Fox Valley home prices April 1st

Posted on April 1, 2023April 1, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 1st

Fox Valley home prices April 1st. We had crazy winds and 65° last night and today it is cold and going down to 27°. Welcome to Spring!

New listings this week were consistent. 139 this week compared to 134 the previous week.

Closed listings were up. 172 this week compared to 131 the previous week.

Aurora-New 28 $175,000-$490,000

Closed-16 $152,000-$661,004

Bolingbrook-New 10 $264,900-$700,000

Closed-16 $171,799-$596,000

Montgomery-New 1 $239,900

Closed-11 $220,000-$379,900

Naperville-New 23 $365,000-$2,990,000

Closed-22 $335,000-$1,614,800

Oswego-New 7 $299,900-$1,395,000

Closed-16 $245,000-$1,600,000

Plainfield-New 25 $240,000-$649,900

Closed-31 $270,000-$650,000

new listing price 4 1 23 — New listings for week ending April 1st

closed listing price 4 1 23 — Closed listings for week ending April 1st

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

Median list price this week $395,000, last week $420,000.

Closed median price this week $391,950, last week $405,000.

Stats 040123 — Stats for week ending April 1st

Conventional financing was used to close on 116 homes this week at median price $412,495 with 49 days average market time, last week 90 homes at median price $417,500 with 50 days average market time.

Conv 040123 — Conventional financing used to close for week ending April 1st

Cash was used to close on 25 homes this week at median price $366,000 with 37 days average market time, last week 23 homes at median price $399,990 with 56 days average market time.

Cash 040123 — Cash used to close for week ending April 1st

FHA financing was used to close on 27 homes this week at median price $320,000 with 38 days average market time, last week 11 homes at median price $325,000 with 46 days average market time.

FHA 040123 — FHA financing used to close for week ending April 1st

VA financing was used to close on 3 homes this week at median price $400,000 with 102 average market time, last week 6 homes with median price $378,000 with 49 days average market time.

VA 040123 — VA financing used to close for week ending April 1st

2,000 square feet or more closed on 99 homes at median price $462,000 with 58 days average market time, last week 69 homes at median price $470,000 with 58 days average market time. Minimum price this week $270,000, last week $195,000.

2000 SF or more 040123 — 2,000 SF or more closed for week ending April 1st

About 67% of homes closed this week used Conventional financing and about 57% were 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent. 204 this week compared to 197 the previous week.

Aurora-35 Batavia-10

Bolingbrook-23 Naperville-28

Oswego-16 Plainfield-27

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 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. 2 with a kick-out clause o 48 hours.

Median prices of homes that went under contract this week $410,000 with 45 days average market time, last week median price $400,000 with 60 days average market time.

Under contract 040123 — Homes that went under contract for week ending April 1st

2023 by the month and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

Totals 1668 1410 1985

2022

January 422 492 623

February 523 520 724

March 734 904 890

Totals 1679 1916 2237

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

Totals 2097 2352 3062

New listings continue to decrease.

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

Resources

Click on each bullet point that is underlined to take you to the site for the information.

All data is provided by our MLS, MRED, LLC. The data changes throughout the day.

Contact us

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

Fox Valley home prices April 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 home prices March 25th

Posted on March 25, 2023March 25, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 25th

Fox Valley home prices March 25th. We had flurries this morning, but the rest of the week will be in the upper 40’s and up to 63 on Friday.

New listings are consistent. 134 this week compared to 137 the previous week.

Closed listings are also consistent. 131 this week compared to 137 the previous week.

