Fox Valley home prices April 6th

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

Fox Valley home prices April 6th

Fox Valley home prices April 6th. We finally see the sun. It has been raining for days. Temperatures will go from the mid 50’s up to 70 the next couple of weeks.

New listings are up. 223 this week compared to 125 the previous week.

Closed listings are down. 183 this week compared to 209 the previous week.

Aurora-New 20 $189,900-$740,000

Closed-16 $159,000-$702,097

Bolingbrook-New 13 $152,000-$679,000

Closed-10 $196,000-$580,600

Elgin-New 23 $170,000-$652,995

Closed-22 $190,000-$672,000

Montgomery-New 7 $235,000-$429,900

Closed-10 $233,000-$549,000

Naperville-New 40 $289,900-$2,390,000

Closed-20 $285,000-$1,525,000

Oswego-New 8 $320,000-$629,900

Closed-10 $289,000-$670,000

Plainfield-New 36 $240,000-$699,900

Closed-20 $312,000-$791,272

St Charles-New 14 $329,900-$750,000

Closed-10 $268,100-$1,200,000

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

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

Median list price this week $459,450, last week $435,000

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

Stats 040624 — Stats for week ending April 6th

Conventional financing was used to close on 140 homes this week at median price $460,000 with 29 days average market time, last week 154 homes at median price $442,455 with 46 days average market time.

Conv 040624 — Conventional financing used to close for week ending April 6th

Cash was used to close on 23 homes this week at median price $340,000 with 41 days average market time, last week 30 homes at median price $369,950 with 61 days average market time.

Cash 040624 — Cash used to close for week ending April 6th

FHA financing was used to close on 14 homes this week at median price $327,500 with 31 days average market time, last week 17 homes at median price $370,000 with 62 days average market time.

FHA 040624 — FHA financing used to close for week ending April 6th

VA financing was used to close on 6 homes this week at median price $423,750 with 25 days average market time, last week 6 homes at median price $463,650 with 81 days average market time.

VA 040624 — VA financing used to close for week ending April 6th

2,000 SF or more closed on 112 homes at median price $531,700 with 32 days average market time, last week 127 homes at median price $499,990 with 59 days average market time. Minimum price for 2,000 SF or more this week $118,000, last week $198,000.

2000 SF or more 040624 — 2,000 SF or more closed for week ending April 6th

Conventional financing wins again this week. Cash is next.

Under contract this week

Homes that went under contract are down. 163 this week compared to 213 the previous week.

Aurora-22 Batavia-11

Elgin-23 Naperville-20

Plainfield-23 St Charles-11

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

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

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

Median price of homes that went under contract this week $450,000 with 37 days average market time, last week $449,900 with 32 days average market time.

Under contract stats 040624 — Under contract stats for week ending April 6th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 223 183 163

Totals 2110 1734 2245

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 can compare.

Contact us

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

Information for you to check out. Click on everything that is bold and underlined to take you to the information.

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices March 30th

Posted on March 30, 2024March 30, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 30th

Fox Valley home prices March 30th. Cloudy and 61 right now. It is going to go from mid 40’s to upper 60’s in the next couple of weeks. Rain the next few days.

New listing this week are down. 125 this week compared to 171 the previous week.

Closed listings are up. 209 this week compared to 137 the previous week.

Aurora-New 9 $220,000-$450,000

Closed-20 $178,500-$866,590

Elburn-New 4 $427,500-$496,515

Closed-11 $168,000-$597,000

Elgin-New 24 $159,900-$649,900

Closed-27 $129,000-$750,000

Montgomery-New 3 $270,000-$449,900

Closed-10 $235,000-$420,000

Naperville-New 21 $489,900-$1,399,900

Closed-15 $426,000-$1,200,000

Plainfield-New 16 $279,900-$812,104

Closed-25 $270,000-$900,000

South Elgin-New 3 $400,000-$584,990

Closed-10 $320,000-$600,000

St Charles-New 5 $325,000-$825,000

Closed-13 $252,000-$1,475,000

Yorkville-New 5 $415,000-$499,900

Closed-11 $305,000-$560,801

This is the list of communities with most activity and their price ranges. Look at photo above for other communities and their price ranges.

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

Median list price this week $435,000, last week $479,450.

