Fox Valley home prices August 19th

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

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

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

Fox Valley home prices August 19th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 081923
Stats for week ending August 19th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

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

Aurora-30                          Bolingbrook-14

Montgomery-11                 Naperville-23

Plainfield-13                      St Charles-13

Yorkville-10

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

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

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

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

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

2023 by the month

Month                New   Closed   Under contract

January               483        326          470

February             630        526          789

March                  555        558          726

April                    710         617           755

May                     735         603          816

June                   1030        1059          926

July                      765          745          805

August                 545         566          559

Totals                 5453       5000        5846

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

Resources

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

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

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

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

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices July 29th

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Fox Valley home prices July 29th.  We have had a couple of extremely hot days.  I hope that is the end of those.

New listings are up.  204 this week compared to 180 the previous week.

Closed listings are also up.  212 this week compared to 180 the previous week.

Fox Valley home prices July 29th

Aurora-New 17 $159,900-$775,000

             Closed-35 $187,000-$680,000

Bolingbrook-New 18 $120,000-$779,900

                      Closed-17 $300,000-$595,000

Geneva-New 10 $300,000-$899,900

              Closed-8 $275,000-$2,335,500

Montgomery-New 4 $375,000-$409,900

                        Closed-11 $250,000-$440,500

Naperville-New 38 $369,900-$2,100,000

                   Closed-39 $376,000-$2,199,900

Plainfield-New 22 $320,000-$714,990

                  Closed-28 $270,000-$735,000

St Charles-New 14 $250,000-$1,850,000

                  Closed-7 $359,900-$1,150,000

Yorkville-New 24 $299,900-$1,490,000

                Closed-10 $300,000-$965,000

These are the communities with the most activity this week.  Other communities had activity.  Click on the photo above to see the price ranges in those communities.  You just might find something there.

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

Median list price this week $449,945, last week $434,750.

Closed median price this week $432,500, last week $431,500.

Stats 072923
Stats for week ending July 29th

Conventional financing was used to close on 153 homes this week at median price $475,000 with 25 days average market time, last week 132 homes at median price $448,750 with 35 days average market time.

Conv 072923
Conventional financing used to close for week ending July 29th

Cash was used to close on 28 homes this week at median price $400,000 with 38 days average market time, last week 22 homes at median price $359,687 with 29 days average market time.

Cash 072923
Cash used to close for week ending July 29th

FHA financing was used to close on 19 homes this week at median price $339,900 with 30 days average market time, last week 13 homes at median price $335,000 with 17 days average market time.

FHA 072923
FHA financing used to close for week ending July 29th

VA financing was used to close on 12 homes this week at median price $417,244 with 30 days average market time, last week 10 homes at median price $438,500 with 11 days average market time.

VA 072923
VA financing used to close for week ending July 29th

2,000 square feet or more closed on 134 homes this week at median price $552,666 with 34 days average market time, last week 118 homes at median price $503,500 with 53 days average market time.  Minimum price this week is the same as last week $250,000.

2000 SF or more 072923
2,000 SF or more closed for the week ending July 29th

72% of homes closed using Conventional financing.

Under contract this week

Homes that went under contract this week are down.  185 this week compared to 227 the previous week.

Fox Valley home prices July 29th-Under contract this week

Aurora-23                     Naperville-31

Plainfield-33                St Charles-17

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

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

Median price of homes that went under contract this week $419,900 with 28 days average market time, last week $414,900 with 30 days average market time.

Under contract stats 072923
Under contract stats for week ending July 29th

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

Totals              4908      4434         5287

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

Totals               6198       6116         6519

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

Totals             6759      7434            8619

You can see the amount of new listings has drastically gone down.  That is why prices have increased so much.  We need a bigger supply of homes to bring the prices down.

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.  If you are looking for information that is not here let us know what you are looking for and we will point you in the right direction.

If you want to know what your home is worth right now request a home valuation.

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

Search for homes whenever you want.  You can keep track of homes in your neighborhood or try to find a home to purchase.

All data provided to day is from our MLS, MRED, LLC.  It changes throughout the day as agents upload their information.

Contact us

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

Fox Valley home prices July 29th.  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 July 15th

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Fox Valley home prices July 15th.  We have finally gotten some much needed rain.  The grass is green again.

New listings this week are slightly up.  206 this week compared to 175 the previous week.

