Fox Valley home prices July 29th

Posted on July 29, 2023July 29, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 29th

Fox Valley home prices July 29th. We have had a couple of extremely hot days. I hope that is the end of those.

New listings are up. 204 this week compared to 180 the previous week.

Closed listings are also up. 212 this week compared to 180 the previous week.

Aurora-New 17 $159,900-$775,000

Closed-35 $187,000-$680,000

Bolingbrook-New 18 $120,000-$779,900

Closed-17 $300,000-$595,000

Geneva-New 10 $300,000-$899,900

Closed-8 $275,000-$2,335,500

Montgomery-New 4 $375,000-$409,900

Closed-11 $250,000-$440,500

Naperville-New 38 $369,900-$2,100,000

Closed-39 $376,000-$2,199,900

Plainfield-New 22 $320,000-$714,990

Closed-28 $270,000-$735,000

St Charles-New 14 $250,000-$1,850,000

Closed-7 $359,900-$1,150,000

Yorkville-New 24 $299,900-$1,490,000

Closed-10 $300,000-$965,000

These are the communities with the most activity this week. Other communities had activity. Click on the photo above to see the price ranges in those communities. You just might find something there.

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

Median list price this week $449,945, last week $434,750.

Closed median price this week $432,500, last week $431,500.

Stats 072923 — Stats for week ending July 29th

Conventional financing was used to close on 153 homes this week at median price $475,000 with 25 days average market time, last week 132 homes at median price $448,750 with 35 days average market time.

Conv 072923 — Conventional financing used to close for week ending July 29th

Cash was used to close on 28 homes this week at median price $400,000 with 38 days average market time, last week 22 homes at median price $359,687 with 29 days average market time.

Cash 072923 — Cash used to close for week ending July 29th

FHA financing was used to close on 19 homes this week at median price $339,900 with 30 days average market time, last week 13 homes at median price $335,000 with 17 days average market time.

FHA 072923 — FHA financing used to close for week ending July 29th

VA financing was used to close on 12 homes this week at median price $417,244 with 30 days average market time, last week 10 homes at median price $438,500 with 11 days average market time.

VA 072923 — VA financing used to close for week ending July 29th

2,000 square feet or more closed on 134 homes this week at median price $552,666 with 34 days average market time, last week 118 homes at median price $503,500 with 53 days average market time. Minimum price this week is the same as last week $250,000.

2000 SF or more 072923 — 2,000 SF or more closed for the week ending July 29th

72% of homes closed using Conventional financing.

Under contract this week

Homes that went under contract this week are down. 185 this week compared to 227 the previous week.

Aurora-23 Naperville-31

Plainfield-33 St Charles-17

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

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

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

Median price of homes that went under contract this week $419,900 with 28 days average market time, last week $414,900 with 30 days average market time.

Under contract stats 072923 — Under contract stats for week ending July 29th

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

Totals 4908 4434 5287

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

Totals 6198 6116 6519

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

Totals 6759 7434 8619

You can see the amount of new listings has drastically gone down. That is why prices have increased so much. We need a bigger supply of homes to bring the prices down.

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. If you are looking for information that is not here let us know what you are looking for and we will point you in the right direction.

If you want to know what your home is worth right now request a home valuation.

You can sign-up for email alerts so you will receive listings as soon as they hit the market with the criteria you select.

Search for homes whenever you want. You can keep track of homes in your neighborhood or try to find a home to purchase.

All data provided to day is from our MLS, MRED, LLC. It changes 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 July 29th. 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 July 15th

Posted on July 15, 2023July 15, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 15th

Fox Valley home prices July 15th. We have finally gotten some much needed rain. The grass is green again.

New listings this week are slightly up. 206 this week compared to 175 the previous week.

Closed listings are consistent. 180 this week compared to 173 the previous week.

