Fox Valley home prices June 3rd

Posted on June 3, 2023June 3, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 3rd

Fox Valley home prices June 3rd. The weather is in the 80-90’s and no rain for maybe 2 more weeks. It is very dry.

New listings are up. 231 this week compared to 158 the previous week. Price range this week $175,000-$3,500,000.

Closed listings are up. 237 this week compared to 165 the previous week. Price range this week $121,250-$1,895,000.

Aurora-New 16 $175,000-$629,000

Closed-44 $200,000-$795,717

Batavia-New 10 $299,000-$725,000

Closed-4 $275,000-$511,000

Bolingbrook-New 9 $291,000-$539,900

Closed-15 $220,000-$775,000

Geneva-New 12 $310,000-$3,500,000

Closed-8 $384,000-$975,000

Naperville-New 35 $359,000-$1,725,000

Closed-37 $390,000-$1,895,000

Plainfield-New 35 $184,900-$2,200,000

Closed-37 $270,000-$1,690,000

St Charles-New 15 $175,000-$949,900

Closed-16 $310,000-$1,650,000

West Chicago-New 9 $199,900-$600,000

Closed-10 $320,000-$660,000

Yorkville-New 37 $285,000-$799,000

Closed-11 $332,000-$565,000

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

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

Median list price this week $420,000, last week $445,000

Closed median price this week $420,000, last week $435,000

Stats 060323 — Stats for week ending June 3rd

Conventional financing was used to close on 168 homes this week at median price $437,500 with 22 days average market time, last week 119 homes at median price $440,000 with 24 days average market time.

Conv 060323 — Conventional financing used to close for week ending June 3rd

Cash was used to close on 33 homes at median price $425,000 with 20 days average market time, last week 30 homes at median price $470,000 with 27 days average market time.

Cash 060323 — Cash used to close for week ending June 3rd

FHA financing was used to close on 20 homes this week at median price $337,750 with 43 days average market time, last week 15 homes at median price $335,500 with 26 days average market time.

FHA 060323 — FHA financing used to close for week ending June 3rd

VA financing was used to close on 14 homes this week at median price $412,500 with 15 days average market time, last week 2 homes at median price $373,450 with 70 days average market time.

VA 060323 — VA financing used to close for week ending June 3rd

2,000 square feet or more closed on 142 homes at median price $510,000 with 26 days average market time, last week 107 homes at median price $522,000 with 32 days average market time. Minimum price this week $255,000, last week $280,000.

2000 SF or more 060323 — 2,000 SF or more closed for week ending June 3rd

Almost 71% of homes closed using Conventional financing.

Under contract this week

Homes under contract this week are down. 156 this week compared to 197 the previous week.

Aurora-19 Naperville-37

Plainfield-22 St Charles-10

1 short sale was accepted by a seller. It was in Naperville. 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, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and also 1 with 48 hours.

Median price of homes that went under contract this week $430,000 with 31 days average market time, last week $419,900 with 32 days average market time.

Under contract 060323 — Under contract stats for week ending June 3rd

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 231 237 156

Totals 3344 2867 3712

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 each bullet point that is 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.

Contact us

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

Fox Valley home prices June 3rd. 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

Fox Valley home prices May 27th

Posted on May 27, 2023May 27, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 27th

Fox Valley home prices May 27th. The weather is perfect. Sunny and warm temperatures. A little too sunny though, we don’t expect to get any rain for another week. It is really getting dry.

New listings are down. 158 this week compared to 181 the previous week.

Closed listing are up. 165 this week compared to 148 the previous week.

Aurora-New 17 $205,000-$999,999

Closed-21 $218,000-$715,000

Batavia-New 7 $389,900-$1,399,000

Closed-11 $226,000-$875,000

Naperville-New 35 $385,000-$1,600,000

Closed-28 $360,000-$1,557,000

Plainfield-New 28 $285,000-$1,100,000

Closed-26 $320,000-$1,045,000

Yorkville-New 12 $330,490-$649,900

Closed-6 $325,000-$485,000

There was activity in other communities. Click on 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 $445,000, last week $435,000

Closed median price this week $435,000, last week $420,000

Stats 052723 — Stats for week ending May 27th

Conventional financing was used to close on 119 homes this week at median price $440,000 with 24 days average market time, last week 116 homes at median price $430,000 with 21 days average market time.

