Fox Valley home prices November 4th

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

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

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

Fox Valley home prices November 4th

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

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

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

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

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

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

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

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

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

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

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

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

Median list price this week $432,990, last week $422,500.

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

Stats 110423
Stats for week ending November 4th.

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

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

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

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

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

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

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

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

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

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

Conventional financing continues to be the way to go.

Under contract this week

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

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

Naperville-23                  Plainfield-21

St Charles-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours and 4 with 48 hours.

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

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

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

2023 by the month

Month                New   Closed   Under contract

January               483        326           470

February             630        526           789

March                  555        558           726

April                     710        617           755

May                      735       603           816

June                    1030      1059          926

July                       765        745          805

August                  869       988          915

September            684        621          623

October                 639        568         549

November              132        187          136

Totals                   7232     6798         7510

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

At the end of each month we also take a look back at 2022 and 2021 so you have something to compared to.

Resources

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

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

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

Contact us

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

Fox Valley home prices November 4th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 28th

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Fox Valley home prices October 28th.    Today is a gorgeous 50 degree sunny day.  There will not be too many of them after today.  Mid 40’s and possible snow on Halloween. 

New listings are down this week.  155 this week compared to 165 the previous week.

Closed listings are consistent.  149 this week compared to 152 the previous week.

Fox Valley home prices October 28th 

Aurora-New 14 $155,000-$750,000

             Closed-27 $189,900-$950,000

Bolingbrook-New 12 $269,990-$763,649

                      Closed-10 $160,000-$889,057

Naperville-New 26 $314,995-$2,895,000

                   Closed-23 $300,000-$1,799,000

Oswego-New 4 $224,900-$529,262

               Closed-10 $300,000-$614,025

Plainfield-New 22 $314,900-$950,000

                  Closed-18 $190,000-$716,935

St Charles-New 11 $219,900-$1,850,000

                   Closed-6 $343,000-$690,000

Yorkville-New 12 $289,900-$829,000

                Closed-7 $180,00-$470,000

Out of 28 communities that saw some kind of activity, these 7 had the most activity.  Look at the photo above to see the other communities price ranges.

Financing used, median price, and 2000 SF or more

Median list price this week $422,500, last week $420,000.

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

Stats 102123
Stats for week ending October 28th

Conventional financing was used to close on 110 homes this week at median price $422,500 with 32 days average market time, last week 112 homes at median price $457,500 with 28 days average market time.

Conv 102823
Conventional financing used to close for week ending October 28th

Cash was used to close on 21 homes this week at median price $475,000 with 36 days average market time, last week 18 homes at median price $436,000 with 31 days average market time.

Cash 102823
Cash used to close for week ending October 28th

FHA financing was used to close on 12 homes at median price $342,000 with 32 days average market time, last week 17 homes at median price $315,000 with 36 days average market time.

FHA 102823
FHA financing used to close for week ending October 28th

VA financing was used to close on 4 homes at median price $460,000 with 32 days average market time, last week 5 homes at median price $408,000 with 20 days average market time.

VA 102823
VA financing used to close for week ending October 28th

2,000 SF or more closed on 89 homes at median price $495,000 with 38 days average market time, last week 102 homes at median price $493,500 with 31 days average market time.  Minimum price this week $189,900, last week $269,000.

2000 SF or more 102823
2000 SF or more closed for week ending October 28th

Conventional financing continues to be the type of financing seller’s are accepting if not cash.

Under contract this week

Homes that went under contract this week are slightly up.  132 this week compared to 125 the previous week.

Fox Valley home prices October 28th-Under contract this week

Aurora-25                               Bolingbrook-11

Naperville-13                          Plainfield-21

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 48 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 1 that was not marked with a time.

Median price of homes that went under contract this week $355,000 with 39 days average market time, last week median price $400,000 with 44 days average market time.

