Fox Valley Market Update July 6 2019

Posted on July 6, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update July 6 2019

Fox Valley market update July 6 2019. New listings of single family homes was way down this week. 287 new listings this week compared to 365 the week before. It is a holiday week so this is to be expected. Things will get back to normal next week.

2019 new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June-1,643
July so far-287

9,169 Total

Closed single family homes this week were also down. 236 closed this week compared to 330 the week before. This is also to be expected on a shorter week because of holiday and because it is the beginning of the month. Most buyer’s want to close at the end of the month.

Closed single family homes by the month for 2019:

January-407
February-465
March-915
April-790
May-1,391
June-1,253
July so far-236

5,457 Total

Take a look at the activity this week of single family homes:

Aurora-New 44 $79,000-$644,800 Closed-36 $90,000-$419,900

Bolingbrook-New 24 $119,900-$414,900 Closed-14 $154,000-$399,900

Geneva-New 13 $339,900-$795,000 Closed-7 $200,000-$665,000

Montgomery-New 12 $161,000-$285,900 Closed-19 $158,067-$320,000

Naperville-New 50 $215,000-$2,199,000 Closed-40 $190,000-$1,075,000

Oswego-New 11 $149,900-$849,000 Closed-13 $197,000-$379,000

Plainfield-New 39 $189,800-$675,000 Closed-27 $138,000-$424,900

St Charles/Campton Hills-New 22 $139,900-$1,499,000 Closed-22 $145,000-$588,000

Yorkville-New 15 $249,000-$449,900 Closed-5 $239,990-$405,000

Contracts accepted this week

Contracts accepted this week of single family homes was slightly up. 295 this week compared to 272 the week before. That is a good thing with a short week. Next week should be even better.

Look at the totals of contracts accepted for 2019 by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July so far-295

7,300 total

So far May is the month with the most activity all around. New listings, closed homes and contracts accepted. Not all contracts accepted end up closing. Some come back on the market after the home inspection that might have an issue the buyer and seller can not negotiate a resolution to the issue. Other ones the financing might not get approved. The majority of them do close though.

Just under 60% of the new listings that came on the market have closed. Slightly under 80% have gone under contract. The other 20% either need to make improvements, lower price or both. If you are not getting showings or they have slowed down you need to rethink price and condition.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-41 Bolingbrook-24 Geneva-11

Naperville-49 North Aurora-13 Oswego-16

Plainfield-42 St Charles/Campton Hills-30 Yorkville-11

Short sales accepted by seller’s this week were also down. 2 this week compared to 5 the week before. 1 each in Plano and Yorkville.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing. 8 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Give a call to answer all of your real estate questions at 630-503-6555. Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

Resources to check out:

Fox Valley market update July 6 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out another way to search for a home. Click on the satellite view and you can see how the home sits on the lot and what is also for sale in that neighborhood. Let us know what you think!

Fox Valley Market Update June 29 2019

Posted on June 29, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 29 2019

Fox Valley market update June 29 2019. New listings were significantly down this week. 365 new listings of single family homes this week compared to 444 the week before. Not good for buyers that are wanting to find something and get in before school starts again.

2019 new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2.004
June-1,643

8,882 total

May so far is the month with the most new listings. The weather has contributed to the delay in sellers getting their homes on the market. We went from extreme cold temperatures to nothing but rain.

Closed homes were up this week. 330 single family homes closed this week compared to 303 the week before. It is the end of the month so that is to be expected.

Closed listings of single family homes 2019 by the month:

January-407
February-465
March-915
April-790
May-1,391
June-1,253

5,221 Total

So far May is the best month for closings of single family homes. We should see a higher number in July though.

