Fox Valley home prices August 20th

Fox Valley Home Prices April 23

Fox Valley home prices August 20th.  Busy time right now with everyone getting their kids back to school.

Every Saturday we are here to update you on the week with new listings, closed, contracts accepted, 2022 by the month, median prices and the financing used to get to closing.

New listing this week were down.  171 this week compared to 206 the previous week.

 Closed listings were up.  229 this week compare to 213 the previous week.

Fox Valley home prices August 20th

Aurora-New 21 $99,900-$824,900

             Closed-32 $177,000-$590,000

Bolingbrook-New 17 $189,900-$549,900

                      Closed-16 $195,000-$542,000

Geneva-New 5 $269,108-$595,000

              Closed-19 $234,900-$980,000

Naperville-New 33 $389,000-$1,849,000

                   Closed-48 $290,000-$1,500,000

Oswego-New 8 $250,000-$624,900

               Closed-12 $300,000-$581,660

Plainfield-New 25 $270,000-$615,000

                  Closed-19 $200,000-$621,180

St Charles-New 14 $165,000-$1,175,000

                   Closed-22 $245,000-$880,000

Yorkville-New 5 $249,900-$599,000

                 Closed-10 $280,000-$630,000

Median prices, financing used, and 2,000 SF or more

Median list price this week $397,500, last week $398,180.

Closed median price this week $390,000, last week  also $390,000

Stats 082022
Stats for week ending August 20th

Conventional financing was used to close on 177 homes this week at median price $399,990 with 22 days average market time, last week 155 homes at $433,000 median price with 18 days average market time.

Conv 082022
Conventional financing used to close for week ending August 20th

Cash was used to close on 21 homes this week at median price $400,000 with 22 days average market time, last week 28 homes at median price $330,000 with 28 days average market time.

Cash 082022
Cash used to close for week ending August 20th

FHA financing was used to close on 21 homes this week at median price $298,500 with 22 days average market time, last week 20 homes at median price $315,000 with 13 days average market time.

FHA 082022
FHA financing was used to close for week ending August 20th

VA financing was used to close on 8 homes this week at median price $407,500 with 30 days average market time, last week 9 homes at median price $333,000 with 18 days average market time.

VA 082022
VA financing used to close for week ending August 20th

2,000 square feet or more closed on 136 homes this week at median price $464,000 with 21 days average market time, last week 138 homes at median price $484,950 with 20 days average market time.  Minimum price this week $220,000, last week $110,000.

2000 SF or more 082022
2,000 SF or more for week ending August 20th

Contracts accepted this week

Contracts accepted this week were slightly up.  228 this week compared to 222 the previous week.

Fox Valley home prices August 20th-Contracts accepted this week

Aurora-34                            Bolingbrook-26

Naperville-29                      Plainfield-33

St Charles-15                       Yorkville-12

No short sales were accepted by seller’s this week

Sellers accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours, 8 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, 6 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $365,000 with 33 days average market time, last week median price $359,700 with 37 days average market time.

Contingent Stats 082022
Contingent Stats for week ending August 20th

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                      643        666            651

Totals                      6841       6782          7170

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 take a look back at 2021 and 2020 so you can see how this year is going.

Resources

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

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  They can help you work on your score if you need it.

If you need recommendations for loan officer, real estate attorney, or home inspector let us know and we can recommend a few of each and you can decide who you want to work with.

contact us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

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

Fox Valley home prices August 20th.  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 August 13th

Fox Valley Home Prices April 23

Fox Valley home prices August 13th.  We are now in the 2nd full week of August.  Some schools have started and others will start soon.

New listings this week are down.  206 this week compared to 266 the previous week.

Closed listings are also down.  213 this week compared to 224 the previous week.

Fox Valley home prices August 13th

Aurora-New 39 $150,000-$650,000

             Closed-29 $155,000-$790,000

Batavia-New 3 $265,000-$599,900

               Closed-10 $230,000-$657,500

Bolingbrook-New 13 $229,000-$559,000

                      Closed-9 $175,000-$538,000

Naperville-New 30 $359,900-$1,299,000

                   Closed-43 $273,000-$1,185,792

Oswego-New 11 $235,000-$559,500

               Closed-5 $385,000-$485,000

Plainfield-New 28 $279,900-$1,499,000

                  Closed-32 $275,000-$965,000

St Charles-New 18 $265,000-$2,980,000

                  Closed-12 $312,400-$720,000

Take a look at the photo above for other communities that had activity this week.

Median prices, financing used, and 2,000 SF or more

Median list price this week $398,180, last week $399,000

Closed median price this week $390,000, last week $407,500.

Stats 081322
Stats for week ending August 13th

Conventional financing was used to close on 155 homes this week with a median price $433,000 with 18 days average market time, last week 151 homes with median price $455,000 with 19 days average market time.

Conv 081322
Conventional financing used to close for week ending August 13th

Cash was used to close on 28 homes this week with median price $330,000 with 28 days average market time, last week 26 homes with median price $431,500 with 19 days average market time.

Cash 081322
Cash used to close for week ending August 13th

FHA financing was used to close on 20 homes this week with median price $315,000 with 13 days average market time, last week 38 homes with median price $300,000 with 27 days average market time.

FHA 081322
FHA financing used to close for week ending August 13th

VA financing was used to close on 9 homes with median price $333,000 with 18 days average market time, last week 7 homes with median price $350,000 with 22 days average market time.

