Fox Valley home prices September 16th
Fox Valley home prices September 16th. You can feel the weather starting to change. No more extremely hot days. We are so happy about that. 70’s are very pleasant.
New listings are up this week. 205 this week compared to 158 the previous week.
Close listings are consistent. 137 this week compared to 135 the previous week.
Aurora-New 42 $150,000-$703,75
Closed-15 $195,000-$565,096
Bolingbrook-New 12 $289,000-$779,990
Closed-8 $250,000-$518,500
Naperville-New 30 $375,000-$3,500,000
Closed-26 $330,000-$1,385,000
Oswego-New 11 $230,000-$519,900
Closed-6 $205,000-$530,000
Plainfield-New 29 $289,000-$899,900
Closed-25 $230,000-$609,535
St Charles-New 14 $349,000-$1,795,000
Closed-6 $160,000-$655,000
Yorkville-New 14 $349,000-$544,900
Closed-9 $212,500-$625,000
Click on the photo above to see the other communities with activity this week.
Financing used, median prices, and 2,000 SF or more
Median list price this week $434,900, last week $425,000.
Closed median price this week $410,000, last week $425,000.
Conventional financing used to close on 103 homes this week at median price $425,000 with 28 days average market time, last week 92 homes at median price $427,990 with 28 days average market time.
Cash used to close on 18 homes this week at median price $473,579 with 37 days average market time, last week 26 homes at median price $444,995 with 44 days average market time.
FHA financing used to close on 11 homes this week at median price $360,000 with 28 days average market time, last week 13 homes at median price $375,000 with 26 days average market time.
VA financing was used to close on 5 homes this week at median price $309,000 with 70 days average market time, last week 4 homes at median price $373,950 with 8 days average market time.
2,000 SF or more closed on 80 homes this week at median price $496,990 with 36 days average market time, last week 80 homes at median price $524,500 with 29 days average market time. Minimum price this week $309,000, last week $270,000.
Homes that went under contract this week
Homes that went under contract this week are consistent. 152 this week compared to 158 the previous week.
Aurora-17 Bolingbrook-11
Naperville-24 Oswego-14
Plainfield-23
No short sales accepted by seller’s this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 48 hours.
Median price of homes that went under contract this week $412,500 with 32 days average market time, last week $400,000 with 27 days average market time.
Click on the photo above to see other communities with activity this week.
2023 by the month
Month New Closed Under contract
January 483 326 470
February 630 526 789
March 555 558 726
April 710 617 755
May 735 603 816
June 1030 1059 926
July 765 745 805
August 869 988 915
September 363 272 310
Totals 6140 5694 6512
We usually post this every Saturday. Hopefully next Saturday we will be on time.
Resources
We have information for you to check out. Please click on each one that is bold and underlined to take you to the site for the information. Let us know if you have any questions.
- Types of loans and the process
- VA loans and the requirements
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for a home anytime
If there is any information not listed that you need just let us know so we can point you in the right direction.
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 September 16th. Have an awesome week!
Kristine Heiman, Designated Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101