Now take a look at the communities with the most activity this week:

Aurora-New 46 $89,900-$544,900 Closed-45 $135,000-$455,000

Batavia-New 12 $260,000-$899,900 Closed-10 $200,000-$626,495

Bolingbrook-New 31 $155,000-$450,000 Closed-27 $148,050-$395,000

Geneva-New 16 $264,900-$729.900 Closed-8 $252,000-$750,000

Montgomery-New 9 $164,800-$297,400 Closed-11 $174,900-$297,500

Naperville-New 83 $259,000-$4,000,000 Closed-64 $250,000-$1,400,000

North Aurora-New 13 $260,000-$422,380 Closed-11 $183,000-$440,000

Oswego-New 17 $192,500-$625,000 Closed-14 $185,000-$385,000

Plainfield-New 37 $159,900-$549,000 Closed-36 $146,000-$550,000

St Charles/Campton Hills-New 35 $229,000-$2,385,000 Closed-30 $242,000-$1,100,000

West Chicago-New 6 $309,500-$510,000 Closed-12 $95,000-$347,500

Yorkville-New 15 $199,900-$614,900 Closed-10 $138,500-$390,000

Contracts accepted this week

Contracts accepted this week were slightly lower than last week. 272 contracts accepted this week of single family homes compared to 293 the week before.

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

Aurora-28 Bolingbrook-20 Naperville-50

Oswego-11 Plainfield-39 St Charles/Campton Hills-26

Sugar Grove-10 Yorkville-11

Short sales accepted this week of single family homes were the same as last week. 5 both weeks. 1 each in Aurora, Elburn, Montgomery, Naperville and Sheridan.

Seller’s accepted contracts that are contingent on the buyer closing on their current home before purchasing. 8 with a kick-out clause of 72 hours, 14 with 48 hours and 1 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home before purchasing. 2 with a kick-out clause of 72 hours, 8 with 48 hours and 2 with 24 hours.

Accepted contracts in 2019 by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218

7005 Total

May is the best month so far for new listings, closings and contracts accepted this year. Keep in mind that contracts that are accepted don’t always close. Sometimes they are reactivated because of a home inspection issue, financing does not go through or attorney review and inspection issues can not come to an agreement.

Contact us

Call us to answer all of your real estate questions at 630-503-6555. Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether buying or selling a home.

Resources to check out:

Fox Valley market update June 29 2019. Have a great week! Have a safe and happy 4th of July!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Try a different way to search and let us know what you think. You can click on the satellite view and see how the home sits on the property and see what else if for sale in the neighborhood.

Fox Valley Market Update June 22 2019

Posted on June 22, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 22 2019

Fox Valley market update June 22 2019.. New listings of single family homes in the Fox Valley area were slightly higher this week. 444 this week compared to 433 the week before.

2019 look at new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June so far-1,278
Total-8,517

One more week to go in June and it looks like we will not come close to May’s totals for new listings. That is not good for buyer’s that are still trying to find a home.

Closed homes this week were slightly higher. 303 this week compared to 294 the week before. Next week should be very busy for closings.

Closings in 2019 so far of single family homes:

January-407
February-465
March-915
April-790
May-1,391
June so far-923
Total-4,891

A little over 57% of the 8,517 new listings have sold and closed so far far this year.

Take a look at the activity this week in the Fox Valley:

Aurora-New 51 $119,900-$639,900 Closed-34 $125,000-$500,000

Batavia-New 16 $185,000-$629,900 Closed-8 $203,000-$464,000

Bolingbrook-New 27 $129,900-$595,900 Closed-25 $98,175-$405,500

Geneva-New 22 $242,000-$1,295,000 Closed-22 $155,000-$751,000

Montgomery-New 22 $125,000-$330,455 Closed-11 $86,793-$370,056

Naperville-New 102 $174,900-$1,790,000 Closed-52 $202,500-$1,020,000

North Aurora-New 13 $195,000-$430,000 Closed-8 $197,500-$368,500

Oswego-New 26 $199,900-$429,900 Closed-12 $165,000-$370,000

Plainfield-New 38 $172,000-$494,000 Closed-31 $182,000-$595,000

St Charles/Campton Hills-New 36 $109,800-$1,275,000 Closed-29 $150,000-$774,900

West Chicago-New 13 $114,900-$485,000 Closed-8 $165,000-$432,500

Winfield-New 10 $282,900-$799,000 Closed-5 $300,000-$475,000

Yorkville-New 19 $213,000-$1,100,000 Closed-7 $174,000-$375,000

Contracts accepted this week

Contracts accepted of single family homes this week were slightly down. 293 this week compared to 317 last week.

