Fox Valley home price June 29th
Fox Valley home prices June 29th. It is going to be hot and humid today with a high of 89. This next week should be the high 70’s to mid 80’s. Summer is here!
New listings this week are up. 269 this week compared to 243 the previous week.
Aurora-New 31 $156,000-$740,000
Closed-29 $181,000-$854,000
Bolingbrook-New 12 $289,000-$680,000
Closed-9 $275,000-$530,000
Elgin-New 33 $219,900-$799,900
Closed-32 $150,100-$610,990
Geneva-New 9 $415,000-$1,250,000
Closed-15 $360,000-$1,375,000
Naperville-New 47 $439,000-$1,598,000
Closed-45 $335,000-$3,100,000
Oswego-New 14 $350,000-$749,900
Closed-10 $285,000-$700,000
Plainfield-New 31 $275,000-$1,150,000
Closed-21 $245,000-$1,000,000
South Elgin-New 7 $305,000-$985,000
Closed-11 $330,000-$590,826
St Charles-New 21 $315,000-$3,150,000
Closed-11 $280,000-$850,000
Check out the price ranges of other communities that also had activity this week in photo above.
Financing used, median prices, and 2,000 SF or more
Median list price this week $492,370, last week $475,000
Closed median price this week $474,625, last week $475,000
Conventional financing was used to close on 179 homes this week at median price $515,000 with 37 days average market time, last week 153 homes at median price $490,000 with 23 days average market time.
Cash was used to close on 42 homes this week at median price $448,151 with 23 days average market time, last week 33 homes at median price $485,000 with 17 days average market time.
FHA financing was used to close on 19 homes this week at median price $332,000 with 36 days average market time, last week 12 homes at median price $379,250 with 18 days average market time.
VA financing was used to close on 7 homes this week at median price $440,000 with 39 days average market time, last week 5 homes at median price $439,000 with 21 days average market time.
2,000 SF or more closed on 165 homes at median price $565,641 with 36 days average market time, last week 145 homes at median price $539,000 with 22 days average market time. Minimum price this week $328,600, last week $175,000.
Almost 72% of homes closed this week used Conventional financing. If you add in cash to conventional financing it is just under 89%.
Under contract this week
Homes that went under contract this week are consistent. 233 this week compared to 234 the previous week.
Aurora-26 Bolingbrook-14
Elgin-30 Geneva-11
Naperville-37 Plainfield-33
St Charles-12
1 short sale was accepted by a seller this week. It was in Naperville. Now it will be submitted to the lender to see if they will also accept.
Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 3 with 48 hours, and 2 with 24 hours.
Also, seller’s accepted contracts this week that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 6 with 48 hours, and 1 with 24 hours.
Under contract this week median price this week $450,000 with 35 days average market time, last week $471,935 with 35 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
Totals 4773 4147 4876
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
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
Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. Usually we do not do all 3 years every Saturday. Just at the end of each month.
Contact us
Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.
Check out some great resources. Click on everything that is bold and underlined and it will take you to the information. Let us know if you are looking for information not listed here.
- Types of loans and the process
- VA loans and the requirements
- Down payment assistance
- IHDA programs
- Request a home valuation
- Sign-up for email alerts
- Search for a home anytime
All data provided today is downloaded from our MLS, MRED, LLC. It changes throughout the day.
Fox Valley home prices June 29th. Have an awesome week!
Kristine Heiman, Designated Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101