Fox Valley home prices May 25th

Fox Valley home prices May 25th

Fox Valley home prices May 25th.  We were late by a day last week so we are looking at the last 6 days this week.  Temperatures will be in the 70’s this week with more storms.

New listings this week are down.  193 this week compared to 255 the previous week.

Closed listings are also down.  188 this week compared to 207 the previous week.

Aurora-New 27 $185,000-$1,000,000

             Closed-21 $170,000-$610,613

Bolingbrook-New 14 $275,000-$750,000

                      Closed-10 $245,000-$760,000

Elgin-New 19 $169,900-$739,505

          Closed-15 $219,500-$618,750

Geneva-New 8 $329,900-$3,500,000

              Closed-11 $395,000-$785,000

Naperville-New 32 $395,000-$1,595,000

                  Closed-27 $395,000-$1,205,000

Plainfield-New 16 $250,000-$625,000

                 Closed-20 $275,000-$640,000

St Charles-New 8 $250,000-$1,275,000

                  Closed-11 $480,000-$3,600,000

Other communities had activity this week.  We just highlighted the ones with the most activity.  Look at photo above for the price ranges in those other areas.

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

Median list price this week $455,000, last week $462,945.

Closed median price this week $464,950, last week $428,000.

Stats 052524
Stats for week ending May 25th

Conventional financing was used to close on 138 homes this week at median price $486,500 with 22 days average market time, last week 149 homes at median price $439,900 with 31 days average market time.

Conv 052524
Conventional financing used to close for week ending May 25th

Cash was used to close on 38 homes this week at median price $437,500 with 24 days average market time, last week 36 homes at median price $475,000 with 43 days average market time.

Cash 052524
Cash used to close for week ending May 25th

FHA financing was used to close on 10 homes this week at median price $316,000 with 23 days average market time, last week 14 homes at median price $343,445 with 10 days average market time.

FHA 052524
FHA financing used to close for week ending May 25th

VA financing was used to close on 1 home this week at $500,000 with 6 days market time, last week 8 homes at median price $406,750 with 14 days average market time.

VA 052524
VA financing used to close for week ending May 25th

2,000 SF or more closed on 123 homes this week at median price $560,000 with 26 days average market time, last week 122 homes at median price $527,500 with 35 days average market time.  Minimum price this week $270,000, last week $305,000.

2000 SF or more 052524
2,000 SF or more closed for week ending May 25th

The majority of homes closed this week again used Conventional financing.

Under contract this week

Homes that went under contract this week are down slightly.  218 this week compared to 229 the previous week.

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

Aurora-25                            Bolingbrook-11

Elgin-28                               Naperville-34

Oswego-11                           Plainfield-20

St Charles-13

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, 3 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.  1 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

There is 1 that we do not know what it is contingent on or any other information. 

Median price of homes under contract this week $455,000 with 35 days average market time, last week $469,500 with 26 days average market time.

der contract stats 051924
Under contract stats for week ending May 25th 

2024 by the month

Month                 New    Closed   Under contract

January                576        523           599

February              637        416           691

March                   674        612          792

April                     800       688          801

May                      858       809          881

Totals                  3545     3048       3764

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of the month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

Check out some great resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

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

Let us know if you are looking for other information not listed here.

Fox Valley home prices May 25th.  Have an awesome Memorial weekend.  Stay safe!

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 May 19th

Fox Valley home prices May 19th

Fox Valley home prices May 19th.  We are a day late this week.  I was out of town.  Boy, the heat is on.  It sure was a hot weekend.  We should head back to the 70’s after Tuesday.

New listings are up.  255 this week compared to 205 the previous week.

Closed listings are also up.  207 this week compared to 163 the previous week.