Under contract 102823
Under contract stats for week ending October 28th

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

2023

Month                  New   Closed   Under contract

January                 483        326           470

February               630        526           789

March                    555        558           726

April                      710         617            755

May                       735        603            816

June                     1030      1059            926

July                        765        745            805

August                   869       988            915

September             684        621            623

October                  639        568           549

Totals                    7100      6611           7374

2022

January                   422       492           623

February                 523       520           724

March                      734       904          890

April                       1168       966         1334

May                        1101       893           806

June                        1295     1409          1234

July                          955       932            908

August                   1019       1134          1062

September               730        733           698

October                    699        612           646

Totals                     8646      8595         8925 

2021

January                  543        649           829

February                561         604           778

March                     993       1099         1455

April                      1006        926         1387

May                       1088       1288         1289

June                       1450       1686          1671

July                         1118        1182          1210

August                   1109        1203          1170

September             1083        1411           1251

October                    715          973           930

Totals                    9666        11021        11970

You can see the numbers going down from 2021 to 2023. 

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

Resources

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

So many people refinanced when the interest rates were low.  Now you have a good selling point if it is assumable.  The buyers would have to get approved but it is better than the current interest rates.

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

Contact us

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

Fox Valley home prices October 28th.  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 October 21st

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 Fox Valley home prices October 21st.  Mid 60’s until Tuesday it will get up to 77, and then the next week we will get into the mid 40’s.

New listings this week are up.  165 this week compared to 128 the previous week.

Fox Valley home prices October 21st

Closed listings are also up.  152 this week compared to 115 the previous week.

Aurora-New 19 $60,000-$609,000

             Closed-18 $215,000-$1,050,000

Bolingbrook-New 14 $270,000-$889,000

                      Closed-8 $294,000-$540,000

Elburn-New 10 $409,900-$525,000

             Closed-2 $245,000-$415,000

Naperville-New 25 $339,000-$1,799,000

                   Closed-20 $325,000-$1,287,500

Oswego-New 13 $300,000-$574,000

               Closed-11 $235,000-$567,990

Plainfield-New 18 $315,000-$725,000

                  Closed-27 $274,900-$737,289

St Charles-New 16 $315,000-$2,100,000

                   Closed-13 $275,000-$975,000

Yorkville-New 10 $315,000-$639,900

                Closed-11 $213,000-$512,521

These are not the only communities to have activity this week.  Click on the photo above to see what other communities had activity and their price ranges.  You might find what you are looking for.

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

Median list price this week $420,000, last week $395,000.

Closed median price this week $425,000, last week $385,000.

Stats 102123
Stats for week ending October 21st.

Conventional financing was used to close on 112 homes this week at median price $457,500 with 28 days average market time, last week 87 homes at median price $390,000 with 31 days average market time.

Conv 102123
Conventional financing used to close for week ending October 21st.

Cash used to close on 18 homes this week at median price $436,000 with 31 days average market time, last week 18 homes at median price $377,500 with 37 days average market time.

Cash 102123
Cash used to close for week ending October 21st.

FHA financing was used to close on 17 homes this week at median price $315,000 with 36 days average market time, last week 6 homes at median price $374,500 with 25 days average market time.

FHA 102123
FHA financing used to close for week ending October 21st.

VA financing was used to close on 5 homes this week at median price $408,000 with 20 days average market time, last week 4 homes at median price $370,000 with 19 days average market time.

VA 102123
VA financing used to close for week ending October 21st.

2,000 SF or more closed on 102 homes this week at median price $493,500 with 31 days average market time, last week 55 homes at median price $545,000 with 42 days average market time.  Minimum price this week $269,000, last week $310,000.

2000 SF or more 102123
2000 SF or more closed for week ending October 21st.

Conventional financing continues to be the financing seller’s are wanting to accept.

So many people refinanced and have great low rates that might be assumable.  You need to check that out.  You might be able to market that and still move and get a good rate on the home you purchase.  Some of these cash buyers might want to consider that.

Under contract this week

Homes that went under contract this week are down slightly.  125 this week compared to 136 the previous week.

Fox Valley home prices October 21st-Under contract this week

Aurora-22                            Naperville-16

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, 3 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyers selling and closing on their current home.  7 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $400,000 with 44 days average market time, last week $389,950 with 37 days average market time.

Under contract stats 102123
Under contract stats for week ending October 21st.

