Fox Valley home prices January 20th

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

Fox Valley home prices January 20th

Fox Valley home prices January 20th. Bright and sunny today with a high of 13 and a low tonight of -14. Next week we will get into the 30’s. I can’t wait!

New listings this week are down. 99 this week compared to 128 the previous week.

Closed listing are consistent. 96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges. Things did not completely stop even with the sub-zero temperatures.

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

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024 — Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024 — Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024 — Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024 — FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024 — VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time. Minimum price this week and also last week $250,000.

2000 SF or more 012024 — 2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week. If you do not have cash you need to get approved using Conventional if you want to win. A pre-approval letter is just not enough right now. You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down. 121 this week compared to 133 the previous week.

Aurora-14 Bolingbrook-13

Naperville-13 Plainfield-15

1 short sale was accepted by a seller this week. It was in Bolingbrook. It will now get 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 and 2 with 48 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 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024 — Under contract stats for week ending January 20th

2024 by the month

Month New Closed Under contract

January 319 286 326

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 630-502-6555 with all your real estate questions. Your goal is our goal.

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

Information to check out

Fox Valley home prices January 20th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 13th

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

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d 20 degrees and sunny today after a snow day yesterday. Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high. So it is time to bundle up.

New listings this week are up. 128 this week compared to 92 the previous week.

Close listings are also up. 106 this week compared to 84 the previous week.

This week was the first full week of the year. New year’s day everything was closed.

We have added 2 towns this week by request. Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

Closed-23 $209,000-$1,110,000

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

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

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2 — Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2 — Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2 — Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2 — FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2 — VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time. Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2 — 2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois. Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up. 133 this week compared to 72 the previous week.

Aurora-15 Bolingbrook-12

Elgin-21 Naperville-12

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

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2 — Under contract stats for week ending January 13th

2024 by the month

Month New Closed Under contract

January 220 190 205

Contact us

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

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

Information to check out

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

Fox Valley home prices January 13th. Have an awesome week and stay warm!

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 11th

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

Fox Valley home prices November 11th

Fox Valley home prices November 11th. It doesn’t look like rain this next week and mid 50’s to lower 60’s.

New listings this week are up. 155 this week compared to 132 the previous week.

Closed listings are down. 134 this week compared to 187 the previous week.

Aurora-New 20 $149,900-$599,900

Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

Closed-11 $300,000-$678,724

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

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

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123 — Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123 — Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123 — Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123 — FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123 — VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time. Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123 — 2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down. 119 this week compared to 136 the previous week.

Aurora-19 Naperville-24

Plainfield-13

No short sales accepted by seller’s this week.

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

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

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123 — Stats under contract for week ending November 11th.

2023 by the month

Month New Closed Under Contract

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 287 321 255

Totals 7387 6932 7629

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Houses sell throughout the year in every month.

Resources

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

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

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

Contact us

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

Fox Valley home prices November 11th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 4th

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

Fox Valley home prices November 4th

Fox Valley home prices November 4th. Fall weather continues. It should be in the mid 50’s for the next couple of weeks.

New listings are down. 132 this week compared to 155 the previous week.

Closed listings are up. 187 this week compared to 149 the previous week.

Aurora-New 16 $165,000-$599,999

Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

Closed-10 $231,000-$749,900

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

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

Median list price this week $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423 — Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423 — Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423 — Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423 — FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423 — VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time. Minimum price this week $280,000, last week $189,900. Condition and features is the difference in price.

2000 SF or more 110423 — 2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent. 136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this week Aurora-22 Bolingbrook-10

Naperville-23 Plainfield-21

St Charles-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. 3 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 3 with 48 hours.

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423 — Median price of homes under contract for week ending November 4th

2023 by the month

Month New Closed Under contract

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 132 187 136

Totals 7232 6798 7510

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 2022 and 2021 so you have something to compared to.

Resources

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

Check with your loan officer to see what programs they offer and if you can combine some programs.

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 28th

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

Fox Valley home prices October 28th

Fox Valley home prices October 28th. Today is a gorgeous 50 degree sunny day. There will not be too many of them after today. Mid 40’s and possible snow on Halloween.

New listings are down this week. 155 this week compared to 165 the previous week.

Closed listings are consistent. 149 this week compared to 152 the previous week.

