Fox Valley home prices September 21st

Posted on September 22, 2024September 22, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 21st

Fox Valley home prices September 21st. I am looking forward to the 70’s this next week with a couple of days of rain.

I am late writing this post. All information was downloaded Saturday morning.

New listings this week are consistent. 223 this week compared to 229 the previous week.

Closed listing this week are slightly down. 152 this week compared to 163 the previous week.

Aurora-New 24 $199,900-$950,000

Closed-24 $205,000-$1,025,000

Bolingbrook-New 15 $289,900-$806,971

Closed-16 $265,000-$575,000

Elgin-New 19 $229,900-$712,000

Closed-5 $307,000-$535,000

Geneva-New 12 $349,900-$815,000

Closed-4 $225,000-$503,000

Naperville-New 29 $385,000-$3,400,000

Closed-20 $437,750-$2,060,000

Oswego-New 13 $229,900-$675,000

Closed-9 $309,240-$740,000

Plainfield-New 25 $290,000-$762,485

Closed-14 $262,500-$1,075,000

St Charles-New 16 $89,000-$1,500,000

Closed-10 $216,000-$1,700,000

Yorkville-New 13 $360,000-$930,000

Closed-5 $369,000-$860,000

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

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

Median list price this week $457,960, last week $445,000

Closed median price this week $450,000, last week $429,135.

Stats 092124 — Stats for week ending September 21st

Conventional financing was used to close on 104 homes this week at median price $455,000 with 23 days average market time, last week 118 homes at median price $434,500 with 23 days average market time.

Conv 092124 — Conventional financing used to close for week ending September 21st

Cash was used to close on 30 homes this week at median price $485,000 with 35 days average market time, last week 21 homes at median price $475,000 with 41 days average market time.

Cash 092124 — Cash used to close for week ending September 21st

FHA financing was used to close on 6 homes this week at median price $338,500 with 61 days average market time, last week 16 homes at median price $327,500 with 19 days average market time.

FHA 092124 — FHA financing used to close for week ending September 21st

VA financing was used to close on 10 homes at median price $425,000 with 24 days average market time, last week 7 homes at median price $372,500 with 27 days average market time.

VA 092124 — VA financing used to close for week ending September 21st

2,000 SF or more closed on 100 homes this week at median price $510,000 with 30 days average market time, last week 86 homes at median price $525,000 with 21 days average market time. Minimum price this week $229,000, last week $275,000.

It is crazy that there is more VA loans used to close this week than FHA. Conventional loans continue to be the most used way to finance a home.

Under contract this week

Homes under contract this week are slightly up. 211 this week compared to 195 the previous week.

Even though today’s date is on there all this information is from yesterday. I am late in posting.

Aurora-25 Bolingbrook-11

Elgin-21 Naperville-42

Plainfield-21 St Charles-14

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. 7 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, 6 with 48 hours, and 2 with 24 hours. 1 we don’t know the hours.

Under contract median price this week $450,000 with 39 days average market time, last week $419,900 with 44 days average market time.

Under contract stats 092124 — Under contract stats for week ending September 21st

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 661 523 576

Totals 7490 6578 7271

At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

Check out some great resources. Click on everything that is bold and underlined to take you to the information.

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

All data provided today was downloaded yesterday Saturday from our MLS, MRED, LLC.

Fox Valley home prices September 21st. 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 29th

Posted on June 29, 2024June 29, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home price June 29th

Fox Valley home prices June 29th. It is going to be hot and humid today with a high of 89. This next week should be the high 70’s to mid 80’s. Summer is here!

New listings this week are up. 269 this week compared to 243 the previous week.

