Fox Valley home prices August 3rd

Posted on August 3, 2024August 3, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 3rd

Fox Valley home prices August 3rd. Today and the next couple of days will be hot and in the 90’s. After that we will be in the 70’s. Relief is on it’s way!

New listings are consistent. 238 this week compared to 231 the previous week.

Closed listings are up. 296 this week compared to 204 the previous week.

Aurora-New 30 $200,000-$850,000

Closed-35 $202,500-$778,100

Batavia-New 10 $220,000-$829,000

Closed-14 $300,000-$1,425,000

Bolingbrook-New 16 $225,000-$575,000

Closed-18 $193,000-$610,000

Elburn-New 3 $419,900-$537,880

Closed-11 $375,000-$3,025,000

Elgin-New 27 $75,000-$742,480

Closed-26 $125,000-$740,000

Naperville-New 35 $429,900-$2,170,000

Closed-55 $340,000-$1,590,000

Plainfield-New 28 $300,000-$875,000

Closed-34 $285,000-$710,000

St Charles-New 14 $235,000-$1,500,000

Closed-19 $183,000-$3,075,000

Yorkville-New 10 $399,900-$850,000

Closed-8 $209,000-$680,526

Other communities had activity this week. Look at the photo above to see them and the price ranges.

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

Median list price this week $452,500, last week $459,000.

Closed median price this week $459,900, last week $468,500.

Stats 080324 — Stats for week ending August 3rd

Conventional financing was used to close on 223 homes this week at median price $490,000 with 23 days average market time, last week 163 homes at median price $485,000 with 30 days average market time.

Conv 080324 — Conventional financing used to close for week ending August 3rd

Cash was used to close on 46 homes at median price $422,500 with 20 days average market time, last week 21 homes at median price $393,000 with 32 days average market time.

Cash 080324 — Cash used to close for week ending August 3rd

FHA financing was used to close on 21 homes at median price $379,990 with 38 days average market time, last week 9 homes at median price $401,990 with 21 days average market time.

FHA 080324 — FHA financing used to close for week ending August 3rd

VA financing was used to close on 5 homes this week at median price $480,990 with 13 days average market time, last week 7 homes at median price $572,990 with 46 days average market time.

VA 080324 — VA financing used to close for week ending August 3rd

2,000 SF or more closed on 181 homes this week at median price $550,000 with 28 days average market time, last week 130 homes at median price $571,495 with 37 days average market time. Minimum price this week $280,000, last week $287,000.

2000 SF or more 080324 — 2,000 SF or more closed for week ending August 3rd

75% of homes closed this week used conventional financing. Only 7% used FHA financing. What type of financing you choose matters.

Under contract this week

Homes that went under contract this week are up. 244 this week compared to 202 the previous week.

Aurora-33 Bolingbrook-17

Elgin-23 Naperville-35

Oswego-11 Plainfield-25

St Charles-17

1 short sale was accepted this week by a seller. It was in Lake Holiday. 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 homes. 3 with a kick-out clause of 72 hours, 5 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. 1 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Under contract median price this week $419,900 with 42 days average market time, last week $449,900 with 26 days average market time.

Under contract stats 080324 — Under contract stats for week ending August 3rd

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

July 1173 1050 1094

Totals 5946 5197 5970

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 906

July 765 745 805

Totals 4908 4434 5267

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

July 955 932 908

Totals 6198 6116 6519

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

Contact us

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

Here is some great information for you to check out. Click on everything that is bold and underlined to take you to the site for the information.

On my website you canrequest home valuation, sign-up for email alerts, search for a home anytime.

All data used today was downloaded from our MLS, MRED, LLC. It changes throughout the day.

Fox Valley home prices August 3rd. 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 July 27th

Posted on July 27, 2024July 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 27th

Fox Valley home prices July 27th. Typical summer week ahead with temperatures in the 80’s.

New listings this week are consistent. 231 this week compared to 240 the previous week.

