Fox Valley Market Update May 11 2019

Posted on May 11, 2019May 11, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 11 2019

Fox Valley market update May 11 2019. New single family homes listed this week are very consistent. 402 this week compared to 403 the week before., You can’t get more consistent than that! Spring market continues to be strong.

Year to date by the month of new listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-805

Closed listings of single family homes this week were lower than last week. 212 this week compared to 301 the week before. We are in the beginning of the month so this is to be expected. Closed listings will increase as we head to the end of the month.

Year to date by the month of closed listings of single family homes:

January-407
February-465
March-915
April-790
May so far-513

Take a look at the activity this week:

Aurora-New 48 $121,900-$995,000 Closed-36 $59,500-$433,000

Batavia-New 10 $229,000-$529,000 Closed-5 $165,000-$575,000

Bolingbrook-New 38 $137,900-$599,900 Closed-14 $136,500-$401,000

Geneva-New 23 $190,500-$1,299,000 Closed-3 $220,000-$320,000

Montgomery-New 25 $157,000-$320,400 Closed-5 $220,000-$297,000

Naperville-New 90 $244,000-$2,995,000 Closed-41 $130,000-$960,000

Oswego-New 19 $174,000-$549,900 Closed-13 $180,000-$416,903

Plainfield-New $40 $151,000-$549,900 Closed-27 $150,000-$727,000

Plano-New 10 $155,000-$316,000 Closed-4 $68,700-$244,000

St Charles/Campton Hills-New 35 $199,000-$1,349,000 Closed-16 $167,000-$772,000

West Chicago-New 10 $224,900-$400,000 Closed-6 $110,000-$540,000

Yorkville-New 13 $239,000-$364,900 Closed-6 $209,500-$335,000

Contract accepted this week

Contracts accepted this week were slightly off of the week before. 302 this week compared to 338 the week before. It was another rainy week. I don’t know if that contributed to it but we are tired of the rain. Next week it looks like only Wednesday will be raining, It is a good time to look at homes when it is raining though to see if there are any leaks or water in basements. So rain sometimes is a good time to look at homes.

Here are the communities that Sellers accepted the most contracts this week:

Aurora-35 Batavia-17 Bolingbrook-23 Geneva-12

Montgomery-12 Naperville-48 Oswego-23 Plainfield-33

St Charles/ Campton Hills-31 Yorkville-10

Year to date by the month of contracts accepted:

January-608
February-832
March-1,375
April-1,307
May so far-640

Short sales accepted are staying consistent. 4 this week compared to 3 the week before. Now they will be submitted to the lender to see if they will also accept as written. 1 each in Bolingbrook, Geneva, St Charles/Campton Hills and West Chicago.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing. 5 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether selling or buying a home.

Information to check out:

Now is a great time to sell or purchase a home. Many lenders are coming up with new loan programs and they also help out with down payment so it is good to check with them. They also help you with bringing up your credit score so you can hopefully get a better interest rate. Let us know what questions you have.

Fox Valley market update May 11 2019. Have a great week!

Kristine Heiman-Mananging Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out this search tool. If you click on the satellite view you can see where a home for sale is within a neighborhood, if it has a backyard or is fenced in. You can also see what else is for sale and the prices. Let us know how you like it.

Fox Valley Market Update May 4 2019

Posted on May 4, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019. New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before. We love a consistent market! If you can’t find a home in the community you are currently looking in with the price range you need. Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-403

Closed listings this week were way up. 301 this week compared to 208 the week before. Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days. Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

January-407
February-465
March-915
April-790
May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900 Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000 Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000 Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900 Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900 Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000 Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900 Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900 Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000 Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800 Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000 Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000 Closed-12 $187,000-$392,000

Contracts accepted this week

Contracts accepted by Sellers was up slightly this week. 338 this week compared to 311 the week before. We have had nothing but rain. It has not kept the Buyers away though. They know that they better look now or they will miss out on a property. You can’t sit back and wait for a better time.

Look at the communities that Sellers accepted the most contracts this week:

Aurora-45 Bolingbrook-20 Geneva-12 Montgomery-10

Naperville-58 North Aurora-14 Oswego-20 Plainfield-46

St Charles/Campton Hills-17 Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

January-608
February-832
March-1,375
April-1,307
May so far-338

So far this year March has been the best month over all. May is looking like the month to pass up March. We are off to a great start this month. Don’t sit back and wait. It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before. 3 both weeks. Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing. 3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

Contact us to update the market value on your home. We will provide you with a net proceeds that gives you and estimate of expenses to sell. We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might want to try this tool and see if you like it better for your search. You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood.

Fox Valley Market Update-April 27 2019

Posted on April 27, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update-April 27 2019

Fox Valley market update-April 27 2019. New listings of single family homes are up this week! 405 this week compared to 341 the week before. Great news for buyers that are having a hard time finding just the right home in the right location. There is more to choose from. If you are having a hard time finding a home in a certain location let us know. We will see what we can do.

