10 12 19-Market Update Fox Valley

10 12 19-Market Update Fox Valley

10 12 19-market update Fox Valley.  New listings of single family homes was down this week.  275 this week compared to 291 the week before.  Season is changing and so is the market.  Things are still happening but at a little slower pace.  This might work out well for buyers that had a hard time competing with other buyers for a home.  Sellers need to make sure you are pricing your home right from the beginning.

Closed single family homes were also down this week.  165 this week compared to 235 the week before. It is the beginning of the month  and most buyers want to close at the end of the month.

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

Aurora-New 43 $125,000-$375,000

            Closed 21 $123,000-$549,000

Bolingbrook-New 16 $135,000-$334,900

                    Closed 14 $155,000-$470,000

Montgomery-New 10 $189,900-$399,500

                     Closed 9 $169,900-$307,999

Naperville-New 45 $269,750-$1,250,000

                 Closed 26 $260,000-$800,000

Oswego-New 14 $239,900-$650,000

              Closed 7 $149,000-$500,000

Plainfield-New 36 $169,900-$525,000

                Closed 18 $220,000-$393,060

St Charles/Campton Hills-

               New 26 $85,000-$1,700,000

              Closed 10 $189,000-$525,000

Sugar Grove-New 11 $225,000-$339,900

                    Closed 3 $210,000-$335,000

Yorkville-New 13 $220,000-$565,000

              Closed 4 $165,000-$325,000

Contracts accepted this week

10 12 19-Market Update Fox Valley-Contracts Accepted this week

Contracts accepted this week on single family homes was pretty consistent.  192 this week compared to 195 the week before.  Buyers are still out there looking and ready to go.

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

Aurora-31                 Bolingbrook-19                     

Naperville-26            Oswego-10             

 Plainfield-27            St Charles/Campton Hills-19

4 short sales were accepted by sellers this week.  1 each in Aurora, Naperville,  Plainfield and Sugar Grove.

Sellers accepted contracts that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Market update Fox Valley by the month

New listings        Closed listings       Contracts accepted

January-878              407                     608

February-1,032         465                     832

March-1,731             915                     1,375

April-1,594               790                     1,307

May-2,004                1,391                  1,665

June-1,643                1,253                  1,218

July-1,423                 1,029                  1,090

August-1,585            1,403                  1,211

September-1,164      765                     869

October-566             400                     387

Contact us

Call us at 630-503-6555.  Our goal is your goal.  Let us know what your goal is and we will do everything we can to meet your goal. If we think is not attainable we will let you know why and if it is possible with some changes.

We are here to explain the process of buying or selling a home and guide you through the process.

Let us update the value of your home in today’s market. We will provide you with a net proceeds that is an estimate of expenses to sell.

Wanting to buy a home?  Your first step is to talk to a loan officer to see what type of loan and what price range will work out for you.  Then we can get started looking.  Let us know your time frame.

Check out some resources:

Also talk to your loan officer to see if they offer lender credits.

10 12 19-market update Fox Valley.  Have a great week!  Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Also another way to search for a home.  I would be happy to help you with this one.  I can share my page with you and show you how this one works.  It also has a chat feature.

10 05 2019-Market Update

10 05 2019-Market Update

10 05 2019-Market update.  New listings of single family homes here in the Fox Valley went up this week.  291 this week compared to 259 the week before.  Great news for buyers that have not found the right home yet or have lost out to multiple offers.

Closed listings of single family homes were also up this week.  235 this week compared to 204 the week before.  Some of those might of been on Monday the last day of September.

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

Aurora-New 43 $93,600-$559,000

            Closed-20 $91,650-$525,000

Batavia-New 10 $182,500-$525,000

             Closed-7 $191,000-$415,000

Bolingbrook-New 14 $149,900-$359,000

                     Closed-18 $140,000-$439,000

Geneva-New 11 $325,000-$500,000

             Closed-8 $280,000-$579,000

Montgomery-New 15 $134,900-$317,900

                      Closed-13 $98,000-$250,000

Naperville-New 65 $249,900-$1,999,999

                 Closed-36 $175,000-$1,155,000

Oswego-New 14 $206,800-$799,000

              Closed-11 $153,000-$418,000

Plainfield-New 36 $210,000-$550,000

                Closed-38 $149,500-$900,000

St Charles/Campton Hills-New 23 $199,900-$2,195,000

                                         Closed-27 $153,000-$968,000

10 05 2019-Market Update Contracts accepted this week

10 05 2019-Market Update-Contracts accepted this week

Contracts accepted this week on single family homes were slightly down this week.  Not too bad.  Only down by 9 listings.

