Fox Valley home prices October 12th
Fox Valley home prices October 12th. Today is the last day in the 70’s for a while. It will be in the 60’s this next week.
New listings this week are down slightly. 219 this week compared to 231 the previous week.
Closed listings are down. 168 this week compared to 209 the previous week.
Aurora-New 16 $139,900-$719,000
Closed-26 $169,000-$555,000
Batavia-New 12 $475,000-$719,907
Closed-2 $235,000-$324,000
Bolingbrook-New 14 $340,000-$1,395,000
Closed-4 $201,000-$341,000
Elgin-New 18 $195,000-$750,000
Closed-12 $124,000-$690,000
Naperville-New 28 $350,000-$1,599,000
Closed-25 $425,000-$1,750,000
Oswego-New 11 $295,000-$669,000
Closed-10 $261,000-$680,000
Plainfield-New 52 $245,000-$899,000
Closed-26 $275,000-$678,983
St Charles-New 13 $259,000-$1,350,000
Closed-12 $270,000-$785,000
Take a look at Plainfield!
These are the communities with the most activity this week. Other communities had activity as well. Take a look at their price ranges in the photo above.
Financing most used, median price ranges, and 2,000 SF or more
Median list price this week $460,000, last week $450,000.
Closed median price this week $431,500, last week $430,000.
Conventional financing was used to close on 125 homes this week at median price $450,000 with 30 days average market time, last week 155 homes at median price $449,000 with 28 days average market time.
Cash was used to close on 22 homes this week at median price $407,500 with 29 days average market time, last week 33 homes at median price $390,000 with 54 days average market time.
FHA financing was used to close on 13 homes this week at median price $329,999 with 30 days average market time, last week 14 homes at median price 325,000 with 24 days average market time.
VA financing was used to close on 6 homes this week at median price $312,500 with 22 days average market time, last week 6 homes at median price $497,500 with 14 days average market time.
2,000 SF or more closed on 101 homes this week at median price $525,000 with 35 days average market time, last week 128 homes at median price $520,000 with 39 days average market time. Minimum price this week $230,000, last week $253,000.
Under contract this week
Homes that went under contract this week are up. 191 this week compared to 177 the previous week.
Aurora-29 Bolingbrook-10
Elgin-15 Naperville-22
Plainfield-33 St Charles-16
Yorkville-12
No short sales were accepted by seller’s this week.
Seller’s accepted contracts that are contingent on the buyer closing on their current homes. 5 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 with a kick-out clause of 72 hours, 6 with 48 hours, and 2 with 24 hours.
Median price of homes that went under contract this week $420,321 with 43 days average market time, last week $440,000 with 44 days average market time.
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 450 377 368
Totals 8128 7166 7840
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 2023 and 2022 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.
Every week we post these resources for you to check out. Click on everything that is bold and underlined to take you to the information.
Here is information on my website for you to check out. Request 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 information.
Fox Valley home prices October 12th. Have an awesome week!
Kristine Heiman, Designated Managing Broker
SFR, SRS, SRES, AHWD
200 Webster St
Montgomery, IL 60538
630-503-6555 Ext 101