Fox Valley home prices January 15 2022

Posted on January 15, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 15 2022

Fox Valley home prices January 15 2022. This is the 2nd full week of 2022. The real estate market is off to a slow start with new listings. 94 this week compared to 106 the previous week.

Closed listings this week are staying consistent. 127 this week compared to 122 the previous week.

January and February are usually slower months. It is a great time to list your home now if timing is not an issue. You can get ahead of the spring market. Buyers are still out there waiting for something to come on the market.

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

Aurora-New 14 $194,500-$679,000

Closed-14 $80,000-$515,000

Naperville-New 19 $379,900-$1,499,500

Closed-20 $205,000-$1,333,000

Plainfield-New 8 $289,900-$585,658

Closed-13 $285,000-$520,000

St Charles-New 8 $179,900-$707,000

Closed-15 $150,000-$1,052,500

Financing used, median prices and 2,000 or more square feet

The median list price of single family homes this week was $350,000, last week $362,500.

Closed median price this week was $331,000, last week $367,500.

Conventional financing is still the most used or accepted by seller’s. 90 this week with a median price of $365,000, last week 83 at $408,000 median price.

Cash was used for 18 homes to close this week with a median price of $282,500, last week 17 at $355,000 median price.

Conventional and Cash used January 15 2022

FHA was used for 18 homes to close at a median price of $258,500 this week, last week 14 closed with $270,500 median price.

VA financing was used to close 1 home at a price of $432,990 this week, last week 6 homes closed at $344,495 median price.

FHA and VA financing used January 15 2022

Buyers looking for a single family home that is at least 2,000 or more square feet closed on 70 homes at a median price of $434,000 this week, last week they closed on 76 homes at a median price of $465,750.

The minimum price for 2,000 square feet or more closed this week at a price of $235,000, last week $240,000.

2000 Square feet or more January 15 2022

2022 by the month

Month New Closed Contracts accepted

January 200 249 282

Check back with us every Saturday. At the end of each month we will compare to 2021 and 2020 so you can see how the market is doing.

Contracts accepted this week

Contracts accepted this week on single family homes was up. 172 this week compared to 110 the previous week. Buyers are out there waiting for homes to come on the market. So many of them were in multiple offer situations on homes that were not chosen and are still looking. No need to wait to put your home on the market.

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

Aurora-29 Bolingbrook-15

Naperville-19 Plainfield-27

St Charles-10

These communities are consistently on this list every week.

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. 5 with a kick-out clause of 48 hours.

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

If you need me to explain what this means just give me a call and I will be happy to explain it to you.

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.

Do you need help with a divorce situation or an estate? If you want to know what your next steps are call us and we will explain the process. Of course you will also need to contact a real estate attorney.

Request a home valuation to see what your home is worth in today’s market. We will also give you an estimate of what your expenses might be to sell. When an offer comes in we will update this when we know all the terms so you can make a good decision.

Thinking about buying a home this year? Plan ahead! Contact a loan officer and get them all your financial information so they can get you pre approved. Then you will be ready to start looking.

Resources:

Types of homes and the process

VA loans and the requirements

Current interest rates

Down payment assistance

IHDA programs

Check with your loan office to see what interest rate you qualify for with your credit score. If you need to bring your score up to get a better rate they can help you. Ask them if they offer any assistance.

All data used is from our MLS MRED, LLC.

If you would like to be set up to receive listings let us know what area you are looking for, the price range, and how many bedrooms you need. Any other things that you are looking for that you would like in your search. You have choices to get the information as it hits the market or you can choose to receive it at certain times of the day.

We want to make the home buying or selling process as good of an experience as we can. We have had years of experience and stay on top of things.

Fox Valley homes prices January 15 2022. Have a great week!

Kristine Heiman, SFR, SRS, AHWD, C2EX

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for homes today!

Fox Valley home prices December 11 2021

Posted on December 11, 2021December 11, 2021 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 11 2021

Fox Valley home prices December 11 2021. First I want to say how heartbreaking the storms of last night were in multiple states. So much devastation and loss of life. This is such a strange thing to happen in December.

New listings of single family homes were down. 78 this week compared to 102 the previous week. This is extremely low even for this time of year.

Closed listing of single family homes was also down. 210 this week compared to 244 the previous week. Closings should increase as we get closer to the end of the month. Some might even spill over into the new year.