Look at the activity so far for this year for New listings of home:

January-878
February-1,032
March-1,731
April so far-1,594

There is only 3 days left of the month so I do not think we will catch up to March totals.

Closed listings this week were exactly the same as the week before. 208 this week and also the week before. Monday and Tuesday will be busy with closings so that will bring up the total for the first week in May.

Closed listings for the year so far:

January-407
February-465
March-915
April so far-790

Take a look at the activity this week in the Fox Valley:

Aurora-New 46 $119,900-$1,250,000 Closed-28 $75,000-$414,000

Batavia-New 16 $239,900-$579,900 Closed-3 $214,000-$522,000

Bolingbrook-New 28 $173,900-$785,000 Closed-23 $129,150-$340,000

Geneva-New 17 $229,900-$995,000 Closed-12 $196,000-$545,000

Naperville-New 93 $259,900-$2,299,000 Closed-28 $300,000-$851,000

North Aurora-New 12 $184,900-$464,774 Closed-4 $215,000-$328,000

Oswego-New 25 $187,900-$749,000 Closed-11 $154,000-$437,900

Plainfield-New 44 $155,000-$1,300,000 Closed-25 $170,000-$399,000

St Charles/Campton Hills-New 32 $225,000-$899,900 Closed-13 $204,900-$755,000

Sycamore-New 11 $145,000-$499,900 Closed-7 $40,000-$339,900

Yorkville-New 18 $160,000-$455,000 Closed-11 $215,000-$499,990

Contracts Accepted this Week

Contracts accepted this week were down. 311 this week compared to 341 the week before.

Sellers accepted the most contracts in these communities this week:

Aurora-34 Batavia-11 Bolingbrook-19 Geneva-13

Montgomery-12 Naperville-47 Oswego-25 Plainfield-36

St Charles/Campton Hills-28 West Chicago-10 Yorkville-10

Look at the year so far:

January-608
February-832
March-1,375
April so far-1,307

It looks like March is the best month so far this year in the Fox Valley area.

Short sales this week were also down. 3 this week compared to 7 the week before. There was 1 each in Aurora, Bolingbrook and Plainfield accepted this week. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 5 with a kick-out clause o f72 hours, 18 with 48 hours and 5 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing. 1 with a kick-out clause of 72 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 Jefferey Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101 with any questions you have. Our goal is to negotiate price and terms that are best whether selling or purchasing a home.

If you are thinking about selling this year right now is the best time to sell. Don’t miss out on Spring market.

Are you thinking about purchasing? Your first step is to contact a loan officer to get pre-qualified so you know what type of loan and price range will work out best for you.

Resources to check out:

Fox Valley market update-April 27 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

Try out a different way to search for a home that lets you see where in the neighborhood the home is situated. Does it have a back yard? Is there anything else in the neighborhood for sale? What are the prices.

Fox Valley Market Update-April 20 2019

Posted on April 20, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update-April 20 2019

Fox Valley market update-April 20 2019. New listings of single family homes this week were way down. 341 this week compared to 433 the week before. This is most likely due the the holiday. They might want to wait for showings to start after the holiday because of going out of town or company coming into town.

New listings by the month so far:

January-878
February-1,032
March-1,731
April so far-1,189

Closings were slightly up this week. 208 this week compared to 174 the week before. We are getting closer to the end of the month so these numbers will rise as we head closer to the end of the month.

Closings by the month so far:

January-407
February-465
March-915
April so far-582

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

Aurora-New 48 $65,700-$609,600 Closed-35 $100,000-$395,000

Bolingbrook-New 27 $154,000-$389,900 Closed-12 $147,000-$365,000

Geneva-New 11 $185,000-$750,000 Closed-8 $255,000-$459,000

Naperville-New 55 $232,500-$1,999,000 Closed-44 $245,000-$1,080,000

Oswego-New 22 $190,000-$429,900 Closed-14 $190,000-$381,000

Plainfield-New 46 $159,900-$997,000 Closed-24 $132,500-$480,000

St Charles/Campton Hills-New 34 $189,000-$899,900 Closed-14 $151,000-$520,000

West Chicago-New 12 $200,000-$514,999 Closed-6 $235,000-$500,000

Yorkville-New 14 $210,000-$524,750 Closed-6 $214,900-$373,900

Contracts Accepted this Week

Contracts accepted this week were very consistent. 341 this week compared to 346 the week before. That is good news!

Contracts accepted so far by the month:

January-608
February-832
March-1,375
April so far-996

Fox Valley market is steadily improving. It is still a great time to get your home on the market!