Look at the communities that sellers accepted the most contracts:

Aurora-19                                       Bolingbrook-21                                            Geneva-11

Naperville-30                                   Plainfield-10                                                 St Charles/Campton Hills-19

Yorkville-10

There were no short sales contracts accepted this week. The week before there were 3. Great news!

Contracts were accepted this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Sellers also accepted contracts that are contingent on the buyer selling and closing on their current home.  6 with a kick-out clause of 72 hours and also 6 with 48 hours.

Market activity so far for 2019 in the Fox Valley by the month

New listings                                        Closed listings                                   Contracts accepted

January-878                                     January-407                                    January-608

February-1,032                                February-465                                  February-832

March-1,731                                    March-915                                     March-1,375

April-1,594                                      April-790                                        April-1,307

May-2,004                                      May-1,391                                      May-1,665

June-1,643                                      June-1,253                                     June-1,218

July-1,423                                       July-1.029                                      July-1,090

August-1.585                                  August-1,403                                  August-1,211

September-1,164                            September-765                               September-869

October so far-291                          October so far-235                         October so far-195

Total-13,345                                    8,653                                            10,370

I changed it up this week so you could see the difference side-by-side.  Some of those new listings have not sold or canceled and decided not to sell.

Not every listing that receives a contract closes.  There are many reasons why they do not close.  There could be an issue with the buyer that does not get approved for the loan for some reason.  Home inspection or attorney review had issues that they could not agree on resolving.  Buyer or seller change their mind about going through with the deal.  All very good reasons why you need a good REALTOR® and good real estate Attorney to get you through all the issues that can come up.

It makes sense that May was the biggest month for new listings and contracts accepted and it also makes sense that August was the biggest month for closings.  Everything still revolves around the school year.  There is still activity though.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  Our goal is your goal.  We will do everything we can to meet your goal.  If it is not reasonable we will let you know.

Let us update the value of your home in today’s market.  We will provide you with an estimate of expenses to sell your home so you will know where you are at.

If you want to buy a home your first step is to talk to a loan officer to see if you need to work on your credit score to get ready to buy or what price range and loan type will work for you.

Check out some resources:

Let us know how we can help you.

10 05 2019-market update.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

630-503-6555

Another way to search for a home that you can sign up for free!  I can do a video call and share my screen to show you how it works and all that you can do with it.  I think you will really like this!

 

Fox Valley Market Update September 14 2019

Fox Valley Market Update September 14 2019

Fox Valley market update September 14 2019.  Consistent is the market this week.  310 new listings of single family homes this week compared to 313 the week before.  You can’t get more consistent than that!  The weather is wonderful.  It is not too hot or raining.  Perfect weather for looking at homes.  Let’s get your home on the market!

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,585
  • September so far-623

          Total-12,513

Closed listings this week were also consistent.  188 closings of single family homes this week compared to 180 the week before.  Slightly higher but very consistent.  They should increase though as we get closer to the end of the month when most buyers want to close.

Closed listings of single family homes for 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-368

          Total-8,021

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

Aurora-New 46 $115,000-$699,000

            Closed-30 $37,500-$645,000

Bolingbrook-New 20 $174,900-$754,766

                     Closed-12 $152,700-$430,000

Elburn-New 10 $229,000-$549,900

            Closed-1 $320,000

Naperville-New 61 $299,000-$1,599,000

                 Closed-28 $245,000-$1,150,000

Oswego-New 16 $179,900-$1,000,000

              Closed-7 $215,000-$340,000

Plainfield-New 33 $149,888-$624,000

                Closed-29 $170,000-$538,200

St Charles/Campton Hills-New 19 $199,900-$1,260,000

                                         Closed-9 $290,000-$880,000

Sugar Grove-New 11 $214,900-$849,900

                     Closed-5 $210,000-$445,000

West Chicago-New 12 $228,000-$574,999

                       Closed-6 $222,500-$385,000

Yorkville-New 10 $164,900-$475,000

              Closed-3 $134,500-238,000

Contracts accepted this week

Contracts accepted this week on single family homes was slightly higher.  225 contracts accepted this week compared to 211 the week before.  The homes that are remaining on the market either need to be updated or the price dropped to get buyers interested in them.  Buyers today want to buy and move in.  They don’t want to spend a lot of time or money to fix something up.