Fox Valley home prices October 28th

Aurora-New 14 $155,000-$750,000

Closed-27 $189,900-$950,000

Bolingbrook-New 12 $269,990-$763,649

Closed-10 $160,000-$889,057

Naperville-New 26 $314,995-$2,895,000

Closed-23 $300,000-$1,799,000

Oswego-New 4 $224,900-$529,262

Closed-10 $300,000-$614,025

Plainfield-New 22 $314,900-$950,000

Closed-18 $190,000-$716,935

St Charles-New 11 $219,900-$1,850,000

Closed-6 $343,000-$690,000

Yorkville-New 12 $289,900-$829,000

Closed-7 $180,00-$470,000

Out of 28 communities that saw some kind of activity, these 7 had the most activity. Look at the photo above to see the other communities price ranges.

Financing used, median price, and 2000 SF or more

Median list price this week $422,500, last week $420,000.

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

Stats 102123 — Stats for week ending October 28th

Conventional financing was used to close on 110 homes this week at median price $422,500 with 32 days average market time, last week 112 homes at median price $457,500 with 28 days average market time.

Conv 102823 — Conventional financing used to close for week ending October 28th

Cash was used to close on 21 homes this week at median price $475,000 with 36 days average market time, last week 18 homes at median price $436,000 with 31 days average market time.

Cash 102823 — Cash used to close for week ending October 28th

FHA financing was used to close on 12 homes at median price $342,000 with 32 days average market time, last week 17 homes at median price $315,000 with 36 days average market time.

FHA 102823 — FHA financing used to close for week ending October 28th

VA financing was used to close on 4 homes at median price $460,000 with 32 days average market time, last week 5 homes at median price $408,000 with 20 days average market time.

VA 102823 — VA financing used to close for week ending October 28th

2,000 SF or more closed on 89 homes at median price $495,000 with 38 days average market time, last week 102 homes at median price $493,500 with 31 days average market time. Minimum price this week $189,900, last week $269,000.

2000 SF or more 102823 — 2000 SF or more closed for week ending October 28th

Conventional financing continues to be the type of financing seller’s are accepting if not cash.

Under contract this week

Homes that went under contract this week are slightly up. 132 this week compared to 125 the previous week.

Aurora-25 Bolingbrook-11

Naperville-13 Plainfield-21

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 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 each with a kick-out clause of 72 hours, 48 hours and 1 that was not marked with a time.

Median price of homes that went under contract this week $355,000 with 39 days average market time, last week median price $400,000 with 44 days average market time.

Under contract 102823 — Under contract stats for week ending October 28th

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

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

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

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

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

Totals 9666 11021 11970

You can see the numbers going down from 2021 to 2023.

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

Resources

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

So many people refinanced when the interest rates were low. Now you have a good selling point if it is assumable. The buyers would have to get approved but it is better than the current interest rates.

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

Contact us

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

Fox Valley home prices October 28th. 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 October 21st

Posted on October 21, 2023October 21, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 21st

Fox Valley home prices October 21st. Mid 60’s until Tuesday it will get up to 77, and then the next week we will get into the mid 40’s.

New listings this week are up. 165 this week compared to 128 the previous week.

Closed listings are also up. 152 this week compared to 115 the previous week.

Aurora-New 19 $60,000-$609,000

Closed-18 $215,000-$1,050,000

Bolingbrook-New 14 $270,000-$889,000

Closed-8 $294,000-$540,000

Elburn-New 10 $409,900-$525,000

Closed-2 $245,000-$415,000

Naperville-New 25 $339,000-$1,799,000

Closed-20 $325,000-$1,287,500

Oswego-New 13 $300,000-$574,000

Closed-11 $235,000-$567,990

Plainfield-New 18 $315,000-$725,000

Closed-27 $274,900-$737,289

St Charles-New 16 $315,000-$2,100,000

Closed-13 $275,000-$975,000

Yorkville-New 10 $315,000-$639,900

Closed-11 $213,000-$512,521

These are not the only communities to have activity this week. Click on the photo above to see what other communities had activity and their price ranges. You might find what you are looking for.

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

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

Closed median price this week $425,000, last week $385,000.

Conventional financing was used to close on 112 homes this week at median price $457,500 with 28 days average market time, last week 87 homes at median price $390,000 with 31 days average market time.