Closed listings are up slightly. 204 this week compared to 181 the previous week.

Aurora-New 33 $185,000-$799,000

Closed-23 $155,000-$855,000

Bolingbrook-New 10 $265,000-$499,900

Closed-12 $287,000-$960,919

Elgin-New 24 $215,000-$999,900

Closed-24 $136,000-$650,000

Naperville-New 33 $399,000-$3,799,000

Closed-32 $425,000-$1,300,000

Oswego-New 11 $340,000-$733,840

Closed-8 $425,000-$690,000

Plainfield-New 25 $275,000-$685,000

Closed-20 $338,000-$675,000

St Charles-New 13 $214,703-$695,000

Closed-14 $242,692-$1,045,000

Yorkville-New 12 $344,900-$789,900

Closed-5 $161,000-$610,000

Check out the other communities that had activity this week in the photo above and their price ranges.

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

Median list price this week $459,000, last week $479,000

Closed median price this week $468,500, last week $475,000.

Stats 072724 — Stats for week ending July 27th

Conventional financing was used to close on 163 homes at median price $485,000 with 30 days average market time, last week 135 homes at median price $486,000 with 21 days average market time.

Conv 072724 — Conventional financing used to close for week ending July 27th

Cash was used to close on 21 homes this week at median price $393,000 with 32 days average market time, last week 23 homes at median price $489,900 with 41 days average market time.

Cash 072724 — Cash used to close for week ending July 27th

FHA financing was used to close on 9 homes this week at median price $401,990 with 21 days average market time, last week 14 homes at median price $360,800 with 27 days average market time.

FHA 072724 — FHA financing was used to close for week ending July 27th

VA financing was used to close on 7 homes at median price $572,990 with 46 days average market time, last week 7 homes at median price $582,000 with 28 days average market time.

VA 072724 — VA financing used to close for week ending July 27th

2,000 SF or more closed on 130 homes at median price $571,495 with 37 days average market time, last week 116 homes at median price $582,000 with 28 days average market time. Minimum price this week $287,000, last week $235,000.

2000 SF or more 072724 — 2,000 SF or more closed for week ending July 27th

Conventional financing continues to be the financing to use to close. Cash continues to beat out FHA financing.

Under contract this week

Homes that went under contract this week are down slightly. 202 this week compared to 231 the previous week.

Aurora-25 Bolingbrook-18

Elgin-20 Naperville-37

Plainfield-18 St Charles-14

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 5 with 48 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, 3 with 48 hours, and 1 with 24 hours.

13 total from both of them is not too many out of 202 that received a contract this week.

Median price of homes that went under contract this week $449,900 with 26 days average market time, last week $425,000 with 30 days average market time.

Under contract stats 072724 — Under contract stats for week ending July 27th

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 935 754 850

Totals 5708 4901 5726

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.

Contact us

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

Take a look at these great resources. Click on everything that is bold and underlined to take you to the site for the information.

On my website you will find where you can request a home valuation, sign-up for email alerts, and 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 July 27th. 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 July 20th

Posted on July 20, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 20th

Fox Valley home prices July 20th. This week coming up looks to be a typical summer week with temperatures in the lower to mid 80’s.

New listings this week are down. 240 this week compared to 299 the previous week.

Closed listings are slightly down. 181 this week compared to 194 the previous week.

Aurora-New 28 $145,900-$890,000

Closed-24 $200,000-$924,900

Batavia-New 12 $229,990-$825,000

Closed-4 $442,000-$625,000

Bolingbrook-New 18 $240,000-$596,000

Closed-10 $216,200-$823,615

Elgin-New 26 $225,000-$675,000

Closed-18 $235,000-$695,000

Naperville-New 47 $390,000-$1,650,000

Closed-27 $445,000-$2,630,500

Plainfield-New 29 $325,900-$799,000

Closed-18 $305,000-$730,422

St Charles-New 10 $399,900-$1,899,000

Closed-17 $260,000-$1,212,500

We highlighted the communities with the most activity this week. Take a look at other communities and their price ranges in photo above.