VA 081322
VA financing used to close for week ending August 13th

Homes that were at least 2,000 square feet or more closed on 138 homes with median price $484,950 with 20 days average market time, last week 130 homes with median price $500,500 with 21 days average market time.  Minimum price this week $110,000, last week $238,000.

2000 SF or more 081322
2000 SF or more for week ending August 13th

Contracts accepted this week

Contracts accepted this week were up.  222 this week compared to 201 the previous week.

Fox Valley home prices August 13th-Contracts accepted this week

Aurora-31                           Bolingbrook-18

Montgomery-13                 Naperville-24

Oswego-10                         Plainfield-22

St Charles-22                      West Chicago-11

Yorkville-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.  4 with a kick-out clause o 72 hours, 5 with 48 hours, and 6 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours and 10 with 48 hours.

Median price of home that went under contract this week in the Fox Valley $359,700 with 37 days average market time, last week median price $364,900 with 32 ays average market time.

Contingent Stats 081322
Contingent stats for week ending August 13th

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                     472         437             423

Totals                     6670      6553           6942

Check back with us every Saturday for the real estate market update.  At the end of each month we will also look back at 2021 and 2020 so you can see how this year is going.

Resources

Click on each thing that is bold and underlined and it will take you to the site for the information.  If you are looking for any other information please let us know.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.

We make a few recommendations for loan officers, real estate attorney and home inspectors and you can decide who you want to work with.

All data provided is from our MLS.  MRED, LLC.  It continuously changes throughout the day as agents upload information.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Fox Valley home prices August 13th.  Have an awesome week!

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kriss New profile for FB 123121

Fox Valley home prices August 6th

Fox Valley Home Prices April 23

Fox Valley home prices August 6th.  Here we are in the first week of August already.  Time is flying by this year.  School will be starting in the next couple of weeks here.
We will show you the home prices for new listings, closed, contracts accepted, financing used and 2022 by the month in the communities here in the Fox Valley area of Illinois.  We will also show you some great resources to check out.  Let’s get started.
New listings this week are up.  266 this week compared to 218 the previous week.
Closed listings are down.  224 this week compared to 271 the previous week.

Fox Valley home prices August 6th

Aurora-New 30 $164,900-$675,000

             Closed-33 $161,000-$637,600

Batavia-New 3 $309,900-$575,000

               Closed-13 $235,000-$975,000

Bolingbrook-New 26 $215,000-$698,000

                      Closed-11 $245,000-$583,000

Montgomery-New 11 $195,000-$363,108

                       Closed-10 $155,000-$400,000

Naperville-New 53 $235,000-$2,200,000

                   Closed-37 $325,000-$2,400,000

Oswego-New 12 $260,000-$1,185,000

               Closed-12 $235,000-$595,000

Plainfield-New 33 $229,000-$949,000

                  Closed-33 $215,000-$659,000

St Charles-New 17 $250,000-$1,699,000

                  Closed-13 $328,000-$712,742

Yorkville-New 13 $99,900-$550,000

                Closed-5 $325,000-$682,000

These communities are the ones with the most activity this week.  Check with the photo above for other communities with activity.

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

Median list price this week $399,000, last week $389,900

Closed median price this week $407,500, last week $395,000.

Stats 080622
Stats for week ending August 6th

Conventional financing was used to close on 151 homes this week at median price $455,000 with 19 days average market time, last week 193 homes at median price $416,000 with 31 days average market time.

Conv 080622
Conventional financing used to close for week ending August 6th

Cash was used to close on 26 homes this week at median price $431,500 with 19 days average market time, last week 34 homes at median price $451,551 with 21 days average market time.

Cash 080622
Cash used to close for week ending August 6th

FHA financing was used to close on 38 homes this week at median price $300,000 with 27 days average market time, last week 37 homes at median price $269,000 with 18 days average market time.

FHA 080622
FHA financing used to close for week ending August 6th

VA financing used to close on 7 homes this week at median price $350,000 with 22 days average market time, last week 5 homes at median price $365,000 with 4 days average market time.

VA 080622
VA financing used to close for week ending August 6th

Homes that were at least 2,000 square feet or more closed on 130 homes at median price $500,500 with 21 days average market time, last week 156 homes at median price $507,450 with 29 days average market time.  Minimum price this week $238,000, last week $285,000.

2000 SF or more 080622
Homes closed at least 2,000 SF or more for week ending August 6th

Contracts accepted this week

Contracts accepted this week are down.  201 this week compared to 226 the previous week.

Fox Valley home prices August 6th-Contracts accepted this week

Aurora-33                                Bolingbrook-13

Elburn-11                                 Naperville-29

Oswego-12                              Plainfield-21

Yorkville-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.  2 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  4 with a kick-out clause of 72 hours, 8 with 48 hours, and 1 with 24 hours.

Median price of home that went under contract this week $364,900 with 32 days average market time, last week median price $373,450 with 31 days average market time.

Contingent Stats for week ending August 6th

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                          995       932               908

August                     266       224               201

Totals                     6504     6340            6720

Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2021 and 2020 so you can see how this year is going compared to the previous 2 years.

Resources

Click on anything that is bold and underlined to take you to the site for the information.  If there is something else you are looking for just let me know and I 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.  If you need to work on your score they can help you.

