Fox Valley home prices August 31st

Posted on August 31, 2024August 31, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 31st

Fox Valley home prices August 31st. It looks like mid 70’s to mid 80’s this week with lots of sunshine.

New listings are down slightly. 195 this week compared to 229 the previous week.

Closed listings are slightly up. 239 this week compared to 193 the previous week.

Aurora-New 19 $150,000-$650,000

Closed-33 $207,000-$761,377

Batavia-New 4 $275,000-$700,000

Closed-10 $250,000-$1,450,000

Bolingbrook-New 10 $189,900-$559,900

Closed-13 $280,080-$654,000

Elgin-New 18 $199,000-$799,900

Closed-25 $205,617-$1,097,150

Naperville-New 27 $459,900-$2,299,900

Closed-26 $425,000-$1,025,000

Oswego-New 7 $320,000-$689,500

Closed-13 $315,000-$1,060,000

Plainfield-New 36 $315,000-$750,000

Closed-30 $300,000-$660,000

South Elgin-New 6 $249,000-$647,000

Closed-12 $300,000-$850,000

St Charles-New 9 $287,500-$1,050,000

Closed-15 $270,000-$1,525,000

Yorkville-New 14 $364,990-$585,000

Closed-9 $380,000-$779,900

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

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

Median list price this week $459,570, last week $449,900.

Closed median price this week $462,500, last week $450,000.

Stats 083124 — Stats for week ending August 31st

Conventional financing was used to close on 173 homes this week at median price $475,000 with 27 days average market time, last week 135 homes at median price $460,500 with 19 days average market time.

Conv 083124 — Conventional financing used to close for week ending August 31st

Cash was used to close on 42 homes this week at median price $447,950 with 26 days average market time, last week 26 homes at median price $512,500 with 34 days average market time.

Cash 083124 — Cash used to close for week ending August 31st

FHA financing was used to close on 13 homes this week at median price $320,000 with 47 days average market time, last week 19 homes at median price $360,900 with 18 days average market time.

FHA 083124 — FHA financing used to close for week ending August 31st

VA financing was used to close on 9 homes this week at median price $445,000 with 17 days average market time, last week 9 homes at median price $449,000 with 30 days average market time.

VA 083124 — VA financing used to close for week ending August 31st

2,000 SF or more closed on 141 homes this week at median price $535,550 with 30 days average market time, last week 121 homes at median price $525,000 with 22 days average market time. Minimum price this week $207,000, last week $520( this is a mistake that needs to be corrected).

2000 SF or more 083124 — 2,000 SF or more for week ending August 31st

Conventional financing continues to be the most used way to close on a home in the Fox Valley area of Illinois. 42 homes closing with cash is unbelievable.

Under contract this week

Homes that went under contract this week are slightly down. 164 this week compared to 178 the previous week.

Aurora-21 Bolingbrook-11

Elgin-20 Naperville-19

Plainfield-20 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. 1 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $419,450 with 37 days average market time, last week $437,000 with 31 days average market time.

Under contract stats 083124 — Under contract stats for week ending August 31st

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

July 1173 1050 1094

August 883 858 725

Totals 6829 6055 6695

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

July 765 745 805

August 869 988 915

Totals 5777 5422 6202

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

Totals 7217 7250 7581

It is a better year than last year, but not as good as 2022.

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 2023 and 2022.

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 alsorequest a home valuation,sign-up for email alerts, and search for a home anytime.

August 17th the rules changed. Contact me and I will explain the changes to you until you understand them.

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

Fox Valley home prices August 31st. Have an awesome week! Enjoy Labor Day weekend.

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 August 24th

Posted on August 24, 2024August 24, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 24th

Fox Valley home prices August 24th. Hot week ahead. Low to mid 90’s until Tuesday and then low to upper 80’s.

A couple of mistakes were made when someone was uploading information on 2 sold homes this week so it messes up the stats. We will just have to go with it though. Nothing we can do.

New listings this week are up. 229 this week compared to 199 the previous week.