Aurora-New 22 $190,000-$899,000

             Closed-26 $160,500-$551,111

Batavia-New 17 $315,000-$760,000

               Closed-6 $305,000-$630,000

Bolingbrook-New 12 $229,900-$649,900

                      Closed-12 $195,000-$665,000

Elgin-New 23 $79,900-$699,900

          Closed-22 $170,000-$800,000

Naperville-New 40 $325,000-$4,345,000

                   Closed-33 $395,000-$1,499,000

Oswego-New 10 $350,000-$565,000

               Closed-18 $299,000-$586,398

Plainfield-New 32 $325,000-$730,000

                  Closed-24 $291,000-$1,042,212

South Elgin-New 11 $249,000-$659,340

                     Closed-6 $405,000-$550,730

St Charles-New 18 $315,000-$1,275,000

                  Closed-10 $295,000-$1,025,000

West Chicago-New 10 $185,000-$1,475,000

                        Closed-3 $355,000-$661,000

Yorkville-New 16 $304,900-$1,490,000

                Closed-7 $290,000-$445,000

Other communities had activity this week.  You can see those in the picture above.  We just highlighted the ones with the most activity.

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

Median list price this week $462,945, last week $474,950.

Closed median price this week $428,000, last week $434,900.

Stats 051924
Stats for week ending May 19th

Conventional financing was used to close on 149 homes this week at median price $439,900 with 31 days average market time, last week 128 homes at median price $469,995 with 29 days average market time.

Conv 051924
Conventional financing used to close for week ending May 19th

Cash was used to close on 36 homes this week at median price $475,000 with 43 days average market time, last week 19 homes at median price $409,000 with 13 days average market time.

Cash 051924
Cash used to close for week ending May 19th

FHA financing was used to close on 14 homes this week at median price $343,445 with 10 days average market time, last week 11 homes at median price $332,000 with 28 days average market time.

FHA 051924
FHA financing used to close for week ending May 19th

VA financing was used to close on 8 homes this week at median price $406,750 with 14 days average market time, last week 5 homes at median price $379,990 with 15 days average market time.

VA 051924
VA financing used to close for week ending May 19th

2,000 SF or more closed on 122 homes this week at median price $527,500 with 35 days average market time, last week 89 homes at median price $529,900 with 37 days average market time.  Minimum price this week $305,000, last week $270,000.

2000 SF or more 051924
2,000 SF or more closed for week ending May 19th

Conventional financing is still the way to go.

Under contract this week

Homes under contract this week are up slightly.  229 this week compared to 211 this week.

Fox Valley home prices May 19th-Under contract this week

Aurora-26                             Bolingbrook-17

Elgin-22                                Geneva-13

Naperville-36                        Oswego-14

Plainfield-27                          St Charles-15

Look at the photo above for other communities that had seller’s accept contracts.

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.  2 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.  6 with a kick-out clause of 48 hours.

Median price of homes under contract this week $469,500 with 26 days average market time, last week $460,000 with 35 days average market time.

2024 by the month

Month            New   Closed   Under contract

January           576        523            599

February         637        416             691

March              674        612             792

April                800        688            801

May                 665        621             663

Totals             3352      2860          3546

Check back with us every Saturday(on our normal day) 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 can compare.

Contact us

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

Check out some of these resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

If you are looking for any other information just let us know.

Fox Valley home prices May 19th.  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 May 11th

Fox Valley home prices May 11th

Fox Valley home prices May 11th.  It is a gorgeous day today and it looks like it will be from low 60’s to 80 for the next week.

New listings this week are the same.  205 this week compared to 205 the previous week.

 Closed listings are way down.  163 this week compared to 251 the previous week.

Aurora-New 21 $190,000-$659,900

             Closed-18 $156,100-$752,864

Bolingbrook-New 12 $315,00-$600,000

                      Closed-11 $230,000-$525,000

Elgin-New 13 $275,000-$975,995

          Closed-22 $255,000-$890,000

Geneva-New 13 $339,900-$949,900

               Closed-4 $255,000-$1,100,000

Naperville-New 36 $349,000-$1,635,600

                   Closed-26 $426,000-$1,275,000

Plainfield-New 33 $314,900-$989,900

                  Closed-13 $300,000-$708,475

St Charles-New 16 $400,000-$3,250,000

                   Closed-8 $275,000-$690,000

To see the other communities that had activity this week look at the photo above.

