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-1,182

          Total-7,432

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-7,288

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-11,371

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-7,067

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.

 

Fox Valley Market Update June 8 2019

Fox Valley Market Update June 8 2019

Fox Valley market update June 8 2019.  New listings of single family homes were up this week!  401 this week compared to 359 the week before.  Good news for buyer’s that are out there trying to find a home.

2019 new listings of single family homes month by month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May-2,004
  • June so far-401

Closed single family homes were also up.  326 this week compared to 296 the week before.  That is surprising for the beginning of the month.  Most buyer’s want to close at the end of the month.  

Closed single family homes 2019 month by month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,391
  • June so far-326

So far May is the busiest month for both new listings and closed single family homes.

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

Aurora-New 43 $89,900-$539,900                                              Closed-44 $115,000-$706,000

Batavia-New 14 $269,250-$799,900                                           Closed-12 $228,000-$464,000

Bolingbrook-New 24 $159,999-$575,000                                   Closed-28 $149,000-$400,000

Geneva-New 26 $225,000-$1,599,000                                        Closed-13 $250,000-$598,500

Montgomery-New 14 $135,076-$325,000                                   Closed-10 $210,000-$300,000

Naperville-New 72 $259,900-$2,550,000                                    Closed-62 $255,000-$1,262,000

North Aurora-New 12 $245,000-$499,900                                 Closed-5 $205,000-$342,700

Oswego-New 18 $209,000-$659,000                                          Closed-22 $135,000-$492,500

Plainfield-New 39 $174,900-$599,900                                        Closed-44 $169,900-$517,000

St Charles/Campton Hills-New 36 $149,900-$775,000               Closed-19 $167,000-$995,000

West Chicago-New 16 $150,000-$1,200,000                              Closed-6 $141,000-$570,000

Yorkville-New 13 $229,900-$425,000                                          Closed-18 $215,000-$515,000

Contracts accepted this week

Fox Valley Market Update June 8 2019-Contracts accepted this week

Contracts on single family homes were up this week.  336 this week compared to 285 the week before.  This next week should be good as well with all the new listings.

Contracts accepted 2019 month by month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665
  • June so far-336

These numbers, even though we do not know if they will all close, give you an idea of closings to come.  It shows you which months are more active with buyer’s out there ready to buy.

Communities this week that seller’s accepted the most contracts:

Aurora-44                                Batavia-11                          Bolingbrook-28                              Geneva-10

Montgomery-17                       Naperville-61                      Oswego-14                                     Plainfield-44

St Charles/Campton Hills-26   West Chicago-11                 Yorkville-10

There was only 1 short sales accepted by a seller this week and it was in Plainfield.  Last week there were 2.  We are happy to see these numbers remain low.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 4 with 24 hours.

Contact us

We are keeping and eye on the market.  Call us with any questions you have 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 selling or buying a home.

Resources to check out:

We want to explain the process to you so you feel comfortable with your decisions.  We guide you through the process.

Fox Valley market update June 8 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

Check out another way to search for a home.  You can click on the satellite view and see if the home you want to see is on a corner lot, has a fenced in back yard or what else if for sale near by. 

Fox Valley Market Update June 1 2019

Fox Valley Market Update June 1 2019

Fox Valley market update June 1 2019.  New listings of single family homes were down this week.  359 this week compared to 402 the week before.  Holidays do have an impact.  It was a shorter week with Memorial Day on Monday this last week.  Most schools are now out so things will 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

Closings this week of single family homes were up this week.  296 this week compared to 236 the week before.  End of the month is when most buyer’s want to close.

Closings of single family homes in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May-1,095

May has turned out to be the best month so far for new listings and the amount of closings in the Fox Valley.  We are looking forward to starting a new month!

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

Aurora-New 38 $130,000-$925,900                                          Closed-38 $78,000-$420,000

Batavia-New 18 $215,000-$599,000                                         Closed-8 $249,900-$630,000

Bolingbrook-New 25 $175,000-$529,000                                 Closed-16 $161,000-$586,000

Geneva-New 14 $299,000-$949,900                                        Closed-10 $181,000-$2,100,000

Montgomery-New 14 $179,900-$325,000                               Closed-20 $141,000-$303,000

Naperville-New 77 $310,000-$999,000                                    Closed-50 $241,000-$2,374,029

Oswego-New 15 $192,000-$944,000                                       Closed-15 $100,000-$940,001

Plainfield-New 40 $194,999-$620,000                                     Closed-30 $148,000-$425,000

St Charles/Campton Hills-New 32 $185,000-$1,095,000         Closed-23 $180,000-$774,000

West Chicago-New 11 $209,900-$699,900                              Closed-10 $179,900-$420,000

Yorkville-New 13 $223,000-$549,900                                       Closed-12 $156,000-$485,000

Contracts accepted this week

Fox Valley Market Update June 1 2019-Contracts accepted this week

Contracts accepted of single family homes this week were down.  285 this week compared to 333 the week before.  Now that the holiday is over things should get back to normal.