Aurora-New 28 $185,000-$975,000

Closed-21 $537(this is the first mistake. It was listed for $524,500.)-$950,000

Bolingbrook-New 15 $329,900-$619,000

Closed-15 $245,000-$632,000

Elgin-New 23 $211,900-$699,900

Closed-18 $120,000-$3,150,000

Montgomery-New 6 $325,000-$445,000

Closed-11 $250,000-$449,000

Naperville-New 40 $350,000-$9,850,000

Closed-35 $395,000-$1,550,000

Oswego-New 10 $350,000-$1,799,000

Closed-11 $520(this is the 2nd mistake. It was listed for $520,000)-$560,000

Plainfield-New 28 $339,000-$728,392

Closed-20 $270,000-$625,000

St Charles-New 15 $390,000-$685,000

Closed-10 $315,000-$835,000

West Chicago-New 5 $300,000-$460,000

Closed-12 $235,000-$630,000

Yorkville-New 11 $365,000-$825,000

Closed-6 $355,000-$535,000

These are the communities with the most activity this week. Look at photo above for other communities that also had activity and their price ranges.

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

Median list price this week $449,900, last week $463,750.

Closed median price this week $450,000, last week $460,000

Stats 082424 — Stats for week ending August 24th

Conventional financing was used to close on 135 homes this week at median price $460,000 with 19 days average market time, last week 176 homes at median price $455,000 with 22 days average market time.

Conv 082424 — Conventional financing was used to close for week ending August 24th

Cash was used to close on 26 homes this week at median price $512,500 with 34 days average market time, last week 31 homes at median price $534,000 with 26 days average market time.

Cash 082424 — Cash used to close for week ending August 24th

FHA financing was used to close on 19 homes this week at median price $360,900 with 18 days average market time, last week 12 homes at median price $323,000 with 19 days average market time.

FHA 082424 — FHA financing used to close for week ending August 24th

VA financing was used to close on 9 homes this week at median price $449,000 with 30 days average market time, last week 10 homes at median price $374,500 with 113 days average market time.

VA 082424 — VA financing used to close for week ending August 24th

2,000 SF or more closed on 121 homes at median price $525,000 with 22 days average market time, last week 147 homes at median price $545,000 with 30 days average market time. Minimum price this week is off because of error of someone uploading information this week. It says $520. Last week the minimum price was $314,000.

2000 SF or more 082424 — 2000 SF or more closed for week ending August 24th

Majority of homes closed this week used conventional financing.

Under contract this week

Homes that went under contract this week are consistent. 178 this week compared to 183 the previous week.

Aurora-30 Elgin-15

Naperville-24 Plainfield-21

St Charles-15

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 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 a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

Under contract median price this week $437,000 with 31 days average market time, last week $419,896 with 29 days average market time.

Under contract stats 082424 — Under contract stats for week ending August 24th

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 688 619 561

Totals 6634 5816 6531

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.

Contact us

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

August 17th new rules went into effect. Now before you can see any homes you must sign a buyers broker agreement. We also have a new listing agreement. Choices have to be made. We will discuss these until you understand the new rules.

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

You can alsorequest a home valuation, sign-up for email alerts, and search for a home anytime on my website. Let me know if you have any questions.

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

Fox Valley home prices August 24th. 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 August 17th

Posted on August 17, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 17th

Fox Valley home prices August 17th. It looks like a couple of days of possible rain with temperatures in the 70’s and lower 80’s.

Today starts the new rules. We can no longer offer cooperating commission on the MLS. This will need to be determined off of the MLS and buyers need to sign buyer agreements before touring a home.

New listings are down. 199 new listings this week compared to 260 the previous week.

Closed listings are up. 220 closed listings this week compared to 197 the previous week.

Aurora-New 28 $208,000-$624,900

Closed-28 $125,000-$801,908

Batavia-New 3 $360,000-$669,900

Closed-10 $280,000-$710,000

Bolingbrook-New 11 $299,900-$652,000

Closed-11 $244,900-$576,000

Elgin-New 22 $229,000-$620,000

Closed-23 $245,000-$745,000

Naperville-New 37 $363,000-$2,490,000

Closed-31 $440,000-$1,375,000

Oswego-New 11 $310,000-$549,900

Closed-14 $327,000-$669,230

Plainfield-New 19 $287,000-$1,400,000

Closed-25 $344,999-$930,000

St Charles-New 15 $349,900-$1,250,000

Closed-10 $305,000-$672,000

Check out the other communities that had activity this week in the photo above. We are highlighting the ones that had the most activity.