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

Aurora-New 17 $120,000-$999,900

Closed-27 $135,500-$562,000

Bolingbrook-New 6 $264,900-$625,000

Closed-19 $199,900-$440,000

Naperville-New 11 $375,000-$1,265,000

Closed-31 $267,000-$1,180,000

Oswego-New 2 $400,000-$419,900

Closed-13 $215,000-$465,000

Plainfield-New 13 $279,000-$542,580

Closed-30 $263,500-$500,000

St Charles-New 6 $209,714-$775,000

Closed-13 $243,000-$1,550,000

Yorkville-New 5 $239,900-$2,964,000

Closed-15 $235,000-$465,000

Financing most used, median prices and 2,000 or more square feet

Median list price this week $347,000, last week $350,000.

Closed median price this week $332,500, last week $363,942.

Stats December 11 2021 — Stats this week

Conventional financing was used 150 times out of the 210 closed homes with a median price of $360,000, last week 176 at median price of $385,000.

Cash was used 18 out of the closings this week with median price of $287,750, last week 23 at $298,000.

Conventional and Cash December 11 2021 — Conventional and Cash closed this week

FHA was used 35 of the 210 closings this week with a median price of $287,000, last week 27 at $250,000.

VA was used for 7 of the closings with median price of $320,000, last week 13 at $390,000.

FHA and VA December 11 2021 — FHA and VA used this week

Single family homes with 2,000 or more square feet closed 121 at median price of $412,000, last week 144 at $445,450 median price. The minimum price of 2,000 or more square feet closed this week was $240,000, last week $207,000. For people looking for more square footage this gives you an idea of the pricing in the Fox Valley area.

2000 Square feet or more December 11 2021 — 2,000 or more square feet

Conventional financing is still what seller’s are looking for and accepting right now. If your loan officer is qualifying you for something else you might also want them to see what you qualify using this type of financing. They can qualify you for multiple ways of financing. You can try your preferred way first, and have Conventional as a backup.

Contracts accepted this week

Contracts accepted this week were consistent. 141 this week compared to 147 the previous week. Buyer’s are still out there ready to go even with the extremely low inventory. It is still a great time to sell! Very little competition right now.

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

Aurora-21 Bolingbrook-11

Naperville-17 Plainfield-22

1 short sale was accepted this week by a seller. It was in Aurora. Most homes have appreciated enough that seller’s do not have to sell short. They must of run into trouble shortly after purchasing. 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 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.

Only 4 contracts out of 141 were contingent on the buyer closing or selling and closing on their current home. Either the buyers are 1st time buyers or they could purchase without contingencies other than financing.

2021 by the month

Month New Closed Contracts accepted

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 180 454 288

Totals 10403 12329 13189

Not all contracts that get accepted close. That is why there is more accepted than closed. Some of them do not make it past the attorney review and home inspection. They go back on the market and get accepted again.

The closed column is the most important one to look at because that is actual numbers for the Fox Valley area.

Prices will keep increasing as long as the inventory remains so extremely low.

You have to be a patient buyer in this market. You have to keep looking at what comes up and be ready to go look. If you can find something that is close to your needs it might be worth going after.

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.

Request a home valuation if you are thinking about selling anytime soon to find out an estimate of what you home would be worth in today’s market. Tell us about your home and anything that has recently been updated. We will provide you with a net proceeds that gives you idea of what the expenses might be. This will be updated when an offer comes in and we know all the terms.

Are you thinking about buying a home? You need to get all your financial information together and get it to a loan officer so they can get you pre approved. They will give you a letter showing what type of loan and what price works out best for you. When you find a home and want to put in an offer this letter will go with the offer so the seller will know you qualify for their home.

Resources:

You need to contact the loan officer you are working with to see what interest rate they are offering you based on your credit score. They will work with you to bring up your score if that is needed.

Do you need recommendations for loan officer, real estate attorney or home inspector? We can give you a few to contact and you can decide who you want to work with.

Guiding you through the process whether buying or selling is what we do to help make the process easier to get through.

All data used is from our MLS MRED, LLC.

Fox Valley home prices December 11 2021. Have a great week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley home prices November 20 2021

Posted on November 20, 2021 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 20 2021

Fox Valley home prices November 20 2021. New listings of single family homes were up. 153 this week compared to 139 the previous week. There are ups and downs throughout the year, but there is activity every week. Some months are slower, but there is always a need to sell for many different reasons. If you are still waiting for a home to come up that is right for you be patient.

