Fox Valley home prices August 6th

Posted on August 6, 2022August 6, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 6th

Fox Valley Home Prices April 23

Fox Valley home prices August 6th. Here we are in the first week of August already. Time is flying by this year. School will be starting in the next couple of weeks here.

We will show you the home prices for new listings, closed, contracts accepted, financing used and 2022 by the month in the communities here in the Fox Valley area of Illinois. We will also show you some great resources to check out. Let’s get started.

New listings this week are up. 266 this week compared to 218 the previous week.

Closed listings are down. 224 this week compared to 271 the previous week.

Aurora-New 30 $164,900-$675,000

Closed-33 $161,000-$637,600

Batavia-New 3 $309,900-$575,000

Closed-13 $235,000-$975,000

Bolingbrook-New 26 $215,000-$698,000

Closed-11 $245,000-$583,000

Montgomery-New 11 $195,000-$363,108

Closed-10 $155,000-$400,000

Naperville-New 53 $235,000-$2,200,000

Closed-37 $325,000-$2,400,000

Oswego-New 12 $260,000-$1,185,000

Closed-12 $235,000-$595,000

Plainfield-New 33 $229,000-$949,000

Closed-33 $215,000-$659,000

St Charles-New 17 $250,000-$1,699,000

Closed-13 $328,000-$712,742

Yorkville-New 13 $99,900-$550,000

Closed-5 $325,000-$682,000

These communities are the ones with the most activity this week. Check with the photo above for other communities with activity.

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

Median list price this week $399,000, last week $389,900

Closed median price this week $407,500, last week $395,000.

Stats 080622 — Stats for week ending August 6th

Conventional financing was used to close on 151 homes this week at median price $455,000 with 19 days average market time, last week 193 homes at median price $416,000 with 31 days average market time.

Conv 080622 — Conventional financing used to close for week ending August 6th

Cash was used to close on 26 homes this week at median price $431,500 with 19 days average market time, last week 34 homes at median price $451,551 with 21 days average market time.

Cash 080622 — Cash used to close for week ending August 6th

FHA financing was used to close on 38 homes this week at median price $300,000 with 27 days average market time, last week 37 homes at median price $269,000 with 18 days average market time.

FHA 080622 — FHA financing used to close for week ending August 6th

VA financing used to close on 7 homes this week at median price $350,000 with 22 days average market time, last week 5 homes at median price $365,000 with 4 days average market time.

VA 080622 — VA financing used to close for week ending August 6th

Homes that were at least 2,000 square feet or more closed on 130 homes at median price $500,500 with 21 days average market time, last week 156 homes at median price $507,450 with 29 days average market time. Minimum price this week $238,000, last week $285,000.

2000 SF or more 080622 — Homes closed at least 2,000 SF or more for week ending August 6th

Contracts accepted this week

Contracts accepted this week are down. 201 this week compared to 226 the previous week.

Aurora-33 Bolingbrook-13

Elburn-11 Naperville-29

Oswego-12 Plainfield-21

Yorkville-13

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, 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. 4 with a kick-out clause of 72 hours, 8 with 48 hours, and 1 with 24 hours.

Median price of home that went under contract this week $364,900 with 32 days average market time, last week median price $373,450 with 31 days average market time.

Contingent Stats for week ending August 6th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 995 932 908

August 266 224 201

Totals 6504 6340 6720

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 2021 and 2020 so you can see how this year is going compared to the previous 2 years.

Resources

Click on anything that is bold and underlined to take you to the site for the information. If there is something else you are looking for just let me know and I 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. If you need to work on your score they can help you.

We can recommend a few options for you to choose for a real estate attorney, home inspector or loan officer. Just let us know.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

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

Fox Valley home prices August 6th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley home prices July 30th

Posted on July 30, 2022July 30, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 30th

Fox Valley home prices July 30th. I hope you had a great week! We are back to update you on the new listings, closed, contracts accepted, median prices, financing used, and 2022 by the month with a look back at 2021 and 2020.

New listings this week were down. 218 this week compared to 277 the previous week. Many are getting vacations in before school starts.

Closed listings this week are up. 271 this week compared to 241 the previous week. The end of the month is when most buyers want to close.

Aurora-New 34 $165,000-$575,000

Closed-35 $110,000-$625,000

Batavia-New 4 $305,000-$445,000

Closed-12 $167,000-$969,900

Bolingbrook-New 15 $249,900-$649,000

Closed-21 $208,000-$640,000

Geneva-New 14 $370,000-$1,795,000

Closed-15 $295,000-$1,775,000

Montgomery-New 6 $244,900-$399,000

Closed-10 $186,000-$365,000

Naperville-New 31 $385,000-$3,500,000

Closed-45 $359,900-$1,700,000

Oswego-New 13 $270,000-$620,000

Closed-13 $280,000-$600,000

Plainfield-New 35 $194,900-$625,000

Closed-35 $180,000-$1,069,527

St Charles-New 10 $300,000-$725,000

Closed-18 $230,000-$715,000

West Chicago-New 13 $185,000-$575,000

Closed-12 $275,000-$590,000

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

Median list price this week $389,900, last week $400,000

Closed median price this week $395,000, last week $405,200.