We can recommend a few options for you to choose for a real estate attorney, home inspector or loan officer.  Just let us know.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided is from our MLS.  MRED, LLC.  It is updated continuously throughout the day as agents upload their information.

Fox Valley home prices August 6th.  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

Kriss New profile for FB 123121

Fox Valley home prices July 30th

Fox Valley Home Prices April 23

Fox Valley home prices July 30th.  I hope you had a great week!  We are back to update you on the new listings, closed, contracts accepted, median prices, financing used, and 2022 by the month with a  look back at 2021 and 2020.

New listings this week were down.  218 this week compared to 277 the previous week.  Many are getting vacations in before school starts.

Closed listings this week are up.  271 this week compared to 241 the previous week.  The end of the month is when most buyers want to close.

Fox Valley home prices July 30th

Aurora-New 34 $165,000-$575,000

            Closed-35 $110,000-$625,000

Batavia-New 4 $305,000-$445,000

             Closed-12 $167,000-$969,900

Bolingbrook-New 15 $249,900-$649,000

                    Closed-21 $208,000-$640,000

Geneva-New 14 $370,000-$1,795,000

             Closed-15 $295,000-$1,775,000

Montgomery-New 6 $244,900-$399,000

                     Closed-10 $186,000-$365,000

Naperville-New 31 $385,000-$3,500,000

                  Closed-45 $359,900-$1,700,000

Oswego-New 13 $270,000-$620,000

              Closed-13 $280,000-$600,000

Plainfield-New 35 $194,900-$625,000

                Closed-35 $180,000-$1,069,527

St Charles-New 10 $300,000-$725,000

                  Closed-18 $230,000-$715,000

West Chicago-New 13 $185,000-$575,000

                       Closed-12 $275,000-$590,000

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

Median list price this week $389,900, last week $400,000

Closed median price this week $395,000, last week $405,200.

Stats 073022
Stats for week ending July 30th

Conventional financing was used to close on 193 homes this week at a median price $416,000 with 31 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.

Conv 073022
Conventional financing used to close for week ending July 30th

Cash was used to close on 34 homes this week at median price $451,551 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.

Cash 073022
Cash used to close for week ending July 30th

FHA financing was used to close on 37 homes this week at median price $269,000 with 18 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.

FHA 073022
FHA financing was used to close for week ending July 30th

VA financing was used to close on 5 homes this week at median price $365,000 with 4 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.

VA 073022
VA financing used to close for week ending July 30th

Homes that were at least 2,000 square feet or more closed on 156 homes at median price $507,450 with 29 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $285,000, last week $299,000.

2000 SF or more 073022
Homes that were at least 2,000 SF or more for week ending July 30th

Contracts accepted this week

Contracts accepted this week were down.  226 this week compared to 245 the previous week.

Fox Valley home prices July 30th-Contracts accepted this week

Aurora-28                           Bolingbrook-16

Geneva-12                           Montgomery-12

Naperville-28                      Oswego-11

Plainfield-32                       St Charles-17

Sycamore-10

1 short sale was accepted by a seller this week.  It was in Aurora.  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.  4 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.  5 with a kick-out clause of 48 hours.

Median list price of homes that went under contract this week $373,450 with 31 days average market time, last week median list price $385,000 with 33 days average market time.

Contingent Stats 073022
Contingent stats for week ending July 30th

2022 by the month and a look back at 2021 and 2020

2022

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               995        932                  908

Totals      6238    6116           6519

2021

January         543        649                  829

February       561         604                  778

March           993       1099                 1455

April            1006        926                 1387

May             1088       1288                 1289

June            1450       1686                 1671

July              1118       1182                  1210

Totals      6759    7434           8619

2020

January       1105         566                  858

February     1267         529                1024

March          1186         707                1079

April             648         786                  775

May             1352        1010                 1444

June            1232         908                 1534

July             1417        1453                 1852

Totals      8207     5959          8566

You can see how the new listings are less every year for the last 3 years.  That explains the price increases.  Check back with us every Saturday for the Fox Valley area of Illinois home prices.

Resources

Everything that is underlined and bold click on to go to the site for the information.  If there is information that you are looking for not listed below 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.  If you need to work on your score your loan officer can help you with that.

Getting approved for a loan before you even start looking is smart.  Find a lender that will put you through underwriting to get you approved.  You will be more confident in looking and will not be chewing your finger nails waiting to be approved a week before closing.

All data is downloaded this morning from our MLS.  MRED, LLC.  It is continuously updated throughout the day as agents enter information.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

We will guide you through the process.

Fox Valley home prices July 30th.  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

Kriss New profile for FB 123121

Fox Valley home prices July 23rd

Fox Valley Home Prices April 23

Fox Valley home prices July 23rd.  I apologize for being late 2 weeks in a row.  We will show you the home prices in the Fox Valley area of Illinois.  New listings, closed, median prices, financing used, contracts accepted, 2022 by the month, and some great resources for you to check out.

New listing this week were down.  243 this week compared to 277 the previous week.

Closed listings this week were consistent.  245 this week compared to 241 the previous week.