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

Median list price this week $479,000, last week $470,000.

Closed median price this week $475,000, last week $467,000.

Stats 072024 — Stats for week ending July 20th

Conventional financing was used to close on 135 homes this week at median price $486,000 with 21 days average market time, last week 152 homes at median price $469,500 with 16 days average market time.

Conv 072024 — Conventional financing used to close for week ending July 20th

Cash was used to close on 23 homes this week at median price $489,900 with 41 days average market time, last week 23 homes at median price $475,000 with 28 days average market time.

Cash 072024 — Cash used to close for week ending July 20th

FHA financing was used to close on 14 homes this week at median price $360,800 with 27 days average market time, last week 10 homes at median price $318,450 with 14 days average market time.

FHA 072024 — FHA financing used to close for week ending July 20th

VA financing was used to close on 7 homes this week at median price $456,500 with 19 days average market time, last week 8 homes at median price $497,500 with 9 days average market time.

VA 072024 — VA financing used to close for week ending July 20th

2,000 SF or more closed on 116 homes this week at median price $582,000 with 28 days average market time, last week 125 homes at median price $525,000 with 21 days average market time. Minimum price this week $235,000, last week $237,000.

2000 SF or more 072024 — 2,000 SF or more closed for week ending July 20th

Cash continues to be used more than FHA financing this week. Conventional is still the number 1 way to close.

Under contract this week

Homes that went under contract this week are up. 231 this week compared to 188 the previous week.

Aurora-28 Bolingbrook-18

Elgin-22 Geneva-12

Montgomery-10 Naperville-29

Oswego-13 Plainfield-26

St Charles-13

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. 3 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, 3 with 48 hours, and 2 with 24 hours.

Median price of homes that went under contract this week $425,000 with 30 days average market time, last week $450,000 with 29 days average market time.

Under contract stats 072024 — Under contract stats for week ending July 20th

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 704 550 648

Totals 5477 4697 5524

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 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.

Check out some great resources. Click on everything that is bold and underlined to take you to the site for the information.

On my website you canrequest 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 July 20th. 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 July 13th

Posted on July 13, 2024July 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 13th

Fox Valley home prices July 13th. It is going to be a hot one today. The next few days will also be hot and they are calling for storms each day until Wednesday.

New listings this week are up. 299 this week compared to 165 the previous week.

Closed listings are also up. 194 this week compared to 175 the previous week. We did have a holiday week last week so it was not a full week of activity.

Aurora-New 30 $210,000-$645,000

Closed-15 $225,000-$1,050,000

Bolingbrook-New 19 $299,900-$785,398

Closed-16 $292,000-$600,000

Elgin-New 16 $214,900-$625,000

Closed-20 $205,000-$659,900

Geneva-New 11 $289,900-$949,000

Closed-7 $300,528-$585,000

Montgomery-New 10 $225,000-$449,000

Closed-5 $297,000-$450,000

Naperville-New 53 $329,900-$2,250,000

Closed-35 $373,000-$1,270,000

Oswego-New 13 $250,000-$699,900

Closed-8 $230,000-720,000

Plainfield-New 34 $325,000-$1,120,000

Closed-14 $305,000-$650,000

St Charles-New 22 $190,000-$2,495,000

Closed-10 $301,500-$899,000

Yorkville-New 20 $285,000-$800,000

Closed-10 $305,000-$563,000

We highlighted the communities with the most activity this week. Look at photo above to see activity in other communities and their price ranges.

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

Median list price this week $470,000, last week $474,995.

Closed median price this week $467,000, last week $460,000.

Stats 071324 — Stats for week ending July 13th

Conventional financing was used to close on 152 homes this week at median price $469,500 with 16 days average market time, last week 137 homes at median price $477,000 with 23 days average market time.