Stats 073022 — Stats for week ending July 30th

Conventional financing was used to close on 193 homes this week at a median price $416,000 with 31 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.

Conv 073022 — Conventional financing used to close for week ending July 30th

Cash was used to close on 34 homes this week at median price $451,551 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.

Cash 073022 — Cash used to close for week ending July 30th

FHA financing was used to close on 37 homes this week at median price $269,000 with 18 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.

FHA 073022 — FHA financing was used to close for week ending July 30th

VA financing was used to close on 5 homes this week at median price $365,000 with 4 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.

VA 073022 — VA financing used to close for week ending July 30th

Homes that were at least 2,000 square feet or more closed on 156 homes at median price $507,450 with 29 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $285,000, last week $299,000.

2000 SF or more 073022 — Homes that were at least 2,000 SF or more for week ending July 30th

Contracts accepted this week

Contracts accepted this week were down. 226 this week compared to 245 the previous week.

Aurora-28 Bolingbrook-16

Geneva-12 Montgomery-12

Naperville-28 Oswego-11

Plainfield-32 St Charles-17

Sycamore-10

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. 4 with a kick-out clause of 72 hours, 1 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. 5 with a kick-out clause of 48 hours.

Median list price of homes that went under contract this week $373,450 with 31 days average market time, last week median list price $385,000 with 33 days average market time.

Contingent Stats 073022 — Contingent stats for week ending July 30th

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

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 995 932 908

Totals 6238 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

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

Totals 8207 5959 8566

You can see how the new listings are less every year for the last 3 years. That explains the price increases. Check back with us every Saturday for the Fox Valley area of Illinois home prices.

Resources

Everything that is underlined and bold click on to go to the site for the information. If there is information that you are looking for not listed below 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. If you need to work on your score your loan officer can help you with that.

Getting approved for a loan before you even start looking is smart. Find a lender that will put you through underwriting to get you approved. You will be more confident in looking and will not be chewing your finger nails waiting to be approved a week before closing.

All data is downloaded this morning from our MLS. MRED, LLC. It is continuously updated throughout the day as agents enter information.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

We will guide you through the process.

Fox Valley home prices July 30th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley home prices July 23rd

Posted on July 24, 2022July 24, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 23rd

Fox Valley home prices July 23rd. I apologize for being late 2 weeks in a row. We will show you the home prices in the Fox Valley area of Illinois. New listings, closed, median prices, financing used, contracts accepted, 2022 by the month, and some great resources for you to check out.

New listing this week were down. 243 this week compared to 277 the previous week.

Closed listings this week were consistent. 245 this week compared to 241 the previous week.

Aurora-New 31 $170,000-$509,900

Closed-31 $150,000-$600,000

Bolingbrook-New 17 $185,000-$502,000

Closed-20 $191,100-$774,900

Geneva-New 8 $325,000-$1,290,000

Closed-13 $40,100-$1,100,000

Naperville-New 44 $350,000-$1,800,000

Closed-40 $300,000-$1,566,475

Oswego-New 18 $230,000-$498,000

Closed-12 $255,000-$595,000

St Charles-New 18 $244,900-$1,400,000

Closed-15 $275,000-$913,000

Sycamore-New 12 $199,900-$679,000

Closed-6 $172,000-$466,000

West Chicago-New 12 $254,900-$669,900

Closed-8 $167,500-$875,000

Yorkville-New 10 $356,990-$639,000

Closed-10 $225,000-$600,000

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

Median list price this week $394,950, last week $400,000

Closed median price this week $396,000, last week $405,200.

Stats 072322 — Stats for week ending July 23rd

Conventional financing was used to close on 179 homes at median price $416,000 with 16 days average market time, last week 175 homes at median price $430,000 with 20 days average market time.

Conv 072322 — Conventional financing used to close for week ending July 23rd

Cash was used to close on 27 homes this week at median price $370,500 with 21 days average market time, last week 24 homes at median price $396,000 with 39 days average market time.

Cash 072322 — Cash used to close for week ending July 23rd

FHA financing used to close on 23 homes this week at median price $315,000 with 27 days average market time, last week 28 homes at median price $317,500 with 13 days average market time.

FHA 072322 — FHA financing used to close for week ending July 23rd

VA financing used to close on 15 homes at median price $378,000 with 18 days average market time, last week 13 homes at median price $399,900 with 16 days average market time.

VA 072322 — VA financing used to close for week ending July 23rd

Homes closed on 141 homes that were at least 2,000 square feet or more this week at median price $475,000 with 17 days average market time, last week 157 homes at median price $498,000 with 18 days average market time. Minimum price this week $274,000, last week $299,000.

2000 SF or more 072322 — 2,000 SF or more homes closed for week ending July 23rd

Contracts accepted this week

Contract accepted this week were consistent. 247 this week compared to 245 the previous week.

Aurora-37 Bolingbrook-23

Geneva-17 Montgomery-12

Naperville-43 Oswego-13

Plainfield-29 St Charles-14

No short sales were accepted this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 2 with 24 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 72 hours and also 3 with 48 hours.

Median price of home under contract this week $399,500 with 25 days average market time, last week median price $385,000 with 33 days average market time.