Conv 052723 — Conventional financing used to close for week ending May 27th

Cash was used to close on 30 homes this week at median price $470,000 with 27 days average market time, last week 17 homes at median price $586,305 with 11 days average market time.

Cash 052723 — Cash used to close for week ending May 27th

FHA financing was used to close on 15 homes this week at median price $335,500 with 26 days average market time, last week 14 homes at median price $345,500 with 37 days average market time.

FHA 052723 — FHA financing used to close for week ending May 27th

VA financing was used to close on 2 homes this week at median price $373,450 with 70 days average market time, last week 1 home at $375,000 with 7 days average market time.

VA 052723 — VA financing used to close for week ending May 27th

2,000 square feet or more closed on 107 homes this week at median price $522,000 with 32 days average market time, last week 94 homes at median price $485,000 with 25 days average market time. Minimum price this week $280,000, last week $140,000.

2000 SF or more 052723 — 2,000 SF or more closed for week ending May 27th

Slightly over 72% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract are consistent. 197 this week compared to 193 the previous week.

Aurora-24 Bolingbrook-19

Naperville-38 Plainfield-23

St Charles-16 Yorkville-11

No short sales were accepted this week.

Seller’s accepted contracts this week 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 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 48 hours.

Median price of homes that went under contract this week $419,900 with 32 days average market time, last week $400,000 also with 32 days average market time.

Under contract 052723 — Under contract for week ending May 27th

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

Totals 3113 2630 3556

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

Totals 3948 3775 4377

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

Totals 4191 4566 5738

You can see new listings have steadily declined every year. So have closed listings. The need for housing has not declined. Some have given up finding a home and are either living with family or renting. Rentals are also hard to find.

Keep an open mind when looking for a home. You might need to drive a little farther or find a home and make adjustments to the home.

Resources

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

Talk to your loan officer to see what programs they offer.

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 May 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 May 13th

Posted on May 13, 2023May 13, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 13th

Fox Valley home prices May 13th. It is a rainy weekend. 60 and 70’s next couple weeks and getting down to mid 40’s and 50’s at night.

New listings this week are consistent. 195 this week compared to 201 the previous week.

Closed listings are down. 129 this week compared to 161 the previous week.

Aurora-New 26 $149,900-$649,500

Closed-18 $144,000-$622.530

Bolingbrook-New 13 $179,000-$550,000

Closed-10 $250,000-$476,500

Naperville-New 51 $365,000-$3,000,000

Closed-16 $309,000-$925,000

Plainfield-New 23 $340,000-$925,000

Closed-23 $225,000-$645,390

St Charles-New 11 $210,000-$1,325,000

Closed-9 $270,000-$1,000,000

Yorkville-New 11 $249,900-$580,000

CLosed-3 $330,000-$840,000

Click on the photo above to see the price ranges in communities not listed here.

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

Median list price this week $412,500, last week $429,900.

Closed median price this week $389,000, last week $401,500.

Stats 051323 — Stats for week ending May 13th

Conventional financing was used to close on 89 homes at median price $395,000 with 37 days average market time, last week 121 homes at median price $419,000 with 17 days average market time.

Conv 051323 — Conventional financing used to close for week ending May 13th

Cash used to close on 20 homes at median price $363,750 with 21 days average market time, last week 21 homes at median price $410,500 with 63 days average market time.

Cash 051323 — Cash used to close for week ending May 13th

FHA financing was used to close on 15 homes this week at median price $322,000 with 38 days average market time, last week 15 homes at median price $337,500 with 56 days average market time.

FHA 051323 — FHA financing used to close for week ending May 13th

VA financing used to close on 4 homes at median price $407,000 with 67 days average market time, last week 3 homes at median price $379,900 with 5 days average market time.

VA 051323 — VA financing used to close for week ending May 13th

2,000 square feet or more closed on 74 homes at median price $475,750 with 31 days average market time, last week 100 homes at median price $488,000 with 28 days average market time. Minimum price this week $289,000, last week $310,000.