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

Median list price this week $474,950, last week $454,995.

Closed median price this week $434,900, last week $456,000.

Stats 051124
Stats for week ending May 11th

Conventional financing was used to close on 128 homes this week at median price $469,995 with 29 days average market time, last week 196 homes at median price $475,000 with 27 days average market time.

Conv 051124
Conventional financing used to close for week ending May 11th

Cash was used to close on 19 homes this week at median price $409,000 with 13 days average market time, last week 26 homes at median price $385,750 with 30 days average market time.

Cash 051124
Cash used to close for week ending May 11th

FHA financing was used to close on 11 homes this week at median price $332,000 with 28 days average market time, last week 18 homes at median price $338,000 with 16 days average market time.

FHA 051124
FHA financing used to close for week ending May 11th

VA financing was used to close on 5 homes at median price $379,990 with 15 days average market time, last week 10 homes at median price $414,500 with 24 days average market time.

VA 051124
VA financing used to close for week ending May 11th

2,000 SF or more closed on 89 homes this week at median price $529,900 with 37 days average market time, last week 162 homes at median price $535,250 with 29 days average market time.  Minimum price this week $270,000, last week $210,000.

2000 SF or more 051124
2,000 SF or more closed for week ending May 11th

Conventional financing again continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent.  211 this week compared to 223 the previous week.

ox Valley home prices May 11th-Under contract this week

Aurora-17                          Bolingbrook-14

Elgin-22                             Naperville-32

Oswego-13                        Plainfield-23

St Charles-13

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

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 7 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, 3 with 48 hours, and 1 with 24 hours.

Median price under contract this week $460,000 with 35 days average market time, last week $450,000 with 36 days average market time.

2024 by the month

Month               New   Closed   Under contract

January              576        523           599

February            637        416            691

March                 674        612            792

April                   800        688           801

May                    410         414           434

Totals                3097      2653          3317

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of the month we will also take a look back at 2023 and 2022.

Contact us

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

Check out some great resources.  Click on everything that is bold and underlined and it will take you to the site for the information.

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

Fox Valley home prices May 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 April 27th

Fox Valley home prices April 27th

Fox Valley home prices April 27th.  Stormy and warm today.  It is supposed to be in the 70’s all week.

New listing this week are consistent.  196 this week compared to 208 the previous week.

Closed listings are also consistent.  175 this week compared to 169 the previous week.

Aurora-New 13 $229,900-$750,000

             Closed-18 $180,000-$745,000

Bolingbrook-New 10 $289,000-$874,534

                      Closed-8 $154,241-665,000

Elgin-New 24 $169,900-$1,185,000

          Closed-14 $229,000-$600,990

Naperville-New 38 $270,000-$1,800,000

                   Closed-30 $345,000-$3,700,000

Plainfield-New 21 $315,000-$509,990

                  Closed-25 $280,000-$585,000

St Charles-New $379,000-$1,349,880

                  Closed-9 $316,000-$1,265,000

These are the communities with the most activity this week.  Other communities had activity.  See the price ranges in those communities in the photo above.

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

Median list price this week $469,990, last week $453,990.

Closed median price this week $450,000, last week $442,000.

Stats 042724
Stats for week ending April 27th

Conventional financing was used to close on 130 homes this week at median price $442,495 with 44 days average market time, last week 132 homes at median price $470,000 with 29 days average market time.

Conv 042724
Conventional financing used to close for week ending April 27th

Cash was used to close on 26 homes this week at median price $511,500 with 33 days average market time, last week 29 homes at median price $375,000 with 47 days average market time.

Cash 042724
Cash used to close for week ending April 27th

FHA financing was used to close on 9 homes this week at median price $375,000 with 30 days average market time, last week 4 homes at median price $317,500 with 37 days average market time.