Aurora-New 28 $179,900-$835,000

Closed-29 $165,000-$850,000

Batavia-New 10 $165,000-$750,000

Closed-5 $350,000-$740,000

Bolingbrook-New 14 $269,900-$829,900

Closed-14 $250,000-$910,000

Naperville-New 40 $294,900-$5,595,000

Closed-40 $395,000-$1,900,000

Oswego-New 12 $299,000-$489,000

Closed-4 $380,000-$490,000

Plainfield-New 25 $220,000-$959,900

Closed-23 $264,900-$970,000

St Charles-New 10 $355,000-$2,990,000

Closed-16 $250,000-$890,000

Check out the other communities that had activity this week in the photo above.

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

Median list price this week $441,250, last week $423,384.

Closed median price this week $450,000, last week $420,000.

Stats 071523 — Stats for week ending July 15th

Conventional financing was used to close on 129 homes this week at median price $487,500 with 26 days average market time, last week 137 homes at median price $445,000 with 29 days average market time.

Conv 071523 — Conventional financing used to close for week ending July 15th

Cash was used to close on 28 homes this week at median price $457,500 with 29 days average market time, last week 19 homes at median price $442,000 with 12 days average market time.

Cash 071523 — Cash used to close for week ending July 15th

FHA financing was used to close on 18 homes at median price $403,732 with 34 days average market time, last week 12 homes at median price $328,000 with 4 days average market time.

FHA 071523 — FHA financing used to close for week ending July 15th

VA financing was used to close on 5 homes at median price $390,000 with 21 days average market time, last week 4 homes at median price $290,000 with 28 days average market time.

VA 071523 — VA financing used to close for week ending July 15th

2,000 square feet or more closed on 119 homes this week at median price $530,000 with 32 days average market time. last week 97 homes at median price $515,000 with 32 days average market time. Minimum price this week $178,000, last week $284,000.

2000 SF or more 071523 — 2,000 SF or more closed for week ending July 15th.

71% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are slightly up. 207 this week compared to 186 the previous week.

Aurora-34 Bolingbrook-17

Naperville-34 Oswego-11

Plainfield-28 St Charles-14

Yorkville-11

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

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

Homes that went under contract this week had a median price $410,000 with 36 days average market time, last week $400,000 with 30 days average market time.

Under contract 071523 — Under contract for week ending July 15th

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 381 353 393

Totals 7960 4042 4875

Homes sell throughout the year. Some months are busier than others.

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 thinking about selling request a home valuation so we can let you know about what your home is worth in today’s market. We can also provide you with a net proceeds that shows an estimate of expenses to sell.

You can sign-up for email alerts so you don’t miss out on a new listings with your criteria.

Search for a home anytime even if it is just to keep up with the home prices.

All data provided today is from our MLS, MRED, LLC. Data 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 July 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 July 8th

Posted on July 8, 2023July 8, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 8th

Fox Valley home prices July 8th. We are finally getting some rain. Temperatures for the next couple of weeks will be in the 80’s during the day and mid 60’s at night.

New listings this week are pretty consistent for a holiday week. 175 this week compared to 184 the previous week.

Closed listings are down. 173 this week compared to 258 the previous week.

Aurora- New-27 $225,000-$850,000

Closed-28 $145,000-$680,000

Bolingbrook-New 11 $230,000-$534,900

Closed-11 $255,000-$609,000

Geneva- New 6 $275,000-$799,900

Closed-10 $326,000-$1.275,000

Naperville-New 33 $359,900-$1,365,000

Closed-27 $405,000-$2,210,000

Plainfield-New 27 $175,000-$795,000

Closed-17 $225,000-$1,250,000

St Charles-New 21 $199,900-$1,695,000

Closed-14 $210,000-$1,670,000

Yorkville-New 10 $299,900-$774,900

Closed-12 $235,000-$561,000

Usually when it is a holiday week things are slower.

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

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

Median list price this week $423,384, last week $439,450.

Closed median price this week $420,000, last week $435,000

Stats 070823 — Stats for week ending July 8th

Conventional financing was used to close on 137 homes this week at median price $445,000 with 29 days average market time, last week 197 homes at median price $451,000 with 24 days average market time.