Take a look at the communities that Sellers accepted the most contracts:

Aurora-36 Bolingbrook-25 Geneva-19

Montgomery-16 Naperville-73 Oswego-20

Plainfield-41 St Charles/Campton Hills-27 Yorkville-11

Short sales accepted by Sellers was slightly up this week. 7 this week compared to 5 last week. We are happy to see this numbers remain low. This week there were 3 accepted in Naperville, 2 in Aurora and 1 each in Bolingbrook and Sheridan.

Contracts were also accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing. 7 with a kick-out clause of 72 hours, 14 with 48 hours and 4 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing. 1 with a kick-out clause of 72 hours and 5 with 48 hours.

Contact us

Your first step if you are thinking about purchasing is to get in touch with a loan officer to get pre-qualified. They will let you know what price range you should stay in and what type of loan will work out best for you. If you have not considered buying a home because the rules have been too strict for your situation it is worth your time to call to see. New loans with assistance and no documentation loans are now available. Do you need a recommendation for a loan officer to contact? Just let us know and we will make some recommendations.

If this is the year you are thinking about selling now is the best time of the year to sell. We will update your market value and provide you with a net proceeds that shows an estimate of expenses so you know where you are at. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Resources to check out:

Fox Valley market update-April 20 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A new search tool that you should take a look at. I like this one because you can see a bird’s eye view and see if the home has a backyard, on a corner lot or what else is for sale in the neighborhood and the prices.

Fox Valley Market Update-April 13 2019

Posted on April 13, 2019April 13, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update-April 13 2019

Fox Valley market update-April 13 2019. Spring market is humming along. New listings of single family homes is up this week. 433 new homes on the market compared to 415 the week before.

April is usually the best month of the year to sell your home. Don’t miss out on this opportunity if you are thinking about making a move this year.

Take a look at the new listings of home so far this year:

January-878
February-1,032
March-1,731
April so far-848

Buyers that are looking to purchase a home over $200,000 have a good selection to choose from. Under that price is still kind of hard to find. You might need to expand the areas that you are looking at.

Closed listings of homes is down this week. 174 this week compared to 202 the week before. This is not unusual. The last week of the month is when you will see the most.

Look at the year so far of closed listings of homes:

January-407
February-465
March-915
April so far-374

If your home sold today you are looking at the end of May or beginning of June for a closing if the buyer is getting loan.

Here is the communities with the most activity this week and price range:

Aurora-New 47 $99,900-$995,000 Closed-33 $81,000-$499,900

Batavia-New 13 $209,900-$695,000 Closed-5 $199,900-$972,000

Bolingbrook-New20 $119,000-$449,000 Closed-13 $130,000-$400,000

Geneva-New 27 $279,108-$849,900 Closed-8 $314,000-$450,000

Montgomery-New 13 $160,000-$289,900 Closed-6 $165,000-$310,000

Naperville-New 115 $229,900-$2,500,000 Closed-30 $220,000-$1,130,000

Oswego-New 17 $227,000-$495,000 Closed-8 $235,000-$353,000

Plainfield-New 49 $129,000-$679,900 Closed-26 $175,000-$638,500

St Charles/Campton Hills-New 43 $139,900-$2,499,900 Closed-8 $187,000-$685,000

Sugar Grove-New 11 $199,900-$729,900 Closed-3 $190,000-$287,000

Sycamore-New 10 $140,000-$339,900 Closed-4 $61,000-$268,000

Yorkville-New 16 $214,900-$1,100,000 Closed-4 $177,000-$310,000

Contracts Accepted this Week

Contracts accepted by Sellers this week were up. 346 this week compared to 309 the week before. Buyers have more to choose from so these numbers will go up. Now is the time to get serious about looking for a home. Make sure you are pre-qualified and it is up to date. Your pre-qualification letter should be dated no more than 30 days or you will need to get it updated with your loan officer.

Here is a look at the numbers of the contracts that have been accepted so far this year:

January-608
February-832
March-1,375
April so far-655

Here are the communities that have had the most contracts accepted by Sellers this week:

Aurora-44 Batavia-10 Bolingbrook-31

Montgomery-15 Naperville-56 Oswego-22

Plainfield-52 St Charles/Campton Hills-34 Yorkville-11

Short sales this week were exactly the same as last week. 5 for both weeks. This week there were 2 each in Bolingbrook and St Charles/Campton Hills. 1 in Montgomery.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 5 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing. 3 with a kick-out clause of 72 hours, 1 with 48 hours and 2 with 24 hours.

Contact us

If you need recommendations for a real estate attorney, home inspector, loan officer or information about Radon we will be happy to provide ones we have successfully worked with.

Resources for you to check out:

Fox Valley Market update-April 13 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Here is a different search tool that will let you see a birds eye view of homes so you can see if it has a back yard, on a corner lot or what else is for sale in the neighborhood. Try it out and email us and let us know how you like it.