Contracts accepted of single family homes so far in 2019:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-946
Total-6,733

That total shows you that about 79% of the homes listed this year have gone under contract. Not all of them have closed. Some have been put back on the market because of buyer not able to get financing or some other reason. Some of that total have gone under contract and reactivated and gone under contract again. Closed totals are the most important.

Take a look at the communities that seller’s accepted the most contracts this week:

Aurora-45 Batavia-14 Bolingbrook-18

Geneva-12 Montgomery-11 Naperville-50

Oswego-12 Plainfield-38 St Charles/Campton Hills-23

Yorkville-16

Short sales accepted this week by seller’s doubled from last week. 5 this week compared to 2 the week before. Still very low. There were 1 each in Montgomery, Plainfield and Sandwich. 2 in Oswego this week.

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home before purchasing. 12 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer selling and closing before they can purchase. 1 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555. Jerffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are selling, buying or both.

Thinking about selling? We will update the value of your home in today’s market and provide you with a net proceeds that will show you the expenses to sell your home so you know where you are at.

If you are thinking about purchasing your first step is to contact a loan officer to get pre-qualified so you know the type of loan and what price range will work for you.

We will guide your through the process of selling or purchasing. We can make a few recommendations of loan officers, real estate attorneys and inspectors if you don’t know any already. You can choose who you think will workout best for you.

Check out these resources:

Fox Valley market update June 22 2019. Have a great week! Let us know how we can help you.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com or Kristineheiman@besthomesfv.com

You can also check out a different way to search for a home. Click on satellite view and you can see how the home is situated on the lot. It will show you if it is a corner lot, does it have a backyard and is it fenced in, Is there anything else for sale in the neighborhood.

Fox Valley Market Update June 15 2019

Posted on June 15, 2019June 15, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 15 2019

Fox Valley market update June 15 2019. New listings of single family homes were up this week. 433 new this week compared to 401 the week before. This should make buyer’s happy if they are in the price ranges that they are looking in.

2019 new listings of single family homes by the month:

January-878
February-1.032
March-1,731
April-1,594
May-2,004
June so far-834

Closing this week were slightly down. 294 this week compared to 326 the week before. These numbers will increase as we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

January-407
February-465
March-915
April-790
May-1,391
June so far-620

So far May is the biggest month for new listings and closings.

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

Aurora-New 44 $109,900-$529,900 Closed-34 $106,000-$385,000

Batavia-New 17 $99,900-$559,870 Closed-12 $265,968-$482,500

Bolingbrook-New 37 $144,900-$749,000 Closed-16 $194,900-$385,000

Geneva-New 24 $227,500-$929,999 Closed-17 $229,000-$485,000

Naperville-New 76 $290,000-$1,279,000 Closed-54 $252,000-$1,340,476

Oswego-New 24 $229,900-$375,000 Closed-20 $212,000-$395,000

Plainfield-New 59 $169,900-$975,000 Closed-32 $178,000-$765,000

Plano-New 10 $149,900-$289,900 Closed-3 $186,000-$265,000

St Charles/Campton Hills-New 39 $149,900-$1,299,000 Closed-25 $145,000-$833,920

Sycamore-New 10 $235,000-$409,000 Closed-10 $140,000-$306,000

West Chicago-New 12 $176,000-$500,000 Closed-12 $145,000-$642,500

Yorkville-New 22 $184,700-$564,900 Closed-11 $211,000-$363,500

Contracts accepted this week

Contracts of single family homes were slightly down this week. 317 this week compared to 336 the week before. That is not too far off. So many people are busy with the end of school and graduations. Some even out of town.

