Fox Valley home prices April 29th

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

Fox Valley home prices April 29th

Fox Valley home prices April 29th. Raining now and for the next few days with temperature at 51 before heading back in to the 60’s next week.

New listings are down. 165 this week compared to 183 the previous week.

Closed listings are up. 194 this week compared to 132 the previous week.

Aurora-New 16 $199,000-$685,000

Closed-18 $230,000-$552,978

Batavia-New 11 $275,000-$899,900

Closed-2 $270,000-$375,815

Bolingbrook-New 15 $249,990-$639,900

Closed-11 $230,000-$695,000

Naperville-New 32 $385,000-$1,745,000

Closed-41 $364,000-$1,330,000

Oswego-New 6 $239,900-$600,000

Closed-18 $300,000-$515,434

Plainfield-New 20 $289,900-$785,000

Closed-30 $240,000-$795,255

St Charles-New 12 $250,000-$1,249,000

Closed-5 $199,900-$630,000

Other communities had activity this week. Click on photo above to see them.

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

Median list price this week $429,999, last week $399,000.

Closed median price this week $422,500, last week $372,500

Stats 042923 — Stats for week ending April 29th

Conventional financing was used to close on 142 homes this week at median price $437,500 with 45 days average market time, last week 99 homes at median price $384,765 with 44 days average market time.

Conv 042923 — Conventional financing used to close for week ending April 29th

Cash was used to close on 26 homes this week at median price $410,000 with 94 days average market time, last week 16 homes at median price $390,000 with 58 days average market time.

Cash 042923 — Cash used to close for week ending April 29th

FHA financing was used to close on 16 homes this week at median price $343,565 with 51 days average market time, last week 10 homes at median price $226,000 with 58 days average market time.

FHA 042923 — FHA financing used to close for week ending April 29th

VA financing was used to close on 10 homes this week at median price $362,445 with 52 days average market time, last week 5 homes at median price $410,000 with 76 days average market time.

VA 042923 — VA financing used to close for week ending April 29th

2,000 Square feet or more closed on 114 homes this week at median price $490,790 with 69 days average market time, last week 65 homes at median price $470,000 with 62 days average market time. Minimum price this week $165,000, last week $200,000.

2000 SF or more 042923 — 2,000 SF or more for week ending April 29th

73% of homes this week closed using Conventional financing.

Under contract this week

Homes that went under contract this week is slightly down. 194 this week compared to 218 the previous week.

Aurora-30 Bolingbrook-15

Naperville-32 Plainfield-29

Yorkville-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 4 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. 1 with a kick-out clause of 72 hours, and 4 with 48 hours.

2023 by the week 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

Totals 2378 2027 2740

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

Totals 2847 2882 3571

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1385

Totals 3103 3278 4447

New listings steadily decline each year. You can see why the prices are increasing. We need more housing at every price range.

Resources

Click on each bullet point 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 your real estate questions. Your goal is our goal.

Fox Valley home prices April 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 April 22nd

Posted on April 22, 2023April 22, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 22nd

Fox Valley home prices April 22nd. We have a freeze warning tonight and we have had quite a few bad storms lately. Next week it should be in the 50 and 60’s. Hopefully the temps will even out soon.

New listings this week are down. 183 this week compared to 220 the previous week.

Closed listings are up. 132 this week compared to 108 the previous week.

Aurora-New 22 $200,000-$675,900

Closed-16 $179,000-$550,000

Bolingbrook-New 19 $225,000-$799,000

Closed-7 $200,000-$464,444

Geneva-New 16 $259,900-$1,429,900

Closed-5 $350,000-$755,000

Naperville-New 30 $300,000-$2,340,000

Closed-22 $320,000-1,575,000

Plainfield-New 24 $298,500-$724,900

Closed-24 $250,000-$580,000

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

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

Median list price this week $399,000, last week $442,500.

Closed median price this week $372,500, last week $400,500.