Fox Valley home prices July 23rd

Aurora-New 31 $170,000-$509,900

             Closed-31 $150,000-$600,000

Bolingbrook-New 17 $185,000-$502,000

                      Closed-20 $191,100-$774,900

Geneva-New 8 $325,000-$1,290,000

              Closed-13 $40,100-$1,100,000

Naperville-New 44 $350,000-$1,800,000

                   Closed-40 $300,000-$1,566,475

Oswego-New 18 $230,000-$498,000

               Closed-12 $255,000-$595,000

St Charles-New 18 $244,900-$1,400,000

                  Closed-15 $275,000-$913,000

Sycamore-New 12 $199,900-$679,000

                  Closed-6 $172,000-$466,000

West Chicago-New 12 $254,900-$669,900

                        Closed-8 $167,500-$875,000

Yorkville-New 10 $356,990-$639,000

                Closed-10 $225,000-$600,000

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

Median list price this week $394,950, last week $400,000

Closed median price this week $396,000, last week $405,200.

Stats 072322
Stats for week ending July 23rd

Conventional financing was used to close on 179 homes at median price $416,000 with 16 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.

Conv 072322
Conventional financing used to close for week ending July 23rd

Cash was used to close on 27 homes this week at median price $370,500 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.

Cash 072322
Cash used to close for week ending July 23rd

FHA financing used to close on 23 homes this week at median price $315,000 with 27 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.

FHA 072322
FHA financing used to close for week ending July 23rd

VA financing used to close on 15 homes at median price $378,000 with 18 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.

VA 072322
VA financing used to close for week ending July 23rd

Homes closed on 141 homes that were at least 2,000 square feet or more this week at median price $475,000 with 17 days average market time, last week 157 homes at median price $498,000 with 18 days average market time.  Minimum price this week $274,000, last week $299,000.

2000 SF or more 072322
2,000 SF or more homes closed for week ending July 23rd

Contracts accepted this week

Contract accepted this week were consistent.  247 this week compared to 245 the previous week.

Fox Valley home prices July 23rd-Contracts accepted this week

Aurora-37                        Bolingbrook-23

Geneva-17                        Montgomery-12

Naperville-43                   Oswego-13

Plainfield-29                     St Charles-14

No short sales were accepted 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, 4 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 home under contract this week $399,500 with 25 days average market time, last week median price $385,000 with 33 days average market time.

Contingent Stats 072322
Contingent Stats for week ending July 23rd

2022 by the month

Month         New   Closed   Contract 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                 777        661                 682

Totals       6020    5845          6293

Next week is the last week of the month so we will also look back at 2021 and 2020 so you can compare to see how this year is going.

Resources

Click on anything that is bold and underlined to go to the site for information.  If there is information not listed that you are looking for let us know so we can 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.  They can help you if you need to work on your score to bring it up.

We will provide you with a net proceeds when you request a home valuation that shows you an estimated of expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about purchasing a home get all your financial information to a loan officer that will put you through underwriting and get you approved subject to appraisal and title work. When you go looking at homes you will be more confident that you will be able to go through with the sale.  Seller’s will be more confident in accepting your offer.  It just makes sense.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data was downloaded yesterday from our MLS, MRED, LLC.  Data continuously changes throughout the day.

Fox Valley home prices July 23rd.  Have an awesome week!

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kriss New profile for FB 123121

Fox Valley home prices July 16th

Fox Valley Home Prices April 23

Fox Valley home prices July 16th.  I am late posting this blog post because I was enjoying time with my grandkids last week.  Data was downloaded Saturday morning like usual.  I give you the numbers instead of percentages so you can actually see the activity.  I will show you the new listings, closed listings, median prices, financing used, 2022 by the month and how many contracts were accepted by seller’s this week.  We will also show you some good resources you can use for information or help. 

New listings this week were up.  277 this week compared to 257 the previous week.

Closed listings were also up.  241 this week compared to 175 the previous week.

Fox Valley home prices July 16th

Aurora-New 38 $100,000-$749,900

            Closed-46 $153,000-$870,000

Bolingbrook-New 19 $234,900-$825,000

                   Closed-14 $275,000-$585,000

Geneva-New 10 $195,000-$699,000

            Closed-5 $456,000-$950,000

Montgomery-New 11 $215,000-$484,900

                     Closed-9 $230,000-$375,000

Naperville-New 59 $360,000-$6,000,000

                 Closed-46 $245,500-$1,500,000

Oswego-New 17 $240,000-$1,400,000

             Closed-15 $235,000-$528,419

Plainfield-New 33 $270,000-$875,000

                Closed-23 $255,500-$740,000

St Charles-New 17 $248,900-$950,000

                  Closed-23 $225,000-$1,275,000

West Chicago-New 10 $212,000-$950,000

                       Closed-7 $275,000-$528,000

These are the communities with the most activity.  Look at the picture above for other communities that also had activity but in smaller numbers.

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

Median list price this week$400,000, last week $415,000

Closed median price this week $405,200, last week $414,900.

Stats 071622
Stats for week ending July 16th

Conventional financing was used to close 175 homes this week at median price $430,000 with 20 days average market time, last week 120 homes at median price $440,000 with also 20 days average market time.

Conv 071622
Conventional financing used to close for week ending July 16th

Cash was used to close on 24 homes this week at median price $396,000 with 39 days average market time, last week also 24 homes at median price $402,500 with 31 days average market time.

Cash 071622
Cash used to close for week ending July 16h

FHA financing used to close on 28 homes at median price $317,500 with 13 days average market time, last week 22 homes at median price $325,000 with 22 days average market time.