Closed listings of single family homes was also up. 260 this week compared to 206 the previous week. It can be tricky trying to close before and after a holiday. The next couple of weeks some closings might be shuffled around because of scheduling issues.

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

Aurora-New 23 $115,000-$498,900

Closed-41 $88,900-$530,000

Bolingbrook-New 13 $210,000-$490,000

Closed-20 $220,000-$520,000

Montgomery-New 8 $179,900-$350,000

Closed-12 $175,000-$405,000

Naperville-New 20 $349,900-$4,700,000

Closed-42 $262,500-$1,659,205

Oswego-New 6 $120,000-$795,000

Closed-16 $219,000-$510,000

Plainfield-New 21 $249,900-$564,900

Closed-30 $220,000-$715,000

St Charles-New 8 $305,000-$695,000

Closed-21 $140,000-$1,099,000

Yorkville-New 8 $240,000-$450,000

Closed-15 $215,000-$563,950

Financing used, median prices and 2,000 or more square feet

Median list price this week $359,000, last week $340,000

Closed listings had a median price of $367,944, last week $338,749.

Stats November 20 2021 — Stats this week

Conventional financing was the most used this week. 185 at median price of $390,990, last week 140 at median price of $363,500.

Cash deals closed this week with 26 at median price of $377,000, last week 29 at median price of $345,000.

Conventional and Cash November 20 2021 — Conventional and Cash

FHA deals closed this week with 36 at median price of $286,945, last week 31 at median price of $273,000.

VA deals closed this week with 11 at median price of $374,900, last week 5 at median price of $285,000

FHA and VA November 20 2021 — FHA and VA

2,000 or more square feet closed this week with 158 at a median price of $435,000, last week 107 with a median price of $430,000. Minimum closed price this week $255,000, last week $139,000. This give you an idea of prices in the Fox Valley area if you are looking for more square footage.

2000 or more SF November 20 2021 — 2,000 or more square feet

Contracts accepted this week

Accepted contracts this week in the Fox Valley area of single family homes was up. 235 this week compared to 227 the previous week. New listings were way down last week so this is good news. Homes that might of been overlooked received contracts.

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

Aurora-33 Batavia-12

Bolingbrook-22 Geneva-10

Naperville-33 Plainfield-28

St Charles-15 Sycamore-11

West Chicago-10 Yorkville-13

No short sales were accepted by seller’s this week. That does not mean that they are not out there, but most homes have appreciated enough that they do not have to sell short.

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 6 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 hour and 1 with 24 hours.

2021 by the month

Month New Closed Contracts accepted

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

September1083 1411 1251

October 715 973 930

November 475 696 740

Totals 10141 11717 12710

June was the best month for all three. Sales tend to slow down the last 2 months of the year. We are already ahead of January and February with closed homes and we have a little more than a week to go.

New listings have slowed down. Buyers are still out there waiting for more homes to come on the market. Prices have slowed some buyers down, but there are still buyers out there ready to buy even though prices have increased.

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.

Thinking about selling your home? Request a home valuation and give us some information about your home and what has been updated recently. Roof, siding, wiring, plumbing, furnace, Air conditioning, interior paint, remodeled kitchen or baths. Any additions or professional landscaping. Did you get permits? We will provide you with a net proceeds that shows you an estimate of expenses to sell so you will have an idea where you are at. This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying a home you will need to get pre approved with a loan officer. Get all your financial information together and submit them to a loan officer so they can get you pre approved. They will give you a letter showing what type of loan and how much you qualify for. We will submit this with an offer when you find a home so you can show the seller that you do qualify for their home.

Resources:

Check with your loan officer for the current rates that you qualify for with your credit score. They also might offer some assistance so it is always good to have that conversation with them.

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

All data provided is from our MLS MRED, LLC.

Fox Valley home prices November 20 2021. Have a great week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

11 30 19 Market Update Fox Valley

Posted on November 30, 2019November 30, 2019 by Kristine Heiman, Designated Managing Broker

11 30 19 Market Update Fox Valley

11 30 19 Market update Fox Valley. Market was down this week significantly. 100 this week compared 166 the week before. It was a holiday week so we really only had 3 business days so this is to be expected.

Closings this week were also down significantly. 154 this week compared 224 the week before. You can’t judge the market on this holiday week. Even REALTORS® took some time off to travel or prepare for Thanksgiving.