Closed median price this week $415,000, last week $449,900

Stats 033024 — Stats for week ending March 30th

Conventional financing was used to close on 154 homes this week at median price $442,455 with 46 days average market time, last week 99 homes at median price $449,990 with 33 days average market time.

Conv 033024 — Conventional financing used to close for week ending March 30th

Cash was used to close on 30 homes this week at median price $369,950 with 61 days average market time, last week 24 homes at median price $532,495 with 36 days average market time.

Cash 033024 — Cash used to close for week ending March 30th

FHA financing was used to close on 17 homes this week at median price $370,000 with 62 days average market time, last week 11 homes at median price $419,999 with 71 days average market time.

FHA 033024 — FHA financing used to close for week ending March 30th

VA financing was used to close on 6 homes this week at median price $463,650 with 81 days average market time, last week 1 home at $630,000 with 5 days average market time.

VA 033024 — VA financing used to close for week ending for March 30th

2,000 SF or more closed on 127 homes this week at median price $499,886 with 59 days average market time, last week 91 homes at median price $525,000 with 43 days average market time. Minimum price this week $198,000, last week $240,000.

2000 SF or more 033024 — 2,000 SF or more closed for week ending March 30th

It used to be the loan officers automatically did a FHA approval for buyers. It allows buyers to qualify for more and their credit score can be lower. Now you better get qualified for Conventional if you do not have cash if you want to win the bid on the house you like.

March

Conventional Cash FHA VA

554 120 62 20

Under contract this week

Homes that went under contract are consistent. 213 this week compared to 215 the previous week.

Aurora-24 Batavia-11

Bolingbrook-18 Elgin-23

Naperville-20 Oswego-18

Plainfield-27 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. 2 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $449,900 with 32 days average market time, last week $450,000 with 33 days average market time.

Under contract stats 033024 — Under contract stats for week ending March 30th

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

Totals 1887 1551 2082

2023

January 483 326 470

February 630 526 789

March 555 558 726

Totals 1668 1410 1985

2022

January 422 492 623

February 523 520 724

March 734 904 890

Totals 1679 1916 2237

New listings are up this year, but closings are down. Do you think prices are the issue?

Check back with us every Saturday for the real estate update in 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.

Information you might want to check out. Click on anything that is bold and underlined.

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

Fox Valley home prices March 30th. 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 March 23rd

Posted on March 23, 2024March 23, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 23rd

Fox Valley home prices March 23rd. 42 degrees and sunny today and It is going to be mid 40’s to 60 for the next couple of weeks.

New listings this week are slightly down. 171 this week compared to 181 the previous week.

Closed listings are exactly the same. 137 both this and last week.

Aurora-New 20 $215,000-$949,900

Closed-16 $212,000-$678,937

Bolingbrook-New 18 $280,000-$846,566

Closed-8 $227,000-$615,000

Elgin-New 15 $130,000-$695,000

Closed-10 $239,000-$589,900

Naperville-New 24 $370,000-$3,499,000

Closed-21 $433,000-$1,400,000

Oswego-New 4 $390,000-$500,000

Closed-10 $295,000-$481,900

Plainfield-New 18 $290,000-$689,900

Closed-16 $303,000-$879,900

St Charles-New 16 $225,000-$1,600,000

Closed-5 $435,000-$796,040

Click on the photo above to see the other communities that had activity this week and their price ranges. You just might find the price range you are looking for.

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

Median list price this week $479,450, last week $455,365.

Closed median price this week $449,900, last week $425,000.

Stats 032324 — Stats for week ending March 23rd

Conventional financing was used to close on 99 homes this week at median price $449,990 with 33 days average market time, last week 101 homes ate median price $434,990 with 37 days average market time.

Conv 032324 — Conventional financing used to close for week ending March 23rd

Cash was used to close on 24 homes this week at median price $532,495 with 36 days average market time, last week 22 homes at median price $360,000 with 18 days average market time.

Cash 032324 — Cash used to close for week ending March 23rd

FHA financing was used to close on 11 homes this week at median price $419,999 with 71 days average market time, last week 8 homes at median price $305,000 with 22 days average market time.

FHA 032324 — FHA financing used to close for week ending March 23rd

VA financing was used to close on 1 home this week at $630,000 with 5 days average market time, last week 6 homes at median price $511,500 with 20 days average market time.