FHA 042724
FHA financing used to close for week ending April 27th

VA financing was used to close on 9 homes this week at median price $435,000 with 24 days average market time, last week 2 homes at median price $452,500 with 7 days average market time.

VA 042724
VA financing used to close for week ending April 27th

2,000 SF or more closed on 114 homes this week at median price $507,500 with 49 days average market time, last week 99 homes at median price $542,500 with 33 days average market time.  Minimum price this week $309,000, last week $120,000.

2000 SF or more 042724
2,000 SF or more homes closed for week ending April 27th

Conventional financing continues to be the most used way to close.

Under contract this week

Homes that went under contract this week are slightly down.  196 this week compared to 217 the previous week.

Fox Valley home prices April 27th-Under contract this week

Aurora-21                          Bolingbrook-16

Elgin-19                             Geneva-10

Naperville-31                     Plainfield-37

1 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 accepte.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 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 and 1 with 48 hours.

Median price of home that went under contract this week $457,500 with 32 days average market time, last week $449,990 with 36 days average market time.

Under contract stats 042724
Under contract stats for week ending April 27th

2024 by the month and a look back at 2023 and 2022

2024

Month           New    Closed    Under contract

January          576         523              599

February        637         416               691

March             674         612               792

April               800        688              801

Totals            2687       2239           2883

2023

January          483         326              470

February        630         526              789

March             555         558              726

April               710          617              755

Totals           2378        2027            2740

2022

January          422         492              623

February        523         520              724

March            734          904             890

April             1168          966            1334

Totals           2847        2882            3571

Monday is the last day of the month but we will put it on May’s totals.  Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

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

Check out these great resources.  Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices April 27th.  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 April 20th

Fox Valley home prices April 20th

Fox Valley home prices April 20th.  It is cloudy and only reaching 46 degrees today but for the next couple of weeks it will be anywhere from the mid 50’s to lower 70’s.

New listings this week are up.  208 this week compared to 173 the previous week.

Closed listing this week are consistent.  169 this week compared to 161 the previous week.

Aurora-New 20 $179,900-$565,000

             Closed-21 $183,000-$840,000

Batavia-New 11 $299,000-$524,900

               Closed-6 $350,000-$850,000

Bolingbrook-New 18 $239,900-$825,000

                      Closed-12 $280,000-$786,933

Elgin-New 24 $175,000-$1,315,000

          Closed-16 $155,000-$573,011

Naperville-New 35 $349,900-$1,799,900

                   Closed-34 $361,000-$1,662,500

Oswego-New 12 $320,000-$740,000

               Closed-10 $120,000-$535,982

Plainfield-New 25 $280,000-$730,786

                  Closed-15 $280,000-$715,000

Look at photo above for other communities that also had activity this week.  I just highlighted the ones with the most activity.

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

Median list price this week $453,990, last week $448,750.

Closed median price this week $442,000, last week $409,990.

Stats 042024
Stats for week ending April 20th

Conventional financing was used to close on 132 homes this week at median price $470,000 with 29 days average market time, last week 107 homes at median price $429,990 with 37 days average market time.

Conv 042024
Conventional financing used to close for week ending April 20th

Cash was used to close on 29 homes this week at median price $375,000 with 47 days average market time, last week 30 homes at median price $390,000 with 30 days average market time.

Cash 042024
Cash used to close for week ending April 20th

FHA financing was used to close on 4 homes this week at median price $317,500 with 37 days average market time, last week 17 homes at median price $326,000 with 19 days average market time.

FHA 042024
FHA financing used to close for week ending April 20th

VA financing was used to close on 2 homes this week at median price $452,500 with 7 days average market time, last week 7 homes at median price $420,000 with 26 days average market time.

VA 042024
VA financing used to close for week ending April 20th

2,000 SF or more closed on 99 homes this week at median price $542,500 with 33 days average market time, last week 92 homes at median price $510,000 with 35 days average market time.  Minimum price this week $120,000, last week $36,500 that is questionable. It is most likely a mistake.