Conv 071324 — Conventional financing used to close for week ending July 13th

Cash was used to close on 23 homes this week at median price $475,000 with 28 days average market time, last week 18 homes at median price $397,500 with 36 days average market time.

Cash 071324 — Cash used to close for week ending July 13th

FHA financing was used to close on 10 homes this week at median price $318,450 with 14 days average market time, last week 15 homes at median price $368,700 with 21 days average market time.

FHA 071324 — FHA financing used to close for week ending July 13th

VA financing was used to close on 8 homes this week at median price $497,500 with 9 days average market time, last week 5 homes at median price $480,000 with 14 days average market time.

VA 071324 — VA financing used to close for week ending July 13th

2,000 SF or more closed on 125 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $530,000 with 26 days average market time. Minimum price this week $237,000, last week week $179,900.

2000 SF or more 071324 — 2,000 SF or more closed for week ending July 13th

78% of homes closed this week used Conventional financing. This trend is not changing. It has been consistent with the tight inventory.

Under contract this week

Homes that went under contract this week are down. 188 this week compared to 229 the previous week.

Aurora-30 Bolingbrook-10

Elgin-19 Naperville-27

Oswego-14 Plainfield-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 home. 3 with a kick-out clause of 72 hours, 2 with 48 hours, and 4 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, 2 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $450,000 with 29 days average market time, last week $429,630 with 30 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 464 369 417

Totals 5237 4516 5293

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.

Check out some great resources by clicking on everything that is bold and underlined that will take you to the information.

All data provided today is downloaded from our MLS, MRED, LLC.

Fox Valley home prices July 13th. 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 July 6th

Posted on July 6, 2024July 6, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 6th

Fox Valley home prices July 6th. I hope you are enjoying the 4th of July weekend. 80’s this week with a couple of days of rain.

New listings this week are way down. 165 this week compared to 269 the previous week.

Closed listings are also way down. 175 this week compared to 249 the previous week.

Aurora-New 24 $130,000-$1,200,000

Closed-20 $245,000-$845,000

Bolingbrook-New 5 $270,000-$465,000

Closed-11 $280,000-$875,000

Elgin-New 14 $189,900-$1,190,000

Closed-10 $282,000-$725,000

Naperville-New 23 $475,000-$2,299,900

Closed-30 $437,000-$1,600,000

Oswego-New 8 $349,900-$750,000

Closed-10 $285,000-$565,000

Plainfield-New 33 $325,000-$725,000

Closed-23 $322,000-$685,000

St Charles-New 9 $365,000-$1,295,000

Closed-16 $367,450-$907,500

These are the communities with the most activity this week. Other communities also had activity. You can see the price ranges in those communities in the photo above.

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

Median list price this week $474,995, last week $492,370.

Closed median prices this week $460,000, last week $474,625.

Stats 070624 — Stats for week ending July 6th

Conventional financing was used to close on 137 homes this week at median price $477,000 with 23 days average market time, last week 179 homes at median price $515,000 with 37 days average market time.

Conv 070624 — Conventional financing used to close for week ending July 6th

Cash was used to close on 18 homes this week at median price $397,500 with 36 days average market time, last week 42 homes at median price $448,151 with 23 days average market time.

Cash 070624 — Cash used to close for week ending July 6th

FHA financing was used to close on 15 homes this week at median price $368,700 with 21 days average market time, last week 19 homes at median price $332,000 with 36 days average market time.

FHA 070624 — FHA financing used to close for week ending July 6th

VA financing was used to close on 5 homes this week at median price $480,000 with 14 days average maket time, last week 7 homes at median price $440,000 with 39 days average market time.

VA 070624 — VA financing used to close for week ending July 6th

2,000 SF or more closed on 120 homes this week at median price $530,000 with 26 days average market time, last week 165 homes at median price $565,641 with 36 days average market time. Minimum price this week $179,900, last week $328,600.