2019 contracts accepted of single family homes by the month:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May-1,665

The end of June and into July should have a good number of closings.  May is the best month so far for activity in the Fox Valley.

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

Aurora-39                          Bolingbrook-23                        Montgomery-15                                   Naperville-50

Oswego-23                        Plainfield-37                             St Charles/Campton Hills-25

Accepted contracts on short sales of single family homes was also down.  2 this week compared to 4 the week before.  There was 1 each in Montgomery and Naperville.

Contracts were accepted on homes that are contingent on the buyer closing on their current home.  9 with a kick-out clause of 72 hours, 19 with 48 hours and 5 with 24 hours.

Seller’s also accepted contracts on homes that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contact us

Call us 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.

Now that school is out it is a great time to get your home on the market.  Hopefully we are coming to the end of all the rain we have been having so you can get your yard and flower beds in shape to welcome buyers.

Resources to check out:

Fox Valley market update June 1 2019.  Have a great week!  Let us know what questions you have.

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

Try a different way of searching.  Click on the satellite view so you can see if the home has a yard, is on a corner lot or any other homes for sale there and how much. 

Fox Valley Market Update May 25 2019

Fox Valley Market Update May 25 2019

Fox Valley market update May 25 2019.  New listings of single family homes were slightly lower this week.  402 this week compared to 438 the week before.

2019 New listings of single family homes by the month:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-1,645

We have 1 more week to go.  This is a holiday weekend so we will see how this week goes.  Sometimes holidays are slower and others see more activity.

Closed listings of single family homes were also slightly lower.  236 this week compared to 246 the week before.

Closed single family homes so far in 2019 by the month:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-1,095

May is showing the most closings of single family homes so far.  Next week will bring these numbers up even more with the end of the month when most Buyers want to close.

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

Aurora-New 41 $160,000-$620,000                                                        Closed-28 $63,000-$540,000

Batavia-New 15 $259,900-$635,000                                                       Closed-5 $255,000-$603,500

Bolingbrook-New 26 $189,900-$766,000                                               Closed-11 $186,000-$515,000

Geneva-New 19 $239,000-$949,900                                                      Closed-5 $345,000-$770,000

Hinckley-New 10 $189,900-$394,000

Naperville-New 91 $290,000-$1,699,000                                               Closed-46 $285,500-$1,300,000

North Aurora-New 10 $165,000-$398,500                                            Closed-8 $157,000-$395,000

Oswego-New 22 $199,900-$399,900                                                     Closed-16 $163,999-$425,000

Plainfield-New 51 $179,900-$925,000                                                   Closed-38 $102,000-$640,000

St Charles/Campton HIlls-New 27 $224,900-$1,150,000                       Closed-19 $127,500-$740,000

Sycamore-New 10 $128,000-$304,000                                                  Closed-7 $159,900-$339,000

West Chicago-New 3 $119,900-$684,753                                               Closed-8 $118,000-$505,000

Yorkville-New 14 $195,000-$415,000                                                     Closed-6 $255,000-$410,000

Contracts accepted this week

Fox Valley Market Update May 25 2019-Contracts accepted this week

Contracts accepted this week of single family homes was slightly up this week.  337 this week compared to 307 the week before.

2019 look by the month of accepted contracts:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-1,380

This gives you an idea of closings to come.  March contracts accepted shows you why May closings are up.  This month’s closings will probably close the end of June or in July.  May is already above the other months and we still have a week to go.

Take a look at the communities this week that Sellers accepted the most contracts:

Aurora-46                           Batavia-13                                     Bolingbrook-33                                  Elburn-14

Geneva-15                          Montgomery-11                             Naperville-51                                      Oswego-14

Plainfield-38                      St Charles/Campton Hills-28           West Chicago-10                                 Yorkville-12

Short sales accepted of single family homes by Sellers doubled this week.  4 this week compared to 2 the week before.  These are still lownumbers.  There was 1 each in Batavia, Bolingbrook, Plainfield & St Charles/Campton Hills.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home.  12 with a kick-out clause of 72 hours, 17 with 48 hours and 4 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 5 also with 48 hours.

Contact us

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

Resources to check out:

Fox Valley market update May 25 2019.  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

Check out this different way of searching that you can see where in the neighborhood the home is. Is it on a corner, does it have a back yard or is there anything else for sale and how much. Let us know what you think!

Fox Valley Market Update May 11 2019

Fox Valley Market Update May 11 2019

Fox Valley market update May 11 2019.  New single family homes listed this week are very consistent.  402 this week compared to 403 the week before.,  You can’t get more consistent than that! Spring market continues to be strong.

