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

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

Resources

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

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

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

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

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-6503-6555 Ext 101

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

Fox Valley home prices July 22nd

Posted on July 22, 2023July 22, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 22nd

Fox Valley home prices July 22nd. 80’s the next couple of weeks during the day and 60’s at night. Today and tomorrow are the only possible days for rain and that is only 50% or less both days.

New listings this week are down. 180 this week compared to 206 the previous week. We are heading in the wrong direction.

Closed listings this week were exactly the same as the previous week. 180 both weeks.

Aurora-New 15 $199,000-$699,900

Closed-26 $159,000-$658,059

Bolingbrook-New 5 $199,900-$550,000

Closed-13 $250,000-$600,000

Naperville-New 37 $349,000-$1,375,000

Closed-39 $270,000-$1,465,000

Plainfield-New 30 $225,000-$999,000

Closed-27 $165,000-$1,850,000

St Charles-New 16 $329,000-$875,000

Closed-10 $390,000-$1,375,000

Yorkville-New 13 $225,000-$597,000

Closed-10 $230,000-$541,200

Other communities had activity this week. Look at the photo above to see those communities. You just might find your price range in one of those places.

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

Median list price this week $434,750, last week $441,250.

Closed median price this week $431,500, last week $450,000

Median price went down slightly in both list and closed prices.

Stats 072223 — Stats for week ending July 22nd

Conventional financing was used to close on 132 homes this week at median price $448,750 with 55 days average market time, last week 129 homes at median price $487,500 with 26 days average market time.

Median price went down and days on market went up for this week.

Conv 072223 — Conventional financing used to close for week ending July 22nd

Cash was used to close on 22 homes this week at median price $359,687 with 29 days average market time, last week 28 homes at median price $457,500 with 29 days average market time.

Prices down almost $100,000 on median price with the same market time.

Cash 072223 — Cash used to close for week ending July 22nd

FHA financing was used to close on 13 homes this week at median price $335,000 with 17 days average market time, last week 18 homes at median price $403,732 with 34 days average market time.

Median price is down this week with less market time.

FHA 072223 — FHA financing used to close for week ending July 22nd

VA financing was used to close on 10 homes this week at median price $438,500 with 11 days average market time, last week 5 homes at median price $390,000 with 21 days average market time.

Number of homes doubled and median price went up with less average market time.

VA 072223 — VA financing used to close for week ending July 22nd

2,000 square feet or more closed on 118 homes at median price $503,500 with 53 days average market time, last week 119 homes at median price $530,000 with 32 days average market time. Minimum price this week $250,000, last week $178,000.

Median price went down this week and market time went up. Minimum price went up.

2000 SF or more 072223 — 2,000 SF or more for week ending July 22nd

Conventional financing again is the most used way to close this week.

Prices and days on market fluctuate with the type of home, condition and motivation of seller’s.

Under contract this week

Homes under contract this week went up slightly. 227 this week compared to 207 the previous week.

Aurora-41 Bolingbrook-18

Geneva-10 Naperville=32

Oswego-17 Plainfield-28

St Charles-13

These are the communities with the most homes that went under contract this week. Other communities had activity. Click on the photo above to see all the communities.

1 short sale was accepted by a seller this week. It was in Minooka. 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. 5 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. 1 with a kick-out clause of 72 hours and 3 with 48 hours.

Homes that went under contract this week had a median price of $414,900 with 30 days average market time, last week median price was $410,000 with 36 days average market time.

Under contract stats 072223 — Homes under contract stats for week ending July 22nd

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 561 533 620

Totals 4704 4222 5102

Resources

Click on everything that is bold and underlined to take you to the site for the information. If you are looking for information that I do not have below let me know and I will point you in the right direction.

Also, if you want to know an estimate of what your home is worth in today’s market and also an estimate of expenses to sell request a home valuation and we will get you this information.

You can also sign-up for email alerts if you are looking for a home. It will let you know when a home hits the market with the criteria and area you are looking for.

You can 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 July 22nd. 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 July 15th

Posted on July 15, 2023July 15, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 15th

Fox Valley home prices July 15th. We have finally gotten some much needed rain. The grass is green again.

New listings this week are slightly up. 206 this week compared to 175 the previous week.

Closed listings are consistent. 180 this week compared to 173 the previous week.