FHA 071622
FHA financing used to close for week ending July 16th

VA financing was used to close on 13 homes at median price $399,900 with 16 days average market time, last week 8 homes at median price $407,500 with 9 days average market time.

VA 071622
VA financing used to close for week ending July 16th

Homes that were at least 2,000 square feet or more closed on 157 homes at median price $498,000 with 18 days average market time, last week 106 homes at median price $472,500 with 20 days average market time. Minimum price this week $299,000, last week $229,000.

2000 SF or more 071622
Homes 2,000 SF or more for week ending July 16th

Contracts accepted this week

Contracts accepted this week were up.  245 this week compared to 190 the previous week.

Fox Valley home prices July 16th-Contracts accepted this week

Aurora-37                          Bolingbrook-17

Naperville-49                     Oswego-12

Plainfield-32                      St Charles-15

No short sales were accepted by seller’s this week.  If you are having trouble you might be able to sell and not have to sell short in this market.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  5 with a kick-out clause of 72 hours, 2 with 48 hours, and 3 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 72 hours, 1 with 48 hours, and also 1 with 24 hours.

Median price for homes that went under contract this week $385,000 with 33 days average market time, last week median price $375,000 with 28 days average market time.

Contingent Stats 071622
Contingent Stats for week ending July 16th

 

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              534         416             435   

Totals      5777    5600       6046

It is still a tight market.  When new listings start to exceed closed by a wider margin prices will continue to rise.

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 look back at 2021 and 2020 so you can compare and see how this year is going.

Resources 
Click on anything that is highlighted and underlined to take you to the site for the information.  If there is other information that you are looking for just let us know so we can 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.  If you need to work on your score to bring it up they can help you with that.

We will provide you with a net proceeds when you request a home valuation.  This shows you the expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home get all your financial information together, and get it to your loan officer, so they can put you through underwriting so you can get approved before even looking at homes.  You will know that you qualify for the homes that you are looking at,  and the seller will not worry about accepting your offer knowing that you have already gone through the process.  As long as the home appraises out and title work is done it will close.  Waiting until a week before closing to find out you are approved is crazy.

Contact us
Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.
If you need recommendation for loan officers, real estate attorneys or home inspectors we can recommend a few and you choose who you want to work with.
All data is from our MLS.  MRED, LLC.  It was downloaded Saturday morning.  After the download the numbers change continuously throughout the day as agents upload their new listings, price changes, contract pending and closed homes.
Fox Valley home prices July 16th.  Have an awesome week!
Kristine Heiman, SRS, SFR, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Kriss New profile for FB 123121       

 Fox Valley home prices July 9th

Fox Valley Home Prices April 23

Fox Valley home prices July 9th.   We will update you on the prices, financing used, communities receiving the most contracts and show you 2022 by the month.

New listings this week are up.  257 this week compared to 207 the previous week.

Closed listings this week are way down.  175 this week compared to 344 the previous week.

Fox Valley home prices July 9th

Aurora-New 33 $174,900-$699,000

             Closed-25 $60,000-$607,500

Batavia-New 5 $299,900-$1,395,000

              Closed-11 $240,000-$599,500

Bolingbrook-New 26 $212,800-$850,000

                      Closed-11 $320,000-$545,000

Elburn-New 12 $334,900-$1,599,000

            Closed-7 $305,000-$700,000

Geneva-New 14 $269,900-$1,050,000

              Closed-10 $285,000-$705,000

Montgomery-New 13 $219,900-$410,000

                       Closed-6 $222,500-$331,000

Naperville-New 51 $299,900-$3,400,000

                   Closed-35 $360,000-$1,750,000

Plainfield-New 28 $244,900-$764,900

                 Closed-19 $280,000-$675,000

St Charles-New 13 $309,900-$1,199,000

                  Closed-15 $137,000-$674,041

Yorkville-New 13 $275,000-$525,000

                Closed-5 $250,000-$450,000

Other communities had activity.  You might want to check them out in the photo above.

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

Median list price this week $415,000, last week $404,900

Closed median price this week $414,900, last week $420,000

Stats 070922
Stats for week ending July 9th

Conventional financing was used to close on 120 homes this week with a median price $440,000 with 20 days average market time, last week 251 homes with median price $450,000 with 19 days average market time.

Conv 070922
Conventional financing used to close for week ending July 9th

Cash was used to close on 24 homes with a median price $402,500 with 31 days average market time, last week 46 homes with median price $399,000 with 17 days average market time.

Cash 070922

FHA financing was used to close on 22 homes with median price $325,000 with 22 days average market time, last week 37 homes at median price $327,500 with 17 days average market time.

FHA 070922
FHA financing used to close for week ending July 9th

VA financing was used to close on 8 homes at median price $407,500 with 8 days average market time, last week 7 homes at median price $428,000 with 17 days average market time.

VA 070922
VA financing used to close for week ending July 9th

Homes that were at least 2,000 square feet or more closed on 106 homes at median price $472,500 with 20 days average market time, last week 222 homes at median price $510,000 with 19 days average market time.  Minimum price for 2,000 square feet or more this week $229,800, last week $125,000.  What a difference a week makes!

2000 SF or more 070922
2,000 SF or more for week ending July 9th

Conventional financing continues to be the most accepted way seller’s are choosing which buyer’s to work with.  The majority of homes closed this week were 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week were down.  190 this week compared to 225 the previous week.