Aurora-New 31 $156,000-$740,000

Closed-29 $181,000-$854,000

Bolingbrook-New 12 $289,000-$680,000

Closed-9 $275,000-$530,000

Elgin-New 33 $219,900-$799,900

Closed-32 $150,100-$610,990

Geneva-New 9 $415,000-$1,250,000

Closed-15 $360,000-$1,375,000

Naperville-New 47 $439,000-$1,598,000

Closed-45 $335,000-$3,100,000

Oswego-New 14 $350,000-$749,900

Closed-10 $285,000-$700,000

Plainfield-New 31 $275,000-$1,150,000

Closed-21 $245,000-$1,000,000

South Elgin-New 7 $305,000-$985,000

Closed-11 $330,000-$590,826

St Charles-New 21 $315,000-$3,150,000

Closed-11 $280,000-$850,000

Check out the price ranges of other communities that also had activity this week in photo above.

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

Median list price this week $492,370, last week $475,000

Closed median price this week $474,625, last week $475,000

Stats 062924 — Stats for week ending June 29th

Conventional financing was used to close on 179 homes this week at median price $515,000 with 37 days average market time, last week 153 homes at median price $490,000 with 23 days average market time.

Conv 062924 — Conventional financing used to close for week ending June 29th

Cash was used to close on 42 homes this week at median price $448,151 with 23 days average market time, last week 33 homes at median price $485,000 with 17 days average market time.

Cash 062924 — Cash used to close for week ending June 29th

FHA financing was used to close on 19 homes this week at median price $332,000 with 36 days average market time, last week 12 homes at median price $379,250 with 18 days average market time.

FHA 062924 — FHA financing used to close for week ending June 29th

VA financing was used to close on 7 homes this week at median price $440,000 with 39 days average market time, last week 5 homes at median price $439,000 with 21 days average market time.

VA 062924 — VA financing used to close for week ending June 29th

2,000 SF or more closed on 165 homes at median price $565,641 with 36 days average market time, last week 145 homes at median price $539,000 with 22 days average market time. Minimum price this week $328,600, last week $175,000.

2000 SF or more 062924 — 2,000 SF or more closed for week ending June 29th

Almost 72% of homes closed this week used Conventional financing. If you add in cash to conventional financing it is just under 89%.

Under contract this week

Homes that went under contract this week are consistent. 233 this week compared to 234 the previous week.

Aurora-26 Bolingbrook-14

Elgin-30 Geneva-11

Naperville-37 Plainfield-33

St Charles-12

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

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, 3 with 48 hours, and 2 with 24 hours.

Also, seller’s accepted contracts this week that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 6 with 48 hours, and 1 with 24 hours.

Under contract this week median price this week $450,000 with 35 days average market time, last week $471,935 with 35 days average market time.

Under contract stats 062924 — Under contract stats for week ending June 29th

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

Totals 4773 4147 4876

2023

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

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. Usually we do not do all 3 years every Saturday. Just at the end of each month.

Contact us

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

Check out some great resources. Click on everything that is bold and underlined and it will take you to the information. Let us know if you are looking for information not listed here.

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

Fox Valley home prices June 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 June 1st

Posted on June 1, 2024June 1, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 1st

Fox Valley home prices June 1st. No need to water garden or flowers today. It is raining. First part of the week it is going to be hot in the 80’s and then back to mid 70’s.

New listings this week are up slightly. 219 this week compared to 193 the previous week.

Closed listing are also slightly up. 218 this week compared to 188 the previous week.

Aurora-New 17 $195,000-$859,900

Closed-16 $175,000-$671,000

Bolingbrook-New 10 $334,900-$639,900

Closed-13 $285,000-$620,000

Elgin-New 21 $225,000-$1,695,000

Closed-25 $108,000-$626,000

Geneva-New 8 $430,000-$1.300,000

Closed-14 $260,000-$740,000

Naperville-New 43 $350,000-$2,625,000

Closed-38 $270,000-$1,630,000

Plainfield-New 27 $285,000-$699,900

Closed-32 $270,000-$942,000

St Charles-New 17 $200,000-$725,000

Closed-16 $272,000-$1,350,000

Yorkville-New 13 $295,000-$1,077,720

Closed-12 $384,990-$639,900

These are the communities with the most activity this week. Other communities also had activity. You can see the price ranges of those communities in the photo above.

