Valley home prices March 16th.  It is going to get to almost 60 today and then roller coaster with the temperatures for the next couple of weeks.  It will range from the mid 30’s to the mid 50’s.  We really didn’t have much of a winter.  We will see how the spring weather turns out.  So far so good.

New listings are down slightly.  181 this week compared to 197 the previous week.

Closed listings are slightly up.  137 this week compared to 129 the previous week.

Aurora-New 16 $163,000-$759,000

             Closed-15 $206,500-$550,000

Bolingbrook-New 10 $300,000-$645,000

                      Closed-13 $258,000-$980,850

Elgin-New 12 $165,000-$589,990

          Closed-15 $135,000-$591,840

Naperville-New 30 $329,900-$2,990,000

                   Closed-19 $375,000-$2,315,000

Oswego-New 11 $409,900-$1,295,000

               Closed-9 $355,000-$546,332

Plainfield-New 26 $320,000-$699,000

                 Closed-17 $305,000-$865,000

St Charles-New 13 $349,000-$2,650,000

                  Closed-9 $300,000-$930,000

Other communities had activity this week.  Check the photo above to see the price ranges in those communities.  You just might find the price range you are looking for.

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

Median list price this week $455,365, last week $432,400.

Closed median price this week $425,000, last week $406,000.

Stats 031624
Stats for week ending March 16th

Conventional financing was used to close on 101 homes this week at median price $434,990 with 37 days average market time, last week 88 homes at median price $408,000 with 34 days average market time.

Conv 031624
Conventional financing used to close for week ending March 16th

Cash was used to close on 22 homes this week at median price $360,000 with 18 days average market time, last week 17 homes at median price $490,000 with 54 days average market time.

Cash 031624
Cash used to close for week ending March 16th

FHA financing was used to close on 8 homes this week at median price $305,000 with 22 days average market time, last week 15 homes at median price $335,000 with 29 days average market time.

FHA 031624
FHA financing used to close for week ending March 16th

VA financing was used to close on 6 homes this week at median price $511,500 with 20 days average market time, last week 4 homes at median price $387,450 with 47 days average market time.

VA 031624
VA financing used to close for week ending March 16th

2,000 SF or more closed on 79 homes this week at median price $540,000 with 40 days average market time, last week 72 homes at median price $532,450 with 50 days average market time.  Minimum price this week $247,000, last week $285,000.

2000 SF or more 030924
2,000 SF or more closed for week ending March 16th

Conventional financing continues to be the choice close with.  You might be able to afford more using FHA but seller’s are accepting the conventional loan offers.

Under contract this week

Homes that went under contract this week are consistent.  186 this week compared to 178 the previous week.

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

Aurora-20                         Batavia-10

Bolingbrook-17                 Elgin-32

Naperville-19                    Oswego-12

Plainfield-14

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 1 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, 1 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $422,500 with 31 days average market time, last week $425,000 with 43 days average market time.

Under contract stats 031624
Under contract stats for week ending March 16th

2024 by the month

Month                    New   Closed   Under contract

January                    576      523            599

February                  637      416            691

March                      378       266           364

Totals                     1591      1205         1654

We are picking us as we go.  It just is not fast enough with the new listings.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of the 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 anything that is underlined and bold to take you to the information.

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

Fox Valley home prices March 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 February 24th

Fox Valley home prices February 24th

Fox Valley home prices February 24th.  We have had some fantastic weather for February.  Yesterday it snowed but is already melting today.  We might reach 72 degrees on Tuesday.  Just incredible for February.  We should level off to the 50’s after that.

New listings this week are down.  144 this week compared to 167 the previous week.

Closed listings are consistent.  92 this week compared to 98 the previous week.

Aurora-New 14 $225,000-$500,000

             Closed-10 $119,000-$400,000

Elgin-New 13 $129,900-$725,995

          Closed-8 $215,000-$664,430

Naperville-New 21 $340,000-$3,450 000

                   Closed-11 $545,000-$7,550,000

Plainfield-New 11 $365,000-$1,050,000

                  Closed-13 $285,000-$630,000

Yorkville-New 23 $384,990-$654,674

                Closed-7 $355,000-$455,000

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

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

Median list price this week $444,900, last week $469,990.

Closed median price this week $389,900, last week $447,500.

2000 SF or more 022424
Stats for week ending February 24th

Conventional financing was used to close on 64 homes this week at median price $397,500 with 47 days average market time, last week 80 homes at median price $467,495 with 51 days average market time.