2000 SF or more 051323 — 2,000 SF or more homes closed for week ending May 13th

Just under 69% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are up. 232 this week compared to 194 the previous week.

Aurora-38 Bolingbrook-22

Naperville-39 Oswego-14

Plainfield-32 St Charles-19

Yorkville-10

1 short sale was accepted this week by a seller. It was in Sugar Grove. 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, 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 and 2 with 48 hours.

Median price of homes that went under contract this week $437,000 with 26 days average market time, last week $399,450 with 27 days average market time.

Under contract Stats 051323 — Under contract stats for week ending May 13th

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 396 290 426

Totals 2774 2317 3166

Resources

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

All data provided today is from our MLS, MRED, LLC. It changes throughout the day. The numbers I downloaded this morning will be different than this evenings numbers.

Contact us

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

Fox Valley home prices May 13th. 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 29th

Posted on April 29, 2023April 29, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 29th

Fox Valley home prices April 29th. Raining now and for the next few days with temperature at 51 before heading back in to the 60’s next week.

New listings are down. 165 this week compared to 183 the previous week.

Closed listings are up. 194 this week compared to 132 the previous week.

Aurora-New 16 $199,000-$685,000

Closed-18 $230,000-$552,978

Batavia-New 11 $275,000-$899,900

Closed-2 $270,000-$375,815

Bolingbrook-New 15 $249,990-$639,900

Closed-11 $230,000-$695,000

Naperville-New 32 $385,000-$1,745,000

Closed-41 $364,000-$1,330,000

Oswego-New 6 $239,900-$600,000

Closed-18 $300,000-$515,434

Plainfield-New 20 $289,900-$785,000

Closed-30 $240,000-$795,255

St Charles-New 12 $250,000-$1,249,000

Closed-5 $199,900-$630,000

Other communities had activity this week. Click on photo above to see them.

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

Median list price this week $429,999, last week $399,000.

Closed median price this week $422,500, last week $372,500

Stats 042923 — Stats for week ending April 29th

Conventional financing was used to close on 142 homes this week at median price $437,500 with 45 days average market time, last week 99 homes at median price $384,765 with 44 days average market time.

Conv 042923 — Conventional financing used to close for week ending April 29th

Cash was used to close on 26 homes this week at median price $410,000 with 94 days average market time, last week 16 homes at median price $390,000 with 58 days average market time.

Cash 042923 — Cash used to close for week ending April 29th

FHA financing was used to close on 16 homes this week at median price $343,565 with 51 days average market time, last week 10 homes at median price $226,000 with 58 days average market time.

FHA 042923 — FHA financing used to close for week ending April 29th

VA financing was used to close on 10 homes this week at median price $362,445 with 52 days average market time, last week 5 homes at median price $410,000 with 76 days average market time.

VA 042923 — VA financing used to close for week ending April 29th

2,000 Square feet or more closed on 114 homes this week at median price $490,790 with 69 days average market time, last week 65 homes at median price $470,000 with 62 days average market time. Minimum price this week $165,000, last week $200,000.

2000 SF or more 042923 — 2,000 SF or more for week ending April 29th

73% of homes this week closed using Conventional financing.

Under contract this week

Homes that went under contract this week is slightly down. 194 this week compared to 218 the previous week.

Aurora-30 Bolingbrook-15

Naperville-32 Plainfield-29

Yorkville-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. 2 with a kick-out clause of 72 hours, 4 with 48 hours, and 3 with 24 hours.

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

2023 by the week 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

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

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1385

Totals 3103 3278 4447

New listings steadily decline each year. You can see why the prices are increasing. We need more housing at every price range.

Resources

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

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 April 29th. 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 15th

Posted on April 15, 2023April 15, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 15th

Fox Valley home prices April 15th. We are in the 80’s today, but going down to 42 on Monday then back to 50 and 60’s.

New listings this week are up. 220 this week compared to 142 the previous week.

Closed listings are down. 108 this week compared to 183 the previous week.