Contingent Stats 072322 — Contingent Stats for week ending July 23rd

2022 by the month

Month New Closed Contract accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 777 661 682

Totals 6020 5845 6293

Next week is the last week of the month so we will also look back at 2021 and 2020 so you can compare to see how this year is going.

Resources

Click on anything that is bold and underlined to go to the site for information. If there is information not listed that you are looking for let us know so we can 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. They can help you if you need to work on your score to bring it up.

We will provide you with a net proceeds when you request a home valuation that shows you an estimated of expenses to sell. This will be updated when an offer comes in and we know all the terms.

If you are thinking about purchasing a home get all your financial information to a loan officer that will put you through underwriting and get you approved subject to appraisal and title work. When you go looking at homes you will be more confident that you will be able to go through with the sale. Seller’s will be more confident in accepting your offer. It just makes sense.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

All data was downloaded yesterday from our MLS, MRED, LLC. Data continuously changes throughout the day.

Fox Valley home prices July 23rd. Have an awesome week!

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley home prices July 16th

Posted on July 18, 2022July 18, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 16th

Fox Valley home prices July 16th. I am late posting this blog post because I was enjoying time with my grandkids last week. Data was downloaded Saturday morning like usual. I give you the numbers instead of percentages so you can actually see the activity. I will show you the new listings, closed listings, median prices, financing used, 2022 by the month and how many contracts were accepted by seller’s this week. We will also show you some good resources you can use for information or help.

New listings this week were up. 277 this week compared to 257 the previous week.

Closed listings were also up. 241 this week compared to 175 the previous week.

Aurora-New 38 $100,000-$749,900

Closed-46 $153,000-$870,000

Bolingbrook-New 19 $234,900-$825,000

Closed-14 $275,000-$585,000

Geneva-New 10 $195,000-$699,000

Closed-5 $456,000-$950,000

Montgomery-New 11 $215,000-$484,900

Closed-9 $230,000-$375,000

Naperville-New 59 $360,000-$6,000,000

Closed-46 $245,500-$1,500,000

Oswego-New 17 $240,000-$1,400,000

Closed-15 $235,000-$528,419

Plainfield-New 33 $270,000-$875,000

Closed-23 $255,500-$740,000

St Charles-New 17 $248,900-$950,000

Closed-23 $225,000-$1,275,000

West Chicago-New 10 $212,000-$950,000

Closed-7 $275,000-$528,000

These are the communities with the most activity. Look at the picture above for other communities that also had activity but in smaller numbers.

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

Median list price this week$400,000, last week $415,000

Closed median price this week $405,200, last week $414,900.

Stats 071622 — Stats for week ending July 16th

Conventional financing was used to close 175 homes this week at median price $430,000 with 20 days average market time, last week 120 homes at median price $440,000 with also 20 days average market time.

Conv 071622 — Conventional financing used to close for week ending July 16th

Cash was used to close on 24 homes this week at median price $396,000 with 39 days average market time, last week also 24 homes at median price $402,500 with 31 days average market time.

Cash 071622 — Cash used to close for week ending July 16h

FHA financing used to close on 28 homes at median price $317,500 with 13 days average market time, last week 22 homes at median price $325,000 with 22 days average market time.

FHA 071622 — FHA financing used to close for week ending July 16th

VA financing was used to close on 13 homes at median price $399,900 with 16 days average market time, last week 8 homes at median price $407,500 with 9 days average market time.

VA 071622 — VA financing used to close for week ending July 16th

Homes that were at least 2,000 square feet or more closed on 157 homes at median price $498,000 with 18 days average market time, last week 106 homes at median price $472,500 with 20 days average market time. Minimum price this week $299,000, last week $229,000.

2000 SF or more 071622 — Homes 2,000 SF or more for week ending July 16th

Contracts accepted this week

Contracts accepted this week were up. 245 this week compared to 190 the previous week.

Aurora-37 Bolingbrook-17

Naperville-49 Oswego-12

Plainfield-32 St Charles-15

No short sales were accepted by seller’s this week. If you are having trouble you might be able to sell and not have to sell short in this market.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours, 2 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. 5 with a kick-out clause of 72 hours, 1 with 48 hours, and also 1 with 24 hours.

Median price for homes that went under contract this week $385,000 with 33 days average market time, last week median price $375,000 with 28 days average market time.

Contingent Stats 071622 — Contingent Stats for week ending July 16th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 534 416 435

Totals 5777 5600 6046

It is still a tight market. When new listings start to exceed closed by a wider margin prices will continue to rise.

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

Resources

Click on anything that is highlighted and underlined to take you to the site for the information. If there is other information that you are looking for just let us know so we can 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. If you need to work on your score to bring it up they can help you with that.

We will provide you with a net proceeds when you request a home valuation. This shows you the expenses to sell. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home get all your financial information together, and get it to your loan officer, so they can put you through underwriting so you can get approved before even looking at homes. You will know that you qualify for the homes that you are looking at, and the seller will not worry about accepting your offer knowing that you have already gone through the process. As long as the home appraises out and title work is done it will close. Waiting until a week before closing to find out you are approved is crazy.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendation for loan officers, real estate attorneys or home inspectors we can recommend a few and you choose who you want to work with.

All data is from our MLS. MRED, LLC. It was downloaded Saturday morning. After the download the numbers change continuously throughout the day as agents upload their new listings, price changes, contract pending and closed homes.