Fox Valley home prices July 9th-Contracts accepted this week

Aurora-30                          Bolingbrook-19

Naperville-28                     Oswego-13

Plainfield-24

These communities continue to be the most active communities.

No short sales were accepted by sellers 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, 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.  3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $375,000 with 28 days average market time, last week median price $400,000 with 23 days average market time.

Contingent Stats 070922
Contingent stats for week ending July 9th

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              257          175                  190

Totals      5500     5359          5801

It is still a very tight market with new listings.  Even with interest rates rising.  Some will need to adjust the price of home they are looking at.

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look at 2021 and 2020 so you can compare the 3 years to see how this year is going.

Resources

We give you these  resources every week.  Click on anything that is bold and underlined to take you to the site for more information.  If there is information that you are searching for not listed here please let us know and we will point you in the right direction.

Check with your loan officer for the rate you will be offered.  It depends on your credit score.  If you need to work on your credit score they can help you with that.

If you click on the home valuation and give us information about your home and what has been recently update we can let you know what it might sell for in today’s market.  We will also provide you with a net proceeds that shows you the expenses to sell.  This will be updated when an offer comes in so you can make a good decision.

Thinking about buying a home?  Get all your financial information together and get it to a loan officer so they can run you through underwriting and get you approved for a loan subject to appraisal and title update.  When you do this a seller will be confident that choosing your offer will be a good bet that it will close. 

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided today is from our MLS.  MRED, LLC.  It is continuously updated throughout the day as agents upload their new listings, price changes and contracts accepted.

Fox Valley home prices July 9th.  Have an awesome week!  Let us know how we can help you.

Kristine Heiman, AHWD, SRS, SRES, SFR

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

630-742-7730 Cell Phone

Kriss New profile for FB 123121

Fox Valley home prices July 2nd

Fox Valley Home Prices April 23

Fox Valley home prices July 2nd.  This week in addition to New listings, closed listings, contracts accepted, median prices we will also take a look back at 2021 and 2020 so you can see how this year is going.  The majority of this week was in June so we will count it in with June totals.

New listings this week were down significantly.  207 this week compared to 295 the previous week.

Closed listings this week were up significantly.  344 this week compared to 224 the previous week.  The end of the  month is when most buyer’s want to close.

Fox Valley home prices July 2nd

Take a look at the communities with the most activity this week:

Aurora-New 31 $125,000-$524,000

             Closed-39 $140,000-$555,000

Bolingbrook-New 21 $235,000-$589,000

                      Closed-34 $170,000-$780,005

Geneva-New 9 $320,000-$610,000

              Closed-15 $365,000-$690,000

Montgomery-New 3 $150,000-$399,900

                       Closed-13 $235,000-$370,000

Naperville-New 35 $369,000-$2,850,000

                  Closed-71 $325,000-$1,415,000

Oswego-New 17 $230,000-$482,990

               Closed-17 $345,000-592,500

Plainfield-New 26 $235,000-$749,900

                 Closed-45 $211,000-$702,590

St Charles-New 11 $270,000-$2,899,900

                  Closed-28 201,800-$2,300,000

West Chicago-New 4 $300,000-1,150,000

                       Closed-13 $148,000-$565,000

Yorkville-New 15 $309,000-$629,000

                Closed-7 $343,490-$530,000

You might want to look at communities with less activity.

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

Median list price this week $404,900, last week $425,000

Closed median price this week $420,000, last week $408,999

Stats 070222
Stats for week ending July 2nd

Conventional financing used to close 251 homes this week at median price $450,000 with 19 days average market time, last week 163 homes at median price $450,000 with 13 days average market time.

Conv 070222
Conventional financing used to close for week ending July 2nd

Cash was used to close on 46 homes at median price $399,000 with 17 days average market time, last week 24 homes at median price $405,999 with 16 days average market time.

Cash 070222
Cash used to close for week ending July 2nd

FHA financing was used to close on 37 homes at median price $327,500 with 17 days average market time, last week 27 homes at median price $306,050 with 11 days average market time.

FHA 070222
FHA financing used to close for week ending July 2nd

VA financing was used to close 7 homes at median price $428,000 with 17 days average market time, last week 9 homes at median price $365,000 with 14 days average market time.

VA 070222
VA financing used to close for week ending July 2nd

Homes that were at least 2,000 square feet or more closed on 222 homes this week at median price $510,000 with 19 days average market time, last week 131 homes with median price $516,000 with 13 days average market time. Minimum price this week was $125,000, last week $175,000.

2000 SF or more 070222
Homes closed that were at least 2,000 SF or more for week ending July 2nd

Contracts accepted this week

Contracts accepted this week were down.  225 this week compared to 256 the previous week.

Fox Valley home prices July 2-Contracts accepted this week

Look at the communities seller’s accepted the most contracts this week:

Aurora-41                           Batavia-10

Bolingbrook-18                   Geneva-12

Naperville-28                     Oswego-15

Plainfield-23                      St Charles-21

No short sales were accepted by sellers this week.

Seller’s accepted contracts this week that were contingent on the buyer closing on their current home.  4 with a kick-out clause of 72 hours, 7 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 also 2 with 48 hours.

Median price of homes that went under contract this week $400,000 with 23 days average market time, last week $375,000 with 22 days average market time.