Aurora-New 20 $169,000-$625,000

Closed-18 $140,000-$566,000

Bolingbrook-New 11 $249,900-$439,000

Closed-3 $315,000-$384,000

Naperville-New 33 $335,000-$1,450,000

Closed-25 $291,000-$1,000,000

Oswego-New 7 $190,000-$725,000

Closed-11 $200,000-$475,000

Plainfield-New 21 $250,000-$762,900

Closed-17 $285,000-$875,000

St Charles-New 10 $219,900-$2,100,000

Closed-10 $230,000-$860,000

new listing 3 25 23 — New listings for week ending March 25th

closed listing 3 25 23 — Closed listings for week ending March 25th

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

Median list price this week $420,000, last week $399,900

Closed median price this week $405,000, last week $360,000

Stats 032523 — Stats for week ending March 25th

Conventional financing was used to close on 90 homes this week with a median price $417,500 with 50 days average market time, last week 105 homes at median price $392,000 with 61 days average market time.

Conv 032523 — Conventional financing used to close for week ending March 25th

Cash was used to close on 23 homes this week at median price $399,990 with 56 days average market time, last week 15 homes at median price $280,000 with 41 days average market time.

Cash 032523 — Cash used to close for week ending March 25th

FHA financing was used to close on 11 homes this week at median price $325,000 with 46 days average market time, last week 13 homes at median price $265,000 with 48 days average market time.

FHA 032523 — FHA financing used to close for week ending March 25th

VA financing was used to close on 6 homes this week at median price $378,000 with 49 days average market time, last week 4 homes at median price $437,500 with 35 days average market time.

VA 032523 — VA financing used to close for week ending March 25th

2,000 square feet or more closed on 69 homes this week at median price $470,000 with 58 days average market time, last week 79 homes at median price $476,500 with 64 days average market time. Minimum price this week $195,000, last week $140,000.

Almost 69% of homes closed using Conventional financing.

Homes under contract this week

Homes that went under contract this week are up. 197 this week compared to 153 the previous week.

Aurora-35 Batavia-10

Bolingbrook-18 Geneva-10

Naperville-23 Oswego-13

Plainfield-27 Yorkville-10

One short sale was accepted this week. 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. 2 each with a kick-out clause of 72 hours, 48 hours and also 24 hours.

Also, sellers accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Seller accepted contingency 032523 — Seller accepted contingency for week ending March 25th

Median price of homes that went under contract this week $400,000 with 60 days average market time, last week median price $389,900 with 46 days average market time.

Under contract stats 032523 — Under contract stats for week ending March 25th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 416 386 522

Totals 1529 1238 1781

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 can see how this year is going.

Resources

Click on each bullet point to take you to the site for the information. Let us know if there is other information you are looking for. We will be happy to point you in the right direction.

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

Contact us

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

Fox Valley home prices March 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 home prices March 18th

Posted on March 18, 2023March 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 18th

Fox Valley home prices March 18th. We are back to winter today with it only in the 20’s. Next week we will be back in the upper 40’s and lower 50’s.

New listings are down. 137 this week compared to 145 the previous week.

Closed listings are up. 137 this week compared to 118 the previous week.

Aurora-New 18 $130,000-$495,000

Closed-25 $154,900-$630,698

Bolingbrook-New 9 $325,000-$801,500

Closed-14 $255,000-$655,000

Naperville-New 26 $339,900-$2,395,000

Closed-24 $355,000-$1,350,000

Plainfield-New 24 $265,000-$795,000

Closed-15 $317,500-$875,000

St Charles-New 5 $579,000-$999,900

Closed-10 $260,000-$689,517

NEW LISTING PRICE 3 18 23 (2) — New listings for the week ending March 18th

CLOSED LISTING PRICE 3 18 23 (2) — Closed listings for the week ending March 18th

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

Median list price this week $399,900, last week $412,000

Closed median price this week $360,000, last week $347,500.

Stats 031823 — Stats for week ending March 18th

Conventional financing was used to close on 105 homes this week at median price $392,000 with 61 days average market time, last week 91 homes at median price $380,000 with 59 days average market time.

Conv 031823 — Conventional financing used to close for week ending March 18th

Cash was used to close on 15 homes this week at median price $280,000 with 41 days average market time, last week 14 homes at median price $377,500 with 49 days average market time.

Cash 031823 — Cash used to close for week ending March 18th

FHA financing was used to close on 13 homes this week at median price $265,000 with 48 days average market time, last week 11 homes at median price $226,500 with 52 days average market time.