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

Median list price this week $463,750, last week $475,000.

Closed median price this week $460,000, last week $476,000.

Stats 081724 — Stats for week ending August 17th

Conventional financing was used to close on 176 homes this week at median price $455,000 with 22 days average market time, last week 140 homes at median price $487,950 with 23 days average market time.

Conv 081724 — Conventional financing used to close for week ending August 17th

Cash was used to close on 31 homes this week at median price $534,000 with 26 days average market time, last week 32 homes at median price $439,750 with 17 days average market time.

Cash 081724 — Cash was used to close for week ending August 17th

FHA financing was used to close on 12 homes this week at median price $323,000 with 19 days average market time, last week 15 homes at median price $425,000 with 40 days average market time.

FHA 081724 — FHA financing used to close for week ending August 17th

VA financing was used to close on 10 homes at median price 537,500 with 113 days average market time, last week 10 homes at median price $387,500 with 19 days average market time.

VA 081724 — VA financing was used to close for week ending August 17th

2,000 SF or more closed on 147 homes at median price $545,000 with 30 days average market time, last week 122 homes at median price $522,500 with 28 days average market time. Minimum price this week $314,000, last week $251,000.

2000 SF or more 081724 — 2,000 SF or more closed for week ending August 17th

Conventional financing plus cash make up most of the homes closed this week. Only 12 used FHA and 10 VA.

Under contract this week

Homes that went under contract this week are down slightly. 183 this week compared to 200 the previous week.

Aurora-26 Batavia-10

Bolingbrook-17 Elgin-17

Naperville-22 Oswego-10

Plainfield-17

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

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

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

Median price of homes that went under contract this week $419,896 with 29 days average market time, last week $419,950 with 29 days average market time.

Under contract stats 081724 — Under contract stats for week ending August 17th

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 459 426 383

Totals 6405 5623 6353

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

At the end of each month we will take a look back at 2023 and 2022.

Contact us

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

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

Also on my website you canrequest a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices August 17th. 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 August 10th

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

Fox Valley home prices August 10th

Fox Valley home prices August 10th. Mid 70’s to low 80’s for the next week. Perfect summer weather!

New listings this week are up. 260 this week compared to to 238 the previous week.

Closed listings are down. 197 this week compared to 296 the previous week.

Aurora-New 31 $209,900-$728,900

Closed-16 $170,000-$780,661

Bolingbrook-New 22 $299,999-$750,000

Closed-8 $300,000-$685,000

Elgin-New 25 $200,000-$769,000

Closed-21 $200,000-$750,000

Naperville-New 39 $379,900-$1,525,000

Closed-34 $332,000-$1,825,000

Oswego-New 12 $295,000-$579,900

Closed-15 $325,000-$775,000

Plainfield-New 35 $300,000-$1,085,000

Closed-31 $240,000-$670,000

St Charles-New 18 $289,000-$1,389,400

Closed-13 $175.000-$1,050,000

These are the communities with the most activity this week. You might want to look at other communities in photo above and find a community with price ranges that you are looking for.

If you are looking for lower taxes you might want to go out a little farther. Lower taxes means less services usually so if that does not matter then you might want to make your search area bigger.

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

Median list price this week $475,000, last week $452,500.

Closed median price this week $476,000, last week $459,900

Stats 081024 — Stats for week ending August 10th

Conventional financing was used to close on 140 homes this week at median price $487,950 with 23 days average market time, last week 223 homes at median price $490,000 with 23 days average market time.

Conv 081024 — Conventional financing used to close for week ending August 10th

Cash was used to close on 32 homes this week at median price $439,750 with 17 days average market time, last week 46 homes at median price $422,500 with 20 days average market time.

Cash 081024 — Cash used to close for week ending August 10th

FHA financing was used to close on 15 homes this week at median price $425,000 with 40 days average market time, last week 21 homes at median price $379,990 with 38 days average market time.

FHA 081024 — FHA financing used to close for week ending August 10th

VA financing was used to close on 10 homes this week at median price $387,500 with 19 days average market time, last week 5 homes at median price $480,990 with 13 days average market time.

