I am very involved with our local association and that allows me to stay current in what is happening in the Fox Valley market and all things real estate. I have been licensed since 1981. The market and the way we do business has changed so much over the years. What hasn't changed is the excitement when you find the right home!
Fox Valley home prices August 26th. It has been a hectic 4 weeks. I will try to catch up. I will not have all the data I usually have for this week and the next.
New listings this week are down. 160 this week compared to 181 the previous week.
Closed listing are also down. 162 this week compared to 179 the previous week.
Aurora-New 23 $185,900-$650,000
Closed-27 $190,000-$799,000
Bolingbrook-New 14 $160,000-$550,000
Closed-10 $259,900-$575,000
Naperville-New 29 $400,000-$2,450,000
Closed-24 $339,000-$1,490,000
Plainfield-New 22 $220,000-$668,990
Closed-36 $230,000-$715,098
St Charles-New 12 $180,000-$2,200,000
Closed-13 $350,000-$811,200
Yorkville-New 11 200,000-$1,250,000
Closed-18 $232,000-$544,900
2023 by the month
MonthNewClosedUnder 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 705 764 721
Totals 5613 5198 6008
Under contract this week
Homes that went under contract this week are down. 162 this week compared to 179 the previous week.
Aurora-28 Bolingbrook-12
Naperville-33 Plainfield-15
St Charles-11
No short sales accepted by seller’s this week.
Seller’s accepted contract that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours and 3 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, 2 with 48 hours, and 1 with 24 hours.
Resources
Click on everything that is underlined and bold to take you to the site for the information.
If you are thinking about selling your home request a home valuationand we will also provide you with a net proceeds that shows you an estimate of expenses to sell. When a contract comes in we will update it when we know all the terms.
Looking for a home? Sign-up foremail alerts and you will receive listings as soon as they hit the market.
You can always search for a home anytime. You can also keep track of what is selling in your neighborhood.
All data is provided by our MLS, MRED, LLC.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Sorry we are late with this week’s information. We downloaded the information but were too busy to post it.
Fox Valley home prices August 26th. Have an awesome week!
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.
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 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.
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 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 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 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.
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.
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 median price for week ending August 19th
2023 by the month
MonthNewClosedUnder 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 valuationand 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.
Fox Valley home prices August 12th. It looks like a roller coaster with temps for the next couple of weeks. Highs range from 70-88 during the day and lows from 53-72 at night. Possible rain on Monday.
New listings are pretty consistent. 179 this week compared to 185 the previous week.
Closed listings are down. 176 this week compared to 211 the previous week.
Aurora-New 28 $187,500-$575,000
Closed-22 $127,500-$955,000
Bolingbrook-New 14 $255,000-$525,000
Closed-12 $233,000-$910,000
Naperville-New 38 $299,000-$2,999,995
Closed-29 $270,000-$1,700,000
Plainfield-New 18 $324,900-$845,000
Closed-25 $245,000-$1,117,561
St Charles-New 9 $275,000-$659,000
Closed-22 $150,000-$1,317,000
Yorkville-New 12 $275,000-$519,990
Closed-12 $305,000-$915,000
These are the communities with the most activity this week. Click on the photo above to see the price ranges of other communities that also had activity.
Financing used, median prices, and 2,000 SF or more
Median list price this week is the same as last week $449,900.
Closed listings this week $449,945, last week $442,000.
First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000. What a difference!
Stats for week ending August 12th
Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.
Conventional financing used to close for week ending August 12th
Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.
Cash used to close for week ending August 12th
FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.
FHA financing used to close for week ending August 12th
VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.
VA financing used to close for week ending August 12th
2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time. Minimum price this week $233,000, last week $245,000.
2,000 SF or more closed for week ending August 12th
Under contract this week
Homes under contract this week are consistent. 186 this week compared to 194 the previous week.
Aurora-35 Naperville-28
Plainfield-24 St Charles-13
Yorkville-11
1 short sale was accepted by a seller this week. It was in 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. 1 with a kick-out clause of 72 hours, 1 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 72 hours.
Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.
Under contract median price for week ending August 12th
2023 by the month
MonthNewClosedUnder 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 364 387 380
Totals 5272 4821 5667
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 looking for other information not here let us know. We will point you in the right direction.
If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell. Many factors go into this so we will update you when an offer comes in and we know all the terms agreed to.
You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for. You can also keep track of your neighborhood prices.
Fox Valley home prices August 5th. 70 and 80’s during the day and low to mid 60’s at night for the next couple of weeks. A few days of rain to look forward to.
New listings this week are down. 185 this week compared to 204 the previous week.
Closed listings are consistent. 211 this week compared to 212 the previous week.
Aurora-New 27 $134,900-$1,250,000
Closed-21 $99,544-$821,000
Bolingbrook-New 11 $254,500-$761,649
Closed-17 $237,000-$530,000
Geneva-New 6 $419,900-$720,000
Closed-10 $275,000-$1,315,000
Naperville-New 32 $349,900-$8,200,000
Closed-46 $370,000-$1,725,000
Oswego-New 13 $380,000-$552,407
Closed-8 $245,000-$1,250,000
Plainfield-New 24 $325,000-$667,500
Closed-36 $310,000-$880,000
St Charles-New 13 $299,900-$1,600,000
Closed-13 $231,000-$855,000
Yorkville-New 10 $269,900-$539,900
Closed-12 $260,000-$515,000
These are the communities with the most activity this week. Other communities had activity as well. Click on the photo above to see the price ranges. You just might find a price range that works for you.
Financing used, median prices, and 2,000 SF or more
Median list price this week $449,900, last week $449,945.
Closed median price this week $442,000, last week $432,500.
Stats for week ending August 5th
Conventional financing was used to close on 152 homes this week at median price $460,000 with 27 days average market time, last week 153 homes at median price $475,000 with 25 days average market time.
Conventional financing used to close for week ending August 5th
Cash used to close on 34 homes this week at median price $414,000 with 22 days average market time, last week 28 homes at median price $400,000 with 38 days average market time.
Cash used to close for week ending August 5th
FHA financing used to close on 18 homes this week at median price $368,950 with 9 days average market time, last week 19 homes at median price $339,900 with 30 days average market time.
FHA financing used to close for week ending August 5th
VA financing was used to close on 6 home this week at median price $347,500 with 43 days average market time, last week 12 homes at median price $417,244 with 30 days average market time.
VA financing used to close for week ending August 5th
2,000 Square feet or more closed on 145 homes at median price $515,000 with 27 days average market time, last week 134 homes at median price $552,666 with 34 days average market time. Minimum price this week $245,000, last week $250,000.
2,000 SF or more closed for week ending August 5th
72% of homes closed using Conventional financing.
Under contract this week
Homes under contract this week are slightly up. 194 this week compared to 185 the previous week.
Aurora-18 Bolingbrook-21
Geneva-10 Naperville-30
Oswego-13 Plainfield-30
St Charles-18 Yorkville-14
2 short sales were accepted by seller’s this week. 1 each in Bolingbrook and Plainfield. 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. 2 with a kick-out clause of 72 hours and 3 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 48 hours and 1 that does not let us know.
Homes that went under contract this week had a median price of $389,900 with 30 days average market time, last week $419,900 with 28 days average market time.
Under contract stats for week ending August 5th
2023 by the month
MonthNewClosedUnder 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 185 211 194
Totals 5093 4645 5481
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look at 2022 and 2021 so you have something to compare to.
Resources
Click on everything that is bold and underlined to take you to the site for the information.
If you would like to know what your home might sell for in today’s market request a home valuation and we will also provide you with an estimate of expenses to sell so you know what you might walk away with.
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.
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 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.
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 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 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 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.
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.
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 for week ending July 29th
2023 by the month and a look back at 2022 and 2021
2023
MonthNewClosedUnder 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.
