Fox Valley home prices November 25th

Posted on November 25, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 25th

Fox Valley home prices November 25th. It is a short holiday week so the numbers are low this week.

They say it might snow tomorrow with

33 for a high. It will get to mid 40’s next week.

New listings are down. 67 this week compared to 132 the previous week.

Closed listings are also down. 90 this week compared to 156 the previous week.

Aurora-New 9 $257,000-$360,000

Closed-17 $131,000-$638,146

Plainfield-New 19 $225,000-$1,075,000

Closed-20 $245,000-$1,518,074

Check out the other communities that had activity this week on the photo above.

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

Median list price this week $375,000, last week $400,000

Closed median price this week $387,000, last week $425,000.

Stats 112523 — Stats for week ending November 25th.

Conventional financing was used to close on 58 homes this week at median price $387,500 with 30 days average market time, last week 95 homes at median price $445,000 with 24 days average market time.

Conv 112523 — Conventional financing used to close for week ending November 25th

Cash was used to close on 14 homes this week at median price $402,500 with 34 days average market time, last week 30 homes at median price $489,000 with 47 days average market time.

Cash 112523 — Cash used to close for week ending November 25th

FHA financing was used to close on 11 homes this week at median price $360,000 with 14 days average market time, last week 16 homes at median price $345,000 with 49 days average market time.

FHA 112523 — FHA financing used to close for week ending November 25th

VA financing was used to close on 7 homes this week at median price $483,293 with 23 days average market time, last week 11 homes at median price $369,000 with 23 days average market time.

VA 112523 — VA financing was used to close for week ending November 25th.

2,000 SF or more closed on 44 homes this week at median price $481,646 with 38 days average market time, last week 91 homes at median price $510,000 with 39 day average market time. Minimum price this week $301,000, last week $300,000.

2000 SF or more 112523 — 2,000 SF or more closed for week ending November 25th.

You can see conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract are down. 115 this week compared to 148 the previous week.

It is a short holiday week.

Aurora-16 Bolingbrook-10

Naperville-18 Plainfield-16

St Charles-12

One 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. 2 with a kick-out clause of 72 hours and 1 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 $399,900 with 38 days average market time, last week median price $352,500 with 36 days average market time.

Under contract stats 112523 — Under contract stats for week ending November 25th.

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 486 567 518

Totals 7586 7178 7892

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.

Contact us

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

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

To see some great resources go here. Find information about different types of loans and the process, down payment assistance, VA loans and the requirements, IHDA programs, home valuation and how to sign-up for email alerts.

Fox Valley home prices November 25th. I hope you had a wonderful Thanksgiving. 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 November 18th

Posted on November 18, 2023November 18, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 18th

Fox Valley home prices November 18th. 55 degrees today and tomorrow and then we head into the mid 40’s.

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

Closed listing are up. They are almost reversed from new listings. 156 this week compared to 134 the previous week.

Aurora-New 16 $205,000-$602,000

Closed-22 $165,000-$648,366

Bolingbrook-New 12 $259,000-$525,000

Closed-11 $239,500-$810,000

Naperville-New 19 $329,900-$1,365,500

Closed-17 $403,000-$8,076,000

Oswego-New 9 $289,900-$512,500

Closed-12 $335,000-$575,000

Plainfield-New 21 $239,000-$589,900

Closed-23 $180,000-$769,896

St Charles-New 4 $350,000-$1,899,995

Closed-10 $325,000-$1,100,000

Yorkville-New 13 $229,900-$924,900

Closed-8 $221,000-$680,000

26 communities had activity this week. I just highlighted the ones with the most activity. Take a look at the photo above.

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

Median list price this week $400,000, last week $409,900.

Closed median price this week $425,000, last week $407,450.

Stats 111823 — Stats for week ending November 18th.

Conventional financing was used to close on 95 homes this week at median price $445,000 with 24 days average market time, last week 100 homes at median price $425,000 with 32 days average market time.

Conv 111823 — Conventional financing used to close for week ending November 18th.

Cash was used to close on 30 homes at median price $489,000 with 47 days average market time, last week 16 homes at median price $405,995 with 17 days average market time.

Cash 111823 — Cash used to close for week ending November 18th

FHA financing was used to close on 16 homes at median price $345,000 with 49 days average market time, last week 12 homes at median price $346,500 with 33 days average market time.

FHA 111823 — FHA financing used to close for week ending November 18th

VA financing was used to close on 11 homes this week at median price $369,000 with 23 days average market time, last week 3 homes at median price $466,410 with 23 days average market time.

VA 111823 — VA financing used to close for week ending November 18th

2,000 SF or more closed on 91 homes this week at median price $510,000 with 39 days average market time, last week 83 homes at median price $470,000 with 34 days average market time. Minimum price this week $300,000, last week $292,000

2000 SF or more 111823 — 2,000 SF or more closed for week ending November 18th.

Conventional financing continues to be the way to go.