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

Median list price this week $479,900, last week $455,000.

Closed median price this week $447,500, last week $464,950.

Stats 060124 — Stats for week ending June 1st

Conventional financing was used to close on 168 homes this week at median price $470,000 with 26 days average market time, last week 138 homes at median price $486,500 with 22 days average market time.

Conv 060124 — Conventional financing used to close for week ending June 1st

Cash was used to close on 27 homes this week at median price $500,000 with 29 days average market time, last week 38 homes at median price $437,500 with 24 days average market time.

Cash 060124 — Cash used to close for week ending June 1st

FHA financing was used to close on 15 homes this week at median price $365,000 with 42 days average market time, last week 10 homes at median price $316,000 with 23 days average market time.

FHA 060124 — FHA financing used to close for week ending June 1st

VA financing was used to close on 7 homes this week at median price $384,500 with 19 days average market time, last week 1 home at $500,000 with 6 days average market time.

VA 060124 — VA financing used to close for week ending June 1st

2,000 SF or more closed on 141 homes this week at median price $545,000 with 29 days average market time, last week 123 homes at median price $560,000 with 26 days average market time. Minimum price this week $235,000, last week $270,000.

2000 SF or more 060124 — 2,000 SF or more for week ending June 1st

Conventional financing + Cash = 89% of homes closed this week. Only 22 homes out of the 218 were FHA or VA. If your loan officer is pre approving you for FHA find out what you can do to change it to Conventional. See if it is credit score or what.

Under contract this week

Homes under contract this week are down slightly. 194 this week compared to 218 the previous week.

Aurora-27 Bolingbrook-12

Elgin-22 Naperville-32

Oswego-11 Plainfield-20

St Charles-11 Yorkville-11

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, 5 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. 1 with kick-out clause of 48 hours and also 1 with 24 hours.

Median price of homes that went under contract this week $469,585 with 32 days average market time, last week $455,000 with 35 days average market time.

2024 and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

Totals 3764 3241 3958

2023

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

We are heading in the right direction for new listings but we still need more in every price range to meet buyer’s needs.

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

Contact us

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

Check our these great resources. Click on everything that is bold and underlined to take you to the information.

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

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

Fox Valley home prices June 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 February 10th

Posted on February 10, 2024February 10, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 10th

Fox Valley home prices February 10th. Another week with mid 40’s and then we will back to the 30’s during the day. Not bad for February.

New listings this week are slightly up. 145 this week compared to 138 the previous week.

Closed listings are down significantly. 72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

Closed-10 $353,000-$760,008

19 other communities had activity this week. Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024 — Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024 — Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024 — Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024 — FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024 — VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time. Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024 — 2000 SF or more closed for week ending February 10th

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up. 177 this week compared to 142 the previous week.

Aurora-19 Elgin-21

Naperville-24 Oswego-10

Plainfield-25

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

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

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024 — Under contract stats for week ending February 10th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 145 72 177

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

At the end of each month we will also take a look at 2023 and 2022 so you have something to compare to so you can see how it is going this year.

Contact us

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

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

Info to check out

Fox Valley home prices February 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 January 13th

Posted on January 13, 2024January 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d 20 degrees and sunny today after a snow day yesterday. Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high. So it is time to bundle up.

New listings this week are up. 128 this week compared to 92 the previous week.

Close listings are also up. 106 this week compared to 84 the previous week.

This week was the first full week of the year. New year’s day everything was closed.

We have added 2 towns this week by request. Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

Closed-23 $209,000-$1,110,000

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2 — Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2 — Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2 — Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2 — FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2 — VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time. Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2 — 2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois. Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up. 133 this week compared to 72 the previous week.

Aurora-15 Bolingbrook-12

Elgin-21 Naperville-12

Plainfield-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. 1 with a kick-out clause of 72 hours and 1 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2 — Under contract stats for week ending January 13th

2024 by the month

Month New Closed Under contract

January 220 190 205

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

Contact us

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

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

Information to check out

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few and you decide who you want to work with.

