Fox Valley home prices January 4th

Posted on January 4, 2025January 4, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 4th

Fox Valley home prices January 4th. 23 degrees and sunny right now with clear skies. For the next week the highs will be between 25-31 degrees with the lows from 8-23 degrees. Winter has arrived. I hope all of you enjoyed bringing in the new year.

New listings almost doubled from last week. 84 new listings this week compared to 48 the previous week.

Closed listings are up. 110 this week compared to 76 the previous week.

2 weeks in a row with holidays really have the numbers off. Hopefully 2025 will bring more new listings in every price range so more people can participate in homeownership.

Here are the communities with the most activity this week.

Aurora New-14 $170,000-$699,900

Closed-11 $88,000-$650,000

Elgin New-14 $75,000-$629,990

Closed-8 $334,000-$750,000

Naperville New-7 $400,000-$995,900

Closed-16 $365,000-$1,736,335

Plainfield New-6 $335,000-$730,000

Closed-14 $291,000-$800,000

Other communities had activity. Please look at the photo above to see their price ranges.

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

Median list price this week $427,450, last week $429,945.

Closed median price this week $425,000, last week $425,000.

Stats 010425 — Stats for week ending January 4th

Conventional financing was used to close on 82 homes this week at median price $442,500 with 37 days average market time, last week 56 homes at median price $428,450 with 57 days average market time.

Conv 010425 — Conventional financing used to close for week ending January 4th

Cash was used to close on 14 homes this week at median price $378,750 with 33 days average market time, last week 12 homes at median price $382,500 with 36 days average market time.

Cash 010425 — Cash used to close for week ending January 4th

FHA financing was used to close on 11 homes this week at median price $372,000 with 41 days average market time, last week 5 homes at median price $370,000 with 98 days average market time.

FHA 010425 — FHA financing used to close for week ending January 4th

VA financing was used to close on 2 homes this week at median price $550,625 with 35 days average market time, last week 2 homes at median price $469,750 39 days average market time.

VA 010425 — VA financing used to close for week ending January 4th

2,000 SF or more closed on 64 homes this week at median price $490,000 with 44 days average market time, last week 45 homes at median price $487,000 with 67 days average market time. Minimum price this week $250,000, last week $295,000.

2000 SF or more 010425 — 2,000 SF or more closed for week ending January 4th

74.5% of homes closed using conventional financing this week. 58% of them were at least 2,000 SF or more.

Under contract this week

90 homes this week went under contract, last week 82. I hope this increases now that we are passed the last 2 weeks of short weeks because of the holidays.

Communities that seller’s accepted contracts this week.

Aurora-11 Elgin-11

Plainfield-14

1 short sale was accepted by a seller this week. It was in Plainfield.

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

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

That is only 11 homes out of 90 that have contingencies on the buyer closing or selling and closing on their current home.

Under contract median price this week $414,200 with 67 days average market time, last week $399,450 with 49 days average market time.

Under contract stats 010425 — Under contract stats for week ending January 4th

2025 by the month

Month New Closed Under contract

January 84 110 90

Next week will be the first full week of 2025.

Check back 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 2024 and 2023 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.

We can no longer show any home until a buyer signs a buyer representative agreement. Everything is negotiable. You can go to nar.realtor/the-facts for more information. You need to scroll down and see all the guides there

Written buyer agreements
Open house and written agreements
Duty to put client interests above their own
What veterans need to know about buying a home
Offers of compensation
Negotiating written buyer agreements
Seller concessions
Multiple listing services
Fair housing
Listing agreements
10 questions to ask a buyer agent
10 questions to ask a seller agent
Buying your first home
Mortgages and financing
Steps between signing and closing
Agency and non-agency relationships
The appraisal process
Home inspections.

Please let me know what questions you have.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices January 4th. Happy New Year! 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 December 28th

Posted on December 28, 2024December 28, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 28th

Fox Valley home prices December 28th. 51 degrees and partly sunny today. Next week it will be a total different story. Highs ranging from 24 to 45 and lows from 13 to 34. Those new gloves and hats will come in handy for sure.