Contingent Stats 070222

2022 by the month and a look back at 2021 and 2020

2022

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

Totals            5234    5184          5611

2021

January                  543        649                 829

February                561         604                 778

March                    993       1099                1455

April                     1006        926                1387

May                      1088       1288                1289

June                     1450       1686                1671

Totals            5641    6252          7409

2020

January                1105        566                 858

February              1267       529                1024

March                   1186       707                1079

April                      648       786                  775

May                      1352      1010                1444

June                     1232       908                1534

Totals            6790   4506          6714

2020 was the best year for New listings, and 2021 was best for closings. 2022 was the lowest for new listings.  Inventory has steadily decreased each year.  You can see why prices have increased the way they have.

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

Resources

Everything that is bold and underlined click on so it will take you to the site for the information.

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

Request a home valuation if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you and estimate of what it will sell for in today’s market. Also, we will give you a net proceeds that shows you the expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying a home this year get all your financial information to a loan officer that will put you through underwriting and get you approved for a loan before you even start looking.  Then you will know that you are looking at the right priced homes.  You will be able to close quicker and the seller will be more comfortable about accepting your offer knowing that you have already gone through the process.  You can sign up for email alerts so you don’t miss out on any homes that come on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided today is from our MLS.  MRED, LLC.  It is continuously updated as agents upload their information.

Fox Valley home prices July 2nd.  Have a happy and safe 4th of July!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices June 25

Fox Valley Home Prices April 23

Fox Valley home prices June 25.  We will show you the new, closed, under contract prices in the Fox Valley area of Illinois.   Also, the median prices, financing most used, 2022 by the month and some great resources.

New listings this week are up.  295 this week compared to 271 the previous week.

Closed listings this week are down.  224 this week compared to 270 the previous week.

Fox Valley home prices June 25

Take a look at the communities with the most activity this week:

Aurora-New 37 $173,900-$999,000

            Closed-39 $175,000-$532,093

Bolingbrook-New 21 $199,900-$575,000

                    Closed-18 $240,000-$585,000

Geneva-New 16 $229,000-$1,299,900

             Closed-11 $285,000-$775,000

Naperville-New 64 $349,900-$2,499,000

                 Closed-44 $285,000-$1,319,000

Oswego-New 12 $239,000-$1,235,000

             Closed-9 $320,000-$650,000

Plainfield-New 38 $250,000-$1,150,000

                Closed-29 $240,000-$650,000

St Charles-New 20 $220,000-$3,250,000

                  Closed-19 $215,000-$1,070,000

Yorkville-New 13 $300,000-$649,900

               Closed-14 $88,000-$603,500

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

Median list price this week $425,000, last week $415,950.

Closed median price this week $408,999, last week $430,000

Stats 062522
Stats for week ending June 25

Conventional financing was used to close on 163 homes at median price $450,000 with 13 days average market time, last week 213 homes at median price $465,000 with 16 days average market time.

Conv 062522
Conventional financing used to close for week ending June 25

Cash was used to close on 24 homes this week with a median price $405,999 with 16 days average market time, last week 28 homes at a median price $362,500 with 11 days average market time.

Cash 062522
Cash used to close for week ending June 25

FHA financing was used to close on 27 homes with a median price $306,050 with 11 days average market time, last week 29 home at median price $310,000 with 14 days average market time.

FHA 062522
FHA financing used to close for week ending June 25

VA financing was used to close on 9 homes at median price $365,000 with 14 days average market time, last week 8 homes at median price $379,000 with 13 days average market time.

VA 062522
VA financing used to close for week ending June 25

131 homes closed this week that were at least 2,000 square feet or more at a median price $516,000 with 13 days average market time, last week 182 homes at a median price $500,000 with 17 days average market time.  The minimum price this week was $175,000, last week $225,000.

2000 SF or more 062522
2,000 SF or more homes closed for week ending June 25

Contracts accepted this week

Contracts accepted this week were up slightly.  256 this week compared to 245 the previous week.

Fox Valley home prices June 25-Contracts accepted this week

Look at the communities seller’s accepted the most contracts:

Aurora-36                           Batavia-10

Bolingbrook-21                    Montgomery-13

Naperville-42                      Oswego-20

Plainfield-31                        St Charles-22

1 short sale was accepted by a seller this week.  It was in Plano.  Most homes have appreciated enough that you can sell, and not have to sell short.  If you are having difficulty let us show you what your options are.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  6 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.  2 with a kick-out clause of 48 hours.

Median list price of homes that went under contract this week $375,000 with 22 days average market time, last week median price $379,000 with 23 days average market time.

Contingent Stats 062522
Contingent Stats for week ending June 25

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                              1088      1065              1009

Totals                  5036    4840        5386

Check back with us every Saturday for the Fox Valley area of Illinois real estate market update.  At the end of each month we also take a look back at 2021 and 2020 so you can see how this year is going.  We will do that next week.

Resources

Click on anything that is bold and underlined to take you to the site for the information.  If there is any other information that you are looking for please let us know.

Check with your loan officer to see the rate you will be offered.  It depends on your credit score.  If you need to work on your score they can help you.