Closed listings are consistent.  180 this week compared to 173 the previous week.

Fox Valley home prices July 15th

 

Aurora-New 28 $179,900-$835,000

             Closed-29 $165,000-$850,000

Batavia-New 10 $165,000-$750,000

              Closed-5 $350,000-$740,000

Bolingbrook-New 14 $269,900-$829,900

                      Closed-14 $250,000-$910,000

Naperville-New 40 $294,900-$5,595,000

                   Closed-40 $395,000-$1,900,000

Oswego-New 12 $299,000-$489,000

               Closed-4 $380,000-$490,000

Plainfield-New 25 $220,000-$959,900

                  Closed-23 $264,900-$970,000

St Charles-New 10 $355,000-$2,990,000

                  Closed-16 $250,000-$890,000

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

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

Median list price this week $441,250, last week $423,384.

Closed median price this week $450,000, last week $420,000.

Stats 071523
Stats for week ending July 15th

Conventional financing was used to close on 129 homes this week at median price $487,500 with 26 days average market time, last week 137 homes at median price $445,000 with 29 days average market time.

Conv 071523
Conventional financing used to close for week ending July 15th

Cash was used to close on 28 homes this week at median price $457,500 with 29 days average market time, last week 19 homes at median price $442,000 with 12 days average market time.

Cash 071523
Cash used to close for week ending July 15th

FHA financing was used to close on 18 homes at median price $403,732 with 34 days average market time, last week 12 homes at median price $328,000 with 4 days average market time.

FHA 071523
FHA financing used to close for week ending July 15th

VA financing was used to close on 5 homes at median price $390,000 with 21 days average market time, last week 4 homes at median price $290,000 with 28 days average market time.

VA 071523
VA financing used to close for week ending July 15th

2,000 square feet or more closed on 119 homes this week at median price $530,000 with 32 days average market time. last week 97 homes at median price $515,000 with 32 days average market time.  Minimum price this week $178,000, last week $284,000.

2000 SF or more 071523
2,000 SF or more closed for week ending July 15th.

71% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are slightly up.  207 this week compared to 186 the previous week.

Fox Valley home prices July 15th-Under contract this week

Aurora-34                                Bolingbrook-17

Naperville-34                          Oswego-11

Plainfield-28                           St Charles-14

Yorkville-11

1 short sale was accepted by a seller this week.  It was in Naperville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  4 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. 2 with a kick-out clause of 72 hours and 2 with 48 hours.

Homes that went under contract this week had a median price $410,000 with 36 days average market time, last week $400,000 with 30 days average market time.

Under contract 071523
Under contract for week ending July 15th

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                         381        353              393

Totals                   7960      4042            4875

Homes sell throughout the year.  Some months are busier than others.

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

Resources

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

If you are thinking about selling request a home valuation so we can let you know about what your home is worth in today’s market.  We can also provide you with a net proceeds that shows an estimate of expenses to sell.

You can sign-up for email alerts so you don’t miss out on a new listings with your criteria.

Search for a home anytime even if it is just to keep up with the home prices.

All data provided today is from our MLS, MRED, LLC.  Data 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 July 15th.  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 July 8th

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

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

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

Fox Valley home prices July 8th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Usually when it is a holiday week things are slower.

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

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

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

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

Stats 070823
Stats for week ending July 8th

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

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

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

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

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

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

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

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

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

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

79% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are consistent.  186 compared to 195 the previous week.

Fox Valley home prices July 8th-Under contract this week

Aurora-28                         Batavia-10

Bolingbrook-12                 Naperville-28

Plainfield-30                    St Charles-13

Yorkville-12

1 short sale was accepted by a seller.  It was in Montgomery.  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.  3 with a kick-out clause of 72 hours, 5 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 each with a kick-out clause of 72, 48, and 24 hours.

Median price for homes that went under contract this week $400,000 with 30 days average market time, last week $412,00 with 24 days average market time.

Under contract 070823
Under contract for the week ending July 8th

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                175           173          186

Totals          4318        3862        4668

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 compare to.

Resources

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

If you are thinking about selling a home request a home valuation and we will give you an estimate of what it might sell for in today’s market  and provide you with a net proceeds that shows you what you might walk away with at closing.

Sign-up for email alerts so you will get email with homes that you might want to take a look at.

You can always search for a home anytime.