VA 032324 — VA financing used to close for week ending March 23rd

2,000 SF or more closed on 91 homes this week at median price $525,000 with 43 days average market time, last week 79 homes at median price $540,000 with 40 days average market time. Minimum price this week $240,000, last week $247,000.

2000 SF or more 032324 — 2,000 SF or more closed for week ending March 23rd

Conventional financing continues this week to be the trend for what seller’s are accepting for financing the most.

Under contract this week

Homes that went under contract this week are up. 215 this week compared to 186 the previous week.

Aurora-23 Bolingbrook-11

Elgin-21 Naperville-40

Oswego-14 Plainfield-29

St Charles-16

Other communities had homes that went under contract. Click on the photo above to see them.

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 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 48 hours and 1 with 24 hours.

Median price of homes that went under contract this week $450,000 with 33 average market time, last week $422,500 with 31 days average market time.

Under contract stats 032324 — Under contract stats for week ending March 23rd

Not every home that accepts a contract closes. Sometimes they do come back on the market. It doesn’t seem to be happening too much right now though.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 549 403 579

Totals 1762 1342 1869

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

Next week will be the last full week of March so we will also take a look back at 2023 and 2022 so you can compare.

Contact us

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

Here is some information you might want to look at. Click on everything that is bold and underlined to take you to the site for the information.

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

Fox Valley home prices March 23rd. 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 March 16th

Posted on March 16, 2024March 16, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 16th

Fox Valley home prices March 16th. It is going to get to almost 60 today and then roller coaster with the temperatures for the next couple of weeks. It will range from the mid 30’s to the mid 50’s. We really didn’t have much of a winter. We will see how the spring weather turns out. So far so good.

New listings are down slightly. 181 this week compared to 197 the previous week.

Closed listings are slightly up. 137 this week compared to 129 the previous week.

Aurora-New 16 $163,000-$759,000

Closed-15 $206,500-$550,000

Bolingbrook-New 10 $300,000-$645,000

Closed-13 $258,000-$980,850

Elgin-New 12 $165,000-$589,990

Closed-15 $135,000-$591,840

Naperville-New 30 $329,900-$2,990,000

Closed-19 $375,000-$2,315,000

Oswego-New 11 $409,900-$1,295,000

Closed-9 $355,000-$546,332

Plainfield-New 26 $320,000-$699,000

Closed-17 $305,000-$865,000

St Charles-New 13 $349,000-$2,650,000

Closed-9 $300,000-$930,000

Other communities had activity this week. Check the photo above to see the price ranges in those communities. You just might find the price range you are looking for.

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

Median list price this week $455,365, last week $432,400.

Closed median price this week $425,000, last week $406,000.

Stats 031624 — Stats for week ending March 16th

Conventional financing was used to close on 101 homes this week at median price $434,990 with 37 days average market time, last week 88 homes at median price $408,000 with 34 days average market time.

Conv 031624 — Conventional financing used to close for week ending March 16th

Cash was used to close on 22 homes this week at median price $360,000 with 18 days average market time, last week 17 homes at median price $490,000 with 54 days average market time.

Cash 031624 — Cash used to close for week ending March 16th

FHA financing was used to close on 8 homes this week at median price $305,000 with 22 days average market time, last week 15 homes at median price $335,000 with 29 days average market time.

FHA 031624 — FHA financing used to close for week ending March 16th

VA financing was used to close on 6 homes this week at median price $511,500 with 20 days average market time, last week 4 homes at median price $387,450 with 47 days average market time.

VA 031624 — VA financing used to close for week ending March 16th

2,000 SF or more closed on 79 homes this week at median price $540,000 with 40 days average market time, last week 72 homes at median price $532,450 with 50 days average market time. Minimum price this week $247,000, last week $285,000.

2000 SF or more 030924 — 2,000 SF or more closed for week ending March 16th

Conventional financing continues to be the choice close with. You might be able to afford more using FHA but seller’s are accepting the conventional loan offers.

Under contract this week

Homes that went under contract this week are consistent. 186 this week compared to 178 the previous week.

Aurora-20 Batavia-10

Bolingbrook-17 Elgin-32

Naperville-19 Oswego-12

Plainfield-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 1 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, 1 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $422,500 with 31 days average market time, last week $425,000 with 43 days average market time.

