Fox Valley home prices February 10th

Fox Valley home prices February 10th

Fox Valley home prices February 10th.  Another week with mid 40’s and then we will back to the 30’s during the day.  Not bad for February.

New listings this week are slightly up.  145 this week compared to 138 the previous week.

Closed listings are down significantly.  72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

             Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

          Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

                   Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

                  Closed-10 $353,000-$760,008

19 other communities had activity this week.  Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024
Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024
Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024
Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024
FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024
VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time.  Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024
2000 SF or more closed for week ending February 10th 

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up.  177 this week compared to 142 the previous week.

ox Valley home prices February 10th-Under contract this week

Aurora-19                       Elgin-21

Naperville-24                 Oswego-10

Plainfield-25

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

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

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

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024
Under contract stats for week ending February 10th

2024 by the month

Month                   New   Closed   Under contract

January                  576        523            599

February                145          72             177

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 at 2023 and 2022 so you have something to compare to so you can see how it is going this year.

Contact us

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

All data was downloaded this morning from our MLS, MRED, LLC.  It changes throughout the day.

Info to check out

Fox Valley home prices February 10th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 20th

Fox Valley home prices January 20th

Fox Valley home prices January 20th.  Bright and sunny today with a high of 13 and a low tonight of -14.  Next week we will get into the 30’s.  I can’t wait!

New listings this week are down.  99 this week compared to 128 the previous week.

Closed listing are consistent.  96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

             Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

           Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

                   Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

                  Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges.  Things did not completely stop even with the sub-zero temperatures.

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

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024
Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024
Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024
Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024
FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024
VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time.  Minimum price this week  and also last week $250,000.

2000 SF or more 012024
2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week.  If you do not have cash you need to get approved using Conventional if you want to win.  A pre-approval letter is just not enough right now.  You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down.  121 this week compared to 133 the previous week.

Fox Valley home prices January 20th-Under contract this week

Aurora-14                            Bolingbrook-13

Naperville-13                       Plainfield-15

1 short sale was accepted by a seller this week.  It was in Bolingbrook.  It will now get 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.  1 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.  4 with a kick-out clause of 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024
Under contract stats for week ending January 20th

2024 by the month

Month                   New   Closed    Under contract

January                   319       286             326

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 2023 and 2022 so you have something to compare to.

Contact us 

Call us at 630-502-6555 with all your real estate questions.  Your goal is our goal.

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

Information to check out

Fox Valley home prices January 20th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd.  Mid 50’s the next few days and then dropping to the mid 30’s.  Winter is here but not the temperatures.  I am ok with that.  How about you?  

New listings this week are way down.  38 this week compared to 78 the previous week.

Closed listings are slightly down.  126 this week compared to 138 the previous week.

Everyone is slowing down with the holidays upon us.

Aurora-New 2 $300,000-$549,000

             Closed-13 $171,000-$900,000

Bolingbrook-New 3 $290,000-$510,000

                      Closed-13 $220,000-$450,000

Naperville-New 4 $559,000-$1,950,000

                   Closed-23 $340,000-$1,350,098

Plainfield-New 5 $354,901-$665,000

                  Closed-19 $205,500-$756,723

Take a look at 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 $392,222, last week $425,000.

Closed median price this week $382,500, last week $417,495.

Stats 122323
Stats for week ending December 23rd.

 Conventional financing was used to close on 93 homes this week at median price $412,000 with 46 days average market time, last week 96 homes at median price $439,950 with 36 days average market time.

Conv 122323
Conventional financing used to close for week ending December 23rd.

Cash was used to close on 21 homes at median price $354,000 with 33 days average market time, last week 18 homes at median price $400,500 with 54 days average market time.

Cash 122323
Cash used to close for week ending December 23rd.

FHA financing was used to close on 11 homes this week at median price $318,000 with 22 days average market time, last week 21 homes ate median price $371,000 with 49 days average market time.

FHA 122323
FHA financing used to close for week ending December 23rd.

VA financing was used to close on 1 home this week at $303,750 with 6 days market time, last week 3 homes at median price $289,900 with 33 days average market time.

VA 122323
VA financing used to close for week ending December 23rd.

2,000 SF or more closed on 64 homes at median price $442,500 with 59 days average market time, last week 80 homes at median price $528,500 with 45 days average market time.  Minimum price this week $268,000, last week $315,000.

2000 SF or more 122323
2,000 SF or more for week ending December 23rd.

A little of 73% or people used Conventional financing to close on their home this week.  The trend continues.

Under contract this week

Homes that went under contract this week are up slightly.  97 this week compared to 88 the previous week.