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

Aurora-New 17 $139,900-$340,000

Closed-30 $77,700-$550,000

Bolingbrook-New 6 $213,000-$425,000

Closed-13 $160,000-$350,000

Naperville-New 10 $300,000-$1,075,000

Closed-21 $225,000-$1,200,000

Oswego-New 7 $189,000-$545,000

Closed-11 $197,000-$313,000

Plainfield-New 11 $200,000-$414,900

Closed-21 $160,000-$512,156

St Charles/Campton Hills-

New $254,900-$675,000

Closed-12 $185,000-$900,000

Yorkville-New 11 $217,000-$575,000

Closed-3 $175,000-$249,000

Contracts accepted this week

Contracts accepted this week were also significantly down. 133 this week compared to 177 the week before. Hopefully we will get back to normal this week.

Look at the communities that sellers accepted the most contracts this week:

Aurora-15 Naperville-23

Plainfield-20 St Charles/Campton Hills-19

No short sales were accepted this week from sellers.

Sellers accepted contracts that are contingent on the buyers closing on their current home. 2 with a kick -out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

2019 by the month of activity

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 679 727 656

Total 14,992 10,102 11,790

Some of those new listings are homes that have been relisted. Not all listings that receive contracts close. Some might have an inspection issue that can’t be negotiated to resolve or something might come up on the new title search that can’t be easily resolved. You need a good REALTOR® and real estate attorney that can help get through some of these issues.

Contact us

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

Resources to check out:

Some lenders also help out with costs. You need to decide what helps out the most.

11 30 19 Market update Fox Valley. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 x101

besthomesfv@gmail.com

Sign up free for another great way to search for a home. Click on the satellite view. It is like hovering over the homes so you can see if there is a nice yard, corner lot or fenced in back yard. It also has a chat feature. If you need help navigating let me know.

Fox Valley Market Update June 15 2019

Posted on June 15, 2019June 15, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 15 2019

Fox Valley market update June 15 2019. New listings of single family homes were up this week. 433 new this week compared to 401 the week before. This should make buyer’s happy if they are in the price ranges that they are looking in.

2019 new listings of single family homes by the month:

January-878
February-1.032
March-1,731
April-1,594
May-2,004
June so far-834

Closing this week were slightly down. 294 this week compared to 326 the week before. These numbers will increase as we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

January-407
February-465
March-915
April-790
May-1,391
June so far-620

So far May is the biggest month for new listings and closings.

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

Aurora-New 44 $109,900-$529,900 Closed-34 $106,000-$385,000

Batavia-New 17 $99,900-$559,870 Closed-12 $265,968-$482,500

Bolingbrook-New 37 $144,900-$749,000 Closed-16 $194,900-$385,000

Geneva-New 24 $227,500-$929,999 Closed-17 $229,000-$485,000

Naperville-New 76 $290,000-$1,279,000 Closed-54 $252,000-$1,340,476

Oswego-New 24 $229,900-$375,000 Closed-20 $212,000-$395,000

Plainfield-New 59 $169,900-$975,000 Closed-32 $178,000-$765,000

Plano-New 10 $149,900-$289,900 Closed-3 $186,000-$265,000

St Charles/Campton Hills-New 39 $149,900-$1,299,000 Closed-25 $145,000-$833,920

Sycamore-New 10 $235,000-$409,000 Closed-10 $140,000-$306,000

West Chicago-New 12 $176,000-$500,000 Closed-12 $145,000-$642,500

Yorkville-New 22 $184,700-$564,900 Closed-11 $211,000-$363,500

Contracts accepted this week

Contracts of single family homes were slightly down this week. 317 this week compared to 336 the week before. That is not too far off. So many people are busy with the end of school and graduations. Some even out of town.

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

Aurora-46 Bolingbrook-22 Geneva-15

Naperville-48 North Aurora-10 Oswego-18

Plainfield-43 St Charles/Campton Hills-26 Yorkville-18

Contracts accepted by the month for 2019:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-653

This gives you an idea of the closings to come and which months buyer’s found a home an acted on it. So far May has been the best month to list a home, close on a home and get a contract accepted on a home.

Short sales accepted this week were still low. 2 accepted this week by seller’s compared to 1 the week before. This week there was 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept as written.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 10 with a kick-out clause of 72 hours, 16 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer’s selling and closing on their current home. 4 with a 72 hour kick-out clause, 4 with 48 hours and 3 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555. Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best.