Contracts accepted 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211
  • September so far-436

          Total-9,742

Look at the communities that had the most sellers accept contracts this week:

Aurora-36                                          Bolingbrook-21                                         Naperville-31

Plainfield-29                                      St Charles/ Campton Hills-11

Not all contracts that get accepted close.  A good REALTOR® and real estate attorney can help to overcome some issues that come up unless of course it is a buyer issue with financing.  Sometimes issues come up with an in-depth credit check that can not be overcome easily or within the time frame.

There were no short sale contracts accepted this week.

Contracts were accepted by sellers that are contingent on the buyer closing on their current home.  5 with a kick-out clause of 72 hours, 6 with 48 hours and 3 with 24 hours.

Sellers also accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 72 hours, 4 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are here to help you.  Our goal is your goal.  We will work hard to reach your goal whether it is selling or buying a home.  Keep in contact with you and guide you through the process.

Check out some resources:

Check back with us every Saturday for the Fox Valley Market update.  We are keeping an eye on the market.  

Fox Valley market update September 14 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search that also has a chat feature.  Sign up for free!

 

Fox Valley Market Update September 7 2019

Fox Valley Market Update September 7 2019

Fox Valley market update September 7 2019.  New listings this week were slightly up.  313 new listings of single family homes this week compared to 290 the week before.  Now that we are past the holiday and school starting we can get back to normal.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,585
  • September-313

          Total-12,203

Closed listings of single family homes were down this week.  180 this week compared to 292 the week before.  With the holiday, a short week and the beginning of the month this is to be expected.  It should go up from here.

Closed listings for 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403
  • September-180

          Total-7,833

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

Aurora-New 40 $115,000-$500,000

            Closed-34 $80,000-$510,000

Batavia-New 14 $209,900-$525,000

             Closed-8 $255,500-$586,987

Bolingbrook-New 22 $179,900-$500,000

                    Closed-16 $134,100-$369,000

Geneva-New 23 $149,000-$1,249,000

             Closed-9 $241,000-$924,000

Naperville-New 62 $305,000-$4,000,000

                 Closed-23 $305,000-$1,295,000

Oswego-New 24 $229,900-$475,000

              Closed-10 $129,000-$304,295

Plainfield-New 40 $169,900-$549,900

                Closed-18 $150,000-$515,000

St Charles/Campton Hills-New 18 $163,500-$1,199,999

                                         Closed-14 $100,000-$617,500

West Chicago-New 12 $179,900-$499,900

                       Closed-3 $285,000-$335.000

Yorkville-New 13 $180,000-$469,500

              Closed-6 $250,000-$452,000

Contracts accepted this week

Fox Valley Market Update September 7 2019-Contracts accepted this week

Contracts accepted this week on single family homes was slightly down this week.  211 this week compared to 227 the week before.  This should go up next week since we are now past the holiday and a short week.  Keep in mind that not all contracts accepted close.  They need to get past home inspection, attorney review and the loan approval. So things can happen during that process.

Contracts accepted for 2019 by the month of single family homes:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211
  • September-211

          Total-9,517

Now take a look at the communities this week that sellers accepted the most contracts on single family homes:

Aurora-33                                            Bolingbrook-13                                               Naperville-34

Oswego-10                                           Plainfield-28                                                   St Charles/Campton Hills-16

Short sales still remain low this week.  1 this week compared to 3 the week before. The 1 was in Bolingbrook this week.

Sellers accepted contracts this week that are contingent on the buyer closing on their current home.  6 with a kick-out clause of 72 hours, 2 with 48 hours and also 2 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours and 1 with 48 hours.

Contact us

Call us with your real estate questions at 630-503-6555.  Our goal is your goal.  Whether you are buying, selling or both we will work hard to meet your goals.  We will let you know what you need to do to get your home ready for market.  Provide you with a net proceeds that shows you the expenses to sell so you know where you are at.

