Fox Valley area of Illinois home prices February 22nd

Posted on February 22, 2025February 22, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices February 22nd

Fox Valley area of Illinois home prices February 22nd. Cloudy and 34 degrees today, but this next week it is going to be in the 40’s. It is going to be a heat wave!

New listings this week are up slightly. 162 this week compared to 140 the previous week.

Closed listings are also up slightly. 125 this week compared to 100 the previous week.

Aurora New-20 $219,900-$789,900

Closed-20 $205,000-$648,103

Bolingbrook New-15 $275,000-$870,845

Closed-12 $250,850-$835,000

Elgin New-17 $228,890-$750,000

Closed-15 $124,000-$712,310

Naperville New-35 $340,000-$4,890,000

Closed-13 $459,700-$899,000

Plainfield New-23 $274,900-$750,000

Closed-11 $220,000-$784,464

St Charles New 8 $425,000-$1,399,900

Closed-10 $325,000-$800,000

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

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

Median list price this week $468,900, last week $460,945.

Closed median price this week $410,000, last week $442,500.

Stats 022225 — Stats for week ending February 22nd

Conventional financing was used to close on 87 homes this week at median price $440,000 with 43 days average market time, last week 68 homes at median price $444,995 with 45 days average market time.

Conv 022225 — Conventional financing used to close for week ending February 22nd

Cash was used to close on 20 homes this week at median price $417,500 with 65 days average market time, last week 18 homes at median price $470,549 with 84 days average market time.

FHA financing was used to close on 13 homes this week at median price $280,000 with 46 days average market time, last week 8 homes at median price $435,250 with 39 days average market time.

FHA 022225 — FHA financing used to close for week ending February 22nd

VA financing was used to close on 5 homes this week at median price $469,900 with 56 days average market time, last week 6 homes at median price $376,500 with 104 days average market time.

VA 022225 — VA financing used to close for week ending February 22nd

2,000 SF or more closed on 66 homes this week at median price $524,000 with 44 days average market time, last week 56 homes at median price $536,700 with 81 days average market time. Minimum price this week $280,000, last week $328,000.

2000 SF or ore 022225 — 2,000 SF or more closed for week ending February 22nd

69.6% of homes closed using conventional financing this week.

Under contract this week

Homes that went under contract this week are consistent. 145 this week compared to 139 the previous week.

Aurora-11 Elgin-11

Naperville-21 Plainfield-19

These are the communities seller’s accepted the most contracts. Other communities saw activity this week. You can see in the photo above.

2 short sales were accepted by seller’s this week. Both of them were in Bolingbrook.

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

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

Under contract median price this week $439,900 with 49 days average market time, last week $409,000 with 46 days average market time.

Under contract ststs 022225 — Under contract stats for week ending February 22nd

2023 by the month

Month New Closed Under contract

January 585 570 652

February 453 345 427

Totals 1038 915 1079

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 2024 and 2023 so you have something to compare to.

Contact us

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

You can go to the National Association of REALTORS to get some great information from the guides listed there. Everything from working with a REALTOR, to financing, closing costs, earnest money, buying your first home, and steps between signing and closing. Scroll down to find the guides.

You can also request a home valuation, sign-up for email alerts, and search for a home.

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

Fox Valley area of Illinois home prices February 22nd. Have an awesome week! The weather looks great for next week.

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices February 15th

Posted on February 15, 2025February 15, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices February 15th

Fox Valley area of Illinois home prices February 15th. More snow today and tomorrow. Highs from 6-36 for the next week. Lows from -7-22.

New listings this week are down slightly. 140 this week compared to 151 the previous week.

Closed listings also down slightly. 100 this week compared to 120 the previous week.

Here are the communities with the most activity this week.

Aurora New-12 $234,900-$550,000

Closed-19 $175,000-$552,851

Elgin New-8 $309,000-$699,990

Closed-10 $210,000-$740,105

Naperville New-22 $435,000-$3,999,000

Closed-15 $395,000-$1,051,000

Oswego New-14 $365,000-$1,600,000

Closed-8 $435,500-$588,000

Plainfield-New 16 $354,900-$825,000

Closed-10 $353,000-$594,090

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

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

Median list price this week $460,945, last week $465,000.