Under contract stats 031624 — Under contract stats for week ending March 16th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 378 266 364

Totals 1591 1205 1654

We are picking us as we go. It just is not fast enough with the new listings.

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.

Contact us

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

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

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

Fox Valley home prices March 16th. 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 March 9th

Posted on March 9, 2024March 9, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 9th

Fox Valley home prices March 9th. We will be having temperatures from the mid 40’s to mid 60’s up and down for the next couple of weeks.

New listings are slightly up. 197 this week compared to 181 the previous week.

Closed listings are down. 129 this week compared to 154 the previous week.

Aurora-New 28 $164,900-$716,975

Closed-17 $157,000-$455,000

Bolingbrook-New 15 $199,900-$579,900

Closed-6 $262,000-$860,000

Elgin-New 21 $147,000-$925,000

Closed-20 $256,000-$684,900

Naperville-New 33 $435,000-$1,331,500

Closed-8 $375,000-$1,300,000

Plainfield-New 20 $339,900-$879,900

Closed-17 $321,000-$795,000

Yorkville-New 13 $329,900-$950,000

Closed-5 $312,000-$490,000

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

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

Median list price this week $432,400, last week $440,000.

Closed median price this week $406,000, last week $430,500.

Stats 030924 — Stats for week ending March 9th

Conventional financing was used to close on 88 homes this week at median price $408,000 with 34 days average market time, last week 112 homes at median price $428,100 with 51 days average market time.

Conv 030924 — Conventional financing used to close for week ending March 9th

Cash was used to close on 17 homes this week at median price $490,000 with 54 days average market time, last week 27 homes at median price $515,000 with 38 days average market time.

Cash 030924 — Cash used to close for week ending March 9th

FHA financing was used to close on 15 homes this week at median price $335,000 with 29 days average market time, last week 11 homes at median price $375,000 with 93 days average market time.

FHA 030924 — FHA financing used to close for week ending March 9th

VA financing was used to close on 4 homes this week at median price $387,450 with 47 days average market time, last week 3 homes at median price $390,000 with 32 days average market time.

VA 030924 — VA financing used to close for week ending March 9th

2,000 SF or more closed on 72 homes at median price $532,450 with 50 days average market time, last week 99 homes at median price $521,900 with 60 days average market time. Minimum price this week $285,000, last week $339,900.

Conventional continues to be the most used way to close. There is still more cash deals closed than FHA.

Under contract this week

Homes that went under contract this week are consistent. 178 this week compared to 173 the previous week.

Aurora-22 Bolingbrook-10

Elgin-19 Naperville-33

Plainfield-23 St Charles-14

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

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 1 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on the current home. 1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $425,000 with 43 days average market time, last week $413,000 with 51 days average market time.

Under contract stats 030924 — Under contract stats for week ending March 9th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 197 129 178

Totals 1410 1068 1468

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 can compare.

Contact us

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

Click on each bold and underlined item to take you to the site for the information.

If you are looking for any other information just let us know.

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

Fox Valley home prices March 9th. 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 March 2nd

Posted on March 2, 2024March 2, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 2nd

Fox Valley home prices March 2nd. It was a beautiful sunny day today in the 60’s. The next couple of days will be in the lower 70’s then back in the mid 50’s.

New listings this week were up. 181 this week compared to 144 the previous week.

Closed listings were also up. 154 this week compared to 92 the previous week.

Aurora-New 21 $189,000-$999,900

Closed-12 $197,000-$532,000

Bolingbrook-New 8 $219,900-$645,000

Closed-10 $264,500-$1,008,711

Elgin-New 15 $230,000-$649,900

Closed-18 $220,500-$585,000

Naperville-New 38 $369,900-$1,750,000

Closed-26 $372,000-$2,117,778

Plainfield-New 16 $315,000-$799,900

Closed-19 $293,000-$693,375

St Charles-New 10 $325,000-$1,100,000

Closed-11 $270,000-$949,000

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

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

Median list price this week $440,000, last week $444,900.

Closed median price this week $430,500, last week $389,900.

Stats 030224 — Stats for week ending March 2nd

Conventional financing was used to close on 112 homes this week at median price $428,100 with 51 days average market time, last week 64 homes at median price $397,500 with 47 days average market time.

Conv 030224 — Conventional financing used to close for week ending March 2nd

Cash was used to close on 27 homes this week at median price $515,000 with 38 days average market time, last week 16 homes at median price $482,495 with 126 days average market time.