2000 SF or more 070624 — 2,000 SF or more closed for week ending July 6th

78% of the homes closed this week used conventional financing. This is a holiday week so the overall numbers are down.

Under contract this week

Homes that went under contract this week are consistent even with the holiday. 229 this week compared to 233 the previous week.

Aurora-30 Elgin-24

Naperville-42 Oswego-14

Plainfield-25 St Charles-14

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. 3 with a kick-out clause of 72 hours, 3 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. 2 with a kick-out clause of 72 ours and 3 with 48 hours.

Median price of homes that went under contract this week $429,630 with 30 days average market time, last week $450,000 with 35 days average market time.

Under contract stats 070624 — Under contract stats for week ending July 6th

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 165 175 229

Totals 4938 4322 5105

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 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.

Here are some great resources for you to check out. Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices July 6th. Have an awesome week ahead!

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 June 29th

Posted on June 29, 2024June 29, 2024 by Kristine Heiman, Designated Managing Broker

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

Stats 062924 — Stats for week ending June 29th

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.

Conv 062924 — Conventional financing used to close for week ending June 29th

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.

Cash 062924 — Cash used to close for week ending June 29th

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.

FHA 062924 — FHA financing used to close for week ending June 29th

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.

VA 062924 — VA financing used to close for week ending June 29th

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.

2000 SF or more 062924 — 2,000 SF or more closed for week ending June 29th

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.

Under contract stats 062924 — Under contract stats for week ending June 29th

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.

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

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 22nd

Posted on June 22, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 22nd

Fox Valley home prices June 22nd. Another hot and humid day today then we will will go back to the mid 80’s.

New listings this week are down. 243 this week compared to 271 the previous week.

Closed listings are also down. 205 this week compared to 231 the previous week.

Aurora-New 29 $200,000-$860,000

Closed-23 $243,000-$740,000

Bolingbrook-New 20 $275,000-$850,000

Closed-13 $232,850-$530,000

Elgin-New 21 $200,000-$698,000

Closed-19 $169,900-$1,060,000

Geneva-New 8 $405,000-$995,000

Closed-12 $310,000-$998,500

Naperville-New 35 $395,000-$2,499,900

Closed-35 $430,000-$1,700,000

Oswego-New 12 $299,900-$700,000

Closed-7 $265,000-$590,000

Plainfield-New 44 $254,900-$1,799,999

Closed-28 $331,500-$930,000

St Charles-New 16 $311,000-$1,200,000

Closed-1 $360,150-$2,200,000

Check out the other communities that also had activity this week in the photo above.

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

Median list price this week $475,000, last week $485,000

Closed median price this week $475,000, last week $480,000.

Stats 062224 — Stats for week ending June 22nd

Conventional financing used to close on 153 homes this week at median price $490,000 with 23 days average market time, last week 165 homes at median price $492,000 with 34 days average market time.

Conv 062224 — Conventional financing used to close for week ending June 22nd

Cash was used to close on 33 homes this week at median price $485,000 with 17 days average market time, last week 37 homes at median price $520,000 with 40 days average market time.

Cash 062224 — Cash used to close for week ending June 22nd

FHA financing was used to close on 12 homes this week at median price $379,250 with 18 days average market time, last week 19 homes at median price $325,000 with 16 days average market time.

FHA 062224 — FHA financing used to close for week ending June 22nd

VA financing was used to close on 5 homes this week at median price $439,000 with 21 days average market time, last week 6 homes at median price $438,445 with 14 days average market time.

VA 062224 — VA financing used to close for week ending June 22nd

2,000 SF or more closed on 145 homes this week at median price $539,000 with 22 days average market time, last week 144 homes at median price $552,500 with 39 days average market time. Minimum price this week $175,000, last week $276,900.

2000 SF or more 062224 — 2000 SF or more for week ending June 22nd

A little over 74% of homes closed this week used Conventional financing and a little over 70% of homes were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent. 234 this week compared to 224 the previous week.