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

Aurora-46 Bolingbrook-22 Geneva-15

Naperville-48 North Aurora-10 Oswego-18

Plainfield-43 St Charles/Campton Hills-26 Yorkville-18

Contracts accepted by the month for 2019:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-653

This gives you an idea of the closings to come and which months buyer’s found a home an acted on it. So far May has been the best month to list a home, close on a home and get a contract accepted on a home.

Short sales accepted this week were still low. 2 accepted this week by seller’s compared to 1 the week before. This week there was 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept as written.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 10 with a kick-out clause of 72 hours, 16 with 48 hours and 3 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer’s selling and closing on their current home. 4 with a 72 hour kick-out clause, 4 with 48 hours and 3 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555. Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best.

Check out these resources:

Fox Valley market update June 15 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

You might also like trying out this way to search for a home. If you click on satellite view you an see from above the home to see how it is situated on the property. If it is a corner lot or what else is for sale in the area. Try it out and let me know what you think!

Fox Valley Market Update June 8 2019

Posted on June 8, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 8 2019

Fox Valley market update June 8 2019. New listings of single family homes were up this week! 401 this week compared to 359 the week before. Good news for buyer’s that are out there trying to find a home.

2019 new listings of single family homes month by month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June so far-401

Closed single family homes were also up. 326 this week compared to 296 the week before. That is surprising for the beginning of the month. Most buyer’s want to close at the end of the month.

Closed single family homes 2019 month by month:

January-407
February-465
March-915
April-790
May-1,391
June so far-326

So far May is the busiest month for both new listings and closed single family homes.

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

Aurora-New 43 $89,900-$539,900 Closed-44 $115,000-$706,000

Batavia-New 14 $269,250-$799,900 Closed-12 $228,000-$464,000

Bolingbrook-New 24 $159,999-$575,000 Closed-28 $149,000-$400,000

Geneva-New 26 $225,000-$1,599,000 Closed-13 $250,000-$598,500

Montgomery-New 14 $135,076-$325,000 Closed-10 $210,000-$300,000

Naperville-New 72 $259,900-$2,550,000 Closed-62 $255,000-$1,262,000

North Aurora-New 12 $245,000-$499,900 Closed-5 $205,000-$342,700

Oswego-New 18 $209,000-$659,000 Closed-22 $135,000-$492,500

Plainfield-New 39 $174,900-$599,900 Closed-44 $169,900-$517,000

St Charles/Campton Hills-New 36 $149,900-$775,000 Closed-19 $167,000-$995,000

West Chicago-New 16 $150,000-$1,200,000 Closed-6 $141,000-$570,000

Yorkville-New 13 $229,900-$425,000 Closed-18 $215,000-$515,000

Contracts accepted this week

Contracts on single family homes were up this week. 336 this week compared to 285 the week before. This next week should be good as well with all the new listings.

Contracts accepted 2019 month by month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-336

These numbers, even though we do not know if they will all close, give you an idea of closings to come. It shows you which months are more active with buyer’s out there ready to buy.

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

Aurora-44 Batavia-11 Bolingbrook-28 Geneva-10

Montgomery-17 Naperville-61 Oswego-14 Plainfield-44

St Charles/Campton Hills-26 West Chicago-11 Yorkville-10

There was only 1 short sales accepted by a seller this week and it was in Plainfield. Last week there were 2. We are happy to see these numbers remain low.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 7 with 48 hours and 4 with 24 hours.

Contact us

We are keeping and eye on the market. Call us with any questions you have at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

Resources to check out:

We want to explain the process to you so you feel comfortable with your decisions. We guide you through the process.

Fox Valley market update June 8 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

Check out another way to search for a home. You can click on the satellite view and see if the home you want to see is on a corner lot, has a fenced in back yard or what else if for sale near by.

Fox Valley Market Update June 1 2019

Posted on June 1, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 1 2019

Fox Valley market update June 1 2019. New listings of single family homes were down this week. 359 this week compared to 402 the week before. Holidays do have an impact. It was a shorter week with Memorial Day on Monday this last week. Most schools are now out so things will get back to normal.