Fox Valley home prices January 13th. Have an awesome week and stay warm!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 6th

Posted on January 6, 2024January 6, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 6th

Fox Valley home prices January 6th. Happy New Year! This is the first week of the year.

We just had our first snow fall and expect to get a big snow fall on Tuesday. We will see.

New listings are up. 92 this week compared to 48 the previous week.

Closed listings are down. 84 this week compared to 101 the previous week.

Aurora-New 7 $182,000-$519,900

Closed-15 $210,000-$508,000

Bolingbrook-New 11 $259,000-$459,900

Closed-6 $255,000-$510,000

Naperville-New 6 $395,000-$1,350,000

Closed-11 $320,000-$1,454,418

Plainfield-New 13 $339,000-$799,000

Closed-7 $330,000-$540,000

Yorkville-New 10 $305,000-$420,000

Closed-5 $50,000-$425,000

Look at photo above for some of the other communities that had activity this week. See the price ranges in those communities.

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

Median list price this week $400,000, last week $399,900.

Closed median price this week $365,000, last week $390,000.

Stats 010624 — Stats for week ending January 6th

Conventional financing was used to close on 51 homes this week at median price $389,500 with 47 days average market time, last week 71 homes at median price $399,900 with 40 days average market time.

Conv 010624 — Conventional financing used to close for week ending January 6th

Cash was used to close on 20 homes this week at median price $350,000 with 65 days average market time, last week 15 homes at median price $355,000 with 50 days average market time.

Cash 010624 — Cash used to close for week ending January 6th

FHA financing was used to close on 9 homes this week at median price $346,000 with 26 days average market time, last week 7 homes at median price $395,000 with 34 days average market time.

FHA 010624 — FHA financing used to close for week ending January 6th

VA financing used to close on 4 homes this week at median price $319,500 with 24 days average market time, last week 8 homes at median price $383,250 with 17 days average market time.

VA 010624 — VA financing used to close for week ending January 6th

2,000 SF or more closed on 41 homes at median price $480,000 with 69 days average market time, last week 55 homes at median price $465,000 with 43 days average market time. Minimum price this week $200,000, last week $265,000.

2000 SF or more 010624 — 2000 SF or more homes closed for week ending January 6th

2024 is continuing the trend of using Conventional financing more than any other type of financing. Next is cash.

Under contract this week

Homes that went under contract this week are up. 72 this week compared to 43 the previous week.

Plainfield -19

One short sale to report 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. 1 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. 3 with a kick-out clause of 48 hours and 1 with 24 hours.

Median price of homes that went under contract this week $419,450 with 69 days average market time, last week $359,000 with 48 days average market time.

Under contract stats 010624 — Under contract stats for week ending January 6th

2024 by the week

Month New Closed Under contract

January 92 84 72

We are just beginning the new year. 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 look back at 2023 and 2022 so you have something to compare to.

Contact us

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

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

Get more information on

Fox Valley home prices January 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

Fox Valley home prices December 30th

Posted on December 30, 2023December 30, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 30th

Fox Valley home prices December 30th. Mid 30’s for the next couple of weeks. More seasonal temperatures then what we have been having.

New listings are slightly up. 48 this week compared to 38 the previous week.

Closed listings are down. 101 this week compared to 126 the previous week.

It is the holidays so things are slower right now.

Aurora-New 13 $119,000-$811,515

Closed-15 $167,500-$585,000

Bolingbrook-New 2 $300,000-$385,000

Closed-10 $166,200-$1,170,000

Naperville-New 4 $779,000-$1,550,000

Closed-19 $350,000-$169,836,218

Plainfield-New 11 $320,000-$1,050,000

Closed-14 $287,000-$600,000

Hopefully after the 1st of the year we will see more listings come onto the market.