Aurora-New 26 $190,000-$1,300,000

Closed-12 $127,000-$541,850

Bolingbrook-New 13 $239,900-$695,000

Closed-9 $270,000-$677,887

Geneva-New 14 $250,000-$925,000

Closed-8 $340,000-$680,000

Naperville-New 49 $318,000-$3,200,000

Closed-11 $327,500-$810,000

Oswego-New 11 $320,000-$2,200,000

Closed-9 $271,000-$550,000

Plainfield-New 31 $235,000-$1,500,000

Closed-19 $290,000-$649,000

St Charles-New 18 $300,000-$2,250,000

Closed-7 $285,000-$1,050,000

Click on the photo above to see other communities with activity this week.

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

Median list price this week $442,500, last week $420,000

Closed median price this week $400,500, last week $394,000

Stats 041523 — Stats for week ending April 15th

Conventional financing was used to close on 83 homes this week at median price $410,000 with 45 days average market time, last week 133 homes at median price $384,900 with 43 days average market time.

Conv 041523 — Conventional financing used to close for week ending April 15th

Cash was used to close on 14 homes this week at median price $337,500 with 14 days average market time, last week 29 homes at median price $445,000 with 57 days average market time.

Cash 041523 — Cash used to close for week ending April 15th

FHA financing was used to close on 8 homes at median price $344,950 with 42 days average market time, last week 12 homes at median price $326,500 with 64 days average market time.

FHA 041523 — FHA financing used to close for week ending April 15th

VA financing was used to close on 4 homes this week at median price $404,820 with 21 days average market time, last week 8 homes at median price $444,995 with 101 days average market time.

VA 041523 — VA financing used to close for week ending April 15th

2,000 Square feet or more closed on 67 homes this week at median price $455,490 with 37 days average market time, last week 104 homes at median price $468,750 with 58 days average market time. Minimum price this week $325,000, last week $120,000.

2000 SF or more 041523 — 2000 SF or more for week ending April 15th

Conventional financing continues to be the type of financing most used.

Under contract this week

Homes that went under contract this week are up. 189 this week compared to 154 the previous week.

Aurora-26 Bolingbrook-12

Naperville-33 Oswego-14

Plainfield-31

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, 5 with 48 hours, and 2 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 48 hours and 1 with 24 hours.

Median price of homes that went under contract this week $415,000 with 33 average market time, last week median price $396,750 with 30 days average market time.

Under contract Stats 041523 — Under contract stats for week ending April 15th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 362 291 343

Totals 2030 1701 2328

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.

Resources

Click on each bullet point that is 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.

Contact us

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

Fox Valley home prices April 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 8th

Posted on April 8, 2023April 8, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 8th

Fox Valley home prices April 8th. We are having a gorgeous weekend and the week ahead looks like it will be in the 70’s. We can finally enjoy some spring temps.

New listings this week are consistent. 142 this week compared to 139 the previous week.

Closed listings were slightly up. 183 this week compared to 172 the previous week.

Aurora-New 23 $179,900-$725,731

Closed-29 $152,500-$749,000

Bolingbrook-New 8 $250,000-$575,000

Closed-15 $199,000-$849,000

Geneva-New 2 $300,000-$695,000

Closed-11 $240,000-$1,500,000

Naperville-New 25 $400,000-$1,995,000

Closed-30 $285,000-$1,775,135

Plainfield-New 25 $274,900-$769,900

Closed-26 $209,000-$525,000

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

new listing price 4 8 23 — New listings for week ending April 8th

closed listing price 4 8 23 — Closed listings for week ending April 8th

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

Median list price this week $420,000, last week $395,000

Closed median price this week $394,000, last week $391,950.

Stats 040823 — Stats for week ending April 8th

Conventional financing was used to close on 133 homes at median price $384,900 with 43 days average market time, last week 116 homes at median price $412,495 with 49 days average market time.

Conv 040823 — Conventional financing used to close for week ending April 8th

Cash was used to close on 29 homes this week at median price $445,000 with 57 days average market time, last week 25 homes at median price 366,000 with 37 days average market time.

Cash 040823 — Cash used to close for week ending April 8th

FHA financing used to close on 12 homes at median price $326,500 with 64 days average market time, last week 27 homes at median price $320,000 with 38 days average market time.