2019 new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004

Closings this week of single family homes were up this week. 296 this week compared to 236 the week before. End of the month is when most buyer’s want to close.

Closings of single family homes in 2019 by the month:

January-407
February-465
March-915
April-790
May-1,095

May has turned out to be the best month so far for new listings and the amount of closings in the Fox Valley. We are looking forward to starting a new month!

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

Aurora-New 38 $130,000-$925,900 Closed-38 $78,000-$420,000

Batavia-New 18 $215,000-$599,000 Closed-8 $249,900-$630,000

Bolingbrook-New 25 $175,000-$529,000 Closed-16 $161,000-$586,000

Geneva-New 14 $299,000-$949,900 Closed-10 $181,000-$2,100,000

Montgomery-New 14 $179,900-$325,000 Closed-20 $141,000-$303,000

Naperville-New 77 $310,000-$999,000 Closed-50 $241,000-$2,374,029

Oswego-New 15 $192,000-$944,000 Closed-15 $100,000-$940,001

Plainfield-New 40 $194,999-$620,000 Closed-30 $148,000-$425,000

St Charles/Campton Hills-New 32 $185,000-$1,095,000 Closed-23 $180,000-$774,000

West Chicago-New 11 $209,900-$699,900 Closed-10 $179,900-$420,000

Yorkville-New 13 $223,000-$549,900 Closed-12 $156,000-$485,000

Contracts accepted this week

Contracts accepted of single family homes this week were down. 285 this week compared to 333 the week before. Now that the holiday is over things should get back to normal.

2019 contracts accepted of single family homes by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665

The end of June and into July should have a good number of closings. May is the best month so far for activity in the Fox Valley.

Take a look at the communities that seller’s accepted the most contracts:

Aurora-39 Bolingbrook-23 Montgomery-15 Naperville-50

Oswego-23 Plainfield-37 St Charles/Campton Hills-25

Accepted contracts on short sales of single family homes was also down. 2 this week compared to 4 the week before. There was 1 each in Montgomery and Naperville.

Contracts were accepted on homes that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 19 with 48 hours and 5 with 24 hours.

Seller’s also accepted contracts on homes that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104 , Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. Our goal is to negotiate price and terms that are best.

Now that school is out it is a great time to get your home on the market. Hopefully we are coming to the end of all the rain we have been having so you can get your yard and flower beds in shape to welcome buyers.

Resources to check out:

Fox Valley market update June 1 2019. Have a great week! Let us know what questions you have.

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Try a different way of searching. Click on the satellite view so you can see if the home has a yard, is on a corner lot or any other homes for sale there and how much.

Fox Valley Market Update May 25 2019

Posted on May 25, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 25 2019

Fox Valley market update May 25 2019. New listings of single family homes were slightly lower this week. 402 this week compared to 438 the week before.

2019 New listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May so far-1,645

We have 1 more week to go. This is a holiday weekend so we will see how this week goes. Sometimes holidays are slower and others see more activity.

Closed listings of single family homes were also slightly lower. 236 this week compared to 246 the week before.

Closed single family homes so far in 2019 by the month:

January-407
February-465
March-915
April-790
May so far-1,095

May is showing the most closings of single family homes so far. Next week will bring these numbers up even more with the end of the month when most Buyers want to close.

