Fox Valley area of Illinois home prices February 22nd

Posted on February 22, 2025February 22, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices February 22nd

Fox Valley area of Illinois home prices February 22nd. Cloudy and 34 degrees today, but this next week it is going to be in the 40’s. It is going to be a heat wave!

New listings this week are up slightly. 162 this week compared to 140 the previous week.

Closed listings are also up slightly. 125 this week compared to 100 the previous week.

Aurora New-20 $219,900-$789,900

Closed-20 $205,000-$648,103

Bolingbrook New-15 $275,000-$870,845

Closed-12 $250,850-$835,000

Elgin New-17 $228,890-$750,000

Closed-15 $124,000-$712,310

Naperville New-35 $340,000-$4,890,000

Closed-13 $459,700-$899,000

Plainfield New-23 $274,900-$750,000

Closed-11 $220,000-$784,464

St Charles New 8 $425,000-$1,399,900

Closed-10 $325,000-$800,000

These are the communities with the most activity this week. To see other communities that also had activity look at the photo above and their price ranges.

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

Median list price this week $468,900, last week $460,945.

Closed median price this week $410,000, last week $442,500.

Stats 022225 — Stats for week ending February 22nd

Conventional financing was used to close on 87 homes this week at median price $440,000 with 43 days average market time, last week 68 homes at median price $444,995 with 45 days average market time.

Conv 022225 — Conventional financing used to close for week ending February 22nd

Cash was used to close on 20 homes this week at median price $417,500 with 65 days average market time, last week 18 homes at median price $470,549 with 84 days average market time.

FHA financing was used to close on 13 homes this week at median price $280,000 with 46 days average market time, last week 8 homes at median price $435,250 with 39 days average market time.

FHA 022225 — FHA financing used to close for week ending February 22nd

VA financing was used to close on 5 homes this week at median price $469,900 with 56 days average market time, last week 6 homes at median price $376,500 with 104 days average market time.

VA 022225 — VA financing used to close for week ending February 22nd

2,000 SF or more closed on 66 homes this week at median price $524,000 with 44 days average market time, last week 56 homes at median price $536,700 with 81 days average market time. Minimum price this week $280,000, last week $328,000.

2000 SF or ore 022225 — 2,000 SF or more closed for week ending February 22nd

69.6% of homes closed using conventional financing this week.

Under contract this week

Homes that went under contract this week are consistent. 145 this week compared to 139 the previous week.

Aurora-11 Elgin-11

Naperville-21 Plainfield-19

These are the communities seller’s accepted the most contracts. Other communities saw activity this week. You can see in the photo above.

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

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

Under contract median price this week $439,900 with 49 days average market time, last week $409,000 with 46 days average market time.

Under contract ststs 022225 — Under contract stats for week ending February 22nd

2023 by the month

Month New Closed Under contract

January 585 570 652

February 453 345 427

Totals 1038 915 1079

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

At the end of the month we will also take a look back at 2024 and 2023 so you have something to compare to.

Contact us

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

You can go to the National Association of REALTORS to get some great information from the guides listed there. Everything from working with a REALTOR, to financing, closing costs, earnest money, buying your first home, and steps between signing and closing. Scroll down to find the guides.

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

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

Fox Valley area of Illinois home prices February 22nd. Have an awesome week! The weather looks great for next week.

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley area of Illinois home prices January 25th

Posted on January 25, 2025January 25, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois home prices January 25th

Fox Valley area of Illinois home prices January 25th. It is a gorgeous sunny day today. 39 with highs this next week from 29-42 and lows from 14-34.

New listings this week are down. 103 this week compared to 138 the previous week.

Closed listing are down slightly. 96 this week compared to 109 the previous week.

See the communities this week with the most activity and their price ranges.

Aurora New-14 $199,900-$629,000

Closed-10 $145,000-$583,702

Elgin New-12 $280,000-$769,760

Closed-11 $255,000-$550,000

Naperville New-17 $415,000-$2,999,000

Closed-5 $435,495-$1,025,000

Plainfield New-18 $280,000-$665,000

Closed-14 $311,000-$595,000

Photo above shows other communities that also had activity this week and their price ranges.

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

Median list price this week $436,610, last week $429,900.

Closed median price this week $420,000, last week $424,786.

