Fox Valley home prices February 18th

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Fox Valley home prices February 18th.  New listings, closed listings, median prices, financing used to close, under contract, 2023 by the month, and some great resources.

New listings this week are up.  169 this week compared to 106 the previous week.

Closed listings are slightly up.  88 this week compare to 80 the previous week.

Fox Valley home prices February 18th

Aurora-New 24 $149,900-$749,000

             Closed-16 $130,000-$520,458

Bolingbrook-New 10 $265,000-$674,900

                    Closed-8 $227,000-$330,000

Naperville-New 30 $275,000-$12,750,000

                  Closed-10 $290,000-$3,075,000

Oswego-New 12 $324,500-$1,299,000

              Closed-7 $211,700-$455,000

Plainfield-New 25 $279,000-$683,910

                 Closed-16 $216,000-$635,968

Click on the photo above to see other communities with activity this week.

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

Median list price this week $399,990, last week $399,949.

Closed median price this week $339,000, last week $346,250.

Stats 021823
Stats for week ending February 18th

Conventional financing used to close on 61 homes this week at median price $355,000 with 65 days average market time, last week 55 homes at median price $345,500 with 48 days average market time.

Conv 021823
Conventional financing used to close for week ending February 18th

Cash was used to close on 19 homes this week with a median price of $270,000 with 69 days average market time, last week 13 homes at median price $435,000 with 34 days average market time.

Cash 021823
Cash used to close for week ending February 18th

FHA financing was used to close on 6 homes this week at median price $306,500 with 72 days average market time, last week 8 homes at median price $242,500 with 50 days average market time.

FHA 021823
FHA financing used to close for the week ending February 18th

VA financing was used to close on 1 house this week $423,990 with 53 days average market time, last week 4 homes at median price $487,000 with 48 days average market time.

VA 021823
VA financing used to close for week ending February 18th

2,000 square feet or more close on 51 homes this week at median price $450,000 with 63 days average market time, last week 40 homes at median price $475,000 with 55 days average market time.  Minimum price this week $108,000, last week $190,100

2000 SF or more 021823
2,000 SF or more closed for week ending February 18th

Conventional financing continues to be the financing  to chose.

Homes under contract this week

Homes that went under contract this week are consistent.  152 this week compared to 159 the previous week.

Fox Valley home prices February 18th-Under contract this week

Aurora-21                             Naperville-31

Oswego-14                            Plainfield-20

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

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. 4 with a kick-out clause of 48 hours and 2 with 24 hours.

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

Median price of homes that went under contract this week $391,950 with 54 days average market time, last week median price $369,900 with 58 days average market time.

Under Contract Stats 021823
Under contract stats for week ending February 18th

2023 by the month

Month            New   Closed   Under contract

January                 483        326           470

February               383        279           476

Totals             866     605       946

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 show you 2022 and 2021 so you can see how this year is going.

Resources

Click on each bullet point to take you to the information.

Check with your loan office to see what interest rate you will be offered.  It depends on your credit score and other information they will provide to you.

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 February 18th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

Fox Valley residential market January 14th

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Fox Valley residential market January 14th.  I hope you are enjoying this mild January weather.  I know I am.

New residential listings are slightly up.  114 this week compared to 108 the previous week.

Closed residential listing are also slightly up.  89 this week compared to 70 the previous week.

Fox Valley residential market January 14th

Aurora-New 14 $90,000-$529,198

             Closed-14 $160,000-$490,000

Naperville-New 18 $350,000-$3,500,000

                   Closed-16 $405,000-$885,000

Plainfield-New 18 $265,000-$659,999

                  Closed-19 $225,150-$653,400

St Charles-New 13 $253,850-$750,000

                  Closed-6 $515,000-$1,055,000

Click on the photo above to see other communities that had activity this week.  

If you would like me to give you the statistics for the community you are looking in, just let me know.  We can scale all the way down to the neighborhood.

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

Median list price this week $414,900, last week $399,900.

Closed median price this week $399,000, last week $368,000

Stats 011423 Stats for week ending January 14th

Conventional financing was used to close on 66 homes at median price $445,000 with 44 days average market time, last week 54 homes at median price $372,500 with 52 days average market time.

Conv 011423 Conventional financing used to close for week ending January 14th

Cash was used to close on 8 homes this week at median price $387,500 with 27 days average market time, last week  also 8 homes at median price $435,500 with 42 days average market time.

Cash 011423 Cash used to close for week ending January 14th

FHA financing was used to close on 12 homes this week at median price $301,200 with 55 days average market time, last week 5 homes at median price $255,000 with 57 days average market time.

FHA 011423 FHA financing used to close for week ending January 14th.

VA financing was used to close on 2 homes this week at median price $349,495 with 80 days average market time, last week also 2 homes at median price $395,445 with 11 days average market time.

VA 011423 VA financing was used to close for week ending January 14th.

2,000 square feet or more closed on 57 homes at median price $517,000 with 55 days average market time, last week 38 homes at median price $447,500 with 57 days average market time.  Minimum price this week $279,000, last week $258,500.

