Fox Valley home prices May 25th

Fox Valley home prices May 25th

Fox Valley home prices May 25th.  We were late by a day last week so we are looking at the last 6 days this week.  Temperatures will be in the 70’s this week with more storms.

New listings this week are down.  193 this week compared to 255 the previous week.

Closed listings are also down.  188 this week compared to 207 the previous week.

Aurora-New 27 $185,000-$1,000,000

             Closed-21 $170,000-$610,613

Bolingbrook-New 14 $275,000-$750,000

                      Closed-10 $245,000-$760,000

Elgin-New 19 $169,900-$739,505

          Closed-15 $219,500-$618,750

Geneva-New 8 $329,900-$3,500,000

              Closed-11 $395,000-$785,000

Naperville-New 32 $395,000-$1,595,000

                  Closed-27 $395,000-$1,205,000

Plainfield-New 16 $250,000-$625,000

                 Closed-20 $275,000-$640,000

St Charles-New 8 $250,000-$1,275,000

                  Closed-11 $480,000-$3,600,000

Other communities had activity this week.  We just highlighted the ones with the most activity.  Look at photo above for the price ranges in those other areas.

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

Median list price this week $455,000, last week $462,945.

Closed median price this week $464,950, last week $428,000.

Stats 052524
Stats for week ending May 25th

Conventional financing was used to close on 138 homes this week at median price $486,500 with 22 days average market time, last week 149 homes at median price $439,900 with 31 days average market time.

Conv 052524
Conventional financing used to close for week ending May 25th

Cash was used to close on 38 homes this week at median price $437,500 with 24 days average market time, last week 36 homes at median price $475,000 with 43 days average market time.

Cash 052524
Cash used to close for week ending May 25th

FHA financing was used to close on 10 homes this week at median price $316,000 with 23 days average market time, last week 14 homes at median price $343,445 with 10 days average market time.

FHA 052524
FHA financing used to close for week ending May 25th

VA financing was used to close on 1 home this week at $500,000 with 6 days market time, last week 8 homes at median price $406,750 with 14 days average market time.

VA 052524
VA financing used to close for week ending May 25th

2,000 SF or more closed on 123 homes this week at median price $560,000 with 26 days average market time, last week 122 homes at median price $527,500 with 35 days average market time.  Minimum price this week $270,000, last week $305,000.

2000 SF or more 052524
2,000 SF or more closed for week ending May 25th

The majority of homes closed this week again used Conventional financing.

Under contract this week

Homes that went under contract this week are down slightly.  218 this week compared to 229 the previous week.

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

Aurora-25                            Bolingbrook-11

Elgin-28                               Naperville-34

Oswego-11                           Plainfield-20

St Charles-13

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

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

There is 1 that we do not know what it is contingent on or any other information. 

Median price of homes under contract this week $455,000 with 35 days average market time, last week $469,500 with 26 days average market time.

der contract stats 051924
Under contract stats for week ending May 25th 

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                      858       809          881

Totals                  3545     3048       3764

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 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.

Check out some great resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

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

Let us know if you are looking for other information not listed here.

Fox Valley home prices May 25th.  Have an awesome Memorial weekend.  Stay safe!

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 19th

Fox Valley home prices May 19th

Fox Valley home prices May 19th.  We are a day late this week.  I was out of town.  Boy, the heat is on.  It sure was a hot weekend.  We should head back to the 70’s after Tuesday.

New listings are up.  255 this week compared to 205 the previous week.

Closed listings are also up.  207 this week compared to 163 the previous week.