Aurora-28 Bolingbrook-19

Elgin-22 Naperville-35

Oswego-17 Plainfield-29

St Charles-21

2 short sales were accepted by seller’s this week. 1 in Aurora and 1 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, 4 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 and 3 with 48 hours.

That is only 12 out of 234 that went under contract that were contingent on either a closing or a sale and closing. Not many at all.

Median price of homes that went under contract this week $471,935 with 35 days average market time, last week $452,500 with 32 days average market time.

Under contract stats 062224 — Under contract stats for week ending June 22nd

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 1022 1075

June 740 657 685

Totals 4504 3918 4643

Contact us

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

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

Let us know if you are looking for any other information. We will point you in the right direction.

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

Fox Valley home prices June 22nd. 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 June 15th

Posted on June 15, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 15th

Fox Valley home prices June 15th. It is a gorgeous day today. It is going to be in the upper 80’s and low 90’s for the next week.

New listings this week are up. 271 this week compared to 226 the previous week.

Closed listings are consistent. 231 this week compared to 221 the previous week.

Aurora-New 25 $69,000-$799,900

Closed-18 $247,000-$763,500

Batavia-New 7 $430,000-1,295,000

Closed-10 $247,000-$805,000

Bolingbrook-New 18 $209,900-$715,068

Closed-16 $276,900-$640,000

Elgin-New 26 $160,000-$725,000

Closed-31 $79,900-$789,000

Geneva-New 8 $285,000-$674,900

Closed-14 $340,000-$1,600,000

Naperville-New 60 $449,000-$2,274,000

Closed-40 $430,000-$1,500,000

Oswego-New 12 $295,000-$619,900

Closed-9 $315,000-$662,390

Plainfield-New 43 $260,000-!,275,000

Closed-32 $345,000-$695,000

St Charles-New 17 $345,000-$1,740,000

Closed-12 $331,200-$785,000

Yorkville-New 12 $149,900-$759,900

Closed-10 $300,000-$620,000

Look at the other communities that had activity this week in the photo above. We just highlighted the ones with the most activity.

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

Median list price this week for the Fox Valley area of Illinois $485,000, last week $467,912.

Closed median price this week $480,000, last week $460,000.

Stats 061524 — Stats for week ending June 15th

Conventional financing was used to close on 165 homes this week at median price $492,000 with 34 days average market time, last week 173 homes at median price $470,990 with 28 days average market time.

Conv 061524 — Conventional financing used to close for week ending June 15th

Cash was used to close on 37 homes this week at median price $520,000 with 40 days average market time, last week 25 homes at median price $535,000 with 58 days average market time.

Cash 061524 — Cash used to close for week ending June 15th

FHA financing was used to close on 19 homes this week at median price $325,000 with 16 days average market time, last week 17 homes at median price $362,000 with 41 days average market time.

FHA 061524 — FHA financing used to close for week ending June 15th

VA financing was used to close on 6 homes this week at median price $438,445 with 14 days average market time, last week 6 homes at median price $360,000 with 36 days average market time.

VA 061524 — VA financing used to close for week ending June 15th

2,000 SF or more closed on 144 homes at median price $552,500 with 39 days average market time, last week 136 homes at median price $544,000 with 35 days average market time. Minimum price this week $276,900, last week $259,100.

2000 SF or more 061524 — 2000 SF or more homes closed for week ending June 15th

Until more homes come on the market or more homes are built in every price range I think we are going to see buyers use Conventional financing or cash to get their offer accepted. This week Conventional 165 + Cash 37 = 202 which represented 87% of the homes closed this week.

Under contract this week

Homes that went under contract this week are consistent. 224 this week compared to 227 the previous week.

Aurora-30 Bolingbrook-22

Elgin-19 Naperville-34

Plainfield-22 St Charles-18

3 short sales were accepted by seller’s this week. 1 each in Aurora, Naperville, and 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. 3 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, 2 with 48 hours, and 1 with 24 hours.