If you are thinking about buying you need to talk to a loan officer first to get pre-qualified so you know what type of loan will work for you and the price range.  What type of loan you choose will determine the condition the home must be in.  If you find a home that needs repairs and the seller is not willing to do them and you have the money you can set up an escrow account if it is under $5,000 for repairs.  If it is over that amount you will need to get pre-qualified for a loan that will allow you to make the repairs.  This is a different kind of approval.  Separate from the normal approval.  We can talk to you more about this or your loan officer can explain it to you.

It is still a great time to sell or buy so get in touch with us so we can get you started.

Check out some resources:

Fox Valley market update September 7 2019.  Have a great week!

 

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search with a chat feature.  Sign up for free and let us know what you think.  It has google maps so you can click on the satellite view so you can see the yard and house around it.. 

Fox Valley Market Update August 31 2019

Fox Valley Market Update August 31 2019

Fox Valley market update August 31 2019.  New listings of single family homes were consistent this week.  290 this week compared to 292 the week before.  We love consistency!  That is even with a holiday coming up.  Usually the week leading up to a holiday is a little slower than normal.

2019 so far by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August-1,583

          Total-11,890     May was the month with the most new listings of single family homes so far.

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

Aurora-New 35$129,900-$565,000

            Closed-37 $89,900-$425,000

Batavia-New 9 $172,500-$550,000

             Closed-10 $247,500-$673,299

Bolingbrook-New 19 $176,900-$484,256

                    Closed-23 $125,501-$390,000

Geneva-New 12 $330,000-$2,800,000

             Closed-10 $295,000-$533,000

Montgomery-New 18 $148,899-$297,990

                     Closed-10 $100,000-$308,000

Naperville-New 54 $278,500-$1,499,000

                 Closed-57 $225,000-$2,350,000

Oswego-New 19 $149,900-$724,000

              Closed-15 $168,000-$380,000

Plainfield-New 41 $185,000-$575,000

                Closed-29 $157,374-$406,000

St Charles/Campton Hills-New 25 $234,500-$1,995,000

                                        Closed-25 $165,000-$1,262,500

West Chicago-New 4 $265,000-$430,000

                      Closed-12 $146,500-$347,000

Yorkville-New 12 $154,900-$439,934

              Closed-14 $150,000-$470,946

Closed listings of single family homes were slightly higher this week. 292 this week compared to 221 the week before.    This was not a typical month.  Usually the end of the month you see the most closings.  The first week there were 341 closings but most of them were the end of July closings in the first part of that week and ending on August 3rd.  The 3rd week ending on August 17th was the next highest with 255.   They were trying to close before the first day of school starting.

Closings by the month in 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August-1,403

          Total-7,653     August was slightly higher than May so far this year.  The school year calendar was the driver for this years activity. 

Contracts accepted this week

Fox Valley Market Update August 31 2019-Contracts accepted this week

Contracts accepted this week on single family homes was slightly lower this week.  227 this week compared to 234 the week before.  Not too bad for the hustle of the kids getting back to school and Labor Day coming up.

Contracts accepted so far by the month for 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August-1,211

          Total-9,306    May so far is the busiest month for contracts accepted by sellers.

You are probably wondering why I am keeping track of when contracts get accepted but I do think it is important.  When you look back at the month with the most listings you see that it makes sense.  March was the next highest month for new listings and it is also the next highest month for contracts accepted.  Buyers had more choice.

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

Aurora-43                                     Batavia-11                                    Bolingbrook-15

Montgomery-11                            Naperville-32                                Plainfield-34

St Charles/Campton Hills-19

Short sales accepted this week still remain low.  3 this week compared to 1 the week before.  1 each in Naperville, St Charles/Campton Hills and Yorkville.

Sellers accepted contracts this week that are contingent on buyer closing on their current home.  3 with a kick-out clause of 72 hours, 5 with 48 hours and 2 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 with your real estate questions.  Our goal is your goal.  We will work hard to meet your goals whether buying or selling a home.  We will guide you through the process and make recommendations for real estate attorneys, loan officers and home inspectors.

Provide you with a net proceeds that shows you the expenses to sell a home so you can make a good decision if it is the right time for you.  Let you know what you need to do to get your home market ready.  If you do not want to make the updates we can price it accordingly.

Resources to check out:

Fox Valley market update August 31 2019.  Have a great week and a fantastic Labor Day weekend!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for a home that you might like.  It also has a chat feature.