2000 SF or more 011423 2,000 SF or more closed for week ending January 14th.

Conventional financing continues to be the most used way to close on a home.

Slightly more than half of the homes sold this week are at least 2,000 SF or more.

Contracts accepted this week

Contracts accepted this week by seller’s is up this week.  114 this week compared to 76 the previous week.

Fox Valley residential market January 14th-Contracts accepted this week

Aurora-10                      Naperville-16

Plainfield-23

Seller’s in other communities accepted contracts this week. Click on the photo to see more.  We just highlighted the ones with the most activity.

1 short sale was accepted by a seller this week.  It was in North Aurora.  It will now 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 and 2 with 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 72 hours.

Median price of homes that went under contract this week $349,950 with 67 days average market time, last week the median price was $349,750 with 75 days average market time.

Contingent Stats 011423 Median price under contract for week ending January 14th

2023 by the month

Month              New   Closed   Contract accepted

January             222       159             190

Check back with us every Saturday for the residential real estate market update.  At the end of each month we will also take a look back at 2022 and 2021 so you can compare.

Resources

Click on all the bullet points that are bold and underlined to take you to the site for the information.

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

We can recommend real estate attorney’s, home inspector’s, termite inspectors,  and places that do radon tests.   Some home inspectors also do them.

All data provided today is downloaded from our MLS, MRED, LLC.  The data changes throughout the day as Realtors® upload their information.

Contact us

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

Fox Valley residential market January 14th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

Fox Valley home prices December 3rd

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Fox Valley home prices December 3rd.  It was a little busy yesterday so I didn’t get this posted.

We will show you the communities with the most activity listing prices, closed prices, contracts accepted this week, median prices, financing used, and 2022 by the month and a look back at 2021 and 2020 so you can see how this year is going.  Resources for you to check out.

New listings this week were up.  105 this week compared to 80 the previous week.

Closed listings were also up.  177 this week compared to 112 the previous week.

Aurora-New 17 $89,900-$795,000

             Closed-24 $205,000-$840,000

Bolingbrook-New 9 $214,900-$781,170

                      Closed-12 $200,000-$711,545

Geneva-New 2 $389,900-$825,000

              Closed-11 $195,000-$950,000

Naperville-New 18 $440,000-$1,995,000

                   Closed-24 $226,000-$1,465,000

Oswego-New 6 $379,900-$525,000

               Closed-11 $240,000-$659,500

Plainfield-New 16 $199,000-$1,199,900

                 Closed-23 $270,000-$616,000

St Charles-New 4 $239,000-$700,000

                  Closed-13 $242,000-$1,700,001

Yorkville-New 1 $525,000

                Closed-11 $230,000-$702,600

Click on the photo above to see the communities that also had activity.

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

Median list price this week $392,495, last week $364,950.

Closed median price this week $380,000, last week $382,495.

Stats 120322
Stats for week ending December 3rd

Conventional financing was used to close on 122 homes this week at median price $407,500 with 45 days average market time, last week 79 homes at median price $415,000 with 35 days average market time.

Conv 120322
Conventional financing used to close for week ending December 3rd

Cash was used to close on 22 homes this week at median price $352,250 with 34 days average market time, last week 9 homes at median price $475,000 with 26 days average market time.

Cash 120322
Cash used to close for week ending December 3rd

FHA financing was used to close on 27 homes this week at median price $310,556 with 41 days average market time, last week 19 homes at median price $300,000 with 47 days average market time.

FHA 120322
FHA financing was used to close for week ending December 3rd

VA financing was used to close on 5 homes this week at median price $438,000 with 23 average market time, last week also 5 homes at median price $340,000 with 34 days average market time.

VA 120322
VA financing used to close for week ending December 3rd

2,000 square feet or more closed on 103 homes this week at median price $471,845 with 49 days average market time, last week 69 homes at median price $460,000 with 34 days average market time.  Minimum price this week $240,000, last week $267,000.

2000 SF or ore 120322
2,000 SF or more closed for week ending December 3rd

Contracts accepted this week

Contracts accepted this week were down.  112 this week compared to 132 the previous week.

Fox Valley home prices December 3rd-Contracts accepted this week

Aurora-28                        Naperville-12

Plainfield-18

Take a look at the photo above for the other communities with activity.

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

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

Median price that went under contract this week $349,900 with 64 days average market time, last week $375,000 with 54 days average market time.

Contingent Stats 120322
Homes that went under contract this week

2022 by the month and a look back at 2021 and 2020

2022

Month                 New   Closed    Contracts accepted

January                422       492                623

February              523       520                724

March                  734        904               890

April                   1168        966              1334

May                    1101        893                806

June                    1295      1409               1234

July                      955        932                908

August                1019      1134               1062

September           730        733                698

October                699        612                646

November            574        764                624

Totals                 9220     9359              9549

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

November           557        854                  931

Totals              10223      11875              12901

2020

January              1105       566                  858

February            1267       529                 1024

March                 1186       707                  1079

April                    648       786                   775

May                   1352      1010                 1444

June                   1232       908                  1534

July                    1417      1453                  1852

August              1037      1335                  1436

September         1176      1503                  1503

October              843       1116                   1159

November          567        985                    699

Totals             11830     10898                 13363

There were 2610 more new listings in 2020 than this year. 