Conv 102123 — Conventional financing used to close for week ending October 21st.

Cash used to close on 18 homes this week at median price $436,000 with 31 days average market time, last week 18 homes at median price $377,500 with 37 days average market time.

Cash 102123 — Cash used to close for week ending October 21st.

FHA financing was used to close on 17 homes this week at median price $315,000 with 36 days average market time, last week 6 homes at median price $374,500 with 25 days average market time.

FHA 102123 — FHA financing used to close for week ending October 21st.

VA financing was used to close on 5 homes this week at median price $408,000 with 20 days average market time, last week 4 homes at median price $370,000 with 19 days average market time.

VA 102123 — VA financing used to close for week ending October 21st.

2,000 SF or more closed on 102 homes this week at median price $493,500 with 31 days average market time, last week 55 homes at median price $545,000 with 42 days average market time. Minimum price this week $269,000, last week $310,000.

2000 SF or more 102123 — 2000 SF or more closed for week ending October 21st.

Conventional financing continues to be the financing seller’s are wanting to accept.

So many people refinanced and have great low rates that might be assumable. You need to check that out. You might be able to market that and still move and get a good rate on the home you purchase. Some of these cash buyers might want to consider that.

Under contract this week

Homes that went under contract this week are down slightly. 125 this week compared to 136 the previous week.

Aurora-22 Naperville-16

Plainfield-17

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. 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 buyers selling and closing on their current home. 7 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $400,000 with 44 days average market time, last week $389,950 with 37 days average market time.

Under contract stats 102123 — Under contract stats for week ending October 21st.

2023 by the month

Month New Closed Under contract

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 484 419 417

Totals 6945 6462 7242

Resources

Click on each bullet point and anything that is bold and underlined to take you to the site for the information. If you are not finding what you are looking for just let us know. We will point you in the right direction.

Check with your lender to see if your loan is assumable if you are thinking about selling.

Clean, pack up, and paint to make your home feel nice and fresh if you are thinking about selling.

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

Contact us

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

Fox Valley home prices October 21st. 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 October 14th

Posted on October 14, 2023October 14, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 14th

Fox Valley home prices October 14th. No Indian summer in sight. Mostly mid 50’s and a lot of rain.

New listings are down. 128 this week compared to 191 the previous week.

Closed listings are also down. 115 this week compared to 152 the previous week.

Aurora -New 20 $169,900-$890,000

Closed-16 $181,000-$660,000

Batavia-New 10 $275,000-$899,900

Closed-4 $330,000-$775,000

Naperville-New 13 $450,000-$2,895,000

Closed-22 $333,000-$2,035,000

Plainfield-New 14 $299,900-$689,900

Closed-17 $280,000-$1,006,901

St Charles-New 10 $299,000-$1,799,000

Closed-6 $185,000-$1,030,000

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

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

Median list price this week $395,000, last week $409,900

Closed median price this week $385,000, last week $394,950.

Stats 101423 — Stats for week ending October 14th

Conventional financing used to close this week on 87 homes at median price $390,000 with 31 days average market time, last week 108 homes at median price $403,750 with 26 days average market time.

Conv 101423 — Conventional financing for the week ending October 14th

Cash was used to close on 18 homes this week at median price $377,500 with 37 days average market time, last week 17 homes at median price $415,000 with 26 days average market time.

Cash 101423 — Cash used to close for week ending October 14th

FHA financing used to close on 6 homes this week at median price $374,500 with 25 days average market time, last week 19 homes at median price $305000 with 25 days average market time.

FHA 101423 — FHA financing used to close for week ending October 14th

VA financing used to close on 4 homes this week at median price $370,000 with 19 days average market time, last week 6 homes at median price $473,530 with 14 days average market tine.

VA 101423 — VA financing used to close on October 14th

2,000 SF or more closed on 55 homes at median price $545,000 with 42 days average market time, last week 90 homes at median price $472,500 with 29 days average market time. Minimum price this week $310,000, last week $235,000.

2000 SF or more 101423 — 2000 SF or more for week ending October 14th

Conventional financing continues to be the choice for seller’s to accept. We need to start looking for assumable mortgages for the lower interest rates. It might get some people moving if they knew they did not have to accept these higher rates. Yes, you can refinance, but by assuming a mortgage with a low rate you would not have to refinance at a later date.