Stats 042223 — Stats for week ending April 22nd

Conventional financing was used to close on 99 homes at median price $384,765 with 44 days average market time, last week 83 homes at median price $410,000 with 45 days average market time.

Conv 042223 — Conventional financing used to close for week ending April 22nd

Cash was used to close on 16 homes this week at median price $390,000 with 58 days average market time, last week 14 homes at median price $337,500 with 14 days average market time.

Cash 042223 — Cash used to close for week ending April 22nd

FHA financing used to close on 10 homes at median price $226,000 with 58 days average market time, last week 8 homes at median price $344,950 with 42 days average market time.

FHA 042223 — FHA financing used to close for week ending April 22nd

VA financing used to close on 5 homes this week at median price $410,000 with 76 days average market time, last week 4 homes at median price $404,820 with 21 days average market time.

VA 042223 — VA financing used to close for week ending April 22nd

2,000 square feet or more closed on 65 homes at median price $470,000 with 62 days average market time, last week 67 homes at median price $455,490 with 37 days average market time. Minimum price this week $200,000, last week $325,000.

2000 SF or more 042223 — 2,000 SF or more for week ending April 22nd

75% of homes closed this week used Conventional financing.

Under contract this week

Under contract this week are up. 218 this week compared to 189 the previous week.

Aurora-30 Bolingbrook-17

Geneva-17 Naperville-35

Oswego-10 Plainfield-30

St Charles-13 Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 with 24 hours.

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

Under contract median price this week $425,000 with 29 days average market time, last week median price $415,000 with 33 days average market time.

Under contract stats 042223 — Under contract for week ending April 22nd

2023 by the month

Month New Closed Under Contract

January 483 326 470

February 630 526 789

March 555 558 726

April 545 423 561

Totals 2213 1833 2546

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

Resources

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

All data 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 April 22nd. 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 March 18th

Posted on March 18, 2023March 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 18th

Fox Valley home prices March 18th. We are back to winter today with it only in the 20’s. Next week we will be back in the upper 40’s and lower 50’s.

New listings are down. 137 this week compared to 145 the previous week.

Closed listings are up. 137 this week compared to 118 the previous week.

Aurora-New 18 $130,000-$495,000

Closed-25 $154,900-$630,698

Bolingbrook-New 9 $325,000-$801,500

Closed-14 $255,000-$655,000

Naperville-New 26 $339,900-$2,395,000

Closed-24 $355,000-$1,350,000

Plainfield-New 24 $265,000-$795,000

Closed-15 $317,500-$875,000

St Charles-New 5 $579,000-$999,900

Closed-10 $260,000-$689,517

NEW LISTING PRICE 3 18 23 (2) — New listings for the week ending March 18th

CLOSED LISTING PRICE 3 18 23 (2) — Closed listings for the week ending March 18th

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

Median list price this week $399,900, last week $412,000

Closed median price this week $360,000, last week $347,500.

Stats 031823 — Stats for week ending March 18th

Conventional financing was used to close on 105 homes this week at median price $392,000 with 61 days average market time, last week 91 homes at median price $380,000 with 59 days average market time.

Conv 031823 — Conventional financing used to close for week ending March 18th

Cash was used to close on 15 homes this week at median price $280,000 with 41 days average market time, last week 14 homes at median price $377,500 with 49 days average market time.

Cash 031823 — Cash used to close for week ending March 18th

FHA financing was used to close on 13 homes this week at median price $265,000 with 48 days average market time, last week 11 homes at median price $226,500 with 52 days average market time.

FHA 031823 — FHA financing used to close for week ending March 18th

VA financing used to close on 4 homes this week at median price $437,500 with 35 days average market time, last week 3 homes at median price $447,500 with 17 days average market time.

VA 031823 — VA financing used to close for week ending March 18th

2,000 square feet or more closed on 79 homes this week at median price $476,500 with 64 days average market time, last week 67 homes at median price $447,500 with 65 days average market time. Minimum price this week $140,000, last week $220,000.

2000 SF or more 031823 — 2,000 SF or more closed for week ending March 18th

Conventional financing continues to be the financing choice to use to get your offer accepted.