Aurora-New 22 $190,000-$899,000

             Closed-26 $160,500-$551,111

Batavia-New 17 $315,000-$760,000

               Closed-6 $305,000-$630,000

Bolingbrook-New 12 $229,900-$649,900

                      Closed-12 $195,000-$665,000

Elgin-New 23 $79,900-$699,900

          Closed-22 $170,000-$800,000

Naperville-New 40 $325,000-$4,345,000

                   Closed-33 $395,000-$1,499,000

Oswego-New 10 $350,000-$565,000

               Closed-18 $299,000-$586,398

Plainfield-New 32 $325,000-$730,000

                  Closed-24 $291,000-$1,042,212

South Elgin-New 11 $249,000-$659,340

                     Closed-6 $405,000-$550,730

St Charles-New 18 $315,000-$1,275,000

                  Closed-10 $295,000-$1,025,000

West Chicago-New 10 $185,000-$1,475,000

                        Closed-3 $355,000-$661,000

Yorkville-New 16 $304,900-$1,490,000

                Closed-7 $290,000-$445,000

Other communities had activity this week.  You can see those in the picture 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 $462,945, last week $474,950.

Closed median price this week $428,000, last week $434,900.

Stats 051924
Stats for week ending May 19th

Conventional financing was used to close on 149 homes this week at median price $439,900 with 31 days average market time, last week 128 homes at median price $469,995 with 29 days average market time.

Conv 051924
Conventional financing used to close for week ending May 19th

Cash was used to close on 36 homes this week at median price $475,000 with 43 days average market time, last week 19 homes at median price $409,000 with 13 days average market time.

Cash 051924
Cash used to close for week ending May 19th

FHA financing was used to close on 14 homes this week at median price $343,445 with 10 days average market time, last week 11 homes at median price $332,000 with 28 days average market time.

FHA 051924
FHA financing used to close for week ending May 19th

VA financing was used to close on 8 homes this week at median price $406,750 with 14 days average market time, last week 5 homes at median price $379,990 with 15 days average market time.

VA 051924
VA financing used to close for week ending May 19th

2,000 SF or more closed on 122 homes this week at median price $527,500 with 35 days average market time, last week 89 homes at median price $529,900 with 37 days average market time.  Minimum price this week $305,000, last week $270,000.

2000 SF or more 051924
2,000 SF or more closed for week ending May 19th

Conventional financing is still the way to go.

Under contract this week

Homes under contract this week are up slightly.  229 this week compared to 211 this week.

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

Aurora-26                             Bolingbrook-17

Elgin-22                                Geneva-13

Naperville-36                        Oswego-14

Plainfield-27                          St Charles-15

Look at the photo above for other communities that had seller’s accept contracts.

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 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  6 with a kick-out clause of 48 hours.

Median price of homes under contract this week $469,500 with 26 days average market time, last week $460,000 with 35 days average market time.

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                 665        621             663

Totals             3352      2860          3546

Check back with us every Saturday(on our normal day) 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 can compare.

Contact us

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

Check out some of these resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

If you are looking for any other information just let us know.

Fox Valley home prices May 19th.  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 11th

Fox Valley home prices May 11th

Fox Valley home prices May 11th.  It is a gorgeous day today and it looks like it will be from low 60’s to 80 for the next week.

New listings this week are the same.  205 this week compared to 205 the previous week.

 Closed listings are way down.  163 this week compared to 251 the previous week.

Aurora-New 21 $190,000-$659,900

             Closed-18 $156,100-$752,864

Bolingbrook-New 12 $315,00-$600,000

                      Closed-11 $230,000-$525,000

Elgin-New 13 $275,000-$975,995

          Closed-22 $255,000-$890,000

Geneva-New 13 $339,900-$949,900

               Closed-4 $255,000-$1,100,000

Naperville-New 36 $349,000-$1,635,600

                   Closed-26 $426,000-$1,275,000

Plainfield-New 33 $314,900-$989,900

                  Closed-13 $300,000-$708,475

St Charles-New 16 $400,000-$3,250,000

                   Closed-8 $275,000-$690,000

To see the other communities that had activity this week look at the photo above.

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

Median list price this week $474,950, last week $454,995.

Closed median price this week $434,900, last week $456,000.