This is 11 homes out of 224 that went under contract that have a contingency of a home to close or sell and close.

Median price of homes that went under contract this week $452,500 with 32 days average market time, last week $449,900 with 31 days average market time.

Under contract stats 061524 — Under contract stats for week ending June 15th

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 497 452 451

Totals 4261 3693 4409

Numbers are going up each month. We are headed in the right direction.

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.

Contact us

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

Click on each item that is bold and underlined to take you to the site for the information.

Types of loans and the process
VA loans and the requirements
Down payment assistance – recently I saw help in Lake County Illinois
IHDA programs
Request a home valuation
Sign-up for email alerts
Search for a home anytime

If there is any other information you are looking for let us know and we will point you in the right direction.

Let us know if you would like to schedule a zoom meeting to ask questions and get started.

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

Fox Valley home prices June 15th. 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 June 8th

Posted on June 8, 2024June 8, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 8th

Fox Valley home prices June 8th. This is the first full week of June. Temperatures will range from the mid 70’s to upper 80’s this week.

New listings this week are consistent. 226 this week compared to 219 the previous week.

Closed listings are also consistent. 221 this week compared to 218 the previous week.

Aurora-New 35 $125,000-$729,900

Closed-21 $175,000-$1,025,000

Bolingbrook-New 14 $285,000-$675,000

Closed-14 $240,000-$1,280,000

Elgin-New 16 $249,000-$799,900

Closed-24 $238,000-$688,110

Geneva-New 10 $309,900-$2,975,000

Closed-8 $289,000-$725,000

Naperville-New 34 $459,900-$1,995,000

Closed-35 $360,000-$1,587,500

Oswego-New 10 $400,000-$717,900

Closed-6 $264,000-$530,000

Plainfield-New 24 $250,000-$695,900

Closed-25 $260,000-$624,757

St Charles-New 19 $300,000-$2,100,000

Closed-23 $246,000-$1,488,000

We highlighted the communities with the most activity this week. Look at photo above for communities that also had activity

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

Median list price this week $467,912, last week $479,900.

Closed median price this week $460,000, last week $447,500.

Stats 060824 — Stats for week ending June 8th

Conventional financing was used to close on 173 homes this week at median price $470,990 with 28 days average market time, last week 168 homes at median price $470,000 with 26 days average market time.

Conv 060824 — Conventional financing used to close for week ending June 8th

Cash was used to close on 25 homes at median price $535,000 with 58 days average market time, last week 27 homes at median price $500,000 with 29 days average market time.

Cash 060824 — Cash used to close for week ending June 8th

FHA financing was used to close on 17 homes at median price $362,000 with 41 days average market time, last week 15 homes at median price $365,000 with 42 days average market time.

FHA 060824 — FHA financing used to close for week ending June 8th

VA financing was used to close on 6 homes this week at median price $360,000 with 36 days average market time, last week 7 homes at median price $384,500 with 19 days average market time.

VA 060824 — VA financing used to close for week ending June 8th

2,000 SF or more closed on 136 homes this week at median price $544,000 with 35 days average market time, last week 141 homes at median price $545,000 with 29 days average market time. Minimum price this week $259,100, last week $235,000.

2000 SF or more 060824 — 2,000 SF or more closed for week ending June 8th

Not many closed this week used FHA.

Under contract this week

Homes that went under contract this week are slightly up. 227 this week compared to 194 the previous week.

Aurora-21 Bolingbrook-11

Elgin-29 Naperville-41

Plainfield-22 St Charles-19

1 short sale was accepted by a seller this week. It was in Waterman. 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. 1 each with a kick-out clause of 72, 48 and 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 and 5 with 48 hours.

One we don’t know the timing of the kick-out clause or if it is contingent on the closing or sale and closing.