Conv 070823 — Conventional financing used to close for week ending July 8th

Cash was used to close on 19 homes this week at median price $442,000 with 12 days average market time, last week 39 homes at median price $445,000 with 26 days average market time.

Cash 070823 — Cash used to close for week ending July 8th

FHA financing used to close on 12 homes this week at median price $328,000 with 4 days average market time, last week 16 homes at median price $302,500 with 33 days average market time.

FHA 070823 — FHA financing used to close for week ending July 8th

VA financing was used to close on 4 homes this week at median price $290,000 with 28 days average market time, last week 5 homes at median price $350,000 with 10 days average market time.

VA 070823 — VA financing used to close for week ending July 8th

2,000 square feet or more closed on 97 homes at median price $515,000 with 32 days average market time, last week 162 homes at median price $542,500 with 29 days average market time. Minimum price this week $284,000, last week $272,000.

2000 SF or more 070823 — 2,000 SF or more closed for week ending July 8th

79% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are consistent. 186 compared to 195 the previous week.

Aurora-28 Batavia-10

Bolingbrook-12 Naperville-28

Plainfield-30 St Charles-13

Yorkville-12

1 short sale was accepted 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. 3 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

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

Median price for homes that went under contract this week $400,000 with 30 days average market time, last week $412,00 with 24 days average market time.

Under contract 070823 — Under contract for the week ending July 8th

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 175 173 186

Totals 4318 3862 4668

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

Resources

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

If you are thinking about selling a home request a home valuation and we will give you an estimate of what it might sell for in today’s market and provide you with a net proceeds that shows you what you might walk away with at closing.

Sign-up for email alerts so you will get email with homes that you might want to take a look at.

You can always search for a home anytime.

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 July 8th. 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 July 1st

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

Fox Valley home prices July 1st

Fox Valley home prices July 1st. We should get much needed rain today and tomorrow. The next couple of weeks will be in the mid 80’s during the day and mid 60’s at night.

New listings this week are slightly down. 184 this week compared to 204 the previous week.

Closed listings are up. 258 this week compared to 164 the previous week.

Aurora-New 27 $184,900-$949,900

Closed-36 $197,000-$815,000

Batavia-New 6 $199,900-$769,000

Closed-11 $325,000-$905,000

Naperville-New 25 $300,000-$1,889,000

Closed-47 $325,000-$1,260,000

Plainfield-New 26 $160,000-$850,000

Closed-41 $216,000-$743,969

St Charles-New 11 $315,000-$1,350,000

Closed-22 $280,000-$1,265,000

West Chicago-New 1 $475,000

Closed 11 $209,900-$699,900

Yorkville-New 14 $245,000-$949,900

Closed-10 $342,500-$851,000

These are the price ranges of the communities with the most activity this week. Click on the photo above to see 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 $444,990, last week $439,450.

Closed median price this week $443,750, last week $435,000.

Stats 070123 — Stats for week ending July 1st

Conventional financing was used to close on 197 homes this week at median price $451,000 with 24 days average market time, last week 113 homes at $455,000 with 20 average market time.

Conv 070123 — Conventional financing used to close for week ending July 1st

Cash was used to close on 39 homes this week at median price $445,000 with 26 days average market time, last week 31 homes at median price $445,000 with 17 days average market time.

Cash 070123 — Cash used to close for week ending July 1st

FHA financing was used to close on 16 homes this week at median price $302,500 with 33 days average market time, last week 17 homes at median price $338,000 with 29 days average market time.

FHA 070123 — FHA financing used to close for week ending July 1st

VA financing was used to close on 5 homes this week at median price $350,000 with 10 days average market time, last week 3 homes at median price $335,000 with 14 days average market time.

VA070123 — VA financing used to close for July 1st

2,000 Square feet or more closed on 162 homes at median price $542,500 with 29 days average market time, last week 97 homes at median price $510,000 with 24 days average market time. Minimum price this week $272,000, last week $250,000.