Stats 051124
Stats for week ending May 11th

Conventional financing was used to close on 128 homes this week at median price $469,995 with 29 days average market time, last week 196 homes at median price $475,000 with 27 days average market time.

Conv 051124
Conventional financing used to close for week ending May 11th

Cash was used to close on 19 homes this week at median price $409,000 with 13 days average market time, last week 26 homes at median price $385,750 with 30 days average market time.

Cash 051124
Cash used to close for week ending May 11th

FHA financing was used to close on 11 homes this week at median price $332,000 with 28 days average market time, last week 18 homes at median price $338,000 with 16 days average market time.

FHA 051124
FHA financing used to close for week ending May 11th

VA financing was used to close on 5 homes at median price $379,990 with 15 days average market time, last week 10 homes at median price $414,500 with 24 days average market time.

VA 051124
VA financing used to close for week ending May 11th

2,000 SF or more closed on 89 homes this week at median price $529,900 with 37 days average market time, last week 162 homes at median price $535,250 with 29 days average market time.  Minimum price this week $270,000, last week $210,000.

2000 SF or more 051124
2,000 SF or more closed for week ending May 11th

Conventional financing again continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  211 this week compared to 223 the previous week.

ox Valley home prices May 11th-Under contract this week

Aurora-17                          Bolingbrook-14

Elgin-22                             Naperville-32

Oswego-13                        Plainfield-23

St Charles-13

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. 1 with a kick-out clause of 72 hours and 7 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, 3 with 48 hours, and 1 with 24 hours.

Median price under contract this week $460,000 with 35 days average market time, last week $450,000 with 36 days average market time.

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                    410         414           434

Totals                3097      2653          3317

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.

Check out some great resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

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

Fox Valley home prices May 11th.  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 April 27th

Fox Valley home prices April 27th

Fox Valley home prices April 27th.  Stormy and warm today.  It is supposed to be in the 70’s all week.

New listing this week are consistent.  196 this week compared to 208 the previous week.

Closed listings are also consistent.  175 this week compared to 169 the previous week.

Aurora-New 13 $229,900-$750,000

             Closed-18 $180,000-$745,000

Bolingbrook-New 10 $289,000-$874,534

                      Closed-8 $154,241-665,000

Elgin-New 24 $169,900-$1,185,000

          Closed-14 $229,000-$600,990

Naperville-New 38 $270,000-$1,800,000

                   Closed-30 $345,000-$3,700,000

Plainfield-New 21 $315,000-$509,990

                  Closed-25 $280,000-$585,000

St Charles-New $379,000-$1,349,880

                  Closed-9 $316,000-$1,265,000

These are the communities with the most activity this week.  Other communities had activity.  See the price ranges in those communities in the photo above.

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

Median list price this week $469,990, last week $453,990.

Closed median price this week $450,000, last week $442,000.

Stats 042724
Stats for week ending April 27th

Conventional financing was used to close on 130 homes this week at median price $442,495 with 44 days average market time, last week 132 homes at median price $470,000 with 29 days average market time.

Conv 042724
Conventional financing used to close for week ending April 27th

Cash was used to close on 26 homes this week at median price $511,500 with 33 days average market time, last week 29 homes at median price $375,000 with 47 days average market time.

Cash 042724
Cash used to close for week ending April 27th

FHA financing was used to close on 9 homes this week at median price $375,000 with 30 days average market time, last week 4 homes at median price $317,500 with 37 days average market time.

FHA 042724
FHA financing used to close for week ending April 27th

VA financing was used to close on 9 homes this week at median price $435,000 with 24 days average market time, last week 2 homes at median price $452,500 with 7 days average market time.

VA 042724
VA financing used to close for week ending April 27th

2,000 SF or more closed on 114 homes this week at median price $507,500 with 49 days average market time, last week 99 homes at median price $542,500 with 33 days average market time.  Minimum price this week $309,000, last week $120,000.

2000 SF or more 042724
2,000 SF or more homes closed for week ending April 27th

Conventional financing continues to be the most used way to close.