For November it is pretty consistent all 3 years.

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

Resources

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

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

You can connect with us on Facebook and search for homes there as well.  Click on the “shop now” button and search anywhere in Illinois.

All data provided was downloaded yesterday morning 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 December 3rd.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail

Fox Valley home prices November 26th

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Fox Valley home prices November 26th.  I hope everyone enjoyed a Happy Thanksgiving with family and friends.  It is a short week this week since the holiday.

We will update you on how many new listings, closed, contracts accepted, 2022 by the month, resources, and how to get in touch with us.

New listings are down.  80 this week compared to 126 the previous week.

Closed listings were also down.  112 this week compared to 176 the previous week.

Fox Valley home prices November 26th

Aurora-New 25 $95,000-$672,900

             Closed-15 $172,500-$618,000

Bolingbrook-New 6 $299,000-$424,900

                      Closed-10 $240,000-$887,939

Naperville-New 5 $340,000-$1,019,000

                   Closed-17 $301,000-$1,400,000

Plainfield-New 13 $260,000-$740,900

                 Closed-18 $290,000-$650,000

Other communities had activity this week.  We are just highlighting the ones with the most activity.  Look at photo above for other community activity and prices.

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

Median list price this week $364,900, last week $392,449.

Closed median price this week $382,495, last week $401,500.

Stats 112622
Stats for week ending November 26th

Conventional financing was used to close on 79 homes this week at median price $415,000 with 35 days average market time, last week 128 homes with median price $415,750 with 40 days average market time.

Conv 112622
Conventional financing used to close for week ending November 26th

Cash was used to close on 9 homes this week with a median price $475,000 with 26 days average market time, last week 26 homes at median price $415,500 with 28 days average market time.

Cash 112622
Cash used to close for week ending November 26th

FHA financing was used to close on 19 homes this week at median price $300,000 with 47 days average market time, last week 16 homes at median price $296,250 with 29 days average market time.

FHA 112622
FHA financing used to close for week ending November 26th

VA financing was used to close on 5 homes this week with median price $340,000 with 34 days average market time, last week 6 homes with median price $359,949 with 27 days average market time.

VA 112622
VA financing used to close for week ending November 26th

2,000 square feet or more closed on 69 homes at median price $460,000 with 34 days average market time, last week 108 homes at median price $484,750 with 38 days average market time.  Minimum price this week closed at $267,000, last week minimum price was $280,000.

2000 SF or more 112622
2,000 SF or more closed for week ending November 26th

Conventional financing continues to be the choice for loans.

Contracts accepted this week

Contracts accepted this week are consistent even in a short week.  132 this week compared to 128 the previous week.

Fox Valley home prices November 26th-Contracts accepted this week

Aurora-27                 Naperville-23

Plainfield-20            St Charles-10

Other communities had activity.  We are just highlighting the ones with the most activity.  Look at picture above for communities with activity.

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

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

Median price of homes that went under contract this week $375,000 with 54 days average market time, last week median price $331,450 with 40 days average market time.

Contingent Stats 112622
Homes that went under contract for week ending November 26th

2022 by the month

Month                     New   Closed   Contracts accepted

January                    422       492            623

February                  523       520            724

March                       734       904           890

April                        1168       966          1334

May                         1101       893           806

June                         1295     1409          1234

July                           955       932           908

August                    1019       1134         1062

September                730        733          698

October                     699        612          646

November                 469        587          512

Totals                       9155      9182        9437

All the numbers are pretty tight. No extra new listings hanging around.  They are getting sold.

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 look back at 2021 and 2020 so you can see how this year compares.  We will do this next week.  Monday and Tuesday should have a lot of closings because of the holiday this week.

Resources

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

Check with your loan officer for the interest rate you will be offered.  It depends on your credit score and other things that they will explain to you.

IHDA programs might not be offering anything right now, but  I am leaving it there just in case they start another program.

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

You can also connect with us onfacebook and search for homes there by clicking on the “shop now” button.

Contact us

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

Fox Valley home prices November 26th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Kriss Picture 012819 3 Thumb nail 

Fox Valley home prices November 19th

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Fox Valley home prices November 19th.  We have had snow flurries the last few days here in the Fox Valley area of Illinois.  Nothing that sticks though.  Today should be the coldest day and then temperatures will go up and should be 52° by Thanksgiving Day.

We will highlight the communities with the most activity for new and closed prices, financing used, median prices, contracts accepted this week, and 2022 by the month.

New listings this week were pretty consistent.  126 this week compared to 122 the previous week.

Closed listings were up.  176 this week compared to 117 the previous week.