Closed median price this week $442,500, last week $433,495.

Stats 021525 — Stats for week ending February 15th

Conventional financing was used to close on 68 homes this week at median price $444,995 with 45 days average market time, last week 78 homes at median price $452,500 with 40 days average market time.

Conv 021525 — Conventional financing used to close for week ending February 15th

Cash was used to close on 18 homes this week at median price $470,549 with 84 days average market time, last week 24 homes at median price $418,750 with 59 days average market time.

Cash 021525 — Cash used to close for week ending February 15th

FHA financing was used to close on 8 homes this week at median price $435,250 with 39 days average market time, last week 12 homes at median price $332,500 with 58 days average market time.

FHA 021525 — FHA financing used to close for week ending February 15th

VA financing was used to close on 6 homes this week at median price $376,500 with 104 days average market time, last week 3 homes at median price $500,000 with 51 days average market time.

VA 021525 — VA financing used to close for week ending February 15th

2,000 SF or more closed on 56 homes this week at median price $536,700 with 81 days average market time, last week 68 homes at median price $504,842 with 51 days average market time. Minimum price this week $328,000, last week $275,000.

2000 SF or more 021525 — 2,000 SF or more closed for week ending February 15th

68% of homes closed this week used conventional financing. FHA financing was used on only 8 homes this week.

Under contract this week

Homes that went under contract this week were pretty consistent. 139 this week compared to 143 the previous week.

Here are the communities that seller’s accepted the most contracts this week.

Aurora-16 Bolingbrook-12

Elgin-12 Naperville-17

Plainfield-17

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

Under contract median price this week $409,000 with 46 days average market time, last week $429,900 with 44 days average market time.

Under contract stats 021525 — Under contract stats for week ending February 15th

2025 by the month

Month New Closed Under contract

January 585 570 652

February 291 220 282

Totals 876 790 934

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 2024 and 2023 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.

The National Association of REALTORS has some guides and videos about the new buyer representation agreements and other things about buying and selling a home. Click on it and then scroll down to the information.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime. Click on each one to take you to the information.

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

Fox Valley area of Illinois home prices February 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 area of Illinois home prices February 8th

Posted on February 8, 2025February 8, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices February 8th

Fox Valley area of Illinois home prices February 8th. Lightly snowing and 30 degrees right now. 21-35 for highs this next week with 3-22 degrees for lows. Winter continues.

New listings this week are up. 151 this week compared to 126 the previous week.

Closed listings are slightly down. 120 this week compared to 139 the previous week.

Take a look at the communities with the most activity this week.

Aurora New-16 $309,900-$974,596

Closed-17 $157,500-$720,000

Elgin New-10 $295,000-$1,000,000

Closed-16 $165,000-$686,425

Naperville New-19 $364,900-$3,900,000

Closed-9 $485,000-$1,250,000

Plainfield New-43 $328,000-$929,000

Closed-18 $199,900-$680,000

Check out the photo above for the 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 $465,000, last week $449,900.

Closed median price this week $433,495, last week $410,000.

Stats 020825 — Stats for week ending February 8th

Conventional financing was used to close on 78 homes this week at median price $452,500 with 40 days average market time, last week 90 homes at median price $412,495 with 60 days average market time.

Conv 020825 — Conventional financing used to close for week ending February 8th

Cash was used to close on 24 homes this week at median price $418,750 with 59 days average market time, last week 27 homes at median price $474,125 with 76 days average market time.

Cash 020825 — Cash used to close for week ending February 8th

FHA financing used to close on 12 homes this week at median price $332,500 with 58 days average market time, last week 17 homes at median price $322,000 with 44 days average market time.

FHA 020825 — FHA financing used to close for week ending February 8th

VA financing was used to close on 3 homes this week at median price $500,000 with 51 days average market time, last week 3 homes at median price $735,000 with 37 days average market time.

VA 020825 — VA financing used to close for week ending February 8th

2,000 SF or more closed on 68 homes this week at median price $504,842 with 51 days average market time, last week 84 homes at median price $541,995 with 71 days average market time. Minimum price this week $275,000, last week $239,900.