Homes under contract this week

Home under contract this week are down. 153 this week compared to 172 the previous week

Aurora-15 Naperville-32

Oswego-12 Plainfield-33

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 2 with 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.

seller accepted contingency — Seller accepted contracts with contingencies for week ending March 18th

Homes under contract this week had a median price $389,900 with 46 days average market time, last week median price $407,500 with 49 days average market time.

Under contract 031823 — Homes under contract for week ending March 18th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 282 255 325

Totals 1395 1107 1584

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.

Resources

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

Let us know if there is other information that you are looking for. We will be happy to point you in the right direction.

All data used 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 March 18th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 4th

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

Fox Valley home prices March 4th

Fox Valley home prices March 4th. We just missed a big snow storm luckily. It went to the south and east of us. Temperatures are hovering around 40°. Monday will be the exception, it will be 60°, then back to the 40’s.

New listings this week were consistent. 127 this week compared to 120 the previous week.

Closed listings were up. 144 this week compared to 103 the previous week.

Aurora-New 17 $127,000-$579,900

Closed-19 $185,200-$615,000

Naperville-New 26 $339,900-$1,350,000

Closed-22 $375,770-$1,800,000

Oswego-New 11 $275,000-$625,000

Closed-11 $215,000-$623,000

St Charles-New 6 $449,800-$1,300,000

Closed-11 $215,000-$650,000

We highlighted the communities with the most activity. Click on the photo above to see activity in other communities and the price ranges.

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

Median list price this week $400,000, last week it was exactly the same $400,000.

Closed median price this week $374,495, last week $385,000.

Stats 030423 — Stats for week ending March 4th

Conventional financing was used to close on 99 homes this week with a median price $401,000 with 50 days average market time, last week 70 homes at median price $386,500 with 46 days average market time.

Conv 030423 — Conventional financing used to close for week ending March 4th

Cash was used to close on 16 homes this week with a median price $355,000 with 36 days average market time, last week 13 homes at median price $415,000 with 45 days average market time.

Cash 030423 — Cash used to close for week ending March 4th

FHA financing was used to close on 21 homes this week at median price $300,000 with 77 days average market time, last week 12 homes at median price $299,500 with 70 days average market time.

FHA 030423 — FHA financing used to close for week ending March 4th

VA financing was used to close on 6 homes this week at median price $346,500 with 62 days average market time, last week 8 homes at median price $465,000 with 46 days average market time.

VA 030423 — VA financing used to close for week ending March 4th

2,000 square feet or more closed on 86 homes this week at median price 432,950 with 55 days average market time, last week 63 homes at median price $450,000 with 58 days average market time. Minimum price this week $168,000, last week $245,000.

2000 SF or more 030423 — 2,000 SF or more closed for week ending March 4th

Conventional financing continues to be the financing to get accepted at just slightly over 68% of homes closed.

Almost 60% of homes closed are 2,000 SF or more in the Fox Valley area.

Under contract this week

Homes that went under contract this week are down. 147 this week compared to 166 the previous week.

Aurora-22 Bolingbrook-11

Naperville-17 Plainfield-25

St Charles-10

Click on the photo above to see the other communities that also had homes go under contract this week.

1 short sale was accepted by a seller this week. It was in Minooka. Now it will go 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 72 hours.

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

Median price of homes under contract this week $399,000 with 55 days average market time, last week median price $377,400 with 45 days average market time.

Under contract this week 020423 — Under contract for week ending March 4th

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

Totals 1113 852 1259

2022

January 422 492 626

February 523 520 724

Totals 945 1012 1350

2021

January 543 649 829

February 561 604 778

Totals 1104 1253 1607

There were only 2 days this week that were in February. I decided to carry it over just in case they were the busiest 2 days of the week.

You will see that the number will steadily go up each month. Get with your loan officer to get approval before you miss out on your dream home. This needs to go with an offer. The seller will not accept without it in most cases, unless you have cash, and then you will need a letter from your bank showing that you have the funds available.