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 July 8th.  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 June 24th

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Fox Valley home prices June 24th.  It is a hot one today!  Hopefully we might see some rain in the next couple of days.  Mid 80’s during the day and mid 60’s at night for the next couple of weeks .  It is severely dry here.

New listings this week are consistent.  204 this week compared to 199 the previous week.

Closed listings are down.  164 this week compared to 229 the previous week.

ox Valley home prices June 24th

Aurora-New 26 $200,000-$1,250,000

             Closed-21 $175,000-$590,000

Bolingbrook-New 28 $239,900-$848,500

                      Closed-21 $200,000-$775,000

Naperville-New 39 $350,000-$1,375,000

                   Closed-29 $250,000-$2,075,000

Plainfield-New 26 $297,900-$1,350,000

                  Closed-20 $303,000-$676,430

St Charles-New 16 $297,000-$1,395,000

                  Closed-10 $251,500-$715,000

Out of the 25 communities with activity this week.  These are the ones that are most active.  Click on photo above to see the other communities.

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

Median list price this week $439,450, last week $448,542.

Closed median price this week $435,000, last week $450,000.

Stats 062423
Stats for week ending June 24th

 Conventional financing was used to close on 113 homes this week at median price $455,000 with 20 days average market time, last week 169 homes at median price $458,000 with 21 days average market time.

Conv 062423
Conventional financing used to close for week ending June 24th

Cash was used to close on 31 homes at median price $445,000 with 17 days average market time, last week 34 homes at median price $509,250 with 24 days average market time.

Cash 062423
Cash used to close for week ending June 24th

 FHA financing was used to close on 17 homes this week with median price $338,000 with 29 days average market time, last week 17 homes at median price $350,000 with 31 days average market time.

FHA 062423
FHA financing used to close for week ending June 24th

VA financing was used to close on 3 homes this week at median price $335,000 with 14 days average market time, last week 7 homes at median price $495,000 with 14 days average market time.

VA 062423
VA financing was used to close for week ending June 24th

2,000 square feet or more closed on 97 homes this week at median price $510,000 with 24 days average market time, last week 160 homes at median price $520,000 with 25 days average market time.  Minimum price this week $250,000, last week $238,000.

2000 SF or more 062423
2,000 SF or more for week ending June 24th

Conventional financing continues to be the most used financing at just under 70% this week.

Under contract this week

Homes under contract this week are down slightly.  189 this week compared to 198 the previous week.

Fox Valley home prices June 24th-Under contract this week

Aurora-21                              Bolingbrook-13

Geneva-11                              Naperville-37

Plainfield-24                         St Charles-11

1 short sale was accepted by a seller this week.  It was in North Aurora.  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, 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.  1 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

Median price of homes under contract this week is $420,000 with 30 days average market time, last week $449,450 with 36 days average market time.

Under contract this week 020423
Under contract this week for week ending June 24th

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                    846       801          731

Totals               3959      3431       4287

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

Resources

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

Check with your loan officer to see if they offer any programs that will help with closing costs or anything else.

If you would like to see what your home is worth on today’s market request home valuation and we will give you an idea of what the costs to sell your home might be.

Don’t miss out on a new listing sign-up for email alerts and you will be emailed a listing as soon as it hits our MLS. 

You can always search for a home anytime or check on what homes are selling for.

Let us know what information you need.

All data was provided this morning by our MLS, MRED, LLC.  It changes continuously 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 June 24th.  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 June 17th

bhfv Cover 050623

Fox Valley home prices June 17th.  The next couple of weeks will be in the 80’s during the day and mid 60’s at night.  No rain in sight.

New listings this week are slightly down.  199 this week compared to 212 the previous week.

Closed listings are up.  229 this week compared to 171 the previous week.

Fox Valley home prices June 17th

Aurora-New 21 $180,000-$689,000

             Closed-20 $175,000-$780,000

Bolingbrook-New 11 $300,000-$899,900

                    Closed-13 $211,000-$740,000

Geneva-New 9 $275,000-$3,500,000

             Closed-12 $285,000-$580,000

Montgomery-New 10 $200,000-$474,900

                      Closed-6 $230,000-$410,000

Naperville-New 43 $275,000-$2,200,000

                  Closed-53 $255,000-$2,200,000

Oswego-New 7 $375,000-$480,000

              Closed-11 $390,000-$900,000

Plainfield-New 21 $189,000-$1,875,000

                 Closed-24 $285,000-$640,000

St Charles-New 14 $272,108-$1,075,000

                  Closed-20 $220,000-$815,000

Yorkville-New 12 $289,900-$975,000

                Closed-10 $262,000-$590,000

These are the 9 communities out of 28 that had the most activity this week.  To see the other communities click on the photo above.  If you are having a hard time reading it I can email it to you.  Send email to besthomesfv@gmail.com.