Under contract this week

Homes under contract this week are down. 136 this week compared to 156 the previous week.

Aurora-26 Naperville-25

Plainfield-25 St Charles-10

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

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

Median price of homes under contract this week $389,950 with 37 days average market time, last week $399,900 with 41 days average market time.

Under contract 101423 — Under contract stats for week ending October 14th

2023 by the month

Month New Closed Under contract

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 319 267 292

Totals 6780 6310 7117

Things are starting to slow down as we head to the holidays. Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Resources to check out

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

If you are looking for a loan officer, real estate attorney, or a home inspector we can recommend a few that we have successfully worked with.

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

Contact us

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

Fox Valley home prices October 14th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Home Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 7th

Posted on October 9, 2023October 9, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 7th

bhfv Cover 050623 Fox Valley home prices October 7th. Temperatures have certainly changed since we changed to the fall season. 50’s for a high and we have seen some mid 30’s for a low.

New listings this week are up. 191 this week compared to 159 the previous week.

Closed listings are down. 152 this week compared to 205 the previous week.

Aurora-New 34 $130,000-$653,000

Closed-25 $180,000-$560,000

Bolingbrook-New 10 $264,900-$589,999

Closed-17 $185,570-$585,000

Naperville-New 33 $399,000-$2,499,000

Closed-17 $372,500-$1,330,000

Oswego-New 8 $319,900-$899,000

Closed-10 $315,000-$565,000

Plainfield-New 36 $245,000-$849,900

Closed-13 $220,000-$790,000

St Charles-New 9 $319,900-$711,900

Closed-10 $327,500-$1,050,000

Yorkville-New 5 $374,990-$575,000

Closed-12 $294,000-$535,000

Other communities had activity. Look at the photo above to see what price ranges are in those communities.

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

Median list price this week $409,900, last week $414, 520.

Median closed price this week $394,950, last week $405,000

Stats 100723 — Stats for week ending October 7th

Conventional financing was used to close on 108 homes this week at median price $403, 750 with 26 days average market time, last week 150 homes at median price $410,000 with 32 days average market time.

Conv 100723 — Conventional financing used to close for week ending October 7th

Cash was used to close on 17 homes at median price $415,000 with 26 days average market time, last week 28 homes at median price $414,950 with 30 days average market time.

Cash 100723 — Cash used to close for week ending October 7th

FHA financing was used to close on 19 homes this week at median price $305,000 with 23 days average market time, last week 16 homes at median price $322,495 with 33 days average market time.

FHA 100723 — FHA financing used to close for week ending October 7th

VA financing was used to close on 6 homes at median price $473,530 with 14 days average market time, last week 8 homes at median price $467,450 with 21 days average market time.

VA 100723 — VA financing used to close for week ending October 7th

2,000 SF or more closed on 90 homes this week at median price $472,500 with 29 days average market time, last week 114 homes at median price $517,495 with 21 days average market time. Minimum price this week $235,000, last week $290,000.

2000 SF or more 100723 — 2,000 SF or more for week ending October 7th

Conventional financing you can see is still the most used to close on a home. Will we start talking about assuming mortgages if the interest rates keep going up?

Under contract this week

Homes that went under contract this week are down. 156 this week compared to 170 the previous week.

Aurora-18 Naperville-22

Plainfield-27 St Charles-11

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

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

Under contract median price this week $399,900 with 41 days average market time, last week $411,950 with 42 days average market time.

Under contract stats 100723 — Under contract stats for week ending October 7th

2023 by the month

Month New Closed Under contract

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 191 152 156

Totals 6652 6195 6981

We normally post this every Saturday. Occasionally we get too busy and post as soon as we can. We did download all data on Saturday though. All data comes from our MLS, MRED, LLC.

At the end of each month we will also take a look at the previous 2 years 2022 and 2021 so you have something to compare to.

Resources

Please click on each bold and underlined post to take you to the information.

If you are looking for any other information that is not listed let us know at besthomesfv@gmail.com and we will point you in the right direction.

Contact us

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

We can give you a few loan officers to contact, real estate attorneys and home inspectors. Of course, if you already know someone that is great!