Fox Valley home prices December 23rd-Under contract this week

Aurora-20                         Naperville-15

Plainfield-16

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

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 48 hours.

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

Median price of homes that went under contract this week $375,000 with 63 days average market time, last week $414,950 with 54 days average market time.

Under contract stats 122323
Under contract stats for week ending December 23rd.

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                 869       988           915

September           684       621            623

October                639       568           549

November            601        720           610

December             201        396           320

Totals                  7902      7727         8304

Only 1 more week left of 2023 and I will be sharing 2022 and 2021 so you have it to compare to.  Then on to 2024!

Contact us

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

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

For information on types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request, sign-up for email alerts go here.

Fox Valley home prices December 23rd.  Have an awesome week!  Happy Holidays to you!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley 

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101.

Fox Valley home prices November 25th

Fox Valley home prices November 25th

Fox Valley home prices November 25th.  It is a short holiday week so the numbers are low this week.  

They say it might snow tomorrow with

33 for a high.  It will get to mid 40’s next week.

New listings are down.  67 this week compared to 132 the previous week.

Closed listings are also down.  90 this week compared to 156 the previous week.

Aurora-New 9 $257,000-$360,000

             Closed-17 $131,000-$638,146

Plainfield-New 19 $225,000-$1,075,000

                  Closed-20 $245,000-$1,518,074

Check out the other communities that had activity this week on the photo above.

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

Median list price this week $375,000, last week $400,000

Closed median price this week $387,000, last week $425,000.

Stats 112523
Stats for week ending November 25th.

Conventional financing was used to close on 58 homes this week at median price $387,500 with 30 days average market time, last week 95 homes at median price $445,000 with 24 days average market time.

Conv 112523
Conventional financing used to close for week ending November 25th

Cash was used to close on 14 homes this week at median price $402,500 with 34 days average market time, last week 30 homes at median price $489,000 with 47 days average market time.

Cash 112523
Cash used to close for week ending November 25th

FHA financing was used to close on 11 homes this week at median price $360,000 with 14 days average market time, last week 16 homes at median price $345,000 with 49 days average market time.

FHA 112523
FHA financing used to close for week ending November 25th

VA financing was used to close on 7 homes this week at median price $483,293 with 23 days average market time, last week 11 homes at median price $369,000 with 23 days average market time.

VA 112523
VA financing was used to close for week ending November 25th.

2,000 SF or more closed on 44 homes this week at median price $481,646 with 38 days average market time, last week 91 homes at median price $510,000 with 39 day average market time.  Minimum price this week $301,000, last week $300,000.

2000 SF or more 112523
2,000 SF or more closed for week ending November 25th.

You can see conventional financing continues to be the way to go.

Under contract this week

Fox Valley home prices November 25th-Under contract this week

Homes that went under contract are down.  115 this week compared to 148 the previous week.

It is a short holiday week.

Aurora-16                     Bolingbrook-10

Naperville-18               Plainfield-16

St Charles-12

One short sale was accepted by a seller this week.  It was in St Charles.  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, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $399,900 with 38 days average market time, last week median price $352,500 with 36 days average market time.

Under contract stats 112523
Under contract stats for week ending November 25th.

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              869         988             915

September        684         621              623

October             639         568             549

November         486         567              518

Totals               7586       7178            7892

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 at 2022 and 2021 so you have something to compare to.

Contact us

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

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

To see some great resources go here.  Find information about different types of loans and the process, down payment assistance, VA loans and the requirements, IHDA programs, home valuation and how to sign-up for email alerts.

Fox Valley home prices November 25th.  I hope you had a wonderful Thanksgiving.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 11th

bhfv Cover 050623

Fox Valley home prices November 11th.  It doesn’t look like rain this next week and mid 50’s to lower 60’s.

 New listings this week are up.  155 this week compared to 132 the previous week.

Closed listings are down.  134 this week compared to 187 the previous week.

Fox Valley home prices November 11th

Aurora-New 20 $149,900-$599,900

             Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

                      Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

                   Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

                  Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

                Closed-11 $300,000-$678,724

Other communities had activity this week.  You can see the price ranges in those communities in the photo above.

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

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123
Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123
Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123
Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123
FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123
VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time.  Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123
2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down.  119 this week compared to 136 the previous week.

Fox Valley home prices November 11th-Under contract this week

Aurora-19                      Naperville-24

Plainfield-13

No short sales accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours and 2 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 3 with 48 hours.

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123
Stats under contract for week ending November 11th.