Check out these resources:

Fox Valley market update June 15 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

You might also like trying out this way to search for a home. If you click on satellite view you an see from above the home to see how it is situated on the property. If it is a corner lot or what else is for sale in the area. Try it out and let me know what you think!

Fox Valley Market Update June 8 2019

Posted on June 8, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 8 2019

Fox Valley market update June 8 2019. New listings of single family homes were up this week! 401 this week compared to 359 the week before. Good news for buyer’s that are out there trying to find a home.

2019 new listings of single family homes month by month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June so far-401

Closed single family homes were also up. 326 this week compared to 296 the week before. That is surprising for the beginning of the month. Most buyer’s want to close at the end of the month.

Closed single family homes 2019 month by month:

January-407
February-465
March-915
April-790
May-1,391
June so far-326

So far May is the busiest month for both new listings and closed single family homes.

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

Aurora-New 43 $89,900-$539,900 Closed-44 $115,000-$706,000

Batavia-New 14 $269,250-$799,900 Closed-12 $228,000-$464,000

Bolingbrook-New 24 $159,999-$575,000 Closed-28 $149,000-$400,000

Geneva-New 26 $225,000-$1,599,000 Closed-13 $250,000-$598,500

Montgomery-New 14 $135,076-$325,000 Closed-10 $210,000-$300,000

Naperville-New 72 $259,900-$2,550,000 Closed-62 $255,000-$1,262,000

North Aurora-New 12 $245,000-$499,900 Closed-5 $205,000-$342,700

Oswego-New 18 $209,000-$659,000 Closed-22 $135,000-$492,500

Plainfield-New 39 $174,900-$599,900 Closed-44 $169,900-$517,000

St Charles/Campton Hills-New 36 $149,900-$775,000 Closed-19 $167,000-$995,000

West Chicago-New 16 $150,000-$1,200,000 Closed-6 $141,000-$570,000

Yorkville-New 13 $229,900-$425,000 Closed-18 $215,000-$515,000

Contracts accepted this week

Contracts on single family homes were up this week. 336 this week compared to 285 the week before. This next week should be good as well with all the new listings.

Contracts accepted 2019 month by month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-336

These numbers, even though we do not know if they will all close, give you an idea of closings to come. It shows you which months are more active with buyer’s out there ready to buy.

Communities this week that seller’s accepted the most contracts:

Aurora-44 Batavia-11 Bolingbrook-28 Geneva-10

Montgomery-17 Naperville-61 Oswego-14 Plainfield-44

St Charles/Campton Hills-26 West Chicago-11 Yorkville-10

There was only 1 short sales accepted by a seller this week and it was in Plainfield. Last week there were 2. We are happy to see these numbers remain low.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 7 with 48 hours and 4 with 24 hours.

Contact us

We are keeping and eye on the market. Call us with any questions you have at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

Resources to check out:

We want to explain the process to you so you feel comfortable with your decisions. We guide you through the process.

Fox Valley market update June 8 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

Check out another way to search for a home. You can click on the satellite view and see if the home you want to see is on a corner lot, has a fenced in back yard or what else if for sale near by.

Fox Valley Market Update June 1 2019

Posted on June 1, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 1 2019

Fox Valley market update June 1 2019. New listings of single family homes were down this week. 359 this week compared to 402 the week before. Holidays do have an impact. It was a shorter week with Memorial Day on Monday this last week. Most schools are now out so things will get back to normal.

2019 new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004

Closings this week of single family homes were up this week. 296 this week compared to 236 the week before. End of the month is when most buyer’s want to close.

Closings of single family homes in 2019 by the month:

January-407
February-465
March-915
April-790
May-1,095

May has turned out to be the best month so far for new listings and the amount of closings in the Fox Valley. We are looking forward to starting a new month!

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

Aurora-New 38 $130,000-$925,900 Closed-38 $78,000-$420,000

Batavia-New 18 $215,000-$599,000 Closed-8 $249,900-$630,000

Bolingbrook-New 25 $175,000-$529,000 Closed-16 $161,000-$586,000

Geneva-New 14 $299,000-$949,900 Closed-10 $181,000-$2,100,000

Montgomery-New 14 $179,900-$325,000 Closed-20 $141,000-$303,000

Naperville-New 77 $310,000-$999,000 Closed-50 $241,000-$2,374,029

Oswego-New 15 $192,000-$944,000 Closed-15 $100,000-$940,001

Plainfield-New 40 $194,999-$620,000 Closed-30 $148,000-$425,000

St Charles/Campton Hills-New 32 $185,000-$1,095,000 Closed-23 $180,000-$774,000

West Chicago-New 11 $209,900-$699,900 Closed-10 $179,900-$420,000

Yorkville-New 13 $223,000-$549,900 Closed-12 $156,000-$485,000

Contracts accepted this week

Contracts accepted of single family homes this week were down. 285 this week compared to 333 the week before. Now that the holiday is over things should get back to normal.

