Fox Valley home prices November 12th

Posted on November 12, 2022November 19, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 12th

Fox Valley home prices November 12th. It is starting to feel more like November. The temperatures are dropping and they are talking about snow.

We will update you on the list prices this week, closed, contracts accepted, 2022 by the month, and show you some great resources to check out.

New listings this week are down. 122 this week compared to 141 the previous week.

Closed listings were also down. 117 this week compared to 182 the previous week.

Aurora-New 18 $190,000-$650,990

Closed-18 $147,000-$628,000

Bolingbrook-New 10 $212,000-$525,000

Closed-9 $185,000-$540,000

Naperville-New 13 $419,000-$750,000

Closed-16 $142,500-$1,371,000

Plainfield-New 22 $279,900-$559,500

Closed-18 $275,000-$1,168,072

St Charles-New 7 $234,500-$849,000

Closed-11 $237,500-$680,00

We are highlighting the communities with the most activity. Look at the photo above to see other communities that had activity this week and their prices.

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

Median list price this week $375,000, last week $369,900.

Closed median price this week $358,000, last week $355,000.

Stats 111222 — Stats for week ending November 12th

Conventional financing was used to close on 76 homes this week at median price $375,806 with 40 days average market time, last week 118 homes with median price $375,525 with 44 days average market time.

Conv 111222 — Conventional financing used to close for week ending November 12th

Cash was used to close on 17 homes this week at median price $345,000 with 97 days average market time, last week 29 homes at median price $353,000 with 37 days average market time.

Cash 111222 — Cash used to close for week ending November 12th

FHA financing was used to close on 18 homes this week at median price $305,955 with 41 days average market time, last week 24 homes at median price $310,000 with 40 days average market time.

FHA 111222 — FHA financing used to close for week ending November 12th

VA financing was used to close on 3 homes this week at median price $385,000 with 5 days average market time, last week 9 homes at median price $355,000 with 79 days average market time.

VA 111222 — VA financing used to close for week ending November 12th

2,000 square feet or more closed on 66 homes at median price $459,995 with 48 days average market time, last week 93 homes at median price $455,000 with 48 days average market time. Minimum price this week $235,000, last week $237,000

2000 SF or more 111222 — 2,000 SF or more closed for week ending November 12th

Conventional financing continues to be the most used financing.

Contracts accepted this week

Contracts accepted this week were up. 133 this week compared to 119 the previous week.

Aurora-23 Bolingbrook-11

Geneva-10 Naperville-20

Plainfield-11 St Charles-12

2 short sales were accepted by seller’s this week. Both of them were in 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, 1 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, 1 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $359,660 with 59 days average market time, last week the median price was $379,900 with 51 days average market time.

Contingent Stats 111222 — Contingent Stats for week ending November 12th

2022 by the month

Month New Closed Contracts accepted

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

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 263 299 252

Totals 8909 8894 9177

Every Saturday we update the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also show you 2021 and 2020 so you can see how this year is going.

Resources

Click on everything that is bold and underlined and it will take you to the site for the information.

Check with your loan officer for the rate you will be offered. It depends on your credit score and a few other things. They will explain it to you.

With interest rates rising it is even more important to check out down payment assistance or asking for closing cost credit. Maybe you can buy down the interest rate. Another question for the loan officer.

You can find us on Facebook and also search for homes there by click on the “shop now” button. There is a down arrow that will allow you to choose different criteria for your search.

All data provided today is from our MLS, MRED, LLC. The data is continuously changing throughout the day everyday.

Contact us

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

Fox Valley home prices November 12th. 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 November 5th

Posted on November 5, 2022November 5, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 5th

Fox Valley home prices November 5th. It is the first week in November and the weather is still mild. We will show you the home prices in the most active communities in the Fox Valley area of Illinois. The financing most used to close a home, median prices, and 2022 by the month.

New listings this week were down. 141 this week compared to 152 the week previously.

Closed listings were up. 182 this week compared to 144 the week previously.

Aurora-New 24 $159,900-$585,000

Closed-28 $150,000-$725,000

Bolingbrook-New 10 $264,999-$619,995

Closed-19 $181,000-$775,000

Geneva-New 11 $300,000-$629,000

Closed-9 $310,000-$1,049,000

Naperville-New 25 $323,900-$3,000,000

Closed-24 $282,500-$1,196,000

Plainfield-New 15 $219,900-$595,000

Closed-25 $217,000-$946,746

St Charles-New $250,000-$825,000

Closed-18 $285,000-$2,500,000

Yorkville-New 12 $199,900-$794,900

Closed-7 $62,500-$575,000

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

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

Median list price this week $369,900, last week $389,999

Closed median price this week $355,000, last week $375,000.

Stats 110522 — Stats for week ending November 5th

Conventional financing was used to close on 118 homes at median price $375,525 with 44 days average market time, last week 89 homes at median list price $400,000 with 37 days average market time.

Conv 110522 — Conventional financing used to close for week ending November 5th

Cash was used to close on 29 homes at median price $353,000 with 37 days average market time, last week 24 homes at median price $390,00 with 24 days average market time.

Cash 110522 — Cash used to close for week ending November 5th

FHA financing was used to close on 24 homes at median price $310,000 with 40 days average market time, last week 19 homes at median price $298,900 with 38 days average market time.

FHA 110522 — FHA financing used to close for week ending November 5th

VA financing was used to close on 9 homes at median price $355,000 with 79 days average market time, last week 9 homes at median price $375,000 with 15 days average market time.

VA 110522 — VA financing used to close for week ending November 5th

2,000 SF or more closed on 93 homes at median price $455,000 with 48 days average market time, last week 88 homes at median price $464,994 with 35 days average market time. Minimum price this week $237,000, last week $200,000.

2000 SF or more 110522 — 2,000 SF or more homes closed for week ending November 5th