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                   869        988           915

September             684        621            623

October                  639        568           549

November              287        321            255

Totals                   7387      6932          7629

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 it to.

Houses sell throughout the year in every month.

Resources

Click on anything that is bold and underlined to take you to the site for the information.

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

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 November 11th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101 

Fox Valley home prices November 4th

bhfv Cover 050623

Fox Valley home prices November 4th.  Fall weather continues.  It should be in the mid 50’s for the next couple of weeks.

New listings are down.  132 this week compared to 155 the previous week.

Closed listings are up.  187 this week compared to 149 the previous week.

Fox Valley home prices November 4th

Aurora-New 16 $165,000-$599,999

             Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

                   Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

               Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

                  Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

                  Closed-10 $231,000-$749,900

Other communities had activity this week.  Click on the photo above to see the price ranges in those communities.

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

Median list price this week $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423
Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423
Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423
Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423
FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423
VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time.  Minimum price this week $280,000, last week $189,900.  Condition and features is the difference in price.

2000 SF or more 110423
2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this weekAurora-22                        Bolingbrook-10

Naperville-23                  Plainfield-21

St Charles-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours and 4 with 48 hours.

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

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423
Median price of homes under contract for week ending November 4th

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                  869       988          915

September            684        621          623

October                 639        568         549

November              132        187          136

Totals                   7232     6798         7510

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 also take a look back at 2022 and 2021 so you have something to compared to.

Resources

Click on everything that is bold and underlined to take you to the site for the information.

Check with your loan officer to see what programs they offer and if you can combine some programs.

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 November 4th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 14th

bhfv Cover 050623

Fox Valley home prices October 14th.  No Indian summer in sight.  Mostly mid 50’s and a lot of rain.

New listings are down.  128 this week compared to 191 the previous week.

 Closed listings are also down.  115 this week compared to 152 the previous week.

Fox Valley home prices October 14th

Aurora -New 20 $169,900-$890,000

              Closed-16 $181,000-$660,000

Batavia-New 10 $275,000-$899,900

               Closed-4 $330,000-$775,000

Naperville-New 13 $450,000-$2,895,000

                   Closed-22 $333,000-$2,035,000

Plainfield-New 14 $299,900-$689,900

                  Closed-17 $280,000-$1,006,901

St Charles-New 10 $299,000-$1,799,000

                  Closed-6 $185,000-$1,030,000

Other communities had activity this week.  Look at the photo above to see the price ranges in those communities.

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

Median list price this week $395,000, last week $409,900

Closed median price this week $385,000, last week $394,950.

Stats 101423
Stats for week ending October 14th

Conventional financing used to close this week on 87 homes at median price $390,000 with 31 days average market time, last week 108 homes at median price $403,750 with 26 days average market time.

Conv 101423
Conventional financing for the week ending October 14th

Cash was used to close on 18 homes this week at median price $377,500 with 37 days average market time, last week 17 homes at median price $415,000 with 26 days average market time.

Cash 101423
Cash used to close for week ending October 14th

FHA financing used to close on 6 homes this week at median price $374,500 with 25 days average market time, last week 19 homes at median price $305000 with 25 days average market time.

FHA 101423
FHA financing used to close for week ending October 14th

VA financing used to close on 4 homes this week at median price $370,000 with 19 days average market time, last week 6 homes at median price $473,530 with 14 days average market tine.

VA 101423
VA financing used to close on October 14th

2,000 SF or more closed on 55 homes at median price $545,000 with 42 days average market time, last week 90 homes at median price $472,500 with 29 days average market time. Minimum price this week $310,000, last week $235,000.

2000 SF or more 101423
2000 SF or more for week ending October 14th

Conventional financing continues to be the choice for seller’s to accept.  We need to start looking for assumable mortgages for the lower interest rates.  It might get some people moving if they knew they did not have to accept these higher rates.  Yes, you can refinance, but by assuming a mortgage with a low rate you would not have to refinance at a later date.

Under contract this week

Homes under contract this week are down.  136 this week compared to 156 the previous week.

Fox Valley home prices October 14th-Under contract this week

Aurora-26                          Naperville-25

Plainfield-25                     St Charles-10

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

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

Median price of homes under contract this week $389,950 with 37 days average market time, last week $399,900 with 41 days average market time.

Under contract 101423
Under contract stats for week ending October 14th

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                869       988          915

September          684       621           623

October               319       267           292

Totals                6780     6310          7117

Things are starting to slow down as we head to the holidays.  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 it to.

Resources to check out

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

If you are looking for a loan officer, real estate attorney, or a home inspector we can recommend a few that we have successfully worked with.