2000 SF or more 020825 — 2,000 SF or more closed for week ending February 8th

65 % of homes closed this week using conventional financing.

Under contract this week

Homes that went under contract this week are pretty consistent. 143 this week compared to 155 the previous week.

Here are the communities seller’s accepted the most contracts.

Aurora-16 Elgin-12

Naperville-20 Plainfield-18

St Charles-11

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home 1 with a kick-out clause of 72 hours, 1 with 48 hours, and 2 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. 1 we do not know the hours for the kick-out.

Median price of homes that went under contract this week $429,900 with 44 days average market time, last week median price $409,990 with 61 days average market time.

Under contract stats 020825 — Under contract stats for week ending February 8th

2025 by the month

Month New Closed Under contract

January 585 570 652

February 151 120 143

Totals 736 690 795

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 2024 and 2023 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.

New rules since August 17th. We need a buyer’s brokerage agreement signed before showing any homes.

You can go to the National Association of REALTORS website and look at the guides provided there for some great information. Scroll down to see the guides and there is some videos as well.

You can also request a home valuation, sign-up for email alerts, and search for a home.

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

Fox Valley area of Illinois home prices February 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 area of Illinois home prices February 1st

Posted on February 1, 2025February 1, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices February 1st

Fox Valley area of Illinois home prices February 1st. Partly cloudy today and 33 degrees. 50 tomorrow and 47 Monday then back to the 30’s for a high. Lows from 18-35 this next week.

New listings this week are up. 126 this week compared to 103 the previous week.

Closed listings are also up. 139 this week compared to 96 the previous week.

Here are the communities with the most activity this week in the Fox Valley area.

Aurora New-17 $159,900-$895,000

Closed-11 $183,000-$395,000

Elgin New-14 $259,900-$729,000

Closed-16 $205,000-$850,000

Naperville New-16 $499,900-$1,800,000

Closed-15 $401,000-$2,825,000

Oswego New-3 $300,000-$670,000

Closed-15 $255,000-$640,000

Plainfield New-22 $299,900-$679,900

Closed-19 $252,500-$773,779

St Charles New-6 $665,000-$1,195,000

Closed-15 $395,000-$1,842,500

The photo above shows the 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 $449,900, last week $436,610.

Closed median price this week $410,000, last week $420,000.

Stats 020125 — Stats for week ending February 1st

Conventional financing was used to close on 90 homes this week at median price $412,495 with 60 days average market time, last week 63 homes at median price $469,150 with 52 days average market time.

Conv 020125 — Conventional financing used to close for week ending February 1st

Cash was used to close on 27 homes this week at median price $474,125 with 76 days average market time, last week 23 homes this week at median price $410,000 with 79 days average market time.

Cash 020125 — Cash used to close for week ending February 1st

FHA financing was used to close on 17 homes this week at median price $322,000 with 44 days average market time, last week 10 homes at median price $314,950 with 108 days average market time.

FHA 020125 — FHA financing used to close for week ending February 1st

VA financing was used to close on 3 homes this week at median price $735,000 with 37 days average market time, last week 1 home at $365,500 with 46 days average market time.

VA 020125 — VA financing used to close for week ending February 1st

2,000 SF or more closed on 84 homes this week at median price $541,995 with 71 days average market time, last week 58 homes at median price $499,995 with 75 days average market time. Minimum price this week $239,900, last week $311,000.

2000 SF or more 020125 — 2,000 SF or more closed for week ending February 1st

Just under 65% of homes closed this week using conventional financing. Conventional financing and cash combined made up just over 84 %.

Under contract this week

Homes that went under contract this week are consistent. 155 this week compared to 160 the previous week.

Here re the communities that seller’s accepted the most contracts this week.

Aurora-19 Bolingbrook-20

Elgin-12 Naperville-19

Plainfield-24 St Charles-12

No short sales accepted by seller’s this week.

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 4 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 2 with 24 hours.

Under contract median price this week $409,990 with 61 days average market time, last week $417,450 with 52 days average market time.