Fox Valley home prices October 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 September 30th

Posted on September 30, 2023September 30, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 30th

Fox Valley home prices September 30th. This might be our last week in the 80’s for this year. We head to the mid 50’s next week for a high.

New listings are consistent. 159 this week compared to 162 the previous week.

Closed listings are up. 205 this week compared to 144 the previous week.

Aurora-New 26 $175,000-$535,000

Closed-35 $126,500-$710,000

Bolingbrook-New 4 $272,900-$1,174,900

Closed-16 $190,000-$780,000

Naperville-New 24 $399,999-$1,635,000

Closed-29 $339,900-$1,150,000

Oswego-New 6 $375,000-$569,900

Closed-10 $300,000-$700,000

Plainfield-New 31 $289,900-$789,900

Closed-29 $185,000-$790,000

St Charles-New 10 $270,000-$2,650,000

Closed-15 $205,000-$840,500

Yorkville-New 2 $234,500-$350,000

Closed-10 $205,000-$512,500

Other communities had activity this week. Check with the photo above to see those communities and their price ranges.

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

Median list price this week $414,520, last week $419,995.

Closed median price this week $405,000, last week $427,000.

Stats 093023 — Stats for week ending September 30th

Conventional financing was used to close on 150 homes this week at median price $410,000 with 32 days average market time, last week 103 homes at median price $460,000 with 20 days average market time.

Conv 093023 — Conventional financing used to close for week ending September 30th

Cash was used to close on 28 homes this week at median price $414,950 with 30 days average market time, last week 22 homes at median price $452,500 with 40 days average market time.

Cash 093023 — Cash was used to close for week ending September 30th

FHA financing was used to close on 16 homes this week at median price $322,495 with 33 days average market time, last week 15 homes at median price $345,000 with 42 days average market time.

FHA 093023 — FHA financing used to close for week ending September 30th

VA financing was used to close on 8 homes at median price $467,450 with 21 days average market time, last week 4 homes at median price $295,000 with 34 days average market time.

VA 093023 — VA financing used to close for week ending September 30th

2,000 sf or more closed on 114 homes this week at median price $517, 495 with 31 days average market time, last week 88 homes at median price $510,500 with 25 days average market time. Minimum price this week $290,000, last week $235,000.

2000 SF or more 093023 — 2000 SF or more for week ending September 30th

73% of homes this week used Conventional financing to close. More homes closed using cash than FHA financing. You might be able to buy more using FHA but if you can’t get it accepted it doesn’t help much.

Under contract this week

Homes that went under contract this week are up. 170 this week compared to 143 the previous week.

Aurora-30 Bolingbrook-10

Naperville-34 Plainfield-23

St Charles-16

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

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

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

Median price of homes that went under contract this week $411,950 with 42 days average market time, last week $399,900 with 31 days average market time.

Under contract stats 093023 — Under contract stats for week ending September 30th

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

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

Totals 6461 6043 6825

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

Totals 7947 7983 8279

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

August 1101 1203 1170

September 1083 1411 1251

Totals 8943 10048 11040

Everything decreased yearly. That is why the prices keep rising.

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

Resources

Click on everything that is bold and underlined to take you to the site for the information. Let us know if you are looking for any other information. We will point you in the right direction.

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

Contact us

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

Fox Valley home prices September 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 September 23rd

Posted on September 23, 2023September 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 23rd

Fox Valley home prices September 23rd. Happy 1st day of Fall!. Today it will be 80 but after that the temps decline. Next week we will have 60’s for highs.

New listings this week are way down. 162 this week compared to 205 the previous week.

Closed listings are consistent. 144 this week compared to 137 the previous week.

Aurora-New 26 $199,900-$620,000

Closed-32 $142,550-$835,000

Bolingbrook-New 8 $339,900-$625,000

Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

Closed-15 $310,000-$1,400,000

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

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

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323 — Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323 — Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323 — Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323 — FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323 — VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time. Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323 — 2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly. 143 this week compared to 152 the previous week.

Aurora-22 Bolingbrook-12

Naperville-18 Plainfield-20

St Charles-10 Yorkville-10

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

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

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323 — Under contract stats for week ending September 23rd

2023 by the month

Month New Closed Under contract

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 525 416 453

Totals 6302 5838 6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

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

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

Contact us

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

Fox Valley home prices September 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