Fox Valley home prices July 16th. Have an awesome week!

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley home prices July 9th

Posted on July 9, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 9th

Fox Valley home prices July 9th. We will update you on the prices, financing used, communities receiving the most contracts and show you 2022 by the month.

New listings this week are up. 257 this week compared to 207 the previous week.

Closed listings this week are way down. 175 this week compared to 344 the previous week.

Aurora-New 33 $174,900-$699,000

Closed-25 $60,000-$607,500

Batavia-New 5 $299,900-$1,395,000

Closed-11 $240,000-$599,500

Bolingbrook-New 26 $212,800-$850,000

Closed-11 $320,000-$545,000

Elburn-New 12 $334,900-$1,599,000

Closed-7 $305,000-$700,000

Geneva-New 14 $269,900-$1,050,000

Closed-10 $285,000-$705,000

Montgomery-New 13 $219,900-$410,000

Closed-6 $222,500-$331,000

Naperville-New 51 $299,900-$3,400,000

Closed-35 $360,000-$1,750,000

Plainfield-New 28 $244,900-$764,900

Closed-19 $280,000-$675,000

St Charles-New 13 $309,900-$1,199,000

Closed-15 $137,000-$674,041

Yorkville-New 13 $275,000-$525,000

Closed-5 $250,000-$450,000

Other communities had activity. You might want to check them out in the photo above.

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

Median list price this week $415,000, last week $404,900

Closed median price this week $414,900, last week $420,000

Stats 070922 — Stats for week ending July 9th

Conventional financing was used to close on 120 homes this week with a median price $440,000 with 20 days average market time, last week 251 homes with median price $450,000 with 19 days average market time.

Conv 070922 — Conventional financing used to close for week ending July 9th

Cash was used to close on 24 homes with a median price $402,500 with 31 days average market time, last week 46 homes with median price $399,000 with 17 days average market time.

FHA financing was used to close on 22 homes with median price $325,000 with 22 days average market time, last week 37 homes at median price $327,500 with 17 days average market time.

FHA 070922 — FHA financing used to close for week ending July 9th

VA financing was used to close on 8 homes at median price $407,500 with 8 days average market time, last week 7 homes at median price $428,000 with 17 days average market time.

VA 070922 — VA financing used to close for week ending July 9th

Homes that were at least 2,000 square feet or more closed on 106 homes at median price $472,500 with 20 days average market time, last week 222 homes at median price $510,000 with 19 days average market time. Minimum price for 2,000 square feet or more this week $229,800, last week $125,000. What a difference a week makes!

2000 SF or more 070922 — 2,000 SF or more for week ending July 9th

Conventional financing continues to be the most accepted way seller’s are choosing which buyer’s to work with. The majority of homes closed this week were 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week were down. 190 this week compared to 225 the previous week.

Aurora-30 Bolingbrook-19

Naperville-28 Oswego-13

Plainfield-24

These communities continue to be the most active communities.

No short sales were accepted by sellers this week.

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

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 72 hours, 3 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $375,000 with 28 days average market time, last week median price $400,000 with 23 days average market time.

Contingent Stats 070922 — Contingent stats for week ending July 9th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 257 175 190

Totals 5500 5359 5801

It is still a very tight market with new listings. Even with interest rates rising. Some will need to adjust the price of home they are looking at.

Check back with us every Saturday for the real estate market update. At the end of each month we will also take a look at 2021 and 2020 so you can compare the 3 years to see how this year is going.

Resources

We give you these resources every week. Click on anything that is bold and underlined to take you to the site for more information. If there is information that you are searching for not listed here please let us know and we will point you in the right direction.

Check with your loan officer for the rate you will be offered. It depends on your credit score. If you need to work on your credit score they can help you with that.

If you click on the home valuation and give us information about your home and what has been recently update we can let you know what it might sell for in today’s market. We will also provide you with a net proceeds that shows you the expenses to sell. This will be updated when an offer comes in so you can make a good decision.

Thinking about buying a home? Get all your financial information together and get it to a loan officer so they can run you through underwriting and get you approved for a loan subject to appraisal and title update. When you do this a seller will be confident that choosing your offer will be a good bet that it will close.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

All data provided today is from our MLS. MRED, LLC. It is continuously updated throughout the day as agents upload their new listings, price changes and contracts accepted.

Fox Valley home prices July 9th. Have an awesome week! Let us know how we can help you.

Kristine Heiman, AHWD, SRS, SRES, SFR

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

630-742-7730 Cell Phone

Fox Valley home prices June 18

Posted on June 18, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 18

Fox Valley home prices June 18. You will see how many new listings, closed, contracts accepted, median prices, financing most used, 2020 by the month and some great resources you might like to check into.

New listings this week were up. 271 this week compared to 243 the previous week.

Closed listings were also up. 279 this week compared to 256 the previous week.

