Fox Valley home prices June 3rd

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

Fox Valley home prices June 3rd

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 060323 — Stats for week ending June 3rd

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

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

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

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

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

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

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

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

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

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

Almost 71% of homes closed using Conventional financing.

Under contract this week

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

Aurora-19 Naperville-37

Plainfield-22 St Charles-10

1 short sale was accepted by a seller. It was in Naperville. Now it will be submitted to the lender to see if they will also accept.

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

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 231 237 156

Totals 3344 2867 3712

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

Resources

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

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

Contact us

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

Fox Valley home prices June 3rd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

Fox Valley home prices April 8th

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

Fox Valley home prices April 8th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 040823 — Stats for week ending April 8th

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

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

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

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

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

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

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

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

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

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

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