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

Median list price this week $399,900, last week $392,222.

Closed median price this week $390,000, last week $382,500.

Stats 123023 — Stats for week ending December 30th.

Conventional financing was used to close on 71 homes this week at median price $399,900 with 40 days average market time, last week 93 homes at median price $412,000 with 46 days average market time.

Conv 123023 — Conventional financing used to close for week ending December 30th.

Cash was used to close on 15 homes this week at median price $355,000 with 50 days average market time, last week 21 homes at median price $354,000 with 33 days average market time.

Cash 123023 — Cash used to close for week ending December 30th.

FHA financing was used to close on 7 homes this week at median price $395,000 with 34 days average market time, last week 11 homes at median price $318,000 with 22 days average market time.

FHA 123023 — FHA financing used to close for week ending December 30th.

VA financing was used to close on 8 homes this week at median price $383,250 with 17 days average market time, last week 1 home at $303,750 with 6 days average market time.

VA 123023 — VA financing used to close for week ending December 30th.

2,000 SF or more closed on 55 homes this week at median price $465,000 with 43 days average market time, last week 64 homes at median price $442,500 with 59 days average market time. Minimum price this week $265,000, last week $268,000.

2000 SF or more 123023 — 2000 SF or more closed for week ending December 30th.

The majority of the homes closed this week used Conventional financing and half of them were at least 2000 square feet or more.

Under contract this week

Homes that went under contract this week are way down. 43 this week compared to 97 the previous week.

Plainfield-12

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause for 48 hours.

Median price for homes that went under contract this week $359,000 with 48 days average market time, last week $375,000 with 63 days average market time.

Under contract stats 123023 — Under contract stats for week ending December 30th.

2023 and a look back at 2022, 2021, 2020, and 2019

2023 New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 249 497 363

Totals 7950 7828 8347

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 257 524 322

Totals 9477 9883 9871

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

December 349 1044 652

Totals 10572 12919 13533

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

December 513 971 783

Totals 12343 11869 14146

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

July 1423 1008 1090

August 1585 1330 1196

September 1164 765 869

October 1041 738 776

November 897 946 839

December 496 638 497

Totals 15129 10250 11847

What a difference from 2019 to 2023. You can see the steady decline in listings. Supply and demand. You can see why listings have increased in price.

Contact us

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

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

To get information about types of loans and the process, VA loans and the requirements, down payment resource, IHDA programs, request a home valuation, sign-up for email alerts and search for a home go here.

Fox Valley home prices December 30th. Happy New Year! Have an awesome week ahead.

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 December 2nd

Posted on December 2, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 2nd

Fox Valley home prices December 2nd. The weather has not been bad so far for this time of year. We had a little snow but that is gone now. No snow for at least the next couple of weeks.

New listing are up. 115 this week compared to 67 the previous week.

Closed listings are up. 153 this week compared to 90 the previous week.

It was a holiday week the previous week so it is not comparing to a normal week.

Aurora-New 17 $205,000-$699,000

Closed-21 $185,000-$640,000

Bolingbrook-New 13 $239,900-$529,900

Closed-11 $280,000-$801,736

Geneva-New 3 $435,000-$1,393,805

Closed-10 $365,500-$710,000

Naperville-New 21 $349,900-$4,888,000

Closed-21 $325,000-$2,550,000

Oswego-New 4 $405,643-$600,510

Closed-11 $265,000-$1,325,000

Plainfield-New 19 $295,000-$695,000

Closed-26 $239,800-$657,395

St Charles-New 1 $898,000

Closed-10 $290,000-$1,934,500

Yorkville-New 5 $394,500-$429,900

Closed-11 $310,000-$475,000

Other communities had activity this week. Look at the photo above to see the price ranges in those communities.

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

Median list price this week $407,771, last week $375,000.

Closed median price this week $424,900, last week $387,000.

Stats 120223 — Stats for week ending December 2nd.