Stats 012525 — Stats for week ending January 25th

Conventional financing was used to close on 63 homes this week at median price $469,150 with 52 days average market time, last week 74 homes at median price $462,500 with 41 days average market time.

Conv 012525 — Conventional financing used to close for week ending January 25th

Cash was used to close on 23 homes this week at median price $410,000 with 79 days average market time, last week 18 homes at median price $307,500 with 38 days average market time.

Cash 012525 — Cash used to close for week ending January 25th

FHA financing was used to close on 10 homes this week at median price $314,950 with 108 days average market time, last week 13 homes at median price $350,000 with 79 days average market time.

FHA 012525 — FHA financing used to close for week ending January 25th

VA financing was used to close on 1 home this week at $365,500 with 46 days average market time, last week 3 homes at median price $560,000 with 49 days average market time.

VA 012525 — VA financing used to close for week ending January 25th

2,000 SF or more closed on 58 homes at median price $499,995 with 75 days average market time, last week 67 homes at median price $496,500 with 49 days average market time. Minimum price this week $311,000, last week $180,000.

2000 SF or more 012525 — 2,000 SF or more closed for week ending January 25th

Over 65% of homes closed this week using conventional financing. If you had cash to that it is over 89%. That doesn’t leave much room for FHA financing.

Under contract this week

Homes that went under contract this week are up slightly. 160 this week compared to 144 the previous week.

Here are the communities seller’s accepted the most contracts.

Aurora-25 Bolingbrook-22

Elgin-15 Naperville-16

Oswego-10 Plainfield-23

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 3 with 48 hours.

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

That is only 8 out of 160 homes that went under contract that have a home contingency.

Under contract this week median price $417,450 with 52 days average, last week $398,750 with 50 days average market time.

Under contract stats 012525 — Under contract stats for week ending January 25th

2025 by the month

Month New Closed Under contract

January 459 431 497

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

At the end of each month we will also take a look back at 2024 and 2023 so you have something to compare to.

Contact us

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

Here are some consumer guides that might answer some of your questions from the National Association of REALTORS here. These are for either a buyer or seller. Scroll down to see the guides.

You can also click on these to take you to the information request a home valuation, sign-up for email alerts, search for a home, IHDA programs, and down payment assistance.

Also ask your lender to see if they have any programs that might help you.

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

Fox Valley area of Illinois home prices January 25th. 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 area of Illinois activity January 11th

Posted on January 11, 2025January 11, 2025 by Kristine Heiman, Designated Managing Broker

Fox Valley area of Illinois activity January 11th

Fox Valley area of Illinois activity January 11th. High temperatures for this next week will go from 16-43 degrees. Lows from 4-26. Winter will be with us for a while.

New listings this week are up. 134 this week compared to 84 the previous week.

Closed listings this week are consistent. 116 this week compared to 110 the previous week.

Here are the communities with the most activity this week.

Aurora New-13 $205,000-$695,000

Closed-12 $220,000-$1,025,000

Bolingbrook New-11 $199,900-$625,000

Closed-6 $298,000-$468,000

Elgin New-16 $246,995-$600,000

Closed-14 $135,000-$711,230

Naperville New-21 $434,900-$1,999,000

Closed-13 $415,000-$1,100,000

Oswego New-6 $349,900-$1,299,000

Closed-11 $327,500-$620,000

Plainfield New-19 $339,000-$929,000

Closed-13 $350,000-$826,000

See the picture above for the other communities that had activity and their price ranges.

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

Median list price this week $448,250, last week $427,450.

Closed median price this week $432,450, last week $425,000

Stats 011125 — Stats for week ending January 11th

Conventional financing was used to close on 78 homes this week at median price $452,000 with 51 days average market time, last week 82 homes at median price $442,500 with 37 days average market time.

Conv 011125 — Conventional financing used to close for week ending January 11th

Cash was used to close on 24 homes this week at median price $425,000 with 68 days average market time, last week 14 homes at median price $378,750 with 33 days average market time.

Cash 011125 — Cash used to close for week ending January 11th

FHA financing was used to close on 10 homes this week at median price $401,500 with 52 days average market time, last week 11 homes at median price $372,000 with 41 days average market time.

FHA 011125 — FHA financing used to close for week ending January 11th

VA financing was used to close on 3 homes this week at median price $340,900 with 79 days average market time, last week 2 homes at median price $550,625 with 35 days average market time.

