Fox Valley home prices September 21st

Posted on September 22, 2024September 22, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 21st

Fox Valley home prices September 21st. I am looking forward to the 70’s this next week with a couple of days of rain.

I am late writing this post. All information was downloaded Saturday morning.

New listings this week are consistent. 223 this week compared to 229 the previous week.

Closed listing this week are slightly down. 152 this week compared to 163 the previous week.

Aurora-New 24 $199,900-$950,000

Closed-24 $205,000-$1,025,000

Bolingbrook-New 15 $289,900-$806,971

Closed-16 $265,000-$575,000

Elgin-New 19 $229,900-$712,000

Closed-5 $307,000-$535,000

Geneva-New 12 $349,900-$815,000

Closed-4 $225,000-$503,000

Naperville-New 29 $385,000-$3,400,000

Closed-20 $437,750-$2,060,000

Oswego-New 13 $229,900-$675,000

Closed-9 $309,240-$740,000

Plainfield-New 25 $290,000-$762,485

Closed-14 $262,500-$1,075,000

St Charles-New 16 $89,000-$1,500,000

Closed-10 $216,000-$1,700,000

Yorkville-New 13 $360,000-$930,000

Closed-5 $369,000-$860,000

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

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

Median list price this week $457,960, last week $445,000

Closed median price this week $450,000, last week $429,135.

Stats 092124 — Stats for week ending September 21st

Conventional financing was used to close on 104 homes this week at median price $455,000 with 23 days average market time, last week 118 homes at median price $434,500 with 23 days average market time.

Conv 092124 — Conventional financing used to close for week ending September 21st

Cash was used to close on 30 homes this week at median price $485,000 with 35 days average market time, last week 21 homes at median price $475,000 with 41 days average market time.

Cash 092124 — Cash used to close for week ending September 21st

FHA financing was used to close on 6 homes this week at median price $338,500 with 61 days average market time, last week 16 homes at median price $327,500 with 19 days average market time.

FHA 092124 — FHA financing used to close for week ending September 21st

VA financing was used to close on 10 homes at median price $425,000 with 24 days average market time, last week 7 homes at median price $372,500 with 27 days average market time.

VA 092124 — VA financing used to close for week ending September 21st

2,000 SF or more closed on 100 homes this week at median price $510,000 with 30 days average market time, last week 86 homes at median price $525,000 with 21 days average market time. Minimum price this week $229,000, last week $275,000.

It is crazy that there is more VA loans used to close this week than FHA. Conventional loans continue to be the most used way to finance a home.

Under contract this week

Homes under contract this week are slightly up. 211 this week compared to 195 the previous week.

Even though today’s date is on there all this information is from yesterday. I am late in posting.

Aurora-25 Bolingbrook-11

Elgin-21 Naperville-42

Plainfield-21 St Charles-14

1 short sale was accepted by a seller this week. It was in St Charles. 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. 7 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 6 with 48 hours, and 2 with 24 hours. 1 we don’t know the hours.

Under contract median price this week $450,000 with 39 days average market time, last week $419,900 with 44 days average market time.

Under contract stats 092124 — Under contract stats for week ending September 21st

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 661 523 576

Totals 7490 6578 7271

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.

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

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

All data provided today was downloaded yesterday Saturday from our MLS, MRED, LLC.

Fox Valley home prices September 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 September14th

Posted on September 14, 2024September 14, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 14th

Fox Valley home prices September 14th. Temperatures will continue to be hot in the mid 80’s to 90’s this next week with no rain until maybe Sunday.

New listings are slightly up. 229 this week compared to 209 the previous week.

Closed listings are down. 163 this week compared to 208 the previous week.

Aurora-New 26 $210,000-$1,299,999

Closed-22 $197,000-$729,000

Bolingbrook-New 14 $285,000-$499,900

Closed-14 $291,000-$941,900

Elgin-New 24 $159,500-$1,395,000

Closed-17 $206,500-$1,240,040

Naperville-New 33 $425,000-$1,635,600

Closed-19 $355,000-$1,260,000

Oswego-New 6 $249,900-$525,000

Closed-11 $350,000-$584,900

Plainfield-New 28 $335,000-$837,000

Closed-19 $262,500-$667,000

St Charles-New 20 $325,000-$2,100,000

Closed-5 $386,000-$1,350,000

Yorkville-New 11 $219,900-$775,000

Closed-6 $330,000-$475,000

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

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

Median list price this week $445,000, last week $459,900.

Closed median price this week $429,135, last week $427,450.

Stats 091424 — Stats for week ending September 14th

Conventional financing was used to close on 118 homes this week at median price $434,500 with 23 days average market time, last week 162 homes at median price $438,000 with 25 days average market time.

Conv 091424 — Conventional financing used to close for week ending September 14th

Cash was used to close on 21 homes this week at median price $475,000 with 41 days average market time, last week 27 homes at median price $475,000 with 33 days average market time.

Cash 091424 — Cash used to close for week ending September 14th

FHA financing was used to close on 16 homes this week at median price $327,500 with 19 days average market time, last week 13 homes at median price $290,000 with 14 days average market time.

FHA 091424 — FHA financing was used to close for week ending September 14th

VA financing was used to close on 7 homes this week at median price $372,500 with 27 days average market time, last week 5 homes at median price $375,000 with 19 days average market time.

VA 091424 — VA financing used to close for week ending September 14th

2,000 SF or more closed on 86 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $539,460 with 30 days average market time. Minimum price this week $275,000, last week $175,000.

2000 SF or more 091424 — 2,000 SF or more closed for week ending September 14th

Conventional financing continues to be the most used way to finance a home. Cash continues to beat out FHA at least here in the Fox Valley area.