Under contract this week

Homes under contract this week are up. 148 this week compared to 119 the previous week.

Aurora-24 Bolingbrook-14

Naperville-17 Plainfield-20

St Charles-13 Sycamore-10

1 short sale was accepted by a seller. It was in Plainfield.

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 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 2 with 24 hours.

Median price of homes that went under contract this week $352,500 with 36 days average market time, last week median price $394,444 with 32 days average market time.

Under contract stats 111823 — Under contract state for week ending November 18th

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 419 477 403

Totals 7519 7088 7777

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.

You can see activity continues throughout the year. It might slow down in some months but it continues.

Contact us

Call us with all your real estate questions. Your goal is our goal.

Check out some great resources here.

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

Fox Valley home prices November 18th. Have an awesome week. Happy Thanksgiving!

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 November 4th

Posted on November 4, 2023November 4, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 4th

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.

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 week Aurora-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

Posted on October 28, 2023October 28, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 28th

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.

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 14th

Posted on October 14, 2023October 14, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 14th

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.

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.

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

Posted on October 9, 2023October 9, 2023 by Kristine Heiman, Designated Managing Broker

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.

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.

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

Posted on September 30, 2023September 30, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 30th

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.

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.

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 August 12th

Posted on August 12, 2023August 12, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 12th

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.

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

Posted on August 5, 2023August 5, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 5th

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.

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.

Stats 080523 — 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.

Conv 080523 — 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.

Cash 080523 — 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.

FHA 080523 — 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.

VA 080523 — 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.

2000 SF or more 080523 — 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.

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.

Under contract stats 080523 — 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

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

Fox Valley home prices July 29th

Posted on July 29, 2023July 29, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 29th

Fox Valley home prices July 29th. We have had a couple of extremely hot days. I hope that is the end of those.

New listings are up. 204 this week compared to 180 the previous week.

Closed listings are also up. 212 this week compared to 180 the previous week.

Aurora-New 17 $159,900-$775,000

Closed-35 $187,000-$680,000

Bolingbrook-New 18 $120,000-$779,900

Closed-17 $300,000-$595,000

Geneva-New 10 $300,000-$899,900

Closed-8 $275,000-$2,335,500

Montgomery-New 4 $375,000-$409,900

Closed-11 $250,000-$440,500

Naperville-New 38 $369,900-$2,100,000

Closed-39 $376,000-$2,199,900

Plainfield-New 22 $320,000-$714,990

Closed-28 $270,000-$735,000

St Charles-New 14 $250,000-$1,850,000

Closed-7 $359,900-$1,150,000

Yorkville-New 24 $299,900-$1,490,000

Closed-10 $300,000-$965,000

These are the communities with the most activity this week. Other communities had activity. Click on the photo above to see the price ranges in those communities. You just might find something there.

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

Median list price this week $449,945, last week $434,750.

Closed median price this week $432,500, last week $431,500.

Stats 072923 — Stats for week ending July 29th

Conventional financing was used to close on 153 homes this week at median price $475,000 with 25 days average market time, last week 132 homes at median price $448,750 with 35 days average market time.

Conv 072923 — Conventional financing used to close for week ending July 29th

Cash was used to close on 28 homes this week at median price $400,000 with 38 days average market time, last week 22 homes at median price $359,687 with 29 days average market time.

Cash 072923 — Cash used to close for week ending July 29th

FHA financing was used to close on 19 homes this week at median price $339,900 with 30 days average market time, last week 13 homes at median price $335,000 with 17 days average market time.

FHA 072923 — FHA financing used to close for week ending July 29th

VA financing was used to close on 12 homes this week at median price $417,244 with 30 days average market time, last week 10 homes at median price $438,500 with 11 days average market time.

VA 072923 — VA financing used to close for week ending July 29th

2,000 square feet or more closed on 134 homes this week at median price $552,666 with 34 days average market time, last week 118 homes at median price $503,500 with 53 days average market time. Minimum price this week is the same as last week $250,000.

2000 SF or more 072923 — 2,000 SF or more closed for the week ending July 29th

72% of homes closed using Conventional financing.

Under contract this week

Homes that went under contract this week are down. 185 this week compared to 227 the previous week.

Aurora-23 Naperville-31

Plainfield-33 St Charles-17

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

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

Median price of homes that went under contract this week $419,900 with 28 days average market time, last week $414,900 with 30 days average market time.

Under contract stats 072923 — Under contract stats for week ending July 29th

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

Totals 4908 4434 5287

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

Totals 6198 6116 6519

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

Totals 6759 7434 8619

You can see the amount of new listings has drastically gone down. That is why prices have increased so much. We need a bigger supply of homes to bring the prices down.

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. If you are looking for information that is not here let us know what you are looking for and we will point you in the right direction.

If you want to know what your home is worth right now request a home valuation.

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

Search for homes whenever you want. You can keep track of homes in your neighborhood or try to find a home to purchase.

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

Contact us

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

Fox Valley home prices July 29th. 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