Fox Valley home prices November 19th

Aurora-New 19 $167,500-$589,000

             Closed-25 $125,000-$530,000

Bolingbrook-New 9 $249,900-$550,000

                      Closed-16 $210,000-$816,929

Geneva-New 3 $310,000-$355,000

              Closed-13 $270,000-$740,000

Naperville-New 25 $317,999-$1,699,900

                   Closed-23 $301,000-$981,000

Plainfield-New 17 $214,900-$646,549

                  Closed-25 $200,000-$1,232,271

St Charles-New 7 $225,000-$525,000

                   Closed-11 $370,000-$965,000

Take a look at the photo above for activity in other communities this week.

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

Median list price this week $392,449, last week $375,000

Closed median price this week $401,500, last week $358,000

Stats 111922
Stats for week ending November 19th

Conventional financing was used to close 128 homes at median price $415,750 with 40 days average market time, last week 76 homes at median price $375,806 with 40 days average market time.

Conv 111922
Conventional financing used to close for week ending November 19th

Cash was used to close on 26 homes this week at median price $415,500 with 28 days average market time, last week 17 homes at median price $345,000 with 97 days average market time.

Cash 111922
Cash used to close for week ending November 19th

FHA financing was used to close 16 homes this week at median price $296,250 with 29 days average market time, last week 18 homes at median price $305,955 with 41 das average market time.

FHA 111922
FHA financing used to close for week ending November 19th

VA financing was used to close on 6 homes this week at median price $359,949 with 27 days average market time, last week 3 homes at median price $385,000 with 5 days average market time.

VA 111922
VA financing used to close for week ending November 19th

2,000 square feet or more closed on 108 homes this week at median price $484,750 with 38 days average market time, last week 66 homes at median price $459,995 with 48 days average market time.  Minimum price this week for a 2,000 SF or more was $280,000, last week $235,000.

2000 SF or more 111922
2,000 SF or more closed for week ending November 19th

Conventional financing continues to be the financing most seller’s are looking for and buyer’s are using. 

2022 by the month

Month                     New   Closed   Contracts accepted

January                    422       492               623

February                  523       520               724

March                       734      904               890

April                        1168      966              1334

May                         1101      893               806

June                         1295    1409              1234

July                           955      932               908

August                    1019     1134              1062

September               730       733               698

October                    699       612               646

November                389       475               380

Totals                     9035     9070             9305

New listings are getting lower and they are selling.  If you need to sell it is still a good time.

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look back at 2021 and 2020 so you can see how this year is going.

Resources

Click on everything that is bold and underlined.  It will take you to the site for the information.  We try to share the information that you might be looking for.  If there is other information that is not listed here let us know and we will point you in the right direction.

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

Now is a good time to check into down payment assistance and IHDA programs.

Connect with us onFacebook you can also search for a home there by clicking on “shop now.”

All data provided today is from our Multiple listing service, MRED, LLC.  It changes continuously throughout the day as agents upload their information of new listings, price changes, contract accepted or back on the market.

Contact us

Call us at 630-503-6555.  Your goal is our goal.

Fox Valley home prices November 19th.  Have a Happy Thanksgiving!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 24th

Fox Valley home prices September 24th.  We will show you the home prices for new listings, closed, contracts accepted, median prices, financing used and 2022 by the month.

New listings this week were up.  185 this week compared to 160 the previous week.

Closed listings were consistent.  172 this week compared to 177 the previous week.

Fox Valley homes prices September 24th

Aurora-New 20 $185,000-$719,000

             Closed-21 $122,000-$680,000

Bolingbrook-New 12 $165,000-469,000

                      Closed-20 $234,500-$775,000

Geneva-New 12 $255,000-$825,000

              Closed-11 $325,000-$707,100

Naperville-New 21 $322,000-$1,600,000

                   Closed-19 $315,000-$1,065,000

Plainfield-New 20 $237,000-$1,175,000

                  Closed-25 $255,900-$1,550,000

St Charles-New 21 $275,000-$1,699,000

                  Closed-10 $315,000-$925,000

Yorkville-New 14 $249,900-$595,000

                Closed-12 $189,000-$740,000

These are the communities with the most activity this week.  You can click on the photo above to see other communities that also had activity.

You might want to adjust what community you are looking in based on price ranges.

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

Median price this week $399,000, last week $389,900

Closed median price this week $385,450, last week $385,000

Stats 092422
Stats for week ending September 24th

Conventional financing was used to close on 121 homes this week at median price $400,000 with 27 days average market time, last week 121 homes at median price $399,122 with 28 days average market time.

Conv 092422
Conventional financing used to close for week ending September 24th

Cash was used to close on 23 homes at median price $440,000 with 32 days average market time, last week 27 homes at median price $424,500 with 38 days average market time.

Cash 092422
Cash used to close for week ending September 24th

FHA financing was used to close on 22 homes at median price $315,000 with 24 days average market time, last week 27 homes at median price $295,000 with 26 days average market time.

FHA 092422
FHA financing used to close for week ending September 24th

VA financing was used to close on 5 homes at median price $290,000 with 15 days average market time, last week 3 homes at median price $414,000 with 24 days average market time.

VA 092422
VA financing used to close for week ending September 24th

86 homes closed that were at least 2,000 square feet or more at median price $490,000 with 33 days average market time, last week 100 homes at median price $450,000 with 30 days average market time.  Minimum price for 2,000 SF or more this week $234,000, last week $280,000.

