Fox Valley home prices November 19th

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Fox Valley home prices November 19th.  We have had snow flurries the last few days here in the Fox Valley area of Illinois.  Nothing that sticks though.  Today should be the coldest day and then temperatures will go up and should be 52° by Thanksgiving Day.

We will highlight the communities with the most activity for new and closed prices, financing used, median prices, contracts accepted this week, and 2022 by the month.

New listings this week were pretty consistent.  126 this week compared to 122 the previous week.

Closed listings were up.  176 this week compared to 117 the previous week.

Fox Valley home prices November 19th

Aurora-New 19 $167,500-$589,000

             Closed-25 $125,000-$530,000

Bolingbrook-New 9 $249,900-$550,000

                      Closed-16 $210,000-$816,929

Geneva-New 3 $310,000-$355,000

              Closed-13 $270,000-$740,000

Naperville-New 25 $317,999-$1,699,900

                   Closed-23 $301,000-$981,000

Plainfield-New 17 $214,900-$646,549

                  Closed-25 $200,000-$1,232,271

St Charles-New 7 $225,000-$525,000

                   Closed-11 $370,000-$965,000

Take a look at the photo above for activity in other communities this week.

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

Median list price this week $392,449, last week $375,000

Closed median price this week $401,500, last week $358,000

Stats 111922
Stats for week ending November 19th

Conventional financing was used to close 128 homes at median price $415,750 with 40 days average market time, last week 76 homes at median price $375,806 with 40 days average market time.

Conv 111922
Conventional financing used to close for week ending November 19th

Cash was used to close on 26 homes this week at median price $415,500 with 28 days average market time, last week 17 homes at median price $345,000 with 97 days average market time.

Cash 111922
Cash used to close for week ending November 19th

FHA financing was used to close 16 homes this week at median price $296,250 with 29 days average market time, last week 18 homes at median price $305,955 with 41 das average market time.

FHA 111922
FHA financing used to close for week ending November 19th

VA financing was used to close on 6 homes this week at median price $359,949 with 27 days average market time, last week 3 homes at median price $385,000 with 5 days average market time.

VA 111922
VA financing used to close for week ending November 19th

2,000 square feet or more closed on 108 homes this week at median price $484,750 with 38 days average market time, last week 66 homes at median price $459,995 with 48 days average market time.  Minimum price this week for a 2,000 SF or more was $280,000, last week $235,000.

2000 SF or more 111922
2,000 SF or more closed for week ending November 19th

Conventional financing continues to be the financing most seller’s are looking for and buyer’s are using. 

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                389       475               380

Totals                     9035     9070             9305

New listings are getting lower and they are selling.  If you need to sell it is still a good time.

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look back at 2021 and 2020 so you can see how this year is going.

Resources

Click on everything that is bold and underlined.  It will take you to the site for the information.  We try to share the information that you might be looking for.  If there is other information that is 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.  They will explain it to you.

Now is a good time to check into down payment assistance and IHDA programs.

Connect with us onFacebook you can also search for a home there by clicking on “shop now.”

All data provided today is from our Multiple listing service, MRED, LLC.  It changes continuously throughout the day as agents upload their information of new listings, price changes, contract accepted or back on the market.

Contact us

Call us at 630-503-6555.  Your goal is our goal.

Fox Valley home prices November 19th.  Have a Happy Thanksgiving!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 5th

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Fox Valley home prices November 5th.  It is the first week in November and the weather is still mild.  We will show you the home prices in the most active communities in the Fox Valley area of Illinois.  The financing most used to close a home, median prices, and 2022 by the month.

New listings this week were down.  141 this week compared to 152 the week previously.  

Closed listings were up.  182 this week compared to 144 the week previously.

Fox Valley home prices November 5th

Aurora-New 24 $159,900-$585,000

            Closed-28 $150,000-$725,000

Bolingbrook-New 10 $264,999-$619,995

                     Closed-19 $181,000-$775,000

Geneva-New 11 $300,000-$629,000

             Closed-9 $310,000-$1,049,000

Naperville-New 25 $323,900-$3,000,000

                   Closed-24 $282,500-$1,196,000

Plainfield-New 15 $219,900-$595,000

                 Closed-25 $217,000-$946,746

St Charles-New $250,000-$825,000

                  Closed-18 $285,000-$2,500,000

Yorkville-New 12 $199,900-$794,900

                Closed-7 $62,500-$575,000

More communities had activity this week.  Click on the photo above to see.

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

Median list price this week $369,900, last week $389,999

Closed median price this week $355,000, last week $375,000.

Stats 110522
Stats for week ending November 5th

Conventional financing was used to close on 118 homes at median price $375,525 with 44 days average market time, last week 89 homes at median list price $400,000 with 37 days average market time.

Conv 110522
Conventional financing used to close for week ending November 5th

Cash was used to close on 29 homes at median price $353,000 with 37 days average market time, last week 24 homes at median price $390,00 with 24 days average market time.

Cash 110522
Cash used to close for week ending November 5th

FHA financing was used to close on 24 homes at median price $310,000 with 40 days average market time, last week 19 homes at median price $298,900 with 38 days average market time.

FHA 110522
FHA financing used to close for week ending November 5th

VA financing was used to close on 9 homes at median price $355,000 with 79 days average market time, last week 9 homes at median price $375,000 with 15 days average market time.

VA 110522
VA financing used to close for week ending November 5th

2,000 SF or more closed on 93 homes at median price $455,000 with 48 days average market time, last week 88 homes at median price $464,994 with 35 days average market time.  Minimum price this week $237,000, last week $200,000.

2000 SF or more 110522
2,000 SF or more homes closed for week ending November 5th

Contracts accepted this week

Contracts accepted by seller’s this week are down.  119 this week compared to 156 the previous week.

Fox Valley home prices November 5th-Contracts accepted this week

Aurora-17                         Naperville-15

Plainfield-18                    St Charles-14

1 short sale was accepted by a seller.  It was in Plainfield.  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, 2 with 48 hours, and 1 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.

Medium price of homes that went under contract this week $379,900 with 51 days average market time, last week $369,450 with 45 days average market time.

Contingent Stats 110522
Contingent Stats for week ending November 5th

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              141        182                119

Totals                  8787      8777             9044

Check back with us every Saturday for the real estate market update.  At the end of each month we will look back at 2021 and 2020 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 there is other information you are looking for 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 some other things.  They can explain it to you.

Look for us on Facebook and give us a “like.”  If you click on the button “shop now” you can search for homes.  There is a down arrow so you can search different criteria.

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 November 5th.  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 May 14

Fox Valley Home Prices April 23

Fox Valley home prices May 14.  New listings were up significantly.  296 this week compared to 255 the previous week.  

Closed listings this week were down.  182 this week compared to 241 the previous week.

 

Fox Valley home prices May 14

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

Aurora-New 40 $135,000-$799,900

            Closed-23 $168,000-$810,500

Batavia-New 13 $220,000-$1,795,000

              Closed-7 $295,000-$812,500

Bolingbrook-New 23 $169,900-$650,000

                     Closed-13 $315,000-$930,000

Geneva-New 12 $282,500-$779,900

              Closed-5 $370,000-$875,000

Naperville-New 63 $339,800-$2,350,000

                   Closed-32 $330,000-$2,100,000

Oswego-New 16 $225,000-$1,390,000

               Closed-8 $380,407-$568,382

Plainfield-New 32 $189,900-$1,049,900

                 Closed-12 $280,000-$545,000

St Charles-New 26 $135,000-$889,000

                   Closed-17 $285,000-$1,150,000

Yorkville-New 11 $299,900-$889,000

                Closed-9 $325,000-$479,000

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

Median list price of single family homes this week $415,000, last week $414,450.

Closed median price this week $395,000, last week $400,000

I forgot to print this page and had to go back in to do it and the number changed by 1 for closed homes.

Stats 051422
Stats for week ending May 14

Conventional financing was used to close on 124 homes this week, with a median price of $425,000, and 23 days average market time. Last week 178 homes at median price of $425,750, and 24 days average market time.

Conv 051422
Conventional financing used for week ending May 14

Cash was used to close on 24 homes at median price of $402,500, and 17 days average market time.  Last week 32 homes at median price of $390,500, and 18 days average market time.

Cash 051422
Cash used to close for week ending May 14

FHA financing was used to close on 25 homes at median price of $300,000, and 18 days average market time.  Last week 25 homes at median price of $255,000, and 24 days average market time.

FHA 051422
FHA financing used to close for week ending May 14

VA financing was used to close on 8 homes at median price of $346,600, and 66 days average market time.  Last week 5 homes at median price of $590,000, and 18 days average market time.

VA 051422
VA financing used to close for week ending May 14

Homes that were at least 2,000 square feet or more closed on 111 this week at median price of $470,000, and 22 days average market time.  Last week 144 homes at median price $496,250, and 31 days average market time.    The minimum price for this week $192,000, last week $200,000.

2000 SF or more 051422
Homes that were at least 2,000 SF or more for week ending May 14

Contracts accepted this week

Contracts accepted this week were down.  259 this week compared to 272 the previous week.

Fox Valley home prices May 14-Contracts accepted this week

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

Aurora-44                          Bolingbrook-23

Geneva-15                         Naperville-44

Oswego-10                        Plainfield-35

St Charles-19

One short sale was accepted by a seller this week.  It was in Bolingbrook.  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, 5 with 48 hours, and 1 with 24 hours.

No contracts were accepted this week that were contingent on the buyer selling and closing on their current home.

Median price that went under contract this week $399,900, and 22 average market time.  Last week was the same.  Median price $399,900, and average market time 22 days.

Contingent Stats 051422
Stats for contracts accepted for week ending May 14

2022 by the month

Month                    New   Closed   Contracts accepted

January                   422        492            623

February                 523        520            724

March                      734        904           890

April                        551         423           531

Totals                   3,398      3,305       4,102

Check back with us every Saturday for the real estate market update for the Fox Valley area in Illinois.  At the end of each month we will also show you 2021 and 2020 so you can compare and see how this year is doing.

It is time to keep an eye on how many new listings versus closed for the month.  We are starting to see more price changes.

Resources

You can click on anything that is underlined here to go to the site for the information.  If there is other information that you are looking for please let us know so we can point you in the right direction.

Check with your loan officer to see what interest rate they will be offering you.  It depends on your credit score.  If you need to improve your score they can help you.

Some lenders are offering to put you through underwriting when you start the process of wanting to buy a home.  Get then all your financial information.  This takes out all the guess work so you and a seller know that you are approved for a loan up to a certain price.  If the home inspection goes well and the appraisal comes in at the contract price you are set to go and can close soon.  Home inspections are not cheap.  Why not get approved so you don’t have to worry that you are spending money on it when you don’t know if you will get approved.

Request a home valuation to see what your home is worth in today’s market.  Tell us a little bit about your home and what has recently been updated.  We will provide you with a net proceeds that shows you an estimate of what it will cost to sell your home.  This will be updated when an offer comes in and we know all the terms.

You can set up an email alert so you will receive listings as soon as they hit the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you need recommendations for loan officer, real estate attorney or home inspectors just let us know.  We will provide you with a few to contact and you can decide who you would like to work with.

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

Fox Valley home prices May 14.  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!

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