Fox Valley home prices October 19th

Posted on October 19, 2024October 19, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 19th

Fox Valley home prices October 19th. It is going to be a gorgeous weekend with temperatures in the mid 70’s to lower 80’s. The week ahead should be in the mid 60’s to lower 70’s.

New listings are consistent. 214 this week compared to 219 the previous week.

Closed listings are slightly down. 150 this week compared to 168 the previous week.

Here are the communities with the most activity this week and their price ranges.

Aurora-New 23 $149,900-$849,000

Closed-18 $160,000-$550,000

Bolingbrook-New 14 $264,900-$715,000

Closed-10 $255,000-$540,000

Elgin-New 24 $175,000-$674,900

Closed-19 $205,000-$1,395,000

Naperville-New 33 $340,000-$1,795,000

Closed-22 $365,000-$2,360,000

North Aurora-New 12 $299,999-$730,000

Closed-2 $428,000-$603,476

Plainfield-New 20 $194,900-$747,000

Closed-13 $339,900-$616,226

St Charles-New 15 $299,900-$899,900

Closed-11 $250,000-$990,000

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

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

Median list price this week $439,250, last week $460,000.

Closed median price $420,250, last week $431,500.

Stats 101924 — Stats for week ending October 19th

Conventional financing was used to close on 109 homes this week at median price $447,700 with 44 days average market time, last week 125 homes at median price $450,000 with 30 days average market time.

Conv 101924 — Conventional financing used to close for week ending October 19th

Cash was used to close on 18 homes this week at median price $415,000 with 23 days average market time, last week 22 homes at median price $407,500 with 29 days average market time.

Cash 101924 — Cash used to close for week ending October 19th

FHA financing was used to close on 17 homes this week at median price $360,000 with 24 days average market time, last week 13 homes at median price $329,999 with 30 days average market time.

FHA 101924 — FHA financing used to close for week ending October 19th

VA financing was used to close on 4 homes this week at median price $452,250 with 29 days average market time, last week 6 homes at median price $312,500 with 22 days average market time.

VA 101924 — VA financing used to close for week ending October 19th

2,000 SF or more closed on 80 homes this week at median price $515,000 with 53 days average market time, last week 101 homes at median price $525,000 with 35 days average market time. Minimum price this week $300,000, last week $230,000.

2000 SF or more 101924 — 2,000 SF or more closed for week ending October 19th

We continue on the trend that most homes are closed using conventional financing in our area.

Under contract this week

Homes that went under contract were down. 174 this week compared to 191 the previous week.

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

Aurora-18 Elgin-18

Naperville-21 Oswego-15

Plainfield-28 St Charles-13

Click on the photo to see other communities that seller’s accepted contracts this week.

2 short sales were accepted by seller’s this week. 1 was in Plainfield and 1 was in Sugar Grove. 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, 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, 2 with 48 hours, and 1 with 24 hours.

Under contract media price this week $442,450 with 47 days average market time, last week $420,321 with 43 days average market time.

Under contract stats 101924 — Under contract stats for week ending October 19th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 664 527 542

Totals 8342 7316 8014

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

At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

Take a look at some resources that might interest you. Click on everything that is bold and underlined to take you to the information.

You might also want torequest a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices October 19th. 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 12th

Posted on October 12, 2024October 12, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 12th

Fox Valley home prices October 12th. Today is the last day in the 70’s for a while. It will be in the 60’s this next week.

New listings this week are down slightly. 219 this week compared to 231 the previous week.

Closed listings are down. 168 this week compared to 209 the previous week.

Aurora-New 16 $139,900-$719,000

Closed-26 $169,000-$555,000

Batavia-New 12 $475,000-$719,907

Closed-2 $235,000-$324,000

Bolingbrook-New 14 $340,000-$1,395,000

Closed-4 $201,000-$341,000

Elgin-New 18 $195,000-$750,000

Closed-12 $124,000-$690,000

Naperville-New 28 $350,000-$1,599,000

Closed-25 $425,000-$1,750,000

Oswego-New 11 $295,000-$669,000

Closed-10 $261,000-$680,000

Plainfield-New 52 $245,000-$899,000

Closed-26 $275,000-$678,983

St Charles-New 13 $259,000-$1,350,000

Closed-12 $270,000-$785,000

Take a look at Plainfield!

These are the communities with the most activity this week. Other communities had activity as well. Take a look at their price ranges in the photo above.

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

Median list price this week $460,000, last week $450,000.

Closed median price this week $431,500, last week $430,000.

Stats 101224 — Stats for week ending October 12th

Conventional financing was used to close on 125 homes this week at median price $450,000 with 30 days average market time, last week 155 homes at median price $449,000 with 28 days average market time.

Conv 101224 — Conventional financing used to close for week ending October 12th

Cash was used to close on 22 homes this week at median price $407,500 with 29 days average market time, last week 33 homes at median price $390,000 with 54 days average market time.

Cash 101224 — Cash used to close for week ending October 12th

FHA financing was used to close on 13 homes this week at median price $329,999 with 30 days average market time, last week 14 homes at median price 325,000 with 24 days average market time.

FHA 101224 — FHA financing used to close for week ending October 12th

VA financing was used to close on 6 homes this week at median price $312,500 with 22 days average market time, last week 6 homes at median price $497,500 with 14 days average market time.

VA 101224 — VA financing used to close for week ending October 12th

2,000 SF or more closed on 101 homes this week at median price $525,000 with 35 days average market time, last week 128 homes at median price $520,000 with 39 days average market time. Minimum price this week $230,000, last week $253,000.

2000 SF or more 101224 — 2,000 SF or more closed for week ending October 12th