FHA 031823 — FHA financing used to close for week ending March 18th

VA financing used to close on 4 homes this week at median price $437,500 with 35 days average market time, last week 3 homes at median price $447,500 with 17 days average market time.

VA 031823 — VA financing used to close for week ending March 18th

2,000 square feet or more closed on 79 homes this week at median price $476,500 with 64 days average market time, last week 67 homes at median price $447,500 with 65 days average market time. Minimum price this week $140,000, last week $220,000.

2000 SF or more 031823 — 2,000 SF or more closed for week ending March 18th

Conventional financing continues to be the financing choice to use to get your offer accepted.

Homes under contract this week

Home under contract this week are down. 153 this week compared to 172 the previous week

Aurora-15 Naperville-32

Oswego-12 Plainfield-33

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 2 with 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.

seller accepted contingency — Seller accepted contracts with contingencies for week ending March 18th

Homes under contract this week had a median price $389,900 with 46 days average market time, last week median price $407,500 with 49 days average market time.

Under contract 031823 — Homes under contract for week ending March 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 282 255 325

Totals 1395 1107 1584

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.

Resources

Click on each bullet point to take you to the site for the information.

Let us know if there is other information that you are looking for. We will be happy to point you in the right direction.

All data used is from 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 March 18th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 11th

Posted on March 11, 2023March 11, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 11th

Fox Valley home prices March 11th. We are still on a rollercoaster with the temps. We have gone from Monday in the 60’s to snow.

New listings this week are up. 145 this week compared to 127 the previous week.

Closed listings are down. 118 this week compared to 144 the previous week.

Aurora-New 6 $195,000-$345,000

Closed-13 $148,000-$330,000

Bolingbrook-New 8 $299,900-$849,000

Closed-12 $220,000-$492,500

Naperville-New 28 $289,900-$2,390,000

Closed-21 $320,000-$1,225,000

Plainfield-New 29 $275,000-$766,255

Closed-17 $220,000-$609,873

Yorkville-New 10 $350,000-$695,000

Closed-7 $240,000-$519,900

Other communities had activity this week. Click on the photo above to see the price ranges in those communities.

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

Median list price this week $412,000, last week $400,000

Closed median price this week $347,500, last week $374,495.

Stats 031123 — Stats for week ending March 11th

Conventional financing was used to close on 91 homes at median price $380,000 with 59 days average market time, last week 99 homes at median price $401,000 with 50 days average market time.

Conv 031123 — Conventional financing used to close for week ending March 11th

Cash was used to close on 14 homes this week at a median price $377,500 with 49 days average market time, last week 16 homes at median price $355,000 with 36 days average market time.

Cash 031123 — Cash used to close for week ending March 11th

FHA financing was used to close on 11 homes this week at median price $226,500 with 52 days average market time, last week 21 homes at median price $300,000 with 77 days average market time.

FHA 031123 — FHA financing used to close for week ending March 11th

VA financing was used to close on 3 homes this week at median price $447,500 with 17 days average market time, last week 6 homes at median price $346,500 with 62 days average market time.

VA 031123 — VA financing used to close for week ending March 11th

2,000 square feet or more closed on 67 homes this week at median price $447,500 with 65 days average market time, last week 86 homes at median price $432,950 with 55 days average market time. Minimum price this week $220,000, last week $168,000.

2000 SF or more 031123 — 2,000 SF or more for week ending March 11th

77% of the homes closed used conventional financing. Almost 57% of the homes closed were at least 2,000 sf.

Under contract this week

Homes that went under contract this week are up. 172 this week compared to 147 the previous week.

Aurora-22 Bolingbrook-13

Naperville-34 Oswego-11

Plainfield-24 Yorkville-10

1 short sale was accepted by a seller this week. It was in Yorkville. 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 and 5 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 1 with 24 hours.

Median price of homes that went under contract this week $407,500 with 49 days average market time, last week $399,000 with 55 days average market time.