2000 SF or more 070123 — 2,000 SF or more closed for week ending July 1st

76% of homes closed this week used Conventional financing. FHA financing was used only 16 times out of 258 closed.

Under contract this week

Homes that went under contract this week were slightly up. 195 this week compared to 189 the previous week.

Aurora-22 Bolingbrook-25

Naperville-29 Plainfield-27

St Charles-17 Yorkville-14

3 short sales were accepted by seller’s this week. 2 were in Bolingbrook and 1 in Montgomery.

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

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

Median price of homes that went under contract this week $412,000 with 24 days average market time, last week $420,000 with 30 days average market time.

Under contract 070123 — Under contract for week ending July 1st

2023 by the month and a look back to 2019

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

Totals 4143 3689 4482

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

Totals 5243 5184 5611

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

Totals 5641 6252 7409

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

Totals 6790 4506 6714

2019

January 878 407 568

February 1032 463 832

March 1731 915 1375

April 1594 792 1307

May 1645 995 1280

June 1643 1253 1218

Totals 8523 4825 6580

In 2019 there were more than double the new listings as this year so far. Looking at 5 years you can see why the prices have increased.

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 usually look back at 2022 and 2021. In December we will go back to 2019 again so you can see the 5 years to compare.

Resources

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

Let us know what other information you are looking for and we will point you in the right direction.

If you are thinking about selling your home request a home valuation and we will also show you an estimate of what you will receive at closing.

You can sign-up for email alerts so you don’t miss out on a listing as it hits the market.

You can also 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 July 1st. 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 June 24th

Posted on June 24, 2023June 24, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 24th

Fox Valley home prices June 24th. It is a hot one today! Hopefully we might see some rain in the next couple of days. Mid 80’s during the day and mid 60’s at night for the next couple of weeks . It is severely dry here.

New listings this week are consistent. 204 this week compared to 199 the previous week.

Closed listings are down. 164 this week compared to 229 the previous week.

Aurora-New 26 $200,000-$1,250,000

Closed-21 $175,000-$590,000

Bolingbrook-New 28 $239,900-$848,500

Closed-21 $200,000-$775,000

Naperville-New 39 $350,000-$1,375,000

Closed-29 $250,000-$2,075,000

Plainfield-New 26 $297,900-$1,350,000

Closed-20 $303,000-$676,430

St Charles-New 16 $297,000-$1,395,000

Closed-10 $251,500-$715,000

Out of the 25 communities with activity this week. These are the ones that are most active. Click on photo above to see the other communities.

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

Median list price this week $439,450, last week $448,542.

Closed median price this week $435,000, last week $450,000.

Stats 062423 — Stats for week ending June 24th

Conventional financing was used to close on 113 homes this week at median price $455,000 with 20 days average market time, last week 169 homes at median price $458,000 with 21 days average market time.

Conv 062423 — Conventional financing used to close for week ending June 24th

Cash was used to close on 31 homes at median price $445,000 with 17 days average market time, last week 34 homes at median price $509,250 with 24 days average market time.

Cash 062423 — Cash used to close for week ending June 24th

FHA financing was used to close on 17 homes this week with median price $338,000 with 29 days average market time, last week 17 homes at median price $350,000 with 31 days average market time.

FHA 062423 — FHA financing used to close for week ending June 24th

VA financing was used to close on 3 homes this week at median price $335,000 with 14 days average market time, last week 7 homes at median price $495,000 with 14 days average market time.

VA 062423 — VA financing was used to close for week ending June 24th

2,000 square feet or more closed on 97 homes this week at median price $510,000 with 24 days average market time, last week 160 homes at median price $520,000 with 25 days average market time. Minimum price this week $250,000, last week $238,000.

2000 SF or more 062423 — 2,000 SF or more for week ending June 24th

Conventional financing continues to be the most used financing at just under 70% this week.

Under contract this week

Homes under contract this week are down slightly. 189 this week compared to 198 the previous week.