VA 081024 — VA financing used to close for week ending August 10th

2,000 SF or more closed on 122 homes at median price $552,500 with 28 days average market time, last week 181 homes at median price $550,000 with 28 days average market time. Minimum price this week $251,000, last week $280,000.

2000 SF or more 081024 — 2,000 SF or more closed for week ending August 10th

Only 7.6% of people used FHA financing this week. You might be able to afford more using FHA but if you can’t get your offer accepted it does not help.

Under contract this week

Homes that went under contract this week are down. 200 this week compared to 244 the previous week.

Aurora-33 Bolingbrook-17

Elgin-21 Naperville-26

Oswego-11 Plainfield-22

2 short sales were accepted by seller’s this week. 1 each in Montgomery and Warrenville. Now they 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. 2 with a kick-out clause of 48 hours and 4 with 24 hours.

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

Under contract median price this week $419,950 with 29 days average market time, last week $419,900 with 42 days average market time.

Under contract stats 081024 — Under contract stats for week ending August 10th

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 260 197 200

Totals 6206 5394 6170

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 2023 and 2022.

Contact us

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

Here is some great information for you. Please click on everything that is bold and underlined to take you to the site for the information.

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

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

Fox Valley home prices August 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 August 3rd

Posted on August 3, 2024August 3, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 3rd

Fox Valley home prices August 3rd. Today and the next couple of days will be hot and in the 90’s. After that we will be in the 70’s. Relief is on it’s way!

New listings are consistent. 238 this week compared to 231 the previous week.

Closed listings are up. 296 this week compared to 204 the previous week.

Aurora-New 30 $200,000-$850,000

Closed-35 $202,500-$778,100

Batavia-New 10 $220,000-$829,000

Closed-14 $300,000-$1,425,000

Bolingbrook-New 16 $225,000-$575,000

Closed-18 $193,000-$610,000

Elburn-New 3 $419,900-$537,880

Closed-11 $375,000-$3,025,000

Elgin-New 27 $75,000-$742,480

Closed-26 $125,000-$740,000

Naperville-New 35 $429,900-$2,170,000

Closed-55 $340,000-$1,590,000

Plainfield-New 28 $300,000-$875,000

Closed-34 $285,000-$710,000

St Charles-New 14 $235,000-$1,500,000

Closed-19 $183,000-$3,075,000

Yorkville-New 10 $399,900-$850,000

Closed-8 $209,000-$680,526

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

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

Median list price this week $452,500, last week $459,000.

Closed median price this week $459,900, last week $468,500.

Stats 080324 — Stats for week ending August 3rd

Conventional financing was used to close on 223 homes this week at median price $490,000 with 23 days average market time, last week 163 homes at median price $485,000 with 30 days average market time.

Conv 080324 — Conventional financing used to close for week ending August 3rd

Cash was used to close on 46 homes at median price $422,500 with 20 days average market time, last week 21 homes at median price $393,000 with 32 days average market time.

Cash 080324 — Cash used to close for week ending August 3rd

FHA financing was used to close on 21 homes at median price $379,990 with 38 days average market time, last week 9 homes at median price $401,990 with 21 days average market time.

FHA 080324 — FHA financing used to close for week ending August 3rd

VA financing was used to close on 5 homes this week at median price $480,990 with 13 days average market time, last week 7 homes at median price $572,990 with 46 days average market time.

VA 080324 — VA financing used to close for week ending August 3rd

2,000 SF or more closed on 181 homes this week at median price $550,000 with 28 days average market time, last week 130 homes at median price $571,495 with 37 days average market time. Minimum price this week $280,000, last week $287,000.

2000 SF or more 080324 — 2,000 SF or more closed for week ending August 3rd

75% of homes closed this week used conventional financing. Only 7% used FHA financing. What type of financing you choose matters.

Under contract this week

Homes that went under contract this week are up. 244 this week compared to 202 the previous week.

Aurora-33 Bolingbrook-17

Elgin-23 Naperville-35

Oswego-11 Plainfield-25

St Charles-17

1 short sale was accepted this week by a seller. It was in Lake Holiday. 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 homes. 3 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 a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

Under contract median price this week $419,900 with 42 days average market time, last week $449,900 with 26 days average market time.