Under contract stats 031123 — Stats for homes that went under contract for week ending March 11th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 145 118 172

Totals 1258 970 1431

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 look back at 2022 and 2021 so you have something to compare to see how this year is going.

Resources

Click on each underlined bullet point to take you to the site for the information.

When you sign-up for email alerts you can receive an email as soon as a home hits the market so you don’t miss out on a thing. If you let us know what you are looking for we can also let you know about homes that are “coming soon” to the market.

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 March 11th. 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 March 4th

Posted on March 4, 2023March 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 4th

Fox Valley home prices March 4th. We just missed a big snow storm luckily. It went to the south and east of us. Temperatures are hovering around 40°. Monday will be the exception, it will be 60°, then back to the 40’s.

New listings this week were consistent. 127 this week compared to 120 the previous week.

Closed listings were up. 144 this week compared to 103 the previous week.

Aurora-New 17 $127,000-$579,900

Closed-19 $185,200-$615,000

Naperville-New 26 $339,900-$1,350,000

Closed-22 $375,770-$1,800,000

Oswego-New 11 $275,000-$625,000

Closed-11 $215,000-$623,000

St Charles-New 6 $449,800-$1,300,000

Closed-11 $215,000-$650,000

We highlighted the communities with the most activity. Click on the photo above to see activity in other communities and the price ranges.

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

Median list price this week $400,000, last week it was exactly the same $400,000.

Closed median price this week $374,495, last week $385,000.

Stats 030423 — Stats for week ending March 4th

Conventional financing was used to close on 99 homes this week with a median price $401,000 with 50 days average market time, last week 70 homes at median price $386,500 with 46 days average market time.

Conv 030423 — Conventional financing used to close for week ending March 4th

Cash was used to close on 16 homes this week with a median price $355,000 with 36 days average market time, last week 13 homes at median price $415,000 with 45 days average market time.

Cash 030423 — Cash used to close for week ending March 4th

FHA financing was used to close on 21 homes this week at median price $300,000 with 77 days average market time, last week 12 homes at median price $299,500 with 70 days average market time.

FHA 030423 — FHA financing used to close for week ending March 4th

VA financing was used to close on 6 homes this week at median price $346,500 with 62 days average market time, last week 8 homes at median price $465,000 with 46 days average market time.

VA 030423 — VA financing used to close for week ending March 4th

2,000 square feet or more closed on 86 homes this week at median price 432,950 with 55 days average market time, last week 63 homes at median price $450,000 with 58 days average market time. Minimum price this week $168,000, last week $245,000.

2000 SF or more 030423 — 2,000 SF or more closed for week ending March 4th

Conventional financing continues to be the financing to get accepted at just slightly over 68% of homes closed.

Almost 60% of homes closed are 2,000 SF or more in the Fox Valley area.

Under contract this week

Homes that went under contract this week are down. 147 this week compared to 166 the previous week.

Aurora-22 Bolingbrook-11

Naperville-17 Plainfield-25

St Charles-10

Click on the photo above to see the other communities that also had homes go under contract this week.

1 short sale was accepted by a seller this week. It was in Minooka. Now it will go to the lender to see if they will also accept.

A Seller accepted a contract that is contingent on the buyer closing on their current home. 1 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. 2 with a kick-out clause of 72 hours, 1 with 48 hours, and also 1 with 24 hours.

Median price of homes under contract this week $399,000 with 55 days average market time, last week median price $377,400 with 45 days average market time.

Under contract this week 020423 — Under contract for week ending March 4th

2023 by the month and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

Totals 1113 852 1259

2022

January 422 492 626

February 523 520 724

Totals 945 1012 1350

2021

January 543 649 829

February 561 604 778

Totals 1104 1253 1607

There were only 2 days this week that were in February. I decided to carry it over just in case they were the busiest 2 days of the week.

You will see that the number will steadily go up each month. Get with your loan officer to get approval before you miss out on your dream home. This needs to go with an offer. The seller will not accept without it in most cases, unless you have cash, and then you will need a letter from your bank showing that you have the funds available.