2023 by the month

Month               New   Closed   Under contract

January              483        326             470

February            630        526             789

March                 555        558             726

April                   710         617             755

May                    735        603             816

June                  1030       1059            926

July                     765         745            805

August               869         988            915

September         684         621            623

October              484         419            417

Totals               6945       6462          7242

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Resources

Click on each bullet point and anything that is bold and underlined to take you to the site for the information.  If you are not finding what you are looking for just let us know. We will point you in the right direction.

Check with your lender to see if your loan is assumable if you are thinking about selling.

Clean, pack up, and paint to make your home feel nice and fresh if you are thinking about selling.

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

Contact us

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

Fox Valley home prices October 21st.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 14th

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Fox Valley home prices October 14th.  No Indian summer in sight.  Mostly mid 50’s and a lot of rain.

New listings are down.  128 this week compared to 191 the previous week.

 Closed listings are also down.  115 this week compared to 152 the previous week.

Fox Valley home prices October 14th

Aurora -New 20 $169,900-$890,000

              Closed-16 $181,000-$660,000

Batavia-New 10 $275,000-$899,900

               Closed-4 $330,000-$775,000

Naperville-New 13 $450,000-$2,895,000

                   Closed-22 $333,000-$2,035,000

Plainfield-New 14 $299,900-$689,900

                  Closed-17 $280,000-$1,006,901

St Charles-New 10 $299,000-$1,799,000

                  Closed-6 $185,000-$1,030,000

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

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

Median list price this week $395,000, last week $409,900

Closed median price this week $385,000, last week $394,950.

Stats 101423
Stats for week ending October 14th

Conventional financing used to close this week on 87 homes at median price $390,000 with 31 days average market time, last week 108 homes at median price $403,750 with 26 days average market time.

Conv 101423
Conventional financing for the week ending October 14th

Cash was used to close on 18 homes this week at median price $377,500 with 37 days average market time, last week 17 homes at median price $415,000 with 26 days average market time.

Cash 101423
Cash used to close for week ending October 14th

FHA financing used to close on 6 homes this week at median price $374,500 with 25 days average market time, last week 19 homes at median price $305000 with 25 days average market time.

FHA 101423
FHA financing used to close for week ending October 14th

VA financing used to close on 4 homes this week at median price $370,000 with 19 days average market time, last week 6 homes at median price $473,530 with 14 days average market tine.

VA 101423
VA financing used to close on October 14th

2,000 SF or more closed on 55 homes at median price $545,000 with 42 days average market time, last week 90 homes at median price $472,500 with 29 days average market time. Minimum price this week $310,000, last week $235,000.

2000 SF or more 101423
2000 SF or more for week ending October 14th

Conventional financing continues to be the choice for seller’s to accept.  We need to start looking for assumable mortgages for the lower interest rates.  It might get some people moving if they knew they did not have to accept these higher rates.  Yes, you can refinance, but by assuming a mortgage with a low rate you would not have to refinance at a later date.

Under contract this week

Homes under contract this week are down.  136 this week compared to 156 the previous week.

Fox Valley home prices October 14th-Under contract this week

Aurora-26                          Naperville-25

Plainfield-25                     St Charles-10

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

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 48 hours and 24 hours.

Median price of homes under contract this week $389,950 with 37 days average market time, last week $399,900 with 41 days average market time.

Under contract 101423
Under contract stats for week ending October 14th

2023 by the month

Month              New   Closed   Under contract

January             483        326          470

February           630        526          789

March                555        558          726

April                  710         617          755

May                   735        603          816

June                  1030      1059          926

July                     765        745          805

August                869       988          915

September          684       621           623

October               319       267           292

Totals                6780     6310          7117

Things are starting to slow down as we head to the holidays.  Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Resources to check out

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

If you are looking for a loan officer, real estate attorney, or a home inspector we can recommend a few that we have successfully worked with.

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

Contact us

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

Fox Valley home prices October 14th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Home Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

 

Fox Valley home prices October 7th

bhfv Cover 050623 Fox Valley home prices October 7th.  Temperatures have certainly changed since we changed to the fall season.  50’s for a high and  we have seen some mid 30’s for a low.