Fox Valley Market Update August 24 2019

Fox Valley Market Update August 24 2019

Fox Valley market update August 24 2019.  New listings of single family homes were slightly down this week.  292 this week compared to 315 the week before.  Not too bad with school starting.  So many people are out buying school clothes and supplies to get ready to start school.

2019 new single family home listings by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-1,423
  • August so far-1,295

          Total-11,600

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

Aurora-New 43 $118,000-$975,000

            Closed-35 $137,000-$513,500

Batavia-New 17 $189,900-$614,500

             Closed-5 $210,000-$525,000

Bolingbrook-New 17 $169,900-$565,000

                     Closed-19 $104,8500$380,000

Geneva-New 19 $229,000-$1,695,000

             Closed-6 $219,900-$485,000

Montgomery-New 10 $175,000-$270,000

                      Closed-8 $181,000-$287,000

Naperville- New 63 $299,700-$7,250,000

                  Closed-31 $230,000-$1,180,000

Oswego-New 9 $179,900-$385,790

              Closed-10 $169,000-$462,850

Plainfield-New 29 $154,900-$778,000

                Closed-34 $180,000-$551,351

St Charles/Campton Hills-New 22 $260,000-$829,000

                                         Closed-21 $150,000-$622,500

West Chicago-New 10 $259,900-$675,000

                       Closed-4 $176,000-$337,000′

Yorkville-New 11 $199,900-$374,900

              Closed-5 $249,900-#55,000

Closed homes this week were also down.  221 this week compared to 255 the week before.  Next week is the last week of the moth so we should see an increase.  Especially because next weekend is Labor Day so people will have a long weekend to move in and get settled.

Closed homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-1,111

          Total-7,361

May continues to be the best month so far for new listings and closed homes.

Contracts accepted this week

Fox Valley Market Update August 24 2019-Contracts accepted this week

Contracts accepted on single family homes this week were slightly up this week.  234 this week compared to 212 the week before.  When something special comes on the market no matter how busy you are you need to jump on it.  Homes that have been on the market either need to be made special or drop the price to get a buyer interested.

Contracts accepted on single family homes in 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1665
  • June-1,218
  • July-1,090
  • August so far-984

          Total-9,079

Not every home that received an accepted contract closes.  Sometimes things come up during attorney review or the home inspection that buyer and seller do not mutually agree upon.  Sometimes the buyer’s loan does not get approved either because something comes up on their credit that can’t be resolved or the appraisal does not appraise for the agreed upon price.  Buyer’s sometimes lose their job during the process  Many things can happen during the process.  Keeping on top of things is very important.

Look at the communities that seller’s accepted the most contracts this week:

Aurora-37                                       Bolingbrook-15                                        Geneva-10

Naperville-42                                  Oswego-1-                                                Plainfield-25

St Charles/Campton Hills-16

Short Sales accepted this week were still low.  Only 1 this week compared to 2 the week before. This is great!  Bolingbrook was the only community this week with an accepted contract.

Sellers also accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 6 with 48 hours and 6 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 6 with 48 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions.  We are keeping an eye on the market.  Our goal is your goal.  We are here to listen to your wants and needs.  We will do everything we can to accomplish your goals.  Whether buying or selling a home.

Check out some resources:

Let us know what other information you are looking for and we will point you to it.

Fox Valley market update August 24 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another way to search for homes that also has a chat feature.  You can sign up for free.

Fox Valley Market Update August 17 2019

Fox Valley Market Update August 17 2019

Fox Valley market update August 17 2019.  New listings of single family homes was down this week.  315 new listings this week compared to 360 the week before.  So many schools started back up this week for will next week. I am sure that has had an impact on housing slowing down. Once they get settled back into their routines it will probably get back to normal.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2004
  • June-1,643
  • July-1,423
  • August so far-1,003

          Total-11,308

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

Aurora-New 41 $120,000-$795,000

            Closed-38 $80,000-$427,500

Batavia-New 12 $214,900-$579,900

             Closed-5 $199,550-$440,000

Bolingbrook-New 23 $142,500-$495,000

                     Closed-20 $160,000-$410,000

Geneva-New 9 $289,900-$674,900

             Closed-12 $275,000-$830,000

Montgomery- New 6 $194,900-$299,000

                      Closed-11 $182,000-$285,000

Naperville-New 57 $275,000-$1,590,000

                Closed-39 $307,500-$970,000

Oswego-New 15 $189,900-$359,900

              Closed-12 $210,000-$346,000

Plainfield-New 40 $159,888-$1,190,000

               Closed-27 $95,000-$762,000

St Charles/Campton Hills-New 24 $100,000-$1,295,000

                                         Closed-19 $181,500-$515,500

Yorkville-New 16 $162,500-$415,000

              Closed-12 $130,000-$450,000

Closed listings of single family homes were slightly up this week.  255 this week compared to 221 the week before.  We are heading closer to the end of the month so this is to be expected.