FHA 040823 — FHA financing used to close for week ending April 8th

VA financing used to close on 8 homes at median price $444,995 with 101 days average market time, last week 3 homes at median price 400,000 with 102 days average market time.

VA 040823 — VA financing used to close for week ending April 8th

2,000 square feet or more closed on 104 homes at median price $468,750 with 58 days average market time, last week 99 homes at median price $462,000 with 58 days average market time. Minimum price this week $120,000, last week $270,600.

2000 SF or more 040823 — 2,000 SF or more for week ending April 8th

Almost 73% or homes accepted and closed this week used Conventional financing.

Under contract this week

Homes under contract this week are down. 154 this week compared to 204 the previous week.

Aurora-34 Naperville-23

Plainfield-22 St Charles-11

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

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

Median price of homes that went under contract this week $396,750 with 30 days average market time, last week $410,000 with 45 days average market time.

Under contract this week 020423 — Homes that went under contract for week ending April 8th

2023 by the month

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 535 558 726

April 142 183 154

Totals 1790 1593 2139

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

Resources

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

All data provided today is from our MLS, MRED, LLC. The data 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 April 8th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 4th

Posted on March 4, 2023March 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 4th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 030423 — Stats for week ending March 4th

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

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-22 Bolingbrook-11

Naperville-17 Plainfield-25

St Charles-10

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

1 short sale was accepted by a seller this week. It was in Minooka. Now it will go to the lender to see if they will also accept.

A Seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours.

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

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

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

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

Totals 1113 852 1259

2022

January 422 492 626

February 523 520 724

Totals 945 1012 1350

2021

January 543 649 829

February 561 604 778

Totals 1104 1253 1607

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

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

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

Resources

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

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

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

Contact us

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

Fox Valley home prices March 4th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 18th

Posted on February 18, 2023February 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 18th

Fox Valley home prices February 18th. New listings, closed listings, median prices, financing used to close, under contract, 2023 by the month, and some great resources.

New listings this week are up. 169 this week compared to 106 the previous week.

Closed listings are slightly up. 88 this week compare to 80 the previous week.

Aurora-New 24 $149,900-$749,000

Closed-16 $130,000-$520,458

Bolingbrook-New 10 $265,000-$674,900

Closed-8 $227,000-$330,000

Naperville-New 30 $275,000-$12,750,000

Closed-10 $290,000-$3,075,000

Oswego-New 12 $324,500-$1,299,000

Closed-7 $211,700-$455,000

Plainfield-New 25 $279,000-$683,910

Closed-16 $216,000-$635,968

Click on the photo above to see other communities with activity this week.

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

Median list price this week $399,990, last week $399,949.

Closed median price this week $339,000, last week $346,250.

Stats 021823 — Stats for week ending February 18th

Conventional financing used to close on 61 homes this week at median price $355,000 with 65 days average market time, last week 55 homes at median price $345,500 with 48 days average market time.

Conv 021823 — Conventional financing used to close for week ending February 18th

Cash was used to close on 19 homes this week with a median price of $270,000 with 69 days average market time, last week 13 homes at median price $435,000 with 34 days average market time.

Cash 021823 — Cash used to close for week ending February 18th

FHA financing was used to close on 6 homes this week at median price $306,500 with 72 days average market time, last week 8 homes at median price $242,500 with 50 days average market time.

FHA 021823 — FHA financing used to close for the week ending February 18th

VA financing was used to close on 1 house this week $423,990 with 53 days average market time, last week 4 homes at median price $487,000 with 48 days average market time.

VA 021823 — VA financing used to close for week ending February 18th

2,000 square feet or more close on 51 homes this week at median price $450,000 with 63 days average market time, last week 40 homes at median price $475,000 with 55 days average market time. Minimum price this week $108,000, last week $190,100

2000 SF or more 021823 — 2,000 SF or more closed for week ending February 18th

Conventional financing continues to be the financing to chose.

Homes under contract this week

Homes that went under contract this week are consistent. 152 this week compared to 159 the previous week.

Aurora-21 Naperville-31

Oswego-14 Plainfield-20

Click on the photo above to see other communities that seller’s accepted contracts this week.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 48 hours and 2 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 5 with a kick-out clause of 48 hours and 2 with 24 hours.