First, we will take a look at the communities with the most activity this week:

Aurora-New 23 $140,000-$775,000

Closed-45 $156,000-$679,000

Batavia-New 10 $265,000-$550,000

Closed-7 $290,750-$670,000

Bolingbrook-New 19 $180,000-$707,500

Closed-24 $255,000-$535,000

Geneva-New 9 $339,800-$1,399,000

Closed-10 $358,000-$1,385,000

Montgomery-New 10 $238,000-$399,900

Closed-9 $235,000-$395,000

Naperville-New 52 $276,000-$1,450,000

Closed-New 61 $290,000-$1,250,000

Oswego-New 21 $245,000-$575,000

Closed-11 $240,000-$635,000

Plainfield-New 28 $249,900-$999,000

Closed-29 $285,000-$621,000

St Charles-New 29 $142,500-$889,000

Closed-13 $304,000-$2,200,000

Yorkville-New 17 $232,900-$850,000

Closed-12 $331,500-$545,000

Many other communities had activity that you can see above in the photo.

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

Median list price this week $415,950, last week $399,000

Closed median price this week $430,000, last week $415,500.

Stats 061822 — Stats for week ending June 18

Conventional financing was used to close on 213 homes at a median price $465,000 with 16 days average market time, last week 184 homes at median price $434,000 with 19 days average market time.

Conv 061822 — Conventional financing used to close for week ending June 18

Cash was used to close on 28 homes this week with a median price $362,500 with 11 days average market time, last week 35 homes at median price $402,500 with 18 days average market time.

Cash 061822 — Cash used to close for week ending June 18

FHA financing was used to close on 29 homes at median price $310,000 with 14 days average market time, last week 25 homes at median price $320,000 with 34 days average market time.

FHA 061822 — FHA financing used to close for week ending June 18

VA financing was used to close on 8 homes this week at a median price $379,000 with 13 days average market time, last week 9 homes at median price $437,180 with 14 days average market time.

VA 061822 — VA financing used to close for week ending June 18

Buyer’s closed on 182 homes that were at least 2,000 square feet or more at median price $500,000 with 17 days average market time, last week 167 homes at median price $497,600 with 25 days average market time. Minimum price this week $225,000, last week $228,000.

2000 SF or more 061822 — Homes closed that were at least 2,000 SF or more for week ending June 18

Conventional financing is still the way the majority of buyer’s use to purchase a home. About 65% of homes sold this week in the Fox Valley area of Illinois are at least 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week are down. 245 this week compared to 290 the previous week.

Look at the communities seller’s accepted the most contracts this week:

Aurora-37 Bolingbrook-20

Naperville-39 Oswego-12

Plainfield-43 St Charles-22

West Chicago-12 Yorkville-10

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

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

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

The median price of homes that went under contract this week $379,000 with 23 days average market time, last week median price $379,950 with 31 days average market time.

Contingent Stats 061822 — Contingent Stats for week ending June 18

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 793 841 753

Totals 4741 4616 5130

June could turn out to be the best month so far if it keeps consistent for the rest of the month.

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 2021 and 2020 so you can compare to this year.

Resources

Everything that is underlined click on to go to the site for the information. If there is other information that you are looking for not here, just let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rates you will be offered. It depends on your credit score. If you need to work on your score they can help you with that.

Request a home valuation if you are thinking about selling your home. Tell us a little bit about your home and what has recently been updated. We will give you an estimate of what it will sell for, and a net proceeds, that shows you an estimate of expenses to sell. When an offer comes in we will update the net proceeds so you can make a good decision.

If you are thinking about buying a home you will want to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved before you start looking so you know you will be able to get a loan for that property. You will feel better about spending the money on inspections because if the property appraises out for the purchase price and no title issues you will be closing.

Sign-up for email alerts with the area, price and how many bedrooms and you will receive listings as they hit the market.

Contact us

Call us at 630503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendations for loan officers, real estate attorneys or home inspectors just let us know and we will give you a few to contact so you can choose who you would like to work with.

All data provided here today is from our MLS. MRED, LLC. The numbers change continually throughout the day as agents upload their new listings, closed and under contract properties.

Fox Valley home prices June 18. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices June 11

Posted on June 11, 2022June 11, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 11

Fox Valley home prices June 11. This is the first full week of June. We will go over new listings, closed and contracts accepted. What communities had the most activity, median prices and financing used. We will also take a look at 2022 by the month.

New listings this week were down. 243 this week compared to 279 the previous week.

Closed listings were also down. 256 this week compared to 306 the previous week.

Take a look at the communities with the most activity this week:

Aurora-New 32 $139,900-$1,230,000

Closed-26 $150,000-$906,000

Batavia-New 11 $255,000-$709,900

Closed-10 $290,750-$495,000

Bolingbrook-New 23 $120,000-$950,000

Closed-26 $230,000-$540,000

Geneva-New 9 $234,900-$899,000

Closed-15 $235,000-$999,486

Naperville-New 44 $329,500-$3,750,000

Closed-46 $300,000-$1,350,000

Oswego-New 14 $295,000-$520,000

Closed-12 $240,000-$585,000

Plainfield-New 34 $239,900-$1,045,000

Closed-25 $285,000-$625,000

St Charles-New 15 $275,000-$825,000

Closed-16 $315,000-$950,000

Yorkville-New 13 $179,500-$689,900

Closed-11 $194,500-$810,000

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

Median list price this week $399,000, last week $400,000

Closed median price this week $415,500, last week $410,000

Stats 061122 — Stats for week ending June 11

Conventional financing was used for 184 homes with median price of $434,000 with 19 days average market time, last week 251 homes at median price $430,000 with 12 days average market time.