Look at the closings of single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-1,029
  • August so far-890

          Total-7,140

If August continues the same for the next 2 weeks it could end up the best month for closings for far.  May has been the highest month so far for New listings closings and contracts accepted.

Contracts accepted this week

Fox Valley Market Update August 17 2019-Contracts accepted this week

Contracts accepted this week of single family homes were down.  212 this week compared to 249 the week before.  Again I think this is due to school starting or getting ready to start for some.

2019 look at contracts accepted by the month of single family homes:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July-1,090
  • August so far-772

          Total-8,867

I think it is important to look at the months that people are making decisions to purchase.  It changes a little bit each year.   A lot of it has to do with inventory.  Some people end up looking for months.  It depends on what price range you are in.  Under $200,00 it is hard to find.  You have more choices above that price range.

Look at the communities that sellers accepted the most contracts on single family homes this week:

Aurora-37                                                  Bolingbrook-15                                                Geneva-10

Naperville-42                                             Oswego-10                                                        Plainfield-25

St Charles/Campton Hills-16

Short sales this week on single family homes were down this week.  2 this week compared to 7 the week before.  that is good news.  there were 1 each in Aurora and Montgomery. Now they will be submitted to the lender to see if they will also accept.

Contracts were accepted this week by seller’s that are contingent on the buyer closing on their current home before purchasing.  6 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

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

Contact us

Call us with all of your real estate questions 630-503-6555.  If we do not have the answer we will point you to where or who would have the answer. 

We will do the best we can to find you a home that fits your needs and wants. Give us a good idea of the home that fits all of your wishes and the one that is the bare minimum.

If you are thinking about selling your home we will let you know what you need to do to get your home market ready and provide you with a net proceeds.  This is an estimate of expenses so you will know where you are at. When an offer comes in we will update this so you can make a good decision.

Check out some resources:

Fox Valley market update August 17 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv.com@gmail.com

Fox Valley Market Update July 13 2019

Fox Valley Market Update July 13 2019

Fox Valley market update July 13 2019.  Thing are picking back up again since the holiday.  407 new listings of single family homes this week compared to 287 the week before.  What a difference a week makes!  July is usually a slow month with everyone going on vacation.  It is a good time to go on vacation right after you list your home.  Your home is easier to show and you don’t have to be inconvenienced with all the showings. It might even sell while you are gone.  Wouldn’t that be nice!

2019 listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July-694 so far

                  9,576 Total

Closed homes this week were slightly up.  266 this week compared to 236 the week before.  They should increase and we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July-523 so far

                  5,744 Total

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

Aurora-New 47 $88,000-$599,900                                                 Closed-40 $76,000-$461,500

Batavia-New 10 $239,000-$799,900                                              Closed-8 $214,000-$365,000

Bolingbrook-New 23 $139,900-$669,900                                       Closed-31 $160,000-$434,500

Geneva-New 13 $275,000-$574,900                                               Closed-8 $385,000-$702,000

Naperville-New 98 $299,900-$2,499,000                                        Closed-48 $273,000-$1,295,000

Oswego-New 20 $229,900-$450,000                                               Closed-25 $150,000-$837,500

Plainfield-New 46 $165,000-$1,200,000                                          Closed-22 $216,000-$475,000

St Charles/Campton Hills-New 35 $159,000-$849,900                    Closed-21 $199,500-$768,000

Sugar Grove-New 11 $242,500-$435,000                                        Closed-5 $275,000-$355,000

Sycamore-New 14 $109,900-$459,000                                            Closed-4 $115,000-$292,400

West Chicago-New 10 $240,000-$589,900                                      Closed-8 $204,900-$557,000

Yorkville-New 17 $215,000-$549,900                                              Closed-7 $225,000-$390,000

Contracts accepted this week

Fox Valley Market Update July 13 2019-Contracts accepted this week

Contracts accepted this week were down.  252 this week compared to 295 the week before.  This should pick up with all the new listings that came on the market this week.