Median price of homes that went under contract this week $391,950 with 54 days average market time, last week median price $369,900 with 58 days average market time.

Under Contract Stats 021823 — Under contract stats for week ending February 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 383 279 476

Totals 866 605 946

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 show you 2022 and 2021 so you can see how this year is going.

Resources

Click on each bullet point to take you to the information.

Check with your loan office to see what interest rate you will be offered. It depends on your credit score and other information they will provide to you.

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

Contact us

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

Fox Valley home prices February 18th. 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

Fox Valley home prices November 5th

Posted on November 5, 2022November 5, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 5th

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.

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.

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

Fox Valley home prices August 27th

Posted on August 27, 2022August 27, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 27th

Fox Valley home prices August 27th. We will update you on the Fox Valley area of Illinois new, closed, contracts accepted, 2022 by the month. Median prices and financing used for this week.

New listings this week were up. 214 this week compared to 171 the previous week.

Closed listings were down. 189 this week compared to 229 the previous week.

Aurora-New 42 $135,000-$799,999

Closed-26 $160,000-$812,000

Batavia-New 10 $334,900-$900,000

Closed-2 $329,000-$411,000

Bolingbrook-New 17 $199,900-$675,000

Closed-15 $240,000-$776,202

Naperville-New 31 $305,000-$2,490,000

Closed-41 $275,000-$1,750,000

Plainfield-New 20 $275,000-$611,848

Closed-31 $233,000-$650,000

St Charles-New 17 $259,000-$1,275,000

Closed-8 $263,000-$695,000

Yorkville-New 9 $394,990-$500,000

Closed-10 $125,000-$430,000

Click on the photo above to see activity in other communities this week that did not have as much action.

Median prices, financing used, and 2,000 SF or more

Median list price this week $400,000, last week $397,500.

Closed median price this week $410,000, last week $390,000.

Stats 082722 — Stats for week ending August 27th

Conventional financing was used to close 149 homes with median price $429,800 with 24 days average market time, last week 177 homes at median price $399,900 with 22 days average market time.

Conv 082722 — Conventional financing used to close for week ending August 27th

Cash was used to close 19 homes this week at median price $424,000 with 25 days average market time, last week 21 homes at median price $400,000 with 22 days average market time.

Cash 082722 — Cash used to close for week ending August 27th

FHA financing was used to close 17 homes this week at median price $317,000 with 20 days average market time, last week 21 homes at median price $298,500 with 22 days average market time.

FHA 082722 — FHA financing used to close for week ending August 27th

VA financing was used to close 4 homes this week at median price $402,000 with 16 days average market time, last week 8 homes at median price $407,500 with 30 days average market time.

VA 082722 — VA financing used to close for week ending August 27th

Homes that were at least 2,000 square feet or more closed on 127 homes at median price $475,000 with 27 days average market time, last week 136 homes at median price $464,000 with 21 days average market time. Minimum price this week $235,000, last week $220,000.

2000 SF or more 082722 — Homes that were at least 2,000 SF or more for week ending August 27th

Contracts accepted this week

Contracts accepted this week were down. 215 this week compared to 228 the previous week.

Aurora-27 Bolingbrook-16

Geneva-11 Montgomery-10

Naperville-35 Oswego-10

Plainfield-28 St Charles-12

Yorkville-15

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

Seller’s accepted contracts that are contingent on the closing of their current home. 5 with a kick-out clause of 72 hours, 3 with 48 hours, and 2 with 24 hours.

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

Median list price of homes that went under contract this week $375,000 with 38 days average market time, last week $365,000 with 33 days average market time.

Contingent Stats 082722 — Contingent Stats for week ending August 27th

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 857 855 866

Totals 7055 6971 7385

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. Next week is the end of the month so 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 to take you to the site for the information.

check with your loan officer for the interest rate you will be offered. It depends on your credit score. They can also help you if you need to work on your score.

If you need recommendations for loan officer, real estate attorney, or home inspector we can recommend af ew of each and you can decide who you want to work with.

All data provided today is from our MLS system, MRED, LLC. It is constantly changing throughout the day as real estate agents upload new information.

Contact us

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

Fox Valley home prices August 27th. 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