Under contract stats 080324 — Under contract stats for week ending August 3rd

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

July 1173 1050 1094

Totals 5946 5197 5970

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 906

July 765 745 805

Totals 4908 4434 5267

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

Totals 6198 6116 6519

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.

Here is some great information for you to check out. Click on everything that is bold and underlined to take you to the site for the information.

On my website you canrequest home valuation, sign-up for email alerts, search for a home anytime.

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

Fox Valley home prices August 3rd. 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 July 27th

Posted on July 27, 2024July 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 27th

Fox Valley home prices July 27th. Typical summer week ahead with temperatures in the 80’s.

New listings this week are consistent. 231 this week compared to 240 the previous week.

Closed listings are up slightly. 204 this week compared to 181 the previous week.

Aurora-New 33 $185,000-$799,000

Closed-23 $155,000-$855,000

Bolingbrook-New 10 $265,000-$499,900

Closed-12 $287,000-$960,919

Elgin-New 24 $215,000-$999,900

Closed-24 $136,000-$650,000

Naperville-New 33 $399,000-$3,799,000

Closed-32 $425,000-$1,300,000

Oswego-New 11 $340,000-$733,840

Closed-8 $425,000-$690,000

Plainfield-New 25 $275,000-$685,000

Closed-20 $338,000-$675,000

St Charles-New 13 $214,703-$695,000

Closed-14 $242,692-$1,045,000

Yorkville-New 12 $344,900-$789,900

Closed-5 $161,000-$610,000

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

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

Median list price this week $459,000, last week $479,000

Closed median price this week $468,500, last week $475,000.

Stats 072724 — Stats for week ending July 27th

Conventional financing was used to close on 163 homes at median price $485,000 with 30 days average market time, last week 135 homes at median price $486,000 with 21 days average market time.

Conv 072724 — Conventional financing used to close for week ending July 27th

Cash was used to close on 21 homes this week at median price $393,000 with 32 days average market time, last week 23 homes at median price $489,900 with 41 days average market time.

Cash 072724 — Cash used to close for week ending July 27th

FHA financing was used to close on 9 homes this week at median price $401,990 with 21 days average market time, last week 14 homes at median price $360,800 with 27 days average market time.

FHA 072724 — FHA financing was used to close for week ending July 27th

VA financing was used to close on 7 homes at median price $572,990 with 46 days average market time, last week 7 homes at median price $582,000 with 28 days average market time.

VA 072724 — VA financing used to close for week ending July 27th

2,000 SF or more closed on 130 homes at median price $571,495 with 37 days average market time, last week 116 homes at median price $582,000 with 28 days average market time. Minimum price this week $287,000, last week $235,000.

2000 SF or more 072724 — 2,000 SF or more closed for week ending July 27th

Conventional financing continues to be the financing to use to close. Cash continues to beat out FHA financing.

Under contract this week

Homes that went under contract this week are down slightly. 202 this week compared to 231 the previous week.

Aurora-25 Bolingbrook-18

Elgin-20 Naperville-37

Plainfield-18 St Charles-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 5 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 72 hours, 3 with 48 hours, and 1 with 24 hours.

13 total from both of them is not too many out of 202 that received a contract this week.

Median price of homes that went under contract this week $449,900 with 26 days average market time, last week $425,000 with 30 days average market time.

Under contract stats 072724 — Under contract stats for week ending July 27th

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 935 754 850

Totals 5708 4901 5726

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.

Contact us

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

Take a look at these great resources. Click on everything that is bold and underlined to take you to the site for the information.

On my website you will find where you can request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices July 27th. 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 July 20th

Posted on July 20, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 20th

Fox Valley home prices July 20th. This week coming up looks to be a typical summer week with temperatures in the lower to mid 80’s.

New listings this week are down. 240 this week compared to 299 the previous week.

Closed listings are slightly down. 181 this week compared to 194 the previous week.

Aurora-New 28 $145,900-$890,000

Closed-24 $200,000-$924,900

Batavia-New 12 $229,990-$825,000

Closed-4 $442,000-$625,000

Bolingbrook-New 18 $240,000-$596,000

Closed-10 $216,200-$823,615

Elgin-New 26 $225,000-$675,000

Closed-18 $235,000-$695,000

Naperville-New 47 $390,000-$1,650,000

Closed-27 $445,000-$2,630,500

Plainfield-New 29 $325,900-$799,000

Closed-18 $305,000-$730,422

St Charles-New 10 $399,900-$1,899,000

Closed-17 $260,000-$1,212,500

We highlighted the communities with the most activity this week. Take a look at other communities and their price ranges in photo above.