Conv 061122 — Conventional financing used for week ending June 11

Cash was used to close on 35 homes with median price $402,500 with 18 days average market time, last week 18 homes at median price $391,250 with 13 days average market time.

Cash 061122 — Cash used to close for week ending June 11

FHA financing was used to close on 25 homes this week with a median price $320,000 with 34 days average market time, last week 19 homes with a median price $310,000 with 24 days average market time.

FHA 061122 — FHA financing used to close for week ending June 11

VA financing was used to close on 9 homes this week with a median price $437,180 with 14 days average market time, last week 15 homes with median price $383,000 with 51 days average market time.

VA 061122 — VA financing used to close for week ending June 11

Homes that are at least 2,000 square feet or more closed on 167 with a median price $497,600 with 25 days average market time, last week 193 homes with median price $480,000 with 16 days average market time. Minimum price this week $228,000, last week $155,000. What a difference a week makes.

2000 SF or more 061122 — Homes that were at least 2,000 SF or more closed for week ending June 11

Contracts accepted this week

Contracts accepted this week were up. 290 this week compared to 218 the previous week.

Look at the communities seller’s accepted the most contracts:

Aurora-42 Batavia-12

Bolingbrook-22 Geneva-14

Montgomery-16 Naperville-49

Oswego-12 Plainfield-35

St Charles-17 Yorkville-11

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

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

1 that we do not have information about how long the buyers have to waive contingences or drop out.

Median price under contract this week $379,950 with 31 days average market time, last week median price $399,450 with 20 days average market time.

contingent stats 061122 — Contingent stats for week ending June 11

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 522 562 508

Totals 4470 4337 4885

It is still a tight market, but loosening up slightly. Prices are still rising.

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 take a look back at 2021 and 2020 so you can see how the market is doing this year.

Resources

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

Check with your loan officer to see what interest rate they will be offering you. It depends on your credit score. They can help you bring up your score. Just ask.

We can also recommend real estate attorney, home inspector and loan officers.

Request a home valuation and we will let you know what your home is worth in today’s market. Give us some information about your home and what has been recently updated.

If you are thinking about buying a home you need to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved for a loan so when you start looking you know that you will be able to go through with it and it also lets the seller know that you already did the work. It puts you in a better position to win.

Sign-up for email alerts so you do not miss out on a property that comes on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

All data provided today is from our MLS. MRED, LLC. The data is constantly changing as agents upload the information throughout the day.

Fox Valley home prices June 11. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices June 4

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

Fox Valley home prices June 4

Fox Valley Home Prices April 23

Fox Valley home prices June 4. I am a day late getting this posted. All the information was downloaded yesterday though. It has been busy.

New listings of single family homes were up. 279 this week compared to 243 the previous week.

Closed listings were also up. 306 this week compared to 252 the previous week.

Take a look at the communities with the most activity this week:

Aurora-New 43 $179,900-$700,000

Closed-39 $157,500-$622,000

Batavia-New 12 $199,000-$676,108

Closed-10 $244,600-$580,000

Bolingbrook-New 16 $259,900-$495,900

Closed-15 $237,500-$759,000

Geneva-New 12 $229,000-$921,500

Closed-12 $288,000-$1,081,521

Naperville-New 54 $300,000-$1,895,000

Closed-67 $290,000-$1,600,000

Oswego-New 11 $264,000-$2,399,000

Closed-25 $245,000-$631,000

Plainfield-New 32 $220,000-$1,550,000

Closed-39 $205,000-$680,000

St Charles-New 25 $235,000-$1,000,000

Closed-19 $210,000-$751,000

West Chicago-New 11 $250,000-$1,500,000

Closed-8 $293,000-$665,000

Yorkville-New 12 $320,000-$520,000

Closed-7 $270,000-$550,000

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

Median price this week $400,000, last week $399,999.

Closed median price this week $410,000, last week also $410,000

Stats 060422 — Stats for week ending June 4

Conventional financing was used to close on 251 homes this week at a median price $430,000 with 12 days average market time, last week 194 homes at median price of $427,550 with 30 days average market time.

Conv 060422 — Conventional financing use to close for week ending June 4

Cash was used to close on 18 homes this week at a median price of $391,250 with 13 days average market time, last week 17 homes at a median price of $328,000 with 12 days average market time.

Cash 060422 — Cash used to close for week ending June 4

FHA financing was used to close on 19 homes this week at a median price of $310,000 with 24 days average market time, last week 17 homes at median price of $328,000 with 12 days average market time.

FHA 060422 — FHA financing used to close for week ending June 4

VA financing used to close on 15 homes at a median price of $383,000 with 51 days average market time, last week 6 homes at median price of $390,000 with 6 days average market time.

VA 060422 — VA financing used to close for week ending June 4

Buyer’s looking for homes that are at least 2,000 square feet or more closed on 193 homes at a median price of $480,000 with 16 days average market time, last week 157 homes at a median price of $500,000 with 29 days average market time. The minimum price for a home that was at least 2,000 square feet or more was $155,000, last week $255,000.