Fox Valley home prices July 22nd. 80’s the next couple of weeks during the day and 60’s at night. Today and tomorrow are the only possible days for rain and that is only 50% or less both days.
New listings this week are down. 180 this week compared to 206 the previous week. We are heading in the wrong direction.
Closed listings this week were exactly the same as the previous week. 180 both weeks.
Aurora-New 15 $199,000-$699,900
Closed-26 $159,000-$658,059
Bolingbrook-New 5 $199,900-$550,000
Closed-13 $250,000-$600,000
Naperville-New 37 $349,000-$1,375,000
Closed-39 $270,000-$1,465,000
Plainfield-New 30 $225,000-$999,000
Closed-27 $165,000-$1,850,000
St Charles-New 16 $329,000-$875,000
Closed-10 $390,000-$1,375,000
Yorkville-New 13 $225,000-$597,000
Closed-10 $230,000-$541,200
Other communities had activity this week. Look at the photo above to see those communities. You just might find your price range in one of those places.
Financing used, median prices, and 2,000 SF or more
Median list price this week $434,750, last week $441,250.
Closed median price this week $431,500, last week $450,000
Median price went down slightly in both list and closed prices.
Stats for week ending July 22nd
Conventional financing was used to close on 132 homes this week at median price $448,750 with 55 days average market time, last week 129 homes at median price $487,500 with 26 days average market time.
Median price went down and days on market went up for this week.
Conventional financing used to close for week ending July 22nd
Cash was used to close on 22 homes this week at median price $359,687 with 29 days average market time, last week 28 homes at median price $457,500 with 29 days average market time.
Prices down almost $100,000 on median price with the same market time.
Cash used to close for week ending July 22nd
FHA financing was used to close on 13 homes this week at median price $335,000 with 17 days average market time, last week 18 homes at median price $403,732 with 34 days average market time.
Median price is down this week with less market time.
FHA financing used to close for week ending July 22nd
VA financing was used to close on 10 homes this week at median price $438,500 with 11 days average market time, last week 5 homes at median price $390,000 with 21 days average market time.
Number of homes doubled and median price went up with less average market time.
VA financing used to close for week ending July 22nd
2,000 square feet or more closed on 118 homes at median price $503,500 with 53 days average market time, last week 119 homes at median price $530,000 with 32 days average market time. Minimum price this week $250,000, last week $178,000.
Median price went down this week and market time went up. Minimum price went up.
2,000 SF or more for week ending July 22nd
Conventional financing again is the most used way to close this week.
Prices and days on market fluctuate with the type of home, condition and motivation of seller’s.
Under contract this week
Homes under contract this week went up slightly. 227 this week compared to 207 the previous week.
Aurora-41 Bolingbrook-18
Geneva-10 Naperville=32
Oswego-17 Plainfield-28
St Charles-13
These are the communities with the most homes that went under contract this week. Other communities had activity. Click on the photo above to see all the communities.
1 short sale was accepted by a seller this week. It was in Minooka. 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. 5 with a kick-out clause of 72 hours and 3 with 48 hours.
Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 3 with 48 hours.
Homes that went under contract this week had a median price of $414,900 with 30 days average market time, last week median price was $410,000 with 36 days average market time.
Homes under contract stats for week ending July 22nd
2023 by the month
MonthNewClosedUnder 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 561 533 620
Totals 4704 4222 5102
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 looking for information that I do not have below let me know and I will point you in the right direction.
Also, if you want to know an estimate of what your home is worth in today’s market and also an estimate of expenses to sell request a home valuationand we will get you this information.
You can also sign-up for email alerts if you are looking for a home. It will let you know when a home hits the market with the criteria and area you are looking for.
You can search for a home anytime you like.
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 July 22nd. Have an awesome week!
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.
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 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.
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 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 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 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.
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.
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 for week ending July 15th
2023 by the month
MonthNewClosedUnder 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 valuationso 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.
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.
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 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.