 New listings this week are up.  191 this week compared to 159 the previous week.

Closed listings are down.  152 this week compared to 205 the previous week.

ox Valley price ranges October 7th

Aurora-New 34 $130,000-$653,000

             Closed-25 $180,000-$560,000

Bolingbrook-New 10 $264,900-$589,999

                      Closed-17 $185,570-$585,000

Naperville-New 33 $399,000-$2,499,000

                   Closed-17 $372,500-$1,330,000

Oswego-New 8 $319,900-$899,000

                Closed-10 $315,000-$565,000

Plainfield-New 36 $245,000-$849,900

                  Closed-13  $220,000-$790,000

St Charles-New 9 $319,900-$711,900

                   Closed-10 $327,500-$1,050,000

Yorkville-New 5 $374,990-$575,000

                Closed-12 $294,000-$535,000

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

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

Median list price this week $409,900, last week $414, 520.

Median closed price this week $394,950, last week $405,000

Stats 100723
Stats for week ending October 7th

Conventional financing was used to close on 108 homes this week at median price $403, 750 with 26 days average market time, last week 150 homes at median price $410,000 with 32 days average market time.

Conv 100723
Conventional financing used to close for week ending October 7th

Cash was used to close on 17 homes at median price $415,000 with 26 days average market time, last week 28 homes at median price $414,950 with 30 days average market time.

Cash 100723
Cash used to close for week ending October 7th

FHA financing was used to close on 19 homes this week at median price $305,000 with 23 days average market time, last week 16 homes at median price $322,495 with 33 days average market time.

FHA 100723
FHA financing used to close for week ending October 7th

VA financing was used to close on 6 homes at median price $473,530 with 14 days average market time, last week 8 homes at median price $467,450 with 21 days average market time.

VA 100723
VA financing used to close for week ending October 7th

2,000 SF or more closed on 90 homes this week at median price $472,500 with 29 days average market time, last week 114 homes at median price $517,495 with 21 days average market time.  Minimum price this week $235,000, last week $290,000.

2000 SF or more 100723
2,000 SF or more for week ending October 7th

Conventional financing you can see is still the most used to close on a home.  Will we start talking about assuming mortgages if the interest rates keep going up?

Under contract this week

Homes that went under contract this week are down.  156 this week compared to 170 the previous week.

Fox Valley home prices October 7th-Under contract this week

Aurora-18                      Naperville-22

Plainfield-27                 St Charles-11

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

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, 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 $399,900 with 41 days average market time, last week $411,950 with 42 days average market time.

Under contract stats 100723
Under contract stats for week ending October 7th

2023 by the month

Month             New   Closed   Under contract

January            483        326           470

February          630        526           789

March               555        558           726

April                 710         617           755

May                  735        603           816

June                 1030      1059           926

July                   765         745           805

August              869        988           915

September        684        621            623

October             191         152            156

Totals              6652       6195         6981

We normally post this every Saturday.  Occasionally we get too busy and post as soon as we can.  We did download all data on Saturday though.  All data comes from our MLS, MRED, LLC.

At the end of each month we will also take a look at the previous 2 years 2022 and 2021 so you have something to compare to.

Resources

Please click on each bold and underlined post to take you to the information.

If you are looking for any other information that is not listed let us know at besthomesfv@gmail.com and we will point you in the right direction.

Contact us

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

We can give you a few loan officers to contact, real estate attorneys and home inspectors.  Of course, if you already know someone that is great!

Fox Valley home prices October 7th.  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 September 30th

bhfv Cover 050623

Fox Valley home prices September 30th.  This might be our last week in the 80’s for this year.  We head to the mid 50’s next week for a high.

New listings are consistent.  159 this week compared to 162 the previous week.

Closed listings are up.  205 this week compared to 144 the previous week.