Take a look at the communities with the most activity this week of single family homes:

Aurora-New 41 $160,000-$620,000 Closed-28 $63,000-$540,000

Batavia-New 15 $259,900-$635,000 Closed-5 $255,000-$603,500

Bolingbrook-New 26 $189,900-$766,000 Closed-11 $186,000-$515,000

Geneva-New 19 $239,000-$949,900 Closed-5 $345,000-$770,000

Hinckley-New 10 $189,900-$394,000

Naperville-New 91 $290,000-$1,699,000 Closed-46 $285,500-$1,300,000

North Aurora-New 10 $165,000-$398,500 Closed-8 $157,000-$395,000

Oswego-New 22 $199,900-$399,900 Closed-16 $163,999-$425,000

Plainfield-New 51 $179,900-$925,000 Closed-38 $102,000-$640,000

St Charles/Campton HIlls-New 27 $224,900-$1,150,000 Closed-19 $127,500-$740,000

Sycamore-New 10 $128,000-$304,000 Closed-7 $159,900-$339,000

West Chicago-New 3 $119,900-$684,753 Closed-8 $118,000-$505,000

Yorkville-New 14 $195,000-$415,000 Closed-6 $255,000-$410,000

Contracts accepted this week

Contracts accepted this week of single family homes was slightly up this week. 337 this week compared to 307 the week before.

2019 look by the month of accepted contracts:

January-608
February-832
March-1,375
April-1,307
May so far-1,380

This gives you an idea of closings to come. March contracts accepted shows you why May closings are up. This month’s closings will probably close the end of June or in July. May is already above the other months and we still have a week to go.

Take a look at the communities this week that Sellers accepted the most contracts:

Aurora-46 Batavia-13 Bolingbrook-33 Elburn-14

Geneva-15 Montgomery-11 Naperville-51 Oswego-14

Plainfield-38 St Charles/Campton Hills-28 West Chicago-10 Yorkville-12

Short sales accepted of single family homes by Sellers doubled this week. 4 this week compared to 2 the week before. These are still lownumbers. There was 1 each in Batavia, Bolingbrook, Plainfield & St Charles/Campton Hills.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home. 12 with a kick-out clause of 72 hours, 17 with 48 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 5 with a kick-out clause of 72 hours and 5 also with 48 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101 with all of your real estate questions. Our goal is to negotiate price and terms that are best whether buying or selling a home. We are keeping an eye on the market. Check back here every Saturday for the Fox Valley market update.

Resources to check out:

Fox Valley market update May 25 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

630-503-6555

Check out this different way of searching that you can see where in the neighborhood the home is. Is it on a corner, does it have a back yard or is there anything else for sale and how much. Let us know what you think!

Fox Valley Market Update May 18 2019

Posted on May 18, 2019May 18, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 18 2019

Fox Valley market update May 18 2019. New listings of single family homes picked up this week. 438 this week compared to 402 the week before.

2019 New listing of single family homes in the Fox Valley market by the month:

January-878
February-1,032
March-1,731
April-1,594
May so far-1,243

We still have 2 weeks to go in May! Now is a great time to be out looking at homes with more new listings coming on the market everyday.

Closed listings this week were also up. 246 this week compared to 212 the week before. These numbers should increase as we head into the end of the month when most Buyers want to close.

2019 Closed listings of single family homes in the Fox Valley by the month:

January-407
February-465
March-915
April-790
May so far-759

May will pass up April in both New listing and Closed listings.

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

Aurora-New 49 $99,000-$635,000 Closed-40 $119,900-$685,085

Batavia-New 16 $100,000-$750,000 Closed-5 $229,900-$620,000

Bolingbrook-New 29 $167,900-$699,900 Closed-21 $132,300-$388,500

Geneva-New 19 $227,900-$825,000 Closed-7 $190,000-$531,500

Montgomery-New 9 $109,900-$295,000 Closed-10 $122,350-$269,900

Naperville-New 113 $209,000-$1,225,000 Closed-40 $232,166-$1,100,000

Oswego-New 21 $154,900-$964,000 Closed-18 $120,000-$380,000

Plainfield-New 44 $189,900-$799,999 Closed-29 $140,000-$455,000

Plano-New 12 $160,000-$385,000 Closed-5 $50,000-$247,410

St Charles/Campton Hills-New 36 $228,900-$1,375,000 Closed-17 $230,000-$800,000

West Chicago-New 10 $104,900-$600,000 Closed-6 $210,000-$450,000

Yorkville-New 18 $172,500-$599,900 Closed-9 $212,500-$367,500

Contracts accepted this week

Contracts accepted this week by Sellers of single family homes was slightly up this week. 307 this week compared to 302 the week before. We love consistency!