Conv 022424
Conventional financing used to close for week ending February 24th

Cash was used to close on 16 homes this week at median price $482,495 with 126 days average market time, last week 5 homes at median price $472,000 with 57 days average market time.

Cash 022424
Cash used to close for week ending February 24th

FHA financing was used to close on 9 homes this week at median price $352,000 with 34 days average market time, last week 9 homes at median price $349,999 with 85 days average market time.

FHA 022424
FHA financing used to close for week ending February 24th

VA financing was used to close on 3 homes this week at median price $389,900 with 65 days average market time, last week 3 homes at median price $350,000 with 71 days average market time.

VA 022424
VA financing used to close for week ending February 24th

2,000 SF or more closed on 59 homes this week at median price $499,990 with 66 days average market time, last week 64 homes at median price $528,000 with 67 days average market time.  Minimum price this week $264,000, last week $267,000.

2000 SF or more 022424
2,000 SF or more homes closed for week ending February 24th

Conventional financing continues to be the way to go still.  Cash seems to be slowing down slightly.

Under contract this week

Homes that went under contract this week are up.  184 this week compared to 157 the previous week.

Fox Valley home prices February 24th-Under contract this week

Aurora-26                        Bolingbrook-12

Elgin-18                           Naperville-30

Plainfield-20                   St Charles-11

No short sales this week accepted 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 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 1 with 48 hours.

Median price of homes that went under contract this week $440,836 with 41 days average market time, last week $414,900 with 39 days average market time.

Under contract stats 022424
Under contract stats for week ending February 24th

2024 by the month

Month            New   Closed   Under contract

January           576       523             599

February         456       262             518

Totals            1032       785             1117

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 so you have something to compare it to.

 Contact us

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

Information to check out. Click on each one to take you to the information.

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

Fox Valley home prices February 24th.  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 January 20th

Fox Valley home prices January 20th

Fox Valley home prices January 20th.  Bright and sunny today with a high of 13 and a low tonight of -14.  Next week we will get into the 30’s.  I can’t wait!

New listings this week are down.  99 this week compared to 128 the previous week.

Closed listing are consistent.  96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

             Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

           Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

                   Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

                  Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges.  Things did not completely stop even with the sub-zero temperatures.

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

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024
Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024
Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024
Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024
FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024
VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time.  Minimum price this week  and also last week $250,000.

2000 SF or more 012024
2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week.  If you do not have cash you need to get approved using Conventional if you want to win.  A pre-approval letter is just not enough right now.  You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down.  121 this week compared to 133 the previous week.

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

Aurora-14                            Bolingbrook-13

Naperville-13                       Plainfield-15

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

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

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024
Under contract stats for week ending January 20th

2024 by the month

Month                   New   Closed    Under contract

January                   319       286             326

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 so you have something to compare to.

Contact us 

Call us at 630-502-6555 with all your real estate questions.  Your goal is our goal.

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

Information to check out

Fox Valley home prices January 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 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 November 25th

Fox Valley home prices November 25th

Fox Valley home prices November 25th.  It is a short holiday week so the numbers are low this week.  

They say it might snow tomorrow with

33 for a high.  It will get to mid 40’s next week.

New listings are down.  67 this week compared to 132 the previous week.

Closed listings are also down.  90 this week compared to 156 the previous week.

Aurora-New 9 $257,000-$360,000

             Closed-17 $131,000-$638,146

Plainfield-New 19 $225,000-$1,075,000

                  Closed-20 $245,000-$1,518,074

Check out the other communities that had activity this week on the photo above.

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

Median list price this week $375,000, last week $400,000

Closed median price this week $387,000, last week $425,000.

Stats 112523
Stats for week ending November 25th.

Conventional financing was used to close on 58 homes this week at median price $387,500 with 30 days average market time, last week 95 homes at median price $445,000 with 24 days average market time.

Conv 112523
Conventional financing used to close for week ending November 25th

Cash was used to close on 14 homes this week at median price $402,500 with 34 days average market time, last week 30 homes at median price $489,000 with 47 days average market time.

Cash 112523
Cash used to close for week ending November 25th

FHA financing was used to close on 11 homes this week at median price $360,000 with 14 days average market time, last week 16 homes at median price $345,000 with 49 days average market time.

FHA 112523
FHA financing used to close for week ending November 25th

VA financing was used to close on 7 homes this week at median price $483,293 with 23 days average market time, last week 11 homes at median price $369,000 with 23 days average market time.