Under contract stats 020125 — Under contract stats for week ending February 1st

2025 by the month and a look back at 2024 and 2023

2025

Month New Closed Under contract

January 588 570 652

2024

January 576 523 599

2023

January 483 326 470

This year we are ahead of the last couple of years. I hope it continues.

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.

If you are thinking about buying or selling a home here are some great guides to look at here. Scroll down to the guides.

You can also request a home valuation, sign-up for email alerts, and search for a home.

Other things you might be interested in down payment assistance and IHDA programs.

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

Fox Valley area of Illinois home prices February 1st. 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 area of Illinois home prices January 25th

Posted on January 25, 2025January 25, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices January 25th

Fox Valley area of Illinois home prices January 25th. It is a gorgeous sunny day today. 39 with highs this next week from 29-42 and lows from 14-34.

New listings this week are down. 103 this week compared to 138 the previous week.

Closed listing are down slightly. 96 this week compared to 109 the previous week.

See the communities this week with the most activity and their price ranges.

Aurora New-14 $199,900-$629,000

Closed-10 $145,000-$583,702

Elgin New-12 $280,000-$769,760

Closed-11 $255,000-$550,000

Naperville New-17 $415,000-$2,999,000

Closed-5 $435,495-$1,025,000

Plainfield New-18 $280,000-$665,000

Closed-14 $311,000-$595,000

Photo above shows other communities that also had activity this week and their price ranges.

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

Median list price this week $436,610, last week $429,900.

Closed median price this week $420,000, last week $424,786.

Stats 012525 — Stats for week ending January 25th

Conventional financing was used to close on 63 homes this week at median price $469,150 with 52 days average market time, last week 74 homes at median price $462,500 with 41 days average market time.

Conv 012525 — Conventional financing used to close for week ending January 25th

Cash was used to close on 23 homes this week at median price $410,000 with 79 days average market time, last week 18 homes at median price $307,500 with 38 days average market time.

Cash 012525 — Cash used to close for week ending January 25th

FHA financing was used to close on 10 homes this week at median price $314,950 with 108 days average market time, last week 13 homes at median price $350,000 with 79 days average market time.

FHA 012525 — FHA financing used to close for week ending January 25th

VA financing was used to close on 1 home this week at $365,500 with 46 days average market time, last week 3 homes at median price $560,000 with 49 days average market time.

VA 012525 — VA financing used to close for week ending January 25th

2,000 SF or more closed on 58 homes at median price $499,995 with 75 days average market time, last week 67 homes at median price $496,500 with 49 days average market time. Minimum price this week $311,000, last week $180,000.

2000 SF or more 012525 — 2,000 SF or more closed for week ending January 25th

Over 65% of homes closed this week using conventional financing. If you had cash to that it is over 89%. That doesn’t leave much room for FHA financing.

Under contract this week

Homes that went under contract this week are up slightly. 160 this week compared to 144 the previous week.

Here are the communities seller’s accepted the most contracts.

Aurora-25 Bolingbrook-22

Elgin-15 Naperville-16

Oswego-10 Plainfield-23

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

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

Also, seller’s accepted contracts thar 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.

That is only 8 out of 160 homes that went under contract that have a home contingency.

Under contract this week median price $417,450 with 52 days average, last week $398,750 with 50 days average market time.

Under contract stats 012525 — Under contract stats for week ending January 25th

2025 by the month

Month New Closed Under contract

January 459 431 497

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

At the end of each month we will also take a look back at 2024 and 2023 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.

Here are some consumer guides that might answer some of your questions from the National Association of REALTORS here. These are for either a buyer or seller. Scroll down to see the guides.

You can also click on these to take you to the information request a home valuation, sign-up for email alerts, search for a home, IHDA programs, and down payment assistance.

Also ask your lender to see if they have any programs that might help you.

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

Fox Valley area of Illinois home prices January 25th. 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 area of Illinois home prices January 18th

Posted on January 18, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices January 18th

Fox Valley area of Illinois home prices January 18th. 30 degrees and sunny today but it is sure is windy. This next week temperatures are going to take a dive in the beginning of the week. High’s from 8 degrees to 40. Low’s from -7 to 24 degrees.