2019 contracts accepted of single family homes by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665

The end of June and into July should have a good number of closings. May is the best month so far for activity in the Fox Valley.

Take a look at the communities that seller’s accepted the most contracts:

Aurora-39 Bolingbrook-23 Montgomery-15 Naperville-50

Oswego-23 Plainfield-37 St Charles/Campton Hills-25

Accepted contracts on short sales of single family homes was also down. 2 this week compared to 4 the week before. There was 1 each in Montgomery and Naperville.

Contracts were accepted on homes that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 19 with 48 hours and 5 with 24 hours.

Seller’s also accepted contracts on homes that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104 , Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best.

Now that school is out it is a great time to get your home on the market. Hopefully we are coming to the end of all the rain we have been having so you can get your yard and flower beds in shape to welcome buyers.

Resources to check out:

Fox Valley market update June 1 2019. Have a great week! Let us know what questions you have.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Try a different way of searching. Click on the satellite view so you can see if the home has a yard, is on a corner lot or any other homes for sale there and how much.

Fox Valley Market Update May 4 2019

Posted on May 4, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019. New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before. We love a consistent market! If you can’t find a home in the community you are currently looking in with the price range you need. Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-403

Closed listings this week were way up. 301 this week compared to 208 the week before. Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days. Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

January-407
February-465
March-915
April-790
May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900 Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000 Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000 Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900 Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900 Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000 Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900 Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900 Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000 Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800 Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000 Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000 Closed-12 $187,000-$392,000

Contracts accepted this week

Contracts accepted by Sellers was up slightly this week. 338 this week compared to 311 the week before. We have had nothing but rain. It has not kept the Buyers away though. They know that they better look now or they will miss out on a property. You can’t sit back and wait for a better time.

Look at the communities that Sellers accepted the most contracts this week:

Aurora-45 Bolingbrook-20 Geneva-12 Montgomery-10

Naperville-58 North Aurora-14 Oswego-20 Plainfield-46

St Charles/Campton Hills-17 Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

January-608
February-832
March-1,375
April-1,307
May so far-338

So far this year March has been the best month over all. May is looking like the month to pass up March. We are off to a great start this month. Don’t sit back and wait. It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before. 3 both weeks. Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing. 3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

Contact us to update the market value on your home. We will provide you with a net proceeds that gives you and estimate of expenses to sell. We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might want to try this tool and see if you like it better for your search. You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood.

Market Update Fox Valley-March 23 2019

Posted on March 23, 2019March 23, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 23 2019

Market update Fox Valley-March 23 2019. New listings of homes this week were consistent with last week. 359 this week compared to 350 last week.

New listings so far this year:

January-878
February-1,032
March so far 1,380

We still have 8 days left of the month. You can see how things are progressing. Spring is here and the weather is starting to improve. If you want to sell this year now is the time to do it.

Closed listings of homes this week were slightly up. 175 this week compared to 166 last week. These numbers will increase next week because it is the last full week of the month. That is when most Buyers want to close.

Closing so far this year:

January-407
February-465
March so far-715

The numbers for March might double February totals.

Take a look at the activity this week:

Aurora-New 40 $100,000-$498,000 Closed-25 $125,000-$572,000

Batavia-New 13 $172,500-$585,000 Closed-3 $112,000-$455,000

Bolingbrook-New 24 $225,000-$475,000 Closed-17 $152,500-$442,000

Elburn-New 10 $267,900-$995,000 Closed-3 $282,000-$450,000

Geneva-New 14 $294,900-$975,000 Closed-11 $190,000-$1,000,000

Montgomery-New 17 $145,000-$314,900 Closed-10 $129,000-$269,900

Naperville-New 80 $250,000-$1,590,000 Closed-23 $270,000-$1,450,000

Oswego-New 18 $180,000-$539,000 Closed-7 $258,000-$473,404

Plainfield-New 38 $179,900-$699,990 Closed-26 $165,000-$890,000

St Charles/Campton Hills-New 34 $174,900-$1,995,000 Closed-9 $200,000-$441,000

West Chicago-New 11 $188,000-$479,900 Closed-5 $155,000-$331,000

Yorkville-New 14 $224,900-$1,049,900 Closed-9 $200,000-$455,000

Contracts Accepted this Week

Contracts accepted this week were up. 304 this week compared to 283 last week. These numbers will continue to go up if the inventory of homes continues to go up.