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 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 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 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.
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.
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 for the week ending July 8th
2023 by the month
MonthNewClosedUnder 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.
Fox Valley home prices July 1st. We should get much needed rain today and tomorrow. The next couple of weeks will be in the mid 80’s during the day and mid 60’s at night.
New listings this week are slightly down. 184 this week compared to 204 the previous week.
Closed listings are up. 258 this week compared to 164 the previous week.
Aurora-New 27 $184,900-$949,900
Closed-36 $197,000-$815,000
Batavia-New 6 $199,900-$769,000
Closed-11 $325,000-$905,000
Naperville-New 25 $300,000-$1,889,000
Closed-47 $325,000-$1,260,000
Plainfield-New 26 $160,000-$850,000
Closed-41 $216,000-$743,969
St Charles-New 11 $315,000-$1,350,000
Closed-22 $280,000-$1,265,000
West Chicago-New 1 $475,000
Closed 11 $209,900-$699,900
Yorkville-New 14 $245,000-$949,900
Closed-10 $342,500-$851,000
These are the price ranges of the communities with the most activity this week. Click on the photo above to see 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 $444,990, last week $439,450.
Closed median price this week $443,750, last week $435,000.
Stats for week ending July 1st
Conventional financing was used to close on 197 homes this week at median price $451,000 with 24 days average market time, last week 113 homes at $455,000 with 20 average market time.
Conventional financing used to close for week ending July 1st
Cash was used to close on 39 homes this week at median price $445,000 with 26 days average market time, last week 31 homes at median price $445,000 with 17 days average market time.
Cash used to close for week ending July 1st
FHA financing was used to close on 16 homes this week at median price $302,500 with 33 days average market time, last week 17 homes at median price $338,000 with 29 days average market time.
FHA financing used to close for week ending July 1st
VA financing was used to close on 5 homes this week at median price $350,000 with 10 days average market time, last week 3 homes at median price $335,000 with 14 days average market time.
VA financing used to close for July 1st
2,000 Square feet or more closed on 162 homes at median price $542,500 with 29 days average market time, last week 97 homes at median price $510,000 with 24 days average market time. Minimum price this week $272,000, last week $250,000.
2,000 SF or more closed for week ending July 1st
76% of homes closed this week used Conventional financing. FHA financing was used only 16 times out of 258 closed.
Under contract this week
Homes that went under contract this week were slightly up. 195 this week compared to 189 the previous week.
Aurora-22 Bolingbrook-25
Naperville-29 Plainfield-27
St Charles-17 Yorkville-14
3 short sales were accepted by seller’s this week. 2 were in Bolingbrook and 1 in Montgomery.
Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 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 with a kick-out clause of 72 hours and 3 with 48 hours.
Median price of homes that went under contract this week $412,000 with 24 days average market time, last week $420,000 with 30 days average market time.
Under contract for week ending July 1st
2023 by the month and a look back to 2019
2023
MonthNewClosedUnder 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
Totals 4143 3689 4482
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
Totals 5243 5184 5611
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
Totals 5641 6252 7409
2020
January 1105 566 858
February 1267 529 1024
March 1186 707 1079
April 648 786 775
May 1352 1010 1444
June 1232 908 1534
Totals 6790 4506 6714
2019
January 878 407 568
February 1032 463 832
March 1731 915 1375
April 1594 792 1307
May 1645 995 1280
June 1643 1253 1218
Totals 8523 4825 6580
In 2019 there were more than double the new listings as this year so far. Looking at 5 years you can see why the prices have increased.
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 usually look back at 2022 and 2021. In December we will go back to 2019 again so you can see the 5 years to compare.
Resources
Click on everything that is bold and underlined to take you to the site for the information.
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.
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 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.
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 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 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 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.
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.
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 for week ending June 24th
2023 by the month
MonthNewClosedUnder 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 valuationand 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 alertsand you will be emailed a listing as soon as it hits our MLS.
You can always search for a homeanytime 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!