All data provided today is downloaded 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 October 14th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Home Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

 

Fox Valley home prices October 7th

bhfv Cover 050623 Fox Valley home prices October 7th.  Temperatures have certainly changed since we changed to the fall season.  50’s for a high and  we have seen some mid 30’s for a low.

 New listings this week are up.  191 this week compared to 159 the previous week.

Closed listings are down.  152 this week compared to 205 the previous week.

ox Valley price ranges October 7th

Aurora-New 34 $130,000-$653,000

             Closed-25 $180,000-$560,000

Bolingbrook-New 10 $264,900-$589,999

                      Closed-17 $185,570-$585,000

Naperville-New 33 $399,000-$2,499,000

                   Closed-17 $372,500-$1,330,000

Oswego-New 8 $319,900-$899,000

                Closed-10 $315,000-$565,000

Plainfield-New 36 $245,000-$849,900

                  Closed-13  $220,000-$790,000

St Charles-New 9 $319,900-$711,900

                   Closed-10 $327,500-$1,050,000

Yorkville-New 5 $374,990-$575,000

                Closed-12 $294,000-$535,000

Other communities had activity.  Look at the photo above to see what price ranges are in those communities.

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

Median list price this week $409,900, last week $414, 520.

Median closed price this week $394,950, last week $405,000

Stats 100723
Stats for week ending October 7th

Conventional financing was used to close on 108 homes this week at median price $403, 750 with 26 days average market time, last week 150 homes at median price $410,000 with 32 days average market time.

Conv 100723
Conventional financing used to close for week ending October 7th

Cash was used to close on 17 homes at median price $415,000 with 26 days average market time, last week 28 homes at median price $414,950 with 30 days average market time.

Cash 100723
Cash used to close for week ending October 7th

FHA financing was used to close on 19 homes this week at median price $305,000 with 23 days average market time, last week 16 homes at median price $322,495 with 33 days average market time.

FHA 100723
FHA financing used to close for week ending October 7th

VA financing was used to close on 6 homes at median price $473,530 with 14 days average market time, last week 8 homes at median price $467,450 with 21 days average market time.

VA 100723
VA financing used to close for week ending October 7th

2,000 SF or more closed on 90 homes this week at median price $472,500 with 29 days average market time, last week 114 homes at median price $517,495 with 21 days average market time.  Minimum price this week $235,000, last week $290,000.

2000 SF or more 100723
2,000 SF or more for week ending October 7th

Conventional financing you can see is still the most used to close on a home.  Will we start talking about assuming mortgages if the interest rates keep going up?

Under contract this week

Homes that went under contract this week are down.  156 this week compared to 170 the previous week.

Fox Valley home prices October 7th-Under contract this week

Aurora-18                      Naperville-22

Plainfield-27                 St Charles-11

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

A seller accepted a contract that is contingent on the buyer closing on their current home.  1 with a kick-out clause of 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, 5 with 48 hours, and 1 with 24 hours.

Under contract median price this week $399,900 with 41 days average market time, last week $411,950 with 42 days average market time.

Under contract stats 100723
Under contract stats for week ending October 7th

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              869        988           915

September        684        621            623

October             191         152            156

Totals              6652       6195         6981

We normally post this every Saturday.  Occasionally we get too busy and post as soon as we can.  We did download all data on Saturday though.  All data comes from our MLS, MRED, LLC.

At the end of each month we will also take a look at the previous 2 years 2022 and 2021 so you have something to compare to.

Resources

Please click on each bold and underlined post to take you to the information.

If you are looking for any other information that is not listed let us know at besthomesfv@gmail.com and we will point you in the right direction.

Contact us

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

We can give you a few loan officers to contact, real estate attorneys and home inspectors.  Of course, if you already know someone that is great!

Fox Valley home prices October 7th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 30th

bhfv Cover 050623

Fox Valley home prices September 30th.  This might be our last week in the 80’s for this year.  We head to the mid 50’s next week for a high.

New listings are consistent.  159 this week compared to 162 the previous week.

Closed listings are up.  205 this week compared to 144 the previous week.

Fox Valley home prices September 30th

Aurora-New 26 $175,000-$535,000

             Closed-35 $126,500-$710,000

Bolingbrook-New 4 $272,900-$1,174,900

                      Closed-16 $190,000-$780,000

Naperville-New 24 $399,999-$1,635,000

                   Closed-29 $339,900-$1,150,000

Oswego-New 6 $375,000-$569,900

               Closed-10 $300,000-$700,000

Plainfield-New 31 $289,900-$789,900

                  Closed-29 $185,000-$790,000

St Charles-New 10 $270,000-$2,650,000

                  Closed-15 $205,000-$840,500

Yorkville-New 2 $234,500-$350,000

                Closed-10 $205,000-$512,500

Other communities had activity this week.  Check with the photo above to see those communities and their price ranges.