Fox Valley home prices September 30th

Aurora-New 26 $175,000-$535,000

             Closed-35 $126,500-$710,000

Bolingbrook-New 4 $272,900-$1,174,900

                      Closed-16 $190,000-$780,000

Naperville-New 24 $399,999-$1,635,000

                   Closed-29 $339,900-$1,150,000

Oswego-New 6 $375,000-$569,900

               Closed-10 $300,000-$700,000

Plainfield-New 31 $289,900-$789,900

                  Closed-29 $185,000-$790,000

St Charles-New 10 $270,000-$2,650,000

                  Closed-15 $205,000-$840,500

Yorkville-New 2 $234,500-$350,000

                Closed-10 $205,000-$512,500

Other communities had activity this week.  Check with the photo above to see those communities and their price ranges.

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

Median list price this week $414,520, last week $419,995.

Closed median price this week $405,000, last week $427,000.

Stats 093023
Stats for week ending September 30th

Conventional financing was used to close on 150 homes this week at median price $410,000 with 32 days average market time, last week 103 homes at median price $460,000 with 20 days average market time.

Conv 093023
Conventional financing used to close for week ending September 30th

Cash was used to close on 28 homes this week at median price $414,950 with 30 days average market time, last week 22 homes at median price $452,500 with 40 days average market time.

Cash 093023
Cash was used to close for week ending September 30th

FHA financing was used to close on 16 homes this week at median price $322,495 with 33 days average market time, last week 15 homes at median price $345,000 with 42 days average market time.

FHA 093023
FHA financing used to close for week ending September 30th

VA financing was used to close on 8 homes at median price $467,450 with 21 days average market time, last week 4 homes at median price $295,000 with 34 days average market time.

VA 093023
VA financing used to close for week ending September 30th

2,000 sf or more closed on 114 homes this week at median price $517, 495 with 31 days average market time, last week 88 homes at median price $510,500 with 25 days average market time.  Minimum price this week $290,000, last week $235,000.

2000 SF or more 093023
2000 SF or more for week ending September 30th

73% of homes this week used Conventional financing to close.  More homes closed using cash than FHA financing.  You might be able to buy more using FHA but if you can’t get it accepted it doesn’t help much.

Under contract this week

Homes that went under contract this week are up.  170 this week compared to 143 the previous week.

Fox Valley home prices September 30th-Under contract this week

Aurora-30                           Bolingbrook-10

Naperville-34                     Plainfield-23

St Charles-16   

1 short sale was accepted by a seller this week.  It was in Geneva.  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.  2 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, 1 with 48 hours, and 2 with 24 hours.

Median price of homes that went under contract this week $411,950 with 42 days average market time, last week $399,900 with 31 days average market time.

Under contract stats 093023
Under contract stats for week ending September 30th

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

2023

Month                  New   Closed   Under contract

January                 483        326                470

February               630        526                789

March                    555        558                726 

April                      710         617                755

May                       735        603                816

June                     1030       1059                926

July                        765         745                805

August                  869        988                915

September            684        621                 623

Totals                   6461      6043               6825

2022

January                 422        492                 623

February               523        520                 724

March                    734        904                890

April                     1168        966               1334

May                      1101        893                 806

June                      1295      1409                1234

July                        955        932                  908

August                  1019       1134                1062

September              730        733                 698

Totals                    7947      7983               8279

2021

January                   543       649                 829

February                 561        604                 778

March                     993       1099               1455

April                      1006        926                1387

May                       1088       1288               1289

June                        1450       1686               1671

July                         1118        1182                1210

August                    1101       1203                1170

September             1083        1411                 1251

Totals                    8943     10048               11040

Everything decreased yearly.  That is why the prices keep rising.

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

Resources

Click on everything that is bold and underlined to take you to the site for the information.   Let us know if you are looking for any other information.  We will point you in the right direction.

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

Contact us

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

Fox Valley home prices September 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 September 23rd

bhfv Cover 050623

Fox Valley home prices September 23rd.   Happy 1st day of Fall!.  Today it will be 80 but after that the temps decline.  Next week we will have 60’s for highs.

New listings this week are way down.  162 this week compared to 205 the previous week.

Closed listings are consistent.  144 this week compared to 137 the previous week.