Check back with us every Saturday for the Fox Valley home prices.

Resources

Click on each bullet point to take you to the site for the information. If you are looking for any other information not list let us know and we will point you in the right direction.

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things they will explain to you.

All data is provided from 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 March 4th. 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 February 25th

Posted on February 25, 2023February 25, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 25th

Fox Valley home prices February 25th. Weather here in the Fox Valley area of Illinois is like being on a roller coaster. This next week we will go from 40° to 60° back to 40° again.

New listings are down. 120 this week compared to 169 the previous week.

Closed listings are up. 103 this week compared to 88 the previous week.

Aurora-New 16 $135,000-$710,000

Closed-10 $160,000-$701,000

Naperville-New 19 $450,000-$3,250,000

Closed-12 $345,000-$1,560,000

Plainfield-New 24 $220,000-$595,000

Closed-18 $234,000-$649,900

Yorkville-New 1 $669,000

Closed-10 $330,000-$550,500

Click on the photo above to see other communities that had activity this week. We are just highlighted the communities with the most activity.

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

Median list price this week $400,000, last week $399,990

Closed median price this week $385,000, last week $339,000.

Stats 022523 — Stats for week ending February 25th

Conventional financing was used to close on 70 homes this week at median price $386,500 with 46 days average market time, last week 61 homes at median price $335,000 with 65 days average market time.

Conv 022523 — Conventional financing used to close for week ending February 25th

Cash was used to close on 13 homes this week at median price $415,000 with 45 days average market time, last week 19 homes at median price $270,000 with 69 days average market time.

Cash 022523 — Cash used to close for week ending February 25th

FHA financing was used to close on 12 homes this week with median price $299,500 with 70 days average market time, last week 6 homes at median price $306,500 with 72 days average market time.

FHA 022523 — FHA financing used to close for week ending February 25th

VA financing was used to close on 8 homes this week at median price $465,000 with 46 days average market time, last week 1 homes $423,990 with 53 days average market time.

VA 022523 — VA financing used to close for week ending February 25th

2,000 square feet or more closed on 63 homes this week at median price $450,000 with 58 days average market time, last week 51 homes at median price $450,000 with 63 days average market time. Minimum price this week $245,000, last week $108,000.

2000 SF or more 022523 — 2,000 SF or more closed for week ending February 25th

Conventional financing continues to be the financing to use. We will see if lowering the MIP for FHA loans March 20th will have an impact. Stay tuned.

Under contract this week

Homes that went under contract this week are slightly up. 166 this week compared to 152 the previous week.

Aurora-27 Bolingbrook-11

Naperville-23 Oswego-15

Plainfield-24 Yorkville-11

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 72 hours and 3 with 48 hours.

Also, seller’s accepted contract that are contingent on the buyer selling and closing on their current home. 3 with a kick-our clause of 72 hours and 1 with 48 hours.

Homes that went under contract this week had a median price $377,400 with 45 days average market time, last week median price $391,950 with 54 days average market time.

Under contract 022523 — Under contract for week ending February 25th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 503 382 642

Totals 986 708 1112

Next week we will also take a look back at 2022 and 2021 so you can see how this year is going.

Resources

Click on each bullet point to take you to the site for the information.

Check with your loan officer for the interest rate you will be offered. Looking at the current rate is fine but you need to know what interest rate you will be offered. It depends on a few things. One of them is your credit score.

All data was provided by 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 February 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 home prices February 18th

Posted on February 18, 2023February 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 18th

Fox Valley home prices February 18th. New listings, closed listings, median prices, financing used to close, under contract, 2023 by the month, and some great resources.

New listings this week are up. 169 this week compared to 106 the previous week.

Closed listings are slightly up. 88 this week compare to 80 the previous week.