Year to date by the month of new listings of single family homes:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-805

Closed listings of single family homes this week were lower than last week.  212 this week compared to 301 the week before.  We are in the beginning of the month so this is to be expected.  Closed listings will increase as we head to the end of the month.

Year to date by the month of closed listings of single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-513

Take a look at the activity this week:

Aurora-New 48 $121,900-$995,000                                                Closed-36 $59,500-$433,000

Batavia-New 10 $229,000-$529,000                                               Closed-5 $165,000-$575,000

Bolingbrook-New 38 $137,900-$599,900                                        Closed-14 $136,500-$401,000

Geneva-New 23 $190,500-$1,299,000                                            Closed-3 $220,000-$320,000

Montgomery-New 25 $157,000-$320,400                                       Closed-5 $220,000-$297,000

Naperville-New 90 $244,000-$2,995,000                                        Closed-41 $130,000-$960,000

Oswego-New 19 $174,000-$549,900                                              Closed-13 $180,000-$416,903

Plainfield-New $40 $151,000-$549,900                                          Closed-27 $150,000-$727,000

Plano-New 10 $155,000-$316,000                                                  Closed-4 $68,700-$244,000

St Charles/Campton Hills-New 35 $199,000-$1,349,000                Closed-16 $167,000-$772,000

West Chicago-New 10 $224,900-$400,000                                      Closed-6 $110,000-$540,000

Yorkville-New 13 $239,000-$364,900                                              Closed-6 $209,500-$335,000

Contract accepted this week

Fox Valley Market Update May 11 2019-Contracts accepted this week

Contracts accepted this week were slightly off of the week before. 302 this week compared to 338 the week before.   It was another rainy week.  I don’t know if that contributed to it but we are tired of the rain.  Next week it looks like only Wednesday will be raining,  It is a good time to look at homes when it is raining though to see if there are any leaks or water in basements.  So rain sometimes is a good time to look at homes.

Here are the communities that Sellers accepted the most contracts this week:

Aurora-35                                 Batavia-17                         Bolingbrook-23                          Geneva-12

Montgomery-12                        Naperville-48                      Oswego-23                                 Plainfield-33

St Charles/ Campton Hills-31   Yorkville-10

Year to date by the month of contracts accepted:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-640

Short sales accepted are staying consistent.  4 this week compared to 3 the week before.  Now they will be submitted to the lender to see if they will also accept as written.  1 each in Bolingbrook, Geneva, St Charles/Campton Hills and West Chicago.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

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

Contact us

Call us 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 selling or buying a home.

Information to check out:

Now is a great time to sell or purchase a home.  Many lenders are coming up with new loan programs and they also help out with down payment so it is good to check with them.  They also help you with bringing up your credit score so you can hopefully get a better interest rate.  Let us know what questions you have.

Fox Valley market update May 11 2019.  Have a great week!

Kristine Heiman-Mananging Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out this search tool.  If you click on the satellite view you can see where a home for sale is within a neighborhood,  if it has a backyard or is fenced in.  You can also see what else is for sale and the prices.  Let us know how you like it. 

 

Fox Valley Market Update May 4 2019

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019.  New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before.  We love a consistent market!  If you can’t find a home in the community you are currently looking in with the price range you need.  Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

  • January-878
  • February-1,032
  • March-1,731
  • April-1,594
  • May so far-403

Closed listings this week were way up.  301 this week compared to 208 the week before.  Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days.  Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

  • January-407
  • February-465
  • March-915
  • April-790
  • May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900                                                     Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000                                                   Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000                                            Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900                                                    Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900                                           Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000                                            Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900                                                  Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900                                                Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000                    Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800                                          Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000                                                  Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000                                                  Closed-12 $187,000-$392,000

Contracts accepted this week

Fox Valley Market Update May 4 2019-Contracts accepted this week

Contracts accepted by Sellers was up slightly this week.  338 this week compared to 311 the week before.  We have had nothing but rain. It has not kept the Buyers away though.  They know that they better look now or they will miss out on a property.  You can’t sit back and wait for a better time.

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

Aurora-45                                Bolingbrook-20                                 Geneva-12                              Montgomery-10

Naperville-58                           North Aurora-14                                Oswego-20                             Plainfield-46

St Charles/Campton Hills-17   Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

  • January-608
  • February-832
  • March-1,375
  • April-1,307
  • May so far-338

So far this year March has been the best month over all.  May is looking like the month to pass up March. We are off to a great start this month.  Don’t sit back and wait.  It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before.   3 both weeks.  Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing.  9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing.  3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

Call us 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 selling or buying a home.

Contact us to update the market value on your home.  We will provide you with a net proceeds that gives you and estimate of expenses to sell.  We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 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

You might want to try this tool  and see if you like it better for your search.  You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood.