Fox Valley residential market January 14th

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

Fox Valley residential market January 14th

Fox Valley residential market January 14th. I hope you are enjoying this mild January weather. I know I am.

New residential listings are slightly up. 114 this week compared to 108 the previous week.

Closed residential listing are also slightly up. 89 this week compared to 70 the previous week.

Aurora-New 14 $90,000-$529,198

Closed-14 $160,000-$490,000

Naperville-New 18 $350,000-$3,500,000

Closed-16 $405,000-$885,000

Plainfield-New 18 $265,000-$659,999

Closed-19 $225,150-$653,400

St Charles-New 13 $253,850-$750,000

Closed-6 $515,000-$1,055,000

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

If you would like me to give you the statistics for the community you are looking in, just let me know. We can scale all the way down to the neighborhood.

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

Median list price this week $414,900, last week $399,900.

Closed median price this week $399,000, last week $368,000

Stats for week ending January 14th

Conventional financing was used to close on 66 homes at median price $445,000 with 44 days average market time, last week 54 homes at median price $372,500 with 52 days average market time.

Conventional financing used to close for week ending January 14th

Cash was used to close on 8 homes this week at median price $387,500 with 27 days average market time, last week also 8 homes at median price $435,500 with 42 days average market time.

Cash used to close for week ending January 14th

FHA financing was used to close on 12 homes this week at median price $301,200 with 55 days average market time, last week 5 homes at median price $255,000 with 57 days average market time.

FHA financing used to close for week ending January 14th.

VA financing was used to close on 2 homes this week at median price $349,495 with 80 days average market time, last week also 2 homes at median price $395,445 with 11 days average market time.

VA financing was used to close for week ending January 14th.

2,000 square feet or more closed on 57 homes at median price $517,000 with 55 days average market time, last week 38 homes at median price $447,500 with 57 days average market time. Minimum price this week $279,000, last week $258,500.

2,000 SF or more closed for week ending January 14th.

Conventional financing continues to be the most used way to close on a home.

Slightly more than half of the homes sold this week are at least 2,000 SF or more.

Contracts accepted this week

Contracts accepted this week by seller’s is up this week. 114 this week compared to 76 the previous week.

Aurora-10 Naperville-16

Plainfield-23

Seller’s in other communities accepted contracts this week. Click on the photo to see more. We just highlighted the ones with the most activity.

1 short sale was accepted by a seller this week. It was in North Aurora. It will now 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 and 2 with 48 hours.

Also a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $349,950 with 67 days average market time, last week the median price was $349,750 with 75 days average market time.

Median price under contract for week ending January 14th

2023 by the month

Month New Closed Contract accepted

January 222 159 190

Check back with us every Saturday for the residential real estate market update. At the end of each month we will also take a look back at 2022 and 2021 so you can compare.

Resources

Click on all the bullet points that are bold and underlined to take you to the site for the information.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

We can recommend real estate attorney’s, home inspector’s, termite inspectors, and places that do radon tests. Some home inspectors also do them.

All data provided today is downloaded from our MLS, MRED, LLC. The data changes throughout the day as Realtors® upload their information.

Contact us

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

Fox Valley residential market January 14th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 7th

Posted on January 7, 2023January 7, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 7th

Fox Valley home prices January 7th. First week of the new year.

New listings this week were more than doubled. 108 this week compared to 44 the previous week.

Closed listings were down. 70 this week compared to 128 the previous week.

Aurora-New 12 $187,000-$734,900

Closed-14 $169,500-$625,000

Naperville-New 18 $390,000-$1,095,000

Closed-13 $330,000-$820,000

Plainfield-New 12 $239,900-$571,000

Closed-6 $260,000-$603,440

Yorkville-New 16 $335,000-$469,990

Closed-1 $3

75,000

Click on the photo above to see other communities that had activity this week. We are just highlighting the ones with the most activity.

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

Median list price this week $399,900, last week $350,000.

Closed median price this week $368,000, last week $368,750.

Stats 010723 — Stats for week ending January 7th

Conventional financing was used to close on 54 homes this week at median price $372,500 with 52 days average market time, last week 85 homes at median price $379,990 with 58 days average market time.

Conv 010723 — Conventional financing used to close for week ending January 7th

Cash was used to close on 8 homes this week at median price $435,500 with 42 days average market time, last week 21 homes at median price $467,500 with 65 days average market time.

Cash 010723 — Cash used to close for week ending January 7th

FHA financing was used to close on 5 homes this week at median price $255,000 with 57 days average market time, last week 15 homes at median price $311,000 with 24 days average market time.

FHA 010723 — FHA financing used to close for week ending January 7th

VA financing was used to close on 2 homes at median price $395,445 with 11 days average market time, last week 6 homes at median price $467,000 with 57 days average market time.

VA 010723 — VA financing used to close for week ending January 7th

2,000 square feet or more closed on 38 homes this week at median price $447,500 with 57 days average market time, last week 68 homes at median price $447,170 with 73 days average market time. Minimum price this week $258,500, last week $240,000.

Residential homes that went under contract this week

Residential homes under contract this week were up. 76 this week compared to 51 the previous week.

Aurora-15 Naperville-11

Click on the photo to see other communities with activity this week.

1 short sale was accepted this week by a seller. It was in Montgomery. 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 and 1 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 1 with 48 hours.

Median price under contract this week $349,750 with 75 days average market time, last week the median price $385,000 with 62 days average market time.

Contingent Stats 010723 — Median price of homes under contract for week ending January 7th

2023 by the month

Month New Closed Contract accepted

January 108 70 76

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 can compare.

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 interest rate you will be offered. It depends on the credit score and other things that your loan officer will explain to you.

All data provided to day is from our MLS, MRED, LLC. The data changes continuously throughout the day as agent upload their information.

Contact us

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

Fox Valley home prices January 7th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 31st

Posted on January 1, 2023January 1, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 31st

Fox Valley home prices December 31st. Happy New Year’s Eve! If a home is in your plans for 2023, we would love to help you.

The holidays have really slowed things down. We hope it will start picking up soon in the new year.

We will show you how many new listings, closed, under contract, median prices, financing used, and 2022 by the month and also show you activity in 2021 and 2020 so you can see how this year compared.

New listings this week were down. 44 this week compared to 45 the previous week. Consistent, but way down.

Closed listings this week were also down. 128 this week compared to 135 the previous week.

Aurora-New 10 $168,900-$364,900

Closed-23 $103,100-$625,000

Naperville-New 1 $1,375,000

Closed-17 $349,000-$800,000

Plainfield-New 5 $239,900-$489,809

Closed-23 $213,000-$603,175

Click on the photo above to see other communities with activity this week.

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

Median list price this week $350,000, last week $359,945.

Closed median price this week $368,750, last week $346,000.

Stats 123122 — Stats for week ending December 31st

Conventional financing was used to close on 85 homes this week at median price $379,990 with 58 days average market time, last week 90 homes at median price $365,000 with 45 days average market time.

Conv 123122 — Conventional financing used to close for week ending December 31st

Cash was used to close on 21 homes this week at median price $467,500 with 65 days average market time, last week 22 homes at median price $265,000 with 63 days average market time.

Cash 123122 — Cash used to close for week ending December 31st

FHA financing was used to close on 15 homes this week at median price $311,000 with 24 average market time, last week 16 homes at median price $318,000 with 32 days average market time.

FHA 123122 — FHA financing used to close for week ending December 31st

VA financing was used to close on 6 homes at median price $467,000 with 57 days average market time, last week also 6 homes at median price $319,950 with 38 days average market time.

VA 123122 — VA financing used to close for week ending December 31st

2,000 square feet or more closed on 68 homes at median price $447,170 with 73 days average market time, last week 77 homes at median price $430,000 with 48 days average market time. Minimum price this week $240,000, last week $275,000.

2000 SF or more 123122 — 2,000 SF or more closed for week ending December 31st

Contracts accepted this week

Contracts accepted by seller’s this week are down. 51 this week compared to 88 the previous week.

Plainfield had 7 and Aurora, Batavia, and Bolingbrook had 6.

No short sales were accepted this week.

No contracts were accepted with contingencies on a home close or a home sale and closing this week.

Median price of homes that went under contract this week $385,000 with 62 average market time, last week the median price $349,000 with 48 days average market time.

Contingent Stats 123122 — Median price of homes under contract for week ending December 31st

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

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 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

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

November 557 854 931

December 349 1044 652

Totals 10572 12919 13553

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

December 513 971 783

Totals 12343 11869 14146

From 2020 to 2022 look at the difference in the amount of new listings.

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 interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

If you are thinking about buying a home this year you will want to get the process started to get your loan approved so you know that no issues will come up at the last minute. You will be in a better position to get your offer excepted. This is not just talking to a loan officer over the phone. This is getting all your information to them.

All data used was downloaded yesterday from our MLS, MRED, LLC. I didn’t get the chance to finish this until today.

Contact us

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

Fox Valley home prices December 31st. Happy New Year!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 24th

Posted on December 26, 2022December 26, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 24th

Fox Valley home prices December 24th. The last 2 days were just too busy to post this week’s blog post. I downloaded all the information on Saturday and just now have the time time to put it all together.

We will let you know about new listings, closed listings, contracts accepted, median prices, financing used, and 2022 by the month for this last week. Some people post graphs but I like to break it down to each community that had activity and what happened there.

New listings this week are way down. 45 this week compared to 86 the previous week. After we get past the holidays things should pick up.

Closed listings are up. 135 this week compared to 129 the previous week.

Aurora-New 8 $156,000-$722,731

Closed-21 $340(must be a mistake)-$375,000

Bolingbrook-New 5 $325,000-$689,999

Closed-13 $240,000-$430,000

Naperville-New 6 $449,900-$1,099,900

Closed-21 $255,000-$1,364,258

Plainfield-New 4 $309,000-$437,240

Closed-17 $300,000-$560,000

Other communities had activity. Please look at the photo above to see activity in other communities.

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

Median list price this week $359,945, last week $385,000

Closed median price this week $346,000, last week $357,000.

Stats 1222422 — Stats for week ending December 24th

Conventional financing was used to close on 90 homes this week at median price $365,000 with 45 days average market time, last week 91 homes at median price $365,000 with 38 days average market time.

Conv 122422 — Conventional financing used to close for week ending December 24th

Cash was used to close on 22 homes at median price $265,000 with 63 days average market time, last week 21 homes at median price $385,000 with 45 days average market time.

Cash 122422 — Cash used to close for week ending December 24th

FHA financing was used to close on 16 homes at median price $318,000 with 32 days average market time, last week 10 homes at median price $326,250 with 41 days average market time.

FHA 122422 — FHA financing used to close for week ending December 24th

VA financing was used to close 6 homes this week at median price $319,950 with 38 days average market time, last week 3 homes at median price $360,000 with 51 days average market time.

VA 122422 — VA financing used to close for week ending December 24th

2,000 Square feet or more closed on 77 homes this week at median price $430,000 with 48 days average market time, last week 75 homes at median price $450,000 with 45 days average market time. Minimum price this week $275,000, last week $50,000.

2000 SF or more 122422 — 2,000 SF or more homes closed for week ending December 24th

Conventional financing is still the most desired financing and the majority of homes closed are 2,000 Sf or more.

Contracts accepted this week

Contracts accepted this week are consistent. 88 this week compared to 89 the previous week.

Aurora-24 Naperville-12

Plainfield-10

Other communities had activity. To see those communities click on the photo above.

No short sales were accepted this week.

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.

Median price of homes that went under contract this week $349,000 with 48 days average market time, last week $379,900 with 56 days average market time.

Contingent stats 122422 — Median price of homes that went under contract for week ending December 24th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 213 396 271

Totals 9433 9755 9820

Next week is the last week of the month and the last week of the year. We will show you 2021 and 2020 also so you can see how this year went compared to the previous 2 years.

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 go to the site for the information.

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

You can also connect with us on Facebook and search for homes there anytime by clicking on the “shop now” button.

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

Contact us

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

Fox Valley home prices December 24th. Have an awesome week and a happy and prosperous New Year!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 17th

Posted on December 17, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 17th

Fox Valley home prices December 17th. Things have really slowed down the closer we get to the holidays.

We will let you know how many new listings, closed listings, contracts accepted, 2022 by the month, median prices, and financing used to close.

New listings this week were slow but consistent. 86 this week compared to 82 the previous week.

Closed listings were consistent also. 129 this week compared to 132 the previous week.

Aurora-New 17 $199,999-$1,300,000

Closed-20 $134,500-$716,125

Naperville-New 9 $425,000-$1,155,000

Closed-17 $400,000-$1,625,000

Plainfield-New 17 $284,900-$725,003

Closed-21 $231,500-$682,800

St Charles-New 5 $495,000-$975,000

Closed-11 $250,000-$813,655

Other communities had activity this week. Look at the photo above to see. We just highlight the ones with the most activity.

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

Median list price this week $385,000, last week $404,450.

Closed median price this week $357,000, last week $385,500.

Stats 121722 — Stats for week ending December 17th

Conventional financing was used to close on 91 homes this week ate median price $365,000 with 38 days average market time, last week 86 homes at median price $404,500 with 37 days average market time.

Conv 121722 — Conventional financing used to close for week ending December 17th

Cash was used to close on 21 homes this week at median price $385,000 with 45 days average market time, last week 25 homes at median price $451,900 with 30 days average market time.

Cash 121722 — Cash used to close for week ending December 17th

FHA financing was used to close on 10 homes at median price $326,250 with 41 days average market time, last week 15 homes at median price $287,900 with 39 days average market time.

FHA 121722 — FHA financing used to close for week ending December 17th

VA financing was used to close on 3 homes at median price $360,000 with 51 days average market time, last week 5 homes at median price $330,000 with 42 days average market time.

VA 121722 — VA financing used to close for week ending December 17th

2,000 SF or more closed on 75 homes at median price $450,000 with 45 days average market time, last week 81 homes at median price $475,000 with 37 days average market time. Minimum price this week $50,000, last week $249,900.

2000 SF or more 121722 — 2,000 SF or more closed for week ending December 17th

Conventional financing is still the most used financing to close.

Contracts accepted this week

Contracts accepted this week were consistent. 89 this week compared to 94 the previous week.

Aurora-16 Naperville-16

Look at the photo above for the other communities seller’s accepted contracts.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 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. 2 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $379,900 with 56 days average market time, last week $355,745 with 114 days average market time.

Contingent Stats 121722 — Contract accepted stats for week ending December 17th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 168 261 183

Totals 9388 9620 9732

Couple more weeks left for 2022. New Years Eve we will show you 2021 and 2020 so you can compare the 3 years.

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

Resources

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

Check with your loan officer to see what interest rates you will be offered. It depends on your credit score and other things the loan officer will explain to you.

If there is other information that you are looking for and can’t find it, let us know, and we will point you in the right direction.

We invite you to connect with us onFacebook. If you click on the “shop now” button you can also search for homes there anytime you like.

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

Contact us

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

Fox Valley home prices December 17th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 10th

Posted on December 10, 2022December 11, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 10th

Fox Valley home prices December 10th. Weather has been great so far for December. Forecaster’s are saying we should be in the 40’s all week.

We will update you on what happened this last week on new listings, closed listings, contracts accepted, median prices, financing used, and 2022 by the month. Provide you with some resources to checkout.

New listing this week are down. 82 this week compared to 105 the previous week.

Closed listings are also down. 132 this week compared to 177 the previous week.

Aurora-New 13 $149,900-$722,731

Closed-14 $185,000-$626,002

Bolingbrook-New 5 $235,000-$399,000

Closed-16 $208,500-$836,659

Naperville-New 15 $409,000-$1,650,000

Closed-14 $432,000-$788,536

Plainfield-New 7 $350,000-$859,900

Closed-17 $222,000-$844,500

St Charles-New 4 $574,800-$1,275,000

Closed-11 $200,000-$1,125,000

Yorkville-New 3 $320,000-$354,990

Closed-11 $275,000-$800,000

Take a look at the picture above to see the other communities that had activity this week.

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

Median list price this week $404,450, last week $392,495.

Closed median price this week $385,500, last week $380,000.

Stats 121022 — Stats for week ending December 10th

Conventional financing was used to close on 86 homes this week at median price $404,500 with 37 days average market time, last week 122 homes at median price $407,500 with 45 days average market time.

Conv 121022 — Conventional financing used to close for week ending December 10th

Cash was used to close on 25 homes this week at median price $451,900 with 30 days average market time, last week 22 homes with median price $352,250 with 34 days average market time.

Cash 121022 — Cash used to close for week ending December 10th

FHA financing was used to close on 15 homes this week at median price $287,900 with 39 days average market time, last week 27 homes at median price $310,556 with 41 days average market time.

FHA 121022 — FHA financing used to close for week ending December 10th

VA financing was used to close on 5 homes at median price $330,000 with 42 days average market time, last week also 5 homes at median price $438,000 with 23 days average market time.

VA 121022 — VA financing used to close for week ending December 10th

2,000 square feet or more closed on 81 homes at median price $475,000 with 37 days average market time, last week 103 homes at median price $471,845 with 49 days average market time. Minimum price this week $249,900, last week $240,000.

2000 SF or more 121022 — 2,000 SF or more homes closed for week ending December 10th

Contracts accepted this week

Contracts accepted this week are down. 94 this week compared to 112 the previous week.

Aurora-17 Naperville-15

Plainfield-11

Look at the picture above for contracts accepted in other communities.

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

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 3 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 1 with 24 hours.

Median price of homes that went under contract this week $355,745 with 114 days average market time, last week the median price $349,900 with 64 days average market time.

Contingent Stats 121022 — Median price of contracts accepted for week ending December 10th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 82 132 94

Totals 9302 9491 9643

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 show you 2021 and 2020 so you can see how this year is doing. This month will close out the year. We are looking forward to 2023.

Resources

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

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

Look for our page on Facebook and you will be able to search for homes there anytime by clicking on the “shop now” button.

All data was downloaded this morning from our MLS, MRED, LLC. The data changes throughout the day as agents upload information.

Contact us

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

Fox Valley home prices December 10th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60543

630-503-6555 Ext 101

Fox Valley home prices December 3rd

Posted on December 4, 2022December 4, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 3rd

Fox Valley home prices December 3rd. It was a little busy yesterday so I didn’t get this posted.

We will show you the communities with the most activity listing prices, closed prices, contracts accepted this week, median prices, financing used, and 2022 by the month and a look back at 2021 and 2020 so you can see how this year is going. Resources for you to check out.

New listings this week were up. 105 this week compared to 80 the previous week.

Closed listings were also up. 177 this week compared to 112 the previous week.

Aurora-New 17 $89,900-$795,000

Closed-24 $205,000-$840,000

Bolingbrook-New 9 $214,900-$781,170

Closed-12 $200,000-$711,545

Geneva-New 2 $389,900-$825,000

Closed-11 $195,000-$950,000

Naperville-New 18 $440,000-$1,995,000

Closed-24 $226,000-$1,465,000

Oswego-New 6 $379,900-$525,000

Closed-11 $240,000-$659,500

Plainfield-New 16 $199,000-$1,199,900

Closed-23 $270,000-$616,000

St Charles-New 4 $239,000-$700,000

Closed-13 $242,000-$1,700,001

Yorkville-New 1 $525,000

Closed-11 $230,000-$702,600

Click on the photo above to see the communities that also had activity.

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

Median list price this week $392,495, last week $364,950.

Closed median price this week $380,000, last week $382,495.

Stats 120322 — Stats for week ending December 3rd

Conventional financing was used to close on 122 homes this week at median price $407,500 with 45 days average market time, last week 79 homes at median price $415,000 with 35 days average market time.

Conv 120322 — Conventional financing used to close for week ending December 3rd

Cash was used to close on 22 homes this week at median price $352,250 with 34 days average market time, last week 9 homes at median price $475,000 with 26 days average market time.

Cash 120322 — Cash used to close for week ending December 3rd

FHA financing was used to close on 27 homes this week at median price $310,556 with 41 days average market time, last week 19 homes at median price $300,000 with 47 days average market time.

FHA 120322 — FHA financing was used to close for week ending December 3rd

VA financing was used to close on 5 homes this week at median price $438,000 with 23 average market time, last week also 5 homes at median price $340,000 with 34 days average market time.

VA 120322 — VA financing used to close for week ending December 3rd

2,000 square feet or more closed on 103 homes this week at median price $471,845 with 49 days average market time, last week 69 homes at median price $460,000 with 34 days average market time. Minimum price this week $240,000, last week $267,000.

2000 SF or ore 120322 — 2,000 SF or more closed for week ending December 3rd

Contracts accepted this week

Contracts accepted this week were down. 112 this week compared to 132 the previous week.

Aurora-28 Naperville-12

Plainfield-18

Take a look at the photo above for the other communities with activity.

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

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

Median price that went under contract this week $349,900 with 64 days average market time, last week $375,000 with 54 days average market time.

Contingent Stats 120322 — Homes that went under contract this week

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

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

Totals 9220 9359 9549

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

November 557 854 931

Totals 10223 11875 12901

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

Totals 11830 10898 13363

There were 2610 more new listings in 2020 than this year.

For November it is pretty consistent all 3 years.

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

Resources

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

Check with your loan officer to see the interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

You can connect with us on Facebook and search for homes there as well. Click on the “shop now” button and search anywhere in Illinois.

All data provided was downloaded yesterday morning from our MLS, MRED, LLC. It changes continuously 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 December 3rd. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 26th

Posted on November 26, 2022November 26, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 26th

Fox Valley home prices November 26th. I hope everyone enjoyed a Happy Thanksgiving with family and friends. It is a short week this week since the holiday.

We will update you on how many new listings, closed, contracts accepted, 2022 by the month, resources, and how to get in touch with us.

New listings are down. 80 this week compared to 126 the previous week.

Closed listings were also down. 112 this week compared to 176 the previous week.

Aurora-New 25 $95,000-$672,900

Closed-15 $172,500-$618,000

Bolingbrook-New 6 $299,000-$424,900

Closed-10 $240,000-$887,939

Naperville-New 5 $340,000-$1,019,000

Closed-17 $301,000-$1,400,000

Plainfield-New 13 $260,000-$740,900

Closed-18 $290,000-$650,000

Other communities had activity this week. We are just highlighting the ones with the most activity. Look at photo above for other community activity and prices.

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

Median list price this week $364,900, last week $392,449.

Closed median price this week $382,495, last week $401,500.

Stats 112622 — Stats for week ending November 26th

Conventional financing was used to close on 79 homes this week at median price $415,000 with 35 days average market time, last week 128 homes with median price $415,750 with 40 days average market time.

Conv 112622 — Conventional financing used to close for week ending November 26th

Cash was used to close on 9 homes this week with a median price $475,000 with 26 days average market time, last week 26 homes at median price $415,500 with 28 days average market time.

Cash 112622 — Cash used to close for week ending November 26th

FHA financing was used to close on 19 homes this week at median price $300,000 with 47 days average market time, last week 16 homes at median price $296,250 with 29 days average market time.

FHA 112622 — FHA financing used to close for week ending November 26th

VA financing was used to close on 5 homes this week with median price $340,000 with 34 days average market time, last week 6 homes with median price $359,949 with 27 days average market time.

VA 112622 — VA financing used to close for week ending November 26th

2,000 square feet or more closed on 69 homes at median price $460,000 with 34 days average market time, last week 108 homes at median price $484,750 with 38 days average market time. Minimum price this week closed at $267,000, last week minimum price was $280,000.

2000 SF or more 112622 — 2,000 SF or more closed for week ending November 26th

Conventional financing continues to be the choice for loans.

Contracts accepted this week

Contracts accepted this week are consistent even in a short week. 132 this week compared to 128 the previous week.

Aurora-27 Naperville-23

Plainfield-20 St Charles-10

Other communities had activity. We are just highlighting the ones with the most activity. Look at picture above for communities with activity.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $375,000 with 54 days average market time, last week median price $331,450 with 40 days average market time.

Contingent Stats 112622 — Homes that went under contract for week ending November 26th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 469 587 512

Totals 9155 9182 9437

All the numbers are pretty tight. No extra new listings hanging around. They are getting sold.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also look back at 2021 and 2020 so you can see how this year compares. We will do this next week. Monday and Tuesday should have a lot of closings because of the holiday this week.

Resources

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

Check with your loan officer for the interest rate you will be offered. It depends on your credit score and other things that they will explain to you.

IHDA programs might not be offering anything right now, but I am leaving it there just in case they start another program.

All data provided today is from our Multiple Listing Service, MRED, LLC. It changes continuously throughout the day.

You can also connect with us onfacebook and search for homes there by clicking on the “shop now” button.

Contact us

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

Fox Valley home prices November 26th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 19th

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

Fox Valley home prices November 19th

Fox Valley home prices November 19th. We have had snow flurries the last few days here in the Fox Valley area of Illinois. Nothing that sticks though. Today should be the coldest day and then temperatures will go up and should be 52° by Thanksgiving Day.

We will highlight the communities with the most activity for new and closed prices, financing used, median prices, contracts accepted this week, and 2022 by the month.

New listings this week were pretty consistent. 126 this week compared to 122 the previous week.

Closed listings were up. 176 this week compared to 117 the previous week.

Aurora-New 19 $167,500-$589,000

Closed-25 $125,000-$530,000

Bolingbrook-New 9 $249,900-$550,000

Closed-16 $210,000-$816,929

Geneva-New 3 $310,000-$355,000

Closed-13 $270,000-$740,000

Naperville-New 25 $317,999-$1,699,900

Closed-23 $301,000-$981,000

Plainfield-New 17 $214,900-$646,549

Closed-25 $200,000-$1,232,271

St Charles-New 7 $225,000-$525,000

Closed-11 $370,000-$965,000

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

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

Median list price this week $392,449, last week $375,000

Closed median price this week $401,500, last week $358,000

Stats 111922 — Stats for week ending November 19th

Conventional financing was used to close 128 homes at median price $415,750 with 40 days average market time, last week 76 homes at median price $375,806 with 40 days average market time.

Conv 111922 — Conventional financing used to close for week ending November 19th

Cash was used to close on 26 homes this week at median price $415,500 with 28 days average market time, last week 17 homes at median price $345,000 with 97 days average market time.

Cash 111922 — Cash used to close for week ending November 19th

FHA financing was used to close 16 homes this week at median price $296,250 with 29 days average market time, last week 18 homes at median price $305,955 with 41 das average market time.

FHA 111922 — FHA financing used to close for week ending November 19th

VA financing was used to close on 6 homes this week at median price $359,949 with 27 days average market time, last week 3 homes at median price $385,000 with 5 days average market time.

VA 111922 — VA financing used to close for week ending November 19th

2,000 square feet or more closed on 108 homes this week at median price $484,750 with 38 days average market time, last week 66 homes at median price $459,995 with 48 days average market time. Minimum price this week for a 2,000 SF or more was $280,000, last week $235,000.

2000 SF or more 111922 — 2,000 SF or more closed for week ending November 19th

Conventional financing continues to be the financing most seller’s are looking for and buyer’s are using.

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 389 475 380

Totals 9035 9070 9305

New listings are getting lower and they are selling. If you need to sell it is still a good time.

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

Resources

Click on everything that is bold and underlined. It will take you to the site for the information. We try to share the information that you might be looking for. If there is other information that is not listed here let us know and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things. They will explain it to you.

Now is a good time to check into down payment assistance and IHDA programs.

Connect with us onFacebook you can also search for a home there by clicking on “shop now.”

All data provided today is from our Multiple listing service, MRED, LLC. It changes continuously throughout the day as agents upload their information of new listings, price changes, contract accepted or back on the market.

Contact us

Call us at 630-503-6555. Your goal is our goal.

Fox Valley home prices November 19th. Have a Happy Thanksgiving!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 5th

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

Fox Valley home prices November 5th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 110522 — Stats for week ending November 5th

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

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

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

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

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

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

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

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

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

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

Contracts accepted this week

Contracts accepted by seller’s this week are down. 119 this week compared to 156 the previous week.

Aurora-17 Naperville-15

Plainfield-18 St Charles-14

1 short sale was accepted by a seller. It was in Plainfield. 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 72 hours, 2 with 48 hours, and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Medium price of homes that went under contract this week $379,900 with 51 days average market time, last week $369,450 with 45 days average market time.

Contingent Stats 110522 — Contingent Stats for week ending November 5th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 141 182 119

Totals 8787 8777 9044

Check back with us every Saturday for the real estate market update. At the end of each month we will look back at 2021 and 2020 so you have something to compare to.

Resources

Click on everything that is bold and underlined to take you to the site for the information. If there is other information you are looking for let us know and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and some other things. They can explain it to you.

Look for us on Facebook and give us a “like.” If you click on the button “shop now” you can search for homes. There is a down arrow so you can search different criteria.

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

Contact us

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

Fox Valley home prices November 5th. have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101