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

Median list price this week $448,542, last week $449,900.

Closed median price this week $450,000, last week $445,000.

Stats 061723
Stats for week ending June 17th

Conventional financing was used to close on 169 homes this week at median price $458,000 with 21 days average market time, last week 132 homes at median price $452,500 with 22 days average market time.

Conv 061723
Conventional financing used to close for week ending June 17th

Cash was used to close on 34 homes this week at median price $509,250 with 24 days average market time, last week 26 homes at median price $448,500 with 34 days average market time.

Cash 061723
Cash used to close for week ending June 17th

FHA financing was used to close on 17 homes this week at median price $350,000 with 31 days average market time, last week 6 homes at median price $349,990 with 7 days average market time.

FHA 061723
FHA financing used to close for week ending June 17th

VA financing was used to close on 7 homes this week at median price $495,000 with 14 days average market time, last week 6 homes at median price $416,225 with 25 days average market time.

VA 061723
VA financing was used to close for week ending June 17th

2,000 square feet or more closed on 160 homes at median price $520,000 with 25 days average market time, last week 105 homes at median price $523,000 with 24 days average market time.  Minimum price this week $238,000, last week $247,500.

2000 SF or more 061723
2,000 SF or more closed for week ending June 17th

Almost 74% of homes closed this week used Conventional financing.  Cash was used twice as many times as FHA financing.

Under contract this week

Homes that went under contract this week are slightly up.  198 this week compared to 188 the previous week.

Fox Valley home prices June 17th-Under contract this week

Aurora-28                                      Bolingbrook-12

Naperville-45                                Plainfield-29

St Charles-16

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, 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 $449,450 with 36 days average market time, last week $425,000 with 33 days average market time.

Under contract 061723
Under contract stats for week ending June 17th

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                    642        637            542

Totals          3755    3267       4098 

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

Resources

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

Request a home valuation so you have an idea of what your home is worth in today’s market and what you might walk away with.

Sign-up for Email alerts so you will be notified when a home with your criteria comes on the market.

Search for a home anywhere in Illinois anytime.

All data provided today is from our MLS, MRED, LLC.

Contact us

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

Fox Valley home prices June 17th.  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 June 10thbhfv Cover 050623

Fox Valley home prices June 10th.  Weather continues to be in the 70 and 80’s getting down to the upper 50’s at night.  Perfect if only we had some rain.

New listings this week are down.  212 this week compared to 231 the previous week.

Closed listings are also down.  171 this week compared to 237 the previous week.

Fox Valley home prices June 10th

Aurora-New 27 $157,000-$790,000

             Closed-24 $165,900-$565,000

Batavia-New 8 $415,000-$795,000

               Closed-11 $290,000-$795,000

Bolingbrook-New 16 $247,000-$589,000

                      Closed-14 $250,000-$615,000

Naperville-New 54 $350,000-$1,995,000

                   Closed-34 $427,000-$1,325,000

Plainfield-New 34 $289,000-$775,000

                 Closed-24 $240,000-$648,861

St Charles-New 13 $239,900-$775,000

                  Closed-6 $325,000-$560,000

Yorkville-New 12 $389,900-$707,000

                Closed-7 $364,900-$525,000

Other communities had activity this week.  Click on the photo above to see the price ranges in those communities.  We just highlight the most active.  If you would like me to email you a copy let me know at besthomesfv@gmail.com.

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

Median list price this week $449,900, last week $420,000

Closed median price this week $445,000, last week $420,100.

Stats 061023
Stats for week ending June 10th

Conventional financing was used to close on 132 homes this week at median price $452,500 with 22 days average market time, last week 168 homes at median price $437,500 with 22 days average market time.

Conv 061023
Conventional financing used to close for week ending June 10th

Cash was used to close on 26 homes this week at median price $448,500 with 34 days average market time, last week 33 homes at median price $425,000 with 20 days average market time.