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

Median list price this week $414,520, last week $419,995.

Closed median price this week $405,000, last week $427,000.

Stats 093023
Stats for week ending September 30th

Conventional financing was used to close on 150 homes this week at median price $410,000 with 32 days average market time, last week 103 homes at median price $460,000 with 20 days average market time.

Conv 093023
Conventional financing used to close for week ending September 30th

Cash was used to close on 28 homes this week at median price $414,950 with 30 days average market time, last week 22 homes at median price $452,500 with 40 days average market time.

Cash 093023
Cash was used to close for week ending September 30th

FHA financing was used to close on 16 homes this week at median price $322,495 with 33 days average market time, last week 15 homes at median price $345,000 with 42 days average market time.

FHA 093023
FHA financing used to close for week ending September 30th

VA financing was used to close on 8 homes at median price $467,450 with 21 days average market time, last week 4 homes at median price $295,000 with 34 days average market time.

VA 093023
VA financing used to close for week ending September 30th

2,000 sf or more closed on 114 homes this week at median price $517, 495 with 31 days average market time, last week 88 homes at median price $510,500 with 25 days average market time.  Minimum price this week $290,000, last week $235,000.

2000 SF or more 093023
2000 SF or more for week ending September 30th

73% of homes this week used Conventional financing to close.  More homes closed using cash than FHA financing.  You might be able to buy more using FHA but if you can’t get it accepted it doesn’t help much.

Under contract this week

Homes that went under contract this week are up.  170 this week compared to 143 the previous week.

Fox Valley home prices September 30th-Under contract this week

Aurora-30                           Bolingbrook-10

Naperville-34                     Plainfield-23

St Charles-16   

1 short sale was accepted by a seller this week.  It was in Geneva.  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 48 hours and 1 with 24 hours.

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

Median price of homes that went under contract this week $411,950 with 42 days average market time, last week $399,900 with 31 days average market time.

Under contract stats 093023
Under contract stats for week ending September 30th

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

2023

Month                  New   Closed   Under contract

January                 483        326                470

February               630        526                789

March                    555        558                726 

April                      710         617                755

May                       735        603                816

June                     1030       1059                926

July                        765         745                805

August                  869        988                915

September            684        621                 623

Totals                   6461      6043               6825

2022

January                 422        492                 623

February               523        520                 724

March                    734        904                890

April                     1168        966               1334

May                      1101        893                 806

June                      1295      1409                1234

July                        955        932                  908

August                  1019       1134                1062

September              730        733                 698

Totals                    7947      7983               8279

2021

January                   543       649                 829

February                 561        604                 778

March                     993       1099               1455

April                      1006        926                1387

May                       1088       1288               1289

June                        1450       1686               1671

July                         1118        1182                1210

August                    1101       1203                1170

September             1083        1411                 1251

Totals                    8943     10048               11040

Everything decreased yearly.  That is why the prices keep rising.

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

Resources

Click on everything that is bold and underlined to take you to the site for the information.   Let us know if you are looking for any other information.  We will point you in the right direction.

All data provided 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 September 30th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 23rd

bhfv Cover 050623

Fox Valley home prices September 23rd.   Happy 1st day of Fall!.  Today it will be 80 but after that the temps decline.  Next week we will have 60’s for highs.

New listings this week are way down.  162 this week compared to 205 the previous week.

Closed listings are consistent.  144 this week compared to 137 the previous week.

Fox Valley home prices September 23rd

Aurora-New 26 $199,900-$620,000

             Closed-32 $142,550-$835,000

Bolingbrook-New 8 $339,900-$625,000

                      Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

                   Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

               Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

                  Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

                  Closed-15 $310,000-$1,400,000

Other communities had activity this week.  Look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323
Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323
Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323
Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323
FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323
VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time.  Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323
2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly.  143 this week compared to 152 the previous week.

Fox Valley home prices September 23rd-Under contract this week

Aurora-22                       Bolingbrook-12

Naperville-18                  Plainfield-20

St Charles-10                   Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323
Under contract stats for week ending September 23rd

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                 869       988          915

September           525        416          453

Totals                 6302     5838         6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

If there is any other information that you are looking for let us know and we will point you in the right direction.

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 September 23rd.  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