2000 SF or more 092422
2,000 SF or more closed for week ending September 24th

Contracts accepted this week

Contracts accepted this week  were up.  190 this week compared to 169 the previous week.

Fox Valley home prices September 24th-Contracts accepted this week

Aurora-42                            Montgomery-14

Naperville-24                      Plainfield-28

St Charles-14                       Yorkville-11

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

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.  4 with a kick-out clause of 72 hours, 2 with 48 hours, and 2 with 24 hours.

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

Median price for homes that went under contract this week $367,450 with 50 days average market time, last week median price $364,900 with 41 days average market time.

Contingent Stats 092422
Median price of homes that went under contract for week ending September 24th

2022 by the month

Month                    New   Closed   Contracts accepted

January                   422       492               623

February                 523       520               724

March                     734       904               890

April                      1168       966              1334

May                       1101       893               806

June                       1295     1409              1234

July                         955       932               908

August                  1019      1134              1062

September              561       486                530

Totals                    7778      7736               8111

So far in September there is more new listings than closed, but almost the same that went under contract.  When this triangle shifts prices will either go up or down.

Next week is the last week of the month so we will also take a look back at 2021 and 2020 to compare how this year is going.

Check back with us every Saturday for the market update here in 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 other information not listed.  We would be happy to point you in the right direction.

Check with your loan officer to see what rate you will be offered.  It depends on your credit score.

To begin searching for a home you need to get pre-qualified with a loan officer, and it is best if you go ahead and get approved so you know when you do find a home that there will be no problems with the loan if it appraises out and no title issues.  No last minute issues.

It is still a good time to sell.  Let us know if you have questions.

You can also connect with us on Facebook and if you click on the “shop now” you can search for homes there.

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

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Fox Valley home prices September 24th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

 

Fox Valley home prices September 17th

Fox Valley home prices

Fox Valley home prices September 17th.  We will update you on the new listings, closed, contracts accepted, median prices, and financing used for the Fox Valley area of Illinois.  We will also take a look back at 2022 by the month.

New listings are down.  160 this week compared to 216 the previous week.

Closed listings are up.  177 this week compared to 137 the previous week.

Fox Valley home prices September 17th

Aurora-New 25 $155,000-$590,000

             Closed-29 $106,500-$493,100

Bolingbrook-New 11 $254,000-$849,000

                      Closed-21 $250,000-$623,938

Naperville-New 17 $323,900-$1,995,000

                   Closed-26 $255,000-$800,000

Plainfield-New 22 $209,900-$929,000

                 Closed-22 $213,900-$600,000

St Charles-New 10 $329,900-$749,900

                  Closed-9 $220,000-$709,442

These are just the communities with the most activity this week.  Click on the photo above to see the other communities that also had activity.  If price is your biggest factor this might help you decide which community to take a look at.

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

Median list price this week $389,900, last week $389,999.

Closed median price this week $385,000, last week $382,500.

Stats 091722
Stats for week ending September 17th

Conventional financing was used to close on 120 homes this week at median price $399,122 with 28 average market time, last week 102 homes at median price $390,000 with 29 days average market time.

Conv 091722
Conventional financing used to close for week ending September 17th

Cash was used to close on 27 homes this week at median price $424,500 with 38 days average market time, last week 16 homes at median price $454,120 with 16 days average market time.

Cash 091722
Cash used to close for week ending September 17th

FHA financing was used to close on 27 homes at median price $295,000 with 26 days average market time, last week 16 homes at median price $272,000 with 54 days average market time.

FHA 091722
FHA financing used to close for week ending September 17th

VA financing was used to close on 3 homes this week at median price $414,000 with 24 days average market time, last week also 3 homes at median price $335,000 with 20 days average market time.

VA 091722
VA financing used to close for week ending September 17th

Homes that were at least 2,000 square feet or more closed on 100 homes at median price $450,000 with 30 days average market time, last week 80 homes at median price $470,000 with 28 days average market time.  Minimum price this week $280,000, last week $223,650.

2000 SF or more 091722
Homes that were at least 2,000 SF or more closed for week ending September 17th

Contracts accepted this week

Contracts accepted this week were pretty consistent.  169 this week compared to 171 the previous week.

Fox Valley home prices September 17th-Contracts accepted this week

Aurora-26                             Bolingbrook-15

Geneva-13                            Naperville-17

Plainfield-18                        St Charles-19

Other communities had contracts accepted.  Please click on the photo 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. 2 with a kick-out clause of 72 ours and also 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 1 that is not marked  for timing of the kick -out clause.

Median list price of homes that went under contract this week $364,900 with 41 days average market time, last week median list price $385,900 with 47 days average market time.

Contingent Stats 091722
Stats for homes that went under contract for week ending September 17th

2022 by the month

Month                      New   Closed   Contracts accepted

January                     422       492              623

February                   523       520              724

March                       734       904              890

April                        1168       966             1334

May                         1101       893              806

June                         1295     1409             1234

July                           995       932              908

August                    1019      1134             1062

September               376        314               340

Totals                     7633     7564              7921

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look back at 2021 and 2020 so you can compare and see how this year is going.