New listing this week are consistent. 138 this week compared to 134 the previous week.

Closed listings are also consistent. 109 this week compared to 115 the previous week.

Here are the communities with the most activity this week.

Aurora New-13 $210,000-$815,000

Closed-10 $64,000-$480,000

Bolingbrook New-18 $220,000-$825,000

Closed-4 $267,000-$462,500

Elgin New-19 $224,900-$770,000

Closed-14 $210,000-$699,900

Naperville New-15 $379,000-$2,899,900

Closed-14 $445,000-$2,075,000

Plainfield New-19 $219,900-$865,990

Closed-18 $242,000-$955,000

St Charles New-18 $325,000-$6,950,000

Closed-4 $402,000-$1,150,600

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

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

Median list price this week $429,900, last week $448,250.

Closed median price this week $424,786, last week $432,450.

Stats 011825 — Stats for week ending January 18th

Conventional financing was used to close on 74 homes this week at median price $462,500 with 41 days average market time, last week 78 homes at median price $452,000 with 51 days average market time.

Conv 011825 — Conventional financing used to close for week ending January 18th

Cash was used to close on 18 homes this week at median price $307,500 with 38 days average market time, last week 24 homes at median price $425,000 with 68 days average market time.

Cash 011825 — Cash used to close for week ending January 18th

FHA financing was used to close on 13 homes this week at median price $350,000 with 79 days average market time, last week 10 homes at median price $401,500 with 52 days average market time.

FHA 011825 — FHA financing used to close for week ending January 18th

VA financing was used to close on 3 homes this week at median price $560,000 with 49 days average market time, last week 3 homes at median price $340,900 with 79 days average market time.

VA 011825 — VA financing used to close for week ending January 18th

2,000 SF or more closed on 67 homes this week at median price $496,500 with 49 days average market time, last week 73 homes at median price $524,900 with 48 days average market time. Minimum price this week $180,000, last week $314,900.

2000 SF or more 011825 — 2,000 SF or more closed for week ending January 18th

Over 67 percent of homes closed this week used conventional financing.

Homes that are priced right and in market-ready condition are still selling right away. You do not want to wait on them.

Prices and market time fluctuate with what is available and what condition the homes are in.

You really need to drill down to the location a home is in to see prices and market time.

Under contract this week

Homes that went under contract this week are up. 144 this week compared to 103 the previous week.

Here are the communities seller’s accepted the most contracts.

Aurora-22 Bolingbrook-12

Elgin-16 Naperville-19

Plainfield-21

Take a look at the photo above to see other communities with activity.

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

That is only 5 out of 144 that are contingent on either a closing or sale and closing. So it is hard to find the right seller that is willing to accept under these conditions.

Under contract median price this week $398,750 with 50 days average market time, last week $439,900 with 103 days average market time.

Under contract stats 011825 — Under contract stats for week ending January 18th

2025 by the month

Month New Closed Under contract

January 356 335 337

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 2024 and 2023 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.

Since August 17th rules have changed and we now have to have a buyer’s brokerage agreement signed before showing any homes. Information on this and other things related to buying and selling a home can be found at the National Association of REALTORS site here. Scroll down to see all the consumer resources.

Also check out down payment assistance, IHDA programs, request a home valuation, sign-up for email alerts, and search for a home.

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

Fox Valley area of Illinois home prices January 18th. Have an awesome week! Stay warm.

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 area of Illinois activity January 11th

Posted on January 11, 2025January 11, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois activity January 11th

Fox Valley area of Illinois activity January 11th. High temperatures for this next week will go from 16-43 degrees. Lows from 4-26. Winter will be with us for a while.

New listings this week are up. 134 this week compared to 84 the previous week.

Closed listings this week are consistent. 116 this week compared to 110 the previous week.

Here are the communities with the most activity this week.