Under contract this week

Homes that went under contract this week are slightly down.  196 this week compared to 217 the previous week.

Fox Valley home prices April 27th-Under contract this week

Aurora-21                          Bolingbrook-16

Elgin-19                             Geneva-10

Naperville-31                     Plainfield-37

1 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 accepte.

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

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

Median price of home that went under contract this week $457,500 with 32 days average market time, last week $449,990 with 36 days average market time.

Under contract stats 042724
Under contract stats for week ending April 27th

2024 by the month and a look back at 2023 and 2022

2024

Month           New    Closed    Under contract

January          576         523              599

February        637         416               691

March             674         612               792

April               800        688              801

Totals            2687       2239           2883

2023

January          483         326              470

February        630         526              789

March             555         558              726

April               710          617              755

Totals           2378        2027            2740

2022

January          422         492              623

February        523         520              724

March            734          904             890

April             1168          966            1334

Totals           2847        2882            3571

Monday is the last day of the month but we will put it on May’s totals.  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.

Check out these great resources.  Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices April 27th.  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 March 2nd

Fox Valley home prices March 2nd

Fox Valley home prices March 2nd. It was a beautiful sunny day today in the 60’s.  The next couple of days will be in the lower 70’s then back in the mid 50’s.

New listings this week were up.  181 this week compared to 144 the previous week.

Closed listings were also up.  154 this week compared to 92 the previous week.

Aurora-New 21 $189,000-$999,900

             Closed-12 $197,000-$532,000

Bolingbrook-New 8 $219,900-$645,000

                      Closed-10 $264,500-$1,008,711

Elgin-New 15 $230,000-$649,900

           Closed-18 $220,500-$585,000

Naperville-New 38 $369,900-$1,750,000

                   Closed-26 $372,000-$2,117,778

Plainfield-New 16 $315,000-$799,900

                  Closed-19 $293,000-$693,375

St Charles-New 10 $325,000-$1,100,000

                   Closed-11 $270,000-$949,000

Check 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 $440,000, last week $444,900.

Closed median price this week $430,500, last week $389,900.

Stats 030224
Stats for week ending March 2nd

Conventional financing was used to close on 112 homes this week at median price $428,100 with 51 days average market time, last week 64 homes at median price $397,500 with 47 days average market time.

Conv 030224
Conventional financing used to close for week ending March 2nd

Cash was used to close on 27 homes this week at median price $515,000 with 38 days average market time, last week 16 homes at median price $482,495 with 126 days average market time.

Cash 030224
Cash used to close for week ending March 2nd

FHA financing was used to close on 11 homes at median price $375,000 with 93 days average market time, last week 9 homes at median price $352,000 with 34 average market time.

FHA 030224
FHA financing used to close for week ending March 2nd

VA financing was used to close on 3 homes at median price $390,000 with 32 days average market time, last week 3 homes at median price $389,900 with 65 days average market time.

VA 030224
VA financing used to close for week ending March 2nd

2,000 SF or more closed on 99 homes this week at median price $521,900 with 60 days average market time, last week 59 homes at median price $499,990 with 66 days average market time.  Minimum price this week $339,900, last week $264,000.

2000 SF or more 030224
2,000 SF or more closed for week ending March 2nd

Conventional financing continues to be the most popular way to close.

Under contract this week

Homes that went under contract this week are down slightly.  173 this week compared to 184 he previous week.

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

Aurora-19                       Bolingbrook-12

Elgin-18                          Naperville-19

Oswego-15                     Plainfield-12

2 short sales were accepted this week by seller’s.  1 in Batavia and 1 in Waterman.  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, 5 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $413,000 with 51 days average market time, last week $440,836 with 41 days average market time.