Aurora-New 24 $149,900-$749,000

Closed-16 $130,000-$520,458

Bolingbrook-New 10 $265,000-$674,900

Closed-8 $227,000-$330,000

Naperville-New 30 $275,000-$12,750,000

Closed-10 $290,000-$3,075,000

Oswego-New 12 $324,500-$1,299,000

Closed-7 $211,700-$455,000

Plainfield-New 25 $279,000-$683,910

Closed-16 $216,000-$635,968

Click on the photo above to see other communities with activity this week.

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

Median list price this week $399,990, last week $399,949.

Closed median price this week $339,000, last week $346,250.

Stats 021823 — Stats for week ending February 18th

Conventional financing used to close on 61 homes this week at median price $355,000 with 65 days average market time, last week 55 homes at median price $345,500 with 48 days average market time.

Conv 021823 — Conventional financing used to close for week ending February 18th

Cash was used to close on 19 homes this week with a median price of $270,000 with 69 days average market time, last week 13 homes at median price $435,000 with 34 days average market time.

Cash 021823 — Cash used to close for week ending February 18th

FHA financing was used to close on 6 homes this week at median price $306,500 with 72 days average market time, last week 8 homes at median price $242,500 with 50 days average market time.

FHA 021823 — FHA financing used to close for the week ending February 18th

VA financing was used to close on 1 house this week $423,990 with 53 days average market time, last week 4 homes at median price $487,000 with 48 days average market time.

VA 021823 — VA financing used to close for week ending February 18th

2,000 square feet or more close on 51 homes this week at median price $450,000 with 63 days average market time, last week 40 homes at median price $475,000 with 55 days average market time. Minimum price this week $108,000, last week $190,100

2000 SF or more 021823 — 2,000 SF or more closed for week ending February 18th

Conventional financing continues to be the financing to chose.

Homes under contract this week

Homes that went under contract this week are consistent. 152 this week compared to 159 the previous week.

Aurora-21 Naperville-31

Oswego-14 Plainfield-20

Click on the photo above to see other communities that seller’s accepted contracts this week.

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. 4 with a kick-out clause of 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. 5 with a kick-out clause of 48 hours and 2 with 24 hours.

Median price of homes that went under contract this week $391,950 with 54 days average market time, last week median price $369,900 with 58 days average market time.

Under Contract Stats 021823 — Under contract stats for week ending February 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 383 279 476

Totals 866 605 946

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 show you 2022 and 2021 so you can see how this year is going.

Resources

Click on each bullet point to take you to the information.

Check with your loan office to see what interest rate you will be offered. It depends on your credit score and other information they will provide to you.

All data provided today is from 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 February 18th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 11th

Posted on February 11, 2023February 11, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 11th

Fox Valley home prices February 11th. It feels like Spring! It was 46° today and getting into the lower 50’s this next week.

New listings this week were consistent. 106 this week compared to 108 the previous week.

Closed listings were down this week. 80 this week compared to 111 the previous week.

Aurora-New $163,000-$550,000

Closed-11 $220,000-$965,000

Naperville-New 25 $299,000-$1,699,000

Closed-12 $325,000-$1,250,000

Oswego-New 10 $250,000-$676,000

Closed-3 $340,000-$450,000

Plainfield-New 13 $299,900-$1,095,000

Closed-8 $190,100-$627,256

Click on the photo above to see other communities that had activity this week.

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

Median list price this week $399,949, last week $385,000

Closed median price this week $346,250, last week $352,335

Stats 021123 — Stats for week ending February 11th

Conventional financing was used to close on 55 homes this week at median price $345,500 with 48 days average market time, last week 81 homes at median price $385,000 with 63 days average market time.

Conv 021123 — Conventional financing used to close for week ending February 11th

Cash was used to close on 13 homes this week at median price $435,000 with 34 days average market time, last week 11 homes at median price $190,000 with 58 days average market time.

Cash 021123 — Cash used to close for week ending February 11th

FHA financing was used to close on 8 homes this week at median price $242,500 with 50 days average market time, last week 13 homes at median price $295,000 with 64 days average market time.