New listing this week are way down. 48 this week compared to 81 the previous week.

Closed listings are also way down. 76 this week compared to 194 the previous week.

Here are the communities with the most activity this week.

Aurora New-5 $235,000-$549,000

Closed-10 $95,000-$700,000

Elgin New-4 $325,900-$559,990

Closed-11 $95,900-$701,125

Plainfield New-13 $405,000-$601,990

Closed-9 $335,000-$717,989

Other communities had activity this week. Check the photo above for them and the price ranges.

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

Median list price this week $429,945, last week $412,700.

Closed median price this week $425,000, last week $410,000.

Stats 122824 — Stats for week ending December 28th

Conventional financing was used to close on 56 homes this week at median price $428,450 with 57 days average market time, last week 132 homes at median price $425,000 with 39 days average market time.

Conv 122824 — Conventional financing used to close for week ending December 28th

Cash was used to close on 12 homes this week at median price $382,500 with 36 days average market time, last week 29 homes at median price $365,000 with 39 days average market time.

Cash 122824 — Cash used to close for week ending December 28th

FHA financing was used to close on 5 homes this week at median price $370,000 with 98 days average market time, last week 23 homes at median price $325,000 with 28 days average market time.

FHA 122824 — FHA financing used to close for week ending December 28th

VA financing was used to close on 2 homes this week at median price $469,750 with 39 days average market time, last week 9 homes at median price $629,000 with 173 days average market time.

VA 122824 — VA financing used to close for week ending December 28th

2,000 SF or more closed on 45 homes this week at median price $487,000 with 67 days average market time, last week 114 homes at median price $520,000 with 52 days average market time. Minimum price this week $295,000, last week $205,000.

2000 SF or more 122824 — 2,000 SF or more closed for week ending December 28th

Over 73 percent of homes closed this week using conventional financing.

Under contract this week

Short and sweet this week with the holidays.

Homes that went under contract this week are down. 82 this week compared to 126 the previous week.

Aurora-15 Elgin-10

Plainfield-13

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

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

Median price of homes that went under contract this week $399,450 with 49 days average market time, last week $398,200 with 68 days average market time.

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

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 345 600 541

Totals 9600 8984 9492

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

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 249 497 363

Totals 7950 7828 8347

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

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 257 524 322

Totals 9477 9883 9871

New listings are better this year than the other 2 years. Closed listings are better than 2023 but not as good as 2022. Hopefully 2025 will be even better.

Contact us

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

Here is some information that might be helpful to you. Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.

Fox Valley home prices December 28th. Have an awesome New Year’s Eve! See you in 2025.

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 December 21st

Posted on December 21, 2024December 21, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 21st

Fox Valley home prices December 21st. 25 degrees and sunny today but it will get up to 50 by next Saturday.

New listings this week are down. 81 this week compared to 95 the previous week.

Closed listings this week are up. 194 this week compared to 171 the previous week.

Here are the communities with the most activity this week.

Aurora New-9 $80,000-$552,061

Closed-23 $217,000-$539,470

Bolingbrook New-9 $315,000-$726,068

Closed-11 $258,000-$945,331

Elgin New-5 $288,000-$574,990

Closed-22 $130,000-$624,990

Naperville New-5 $498,189-$1,649,900

Closed-22 $365,000-$1,675,000

Oswego New-1 $440,000

Closed-10 $354,990-$615,000

Plainfield New-17 $379,9990-$642,530

Closed-24 $299,000-$850,000

St Charles New-6 $325,000-$725,000

Closed-10 $300,000-$1,300,000

Other communities had activity this week. You can see them in the photo above with their price ranges.

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

Median list price this week $412,700, last week $435,720.

Closed median price this week $410,000, last week $435,000.

Stats 122124 — Stats for week ending December 21st

Conventional financing was used to close on 132 homes this week at median price $425,000 with 39 days average market time, last week 131 homes at median price $435,000 with 55 days average market time.

Conv 122124 — Conventional financing used to close for week ending December 21st

Cash was used to close on 29 homes this week at median price $365,000 with 39 days average market time, last week 24 homes at median price $512,500 with 33 days average market time.