Fox Valley home prices September 23rd

Aurora-New 26 $199,900-$620,000

             Closed-32 $142,550-$835,000

Bolingbrook-New 8 $339,900-$625,000

                      Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

                   Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

               Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

                  Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

                  Closed-15 $310,000-$1,400,000

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

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

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323
Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323
Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323
Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323
FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323
VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time.  Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323
2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly.  143 this week compared to 152 the previous week.

Fox Valley home prices September 23rd-Under contract this week

Aurora-22                       Bolingbrook-12

Naperville-18                  Plainfield-20

St Charles-10                   Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  1 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323
Under contract stats for week ending September 23rd

2023 by the month

Month                New   Closed   Under contract

January               483       326          470

February             630       526          789

March                  555       558          726

April                    710        617          755

May                     735       603          816

June                   1030      1059          926

July                      765        745          805

August                 869       988          915

September           525        416          453

Totals                 6302     5838         6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

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

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

Contact us

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

Fox Valley home prices September 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

Fox Valley home prices August 19th

bhfv Cover 050623

Fox Valley home prices August 19th.  Heat advisory for the week ahead.  Back in the 80’s the following week during the day and 60’s at night.

New listings this week are consistent.  181 this week compared to  179 the previous week.

Closed listings are also consistent.  179 this week compared to 176 the previous week.

Fox Valley home prices August 19th

Aurora-New 30 $180,000-$1,100,000

             Closed-27 $150,000-$905,000

Bolingbrook-New 12 $214,900-$600,000

                      Closed-17 $235,000-$575,000

Naperville-New 31 $339,900-$1,425,000

                   Closed-34 $316,000-$1,359,000

Oswego-New 11 $300,000-$499,900

               Closed-5 $344,444-$1,350,000

Plainfield-New 17 $314,900-$879,900

                  Closed-17 $305,000-$746,543

St Charles-New 14 $279,000-$1,250,000

                  Closed-14 $320,000-$829,000

These are the price ranges of the communities with the most activity this week.  Other communities had activity.  Look at the photo above to see the price ranges of those communities.

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

Median list price this week $429,900, last week $449,900.

Closed median price this week $435,000, last week $449,945.

Stats 081923
Stats for week ending August 19th

Conventional financing was used to close on 137 homes this week at median price $448,955 with 28 days average market time, last week 136 homes at median price $449,995 with 29 days average market time.

Conv 081923
Conventional financing used to close for week ending August 19th

Cash was used to close on 19 homes this week at median price $490,000 with 42 days average market time, last week 25 homes at median price $500,000 with 15 days average market time.

Cash 081923
Cash used to close for week ending August 19th

FHA financing was used to close on 14 homes at median price $322,500 with 19 days average market time, last week 8 homes at median price $367,500 with 39 days average market time.

FHA 081923
FHA financing used to close for week ending August 19th

VA financing was used to close on 9 homes at median price $489,000 with 12 days average market time, last week 7 homes at median price $419,900 with 49 days average market time.

VA 081923
VA financing used to close for week ending August 19th

2,000 square feet or more closed on 115 homes at median price $537,000 with 35 days average market time, last week 116 homes at median price $532,500 with 31 days average market time.  Minimum price this week $237,100, last week $233,000.

2000 SF or more 081923
2,000 SF or more for week ending August 19th

Conventional financing continues to be the way to close in the Fox Valley area.

Under contract this week

Homes that went under contract this week are consistent.  179 this week compared to 186 the previous week.

Fox Valley home prices August 19th-Under contract this week

Aurora-30                          Bolingbrook-14

Montgomery-11                 Naperville-23

Plainfield-13                      St Charles-13

Yorkville-10

2 short sales were accepted by seller’s this week.  1 each in Aurora and Sandwich.  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.  3 with a kick-out clause of 72 hours and 2 with 48 hours.

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

Homes that went under contract this week had a median price $419,900 with 31 days average market time, last week $419,900 with 36 days average market time.

Under contract stats 081923
Under contract median price for week ending August 19th

2023 by the month

Month                New   Closed   Under contract

January               483        326          470

February             630        526          789

March                  555        558          726

April                    710         617           755

May                     735         603          816

June                   1030        1059          926

July                      765          745          805

August                 545         566          559

Totals                 5453       5000        5846

At the end of the month we will also show you 2022 and 2021 so you have something to compare to.  Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois.