Aurora-New 28 $179,900-$835,000

Closed-29 $165,000-$850,000

Batavia-New 10 $165,000-$750,000

Closed-5 $350,000-$740,000

Bolingbrook-New 14 $269,900-$829,900

Closed-14 $250,000-$910,000

Naperville-New 40 $294,900-$5,595,000

Closed-40 $395,000-$1,900,000

Oswego-New 12 $299,000-$489,000

Closed-4 $380,000-$490,000

Plainfield-New 25 $220,000-$959,900

Closed-23 $264,900-$970,000

St Charles-New 10 $355,000-$2,990,000

Closed-16 $250,000-$890,000

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

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

Median list price this week $441,250, last week $423,384.

Closed median price this week $450,000, last week $420,000.

Stats 071523 — Stats for week ending July 15th

Conventional financing was used to close on 129 homes this week at median price $487,500 with 26 days average market time, last week 137 homes at median price $445,000 with 29 days average market time.

Conv 071523 — Conventional financing used to close for week ending July 15th

Cash was used to close on 28 homes this week at median price $457,500 with 29 days average market time, last week 19 homes at median price $442,000 with 12 days average market time.

Cash 071523 — Cash used to close for week ending July 15th

FHA financing was used to close on 18 homes at median price $403,732 with 34 days average market time, last week 12 homes at median price $328,000 with 4 days average market time.

FHA 071523 — FHA financing used to close for week ending July 15th

VA financing was used to close on 5 homes at median price $390,000 with 21 days average market time, last week 4 homes at median price $290,000 with 28 days average market time.

VA 071523 — VA financing used to close for week ending July 15th

2,000 square feet or more closed on 119 homes this week at median price $530,000 with 32 days average market time. last week 97 homes at median price $515,000 with 32 days average market time. Minimum price this week $178,000, last week $284,000.

2000 SF or more 071523 — 2,000 SF or more closed for week ending July 15th.

71% of homes closed this week using Conventional financing.

Under contract this week

Homes that went under contract this week are slightly up. 207 this week compared to 186 the previous week.

Aurora-34 Bolingbrook-17

Naperville-34 Oswego-11

Plainfield-28 St Charles-14

Yorkville-11

1 short sale was accepted by a seller this week. It was in Naperville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 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 and 2 with 48 hours.

Homes that went under contract this week had a median price $410,000 with 36 days average market time, last week $400,000 with 30 days average market time.

Under contract 071523 — Under contract for week ending July 15th

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 381 353 393

Totals 7960 4042 4875

Homes sell throughout the year. Some months are busier than others.

Resources

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

If you are thinking about selling request a home valuation so we can let you know about what your home is worth in today’s market. We can also provide you with a net proceeds that shows an estimate of expenses to sell.

You can sign-up for email alerts so you don’t miss out on a new listings with your criteria.

Search for a home anytime even if it is just to keep up with the home prices.

All data provided today is from our MLS, MRED, LLC. Data 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 July 15th. 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 July 8th

Posted on July 8, 2023July 8, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 8th

Fox Valley home prices July 8th. We are finally getting some rain. Temperatures for the next couple of weeks will be in the 80’s during the day and mid 60’s at night.

New listings this week are pretty consistent for a holiday week. 175 this week compared to 184 the previous week.

Closed listings are down. 173 this week compared to 258 the previous week.

Aurora- New-27 $225,000-$850,000

Closed-28 $145,000-$680,000

Bolingbrook-New 11 $230,000-$534,900

Closed-11 $255,000-$609,000

Geneva- New 6 $275,000-$799,900

Closed-10 $326,000-$1.275,000

Naperville-New 33 $359,900-$1,365,000

Closed-27 $405,000-$2,210,000

Plainfield-New 27 $175,000-$795,000

Closed-17 $225,000-$1,250,000

St Charles-New 21 $199,900-$1,695,000

Closed-14 $210,000-$1,670,000

Yorkville-New 10 $299,900-$774,900

Closed-12 $235,000-$561,000

Usually when it is a holiday week things are slower.

Click on the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $423,384, last week $439,450.

Closed median price this week $420,000, last week $435,000

Stats 070823 — Stats for week ending July 8th

Conventional financing was used to close on 137 homes this week at median price $445,000 with 29 days average market time, last week 197 homes at median price $451,000 with 24 days average market time.