Aurora New-13 $205,000-$695,000

Closed-12 $220,000-$1,025,000

Bolingbrook New-11 $199,900-$625,000

Closed-6 $298,000-$468,000

Elgin New-16 $246,995-$600,000

Closed-14 $135,000-$711,230

Naperville New-21 $434,900-$1,999,000

Closed-13 $415,000-$1,100,000

Oswego New-6 $349,900-$1,299,000

Closed-11 $327,500-$620,000

Plainfield New-19 $339,000-$929,000

Closed-13 $350,000-$826,000

See the picture above for the other communities that had activity and their price ranges.

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

Median list price this week $448,250, last week $427,450.

Closed median price this week $432,450, last week $425,000

Stats 011125 — Stats for week ending January 11th

Conventional financing was used to close on 78 homes this week at median price $452,000 with 51 days average market time, last week 82 homes at median price $442,500 with 37 days average market time.

Conv 011125 — Conventional financing used to close for week ending January 11th

Cash was used to close on 24 homes this week at median price $425,000 with 68 days average market time, last week 14 homes at median price $378,750 with 33 days average market time.

Cash 011125 — Cash used to close for week ending January 11th

FHA financing was used to close on 10 homes this week at median price $401,500 with 52 days average market time, last week 11 homes at median price $372,000 with 41 days average market time.

FHA 011125 — FHA financing used to close for week ending January 11th

VA financing was used to close on 3 homes this week at median price $340,900 with 79 days average market time, last week 2 homes at median price $550,625 with 35 days average market time.

VA 011125 — VA financing used to close for week ending January 11th

2,000 SF or more closed on 73 homes this week at median price $524,900 with 48 days average market time, last week 64 homes at median price $490,000 with 44 days average market time. Minimum price this week $314,900, last week $250,000.

2000 SF or more 011125 — 2,000 SF or more closed for week ending January 11th

67% or homes closed this week used conventional financing.

More than half of the homes closed this week were at least 2,000 SF or more.

Under contract this week

103 homes went under contract this week compared to 90 the previous week.

Communities with the most activity this week with seller’s accepting the most contracts.

Aurora-11 Elgin-12

Naperville-11 Plainfield-19

No short sales accepted this week.

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

Under contract this week median price $439,900 with 74 days average market time, last week $414,200 with 67 days average market time.

Under contract stats 011125 — Under contract stats for week ending January 11th

Activity is picking up now that we are past the holidays.

2025 by the month

Month New Closed Under contract

January 218 226 193

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 take a look back at 2024 and 2023 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.

Go to the NATIONAL ASSOCIATION OF REALTORS site Hereand scroll down until you see consumer resources for homebuyers and sellers for some good information that might be helpful to you.

Also

You can also ask your lender if they have any programs to help you.

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

Our contract to purchase is changing February 1st so be ready for us to spend extra time explaining it to you.

Fox Valley area of Illinois activity January 11th. Have an awesome week and stay warm!

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 4th

Posted on January 4, 2025January 4, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 4th

Fox Valley home prices January 4th. 23 degrees and sunny right now with clear skies. For the next week the highs will be between 25-31 degrees with the lows from 8-23 degrees. Winter has arrived. I hope all of you enjoyed bringing in the new year.

New listings almost doubled from last week. 84 new listings this week compared to 48 the previous week.

Closed listings are up. 110 this week compared to 76 the previous week.

2 weeks in a row with holidays really have the numbers off. Hopefully 2025 will bring more new listings in every price range so more people can participate in homeownership.

Here are the communities with the most activity this week.

Aurora New-14 $170,000-$699,900

Closed-11 $88,000-$650,000

Elgin New-14 $75,000-$629,990

Closed-8 $334,000-$750,000

Naperville New-7 $400,000-$995,900

Closed-16 $365,000-$1,736,335

Plainfield New-6 $335,000-$730,000

Closed-14 $291,000-$800,000

Other communities had activity. Please look at the photo above to see their price ranges.

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

Median list price this week $427,450, last week $429,945.

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

Stats 010425 — Stats for week ending January 4th

Conventional financing was used to close on 82 homes this week at median price $442,500 with 37 days average market time, last week 56 homes at median price $428,450 with 57 days average market time.

Conv 010425 — Conventional financing used to close for week ending January 4th

Cash was used to close on 14 homes this week at median price $378,750 with 33 days average market time, last week 12 homes at median price $382,500 with 36 days average market time.