Look at the contracts accepted for 2019 by the month so far:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • July-547 so far

                  7,552 Total

Take a look at the communities seller’s accepted the most contracts this week:

Aurora-40                                                               Bolingbrook-25                                                 Montgomery-10

Napervilee-33                                                          Oswego-15                                                        Plainfield-27

St Charles/Campton Hills-22                                   Yorkville-10

Short sales were slightly up this week. 4 this week compared to 2 the week before.  This continues to be good news!  This week there were 2 in Aurora and 1 each in Naperville and Winfield.

Contracts were accepted by seller’s that are contingent on the buyer’s closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 10 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer’s selling and closing on their current home before purchasing.  1 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us with your real estate questions at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  We are keeping an eye on the market. Our goal is to negotiate price and terms that are best whether buying or selling a home.

We will tell you what you need to do to get your home market ready.  Explain the process.  Provide you with a net proceeds that shows you the expenses to sell.

If you are thinking about purchasing you will need to get pre-qualified with a loan officer.  It matters who you use.  If you need recommendations of loan officers we will recommend a few so you can decide who to use.  We will guide you through the process.  

Resources to check out:

Fox Valley market update July 13, 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out a different way to search for a home.  Sign up for free!  It has a chat feature that you can reach us to let us know you want to see something or have a question.  If you click on the satellite view you can see how a home sits on the property.  Does it have a back yard.  Is it on a corner lot.  What else is for sale in the neighborhood and the prices.  How far away is shopping and entertainment.  Let us know what you think!

Fox Valley market update July 13 2019-Satellite view

 

Fox Valley Market Update July 6 2019

Fox Valley Market Update July 6 2019

Fox Valley market update July 6 2019.  New listings of single family homes was way down this week.  287 new listings this week compared to 365 the week before.  It is a holiday week so this is to be expected.  Things will get back to normal next week.

2019 new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June-1,643
  • July so far-287

                           9,169 Total

Closed single family homes this week were also down.  236 closed this week compared to 330 the week before.  This is also to be expected on a shorter week because of holiday and because it is the beginning of the month.  Most buyer’s want to close at the end of the month.

Closed single family homes by the month for 2019:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June-1,253
  • July so far-236

                           5,457 Total

Take a look at the activity this week of single family homes:

Aurora-New 44 $79,000-$644,800                                          Closed-36 $90,000-$419,900

Bolingbrook-New 24 $119,900-$414,900                               Closed-14 $154,000-$399,900

Geneva-New 13 $339,900-$795,000                                      Closed-7 $200,000-$665,000

Montgomery-New 12 $161,000-$285,900                             Closed-19 $158,067-$320,000

Naperville-New 50 $215,000-$2,199,000                              Closed-40 $190,000-$1,075,000

Oswego-New 11 $149,900-$849,000                                    Closed-13 $197,000-$379,000

Plainfield-New 39 $189,800-$675,000                                  Closed-27 $138,000-$424,900

St Charles/Campton Hills-New 22 $139,900-$1,499,000      Closed-22 $145,000-$588,000

Yorkville-New 15 $249,000-$449,900                                   Closed-5 $239,990-$405,000

Contracts accepted this week

Fox Valley Market Update July 6 2019-Contracts accepted this week

Contracts accepted this week of single family homes was slightly up.  295 this week compared to 272 the week before.  That is a good thing with a short week.  Next week should be even better.

Look at the totals of contracts accepted for 2019 by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June-1,218
  • July so far-295

                           7,300 total

So far May is the month with the most activity all around.  New listings, closed homes and contracts accepted.  Not all contracts accepted end up closing. Some come back on the market after the home inspection that might have an issue the buyer and seller can not negotiate a resolution to the issue.  Other ones the financing might not get approved.  The majority of them do close though.

Just under 60% of the new listings that came on the market have closed.  Slightly under 80% have gone under contract.  The other 20% either need to make improvements, lower price or both.  If you are not getting showings or they have slowed down you need to rethink price and condition.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-41                                        Bolingbrook-24                                        Geneva-11

Naperville-49                                   North Aurora-13                                       Oswego-16

Plainfield-42                                   St Charles/Campton Hills-30                      Yorkville-11

Short sales accepted by seller’s this week were also down.  2 this week compared to 5 the week before. 1 each in Plano and Yorkville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing.  8 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s 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.