2000 SF or more 041324
2000 SF or more closed for week ending April 20th

As you can see Conventional financing continues to be the financing to use.

Under contract this week

Homes that went under contract this week are consistent.  217 this week compared to 225 the previous week.

Fox Valley home prices April 20-Under contract this week

Aurora-29                           Bolingbrook-12

Elgin-27                              Naperville-37

Oswego-14                         Plainfield-22

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 homes.  5 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 homes.  3 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $449,990 with 36 days average market time, last week $429,000 with 25 days average market time.

Under contract stats 042024
Under contract stats for week ending April 20th

2024 by the month

Month                   New   Closed   Under contract

January                   576     523             599

February                 637     416              691

March                      674     612              792

April                        604     513              605

Totals                     2491   2064            2687

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

Information for you to check out.

If there is other information you are looking for just let us know and we will point you to the information.

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

Fox Valley homes price April 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 April 13th

Fox Valley home prices April 13th

Fox Valley home prices April 13th.  It is supposed to reach 71 degrees today and 79 tomorrow.  It looks like 4 days in a row of 70’s then we get back to normal 50 to mid 60’s.

New listings this week are down.  173 this week compared to 223 the previous week.

Closed listings are also down.  161 this week compared to 183 the previous week.

Aurora-New 17 $134,900-$549,000

             Closed-22 $160,000-$755,000

Bolingbrook-New 14 $225,000-$625,000

                      Closed-9 $274,999-$635,000

Elgin-New 19 $139,000-$819,900

          Closed-19 $204,000-$720,000

Naperville-New 31 $450,000-$1,699,900

                   Closed-21 $400,000-$1,700,000

Plainfield-New 22 $325,000-$1,125,000

                  Closed-19 $290,000-$790,000

St Charles-New 7 $249,900-$959,900

                  Closed-11 $235,000-$775,000

Yorkville-New 10 $269,900-$925,000

                Closed-10 $36,500-$446,000 (the $36,500 I think is a mistake that hasn’t been changed yet)

For price ranges and activity in other communities look at the photo above.

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

Median list price this week $448,750, last week $459,450.

Closed median price this week $409,990, last week $430,000.

Stats 041324
Stats for week ending April 13th

Conventional financing was used to close on 107 homes this week at median price $429,900 with 37 days average market time, last week 140 homes at median price $460,000 with 29 days average market time.

Conv 041324
Conventional financing used to close for week ending April 13th

Cash used to close on 30 homes this week at median price $390,000 with 30 days average market time, last week 23 homes at median price $340,000 with 41 days average market time.

Cash 041324
Cash used to close for week ending April 13th

FHA financing was used to close on 17 homes this week at median price $326,000 with 19 days average market time, last week 14 homes at median price $327,500 with 31 days average market time.

FHA 041324
FHA financing used to close for week ending April 13th

VA financing was used to close on 7 homes this week at median price $420,000 with 26 days average market time, last week 6 homes at median price $423,750 with 25 days average market time.

VA 041324
VA financing used to close for week ending April 13th

2,000 SF or more closed on 92 homes this week at median price $510,000 with 35 days average market time, last week 112 homes at median price $531,700 with 32 days average market time.  Minimum price this week $36,500( I think this is a mistake that has not been changed yet), last week $118,000.

2000 SF or more 041324
2000 SF or more closed for week ending April 13th

As you can see conventional financing is the most used way to close on homes here in the Fox Valley area of Illinois.

Under contract this week

Fox Valley home prices April 13th-Under contract this week

Homes that went under contract this week are up.  225 this week compared to 163 the previous week.

Aurora-30                             Bolingbrook-14

Elgin-24                                Montgomery-10

Naperville-37                       Oswego-15

Plainfield-26

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 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 and 1 with 48 hours.