Cash 010425 — Cash used to close for week ending January 4th

FHA financing was used to close on 11 homes this week at median price $372,000 with 41 days average market time, last week 5 homes at median price $370,000 with 98 days average market time.

FHA 010425 — FHA financing used to close for week ending January 4th

VA financing was used to close on 2 homes this week at median price $550,625 with 35 days average market time, last week 2 homes at median price $469,750 39 days average market time.

VA 010425 — VA financing used to close for week ending January 4th

2,000 SF or more closed on 64 homes this week at median price $490,000 with 44 days average market time, last week 45 homes at median price $487,000 with 67 days average market time. Minimum price this week $250,000, last week $295,000.

2000 SF or more 010425 — 2,000 SF or more closed for week ending January 4th

74.5% of homes closed using conventional financing this week. 58% of them were at least 2,000 SF or more.

Under contract this week

90 homes this week went under contract, last week 82. I hope this increases now that we are passed the last 2 weeks of short weeks because of the holidays.

Communities that seller’s accepted contracts this week.

Aurora-11 Elgin-11

Plainfield-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 1 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, 3 with 48 hours, and 1 with 24 hours.

That is only 11 homes out of 90 that have contingencies on the buyer closing or selling and closing on their current home.

Under contract median price this week $414,200 with 67 days average market time, last week $399,450 with 49 days average market time.

Under contract stats 010425 — Under contract stats for week ending January 4th

2025 by the month

Month New Closed Under contract

January 84 110 90

Next week will be the first full week of 2025.

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 also take a look back at 2024 and 2023 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.

We can no longer show any home until a buyer signs a buyer representative agreement. Everything is negotiable. You can go to nar.realtor/the-facts for more information. You need to scroll down and see all the guides there

Written buyer agreements
Open house and written agreements
Duty to put client interests above their own
What veterans need to know about buying a home
Offers of compensation
Negotiating written buyer agreements
Seller concessions
Multiple listing services
Fair housing
Listing agreements
10 questions to ask a buyer agent
10 questions to ask a seller agent
Buying your first home
Mortgages and financing
Steps between signing and closing
Agency and non-agency relationships
The appraisal process
Home inspections.

Please let me know what questions you have.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices January 4th. Happy New Year! Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 28th

Posted on December 28, 2024December 28, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 28th

Fox Valley home prices December 28th. 51 degrees and partly sunny today. Next week it will be a total different story. Highs ranging from 24 to 45 and lows from 13 to 34. Those new gloves and hats will come in handy for sure.

New listing this week are way down. 48 this week compared to 81 the previous week.

Closed listings are also way down. 76 this week compared to 194 the previous week.

Here are the communities with the most activity this week.

Aurora New-5 $235,000-$549,000

Closed-10 $95,000-$700,000

Elgin New-4 $325,900-$559,990

Closed-11 $95,900-$701,125

Plainfield New-13 $405,000-$601,990

Closed-9 $335,000-$717,989

Other communities had activity this week. Check the photo above for them and the price ranges.

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

Median list price this week $429,945, last week $412,700.

Closed median price this week $425,000, last week $410,000.

Stats 122824 — Stats for week ending December 28th

Conventional financing was used to close on 56 homes this week at median price $428,450 with 57 days average market time, last week 132 homes at median price $425,000 with 39 days average market time.

Conv 122824 — Conventional financing used to close for week ending December 28th

Cash was used to close on 12 homes this week at median price $382,500 with 36 days average market time, last week 29 homes at median price $365,000 with 39 days average market time.

Cash 122824 — Cash used to close for week ending December 28th

FHA financing was used to close on 5 homes this week at median price $370,000 with 98 days average market time, last week 23 homes at median price $325,000 with 28 days average market time.

FHA 122824 — FHA financing used to close for week ending December 28th

VA financing was used to close on 2 homes this week at median price $469,750 with 39 days average market time, last week 9 homes at median price $629,000 with 173 days average market time.

VA 122824 — VA financing used to close for week ending December 28th

2,000 SF or more closed on 45 homes this week at median price $487,000 with 67 days average market time, last week 114 homes at median price $520,000 with 52 days average market time. Minimum price this week $295,000, last week $205,000.