2019 look at contracts accepted of single family homes in the Fox Valley by month:

January-608
February-832
March-1,375
April-1,307
May so far-947

Very exciting time for both Buyer and Seller! Now the process to get to closing. Let us help you to get on this list and guide you to closing. If you are thinking about purchasing you need to get pre-approved with a loan officer. Thinking about selling? We can show you what your home is worth in today’s market and show you what the outcome might look like.

Communities this week that Sellers accepted the most contracts:

Aurora-42 Bolingbrook-30 Geneva-11

Montgomery-10 Naperville-59 Oswego-20

Plainfield-34 Plano-10 St Charles/Campton Hills-18

Short sales this week accepted by Sellers were half of last week. 2 this week compared to 4 the week before. 1 each in Oswego & West Chicago.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 9 with a kick-out clause of 72 hours, 22 with 48 hours and 2 with 24 hours.

Contracts were also accepted by Sellers that the Buyer still needs to sell and close on their current home. 4 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman Managing Broker ext 101. Let us know what questions you have and how we can help you with your real estate goals.

Resources to check out:

Fox Valley market update May 18 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might like this way of searching for a home. Let us know what you think!

Fox Valley Market Update May 11 2019

Posted on May 11, 2019May 11, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 11 2019

Fox Valley market update May 11 2019. New single family homes listed this week are very consistent. 402 this week compared to 403 the week before., You can’t get more consistent than that! Spring market continues to be strong.

Year to date by the month of new listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-805

Closed listings of single family homes this week were lower than last week. 212 this week compared to 301 the week before. We are in the beginning of the month so this is to be expected. Closed listings will increase as we head to the end of the month.

Year to date by the month of closed listings of single family homes:

January-407
February-465
March-915
April-790
May so far-513

Take a look at the activity this week:

Aurora-New 48 $121,900-$995,000 Closed-36 $59,500-$433,000

Batavia-New 10 $229,000-$529,000 Closed-5 $165,000-$575,000

Bolingbrook-New 38 $137,900-$599,900 Closed-14 $136,500-$401,000

Geneva-New 23 $190,500-$1,299,000 Closed-3 $220,000-$320,000

Montgomery-New 25 $157,000-$320,400 Closed-5 $220,000-$297,000

Naperville-New 90 $244,000-$2,995,000 Closed-41 $130,000-$960,000

Oswego-New 19 $174,000-$549,900 Closed-13 $180,000-$416,903

Plainfield-New $40 $151,000-$549,900 Closed-27 $150,000-$727,000

Plano-New 10 $155,000-$316,000 Closed-4 $68,700-$244,000

St Charles/Campton Hills-New 35 $199,000-$1,349,000 Closed-16 $167,000-$772,000

West Chicago-New 10 $224,900-$400,000 Closed-6 $110,000-$540,000

Yorkville-New 13 $239,000-$364,900 Closed-6 $209,500-$335,000

Contract accepted this week

Contracts accepted this week were slightly off of the week before. 302 this week compared to 338 the week before. It was another rainy week. I don’t know if that contributed to it but we are tired of the rain. Next week it looks like only Wednesday will be raining, It is a good time to look at homes when it is raining though to see if there are any leaks or water in basements. So rain sometimes is a good time to look at homes.

Here are the communities that Sellers accepted the most contracts this week:

Aurora-35 Batavia-17 Bolingbrook-23 Geneva-12

Montgomery-12 Naperville-48 Oswego-23 Plainfield-33

St Charles/ Campton Hills-31 Yorkville-10

Year to date by the month of contracts accepted:

January-608
February-832
March-1,375
April-1,307
May so far-640

Short sales accepted are staying consistent. 4 this week compared to 3 the week before. Now they will be submitted to the lender to see if they will also accept as written. 1 each in Bolingbrook, Geneva, St Charles/Campton Hills and West Chicago.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing. 5 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether selling or buying a home.