Median price of homes under contract this week $449,900 with 31 days average market time, last week $469,585 with 32 days average market time.

Under contract stats 060824 — Under contract stats for week ending June 8th

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 226 221 227

Totals 3990 3462 4185

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.

Contact us

Call 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 there is any other information you are looking for.

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

Fox Valley home prices June 8th. 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 June 1st

Posted on June 1, 2024June 1, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 1st

Fox Valley home prices June 1st. No need to water garden or flowers today. It is raining. First part of the week it is going to be hot in the 80’s and then back to mid 70’s.

New listings this week are up slightly. 219 this week compared to 193 the previous week.

Closed listing are also slightly up. 218 this week compared to 188 the previous week.

Aurora-New 17 $195,000-$859,900

Closed-16 $175,000-$671,000

Bolingbrook-New 10 $334,900-$639,900

Closed-13 $285,000-$620,000

Elgin-New 21 $225,000-$1,695,000

Closed-25 $108,000-$626,000

Geneva-New 8 $430,000-$1.300,000

Closed-14 $260,000-$740,000

Naperville-New 43 $350,000-$2,625,000

Closed-38 $270,000-$1,630,000

Plainfield-New 27 $285,000-$699,900

Closed-32 $270,000-$942,000

St Charles-New 17 $200,000-$725,000

Closed-16 $272,000-$1,350,000

Yorkville-New 13 $295,000-$1,077,720

Closed-12 $384,990-$639,900

These are the communities with the most activity this week. Other communities also had activity. You can see the price ranges of those communities in the photo above.

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

Median list price this week $479,900, last week $455,000.

Closed median price this week $447,500, last week $464,950.

Stats 060124 — Stats for week ending June 1st

Conventional financing was used to close on 168 homes this week at median price $470,000 with 26 days average market time, last week 138 homes at median price $486,500 with 22 days average market time.

Conv 060124 — Conventional financing used to close for week ending June 1st

Cash was used to close on 27 homes this week at median price $500,000 with 29 days average market time, last week 38 homes at median price $437,500 with 24 days average market time.

Cash 060124 — Cash used to close for week ending June 1st

FHA financing was used to close on 15 homes this week at median price $365,000 with 42 days average market time, last week 10 homes at median price $316,000 with 23 days average market time.

FHA 060124 — FHA financing used to close for week ending June 1st

VA financing was used to close on 7 homes this week at median price $384,500 with 19 days average market time, last week 1 home at $500,000 with 6 days average market time.

VA 060124 — VA financing used to close for week ending June 1st

2,000 SF or more closed on 141 homes this week at median price $545,000 with 29 days average market time, last week 123 homes at median price $560,000 with 26 days average market time. Minimum price this week $235,000, last week $270,000.

2000 SF or more 060124 — 2,000 SF or more for week ending June 1st

Conventional financing + Cash = 89% of homes closed this week. Only 22 homes out of the 218 were FHA or VA. If your loan officer is pre approving you for FHA find out what you can do to change it to Conventional. See if it is credit score or what.

Under contract this week

Homes under contract this week are down slightly. 194 this week compared to 218 the previous week.

Aurora-27 Bolingbrook-12

Elgin-22 Naperville-32

Oswego-11 Plainfield-20

St Charles-11 Yorkville-11

No short sales were accepted this week by seller’s.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 5 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. 1 with kick-out clause of 48 hours and also 1 with 24 hours.

Median price of homes that went under contract this week $469,585 with 32 days average market time, last week $455,000 with 35 days average market time.

2024 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

Totals 3764 3241 3958

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

Totals 3113 2630 3556

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

Totals 3948 3775 4377

We are heading in the right direction for new listings but we still need more in every price range to meet buyer’s needs.

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

Contact us

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

Check our these great resources. Click on everything that is bold and underlined to take you to the information.

If you are looking for any other information please let us know and we will point you in the right direction.

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

Fox Valley home prices June 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