VA 011125 — VA financing used to close for week ending January 11th

2,000 SF or more closed on 73 homes this week at median price $524,900 with 48 days average market time, last week 64 homes at median price $490,000 with 44 days average market time. Minimum price this week $314,900, last week $250,000.

2000 SF or more 011125 — 2,000 SF or more closed for week ending January 11th

67% or homes closed this week used conventional financing.

More than half of the homes closed this week were at least 2,000 SF or more.

Under contract this week

103 homes went under contract this week compared to 90 the previous week.

Communities with the most activity this week with seller’s accepting the most contracts.

Aurora-11 Elgin-12

Naperville-11 Plainfield-19

No short sales accepted 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 and 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 72,48, and 24 hours.

Under contract this week median price $439,900 with 74 days average market time, last week $414,200 with 67 days average market time.

Under contract stats 011125 — Under contract stats for week ending January 11th

Activity is picking up now that we are past the holidays.

2025 by the month

Month New Closed Under contract

January 218 226 193

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

At the end of each month we will take a look back at 2024 and 2023 so you have something to compare to.

Contact us

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

Go to the NATIONAL ASSOCIATION OF REALTORS site Hereand scroll down until you see consumer resources for homebuyers and sellers for some good information that might be helpful to you.

Also

You can also ask your lender if they have any programs to help you.

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

Our contract to purchase is changing February 1st so be ready for us to spend extra time explaining it to you.

Fox Valley area of Illinois activity January 11th. 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 June 15th

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

Fox Valley home prices June 15th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 061524 — Stats for week ending June 15th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-30 Bolingbrook-22

Elgin-19 Naperville-34

Plainfield-22 St Charles-18

3 short sales were accepted by seller’s this week. 1 each in Aurora, Naperville, and Plainfield. Now they will be submitted to the lender to see if they will also accept.

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

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

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

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

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

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 497 452 451

Totals 4261 3693 4409

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

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

Contact us

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

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

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

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

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

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

Fox Valley home prices June 15th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 3rd

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

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd. Temperatures this next week are going to be so nice! Upper 40’s to mid 50’s.

New listings this week are up. 138 this week compared to 119 the previous week.

Closed listings are also up. 140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

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

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324 — Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324 — Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324 — Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324 — FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324 — VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time. Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324 — 2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are up slightly. 142 this week compared to 131 the previous week.

Aurora-19 Bolingbrook-10

Elgin-24 Naperville-15

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, 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 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324 — Under contract stats for week ending February 3rd

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 579 523 599

2023

January 483 326 470

2022

January 422 492 623

We waited until this week since there were 3 days this week still in January.

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

Contact us

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

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

Information for you to check out

Fox Valley home prices February 3rd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices 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 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 August 12th

Posted on August 12, 2023August 12, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 12th

Fox Valley home prices August 12th. It looks like a roller coaster with temps for the next couple of weeks. Highs range from 70-88 during the day and lows from 53-72 at night. Possible rain on Monday.

New listings are pretty consistent. 179 this week compared to 185 the previous week.

Closed listings are down. 176 this week compared to 211 the previous week.

Aurora-New 28 $187,500-$575,000

Closed-22 $127,500-$955,000

Bolingbrook-New 14 $255,000-$525,000

Closed-12 $233,000-$910,000

Naperville-New 38 $299,000-$2,999,995

Closed-29 $270,000-$1,700,000

Plainfield-New 18 $324,900-$845,000

Closed-25 $245,000-$1,117,561

St Charles-New 9 $275,000-$659,000

Closed-22 $150,000-$1,317,000

Yorkville-New 12 $275,000-$519,990

Closed-12 $305,000-$915,000

These are the communities with the most activity this week. Click on the photo above to see the price ranges of other communities that also had activity.

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

Median list price this week is the same as last week $449,900.

Closed listings this week $449,945, last week $442,000.

First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000. What a difference!

Stats 081223 — Stats for week ending August 12th

Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.

Conv 081223 — Conventional financing used to close for week ending August 12th

Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.

Cash 081223 — Cash used to close for week ending August 12th

FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.

FHA 081223 — FHA financing used to close for week ending August 12th

VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.

VA 081223 — VA financing used to close for week ending August 12th

2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time. Minimum price this week $233,000, last week $245,000.