Conv 070823 — Conventional financing used to close for week ending July 8th

Cash was used to close on 19 homes this week at median price $442,000 with 12 days average market time, last week 39 homes at median price $445,000 with 26 days average market time.

Cash 070823 — Cash used to close for week ending July 8th

FHA financing used to close on 12 homes this week at median price $328,000 with 4 days average market time, last week 16 homes at median price $302,500 with 33 days average market time.

FHA 070823 — FHA financing used to close for week ending July 8th

VA financing was used to close on 4 homes this week at median price $290,000 with 28 days average market time, last week 5 homes at median price $350,000 with 10 days average market time.

VA 070823 — VA financing used to close for week ending July 8th

2,000 square feet or more closed on 97 homes at median price $515,000 with 32 days average market time, last week 162 homes at median price $542,500 with 29 days average market time. Minimum price this week $284,000, last week $272,000.

2000 SF or more 070823 — 2,000 SF or more closed for week ending July 8th

79% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are consistent. 186 compared to 195 the previous week.

Aurora-28 Batavia-10

Bolingbrook-12 Naperville-28

Plainfield-30 St Charles-13

Yorkville-12

1 short sale was accepted by a seller. It was in Montgomery. 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. 3 with a kick-out clause of 72 hours, 5 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, 48, and 24 hours.

Median price for homes that went under contract this week $400,000 with 30 days average market time, last week $412,00 with 24 days average market time.

Under contract 070823 — Under contract for the week ending July 8th

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 175 173 186

Totals 4318 3862 4668

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 compare to.

Resources

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

If you are thinking about selling a home request a home valuation and we will give you an estimate of what it might sell for in today’s market and provide you with a net proceeds that shows you what you might walk away with at closing.

Sign-up for email alerts so you will get email with homes that you might want to take a look at.

You can always search for a home anytime.

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 July 8th. 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 July 1st

Posted on July 1, 2023July 1, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 1st

Fox Valley home prices July 1st. We should get much needed rain today and tomorrow. The next couple of weeks will be in the mid 80’s during the day and mid 60’s at night.

New listings this week are slightly down. 184 this week compared to 204 the previous week.

Closed listings are up. 258 this week compared to 164 the previous week.

Aurora-New 27 $184,900-$949,900

Closed-36 $197,000-$815,000

Batavia-New 6 $199,900-$769,000

Closed-11 $325,000-$905,000

Naperville-New 25 $300,000-$1,889,000

Closed-47 $325,000-$1,260,000

Plainfield-New 26 $160,000-$850,000

Closed-41 $216,000-$743,969

St Charles-New 11 $315,000-$1,350,000

Closed-22 $280,000-$1,265,000

West Chicago-New 1 $475,000

Closed 11 $209,900-$699,900

Yorkville-New 14 $245,000-$949,900

Closed-10 $342,500-$851,000

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

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

Median list price this week $444,990, last week $439,450.

Closed median price this week $443,750, last week $435,000.

Stats 070123 — Stats for week ending July 1st

Conventional financing was used to close on 197 homes this week at median price $451,000 with 24 days average market time, last week 113 homes at $455,000 with 20 average market time.

Conv 070123 — Conventional financing used to close for week ending July 1st

Cash was used to close on 39 homes this week at median price $445,000 with 26 days average market time, last week 31 homes at median price $445,000 with 17 days average market time.

Cash 070123 — Cash used to close for week ending July 1st

FHA financing was used to close on 16 homes this week at median price $302,500 with 33 days average market time, last week 17 homes at median price $338,000 with 29 days average market time.

FHA 070123 — FHA financing used to close for week ending July 1st

VA financing was used to close on 5 homes this week at median price $350,000 with 10 days average market time, last week 3 homes at median price $335,000 with 14 days average market time.

VA070123 — VA financing used to close for July 1st

2,000 Square feet or more closed on 162 homes at median price $542,500 with 29 days average market time, last week 97 homes at median price $510,000 with 24 days average market time. Minimum price this week $272,000, last week $250,000.

2000 SF or more 070123 — 2,000 SF or more closed for week ending July 1st

76% of homes closed this week used Conventional financing. FHA financing was used only 16 times out of 258 closed.

Under contract this week

Homes that went under contract this week were slightly up. 195 this week compared to 189 the previous week.

Aurora-22 Bolingbrook-25

Naperville-29 Plainfield-27

St Charles-17 Yorkville-14

3 short sales were accepted by seller’s this week. 2 were in Bolingbrook and 1 in Montgomery.