Aurora-21 Bolingbrook-13

Geneva-11 Naperville-37

Plainfield-24 St Charles-11

1 short sale was accepted by a seller this week. It was in North 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. 2 with a kick-out clause of 72 hours, 2 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 under contract this week is $420,000 with 30 days average market time, last week $449,450 with 36 days average market time.

Under contract this week 020423 — Under contract this week for week ending June 24th

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 846 801 731

Totals 3959 3431 4287

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

Resources

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

Check with your loan officer to see if they offer any programs that will help with closing costs or anything else.

If you would like to see what your home is worth on today’s market request home valuation and we will give you an idea of what the costs to sell your home might be.

Don’t miss out on a new listing sign-up for email alerts and you will be emailed a listing as soon as it hits our MLS.

You can always search for a home anytime or check on what homes are selling for.

Let us know what information you need.

All data was provided this morning by 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 June 24th. 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 June 10th

Posted on June 10, 2023June 10, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 10th

Fox Valley home prices June 10th. Weather continues to be in the 70 and 80’s getting down to the upper 50’s at night. Perfect if only we had some rain.

New listings this week are down. 212 this week compared to 231 the previous week.

Closed listings are also down. 171 this week compared to 237 the previous week.

Aurora-New 27 $157,000-$790,000

Closed-24 $165,900-$565,000

Batavia-New 8 $415,000-$795,000

Closed-11 $290,000-$795,000

Bolingbrook-New 16 $247,000-$589,000

Closed-14 $250,000-$615,000

Naperville-New 54 $350,000-$1,995,000

Closed-34 $427,000-$1,325,000

Plainfield-New 34 $289,000-$775,000

Closed-24 $240,000-$648,861

St Charles-New 13 $239,900-$775,000

Closed-6 $325,000-$560,000

Yorkville-New 12 $389,900-$707,000

Closed-7 $364,900-$525,000

Other communities had activity this week. Click on the photo above to see the price ranges in those communities. We just highlight the most active. If you would like me to email you a copy let me know at besthomesfv@gmail.com.

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

Median list price this week $449,900, last week $420,000

Closed median price this week $445,000, last week $420,100.

Stats 061023 — Stats for week ending June 10th

Conventional financing was used to close on 132 homes this week at median price $452,500 with 22 days average market time, last week 168 homes at median price $437,500 with 22 days average market time.

Conv 061023 — Conventional financing used to close for week ending June 10th

Cash was used to close on 26 homes this week at median price $448,500 with 34 days average market time, last week 33 homes at median price $425,000 with 20 days average market time.

Cash 061023 — Cash used to close for week ending June 10th

FHA financing used to close on 6 homes this week at median price $349,990 with 7 days average market time, last week 20 homes at median price $337,750 with 43 days average market time.

FHA 061023 — FHA financing used to close for week ending June 10th

VA financing was used to close on 6 homes this week at median price $416,225 with 25 days average market time, last week 14 homes at median price $412,500 with 15 days average market time.

VA 061023 — VA financing used to close for week ending June 10th

2,000 Square feet or more closed on 105 homes at median price $523,000 with 24 days average market time, last week 142 homes at median price $510,000 with 26 days average market time. Minimum price this week $247,500, last week $255,000.

2000 SF or more 061023 — 2,000 SF or more homes closed for week ending June 10th

77% of homes closed this week using Conventional financing. The trend continues in our area.

Under contract this week

Homes that went under contract this week are up. 188 this week compared to 156 the previous week.

Aurora-24 Bolingbrook-14

Geneva-14 Naperville-27

Plainfield-23 St Charles-16

Yorkville-13

1 short sale was accepted by a seller this week. It was in St Charles. 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, 3 with 48 hours, and 1 with 24 hours.

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

Homes under contract this week had a median price $425,000 with 33 days average market time, last week $430,000 with 31 days average market time.

Under contract 061023 — Under contract stats for week ending June 10th

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 443 408 344

Totals 3556 3038 3900

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

New listings are more than closed listings, that is a good thing to see. We still need more listings in different price ranges so everyone has something to choose from.

Under contract listings sometimes come back on the market. That is why they are higher than closed listings.

