Fox Valley home prices August 19th

Posted on August 19, 2023August 19, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 19th

Fox Valley home prices August 19th. Heat advisory for the week ahead. Back in the 80’s the following week during the day and 60’s at night.

New listings this week are consistent. 181 this week compared to 179 the previous week.

Closed listings are also consistent. 179 this week compared to 176 the previous week.

Aurora-New 30 $180,000-$1,100,000

Closed-27 $150,000-$905,000

Bolingbrook-New 12 $214,900-$600,000

Closed-17 $235,000-$575,000

Naperville-New 31 $339,900-$1,425,000

Closed-34 $316,000-$1,359,000

Oswego-New 11 $300,000-$499,900

Closed-5 $344,444-$1,350,000

Plainfield-New 17 $314,900-$879,900

Closed-17 $305,000-$746,543

St Charles-New 14 $279,000-$1,250,000

Closed-14 $320,000-$829,000

These are the price ranges of the communities with the most activity this week. Other communities had activity. Look at the photo above to see the price ranges of those communities.

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

Median list price this week $429,900, last week $449,900.

Closed median price this week $435,000, last week $449,945.

Stats 081923 — Stats for week ending August 19th

Conventional financing was used to close on 137 homes this week at median price $448,955 with 28 days average market time, last week 136 homes at median price $449,995 with 29 days average market time.

Conv 081923 — Conventional financing used to close for week ending August 19th

Cash was used to close on 19 homes this week at median price $490,000 with 42 days average market time, last week 25 homes at median price $500,000 with 15 days average market time.

Cash 081923 — Cash used to close for week ending August 19th

FHA financing was used to close on 14 homes at median price $322,500 with 19 days average market time, last week 8 homes at median price $367,500 with 39 days average market time.

FHA 081923 — FHA financing used to close for week ending August 19th

VA financing was used to close on 9 homes at median price $489,000 with 12 days average market time, last week 7 homes at median price $419,900 with 49 days average market time.

VA 081923 — VA financing used to close for week ending August 19th

2,000 square feet or more closed on 115 homes at median price $537,000 with 35 days average market time, last week 116 homes at median price $532,500 with 31 days average market time. Minimum price this week $237,100, last week $233,000.

2000 SF or more 081923 — 2,000 SF or more for week ending August 19th

Conventional financing continues to be the way to close in the Fox Valley area.

Under contract this week

Homes that went under contract this week are consistent. 179 this week compared to 186 the previous week.

Aurora-30 Bolingbrook-14

Montgomery-11 Naperville-23

Plainfield-13 St Charles-13

Yorkville-10

2 short sales were accepted by seller’s this week. 1 each in Aurora and Sandwich. Now they will be submitted to the lender to see if they will also accept.

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

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

Homes that went under contract this week had a median price $419,900 with 31 days average market time, last week $419,900 with 36 days average market time.

Under contract stats 081923 — Under contract median price for week ending August 19th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 545 566 559

Totals 5453 5000 5846

At the end of the month we will also show you 2022 and 2021 so you have something to compare to. Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois.

Resources

Click on everything that is underlined and highlighted to take you to the site for the information. Let us know if you are looking for information not listed here. We will be happy to point you in the right direction.

To find out what your home might sell for in this marketrequest a home valuation and we will also provide you with a net proceeds that will show you and estimate of expenses to sell. When an offer comes in we will update it when we know all the terms.

You can sign-up for email alerts so you will receive listings as they hit the market.

Search for a home anytime you like. You can also keep track of what is selling in your neighborhood.

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

Contact us

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

Fox Valley home prices August 19th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices July 8th

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

Fox Valley home prices July 8th

Fox Valley home prices July 8th. We are finally getting some rain. Temperatures for the next couple of weeks will be in the 80’s during the day and mid 60’s at night.

New listings this week are pretty consistent for a holiday week. 175 this week compared to 184 the previous week.

Closed listings are down. 173 this week compared to 258 the previous week.

Aurora- New-27 $225,000-$850,000

Closed-28 $145,000-$680,000

Bolingbrook-New 11 $230,000-$534,900

Closed-11 $255,000-$609,000

Geneva- New 6 $275,000-$799,900

Closed-10 $326,000-$1.275,000

Naperville-New 33 $359,900-$1,365,000

Closed-27 $405,000-$2,210,000

Plainfield-New 27 $175,000-$795,000

Closed-17 $225,000-$1,250,000

St Charles-New 21 $199,900-$1,695,000

Closed-14 $210,000-$1,670,000

Yorkville-New 10 $299,900-$774,900

Closed-12 $235,000-$561,000

Usually when it is a holiday week things are slower.

Click on the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $423,384, last week $439,450.

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

Stats 070823 — Stats for week ending July 8th

Conventional financing was used to close on 137 homes this week at median price $445,000 with 29 days average market time, last week 197 homes at median price $451,000 with 24 days average market time.

Conv 070823 — Conventional financing used to close for week ending July 8th

Cash was used to close on 19 homes this week at median price $442,000 with 12 days average market time, last week 39 homes at median price $445,000 with 26 days average market time.

Cash 070823 — Cash used to close for week ending July 8th

FHA financing used to close on 12 homes this week at median price $328,000 with 4 days average market time, last week 16 homes at median price $302,500 with 33 days average market time.

FHA 070823 — FHA financing used to close for week ending July 8th

VA financing was used to close on 4 homes this week at median price $290,000 with 28 days average market time, last week 5 homes at median price $350,000 with 10 days average market time.

VA 070823 — VA financing used to close for week ending July 8th

2,000 square feet or more closed on 97 homes at median price $515,000 with 32 days average market time, last week 162 homes at median price $542,500 with 29 days average market time. Minimum price this week $284,000, last week $272,000.

2000 SF or more 070823 — 2,000 SF or more closed for week ending July 8th

79% of homes closed using Conventional financing this week.