Under contract stats 030224
Under contract stats for week ending March 2nd

2024 by the month and a look back at 2023 and 2022

2024

Month           New   Closed   Under contract

January          576        523            599

February        637        416            691

Totals            1213        936          1290

2023

January          483        326           470

February        630        526           789

Totals             1113        852          1259

2022

January           422        492          623

February         523        520          724

Totals              945       1012        1347

We are heading into the right direction with new listings.  It still is not enough though.

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.

Information to check out.  Click on each underlined and bold item to take you to the site for the information.

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

Fox Valley home prices March 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 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 February 10th

Fox Valley home prices February 10th

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

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

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

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

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

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

          Closed-7 $239,000-$425,000

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

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

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

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

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

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

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

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

Stats 021024
Stats for week ending February 10th.

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

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

Aurora-19                       Elgin-21

Naperville-24                 Oswego-10

Plainfield-25

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

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

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

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

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

2024 by the month

Month                   New   Closed   Under contract

January                  576        523            599

February                145          72             177

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

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

Contact us

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

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

Info to check out

Fox Valley home prices February 10th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd.  Mid 50’s the next few days and then dropping to the mid 30’s.  Winter is here but not the temperatures.  I am ok with that.  How about you?  

New listings this week are way down.  38 this week compared to 78 the previous week.

Closed listings are slightly down.  126 this week compared to 138 the previous week.

Everyone is slowing down with the holidays upon us.

Aurora-New 2 $300,000-$549,000

             Closed-13 $171,000-$900,000

Bolingbrook-New 3 $290,000-$510,000

                      Closed-13 $220,000-$450,000

Naperville-New 4 $559,000-$1,950,000

                   Closed-23 $340,000-$1,350,098

Plainfield-New 5 $354,901-$665,000

                  Closed-19 $205,500-$756,723

Take a look at 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 $392,222, last week $425,000.

Closed median price this week $382,500, last week $417,495.

Stats 122323
Stats for week ending December 23rd.

 Conventional financing was used to close on 93 homes this week at median price $412,000 with 46 days average market time, last week 96 homes at median price $439,950 with 36 days average market time.

Conv 122323
Conventional financing used to close for week ending December 23rd.

Cash was used to close on 21 homes at median price $354,000 with 33 days average market time, last week 18 homes at median price $400,500 with 54 days average market time.

Cash 122323
Cash used to close for week ending December 23rd.

FHA financing was used to close on 11 homes this week at median price $318,000 with 22 days average market time, last week 21 homes ate median price $371,000 with 49 days average market time.

FHA 122323
FHA financing used to close for week ending December 23rd.

VA financing was used to close on 1 home this week at $303,750 with 6 days market time, last week 3 homes at median price $289,900 with 33 days average market time.

VA 122323
VA financing used to close for week ending December 23rd.

2,000 SF or more closed on 64 homes at median price $442,500 with 59 days average market time, last week 80 homes at median price $528,500 with 45 days average market time.  Minimum price this week $268,000, last week $315,000.

2000 SF or more 122323
2,000 SF or more for week ending December 23rd.

A little of 73% or people used Conventional financing to close on their home this week.  The trend continues.

Under contract this week

Homes that went under contract this week are up slightly.  97 this week compared to 88 the previous week.

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

Aurora-20                         Naperville-15

Plainfield-16

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

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

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $375,000 with 63 days average market time, last week $414,950 with 54 days average market time.

Under contract stats 122323
Under contract stats for week ending December 23rd.

2023 by the month

Month                New   Closed   Under contract

January               483       326            470

February             630       526            789

March                  555       558            726

April                    710        617            755

May                     735       603           816

June                   1030      1059           926

July                      765        745           805

August                 869       988           915

September           684       621            623

October                639       568           549

November            601        720           610

December             201        396           320

Totals                  7902      7727         8304

Only 1 more week left of 2023 and I will be sharing 2022 and 2021 so you have it to compare to.  Then on to 2024!

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 information on types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request, sign-up for email alerts go here.

Fox Valley home prices December 23rd.  Have an awesome week!  Happy Holidays to you!

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