Resources

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

Also check with your loan officer to see if they have any programs to help get you into a home.

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 June 10th. 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 June 3rd

Posted on June 3, 2023June 3, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 3rd

Fox Valley home prices June 3rd. The weather is in the 80-90’s and no rain for maybe 2 more weeks. It is very dry.

New listings are up. 231 this week compared to 158 the previous week. Price range this week $175,000-$3,500,000.

Closed listings are up. 237 this week compared to 165 the previous week. Price range this week $121,250-$1,895,000.

Aurora-New 16 $175,000-$629,000

Closed-44 $200,000-$795,717

Batavia-New 10 $299,000-$725,000

Closed-4 $275,000-$511,000

Bolingbrook-New 9 $291,000-$539,900

Closed-15 $220,000-$775,000

Geneva-New 12 $310,000-$3,500,000

Closed-8 $384,000-$975,000

Naperville-New 35 $359,000-$1,725,000

Closed-37 $390,000-$1,895,000

Plainfield-New 35 $184,900-$2,200,000

Closed-37 $270,000-$1,690,000

St Charles-New 15 $175,000-$949,900

Closed-16 $310,000-$1,650,000

West Chicago-New 9 $199,900-$600,000

Closed-10 $320,000-$660,000

Yorkville-New 37 $285,000-$799,000

Closed-11 $332,000-$565,000

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

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

Median list price this week $420,000, last week $445,000

Closed median price this week $420,000, last week $435,000

Stats 060323 — Stats for week ending June 3rd

Conventional financing was used to close on 168 homes this week at median price $437,500 with 22 days average market time, last week 119 homes at median price $440,000 with 24 days average market time.

Conv 060323 — Conventional financing used to close for week ending June 3rd

Cash was used to close on 33 homes at median price $425,000 with 20 days average market time, last week 30 homes at median price $470,000 with 27 days average market time.

Cash 060323 — Cash used to close for week ending June 3rd

FHA financing was used to close on 20 homes this week at median price $337,750 with 43 days average market time, last week 15 homes at median price $335,500 with 26 days average market time.

FHA 060323 — FHA financing used to close for week ending June 3rd

VA financing was used to close on 14 homes this week at median price $412,500 with 15 days average market time, last week 2 homes at median price $373,450 with 70 days average market time.

VA 060323 — VA financing used to close for week ending June 3rd

2,000 square feet or more closed on 142 homes at median price $510,000 with 26 days average market time, last week 107 homes at median price $522,000 with 32 days average market time. Minimum price this week $255,000, last week $280,000.

2000 SF or more 060323 — 2,000 SF or more closed for week ending June 3rd

Almost 71% of homes closed using Conventional financing.

Under contract this week

Homes under contract this week are down. 156 this week compared to 197 the previous week.

Aurora-19 Naperville-37

Plainfield-22 St Charles-10

1 short sale was accepted by a seller. It was in Naperville. 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 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 also 1 with 48 hours.

Median price of homes that went under contract this week $430,000 with 31 days average market time, last week $419,900 with 32 days average market time.

Under contract 060323 — Under contract stats for week ending June 3rd

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 231 237 156

Totals 3344 2867 3712

Resources

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

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 of your real estate questions. Your goal is our goal.

Fox Valley home prices June 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

Fox Valley home prices May 27th

Posted on May 27, 2023May 27, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 27th

Fox Valley home prices May 27th. The weather is perfect. Sunny and warm temperatures. A little too sunny though, we don’t expect to get any rain for another week. It is really getting dry.

New listings are down. 158 this week compared to 181 the previous week.

Closed listing are up. 165 this week compared to 148 the previous week.

Aurora-New 17 $205,000-$999,999

Closed-21 $218,000-$715,000

Batavia-New 7 $389,900-$1,399,000

Closed-11 $226,000-$875,000

Naperville-New 35 $385,000-$1,600,000

Closed-28 $360,000-$1,557,000

Plainfield-New 28 $285,000-$1,100,000

Closed-26 $320,000-$1,045,000

Yorkville-New 12 $330,490-$649,900

Closed-6 $325,000-$485,000

There was activity in other communities. Click on the photo above to see the price ranges in those communities.