Cash 122124 — Cash used to close for week ending December 21st

FHA financing was used to close on 23 homes this week at median price $325,000 with 28 days average market time, last week 10 homes at median price $357,500 with 32 days average market time.

FHA 122124 — FHA financing used to close for week ending December 21st

VA financing was used to close on 9 homes this week at median price $629,000 with 173 days average market time, last week 4 homes at median price $438,750 with 98 days average market time.

VA 122124 — VA financing used to close for week ending December 21st

2,000 SF or more closed on 114 homes this week at median price $520,000 with 52 days average market time, last week 100 homes at median price $525,000 with 54 days average market time. Minimum price this week $205,000, last week $300,000.

2000 SF or more 122124 — 2,000 SF or more closed for week ending December 21st

Conventional financing continues to be the most used way to finance a home. Cash buyers are still 2nd in the way to close on a home.

Under contract this week

Homes that went under contract this week are the same amount as the week before. 126 both weeks.

Here are the communities that seller’s accepted the most contracts this week.

Aurora-17 Elgin-18

Naperville-14 Oswego-11

Plainfield-20

2 short sales were accepted by seller’s this week. Both of them were in Plainfield.

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 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 and 2 with 48 hours.

Median price of homes that went under contract this week $398,200 with 68 days average market time, last week $388,450 with 54 days average market time.

Under contract stats 122124 — Under contract stats for week ending December 21st

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 297 524 459

Totals 9552 8908 9410

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 2023 and 2022. Next week is the last full week of the year.

Contact us

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

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

Some lenders also have programs to help. You need to ask.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.

Fox Valley home prices December 21st. Have an awesome week! Merry Christmas and Happy Holidays to you!

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 December 14th

Posted on December 14, 2024December 14, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 14th

Fox Valley home prices December 14th. 37 and raining today. We will go up to 46 on Monday and then downhill from there to a high of 24. Not bad for a couple of weeks before Christmas.

New listings this week are way down. 95 this week compared to 121 the previous week.

Closed listings are up. 171 this week compared to 159 the previous week.

Here are the communities with the most activity this week.

Aurora New-11 $179,900-$539,681

Closed-16 $135,000-$691,329

Bolingbrook New-7 $334,900-$650,000

Closed-12 $226,000-$909,742

Elgin New-6 $250,000-$495,000

Closed-14 $195,000-$768,000

Naperville New-10 $479,900-$975,000

Closed-18 $390,000-$1,755,000

Oswego New-8 $350,000-$643,490

Closed-11 $290,000-$625,770

Plainfield New-20 $345,000-$839,000

Closed-24 $308,000-$830,303

South Elgin New-1 $239,000

Closed-13 $267,000-$807,345

St Charles New-5 $340,000-$1,550,000

Closed-14 $260,000-$874,000

Other communities had activity. You can see them and their price ranges in the photo above.

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

Median list price this week $435,720, last week $435,995.

Closed median price this week $435,000, last week $423,255.

Stats 121424 — Stats for week ending December 14th

Conventional financing was used to close on 131 homes this week at median price $435,000 with 55 days average market time, last week 118 homes at median price $419,127 with 36 days average market time.

Conv 121424 — Conventional financing used to close for week ending December 14th

Cash was used to close on 24 homes this week at median price $512,500 with 33 days average market time, last week 27 homes at median price $440,000 with 48 days average market time.

Cash 121424 — Cash used to close for week ending December 14th

FHA financing was used to close on 10 homes this week at median price $357,500 with 32 days average market time, last week 11 homes at median price $350,000 with 25 days average market time.

FHA 121424 — FHA financing used to close for week ending December 14th

VA financing was used to close on 4 homes this week at median price $438,750 with 98 days average market time, last week 2 homes at median price $351,500 with 34 days average market time.

VA 121424 — VA financing used to close for week ending December 14th

2,000 SF or more closed on 100 homes this week at median price $525,000 with 54 days average market time, last week 89 homes at median price $519,500 with 41 days average market time. Minimum price this week $300,000, last week $317,000.