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

Median list price this week $479,000, last week $470,000.

Closed median price this week $475,000, last week $467,000.

Stats 072024 — Stats for week ending July 20th

Conventional financing was used to close on 135 homes this week at median price $486,000 with 21 days average market time, last week 152 homes at median price $469,500 with 16 days average market time.

Conv 072024 — Conventional financing used to close for week ending July 20th

Cash was used to close on 23 homes this week at median price $489,900 with 41 days average market time, last week 23 homes at median price $475,000 with 28 days average market time.

Cash 072024 — Cash used to close for week ending July 20th

FHA financing was used to close on 14 homes this week at median price $360,800 with 27 days average market time, last week 10 homes at median price $318,450 with 14 days average market time.

FHA 072024 — FHA financing used to close for week ending July 20th

VA financing was used to close on 7 homes this week at median price $456,500 with 19 days average market time, last week 8 homes at median price $497,500 with 9 days average market time.

VA 072024 — VA financing used to close for week ending July 20th

2,000 SF or more closed on 116 homes this week at median price $582,000 with 28 days average market time, last week 125 homes at median price $525,000 with 21 days average market time. Minimum price this week $235,000, last week $237,000.

2000 SF or more 072024 — 2,000 SF or more closed for week ending July 20th

Cash continues to be used more than FHA financing this week. Conventional is still the number 1 way to close.

Under contract this week

Homes that went under contract this week are up. 231 this week compared to 188 the previous week.

Aurora-28 Bolingbrook-18

Elgin-22 Geneva-12

Montgomery-10 Naperville-29

Oswego-13 Plainfield-26

St Charles-13

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

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

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

Median price of homes that went under contract this week $425,000 with 30 days average market time, last week $450,000 with 29 days average market time.

Under contract stats 072024 — Under contract stats for week ending July 20th

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 704 550 648

Totals 5477 4697 5524

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also 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 site for the information.

On my website you canrequest a home valuation, sign-up for email alerts, search for a home anytime.

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

Fox Valley home prices July 20th. 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 July 13th

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

Fox Valley home prices July 13th

Fox Valley home prices July 13th. It is going to be a hot one today. The next few days will also be hot and they are calling for storms each day until Wednesday.

New listings this week are up. 299 this week compared to 165 the previous week.

Closed listings are also up. 194 this week compared to 175 the previous week. We did have a holiday week last week so it was not a full week of activity.

Aurora-New 30 $210,000-$645,000

Closed-15 $225,000-$1,050,000

Bolingbrook-New 19 $299,900-$785,398

Closed-16 $292,000-$600,000

Elgin-New 16 $214,900-$625,000

Closed-20 $205,000-$659,900

Geneva-New 11 $289,900-$949,000

Closed-7 $300,528-$585,000

Montgomery-New 10 $225,000-$449,000

Closed-5 $297,000-$450,000

Naperville-New 53 $329,900-$2,250,000

Closed-35 $373,000-$1,270,000

Oswego-New 13 $250,000-$699,900

Closed-8 $230,000-720,000

Plainfield-New 34 $325,000-$1,120,000

Closed-14 $305,000-$650,000

St Charles-New 22 $190,000-$2,495,000

Closed-10 $301,500-$899,000

Yorkville-New 20 $285,000-$800,000

Closed-10 $305,000-$563,000

We highlighted the communities with the most activity this week. Look at photo above to see activity in other communities and their price ranges.

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

Median list price this week $470,000, last week $474,995.

Closed median price this week $467,000, last week $460,000.

Stats 071324 — Stats for week ending July 13th

Conventional financing was used to close on 152 homes this week at median price $469,500 with 16 days average market time, last week 137 homes at median price $477,000 with 23 days average market time.

Conv 071324 — Conventional financing used to close for week ending July 13th

Cash was used to close on 23 homes this week at median price $475,000 with 28 days average market time, last week 18 homes at median price $397,500 with 36 days average market time.