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

Median list price this week $445,000, last week $435,000

Closed median price this week $435,000, last week $420,000

Stats 052723 — Stats for week ending May 27th

Conventional financing was used to close on 119 homes this week at median price $440,000 with 24 days average market time, last week 116 homes at median price $430,000 with 21 days average market time.

Conv 052723 — Conventional financing used to close for week ending May 27th

Cash was used to close on 30 homes this week at median price $470,000 with 27 days average market time, last week 17 homes at median price $586,305 with 11 days average market time.

Cash 052723 — Cash used to close for week ending May 27th

FHA financing was used to close on 15 homes this week at median price $335,500 with 26 days average market time, last week 14 homes at median price $345,500 with 37 days average market time.

FHA 052723 — FHA financing used to close for week ending May 27th

VA financing was used to close on 2 homes this week at median price $373,450 with 70 days average market time, last week 1 home at $375,000 with 7 days average market time.

VA 052723 — VA financing used to close for week ending May 27th

2,000 square feet or more closed on 107 homes this week at median price $522,000 with 32 days average market time, last week 94 homes at median price $485,000 with 25 days average market time. Minimum price this week $280,000, last week $140,000.

2000 SF or more 052723 — 2,000 SF or more closed for week ending May 27th

Slightly over 72% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract are consistent. 197 this week compared to 193 the previous week.

Aurora-24 Bolingbrook-19

Naperville-38 Plainfield-23

St Charles-16 Yorkville-11

No short sales were accepted this week.

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

Median price of homes that went under contract this week $419,900 with 32 days average market time, last week $400,000 also with 32 days average market time.

Under contract 052723 — Under contract for week ending May 27th

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

Totals 3113 2630 3556

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

Totals 3948 3775 4377

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

Totals 4191 4566 5738

You can see new listings have steadily declined every year. So have closed listings. The need for housing has not declined. Some have given up finding a home and are either living with family or renting. Rentals are also hard to find.

Keep an open mind when looking for a home. You might need to drive a little farther or find a home and make adjustments to the home.

Resources

Click on each underlined bullet point to take you to the site for the information.

Talk to your loan officer to see what programs they offer.

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 May 27th. 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 May 20th

Posted on May 20, 2023May 20, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 20th

Fox Valley home prices May 20th. The weather is almost perfect. In the 70 & 80’s with lows in the mid 40’s and 50’s.

New listings are down. 181 this week compared to 195 the previous week.

Closed listing are up. 148 this week compared to 129 the previous week.

Aurora-New 22 $139,000-$785,000

Closed-18 $112,000-$500,000

Bolingbrook-New 14 $235,000-$579,000

Closed-11 $250,000-$464,000

Naperville-New 36 $300,000-3,200,000

Closed-29 $397,200-$1,525,000

Plainfield-New 21 $279,900-$899,900

Closed-17 $320,000-$701,748

St Charles-New 14 $419,000-$2,980,000

Closed-11 $325,900-$1,125,000

Yorkville-New 10 $347,150-$570,000

Closed-6 $305,000-$439,900

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

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

Median list price this week $435,000, last week $412,500.

Closed median price this week $420,000, last week $389,000.

Stats 052023 — Stats for week ending May 20th

Conventional financing was used to close on 116 homes this week at median price $430,000 with 21 days average market time, last week 89 homes at median price $395,000 with 37 days average market time.

Conv 052023 — Conventional financing used to close for week ending May 20th

Cash was used to close on 17 homes this week at median price $586,305 with 11 days average market time, last week 20 homes at median price $363,750 with 21 days average market time.

Cash 052023 — Cash used to close for week ending May 20th

FHA financing was used to close on 14 homes this week at median price $345,500 with 37 days average market time, last week 15 homes at median price $322,000 with 38 days average market time.