2000 SF or more 121424 — 2,000 SF or more closed for week ending December 14th

Every week the inventory of homes is different.

This week over 76 percent of homes used conventional financing to close on a home. As long as we are in a seller’s market I do not see this changing.

Under contract this week

Homes that went under contract this week are up slightly. 126 this week compared to 107 the previous week.

Aurora-14 Elgin-13

Naperville-11 Plainfield-13

1 short sale was accepted by a seller this week. It was in Sycamore.

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

Median price of homes that went under contract this week $388,450 with 54 days average market time, last week $429,900 with 65 days average market time.

Under contract stats 121424 — Under contract stats for week ending December 14th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 216 330 333

Totals 9471 8714 9284

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 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 everything that is bold and underlined to take you to this information.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

There is a big difference between a home inspection, city/village inspection, and appraisal. Please ask me to explain it to you. There is a lot to go over. You need to take the time and let us explain the process to you.

All data provided today was downloaded from our MLS MRED, LLC. It changes throughout the day as agents upload their information.

Fox Valley home prices December 14th. 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 December 7th

Posted on December 7, 2024December 7, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 7th

Fox Valley home prices December 7th. 45 for a high today and partly cloudy. This next week it will range from 23 for a high to 51. Up and down all week. That is some pretty good temps for our area in December.

New listings this week are up. 121 this week compared to 83 the week before. Last week was Thanksgiving week so it was a short week.

Closed listings are up slightly. 159 this week compared to 149 the previous week.

Here is the communities with the most activity this week in the Fox Valley area of Illinois.

Aurora New-15 $179,999-$985,913

Closed-21 $205,000-$563,040

Bolingbrook New-8 $249,900-$559,000

Closed-12 $299,900-$1,029,967

Elgin New-9 $265,000-$617,990

Closed-10 $215,000-$520,000

Naperville New-11 $437,900-$639,500

Closed-22 $277,000-$1,457,517

Plainfield New-16 $345,000-$659,900

Closed-18 $235,000-$661,000

St Charles New 3 $799,900-$1,100,000

Closed-11 $390,000-$1,200,000

Sycamore New-11 $215,000-$469,940

Closed-4 $248,000-$375,000

Look at the photo above to see the other communities that had activity this week and their price ranges.

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

Median list price this week $435,995, last week $434,945.

Closed median price this week $423,255, last week $434,990.

Stats 120724 — Stats for week ending December 7th

Conventional financing was used to close on 118 homes this week at median price $419,127 with 36 days average market time, last week 116 homes at median price $455,945 with 46 days average market time.

Conv 120724 — Conventional financing used to close for week ending December 7th

Cash was used to close on 27 homes this week at median price $440,000 with 48 days average market time, last week 17 homes at median price $460,000 with 64 days average market time.

Cash 120724 — Cash used to close for week ending December 7th

FHA financing was used to close on 11 homes this week at median price $350,000 with 25 days average market time, last week 14 homes at median price $377,500 with 29 days average market time.

FHA 120724 — FHA financing used to close for week ending December 7th

VA financing was used to close on 2 homes this week at median price $351,500 with 34 days average market time, last week 2 homes at median price $354,999 with 13 days average market time.

VA 120724 — VA financing used to close for week ending December 7th

2,000 SF or more closed on 89 homes at median price $519,500 with 41 days average market time, last week 89 homes at median price $559,900 with 53 days average market time. Minimum price this week $317,000, last week $245,000.

2000 SF or more 120724 — 2,000 SF or more closed for week ending December 7th

74 percent of homes closed this week used conventional financing. Median list price this week was consistent and median closed price went up slightly. A little over half of the homes closed this week were at least 2,000 Square feet or more.

Under contract this week

Homes that went under contract this week are down. 107 this week compared to 121 the previous week.

Communities seller’s accepted the most contracts this week.

Aurora-19 Plainfield-13

1 short sale was accepted by a seller this week. It was in Geneva.

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

Median price of homes that went under contract this week $429,900 with 65 days average market time, last week $429,900 with 53 days average market time.

under contract stats 120724 — Under contract stats for week ending December 7th

Market time has increased. There are still homes that receive contracts right away. If you get your home market ready and price it right it will still move quickly.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

December 121 159 107

Totals 9376 8543 9058

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

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

You can also request a home valuation, sign-up for email alerts, search for a home anytime.