2000 SF or more 122824 — 2,000 SF or more closed for week ending December 28th

Over 73 percent of homes closed this week using conventional financing.

Under contract this week

Short and sweet this week with the holidays.

Homes that went under contract this week are down. 82 this week compared to 126 the previous week.

Aurora-15 Elgin-10

Plainfield-13

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

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

Median price of homes that went under contract this week $399,450 with 49 days average market time, last week $398,200 with 68 days average market time.

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

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 345 600 541

Totals 9600 8984 9492

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 249 497 363

Totals 7950 7828 8347

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 257 524 322

Totals 9477 9883 9871

New listings are better this year than the other 2 years. Closed listings are better than 2023 but not as good as 2022. Hopefully 2025 will be even better.

Contact us

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

Here is some information that might be helpful to you. Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices December 28th. Have an awesome New Year’s Eve! See you in 2025.

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 21st

Posted on December 21, 2024December 21, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 21st

Fox Valley home prices December 21st. 25 degrees and sunny today but it will get up to 50 by next Saturday.

New listings this week are down. 81 this week compared to 95 the previous week.

Closed listings this week are up. 194 this week compared to 171 the previous week.

Here are the communities with the most activity this week.

Aurora New-9 $80,000-$552,061

Closed-23 $217,000-$539,470

Bolingbrook New-9 $315,000-$726,068

Closed-11 $258,000-$945,331

Elgin New-5 $288,000-$574,990

Closed-22 $130,000-$624,990

Naperville New-5 $498,189-$1,649,900

Closed-22 $365,000-$1,675,000

Oswego New-1 $440,000

Closed-10 $354,990-$615,000

Plainfield New-17 $379,9990-$642,530

Closed-24 $299,000-$850,000

St Charles New-6 $325,000-$725,000

Closed-10 $300,000-$1,300,000

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

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

Median list price this week $412,700, last week $435,720.

Closed median price this week $410,000, last week $435,000.

Stats 122124 — Stats for week ending December 21st

Conventional financing was used to close on 132 homes this week at median price $425,000 with 39 days average market time, last week 131 homes at median price $435,000 with 55 days average market time.

Conv 122124 — Conventional financing used to close for week ending December 21st

Cash was used to close on 29 homes this week at median price $365,000 with 39 days average market time, last week 24 homes at median price $512,500 with 33 days average market time.

Cash 122124 — Cash used to close for week ending December 21st

FHA financing was used to close on 23 homes this week at median price $325,000 with 28 days average market time, last week 10 homes at median price $357,500 with 32 days average market time.

FHA 122124 — FHA financing used to close for week ending December 21st

VA financing was used to close on 9 homes this week at median price $629,000 with 173 days average market time, last week 4 homes at median price $438,750 with 98 days average market time.

VA 122124 — VA financing used to close for week ending December 21st

2,000 SF or more closed on 114 homes this week at median price $520,000 with 52 days average market time, last week 100 homes at median price $525,000 with 54 days average market time. Minimum price this week $205,000, last week $300,000.

2000 SF or more 122124 — 2,000 SF or more closed for week ending December 21st

Conventional financing continues to be the most used way to finance a home. Cash buyers are still 2nd in the way to close on a home.

Under contract this week

Homes that went under contract this week are the same amount as the week before. 126 both weeks.

Here are the communities that seller’s accepted the most contracts this week.

Aurora-17 Elgin-18

Naperville-14 Oswego-11

Plainfield-20

2 short sales were accepted by seller’s this week. Both of them were in Plainfield.

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 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 2 with 48 hours.

Median price of homes that went under contract this week $398,200 with 68 days average market time, last week $388,450 with 54 days average market time.

Under contract stats 122124 — Under contract stats for week ending December 21st

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 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 297 524 459

Totals 9552 8908 9410

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 take a look back at 2023 and 2022. Next week is the last full week of the year.

Contact us

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

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

Some lenders also have programs to help. You need to ask.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices December 21st. Have an awesome week! Merry Christmas and Happy Holidays to you!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101