FHA 021123 — FHA financing used to close for week ending February 11th

VA financing was used to close on 4 homes this week at median price $487,000 with 48 days average market time, last week 6 homes at median price $428,750 with 59 days average market time.

VA 021123 — VA financing used to close for week ending February 11th

2,000 Square feet or more closed on 40 homes this week at median price $475,000 with 55 days average market time, last week 67 homes at median price $421,250 with 70 days average market time. Minimum price this week $190,000, last week $152,000.

2000 SF or more 021123 — 2,000 SF or more closed for week ending February 11th

Homes under contract this week

Homes under contract this week are just slightly down. 159 this week compared to 165 the previous week.

Aurora-24 Geneva-13

Naperville-18 Oswego-11

Plainfield-23 St Charles-10

3 short sales were accepted by seller’s this week. 1 each in Aurora, Bolingbrook, and West Chicago. 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. 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. 3 with a kick-out clause of 72 hours, and also 3 with 48 hours.

Median price of homes under contract this week $369,900 with 58 days average market time, last week median price $369,900 with 59 days average market time.

Under Contract 021123 — Median price of homes under contract for the week ending February 11th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 214 191 324

Totals 697 517 794

Resources

Click on each of the bullet points to take you to the site for the information. If you are looking for other information let us know and we will point you in the right direction.

Ask your loan officer what rate you will be offered. It depends on your credit score and other things that they will explain to you.

All data provided today is downloaded 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 February 11th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 4th

Posted on February 4, 2023February 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 4th

Fox Valley home prices February 4th. We still have snow on the ground. Not too much. We should hover around 40° starting today and through this next week.

New listings this week are down. 108 this week compared to 127 the previous week.

Closed listings are down slightly. 111 this week compared to 98 the previous week.

Aurora-New 8 $179,900-$325,000

Closed-17 $175,000-$674,000

Bolingbrook-New 9 $239,900-$479,900

Closed-11 $185,000-$420,000

Naperville-New 15 $299,900-$875,000

Closed-13 $297,999-$830,000

Plainfield-New 18 $219,900-$825,000

Closed-16 $140,000-$670,000

Yorkville-New 5 $399,900-$565,000

Closed-11 $311,500-$569,000

Click on the photo above to see other communities with activity this week.

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

Median list price this week $385,000, last week $399,990. (I had to go back in and download this a couple hours later so by then there were 3 more new listings added for this week.)

Closed listings median price this week $352,335, last week $387,950.

Stats 020423 — Stats for week ending February 4th.

Conventional financing was used to close on 81 homes this week at median price $385,000 with 63 days average market time, last week 72 homes at median price $429,250 with 45 days average market time.

Conv 020423 — Conventional financing used to close for week ending February 4th.

Cash was used to close on 11 homes this week at median price $190,000 with 58 days average market time, last week 14 homes at median price $304,762 with 40 days average market time.

Cash 020423 — Cash used to close for week ending February 4th.

FHA financing used to close this week on 13 homes at median price $295,000 with 64 days average market time, last week 10 homes at median price $328,795 with 91 days average market time.

FHA 020423 — FHA financing used to close for week ending February 4th.

VA financing was used to close on 6 homes this week at median price $428,750 with 59 days average market time, last week 3 homes at median price $433,500 with 64 days average market time.

VA 020423 — VA financing used to close for week ending February 4th.

2,000 SF or more closed on 67 homes at median price $421,250 with 70 days average market time, last week 61 homes at median price $480,000 with 62 days average market time. Minimum price this week $152,000, last week median price $309,500.

2000 SF or more 020423 — Homes that were at least 2,000 SF or more closed for week ending February 4th.

Homes under contract this week

Under contract this week were slightly up. 165 this week compared to 158 the previous week.

Aurora-24 Bolingbrook-18

Naperville-24 Oswego-12

Plainfield-25 Yorkville-11

Click on the photo above to see other communities that had homes that went under contract this week.