Talk to your loan officer to find out about all the programs that they offer.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day as agents upload their information.

Fox Valley home prices December 7th. 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 November 30th

Posted on November 30, 2024November 30, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 30th

Fox Valley home prices November 30th. Winter temperatures are here! 26 degrees for a high today with lots of sun. This next week we will see from the mid 20’s to upper 30’s.

New listings are way down. 83 this week compared to 147 the previous week. I think that is because of Thanksgiving. Hopefully next week will be better.

Closed listings are also down. 149 this week compared to 198 the previous week.

Here are the communities with the most activity this week.

Aurora New-8 $204,000-$514,900

Closed-15 $195,000-$577,000

Elgin New-18 $82,900-$669,530

Closed-19 $160,000-$720,000

Naperville New-1 $540,000

Closed-14 $400,000-$2,100,000

Plainfield New-8 $295,000-$850,000

Closed-20 $284,873-$695,000

South Elgin New-0

Closed-10 $320,000-$710,420

St Charles New-7 $324,000-$799,900

Closed-11 $310,000-$1,089,000

Yorkville New 2 $459,990-$565,000

Closed-10 $310,000-$785,000

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

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

Median list price this week $434,945, last week $435,000.

Closed median price this week $434,990, last week $418,750.

Stats 113024 — Stats for week ending November 30th

Conventional financing was used to close on 116 homes this week at median price $455,945 with 46 days average market time, last week 143 homes at median price $430,000 with 36 days average market time.

Conv 113024 — Conventional financing used to close for week ending November 30th

Cash was used to close on 17 homes this week at median price $460,000 with 64 days average market time, last week 24 homes at median price $340,000 with 50 days average market time.

Cash 113024 — Cash used to close for week ending November 30th

FHA financing was used to close on 14 homes this week at median price $377,500 with 29 days average market time, last week 20 homes at median price $372,900 with 31 days average market time.

FHA 113024 — FHA financing used to close for week ending November 30th

VA financing was used to close on 2 homes this week at median price $354,999 with 13 days average market time, last week 11 homes at median price $435,000 with 61 days average market time.

VA 113024 — VA financing used to close for week ending November 30th

2,000 SF or more closed on 89 homes this week at median price $559,900 with 53 days average market time, last week 113 homes at median price $520,000 with 48 days average market time. Minimum price this week $245,000, last week $225,000.

2000 SF or more 113024 — 2,000 SF or more closed for week ending November 30th

Almost 78% of homes closed this week used conventional financing.

Under contract this week

Homes that went under contract this week are slightly down. 121 this week compared to 149 the previous week.

Aurora-17 Naperville-13

Plainfield-17

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, 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. 3 with a kick-out clause of 72 hours and 1 with 48 hours.

Median price of homes that went under contract this week $429,900 with 53 days average market time, last week $415,000 with 53 days average market time.

Under contract Stats 113024 — Under contract stats for week ending November 30th

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

August 883 858 725

September 849 734 777

October 990 936 878

November 587 659 601

Totals 9255 8384 8951

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

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 497 363

Totals 7701 7108 7737

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

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

Totals 9220 9359 9549

We are definitely doing better this year than we did last year. 2022 was still a better year though.

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 take a look back at 2023 and 2022 like we did today.

Next month is the last month of the year. I might go back to 2020 instead of looking at just 3 years.

Contact us

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

Check out these great resources.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home price November 30th. 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 November 23rd

Posted on November 23, 2024November 23, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 23rd

Fox Valley home prices November 23rd. We saw our first snowfall the other day. It melted right away though. This next week will be mostly in the 30’s.

New listings this week are down. 147 this week compared to 166 the previous week.

Closed listings are up. 198 this week compared to 169 the previous week.

Here are the communities with the most activity this week.