Check back with us every Saturday for the Fox Valley home prices.

Resources

Click on each bullet point to take you to the site for the information. If you are looking for any other information not list let us know and we will point you in the right direction.

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

All data is provided 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 March 4th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 28th

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

Fox Valley home prices January 28th

Fox Valley home prices January 28th. Winter has finally arrived in the Fox Valley this week. It has been snowing for the last 3 days. Not too much, just enough to cover the ground.

New listings this week are slightly down. 127 this week compared to 134 the previous week.

Closed listings this week are much higher. 98 this week compared to 69 the previous week.

Aurora-New 15 $149,900-$640,517

Closed-21 $130,000-$642,900

Elburn-New 10 $395,000-$1,295,000

Closed-2 $380,000-$415,000

Naperville-New 18 $300,000-$1,100,000

Closed-18 $280,000-$1,100,000

Oswego-New 10 $215,000-$475,000

Closed-3 $400,000-$500,000

Plainfield-New 24 $279,900-$875,000

Closed-7 $309,500-$649,285

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

Median list price this week $399,990, last week $389,990.

Closed median price this week $387,950, last week $335,000.

Fox Valley home prices January 28th-Stats

Conventional financing was used to close on 72 homes this week at median price $429,250 with 45 days average market time, last week 48 homes at median price $346,265 with 57 days average market time.

Conventional financing used to close for week ending January 28th

Cash was used to close on 14 homes this week at median price $304,762 with 40 days average market time, last week 10 homes at median price $309,000 with 40 days average market time.

Cash used to close for week ending January 28th

FHA financing was used to close on 10 homes this week at median price $328,795 with 91 days average market time, last week 9 homes at median price $269,900 with 39 days average market time.

FHA financing used to close for week ending January 28th

VA financing was used to close on 3 homes this week at median price $433,500 with 64 days average market time, last week 1 home at $450,000 with 76 days average market time.

VA financing used to close for week ending January 28th

2,000 square feet or more closed on 61 homes this week at median price $480,000 with 62 days average market time, last week 34 homes at median price $470,500 with 41 days average market time. Minimum price this week $309,500, last week $286,000.

2,000 SF or more closed for week ending January 28th

Conventional financing continues to be the best choice for financing.

Homes are staying on the market longer than they were, but if they are priced right, and in great condition they are still selling quickly. Fresh paint, deep cleaning, and getting rid of the clutter is your best bet for getting it sold right away. It makes it easier to be ready for showings and more appealing for buyers.

Homes under contract this week

Homes under contract this week are up. 158 this week compared to 122 the previous week.

Aurora-23 Bolingbrook-12

Naperville-26 Plainfield-17

Yorkville-10

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

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

Median price of homes under contract this week $387,450 with 68 days average market time, last week median price $379,900 with 64 days average market time.

Under contract this week 012823 — Under contract for week ending January 28th

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

2023

Month New Closed Under contract

January 483 326 470

2022

Month New Closed Under contract

January 422 492 623

2021

January 543 649 829

We did better than 2022 for New listings but below 2021. Closed and under contract are way behind 2022 and 2021. Hopefully we will continue to be ahead of last year for New listings. That will help to stabilize pricing.

Resources

Click on each of the bullet points that are bold and underlined to take you to the site for the information. If you are looking for information not listed here, let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered. It depends on your credit score and other things that your loan officer will explain to you. They can also help you bring up your score if you need to.

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

Contact us

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

Fox Valley home prices January 28th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley residential market January 14th

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

Fox Valley residential market January 14th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats for week ending January 14th

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

Conventional financing used to close for week ending January 14th

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

Cash used to close for week ending January 14th

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

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

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

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

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

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

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

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

Contracts accepted this week

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

Aurora-10 Naperville-16

Plainfield-23

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

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

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

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

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

Median price under contract for week ending January 14th

2023 by the month

Month New Closed Contract accepted

January 222 159 190

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

Resources

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

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

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

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

Contact us

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

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101