Information to check out:

Now is a great time to sell or purchase a home. Many lenders are coming up with new loan programs and they also help out with down payment so it is good to check with them. They also help you with bringing up your credit score so you can hopefully get a better interest rate. Let us know what questions you have.

Fox Valley market update May 11 2019. Have a great week!

Kristine Heiman-Mananging Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out this search tool. If you click on the satellite view you can see where a home for sale is within a neighborhood, if it has a backyard or is fenced in. You can also see what else is for sale and the prices. Let us know how you like it.

Fox Valley Market Update May 4 2019

Posted on May 4, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 4 2019

Fox Valley market update May 4 2019. New listings of single family homes were almost identical to the week before. 403 this week compared to 405 the week before. We love a consistent market! If you can’t find a home in the community you are currently looking in with the price range you need. Look at the chart above and see where you should be looking.

Look at the numbers so far this year for New listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-403

Closed listings this week were way up. 301 this week compared to 208 the week before. Monday and Tuesday were the last 2 days of April. I bet a lot of the closings happened those 2 days. Most Buyers want to close at the end of the month.

Here are the totals for each month of closings of Single family homes:

January-407
February-465
March-915
April-790
May so far-301

Take a look at the activity this week:

Aurora-New 56 $120,000-$599,900 Closed-43 $119,500-$597,500

Batavia-New 8 $220,000-$1,575,000 Closed-13 $170,000-$759,900

Bolingbrook-New 24 $199,900-$450,000 Closed-21 $168,000-$674,999

Geneva-New 14 $259,900-$712,900 Closed-17 $282,500-$1,095,000

Montgomery-New 10 $189,800-$489,900 Closed-16 $153,000-$273,000

Naperville-New 92 $240,000-$1,525,000 Closed-45 $295,000-$2,150,000

Oswego-New 25 $144,900-$499,900 Closed-12 $70,000-$353,900

Plainfield-New 41 $175,000-$549,900 Closed-44 $190,000-$1,775,244

St Charles/Campton Hills-New 37 $224,900-$1,275,000 Closed-26 $230,000-$779,000

West Chicago-New 10 $248,900-$649,800 Closed-11 $140,000-$436,000

Winfield-New 10 $269,900-$675,000 Closed-5 $215,000-$622,000

Yorkville-New 18 $150,000-$550,000 Closed-12 $187,000-$392,000

Contracts accepted this week

Contracts accepted by Sellers was up slightly this week. 338 this week compared to 311 the week before. We have had nothing but rain. It has not kept the Buyers away though. They know that they better look now or they will miss out on a property. You can’t sit back and wait for a better time.

Look at the communities that Sellers accepted the most contracts this week:

Aurora-45 Bolingbrook-20 Geneva-12 Montgomery-10

Naperville-58 North Aurora-14 Oswego-20 Plainfield-46

St Charles/Campton Hills-17 Yorkville-20

Look at the monthly totals so far this year of accepted contracts:

January-608
February-832
March-1,375
April-1,307
May so far-338

So far this year March has been the best month over all. May is looking like the month to pass up March. We are off to a great start this month. Don’t sit back and wait. It still is a great time to get your home on the market or look for a home to purchase.

Short sales accepted by Sellers is exactly the same this week as the week before. 3 both weeks. Now they will be submitted to the lender to see if they will also accept as written.

Contracts were accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 13 with 48 hours and 2 with 24 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing. 3 with a kick-out clause of 72 hours, 7 with 48 hours and 1 with 24 hours.

Contact us

Contact us to update the market value on your home. We will provide you with a net proceeds that gives you and estimate of expenses to sell. We will update this when an offer comes in and we know all the terms so you can make an informed decision.

Resources for you to check out:

Fox Valley market update May 4 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

You might want to try this tool and see if you like it better for your search. You can see a satellite view so you can see if a home is on a corner, if it has a back yard or what else is for sale in the neighborhood.