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

Median price of homes that went under contract this week $412,000 with 24 days average market time, last week $420,000 with 30 days average market time.

Under contract 070123 — Under contract for week ending July 1st

2023 by the month and a look back to 2019

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

Totals 4143 3689 4482

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

Totals 5243 5184 5611

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

Totals 5641 6252 7409

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

Totals 6790 4506 6714

2019

January 878 407 568

February 1032 463 832

March 1731 915 1375

April 1594 792 1307

May 1645 995 1280

June 1643 1253 1218

Totals 8523 4825 6580

In 2019 there were more than double the new listings as this year so far. Looking at 5 years you can see why the prices have increased.

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 usually look back at 2022 and 2021. In December we will go back to 2019 again so you can see the 5 years to compare.

Resources

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

Let us know what other information you are looking for and we will point you in the right direction.

If you are thinking about selling your home request a home valuation and we will also show you an estimate of what you will receive at closing.

You can sign-up for email alerts so you don’t miss out on a listing as it hits the market.

You can also 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 July 1st. 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 June 24th

Posted on June 24, 2023June 24, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 24th

Fox Valley home prices June 24th. It is a hot one today! Hopefully we might see some rain in the next couple of days. Mid 80’s during the day and mid 60’s at night for the next couple of weeks . It is severely dry here.

New listings this week are consistent. 204 this week compared to 199 the previous week.

Closed listings are down. 164 this week compared to 229 the previous week.

Aurora-New 26 $200,000-$1,250,000

Closed-21 $175,000-$590,000

Bolingbrook-New 28 $239,900-$848,500

Closed-21 $200,000-$775,000

Naperville-New 39 $350,000-$1,375,000

Closed-29 $250,000-$2,075,000

Plainfield-New 26 $297,900-$1,350,000

Closed-20 $303,000-$676,430

St Charles-New 16 $297,000-$1,395,000

Closed-10 $251,500-$715,000

Out of the 25 communities with activity this week. These are the ones that are most active. Click on photo above to see the other communities.

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

Median list price this week $439,450, last week $448,542.

Closed median price this week $435,000, last week $450,000.

Stats 062423 — Stats for week ending June 24th

Conventional financing was used to close on 113 homes this week at median price $455,000 with 20 days average market time, last week 169 homes at median price $458,000 with 21 days average market time.

Conv 062423 — Conventional financing used to close for week ending June 24th

Cash was used to close on 31 homes at median price $445,000 with 17 days average market time, last week 34 homes at median price $509,250 with 24 days average market time.

Cash 062423 — Cash used to close for week ending June 24th

FHA financing was used to close on 17 homes this week with median price $338,000 with 29 days average market time, last week 17 homes at median price $350,000 with 31 days average market time.

FHA 062423 — FHA financing used to close for week ending June 24th

VA financing was used to close on 3 homes this week at median price $335,000 with 14 days average market time, last week 7 homes at median price $495,000 with 14 days average market time.

VA 062423 — VA financing was used to close for week ending June 24th

2,000 square feet or more closed on 97 homes this week at median price $510,000 with 24 days average market time, last week 160 homes at median price $520,000 with 25 days average market time. Minimum price this week $250,000, last week $238,000.

2000 SF or more 062423 — 2,000 SF or more for week ending June 24th

Conventional financing continues to be the most used financing at just under 70% this week.

Under contract this week

Homes under contract this week are down slightly. 189 this week compared to 198 the previous week.

Aurora-21 Bolingbrook-13

Geneva-11 Naperville-37

Plainfield-24 St Charles-11

1 short sale was accepted by a seller this week. It was in North 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. 2 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

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

Median price of homes under contract this week is $420,000 with 30 days average market time, last week $449,450 with 36 days average market time.

Under contract this week 020423 — Under contract this week for week ending June 24th

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 846 801 731

Totals 3959 3431 4287

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

Resources

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

Check with your loan officer to see if they offer any programs that will help with closing costs or anything else.

If you would like to see what your home is worth on today’s market request home valuation and we will give you an idea of what the costs to sell your home might be.

Don’t miss out on a new listing sign-up for email alerts and you will be emailed a listing as soon as it hits our MLS.

You can always search for a home anytime or check on what homes are selling for.

Let us know what information you need.

All data was provided this morning by 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 June 24th. 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