2000 SF or more 060422 — Homes that are at least 2,000 SF or more for week ending June 4

Contracts accepted this week

Contracts accepted this week were down. 218 this week compared to 275 the previous week.

Look at the communities seller’s accepted the most contracts this week:

Aurora-41 Bolingbrook-14

Naperville-42 Plainfield-28

St Charles-14 Yorkville-10

No short sales went under contract this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 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 48 hours and 1 that we don’t know the time frame.

The median price of homes under contract this week is $399,450 with 20 days average market time, last week the median price was $399,900 with 17 days average market time.

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 279 306 218

Totals 4227 4081 4595

More new listings than closed is a good sign that things are changing slightly. Prices are still increasing and inventory is low, but we hope June continues to increase the amount of listings of homes for sale.

Check back with us every Saturday for the real estate market update. We are late this week but try not to be. At the end of each month we will take a look back at 2021 and 2020 so you can see how this year is going.

Resources

Everything that is bold and underlined you can click on and it will take you to the site for the information. If there is other information you are looking for not here please 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. If you need to bring up your score they can help you with that.

Request a home valuation if you are thinking about selling your home. Give is a little information about your home and what has been updated. Let us know the best way to get in touch with you and we will give you an estimate of what it is worth in today’s market. You will also get an estimate of expenses to sell. This will be updated when an offer comes in and we know all the details.

If you are wanting to buy a home you need to get in touch with a loan officer and get them all your financial information and have them put you through underwriting so you are approved for a loan. It is not enough to just get pre-approved right now. You will be up against multiple offers so you want to be in the best position to win.

You can sign-up for email alerts so you don’t miss out on anything coming on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendations for loan officers, real estate attorney, or home inspector we can give you a few to contact and choose who you want to work with.

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

Fox Valley home prices June 4. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices May 28

Posted on May 28, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 28

Fox Valley home prices May 28. We remember and honor the men and woman who gave their lives in service to our country this Memorial Day.

It also marks the beginning of summer for most people.

New listings this week were down. 243 this week compared to 307 the previous week.

Closed listings were up. 252 this week compared to 218 the previous week.

Take a look at the communities with the most activity this week:

Aurora-New 33 $129,900-$569,000

Closed-44 $130,000-$795,000

Bolingbrook-New 21 $199,900-$799,900

Closed-17 $221,000-$653,774

Geneva-New 10 $439,900-$1,898,000

Closed-9 $280,000-$835,000

Naperville-New 52 $199,900-$2,500,000

Closed-42 $355,000-$1,420,000

Oswego-New 8 $230,000-$600,000

Closed-12 $315,000-$581,900

Plainfield-New 34 $199,900-$774,900

Closed-34 $275,000-$750,500

St Charles-New 8 $409,500-$2,299,999

Closed-23 $260,000-$1,350,000

West Chicago-New 10 $239,900-$1,395,000

Closed-4 $268,000-$530,000

Yorkville-New 7 $279,900-$625,000

Closed-11 $275,000-$500,000

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

The median list price this week $399,999, last week $425,000

Closed median price this week $410,000, last week $405,000

Conventional financing was used to close 194 homes at a median price of $427,550 with 30 days average market time, last week 153 homes at $435,000 with 13 days average market time.

Conv 052822 — Conventional financing used for week ending May 28

Cash was used to close on 35 homes this week at a median price of $400,000 with 26 days average market time, last week 36 homes at median price of $405,000 with 15 days average market time.

Cash 052822 — Cash used to close for week ending May 28

FHA financing was used to close on 17 homes with a median price of $328,000 with 12 days average market time, last week 18 homes at a median price of $335,000 with 21 days average market time.

FHA 052822 — FHA financing used to close for week ending May 28

VA financing was used to close 6 homes at a median price of $390,000 with 6 days average market time, last week 10 homes at median price of $407,500 with 7 days average market time.

VA 052822 — VA financing used to close for week ending May 28

Buyers closed on 157 homes that were at least 2,000 square feet or more this week with a median price of $500,000 with 29 days average market time, last week 152 homes with a median price of $466,000 with 14 days average market time. Minimum price this week $255,000, last week $237,000.

2000 SF or more 052822 — Homes closed with 2,000 square feet or more for week ending May 28

Contracts accepted this week

Contract accepted this week were consistent. 275 this week compared to 278 the previous week.

Look at the communities seller’s accepted the most contracts this week:

Aurora-42 Bolingbrook-26

Geneva-12 Naperville-55

Plainfield-33 St Charles-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. 2 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. 3 with a kick-out clause of 72 hours and 1 with 48 hours.

The median price of homes that went under contract this week was $399,900 with 17 days average market time, last week median price $392,500 with 18 days average market time.

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

2022

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 1143 1106

Totals 3948 4025 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

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

Totals 5558 3598 5180

2020 had the most new listings but the least closed. You can see how tight the market is this year. That is why prices have increased so much. Fewer new listings to choose from.

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

Resources

Everything you see darker and underlined click on it and it will 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 rate you will be offered. It depends on your credit score what interest rate you will get. If you need help to improve your score talk to them. They will help you.