Request a home valuation if you are thinking about selling your home.  Tell us about your home and what has recently been updated.  We will do a market analysis  and provide you with a net proceeds that gives you an estimate of expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home you will need to get all your financial information to a loan officer so they can put you through underwriting and get you approved before you even start looking at homes.  Then you will know that when you find a home you will get the loan if it appraises out and no issues with the title.  You will feel better about spending the money on a home inspection.  The seller will look at your offer closer than one that has just been pre-qualified.

You can sign-up foremail alerts so when a home hits the market with your criteria you will automatically get the listing.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendations of loan officers, real estate attorney or home inspector just let us know.  We can give you a few to contact so you can decide who you want to work with.

All data provided today is from our MLS.  MRED, LLC.  The numbers change continuously throughout the day as agents upload more information.

Fox Valley home prices June 25.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101 

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices June 18

Fox Valley Home Prices April 23

Fox Valley home prices June 18.  You will see how many new listings, closed, contracts accepted, median prices, financing most used, 2020 by the month and some great resources you might like to check into.

New listings this week were up.  271 this week compared to 243 the previous week.

Closed listings were also up.  279 this week compared to 256 the previous week.

Fox Valley home prices June 18

First, we will take a look at the communities with the most activity this week:

Aurora-New 23 $140,000-$775,000

             Closed-45 $156,000-$679,000

Batavia-New 10 $265,000-$550,000

              Closed-7 $290,750-$670,000

Bolingbrook-New 19 $180,000-$707,500

                     Closed-24 $255,000-$535,000

Geneva-New 9 $339,800-$1,399,000

              Closed-10 $358,000-$1,385,000

Montgomery-New 10 $238,000-$399,900

                       Closed-9 $235,000-$395,000

Naperville-New 52 $276,000-$1,450,000

                   Closed-New 61 $290,000-$1,250,000

Oswego-New 21 $245,000-$575,000

               Closed-11 $240,000-$635,000

Plainfield-New 28 $249,900-$999,000

                 Closed-29 $285,000-$621,000

St Charles-New 29 $142,500-$889,000

                  Closed-13 $304,000-$2,200,000

Yorkville-New 17 $232,900-$850,000

                Closed-12 $331,500-$545,000

Many other communities had activity that you can see above in the photo.

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

Median list price this week $415,950, last week $399,000

Closed median price this week $430,000, last week $415,500.

Stats 061822
Stats for week ending June 18

Conventional financing was used to close on 213 homes at a median price $465,000 with 16 days average market time, last week 184 homes at median price $434,000 with 19 days average market time.

Conv 061822
Conventional financing used to close for week ending June 18

Cash was used to close on 28 homes this week with a median price $362,500 with 11 days average market time, last week 35 homes at median price $402,500 with 18 days average market time.

Cash 061822
Cash used to close for week ending June 18

FHA financing was used to close on 29 homes at median price $310,000 with 14 days average market time, last week 25 homes at median price $320,000 with 34 days average market time.

FHA 061822
FHA financing used to close for week ending June 18

VA financing was used to close on 8 homes this week at a median price $379,000 with 13 days average market time, last week 9 homes at median price $437,180 with 14 days average market time.

VA 061822
VA financing used to close for week ending June 18

Buyer’s closed on 182 homes that were at least 2,000 square feet or more at median price $500,000 with 17 days average market time, last week 167 homes at median price $497,600 with 25 days average market time.  Minimum price this week $225,000, last week $228,000.

2000 SF or more 061822
Homes closed that were at least 2,000 SF or more for week ending June 18

Conventional financing is still the way the majority of buyer’s use to purchase a home.  About 65% of homes sold this week in the Fox Valley area of Illinois are at least 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week are down.  245 this week compared to 290 the previous week.

Fox Valley home prices June 18-Contracts accepted this week

Look at the communities seller’s accepted the most contracts this week:

Aurora-37                            Bolingbrook-20

Naperville-39                      Oswego-12

Plainfield-43                       St Charles-22

West Chicago-12                 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. 4 with a kick-out clause of 72 hours and also 4 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 of 48 hours and 1 with 24 hours.

The median price of homes that went under contract this week $379,000 with 23 days average market time, last week median price $379,950 with 31 days average market time.

Contingent Stats 061822
Contingent Stats for week ending June 18

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                                  793       841             753

Totals                              4741     4616           5130

June could turn out to be the best month so far if it keeps consistent for the rest of the month.

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 take a look back at 2021 and 2020 so you can compare to this year.

Resources

Everything that is underlined click on to go to the site for the information.  If there is other information that you are looking for not here, just let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rates you will be offered.  It depends on your credit score.  If you need to work on your score they can help you with that.

Request a home valuation  if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you an estimate of what it will sell for, and a net proceeds, that shows you an estimate of expenses to sell.  When an offer comes in we will update the net proceeds so you can make a good decision.

If you are thinking about buying a home you will want to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved before you start looking so you know you will be able to get a loan for that property.  You will feel better about spending the money on inspections because if the property appraises out for the purchase price and no title issues you will be closing.

Sign-up for email alerts with the area, price and how many bedrooms and you will receive listings as they hit the market.

Contact us

Call us at 630503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you need recommendations for loan officers, real estate attorneys or home inspectors just let us know and we will give you a few to contact so you can choose who you would like to work with.

All data provided here today is from our MLS.  MRED, LLC.  The numbers change continually throughout the day as agents upload their new listings, closed and under contract properties.

Fox Valley home prices June 18.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121