Resources

Click on each item that is bold and underlined and it will take you to the information.

If there is other information that you are looking for let us know.  We will be happy to point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.

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

Connect with us on Facebook you can click on the “shop now” button and search anywhere you want anytime.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

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

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kriss New profile for FB 123121

Fox Valley home prices June 4

Fox Valley Home Prices April 23

Fox Valley home prices June 4.  I am a day late getting this posted.  All the information was downloaded yesterday though.  It has been busy.

New listings of single family homes were up.  279 this week compared to 243 the previous week.

Closed listings were also up.  306 this week compared to 252 the previous week.

Fox Valley home price June 4

Take a look at the communities with the most activity this week:

Aurora-New 43 $179,900-$700,000

             Closed-39 $157,500-$622,000

Batavia-New 12 $199,000-$676,108

              Closed-10 $244,600-$580,000

Bolingbrook-New 16 $259,900-$495,900

                      Closed-15 $237,500-$759,000

Geneva-New 12 $229,000-$921,500

              Closed-12 $288,000-$1,081,521

Naperville-New 54 $300,000-$1,895,000

                  Closed-67 $290,000-$1,600,000

Oswego-New 11 $264,000-$2,399,000

               Closed-25 $245,000-$631,000

Plainfield-New 32 $220,000-$1,550,000

                 Closed-39 $205,000-$680,000

St Charles-New 25 $235,000-$1,000,000

                  Closed-19 $210,000-$751,000

West Chicago-New 11 $250,000-$1,500,000

                        Closed-8 $293,000-$665,000

Yorkville-New 12 $320,000-$520,000

                Closed-7 $270,000-$550,000

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

Median price this week $400,000, last week $399,999.

Closed median price this week $410,000, last week  also $410,000

Stats 060422
Stats for week ending June 4

Conventional financing was used to close on 251 homes this week at a median price $430,000 with 12 days average market time, last week 194 homes at median price of $427,550 with 30 days average market time.

Conv 060422
Conventional financing use to close for week ending June 4

Cash was used to close on 18 homes this week at a median price of $391,250 with 13 days average market time, last week 17 homes at a median price of $328,000 with 12 days average market time.

Cash 060422
Cash used to close for week ending June 4

FHA financing was used to close on 19  homes this week at a median price of $310,000 with 24 days average market time, last week 17 homes at median price of $328,000 with 12 days average market time.

FHA 060422
FHA financing used to close for week ending June 4

VA financing used to close on 15 homes at a  median price of $383,000 with 51 days average market time, last week 6 homes at median price of $390,000 with 6 days average market time.

VA 060422
VA financing used to close for week ending June 4

Buyer’s looking for homes that are at least 2,000 square feet or more closed on 193 homes at a median price of $480,000 with 16 days average market time, last week 157 homes at a median price of $500,000 with 29 days average market time.  The minimum price for a home that was at least 2,000 square feet or more was $155,000, last week $255,000.

2000 SF or more 060422
Homes that are at least 2,000 SF or more for week ending June 4

Contracts accepted this week

Contracts accepted this week were down.  218 this week compared to 275 the previous week.

Fox Valley home prices June 4-Contracts accepted this week

Look at the communities seller’s accepted the most contracts this week:

Aurora-41                           Bolingbrook-14

Naperville-42                    Plainfield-28

St Charles-14                     Yorkville-10

No short sales went under contract 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 2 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home.  2 with a kick-out clause of 48 hours and 1 that we don’t know the time frame.

The median price of homes under contract this week is $399,450 with 20 days average market time, last week the median price was $399,900 with 17 days average market time.

Contingent Stats 060422

2022 by the month

Month                 New   Closed   Contracts accepted

January               422        492             623

February             523        520             724

March                 734        904             890

April                  1168        966            1334

May                   1101        893             806

June                    279        306             218

Totals               4227      4081           4595

More new listings than closed is a good sign that things are changing slightly.  Prices are still increasing and inventory is low, but we hope June continues to increase the amount of listings of homes for sale.

Check back with us every Saturday for the real estate market update.  We are late this week but try not to be.  At the end of each month we will take a look back at 2021 and 2020 so you can see how this year is going.

Resources

Everything that is bold and underlined you can click on and it will take you to the site for the information.  If there is other information you are looking for not here please let us know and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  If you need to bring up your score they can help you with that.

Request a home valuation if you are thinking about selling your home.  Give is a little information about your home and what has been updated.  Let us know the best way to get in touch with you and we will give you an estimate of what it is worth in today’s market.  You will also get an estimate of expenses to sell.  This will be updated when an offer comes in and we know all the details.

If you are wanting to buy a home you need to get in touch with a loan officer and get them all your financial information and have them put you through underwriting so you are approved for a loan.  It is not enough to just get pre-approved right now.  You will be up against multiple offers so you want to be in the best position to win.