Take a look at the numbers so far this year:

January-608
February-832
March so far-1,078

The numbers are steadily rising.

Take a look at the communities Sellers accepted the most contracts this week:

Aurora-50 Bolingbrook-25 Geneva-10 Naperville-52 Oswego-19

Plainfield-44 St Charles/Campton Hills-20 West Chicago-13 Yorkville-13

Short Sales this week were half of what they were the week before. 4 this week compared to 9 the week before. There were 2 in Aurora and 1 each in Plainfield and Sandwich.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 6 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

Contact us

Let us update the value of your home in the current market and provide you with an estimate of net proceeds that shows you the expenses to sell. We will update this when an offer comes in and we know all the terms.

If you are thinking about purchasing a home your first step is to call a loan officer to get pre-qualified. If you need recommendations we can provide you with some.

Resources to check out:

Market update Fox Valley-March 23 2019. Have a great week! Let us know what questions we can answer for you.

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A different way to search for a home. Check it out here

Market Update Fox Valley-March 9 2019

Posted on March 9, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 9 2019

Market update Fox Valley-March 9 2019. Spring market is here and pretty consistent so far. 327 new listings of homes this week compared to 344 last week.

January total new listings of homes-878
February-1,032
March so far 671

We are only 9 days into March and look at it compared to January. We are on our way at passing up the totals for February as well.

Closed homes this week were down but that is to be expected with the beginning of the month. 131 this week compared to 243 last week.

January closed homes-407
February-465
March so far 374

The numbers should increase as the month continues. You do not want to miss this market if you are wanting to sell this year. It is time to get your home on the market.

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

Aurora-New 32 $132,000-$585,000 Closed-25 $80,000-$385,000

Batavia-New 13 $210,000-$875,000 Closed-4 $219,000-$475,000

Bolingbrook-New 22 $134,900-$539,000 Closed-9 $155,000-$325,000

Geneva-New 13 $239,000-$819,900 Closed-7 $255,000-$363,500

Naperville-New $84 $289,900-$1,569,000 Closed-21 $295,500-$955,000

Oswego-New 22 $172,500-$1,000,000 Closed-6 $212,000-$725,000

Plainfield-New 36 $159,900-$695,000 Closed-13 $154,100-$540,000

St Charles/Campton Hills-New 28 $100,000-$3,895,000 Closed-7 $275,000-$1,000,000

Contracts Accepted this Week

Contracts accepted this week were higher than last week. 267 this week compared to 224 last week. Increased inventory really helped with these numbers this week.

January contracts accepted 608
February 832
March so far 491

We are definitely passing up January numbers and are already passed the halfway mark with February numbers. March should be a fantastic month if new homes continue to come on the market. Inventory of homes to show buyers has been an issue for the last couple of years.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-44 Bolingbrook-24 Montgomery-13 Naperville-54

Oswego-13 Plainfield-25 St Charles/Campton Hills-18

Short sale contracts accepted this week by Sellers increased this week. 8 this week compared to 2 last week. 1 each in Aurora, Bolingbrook, North Aurora, Plano, St Charles/Campton Hills and Sugar Grove. 2 in Montgomery.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 5 with a kick-out clause of 72 hours, 7 with 48 hours and 3 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Our goal is to negotiate price and terms that are best whether you are buying or selling a home. Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101

Are you thinking about selling? We will update the value of your home for today’s market. We will provide you with a net proceeds that shows you an estimate of the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home? Your first step is to call a loan officer to get pre-qualified so you know the type of loan and the price range that will work out best. They will provide you with a letter showing what you are pre-qualified for and that will go with an offer when you find the right home.

Resources to check out:

loans and the process
VA loans and the requirements
current interest rates
down payment assistance
Illinois home assistance and some communities
school ratings (important even if you will not have kids in school)

Market update Fox Valley-March 9 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

New tool to search you can see a birds eye view of the home and neighborhood so you can see where it is within the block.