Aurora-New 21 $180,000-$670,000

Closed-25 $200,000-$915,000

Batavia-New 11 $224,900-$789,900

Closed-8 $264,000-$600,000

Bolingbrook-New 10 $199,900-$808,971

Closed-9 $319,900-$1,125,000

Elgin-New 20 $186,777-$718,990

Closed-23 $182,500-$600,000

Naperville-New 18 $425,000-$3,200,000

Closed-23 $375,000-$1,350,000

Oswego-New 9 $359,000-$587,997

Closed-13 $279,000-$609,767

Plainfield-New 18 $225,000-$639,900

Closed-25 $320,000-$1,330,000

St Charles-New 5 $350,000-$1,199,000

Closed-15 $58,500-$1,310,000

Other communities had activity this week. You can see them and their price ranges in the photo above.

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

Median list price this week $435,000, last week $449,000.

Closed median price this week $418,750, last week $417,500.

Stats 112324 — Stats for week ending November 23rd

Conventional financing was used to close on 143 homes this week at median price $430,000 with 36 days average market time, last week 123 homes at median price $437,200 with 42 days average market time.

Conv 112324 — Conventional financing used to close for week ending November 23rd

Cash was used to close on 24 homes at median price $340,000 with 50 days average market time, last week 24 homes at median price $401,000 with 32 days average market time.

Cash 112324 — Cash used to close for week ending November 23rd

FHA financing was used to close on 20 homes at median price $372,900 with 31 days average market time, last week 15 homes at median price $375,000 with 22 days average market time.

FHA 112324 — FHA financing used to close for week ending November 23rd

VA financing was used to close on 11 homes at median price $435,000 with 61 days average market time, last week 7 homes at median price $490,000 with 37 days average market time.

VA 112324 — VA financing used to close for week ending November 23rd

2,000 SF or more closed on 113 homes this week at median price $520,000 with 48 days average market time, last week 100 homes at median price $512,111 with 45 days average market time. Minimum price this week $225,000, last week $275,000.

2000 SF or more 112324 — 2,000 SF or more closed for week ending November 23rd

Only 10% percent of homes closed this week using FHA financing. If you don’t have cash, conventional is the way to go.

Under contract this week

Homes that went under contract this week are down. 149 this week compared to 168 the previous week.

Aurora-15 Bolingbrook-14

Naperville-15 Oswego-10

Plainfield-18 St Charles-15

1 short sale was accepted by a seller this week. It was in Bolingbrook.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 6 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, 2 with 48 hours, and 1 with 24 hours.

Under contract median price this week $415,000 with 53 days average market time, last week $399,000 with 48 days average market time.

Under contract 112324 — Under contract stats for week ending November 23rd

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 504 510 480

Totals 9172 8235 8830

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

At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

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

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices November 23rd. 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 November 16th

Posted on November 16, 2024November 16, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 16th

Fox Valley home prices November 16th. Cloudy day today in the 50’s. This next week we will see between 40 degrees to 60 for highs and lows from 54 to 31 degrees.

New listings this week are down. 166 this week compared to 191 the previous week.

Closed listings are up. 169 this week compared to 143 the previous week.

Here are the communities with the most activity this week.

Aurora-New 14 $69,000-$819,900

Closed-28 $145,000-$1,025,000

Bolingbrook-New 9 $320,000-$539,900

Closed-14 $270,000-$531,000

Elgin-New 13 $159,900-$629,990

Closed-16 $260,000-$678,280

Naperville-New 18 $349,900-$1,250,000

Closed-11 $400,000-$1,150,000

Plainfield-New 27 $354,900-$812,000

Closed-31 $270,000-$952,000

St Charles-New 10 $299,900-$874,900

Closed-11 $235,270-$985,000

Look at the photo above to see the other communities that had activity this week and their price ranges.

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

Median list price this week $449,000, last week $448,350.

Closed median price this week $417,500, last week $445,000.

Stats 111624 — Stats for week ending November 16th

Conventional financing used to close on 123 homes this week at median price $437,200 with 42 days average market time, last week 112 homes at median price $475,000 with 39 days average market time.

Conv 111624 — Conventional financing used to close for week ending November 16th

Cash was used to close on 24 homes this week at median price $401,000 with 32 days average market time, last week 23 homes at median price $376,000 with 26 days average market time.