Cash 061023
Cash used to close for week ending June 10th

FHA financing used to close on 6 homes this week at median price $349,990 with 7 days average market time, last week 20 homes at median price $337,750 with 43 days average market time.

FHA 061023
FHA financing used to close for week ending June 10th

VA financing was used to close on 6 homes this week at median price $416,225 with 25 days average market time, last week 14 homes at median price $412,500 with 15 days average market time.

VA 061023
VA financing used to close for week ending June 10th

2,000 Square feet or more closed on 105 homes at median price $523,000 with 24 days average market time, last week 142 homes at median price $510,000 with 26 days average market time.  Minimum price this week $247,500, last week $255,000.

2000 SF or more 061023
2,000 SF or more homes closed for week ending June 10th

77% of homes closed this week using Conventional financing.  The trend continues in our area.

Under contract this week

Homes that went under contract this week are up.  188 this week compared to 156 the previous week.

Fox Valley home prices June 10th-Under contract this week

Aurora-24                                 Bolingbrook-14

Geneva-14                                Naperville-27

Plainfield-23                            St Charles-16

Yorkville-13

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

Homes under contract this week had a median price $425,000 with 33 days average market time, last week $430,000 with 31 days average market time.

Under contract 061023
Under contract stats for week ending June 10th

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                  443        408            344

Totals             3556      3038          3900

Check back with us every Saturday for the real estate market update in 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 too.

New listings are more than closed listings, that is a good thing to see.  We still need more listings in different price ranges so everyone has something to choose from.

Under contract listings sometimes come back on the market.  That is why they are higher than closed listings.

Resources

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

Also check with your loan officer to see if they have any programs to help get you into a home.

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 June 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 June 3rd

bhfv Cover 050623

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

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

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

Fox Valley home prices June 3rd

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 060323
Stats for week ending June 3rd

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

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

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

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

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

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

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

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

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

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

Almost 71% of homes closed using Conventional financing.

Under contract this week

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

Fox Valley home prices June 3rd-Under contract this week

Aurora-19                                    Naperville-37

Plainfield-22                               St Charles-10

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

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

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

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

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

2023 by the month

Month              New   Closed   Under contract

January             483        326          470

February           630        526          789

March                555        558          726

April                  710          617         755

May                  735          603         816

June                  231           237         156

Totals             3344         2867       3712

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

Resources

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

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555

Fox Valley home prices May 27th

bhfv Cover 050623

Fox Valley home prices May 27th.  The weather is perfect.  Sunny and warm temperatures.  A little too sunny though, we don’t expect to get any rain for another week.  It is really getting dry.

New listings are down.  158 this week compared to 181 the previous week.

Closed listing are up.  165 this week compared to 148 the previous week.

Fox Valley home prices May 27th

Aurora-New 17 $205,000-$999,999

             Closed-21 $218,000-$715,000

Batavia-New 7 $389,900-$1,399,000

               Closed-11 $226,000-$875,000

Naperville-New 35 $385,000-$1,600,000

                   Closed-28 $360,000-$1,557,000

Plainfield-New 28 $285,000-$1,100,000

                  Closed-26 $320,000-$1,045,000

Yorkville-New 12 $330,490-$649,900

                Closed-6 $325,000-$485,000

There was activity in other communities.  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 $445,000, last week $435,000

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

Stats 052723
Stats for week ending May 27th

Conventional financing was used to close on 119 homes this week at median price $440,000 with 24 days average market time, last week 116 homes at median price $430,000 with 21 days average market time.

Conv 052723
Conventional financing used to close for week ending May 27th

Cash was used to close on 30 homes this week at median price $470,000 with 27 days average market time, last week 17 homes at median price $586,305 with 11 days average market time.

Cash 052723
Cash used to close for week ending May 27th

FHA financing was used to close on 15 homes this week at median price $335,500 with 26 days average market time, last week 14 homes at median price $345,500 with 37 days average market time.

FHA 052723
FHA financing used to close for week ending May 27th

VA financing was used to close on 2 homes this week at median price $373,450 with 70 days average market time, last week 1 home at $375,000 with 7 days average market time.

VA 052723
VA financing used to close for week ending May 27th

2,000 square feet or more closed on 107 homes this week at median price $522,000 with 32 days average market time, last week 94 homes at median price $485,000 with 25 days average market time.  Minimum price this week $280,000, last week $140,000.