2000 SF or more 081223 — 2,000 SF or more closed for week ending August 12th

Under contract this week

Homes under contract this week are consistent. 186 this week compared to 194 the previous week.

Aurora-35 Naperville-28

Plainfield-24 St Charles-13

Yorkville-11

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, 1 with 48 hours, and 4 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.

Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.

Under contract 081223 — Under contract median price for week ending August 12th

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 364 387 380

Totals 5272 4821 5667

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 to.

Resources

Click on everything that is bold and underlined to take you to the site for the information. If you are looking for other information not here let us know. We will point you in the right direction.

If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell. Many factors go into this so we will update you when an offer comes in and we know all the terms agreed to.

You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for. You can also keep track of your neighborhood prices.

Search for a home anytime you like.

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 August 12th. 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 August 5th

Posted on August 5, 2023August 5, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 5th

Fox Valley home prices August 5th. 70 and 80’s during the day and low to mid 60’s at night for the next couple of weeks. A few days of rain to look forward to.

New listings this week are down. 185 this week compared to 204 the previous week.

Closed listings are consistent. 211 this week compared to 212 the previous week.

Aurora-New 27 $134,900-$1,250,000

Closed-21 $99,544-$821,000

Bolingbrook-New 11 $254,500-$761,649

Closed-17 $237,000-$530,000

Geneva-New 6 $419,900-$720,000

Closed-10 $275,000-$1,315,000

Naperville-New 32 $349,900-$8,200,000

Closed-46 $370,000-$1,725,000

Oswego-New 13 $380,000-$552,407

Closed-8 $245,000-$1,250,000

Plainfield-New 24 $325,000-$667,500

Closed-36 $310,000-$880,000

St Charles-New 13 $299,900-$1,600,000

Closed-13 $231,000-$855,000

Yorkville-New 10 $269,900-$539,900

Closed-12 $260,000-$515,000

These are the communities with the most activity this week. Other communities had activity as well. Click on the photo above to see the price ranges. You just might find a price range that works for you.

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

Median list price this week $449,900, last week $449,945.

Closed median price this week $442,000, last week $432,500.

Stats 080523 — Stats for week ending August 5th

Conventional financing was used to close on 152 homes this week at median price $460,000 with 27 days average market time, last week 153 homes at median price $475,000 with 25 days average market time.

Conv 080523 — Conventional financing used to close for week ending August 5th

Cash used to close on 34 homes this week at median price $414,000 with 22 days average market time, last week 28 homes at median price $400,000 with 38 days average market time.

Cash 080523 — Cash used to close for week ending August 5th

FHA financing used to close on 18 homes this week at median price $368,950 with 9 days average market time, last week 19 homes at median price $339,900 with 30 days average market time.

FHA 080523 — FHA financing used to close for week ending August 5th

VA financing was used to close on 6 home this week at median price $347,500 with 43 days average market time, last week 12 homes at median price $417,244 with 30 days average market time.

VA 080523 — VA financing used to close for week ending August 5th

2,000 Square feet or more closed on 145 homes at median price $515,000 with 27 days average market time, last week 134 homes at median price $552,666 with 34 days average market time. Minimum price this week $245,000, last week $250,000.

2000 SF or more 080523 — 2,000 SF or more closed for week ending August 5th

72% of homes closed using Conventional financing.

Under contract this week

Homes under contract this week are slightly up. 194 this week compared to 185 the previous week.

Aurora-18 Bolingbrook-21

Geneva-10 Naperville-30

Oswego-13 Plainfield-30

St Charles-18 Yorkville-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 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. 3 with a kick-out clause of 48 hours and 1 that does not let us know.

Homes that went under contract this week had a median price of $389,900 with 30 days average market time, last week $419,900 with 28 days average market time.

Under contract stats 080523 — Under contract stats for week ending August 5th

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 185 211 194

Totals 5093 4645 5481

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 at 2022 and 2021 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 you would like to know what your home might sell for in today’s market request a home valuation and we will also provide you with an estimate of expenses to sell so you know what you might walk away with.

You can sign-up for email alerts so you can see homes when they hit the market.

Search for a home anytime even if it is just to keep an eye on the prices in your neighborhood.

All data provided today is 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 August 5th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-6503-6555 Ext 101