Homes that went under contract this week had a median price of $429,000 with 25 days average market time, last week median price $450,000 with 37 days average market time.

Under contract stats 041324
Under contract stats for week ending April 13th

2024 by the month

Month                  New   Closed   Under contract

January                 576        523            599

February               637        416            691

March                    674        612            792

April                      396        344           388

Totals                   2283      1895         2470

Check back every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us with your real estate questions.  Your goal is our goal.

Check out some great resources.  Click on everything that is bold and underlined to take you to the information.

IF you are buying a home you need to get qualified first with a loan officer. 

When selling request a home valuation to see what your home is worth in today’s market.

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

Fox Valley home prices April 13th.  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 April 6th

Fox Valley home prices April 6th

Fox Valley home prices April 6th.  We finally see the sun.  It has been raining for days.  Temperatures will go from the mid 50’s up to 70 the next couple of weeks.

New listings are up.  223 this week compared to 125 the previous week.

Closed listings are down.  183 this week compared to 209 the previous week.

Aurora-New 20 $189,900-$740,000

             Closed-16 $159,000-$702,097

Bolingbrook-New 13 $152,000-$679,000

                      Closed-10 $196,000-$580,600

Elgin-New 23 $170,000-$652,995

          Closed-22 $190,000-$672,000

Montgomery-New 7 $235,000-$429,900

                       Closed-10 $233,000-$549,000

Naperville-New 40 $289,900-$2,390,000

                   Closed-20 $285,000-$1,525,000

Oswego-New 8 $320,000-$629,900

               Closed-10 $289,000-$670,000

Plainfield-New 36 $240,000-$699,900

                  Closed-20 $312,000-$791,272

St Charles-New 14 $329,900-$750,000

                   Closed-10 $268,100-$1,200,000

These are the communities with the most activity this week.  Look at the photo above to see other communities that had activity and their price ranges.

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

Median list price this week $459,450, last week $435,000

Closed median price this week $430,000, last week $415,000.

Stats 040624
Stats for week ending April 6th

Conventional financing was used to close on 140 homes this week at median price $460,000 with 29 days average market time, last week 154 homes at median price $442,455 with 46 days average market time.

Conv 040624
Conventional financing used to close for week ending April 6th

Cash was used to close on 23 homes this week at median price $340,000 with 41 days average market time, last week 30 homes at median price $369,950 with 61 days average market time.

Cash 040624
Cash used to close for week ending April 6th

FHA financing was used to close on 14 homes this week at median price $327,500 with 31 days average market time, last week 17 homes at median price $370,000 with 62 days average market time.

FHA 040624
FHA financing used to close for week ending April 6th

VA financing was used to close on 6 homes this week at median price $423,750 with 25 days average market time, last week 6 homes at median price $463,650 with 81 days average market time.

VA 040624
VA financing used to close for week ending April 6th

2,000 SF or more closed on 112 homes at median price $531,700 with 32 days average market time, last week 127 homes at median price $499,990 with 59 days average market time.  Minimum price for 2,000 SF or more this week $118,000, last week $198,000.

2000 SF or more 040624
2,000 SF or more closed for week ending April 6th

Conventional financing wins again this week.  Cash is next.

Under contract this week

Homes that went under contract are down.  163 this week compared to 213 the previous week.

ox Valley home prices April 6th-Under contract this week

Aurora-22                        Batavia-11

Elgin-23                           Naperville-20

Plainfield-23                    St Charles-11

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 48 hours and 3 with 24 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 2 with 48 hours.

Median price of homes that went under contract this week $450,000 with 37 days average market time, last week $449,900 with 32 days average market time.

Under contract stats 040624
Under contract stats for week ending April 6th

2024 by the month

Month                New   Closed   Under contract

January               576        523            599

February              637        416            691

March                   674        612            792

April                     223        183            163

Totals                  2110       1734          2245

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 can compare.