FHA 052023 — FHA financing used to close for week ending May 20th

VA financing was used to close on 1 home this week at $375,000 with 7 days average market time, last week 4 homes at median price $407,000 with 67 days average market time.

VA 052023 — VA financing used to close for week ending May 20th

2,000 square feet or more closed on 94 homes this week at median price $485,000 with 25 days average market time, last week 74 homes at median price $475,750 with 31 days average market time. Minimum price this week $140,000, last week $289,000.

2000 SF or more 052023 — 2,000 SF or more closed for week ending May 20th

Slightly over 78% of homes closed this week using Conventional financing.

Under contract this week

Homes under contract this week are down. 193 this week compared to 232 the previous week.

Aurora-31 Bolingbrook-17

Geneva-11 Naperville-37

Plainfield-24 St Charles-12

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

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

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

Median price of homes that went under contract this week $400,000 with 32 days average market time, last week $437,000 with 26 days average market time.

Under contract stats 052023 — Under contract stats for week ending May 20th

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 577 438 619

Totals 2955 2465 3359

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

Resources

Click on each underlined bullet point to take you to the site for the information.

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

Contact us

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

Fox Valley home prices May 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 May 6th

Posted on May 6, 2023May 6, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 6th

Fox Valley home prices May 6th. We are finally seeing the 70’s. It should continue for the next couple of weeks.

New listings this week are up. 201 this week compared to 165 the previous week.

Closed listings are down. 161 this week compared to 194 the previous week.

Aurora-New 31 $190,000-$750,000

Closed-18 $184,000-$704,654

Bolingbrook-New 12 $254,900-$756,649

Closed-8 $190,000-$400,000

Naperville-New 37 $365,000-$1,900,000

Closed-34 $392,500-$2,050,000

Oswego-New 10 $279,000-$1,695,000

Closed-11 $315,000-$599,000

Plainfield-New 32 $279,000-$659,000

Closed-23 $235,000-$549,900

St Charles-New 17 $219,900-$875,000

Closed-14 $269,000-$765,000

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

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

Median list price this week $429,900, last week $429,999.

Closed median price this week $401,500, last week $422,500.

Stats 050623 — Stats for week ending May 6th

Conventional financing was used to close on 121 homes this week at median price $419,000 with 17 days average market time, last week 142 homes at median price $437,500 with 45 days average market time.

Conv 050623 — Conventional financing used to close for week ending May 6th

Cash was used to close on 21 homes this week at median price $410,500 with 63 days average market time, last week 26 homes at median price $410,000 with 94 days average market time.

Cash 050623 — Cash used to close for week ending May 6th

FHA financing was used to close on 15 homes this week at median price $337,500 with 56 days average market time, last week 16 homes at median price $343,565 with 51 days average market time.

FHA 050623 — FHA financing used to close for week ending May 6th

VA financing was used to close on 3 homes this week at median price $379,900 with 5 days average market time, last week 10 homes at median price $362,445 with 52 days average market time.

VA 050623 — VA financing used to close for week ending May 6th

2,000 square feet or more closed on 100 homes this week at median price $488,000 with 28 days average market time, last week 114 homes at median price $490,790 with 69 days average market time. Minimum price this week $310,000, last week $165,000.

2000 SF or more 050623 — 2000 SF or more closed for week ending May 6th

Slightly over 75% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are exactly the same as last week. 194 for both weeks.

Aurora-28 Batavia-13

Bolingbrook-22 Geneva-10

Naperville-28 Plainfield-22

St Charles-11 West Chicago-10

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. 4 with a kick-out clause of 72 hours and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on a buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Homes that went under contract this week had a median price $399,450 with 27 days average market time, last week $417,706 with 35 days average market time.

Under Contract stats 050623 — Under contract for week ending May 6th

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 201 161 194

Totals 2579 2188 2934

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 how this year is going.

Resources

Click on each bullet point to take you to the site for the information.

If you are looking for information not listed above let us know so we can point you in the right direction.

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

Contact us

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

Fox Valley home prices May 6th. 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