Resources

Click on everything that is underlined and highlighted to take you to the site for the information.  Let us know if you are looking for information not listed here.  We will be happy to point you in the right direction.

To find out what your home might sell for in this marketrequest a home valuation and we will also provide you with a net proceeds that will show you and estimate of expenses to sell.  When an offer comes in we will update it when we know all the terms.

You can sign-up for email alerts so you will receive listings as they hit the market.

Search for a home  anytime you like.  You can also keep track of what is selling in your neighborhood.

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

Contact us

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

Fox Valley home prices August 19th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices August 12th

bhfv Cover 050623

Fox Valley home prices August 12th.  It looks like a roller coaster with temps for the next couple of weeks.  Highs range from 70-88 during the day and lows from 53-72 at night.  Possible rain on Monday.

New listings are pretty consistent.  179 this week compared to 185 the previous week.

Closed listings are down.  176 this week compared to 211 the previous week.

Aurora-New 28 $187,500-$575,000

             Closed-22 $127,500-$955,000

Bolingbrook-New 14 $255,000-$525,000

                      Closed-12 $233,000-$910,000

Naperville-New 38 $299,000-$2,999,995

                   Closed-29 $270,000-$1,700,000

Plainfield-New 18 $324,900-$845,000

                  Closed-25 $245,000-$1,117,561

St Charles-New 9 $275,000-$659,000

                  Closed-22 $150,000-$1,317,000

Yorkville-New 12 $275,000-$519,990

                Closed-12 $305,000-$915,000

These are the communities with the most activity this week.  Click on the photo above to see the price ranges of other communities that also had activity.

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

Median list price this week is the same as last week $449,900.

Closed listings this week $449,945, last week $442,000.

First week of this year for week ending January 7th median list price was $399,900 and median closed price was $368,000.  What a difference!

Stats 081223
Stats for week ending August 12th

Conventional financing was used to close on 136 homes this week at median price $449,995 with 29 days average market time, last week 152 homes at median price $460,000 with 27 days average market time.

Conv 081223
Conventional financing used to close for week ending August 12th

Cash was used to close on 25 homes this week at median price $500,000 with 15 days average market time, last week 34 homes at median price $414,000 with 22 days average market time.

Cash 081223
Cash used to close for week ending August 12th

FHA financing was used to close on 8 homes this week at median price $367,500 with 39 days average market time, last week 18 homes at median price $368,950 with 9 days average market time.

FHA 081223
FHA financing used to close for week ending August 12th

VA financing was used to close on 7 homes this week at median price $419,900 with 49 days average market time, last week 6 homes at median price $347, 500 with 43 days average market time.

VA 081223
VA financing used to close for week ending August 12th

2,000 square feet or more closed on 116 homes this week at median price $532,500 with 31 days average market time, last week 145 homes at median price $515,000 with 27 days average market time.  Minimum price this week $233,000, last week $245,000.

2000 SF or more 081223
2,000 SF or more closed for week ending August 12th

Under contract this week

Homes under contract this week are consistent.  186 this week compared to 194 the previous week.

Fox Valley home prices August 12th-Under contract this week

Aurora-35                       Naperville-28

Plainfield-24                  St Charles-13

Yorkville-11

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, 1 with 48 hours, and 4 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 72 hours.

Median price of homes under contract this week $419,900 with 36 days average market time, last week $389,900 with 30 days average market time.

Under contract 081223
Under contract median price for week ending August 12th

2023 by the month

Month           New   Closed   Under contract

January          483        326            470

February        630        526            789

March             555        558            726

April               710         617            755

May                735        603            816

June               1030      1059            926

July                  765        745            805

August             364       387            380

Totals             5272      4821          5667

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.  At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare to.

Resources

Click on everything that is bold and underlined to take you to the site for the information.  If you are looking for other information not here let us know.  We will point you in the right direction.

If you are wanting to know what your home is worth in today’s market request a home valuation and we will also provide you with a net proceeds that shows you and estimate of expenses to sell.  Many factors go into this so we will update  you when an offer comes in and we know all the terms agreed to.