Contact us

Give a call to answer all of your real estate questions at 630-503-6555.  Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

Resources to check out:

Fox Valley market update July 6 2019.  Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search for a home.  Click on the satellite view and you can see how the home sits on the lot and what is also for sale in that neighborhood.  Let us know what you think!

 

 

Fox Valley Market Update June 22 2019

Fox Valley Market Update June 22 2019

Fox Valley market update June 22 2019..  New listings of single family homes in the Fox Valley area were slightly higher this week.  444 this week compared to 433 the week before.

2019 look at new listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-1,278
  • Total-8,517

One more week to go in June and it looks like we will not come close to May’s totals for new listings.  That is not good for buyer’s that are still trying to find a home.

Closed homes this week were slightly higher.  303 this week compared to 294 the week before.  Next week should be very busy for closings.

Closings in 2019 so far of single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-923
  • Total-4,891

A little over 57% of the 8,517 new listings have sold and closed so far far this year.

Take a look at the activity this week in the Fox Valley:

Aurora-New 51 $119,900-$639,900                                                         Closed-34 $125,000-$500,000

Batavia-New 16 $185,000-$629,900                                                        Closed-8 $203,000-$464,000

Bolingbrook-New 27 $129,900-$595,900                                                Closed-25 $98,175-$405,500

Geneva-New 22 $242,000-$1,295,000                                                    Closed-22 $155,000-$751,000

Montgomery-New 22 $125,000-$330,455                                               Closed-11 $86,793-$370,056

Naperville-New 102 $174,900-$1,790,000                                              Closed-52 $202,500-$1,020,000

North Aurora-New 13 $195,000-$430,000                                              Closed-8 $197,500-$368,500

Oswego-New 26 $199,900-$429,900                                                       Closed-12 $165,000-$370,000

Plainfield-New 38 $172,000-$494,000                                                     Closed-31 $182,000-$595,000

St Charles/Campton Hills-New 36 $109,800-$1,275,000                         Closed-29 $150,000-$774,900

West Chicago-New 13 $114,900-$485,000                                              Closed-8 $165,000-$432,500

Winfield-New 10 $282,900-$799,000                                                      Closed-5 $300,000-$475,000

Yorkville-New 19 $213,000-$1,100,000                                                   Closed-7 $174,000-$375,000

Contracts accepted this week

Fox Valley Market Update June 22 2019-Contracts accepted this week

Contracts accepted of single family homes this week were slightly down.  293 this week compared to 317 last week.

Contracts accepted of single family homes so far in 2019:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-946
  • Total-6,733

That total shows you that about 79% of the homes listed this year have gone under contract.  Not all of them have closed. Some have been put back on the market because of buyer not able to get financing or some other reason.  Some of that total have gone under contract and reactivated and gone under contract again.  Closed totals are the most important.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-45                                                      Batavia-14                                              Bolingbrook-18

Geneva-12                                                     Montgomery-11                                      Naperville-50

Oswego-12                                                    Plainfield-38                                            St Charles/Campton Hills-23

Yorkville-16

Short sales accepted this week by seller’s doubled from last week.  5 this week compared to 2 the week before.  Still very low.  There were 1 each in Montgomery, Plainfield and Sandwich.  2 in Oswego this week.

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home before purchasing.  12 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer selling and closing before they can purchase.  1 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555.  Jerffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether you are selling, buying or both.

Thinking about selling?  We will update the value of your home in today’s market and provide you with a net proceeds that will show you the expenses to sell your home so you know where you are at.

If you are thinking about purchasing your first step is to contact a loan officer to get pre-qualified so you know the type of loan and what price range will work for you.

We will guide your through the process of selling or purchasing.  We can make a few recommendations of loan officers, real estate attorneys and inspectors if you don’t know any already.  You can choose who you think will workout best for you.

Check out these resources:

Fox Valley market update June 22 2019.  Have a great week! Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com or Kristineheiman@besthomesfv.com

You can also check out a different way to search for a home.  Click on satellite view and you can see how the home is situated on the lot.  It will show you if it is a corner lot, does it have a backyard and is it fenced in,  Is there anything else for sale in the neighborhood.