Conventional financing was used to close on 104 homes this week at median price $430,000 with 39 days average market time, last week 58 homes at median price $387,500 with 30 days average market time.

Conv 120223 — Conventional financing used to close for week ending December 2nd.

Cash was used to close on 24 homes this week at median price $444,432 with 40 days average market time, last week 14 homes at median price $402,500 with 34 days average market time.

Cash 120223 — Cash used to close for week ending December 2nd.

FHA financing used to close on 15 homes this week at median price $330,000 with 50 days average market time, last week 11 homes at median price $360,000 with 14 days average market time.

FHA 120223 — FHA financing used to close for week ending December 2nd.

VA financing was used to close on 8 homes this week at median price $409,900 with 56 days average market time, last week 7 homes at median price $483,293 with 23 days average market time.

VA 120223 — VA financing used to close for week ending December 2nd.

2,000 SF or more closed on 95 homes this week at median price $497,500 with 44 days average market time, last week 44 homes at median price $481,646 with 38 days average market time. Minimum price this week $229,900, last week $301,000.

2000 SF or more 120223 — 2,000 SF or more closed for week ending December 2nd.

Conventional financing continues to be the way to go if you do not have cash.

Under contract this week

Homes that went under contract this week are slightly down. 92 this week compared to 115 the previous week.

Aurora-17 Naperville-11

Plainfield-16

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

A seller accepted a contract this week 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 and 5 with 48 hours.

Median price of homes that went under contract this week $360,000 with 44 days average market time, last week $399,900 with 38 days average market time.

Under contract stats 120223 — Median prices of home under contract for week ending December 2nd.

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

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

Totals 7701 7331 7984

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

Totals 9220 9359 9549

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1008 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

Totals 10143 11875 12901

The numbers keep decreasing every year. That is why prices have gone up so much. Not enough homes come on the market.

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

Contact us

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

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

For some great resources about types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request and to sign-up for email alerts go here.

Fox Valley home prices December 2nd. 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 November 11th

Posted on November 11, 2023November 11, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 11th

Fox Valley home prices November 11th. It doesn’t look like rain this next week and mid 50’s to lower 60’s.

New listings this week are up. 155 this week compared to 132 the previous week.

Closed listings are down. 134 this week compared to 187 the previous week.

Aurora-New 20 $149,900-$599,900

Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

Closed-11 $300,000-$678,724

Other communities had activity this week. You can see the price ranges in those communities in the photo above.

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

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123 — Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123 — Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123 — Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123 — FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123 — VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time. Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123 — 2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down. 119 this week compared to 136 the previous week.

Aurora-19 Naperville-24

Plainfield-13

No short sales 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 with a kick-out clause of 72 hours and 3 with 48 hours.

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123 — Stats under contract for week ending November 11th.

2023 by the month

Month New Closed Under Contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 287 321 255

Totals 7387 6932 7629

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.

Houses sell throughout the year in every month.

Resources

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

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

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 November 11th. 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 November 4th

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

Fox Valley home prices November 4th

Fox Valley home prices November 4th. Fall weather continues. It should be in the mid 50’s for the next couple of weeks.

New listings are down. 132 this week compared to 155 the previous week.

Closed listings are up. 187 this week compared to 149 the previous week.

Aurora-New 16 $165,000-$599,999

Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

Closed-10 $231,000-$749,900

Other communities had activity this week. 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 $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423 — Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423 — Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423 — Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423 — FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423 — VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time. Minimum price this week $280,000, last week $189,900. Condition and features is the difference in price.

2000 SF or more 110423 — 2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent. 136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this week Aurora-22 Bolingbrook-10

Naperville-23 Plainfield-21

St Charles-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. 3 with a kick-out clause of 72 hours and 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 72 hours and 3 with 48 hours.

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423 — Median price of homes under contract for week ending November 4th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 132 187 136

Totals 7232 6798 7510

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 compared to.

Resources

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

Check with your loan officer to see what programs they offer and if you can combine some programs.

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 November 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