2000 SF or more 052723
2,000 SF or more closed for week ending May 27th

Slightly over 72% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract are consistent.  197 this week compared to 193 the previous week.

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

Aurora-24                              Bolingbrook-19

Naperville-38                        Plainfield-23

St Charles-16                         Yorkville-11

No short sales were accepted this week.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 5 with 48 hours, and 4 with 24 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  48 hours.

Median price of homes that went under contract this week $419,900 with 32 days average market time, last week $400,000 also with 32 days average market time.

Under contract 052723
Under contract for week ending May 27th

 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

Totals               3113       2630        3556

2022

January              422        492           623

February            523        520           724

March                 734       904          890

April                  1168       966         1334

May                   1101       893          806

Totals               3948      3775         4377

2021

January              543       649           829

February            561        604           778

March                 993      1099         1455

April                 1006        926         1387

May                  1088       1288         1289

Totals                4191       4566        5738

You can see new listings have steadily declined every year.  So have closed listings.  The need for housing has not declined.  Some have given up finding a home and are either living with family or renting.  Rentals are also hard to find. 

Keep an open mind when looking for a home.  You might need to drive a little farther or find a home and make adjustments to the home.

Resources

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

Talk to your loan officer to see what programs they offer.

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 May 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 May 6th

bhfv cover 050623

Fox Valley home prices May 6th.  We are finally seeing the 70’s.  It should continue for the next couple of weeks.

New listings this week are up.  201 this week compared to 165 the previous week.

Closed listings are down.  161 this week compared to 194 the previous week.

Fox Valley home prices May 6th

Aurora-New 31 $190,000-$750,000

             Closed-18 $184,000-$704,654

Bolingbrook-New 12 $254,900-$756,649

                      Closed-8 $190,000-$400,000

Naperville-New 37 $365,000-$1,900,000

                   Closed-34 $392,500-$2,050,000

Oswego-New 10 $279,000-$1,695,000

               Closed-11 $315,000-$599,000

Plainfield-New 32 $279,000-$659,000

                  Closed-23 $235,000-$549,900

St Charles-New 17 $219,900-$875,000

                  Closed-14 $269,000-$765,000

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

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

Median list price this week $429,900, last week $429,999.

Closed median price this week $401,500, last week $422,500.

Stats 050623
Stats for week ending May 6th

Conventional financing was used to close on 121 homes this week at median price $419,000 with 17 days average market time, last week 142 homes at median price $437,500 with 45 days average market time.

Conv 050623
Conventional financing used to close for week ending May 6th

Cash was used to close on 21 homes this week at median price $410,500 with 63 days average market time, last week 26 homes at median price $410,000 with 94 days average market time.

Cash 050623
Cash used to close for week ending May 6th

FHA financing was used to close on 15 homes this week at median price $337,500 with 56 days average market time, last week 16 homes at median price $343,565 with 51 days average market time.

FHA 050623
FHA financing used to close for week ending May 6th

VA financing was used to close on 3 homes this week at median price $379,900 with 5 days average market time, last week 10 homes at median price $362,445 with 52 days average market time.

VA 050623
VA financing used to close for week ending May 6th

2,000 square feet or more closed on 100 homes this week at median price $488,000 with 28 days average market time, last week 114 homes at median price $490,790 with 69 days average market time.  Minimum price this week $310,000, last week $165,000.

2000 SF or more 050623
2000 SF or more closed for week ending May 6th

Slightly over 75% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are exactly the same as last week.  194 for both weeks.

Fox Valley home prices May 6th-Under contract this week

Aurora-28                           Batavia-13

Bolingbrook-22                  Geneva-10

Naperville-28                     Plainfield-22

St Charles-11                       West Chicago-10

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.  4 with a kick-out clause of 72 hours and 1 with 24 hours.

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

Homes that went under contract this week had a median price $399,450 with 27 days average market time, last week $417,706 with 35 days average market time.

Under Contract stats 050623
Under contract for week ending May 6th

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                       201        161             194

Totals                  2579      2188           2934

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 can compare how this year is going.

Resources

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

If you are looking for information not listed above let us know so we can 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 of your real estate questions.  Your goal is our goal.

Fox Valley home prices May 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