VA 112523
VA financing was used to close for week ending November 25th.

2,000 SF or more closed on 44 homes this week at median price $481,646 with 38 days average market time, last week 91 homes at median price $510,000 with 39 day average market time.  Minimum price this week $301,000, last week $300,000.

2000 SF or more 112523
2,000 SF or more closed for week ending November 25th.

You can see conventional financing continues to be the way to go.

Under contract this week

Fox Valley home prices November 25th-Under contract this week

Homes that went under contract are down.  115 this week compared to 148 the previous week.

It is a short holiday week.

Aurora-16                     Bolingbrook-10

Naperville-18               Plainfield-16

St Charles-12

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

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

Median price of homes that went under contract this week $399,900 with 38 days average market time, last week median price $352,500 with 36 days average market time.

Under contract stats 112523
Under contract stats for week ending November 25th.

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         486         567              518

Totals               7586       7178            7892

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.

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.  Data changes throughout the day.

To see some great resources go here.  Find information about different types of loans and the process, down payment assistance, VA loans and the requirements, IHDA programs, home valuation and how to sign-up for email alerts.

Fox Valley home prices November 25th.  I hope you had a wonderful Thanksgiving.  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 November 18th

bhfv Cover 050623

Fox Valley home prices November 18th.  55 degrees today and tomorrow and then we head into the mid 40’s.

New listings this week are down.  132 this week compared to 155 the previous week.

Closed listing are up.  They are almost reversed from new listings.  156 this week compared to 134 the previous week.

Fox Valley home prices November 18th

Aurora-New 16 $205,000-$602,000

             Closed-22 $165,000-$648,366

Bolingbrook-New 12 $259,000-$525,000

                      Closed-11 $239,500-$810,000

Naperville-New 19 $329,900-$1,365,500

                   Closed-17 $403,000-$8,076,000

Oswego-New 9 $289,900-$512,500

               Closed-12 $335,000-$575,000

Plainfield-New 21 $239,000-$589,900

                  Closed-23 $180,000-$769,896

St Charles-New 4 $350,000-$1,899,995

                   Closed-10 $325,000-$1,100,000

Yorkville-New 13 $229,900-$924,900

                Closed-8 $221,000-$680,000

26 communities had activity this week.  I just highlighted the ones with the most activity.  Take a look at the photo above.

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

Median list price this week $400,000, last week $409,900.

Closed median price this week $425,000, last week $407,450.

Stats 111823
Stats for week ending November 18th.

Conventional financing was used to close on 95 homes this week at median price $445,000 with 24 days average market time, last week 100 homes at median price $425,000 with 32 days average market time.

Conv 111823
Conventional financing used to close for week ending November 18th.

Cash was used to close on 30 homes at median price $489,000 with 47 days average market time, last week 16 homes at median price $405,995 with 17 days average market time.

Cash 111823
Cash used to close for week ending November 18th

FHA financing was used to close on 16 homes at median price $345,000 with 49 days average market time, last week 12 homes at median price $346,500 with 33 days average market time.

FHA 111823
FHA financing used to close for week ending November 18th

VA financing was used to close on 11 homes this week at median price $369,000 with 23 days average market time, last week 3 homes at median price $466,410 with 23 days average market time.

VA 111823
VA financing used to close for week ending November 18th

2,000 SF or more closed on 91 homes this week at median price $510,000 with 39 days average market time, last week 83 homes at median price $470,000 with 34 days average market time. Minimum price this week $300,000, last week $292,000

2000 SF or more 111823
2,000 SF or more closed for week ending November 18th.

Conventional financing continues to be the way to go.

Under contract this week

Homes under contract this week are up.  148 this week compared to 119 the previous week.

Fox Valley home prices November 18th-Under contract this week

Aurora-24                    Bolingbrook-14

Naperville-17               Plainfield-20

St Charles-13               Sycamore-10 

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

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 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 2 with 24 hours.

Median price of homes that went under contract this week $352,500 with 36 days average market time, last week median price $394,444 with 32 days average market time.

Under contract stats 111823
Under contract state for week ending November 18th

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          419        477           403

Totals               7519      7088          7777

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.

You can see activity continues throughout the year.  It might slow down in some months but it continues.

Contact us

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

Check out some great resources here.

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

Fox Valley home prices November 18th.  Have an awesome week.  Happy Thanksgiving!

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 October 14th

bhfv Cover 050623

Fox Valley home prices October 14th.  No Indian summer in sight.  Mostly mid 50’s and a lot of rain.