You can sign-up for email alerts so you don’t miss out on anything coming on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you need recommendations for loan officers, real estate attorney, or home inspector we can give you a few to contact and choose who you want to work with.

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

Fox Valley home prices June 4.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices May 21

Fox Valley Home Prices April 23

Fox Valley home prices May 21.  We will take a look at what happened in the Fox Valley over the week.  New listings, Closed, median prices, financing most used, homes that went under contract, resources, and 2022 by the month.  No fluff.  Just the data that we hope will help you get to know the Fox Valley real estate market.

New listings were consistent.  307 this week compared to 296 the previous week.

Closed listings were up.  218 this week compared to 182 the previous week.

Fox Valley home prices May 21

Take a look at the communities with the most activity this week:

Aurora-New 51 $165,900-$849,000

             Closed-33 $130,000-$875,000

Bolingbrook-New 31 $159,900-$731,096

                    Closed-13 $220,000-$855,000

Geneva-New 14 $250,000-$1,100,000

             Closed-7 $310,000-$560,000

Montgomery-New 10 $224,900-$369,900

                     Closed-6 $310,000-$385,000

Naperville-New 62 $319,000-$2,750,000

                 Closed-36 $355,000-$1,549,000

Oswego-New 9 $309,900-$1,250,000

              Closed-14 $322,000-$475,000

Plainfield-New 41 $220,000-$1,299,900

                Closed-29 $294,900-$682,500

St Charles-New 28 $279,900-$1,500,000

                  Closed-13 $175,000-$890,000

West Chicago-New 11 $199,900-$1,575,000

                       Closed-7 $225,000-$570,000

Yorkville-New 5 $254,500-$850,000

               Closed-11 $212,000-$575,000

If the communities you are looking at do not have the price range you are looking for, you might need to expand where you are looking.

We just highlighted the communities with the most activity.  Look at the picture above to see other communities that had lower activity.

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

Median list price this week $425,000, last week $415,000

Closed median price this week $405,000, last week $395,000

Stats 052122
Median list and closed price for week ending May 21

Conventional financing was used to close 153 homes this week with a median price of $435,000 and 13 days average market time., last week 124 at median price of $425,000 and 23 days average market time.

Conv 052122
Conventional financing used to close for week ending May 21

Cash was used to close on 36 homes this week with a median price of $405,000 and 15 days average market time, last week 24 homes at  a median price of $402,500 and 17 days average market time.

Cash 052122
Cash used to close for week ending May 21

FHA financing was used to close on 18 homes with a median price of $335,000 and 21 days average market time, last week 25 homes at median price of $300,000 and 18 days average market time.

FHA 052122
FHA financing used to close for week ending May 21

VA financing was used to close on 10 homes this week with a median price of $407,500 and 7 days average market time, last week 8 homes at median price of $346,600 and 66 days average market time.

VA 052122
VA financing used to close for week ending May 21

Homes that were at least 2,000 square feet or more closed on 152 homes at a median price of $466,000 and 14 days average market time, last week 11 homes at median price of $470,000 and 22 days average market time.  Minimum price for homes that are at least 2,000 square feet or more closed at $237,000, last week $192,000.

2000 SF or more 052122
Home that were 2,000 SF or more closed for week ending May 21

Contracts accepted this week

Contracts accepted this week are up.  278 this week compared to 259 the previous week.

Fox Valley home prices May 21-Contracts accepted this week

Look at the communities seller’s accepted the most contracts:

Aurora-43                             Bolingbrook-22

Geneva-10                              Naperville-52

Oswego-16                             Plainfield-35

St Charles-22

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.  4 each with a kick-out clause of 72, 48 and 24 hours.

Also, a seller accepted an a contract that is contingent on the buyer selling and closing on their current home.  It has a kick-out clause of 72 hours.

The median price of homes that went under contract this week $392,500 and 18 days average market time, last week median price was $399,900 and 22 days average market time.

Contingent Stats 052122

2022 by the month

Month            New   Closed   Contracts accepted

January                422        492                 623

February              523        520                 724

March                  734        904                 890

April                   1168        966                1334

May                     858         641                  531

Totals          3705    3523           4102

Check back with us every Saturday for the real estate market update.  Next week will be the last full week of the month so we will also compare to 2021 and 2020 so you can see how this year is going.

Resources

Click on everything underlined to go to the site for more information.  If there is any information that you are looking for that is not listed let us know and we will point you in the right direction.

Talk to your loan officer to see what interest rate they will be offering you.  I depends on your credit score.  If you need to improve your score talk to them and they will tell you what to do.

As you can see above, the most common loan type seller’s are looking for right now is a Conventional loan. It helps to get familiar with the different types of loans.

Take the extra step and get all your financial information to a loan officer and have them put you through underwriting so you know how much you are approved for before looking at homes.  It will put you in a better position if you are up against other offers.  I think they should of been doing this all along.  It is hard to wait until a week before closing to find out you are approved.  Sometimes there is last minute things that come up and so late in the game are hard to resolve so your closing date gets moved.