Cash 071324 — Cash used to close for week ending July 13th

FHA financing was used to close on 10 homes this week at median price $318,450 with 14 days average market time, last week 15 homes at median price $368,700 with 21 days average market time.

FHA 071324 — FHA financing used to close for week ending July 13th

VA financing was used to close on 8 homes this week at median price $497,500 with 9 days average market time, last week 5 homes at median price $480,000 with 14 days average market time.

VA 071324 — VA financing used to close for week ending July 13th

2,000 SF or more closed on 125 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $530,000 with 26 days average market time. Minimum price this week $237,000, last week week $179,900.

2000 SF or more 071324 — 2,000 SF or more closed for week ending July 13th

78% of homes closed this week used Conventional financing. This trend is not changing. It has been consistent with the tight inventory.

Under contract this week

Homes that went under contract this week are down. 188 this week compared to 229 the previous week.

Aurora-30 Bolingbrook-10

Elgin-19 Naperville-27

Oswego-14 Plainfield-12

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, 2 with 48 hours, and 4 with 24 hours.

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

Median price of homes that went under contract this week $450,000 with 29 days average market time, last week $429,630 with 30 days average market time.

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 464 369 417

Totals 5237 4516 5293

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.

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

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

Fox Valley home prices July 13th. 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 July 6th

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

Fox Valley home prices July 6th

Fox Valley home prices July 6th. I hope you are enjoying the 4th of July weekend. 80’s this week with a couple of days of rain.

New listings this week are way down. 165 this week compared to 269 the previous week.

Closed listings are also way down. 175 this week compared to 249 the previous week.

Aurora-New 24 $130,000-$1,200,000

Closed-20 $245,000-$845,000

Bolingbrook-New 5 $270,000-$465,000

Closed-11 $280,000-$875,000

Elgin-New 14 $189,900-$1,190,000

Closed-10 $282,000-$725,000

Naperville-New 23 $475,000-$2,299,900

Closed-30 $437,000-$1,600,000

Oswego-New 8 $349,900-$750,000

Closed-10 $285,000-$565,000

Plainfield-New 33 $325,000-$725,000

Closed-23 $322,000-$685,000

St Charles-New 9 $365,000-$1,295,000

Closed-16 $367,450-$907,500

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

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

Median list price this week $474,995, last week $492,370.

Closed median prices this week $460,000, last week $474,625.

Stats 070624 — Stats for week ending July 6th

Conventional financing was used to close on 137 homes this week at median price $477,000 with 23 days average market time, last week 179 homes at median price $515,000 with 37 days average market time.

Conv 070624 — Conventional financing used to close for week ending July 6th

Cash was used to close on 18 homes this week at median price $397,500 with 36 days average market time, last week 42 homes at median price $448,151 with 23 days average market time.

Cash 070624 — Cash used to close for week ending July 6th

FHA financing was used to close on 15 homes this week at median price $368,700 with 21 days average market time, last week 19 homes at median price $332,000 with 36 days average market time.

FHA 070624 — FHA financing used to close for week ending July 6th

VA financing was used to close on 5 homes this week at median price $480,000 with 14 days average maket time, last week 7 homes at median price $440,000 with 39 days average market time.

VA 070624 — VA financing used to close for week ending July 6th

2,000 SF or more closed on 120 homes this week at median price $530,000 with 26 days average market time, last week 165 homes at median price $565,641 with 36 days average market time. Minimum price this week $179,900, last week $328,600.

2000 SF or more 070624 — 2,000 SF or more closed for week ending July 6th

78% of the homes closed this week used conventional financing. This is a holiday week so the overall numbers are down.

Under contract this week

Homes that went under contract this week are consistent even with the holiday. 229 this week compared to 233 the previous week.

Aurora-30 Elgin-24

Naperville-42 Oswego-14

Plainfield-25 St Charles-14

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

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

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 ours and 3 with 48 hours.

Median price of homes that went under contract this week $429,630 with 30 days average market time, last week $450,000 with 35 days average market time.

Under contract stats 070624 — Under contract stats for week ending July 6th

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 165 175 229

Totals 4938 4322 5105

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 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.

Here are some great resources for you to check out. Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices July 6th. 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 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