Cash 030224 — Cash used to close for week ending March 2nd

FHA financing was used to close on 11 homes at median price $375,000 with 93 days average market time, last week 9 homes at median price $352,000 with 34 average market time.

FHA 030224 — FHA financing used to close for week ending March 2nd

VA financing was used to close on 3 homes at median price $390,000 with 32 days average market time, last week 3 homes at median price $389,900 with 65 days average market time.

VA 030224 — VA financing used to close for week ending March 2nd

2,000 SF or more closed on 99 homes this week at median price $521,900 with 60 days average market time, last week 59 homes at median price $499,990 with 66 days average market time. Minimum price this week $339,900, last week $264,000.

2000 SF or more 030224 — 2,000 SF or more closed for week ending March 2nd

Conventional financing continues to be the most popular way to close.

Under contract this week

Homes that went under contract this week are down slightly. 173 this week compared to 184 he previous week.

Aurora-19 Bolingbrook-12

Elgin-18 Naperville-19

Oswego-15 Plainfield-12

2 short sales were accepted this week by seller’s. 1 in Batavia and 1 in Waterman. 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 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 48 hours.

Median price of homes that went under contract this week $413,000 with 51 days average market time, last week $440,836 with 41 days average market time.

Under contract stats 030224 — Under contract stats for week ending March 2nd

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

Totals 1213 936 1290

2023

January 483 326 470

February 630 526 789

Totals 1113 852 1259

2022

January 422 492 623

February 523 520 724

Totals 945 1012 1347

We are heading into the right direction with new listings. It still is not enough though.

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.

Information to check out. Click on each underlined and bold item to take you to the site for the information.

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

Fox Valley home prices March 2nd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 24th

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

Fox Valley home prices February 24th

Fox Valley home prices February 24th. We have had some fantastic weather for February. Yesterday it snowed but is already melting today. We might reach 72 degrees on Tuesday. Just incredible for February. We should level off to the 50’s after that.

New listings this week are down. 144 this week compared to 167 the previous week.

Closed listings are consistent. 92 this week compared to 98 the previous week.

Aurora-New 14 $225,000-$500,000

Closed-10 $119,000-$400,000

Elgin-New 13 $129,900-$725,995

Closed-8 $215,000-$664,430

Naperville-New 21 $340,000-$3,450 000

Closed-11 $545,000-$7,550,000

Plainfield-New 11 $365,000-$1,050,000

Closed-13 $285,000-$630,000

Yorkville-New 23 $384,990-$654,674

Closed-7 $355,000-$455,000

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

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

Median list price this week $444,900, last week $469,990.

Closed median price this week $389,900, last week $447,500.

2000 SF or more 022424 — Stats for week ending February 24th

Conventional financing was used to close on 64 homes this week at median price $397,500 with 47 days average market time, last week 80 homes at median price $467,495 with 51 days average market time.

Conv 022424 — Conventional financing used to close for week ending February 24th

Cash was used to close on 16 homes this week at median price $482,495 with 126 days average market time, last week 5 homes at median price $472,000 with 57 days average market time.

Cash 022424 — Cash used to close for week ending February 24th

FHA financing was used to close on 9 homes this week at median price $352,000 with 34 days average market time, last week 9 homes at median price $349,999 with 85 days average market time.

FHA 022424 — FHA financing used to close for week ending February 24th

VA financing was used to close on 3 homes this week at median price $389,900 with 65 days average market time, last week 3 homes at median price $350,000 with 71 days average market time.

VA 022424 — VA financing used to close for week ending February 24th

2,000 SF or more closed on 59 homes this week at median price $499,990 with 66 days average market time, last week 64 homes at median price $528,000 with 67 days average market time. Minimum price this week $264,000, last week $267,000.

Conventional financing continues to be the way to go still. Cash seems to be slowing down slightly.

Under contract this week

Homes that went under contract this week are up. 184 this week compared to 157 the previous week.

Aurora-26 Bolingbrook-12

Elgin-18 Naperville-30

Plainfield-20 St Charles-11

No short sales this week accepted 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 48 hours and 1 with 24 hours.

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

Median price of homes that went under contract this week $440,836 with 41 days average market time, last week $414,900 with 39 days average market time.