New listings are down.  128 this week compared to 191 the previous week.

 Closed listings are also down.  115 this week compared to 152 the previous week.

Fox Valley home prices October 14th

Aurora -New 20 $169,900-$890,000

              Closed-16 $181,000-$660,000

Batavia-New 10 $275,000-$899,900

               Closed-4 $330,000-$775,000

Naperville-New 13 $450,000-$2,895,000

                   Closed-22 $333,000-$2,035,000

Plainfield-New 14 $299,900-$689,900

                  Closed-17 $280,000-$1,006,901

St Charles-New 10 $299,000-$1,799,000

                  Closed-6 $185,000-$1,030,000

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

Median list price this week $395,000, last week $409,900

Closed median price this week $385,000, last week $394,950.

Stats 101423
Stats for week ending October 14th

Conventional financing used to close this week on 87 homes at median price $390,000 with 31 days average market time, last week 108 homes at median price $403,750 with 26 days average market time.

Conv 101423
Conventional financing for the week ending October 14th

Cash was used to close on 18 homes this week at median price $377,500 with 37 days average market time, last week 17 homes at median price $415,000 with 26 days average market time.

Cash 101423
Cash used to close for week ending October 14th

FHA financing used to close on 6 homes this week at median price $374,500 with 25 days average market time, last week 19 homes at median price $305000 with 25 days average market time.

FHA 101423
FHA financing used to close for week ending October 14th

VA financing used to close on 4 homes this week at median price $370,000 with 19 days average market time, last week 6 homes at median price $473,530 with 14 days average market tine.

VA 101423
VA financing used to close on October 14th

2,000 SF or more closed on 55 homes at median price $545,000 with 42 days average market time, last week 90 homes at median price $472,500 with 29 days average market time. Minimum price this week $310,000, last week $235,000.

2000 SF or more 101423
2000 SF or more for week ending October 14th

Conventional financing continues to be the choice for seller’s to accept.  We need to start looking for assumable mortgages for the lower interest rates.  It might get some people moving if they knew they did not have to accept these higher rates.  Yes, you can refinance, but by assuming a mortgage with a low rate you would not have to refinance at a later date.

Under contract this week

Homes under contract this week are down.  136 this week compared to 156 the previous week.

Fox Valley home prices October 14th-Under contract this week

Aurora-26                          Naperville-25

Plainfield-25                     St Charles-10

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

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 48 hours and 24 hours.

Median price of homes under contract this week $389,950 with 37 days average market time, last week $399,900 with 41 days average market time.

Under contract 101423
Under contract stats for week ending October 14th

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               319       267           292

Totals                6780     6310          7117

Things are starting to slow down as we head to the holidays.  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 it to.

Resources to check out

Click on each bullet point or anything that is bold and underlined to take you to the site for the information.

If you are looking for a loan officer, real estate attorney, or a home inspector we can recommend a few that we have successfully worked with.

All data provided today is downloaded 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 October 14th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Home Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

 

Fox Valley home prices August 19th

bhfv Cover 050623

Fox Valley home prices August 19th.  Heat advisory for the week ahead.  Back in the 80’s the following week during the day and 60’s at night.

New listings this week are consistent.  181 this week compared to  179 the previous week.

Closed listings are also consistent.  179 this week compared to 176 the previous week.

Fox Valley home prices August 19th

Aurora-New 30 $180,000-$1,100,000

             Closed-27 $150,000-$905,000

Bolingbrook-New 12 $214,900-$600,000

                      Closed-17 $235,000-$575,000

Naperville-New 31 $339,900-$1,425,000

                   Closed-34 $316,000-$1,359,000

Oswego-New 11 $300,000-$499,900

               Closed-5 $344,444-$1,350,000

Plainfield-New 17 $314,900-$879,900

                  Closed-17 $305,000-$746,543

St Charles-New 14 $279,000-$1,250,000

                  Closed-14 $320,000-$829,000

These are the price ranges of the communities with the most activity this week.  Other communities had activity.  Look at the photo above to see the price ranges of those communities.

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

Median list price this week $429,900, last week $449,900.

Closed median price this week $435,000, last week $449,945.

Stats 081923
Stats for week ending August 19th

Conventional financing was used to close on 137 homes this week at median price $448,955 with 28 days average market time, last week 136 homes at median price $449,995 with 29 days average market time.