Contact us 

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

Information for you to check out.  Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices April 6th.  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 March 30th

Fox Valley home prices March 30th

Fox Valley home prices March 30th.  Cloudy and 61 right now.  It is going to go from mid 40’s to upper 60’s in the next couple of weeks.  Rain the next few days.

New listing this week are down.  125 this week compared to 171 the previous week.

Closed listings are up.  209 this week compared to 137 the previous week.

Aurora-New 9 $220,000-$450,000

             Closed-20 $178,500-$866,590

Elburn-New 4 $427,500-$496,515

            Closed-11 $168,000-$597,000

Elgin-New 24 $159,900-$649,900

         Closed-27 $129,000-$750,000

Montgomery-New 3 $270,000-$449,900

                     Closed-10 $235,000-$420,000

Naperville-New 21 $489,900-$1,399,900

                 Closed-15 $426,000-$1,200,000

Plainfield-New 16 $279,900-$812,104

                Closed-25 $270,000-$900,000

South Elgin-New 3 $400,000-$584,990

                    Closed-10 $320,000-$600,000

St Charles-New 5 $325,000-$825,000

                   Closed-13 $252,000-$1,475,000

Yorkville-New 5 $415,000-$499,900

               Closed-11 $305,000-$560,801

This is the list of communities with most activity and their price ranges.  Look at photo above for other communities and their price ranges.

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

Median list price this week $435,000, last week $479,450.

Closed median price this week $415,000, last week $449,900

Stats 033024
Stats for week ending March 30th

Conventional financing was used to close on 154 homes this week at median price $442,455 with 46 days average market time, last week 99 homes at median price $449,990 with 33 days average market time.

Conv 033024
Conventional financing used to close for week ending March 30th

Cash was used to close on 30 homes this week at median price $369,950 with 61 days average market time, last week 24 homes at median price $532,495 with 36 days average market time.

Cash 033024
Cash used to close for week ending March 30th

FHA financing was used to close on 17 homes this week at median price $370,000 with 62 days average market time, last week 11 homes at median price $419,999 with 71 days average market time.

FHA 033024
FHA financing used to close for week ending March 30th

VA financing was used to close on 6 homes this week at median price $463,650 with 81 days average market time, last week 1 home at $630,000 with 5 days average market time.

VA 033024
VA financing used to close for week ending for March 30th

2,000 SF or more closed on 127 homes this week at median price $499,886 with 59 days average market time, last week 91 homes at median price $525,000 with 43 days average market time.  Minimum price this week $198,000, last week $240,000.

2000 SF or more 033024
2,000 SF or more closed for week ending March 30th

It used to be the loan officers automatically did a FHA approval for buyers.  It allows buyers to qualify for more and their credit score can be lower.  Now you better get qualified for Conventional if you do not have cash if you want to win the bid on the house you like.  

March       

 Conventional   Cash   FHA   VA

           554          120     62     20

Under contract this week

Homes that went under contract are consistent.  213 this week compared to 215 the previous week.

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

Aurora-24                    Batavia-11

Bolingbrook-18            Elgin-23

Naperville-20               Oswego-18

Plainfield-27                 St Charles-14

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.  2 with a kick-out clause of 72 hours, 7 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.  1 with a kick-out clause of 72 hours and 3 with 48 hours.

Median price of homes that went under contract this week $449,900 with 32 days average market time, last week $450,000 with 33 days average market time.

Under contract stats 033024
Under contract stats for week ending March 30th

2024 by the month and a look back at 2023 and 2022

2024

Month          New   Closed   Under contract

January        576         523            599

February       637         416            691

March            674         612            792

Totals           1887        1551          2082

2023

January         483         326           470

February       630        526            789

March            555        558            726

Totals           1668       1410          1985

2022

January         422         492           623

February       523         520            724

March            734         904            890

Totals           1679         1916          2237

New listings are up this year, but closings are down.  Do you think prices are the issue?

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

Contact us

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

Information you might want to check out.  Click on anything that is bold and underlined.

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

Fox Valley home prices March 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 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