Under contract stats 022424 — Under contract stats for week ending February 24th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 456 262 518

Totals 1032 785 1117

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 it to.

Contact us

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

Information to check out. Click on each one to take you to the information.

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

Fox Valley home prices February 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 February 10th

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

Fox Valley home prices February 10th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 021024 — Stats for week ending February 10th.

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-19 Elgin-21

Naperville-24 Oswego-10

Plainfield-25

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

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

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

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

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

2024 by the month

Month New Closed Under contract

January 576 523 599

February 145 72 177

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

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

Contact us

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

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

Info to check out

Fox Valley home prices February 10th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 3rd

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

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd. Temperatures this next week are going to be so nice! Upper 40’s to mid 50’s.

New listings this week are up. 138 this week compared to 119 the previous week.

Closed listings are also up. 140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

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

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324 — Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324 — Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324 — Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324 — FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324 — VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time. Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324 — 2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are up slightly. 142 this week compared to 131 the previous week.

Aurora-19 Bolingbrook-10

Elgin-24 Naperville-15

Plainfield-17

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

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

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324 — Under contract stats for week ending February 3rd

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

2024

Month New Closed Under contract

January 579 523 599

2023

January 483 326 470

2022

January 422 492 623

We waited until this week since there were 3 days this week still in January.

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

Contact us

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

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

Information for you to check out

Fox Valley home prices February 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 January 27th

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

Fox Valley home prices January 27th

Fox Valley home prices January 27th. It looks like we will not see the sun again this next week. Next Friday for groundhog day it is supposed to be cloudy. I am sure looking forward to an early Spring.

New listing this week are slightly up. 119 this week compared to 99 the previous week.

Closed listing this week are consistent. 97 this week compared to 96 the previous week. You can’t get more consistent than that!

Aurora-New 9 $180,000-$474,900

Closed-11 $145,100-$480,000

Bolingbrook-New 12 $250,000-$862,777

Closed-7 $275,000-$480,000

Elgin-New 15 $204,900-$569,999

Closed-13 $210,000-665,000

Naperville-New 11 $599,000-$1,300,000

Closed-11 $370,000-$1,170,000

Plainfield-New 19 $287,500-$824,900

Closed-13 $320,000-$820,584

St Charles-New 7 $270,000-$1,299,000

Closed-10 $105,000-$1,550,000

28 Communities had activity this week. This is just 6 of the ones that had the most activity. Check the photo above for the other communities and their price ranges.

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

Median list price this week $411,450, last week $429,874.

Closed median price this week $381,000, last week $428,250.

Stats 012724 — Stats for week ending January 27th

Conventional financing was used to close on 71 homes this week at median price $435,000 with 49 days average market time, last week 77 homes at median price $435,000 with 52 days average market time.

Conv 012724 — Conventional financing used to close for week ending January 27th

Cash was used to close on 15 homes this week at median price $350,000 with 20 days average market time, last week 9 homes at median price $529,900 with 31 days average market time.

Cash 012724 — Cash used to close for week ending January 27th

FHA financing was used to close on 9 homes this week at median price $325,000 with 36 days average market time, last week 5 homes at median price $270,000 with 3 days average market time.

FHA 012724 — FHA financing used to close for week ending January 27th

VA financing was used to close on 2 homes this week at median price $315,000 with 45 days average market time, last week 4 homes at median price $376,500 with 31 days average market time.

VA 012724 — VA financing was used to close for week ending January 27th

2,000 SF or more closed on 53 homes at median price $495,000 with 52 days average market time, last week 60 homes at median price $529,950 with 39 days average market time. Minimum price this week $246,00, last week $250,000.

2000 SF or more 012724 — 2,000 SF or more closed for week ending January 27th

Conventional financing was used on 73% of the homes that closed.

Under contract this week

Homes that went under contract are up slightly. 131 this week compared to 121 the previous week.

Aurora-13 Elgin-12

Naperville-18 Oswego-13

Plainfield-19

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

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

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $399,900 with 66 days average market time, last week median price $402,900 with 57 days average market time.

Under contract stats 012724 — Under contract stats for week ending January 27th

2024 by the month

Month New Closed Under contract

January 438 383 457

This is the last full week of the month. Next week we have a couple of days to close so I will wait until next week to compare to 2023 and 2022.

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

Contact us

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

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

Information for you

Fox Valley home prices January 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