3 short sales were accepted this week by seller’s. 1 each in Bolingbrook, Montgomery, and Somonauk. Now they will go 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, 3 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, 4 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $369,900 with 59 days average market time, last week median price $387,450 with 68 hours average market time.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 108 111 165

Totals 591 437 635

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 2022 and 2021 so you have something to compare this year to.

Resources

Click on each of the bullet points to take you to the site for the information. Let us know if you are looking for other information and we will point you in the right direction.

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things that they will explain to you. Get all your financial information to them as quickly as you can, so they can get started on the approval process You might have things you have to work on and now is the time to do that before you find a home. Once this process is over you can be confident on the price range you are looking in.

Contact us

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

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

Fox Valley home prices February 4th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 28th

Posted on January 28, 2023January 28, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 28th

Fox Valley home prices January 28th. Winter has finally arrived in the Fox Valley this week. It has been snowing for the last 3 days. Not too much, just enough to cover the ground.

New listings this week are slightly down. 127 this week compared to 134 the previous week.

Closed listings this week are much higher. 98 this week compared to 69 the previous week.

Aurora-New 15 $149,900-$640,517

Closed-21 $130,000-$642,900

Elburn-New 10 $395,000-$1,295,000

Closed-2 $380,000-$415,000

Naperville-New 18 $300,000-$1,100,000

Closed-18 $280,000-$1,100,000

Oswego-New 10 $215,000-$475,000

Closed-3 $400,000-$500,000

Plainfield-New 24 $279,900-$875,000

Closed-7 $309,500-$649,285

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

Median list price this week $399,990, last week $389,990.

Closed median price this week $387,950, last week $335,000.

Fox Valley home prices January 28th-Stats

Conventional financing was used to close on 72 homes this week at median price $429,250 with 45 days average market time, last week 48 homes at median price $346,265 with 57 days average market time.

Conventional financing used to close for week ending January 28th

Cash was used to close on 14 homes this week at median price $304,762 with 40 days average market time, last week 10 homes at median price $309,000 with 40 days average market time.

Cash used to close for week ending January 28th

FHA financing was used to close on 10 homes this week at median price $328,795 with 91 days average market time, last week 9 homes at median price $269,900 with 39 days average market time.

FHA financing used to close for week ending January 28th

VA financing was used to close on 3 homes this week at median price $433,500 with 64 days average market time, last week 1 home at $450,000 with 76 days average market time.

VA financing used to close for week ending January 28th

2,000 square feet or more closed on 61 homes this week at median price $480,000 with 62 days average market time, last week 34 homes at median price $470,500 with 41 days average market time. Minimum price this week $309,500, last week $286,000.

2,000 SF or more closed for week ending January 28th

Conventional financing continues to be the best choice for financing.

Homes are staying on the market longer than they were, but if they are priced right, and in great condition they are still selling quickly. Fresh paint, deep cleaning, and getting rid of the clutter is your best bet for getting it sold right away. It makes it easier to be ready for showings and more appealing for buyers.

Homes under contract this week

Homes under contract this week are up. 158 this week compared to 122 the previous week.

Aurora-23 Bolingbrook-12

Naperville-26 Plainfield-17

Yorkville-10

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 also 1 at 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 also 1 at 48 hours.

Median price of homes under contract this week $387,450 with 68 days average market time, last week median price $379,900 with 64 days average market time.

Under contract this week 012823 — Under contract for week ending January 28th

2023 by the month and a look back at 2022 and 2021

2023

Month New Closed Under contract

January 483 326 470

2022

Month New Closed Under contract

January 422 492 623

2021

January 543 649 829

We did better than 2022 for New listings but below 2021. Closed and under contract are way behind 2022 and 2021. Hopefully we will continue to be ahead of last year for New listings. That will help to stabilize pricing.

Resources

Click on each of the bullet points that are bold and underlined to take you to the site for the information. If you are looking for information not listed here, let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that your loan officer will explain to you. They can also help you bring up your score if you need to.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day as information is uploaded.

Contact us

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

Fox Valley home prices January 28th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101