Conv 081923
Conventional financing used to close for week ending August 19th

Cash was used to close on 19 homes this week at median price $490,000 with 42 days average market time, last week 25 homes at median price $500,000 with 15 days average market time.

Cash 081923
Cash used to close for week ending August 19th

FHA financing was used to close on 14 homes at median price $322,500 with 19 days average market time, last week 8 homes at median price $367,500 with 39 days average market time.

FHA 081923
FHA financing used to close for week ending August 19th

VA financing was used to close on 9 homes at median price $489,000 with 12 days average market time, last week 7 homes at median price $419,900 with 49 days average market time.

VA 081923
VA financing used to close for week ending August 19th

2,000 square feet or more closed on 115 homes at median price $537,000 with 35 days average market time, last week 116 homes at median price $532,500 with 31 days average market time.  Minimum price this week $237,100, last week $233,000.

2000 SF or more 081923
2,000 SF or more for week ending August 19th

Conventional financing continues to be the way to close in the Fox Valley area.

Under contract this week

Homes that went under contract this week are consistent.  179 this week compared to 186 the previous week.

Fox Valley home prices August 19th-Under contract this week

Aurora-30                          Bolingbrook-14

Montgomery-11                 Naperville-23

Plainfield-13                      St Charles-13

Yorkville-10

2 short sales were accepted by seller’s this week.  1 each in Aurora and Sandwich.  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 and 2 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 72 hours and also 3 with 48 hours.

Homes that went under contract this week had a median price $419,900 with 31 days average market time, last week $419,900 with 36 days average market time.

Under contract stats 081923
Under contract median price for week ending August 19th

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                 545         566          559

Totals                 5453       5000        5846

At the end of the month we will also show you 2022 and 2021 so you have something to compare to.  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 underlined and highlighted to take you to the site for the information.  Let us know if you are looking for information not listed here.  We will be happy to point you in the right direction.

To find out what your home might sell for in this marketrequest a home valuation and we will also provide you with a net proceeds that will show you and estimate of expenses to sell.  When an offer comes in we will update it when we know all the terms.

You can sign-up for email alerts so you will receive listings as they hit the market.

Search for a home  anytime you like.  You can also keep track of what is selling in your neighborhood.

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 August 19th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices August 12th

bhfv Cover 050623

Fox Valley home prices August 12th.  It looks like a roller coaster with temps for the next couple of weeks.  Highs range from 70-88 during the day and lows from 53-72 at night.  Possible rain on Monday.

New listings are pretty consistent.  179 this week compared to 185 the previous week.

Closed listings are down.  176 this week compared to 211 the previous week.

Aurora-New 28 $187,500-$575,000

             Closed-22 $127,500-$955,000

Bolingbrook-New 14 $255,000-$525,000

                      Closed-12 $233,000-$910,000

Naperville-New 38 $299,000-$2,999,995

                   Closed-29 $270,000-$1,700,000

Plainfield-New 18 $324,900-$845,000

                  Closed-25 $245,000-$1,117,561

St Charles-New 9 $275,000-$659,000

                  Closed-22 $150,000-$1,317,000

Yorkville-New 12 $275,000-$519,990

                Closed-12 $305,000-$915,000

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

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

Median list price this week is the same as last week $449,900.

Closed listings this week $449,945, last week $442,000.

First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000.  What a difference!

Stats 081223
Stats for week ending August 12th

Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.

Conv 081223
Conventional financing used to close for week ending August 12th

Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.

Cash 081223
Cash used to close for week ending August 12th

FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.

FHA 081223
FHA financing used to close for week ending August 12th

VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.

VA 081223
VA financing used to close for week ending August 12th

2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time.  Minimum price this week $233,000, last week $245,000.

2000 SF or more 081223
2,000 SF or more closed for week ending August 12th

Under contract this week

Homes under contract this week are consistent.  186 this week compared to 194 the previous week.

Fox Valley home prices August 12th-Under contract this week

Aurora-35                       Naperville-28

Plainfield-24                  St Charles-13

Yorkville-11

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.  1 with a kick-out clause of 72 hours, 1 with 48 hours, and 4 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home.  1 with a kick-out clause of 72 hours.

Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.

Under contract 081223
Under contract median price for week ending August 12th

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             364       387            380

Totals             5272      4821          5667

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 other information not here let us know.  We will point you in the right direction.

If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell.  Many factors go into this so we will update  you when an offer comes in and we know all the terms agreed to.

You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for.  You can also keep track of your neighborhood prices.

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 August 12th.  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