Cash 111624 — Cash used to close for week ending November 16th

FHA financing was used to close on 15 homes this week at median price $375,000 with 22 days average market time, last week 6 homes at median price $330,000 with 48 days average market time.

FHA 111624 — FHA financing used to close for week ending November 16th

VA financing used to close on 7 homes this week at median price $490,000 with 37 days average market time. last week 1 home at $490,000 with 4 days average market time.

VA 111624 — VA financing used to close for week ending November 16th

2,000 SF or more closed on 100 homes this week at median price $512,111 with 45 days average market time, last week 92 homes at median price $528,000 with 48 days average market time. Minimum price this week $275,000, last week $680? (mistake that wasn’t corrected).

2000 SF or more 111624 — 2,000 SF or more closed for week ending November 16th

Over 72 % of homes closed this week used conventional financing. 59% of homes closed this week were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent. 168 this week compared to 163 the previous week.

Aurora-22 Bolingbrook-10

Elgin-22 Naperville-20

Plainfield-19 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. 6 with a kick-out clause of 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. 1 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 $399,000 with 48 days average market time, last week median price was $435,000 with 58 days average market time.

Under contract stats 111624 — Under contract stats for week ending November 16th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 357 312 331

Totals 9025 8037 8681

There is activity every month of the year.

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.

Check out some great information by clicking on everything that is bold and underlined. It will take you to the information. If you are looking for other information not listed let us know and we will point you in the right direction.

You can also request a home valuation,sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices November 16th. 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 November 9th

Posted on November 9, 2024November 9, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 9th

Fox Valley home prices November 9th. It looks like we will be in the 50’s this next week. Not bad for November.

New listings this week are up. 191 this week compared to 151 the previous week.

Closed listings are down. 143 this week compared to 226 the previous week.

Here are the communities that had the most activity this week.

Aurora-New 26 $240,000-$675,000

Closed-12 $172,000-$515,000

Elgin-New 19 $229,900-$612,490

Closed-14 $285,000-$610,000

Naperville-New 23 $400,000-$4,100,000

Closed-17 $336,000-$1,875,000

Plainfield-New 33 $240,000-$919,000

Closed-17 $680 (?)-$695,000

South Elgin-New 2 $510,000-$575,000

Closed-10 $250,000-$654,720

St Charles-New 14 $275,000-$1,035,000

Closed-9 $350,000-$1,620,000

Yorkville-New 12 $339,900-$625,000

Closed-5 $398,000-$725,000

Other communities also had activity this week. You can see them and their price ranges in the photo above.

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

Median list price this week $448,350, last week $450,000

Closed median price this week $445,000, last week $463,120.

Stats 110924 — Stats for week ending November 9th

Conventional financing was used to close on 112 homes this week at median price $475,000 with 39 days average market time, last week 175 homes at median price $480,000 with 35 average market time.

Conv 110924 — Conventional financing used to close for week ending November 9th

Cash was used to close on 23 homes this week at median price $376,000 with 26 days average market time, last week 30 homes at median price $590,000 with 28 days average market time.

Cash 110924 — Cash used to close for week ending November 9th

FHA financing was used to close on 6 homes this week at median price $330,000 with 48 days average market time, last week 16 homes at median price $300,500 with 25 days average market time.

FHA 110924 — FHA financing used to close for week ending November 9th

VA financing was used to close on 1 home this week at $490,000 with 4 days average market time, last week 5 homes at median price $473,990 with 37 days average market time.

VA 110924 — VA financing used to close for week ending November 9th

2,000 SF or more closed on 92 homes this week at median price $528,000 with 48 days average market time, last week 143 homes at median price $570,000 with 38 days average market time. Minimum price this week $680 (?), last week $263,000.

2000 SF or more 110924 — 2,000 SF or more closed for week ending November 9th

78% or the homes closed this week used conventional financing. Too bad someone uploaded the price wrong in Plainfield this week and threw the stats out of whack.

Under contract this week

Homes that went under contract this week are up slightly. 163 this week compared to 155 the previous week.