You can sign-up for email alerts if you want to be informed when a listing comes up with the criteria you are looking for.  You can also keep track of your neighborhood prices.

Search for  a home anytime you like.

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

Contact us

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

Fox Valley home prices August 12th.  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 5th

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Fox Valley home prices August 5th. 70 and 80’s during the day and low to mid 60’s at night for the next couple of weeks.  A few days of rain to look forward to.

New listings this week are down.  185 this week compared to 204 the previous week.

Closed listings are consistent.  211 this week compared to 212 the previous week.

Fox Valley home prices August 5th

Aurora-New 27 $134,900-$1,250,000

             Closed-21 $99,544-$821,000

Bolingbrook-New 11 $254,500-$761,649

                      Closed-17 $237,000-$530,000

Geneva-New 6 $419,900-$720,000

              Closed-10 $275,000-$1,315,000

Naperville-New 32 $349,900-$8,200,000

                   Closed-46 $370,000-$1,725,000

Oswego-New 13 $380,000-$552,407

               Closed-8 $245,000-$1,250,000

Plainfield-New 24 $325,000-$667,500

                  Closed-36 $310,000-$880,000

St Charles-New 13 $299,900-$1,600,000

                  Closed-13 $231,000-$855,000

Yorkville-New 10 $269,900-$539,900

                Closed-12 $260,000-$515,000

These are the communities with the most activity this week.  Other communities had activity as well.  Click on the photo above to see the price ranges.  You just might find a price range that works for you.

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

Median list price this week $449,900, last week $449,945.

Closed median price this week $442,000, last week $432,500.

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Stats for week ending August 5th

Conventional financing was used to close on 152 homes this week at median price $460,000 with 27 days average market time, last week 153 homes at median price $475,000 with 25 days average market time.

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Conventional financing used to close for week ending August 5th

Cash used to close on 34 homes this week at median price $414,000 with 22 days average market time, last week 28 homes at median price $400,000 with 38 days average market time.

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Cash used to close for week ending August 5th

FHA financing used to close on 18 homes this week at median price $368,950 with 9 days average market time, last week 19 homes at median price $339,900 with 30 days average market time.

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FHA financing used to close for week ending August 5th

VA financing was used to close on 6 home this week at median price $347,500 with 43 days average market time, last week 12 homes at median price $417,244 with 30 days average market time.

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VA financing used to close for week ending August 5th

2,000 Square feet or more closed on 145 homes at median price $515,000 with 27 days average market time, last week 134 homes at median price $552,666 with 34 days average market time.  Minimum price this week $245,000, last week $250,000.

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2,000 SF or more closed for week ending August 5th

72% of homes closed using Conventional financing. 

Under contract this week

Homes under contract this week are slightly up.  194 this week compared to 185 the previous week.

Fox Valley home prices August 5th-Under contract this week

Aurora-18                           Bolingbrook-21

Geneva-10                          Naperville-30

Oswego-13                         Plainfield-30

St Charles-18                      Yorkville-14

2 short sales were accepted by seller’s this week.  1 each in Bolingbrook and Plainfield.  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 and 3 with 48 hours.

Also,  seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  3 with a kick-out clause of 48 hours and 1 that does not let us know.

Homes that went under contract this week had a median price of $389,900 with 30 days average market time, last week $419,900 with 28 days average market time.

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Under contract stats for week ending August 5th 

2023 by the month 

Month           New   Closed   Under contract

January          483        326           470

February        630        526           789

March             555        558           726

April               710         617            755

May                735        603            816

June              1030       1059            926

July                 765         745            805

August            185         211             194

Totals           5093       4645          5481

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 2022 and 2021 so you have something to compare to.

Resources

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

If you would like to know what your home might sell for in today’s market request a home valuation and we will also provide you with an estimate of expenses to sell so you know what you might walk away with.

You can sign-up for email alerts so you can see homes when they hit the market.

Search for a home anytime even if it is just to keep an eye on the prices in your neighborhood.

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

Contact us

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

Fox Valley home prices August 5th.  Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-6503-6555 Ext 101