Fox Valley home prices December 17th

Posted on December 17, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 17th

Fox Valley home prices December 17th. Things have really slowed down the closer we get to the holidays.

We will let you know how many new listings, closed listings, contracts accepted, 2022 by the month, median prices, and financing used to close.

New listings this week were slow but consistent. 86 this week compared to 82 the previous week.

Closed listings were consistent also. 129 this week compared to 132 the previous week.

Aurora-New 17 $199,999-$1,300,000

Closed-20 $134,500-$716,125

Naperville-New 9 $425,000-$1,155,000

Closed-17 $400,000-$1,625,000

Plainfield-New 17 $284,900-$725,003

Closed-21 $231,500-$682,800

St Charles-New 5 $495,000-$975,000

Closed-11 $250,000-$813,655

Other communities had activity this week. Look at the photo above to see. We just highlight the ones with the most activity.

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

Median list price this week $385,000, last week $404,450.

Closed median price this week $357,000, last week $385,500.

Stats 121722 — Stats for week ending December 17th

Conventional financing was used to close on 91 homes this week ate median price $365,000 with 38 days average market time, last week 86 homes at median price $404,500 with 37 days average market time.

Conv 121722 — Conventional financing used to close for week ending December 17th

Cash was used to close on 21 homes this week at median price $385,000 with 45 days average market time, last week 25 homes at median price $451,900 with 30 days average market time.

Cash 121722 — Cash used to close for week ending December 17th

FHA financing was used to close on 10 homes at median price $326,250 with 41 days average market time, last week 15 homes at median price $287,900 with 39 days average market time.

FHA 121722 — FHA financing used to close for week ending December 17th

VA financing was used to close on 3 homes at median price $360,000 with 51 days average market time, last week 5 homes at median price $330,000 with 42 days average market time.

VA 121722 — VA financing used to close for week ending December 17th

2,000 SF or more closed on 75 homes at median price $450,000 with 45 days average market time, last week 81 homes at median price $475,000 with 37 days average market time. Minimum price this week $50,000, last week $249,900.

2000 SF or more 121722 — 2,000 SF or more closed for week ending December 17th

Conventional financing is still the most used financing to close.

Contracts accepted this week

Contracts accepted this week were consistent. 89 this week compared to 94 the previous week.

Aurora-16 Naperville-16

Look at the photo above for the other communities seller’s accepted contracts.

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. 3 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. 2 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $379,900 with 56 days average market time, last week $355,745 with 114 days average market time.

Contingent Stats 121722 — Contract accepted stats for week ending December 17th

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

November 574 764 624

December 168 261 183

Totals 9388 9620 9732

Couple more weeks left for 2022. New Years Eve we will show you 2021 and 2020 so you can compare the 3 years.

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

Resources

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

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

If there is other information that you are looking for and can’t find it, let us know, and we will point you in the right direction.

We invite you to connect with us onFacebook. If you click on the “shop now” button you can also search for homes there anytime you like.

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

Contact us

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

Fox Valley home prices December 17th. Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices December 10th

Posted on December 10, 2022December 11, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 10th

Fox Valley home prices December 10th. Weather has been great so far for December. Forecaster’s are saying we should be in the 40’s all week.

We will update you on what happened this last week on new listings, closed listings, contracts accepted, median prices, financing used, and 2022 by the month. Provide you with some resources to checkout.

New listing this week are down. 82 this week compared to 105 the previous week.

Closed listings are also down. 132 this week compared to 177 the previous week.

Aurora-New 13 $149,900-$722,731

Closed-14 $185,000-$626,002

Bolingbrook-New 5 $235,000-$399,000

Closed-16 $208,500-$836,659

Naperville-New 15 $409,000-$1,650,000

Closed-14 $432,000-$788,536

Plainfield-New 7 $350,000-$859,900

Closed-17 $222,000-$844,500

St Charles-New 4 $574,800-$1,275,000

Closed-11 $200,000-$1,125,000

Yorkville-New 3 $320,000-$354,990

Closed-11 $275,000-$800,000

Take a look at the picture above to see the other communities that had activity this week.

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

Median list price this week $404,450, last week $392,495.

Closed median price this week $385,500, last week $380,000.

Stats 121022 — Stats for week ending December 10th

Conventional financing was used to close on 86 homes this week at median price $404,500 with 37 days average market time, last week 122 homes at median price $407,500 with 45 days average market time.

Conv 121022 — Conventional financing used to close for week ending December 10th

Cash was used to close on 25 homes this week at median price $451,900 with 30 days average market time, last week 22 homes with median price $352,250 with 34 days average market time.

Cash 121022 — Cash used to close for week ending December 10th

FHA financing was used to close on 15 homes this week at median price $287,900 with 39 days average market time, last week 27 homes at median price $310,556 with 41 days average market time.

FHA 121022 — FHA financing used to close for week ending December 10th

VA financing was used to close on 5 homes at median price $330,000 with 42 days average market time, last week also 5 homes at median price $438,000 with 23 days average market time.

VA 121022 — VA financing used to close for week ending December 10th

2,000 square feet or more closed on 81 homes at median price $475,000 with 37 days average market time, last week 103 homes at median price $471,845 with 49 days average market time. Minimum price this week $249,900, last week $240,000.

2000 SF or more 121022 — 2,000 SF or more homes closed for week ending December 10th