Aurora-21 Elgin-14

Naperville-20 Plainfield-18

St Charles-12 Sycamore-10

There were 2 short sales accepted by seller’s this week. 1 in Bolingbrook and 1 in Minooka. Now they will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 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. 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 $435,000 with 58 days average market time, last week $419,000 with 47 days average market time.

Under contract stats 110924 — Under contract stats for week ending November 9th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 191 143 163

Totals 8859 7868 8513

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.

Check out some great resources that might be of help to you. Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices November 9th. 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 November 2nd

Posted on November 2, 2024November 2, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 2nd

Fox Valley home prices November 2nd. 60 and sunny today. This next week will be mid 50’s to upper 60’s. I am enjoying this wonderful weather!

New listings this week are down. 151 this week compared to 175 the previous week.

Closed listings are up. 226 this week compared to 183 the previous week.

Here is the communities with the most activity this week in the Fox Valley area of Illinois.

Aurora-New 19 $139,900-$825,000

Closed-32 $200,000-$960,000

Bolingbrook-New 6 $294,900-$539,000

Closed-15 $235,000-$900,008

Elgin-New 20 $219,500-$625,000

Closed-25 $227,000-$604,006

Montgomery-New 0

Closed-12 $225,000-$405,000

Naperville-New 20 $379,900-$2,499,995

Closed-39 $449,000-$2,200,000

Oswego-New 11 $349,900-$560,900

Closed-13 $260,000-$719,160

Plainfield-New 20 $324,900-$929,000

Closed-15 $325,000-$922,277

St Charles-New 8 $424,000-$1,195,000

Closed-12 $265,000-$3,200,000

Yorkville-New 11 $325,000-$519,900

Closed-8 $446,500-$665,000

Other communities had activity this week. Look at the photo above for the price ranges.

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

Median list price this week $450,000, last week $444,995.

Closed median price this week $463,120, last week $435,000.

Stats 110224 — Stats for week ending November 2nd

Conventional financing was used to close on 175 homes this week at median price $480,000 with 35 days average market time, last week 135 homes at median price $456,990 with 30 days average market time.

Conv 110224 — Conventional financing used to close for week ending November 2nd

Cash was used to close on 30 homes this week at median price $590,000 with 18 days average market time, last week 27 homes at median price $369,900 with 20 days average market time.

Cash 110224 — Cash used to close for week ending November 2nd

FHA financing was used to close on 16 homes this week at median price $300,500 with 25 days average market time, last week 14 homes at median price $362,500 with 53 days average market time.

FHA 110224 — FHA financing used to close for week ending November 2nd

VA financing was used to close on 5 homes this week at median price $473,990 with 37 days average market time, last week 6 homes at median price $410,000 with 23 days average market time.

VA 110224 — VA financing used to close for week ending November 2nd

2,000 SF or more closed on 143 homes this week at median price $570,000 with 38 days average market time, last week 107 homes at median price $503,000 with 36 days average market time. Minimum price this week $263,000, last week $193,000.

2000 SF or more 110224 — 2,000 SF or more closed for week ending November 2nd

A little over 63% of homes closed this week were at least 2,000 SF or more. Conventional financing was used to close on a little over 77% of homes this week. Cash was double FHA financing.

Under contract this week

Homes that went under contract this week were down. 155 this week compared to 181 the previous week.

Aurora-14 Batavia-11

Bolingbrook-14 Elgin-11

Naperville-13 Oswego-10

Plainfield-18

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

Under contract median price this week $419,000 with 47 days average market time, last week $424,900 with 40 days average market time.

Under contract stats 110224 — Under contract stats for week ending November 2nd

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

August 883 858 725

September 849 734 777

October 990 936 878

Totals 8668 7725 8350

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

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

Totals 7100 6611 7374

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

August 1019 1134 1062

September 730 733 698

October 699 612 646

Totals 8646 8595 8925

We are doing better than last year, even with higher interest rates, but worse than 2022.

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 information that might help you. Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation, sign-up for email alerts, andsearch for a home anytime.

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

Fox Valley home prices November 2nd. 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