Request a home valuation if you are wanting to sell your home. Give us a little information about your home and what you have recently updated. We will let you know what it is worth in today’s market. You will also be shown and estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home this year? You need to contact a loan officer and get them all your financial information and apply for the loan so they can put you through underwriting and get approved subject to finding the home, appraisal and title. Taking this step will help you when you write an offer especially if there are other offers you are competing against. You will also not have to worry about last minute things coming up that need to be cleared up at the last minute.

You can sign-up for email alerts with your criteria and you will be emailed as soon as a property hits the market so you don’t miss anything.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

We can make recommendations for loan officers, real estate attorneys and home inspectors.

All data provided was from our MLS. MRED, LLC.

It is constantly updated.

Fox Valley home prices May 28. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices May 14

Posted on May 14, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 14

Fox Valley home prices May 14. New listings were up significantly. 296 this week compared to 255 the previous week.

Closed listings this week were down. 182 this week compared to 241 the previous week.

Take a look at the communities with the most activity this week:

Aurora-New 40 $135,000-$799,900

Closed-23 $168,000-$810,500

Batavia-New 13 $220,000-$1,795,000

Closed-7 $295,000-$812,500

Bolingbrook-New 23 $169,900-$650,000

Closed-13 $315,000-$930,000

Geneva-New 12 $282,500-$779,900

Closed-5 $370,000-$875,000

Naperville-New 63 $339,800-$2,350,000

Closed-32 $330,000-$2,100,000

Oswego-New 16 $225,000-$1,390,000

Closed-8 $380,407-$568,382

Plainfield-New 32 $189,900-$1,049,900

Closed-12 $280,000-$545,000

St Charles-New 26 $135,000-$889,000

Closed-17 $285,000-$1,150,000

Yorkville-New 11 $299,900-$889,000

Closed-9 $325,000-$479,000

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

Median list price of single family homes this week $415,000, last week $414,450.

Closed median price this week $395,000, last week $400,000

I forgot to print this page and had to go back in to do it and the number changed by 1 for closed homes.

Stats 051422 — Stats for week ending May 14

Conventional financing was used to close on 124 homes this week, with a median price of $425,000, and 23 days average market time. Last week 178 homes at median price of $425,750, and 24 days average market time.

Conv 051422 — Conventional financing used for week ending May 14

Cash was used to close on 24 homes at median price of $402,500, and 17 days average market time. Last week 32 homes at median price of $390,500, and 18 days average market time.

Cash 051422 — Cash used to close for week ending May 14

FHA financing was used to close on 25 homes at median price of $300,000, and 18 days average market time. Last week 25 homes at median price of $255,000, and 24 days average market time.

FHA 051422 — FHA financing used to close for week ending May 14

VA financing was used to close on 8 homes at median price of $346,600, and 66 days average market time. Last week 5 homes at median price of $590,000, and 18 days average market time.

VA 051422 — VA financing used to close for week ending May 14

Homes that were at least 2,000 square feet or more closed on 111 this week at median price of $470,000, and 22 days average market time. Last week 144 homes at median price $496,250, and 31 days average market time. The minimum price for this week $192,000, last week $200,000.

2000 SF or more 051422 — Homes that were at least 2,000 SF or more for week ending May 14

Contracts accepted this week

Contracts accepted this week were down. 259 this week compared to 272 the previous week.

Look at the communities seller’s accepted the most contracts:

Aurora-44 Bolingbrook-23

Geneva-15 Naperville-44

Oswego-10 Plainfield-35

St Charles-19

One short sale was accepted by a seller this week. It was in Bolingbrook. 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, 5 with 48 hours, and 1 with 24 hours.

No contracts were accepted this week that were contingent on the buyer selling and closing on their current home.

Median price that went under contract this week $399,900, and 22 average market time. Last week was the same. Median price $399,900, and average market time 22 days.

Contingent Stats 051422 — Stats for contracts accepted for week ending May 14

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 551 423 531

Totals 3,398 3,305 4,102

Check back with us every Saturday for the real estate market update for the Fox Valley area in Illinois. At the end of each month we will also show you 2021 and 2020 so you can compare and see how this year is doing.

It is time to keep an eye on how many new listings versus closed for the month. We are starting to see more price changes.

Resources

You can click on anything that is underlined here to go to the site for the information. If there is other information that you are looking for please let us know so we can point you in the right direction.

Check with your loan officer to see what interest rate they will be offering you. It depends on your credit score. If you need to improve your score they can help you.

Some lenders are offering to put you through underwriting when you start the process of wanting to buy a home. Get then all your financial information. This takes out all the guess work so you and a seller know that you are approved for a loan up to a certain price. If the home inspection goes well and the appraisal comes in at the contract price you are set to go and can close soon. Home inspections are not cheap. Why not get approved so you don’t have to worry that you are spending money on it when you don’t know if you will get approved.

Request a home valuation to see what your home is worth in today’s market. Tell us a little bit about your home and what has recently been updated. We will provide you with a net proceeds that shows you an estimate of what it will cost to sell your home. This will be updated when an offer comes in and we know all the terms.

You can set up an email alert so you will receive listings as soon as they hit the market.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.

If you need recommendations for loan officer, real estate attorney or home inspectors just let us know. We will provide you with a few to contact and you can decide who you would like to work with.

All data used is from our MLS. MRED, LLC.

Fox Valley home prices May 14. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!