Request a home valuation if you are thinking about selling.  Tell us a little bit about your home and what has been recently updated.  We will let you know an estimate of what it might sell for and show you an estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

You can sign-up for email alerts.  Choose the area and criteria you are looking for and you will receive an email when something comes up.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

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

Fox Valley home prices May 21.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices May 7

Fox Valley Home Prices April 23

Fox Valley home prices May 7.  New listings of single family homes are up.  255 this week compared to 232 the previous week. A great way to start the month!

Closed listings of single family homes were also up.  241 this week compared to 217 the previous week.

Fox Valley home prices May 7

Take a look at the communities with the most activity this week:

Aurora-New 40 $85,900-$625,000

             Closed-31 $135,500-$650,000

Bolingbrook-New 17 $254,900-$694,999

                    Closed-16 $225,000-$695,000

Geneva-New 13 $235,000-$1,299,000

             Closed-11 $255,000-$875,000

Naperville-New 43 $350,000-$2,200,000

                  Closed-52 $300,000-$1,675,000

Oswego-New 14 $315,000-$530,000

              Closed-17 $275,000-$750,000

Plainfield-New 26 $280,000-$599,900

                Closed-26 $295,000-$670,000

St Charles-New 27 $214,028-$1,799,000

                  Closed-22 $250,000-$1,085,000

Yorkville-New 15 $229,900-$995,000

               Closed-9 $300,000-$699,900

Other communities had activity this week.  Please look at the photo above to see the home prices in those communities.  You just might find home prices that are more appealing.

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

Median list price this week in the Fox Valley area of Illinois is $414,450, last week $399,900

Closed median price on single family homes this week $400,000, last week $393,717.

Stats 050722
Stats for week ending May 7

Conventional financing was used to close on 178 homes at median price of $425750 with 24 days average market time, last week 170 homes at median price of $415,500 with 27 days average market time.

Conv 050722
Conventional financing used for week ending May 7 

Cash was used to close on 32 homes this week with a median price of $390,500 and 18 days average market time, last week 27 homes at median price of $370,000 with 27 days average market time.

CAsh 050722
Cash used to close for week ending May 7

FHA financing was used to close on 25 homes this week with a medium price of $255,000 with 24 days average market time, last week 16 homes at median price of $307,500 with 27 days average market time.

FHA 050722
FHA financing used to close for week ending May 7

VA financing was used to close on 5 homes with a median price of $590,000 with 18 days average market time, last week 4 homes at median price of $332,500 with 6 days average market time.

VA 050722
VA financing used to close for week ending May 7

2,000 square feet or more closed on 144 homes with a median price of $496,250 with 31 days average market time, last week 140 homes with a median price of $473,142 with 20 days average market time.  Minimum price this week on a 2,000 SF home was $200,000, last week $258,000.

2000 SF or more 050722
2,000 SF homes closed for week ending May 7

Contracts accepted this week

Contracts accepted this week on single family homes were down.  272 this week compared to 325 the previous week.

Fox Valley home prices May 7-Contracts accepted this week

Look at the communities seller’s accepted the most contracts this week:

Aurora-39                       Bolingbrook-27

Geneva-11                        Naperville-49

Oswego-19                      Plainfield-29

St Charles-15

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. 4 with a kick-out clause of 48 hours, and 2 with 24 hours.

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

Median price this week for homes that went under contract was $$399,900 with 22 days average market time, last week median price was $405,000 with 20 days average market time.

Contingent Stats 050722
Contingent stats for week ending May 7

2022 by the month

Month       New   Closed   Contracts accepted

January         422         492             623

February       523         520             724

March           734         904             890

April            1168         966            1334

May              255         241              272

Totals      3102    3123        3843

Check back with us every Saturday for the real estate market update here in the Fox Valley area of Illinois.  At the end of each month we take a look back at 2021 and 2020 so you can see how this year is going compared to the previous 2 years.

May will need to increase the numbers for new listings if it is going to reach April numbers.

Resources

Click on anything that is in bold letters an underlined and it will take you to the site for the information.  If there is information not listed here that you are looking for just let us know and we will point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  They will help you if you need to bring up your score.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you are thinking about buying a home this year you need to contact a loan officer and get them all your financial information.  You need to go through the underwriting process so you know what you are approved for before starting to look at homes.  You will be at a disadvantage if you do not go through this process.  Homes are going under contract quickly and seller’s are looking for a buyer that is ready to go without having to wait to see if you qualify.

Request a home valuation if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will provide you with a net proceeds that shows you and estimate of expenses to sell.  When an offer comes in and we know all the terms we will update the net proceeds so you can make a good decision.

You can sign-up for email alerts to keep an eye on the market.

If you use Facebook you can go to our business page and look for the button “shop now” and search anywhere in Illinois.

You can also contact us and we can set you up to receive listings in real time as soon as they hit the market.  Let us know what areas you are looking at. How many bedrooms and other criteria that is important to you.

All data provided today is from our MLS system.  MRED, LLC.  It updates constantly so the information I downloaded this morning is not the same as it is right now.

Fox Valley home prices May 7.  Have an awesome week!  The temperatures should increase as the week goes forward.

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121