Fox Valley home prices November 2nd

Posted on November 2, 2024November 2, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 2nd

Fox Valley home prices November 2nd. 60 and sunny today. This next week will be mid 50’s to upper 60’s. I am enjoying this wonderful weather!

New listings this week are down. 151 this week compared to 175 the previous week.

Closed listings are up. 226 this week compared to 183 the previous week.

Here is the communities with the most activity this week in the Fox Valley area of Illinois.

Aurora-New 19 $139,900-$825,000

Closed-32 $200,000-$960,000

Bolingbrook-New 6 $294,900-$539,000

Closed-15 $235,000-$900,008

Elgin-New 20 $219,500-$625,000

Closed-25 $227,000-$604,006

Montgomery-New 0

Closed-12 $225,000-$405,000

Naperville-New 20 $379,900-$2,499,995

Closed-39 $449,000-$2,200,000

Oswego-New 11 $349,900-$560,900

Closed-13 $260,000-$719,160

Plainfield-New 20 $324,900-$929,000

Closed-15 $325,000-$922,277

St Charles-New 8 $424,000-$1,195,000

Closed-12 $265,000-$3,200,000

Yorkville-New 11 $325,000-$519,900

Closed-8 $446,500-$665,000

Other communities had activity this week. Look at the photo above for the price ranges.

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

Median list price this week $450,000, last week $444,995.

Closed median price this week $463,120, last week $435,000.

Stats 110224 — Stats for week ending November 2nd

Conventional financing was used to close on 175 homes this week at median price $480,000 with 35 days average market time, last week 135 homes at median price $456,990 with 30 days average market time.

Conv 110224 — Conventional financing used to close for week ending November 2nd

Cash was used to close on 30 homes this week at median price $590,000 with 18 days average market time, last week 27 homes at median price $369,900 with 20 days average market time.

Cash 110224 — Cash used to close for week ending November 2nd

FHA financing was used to close on 16 homes this week at median price $300,500 with 25 days average market time, last week 14 homes at median price $362,500 with 53 days average market time.

FHA 110224 — FHA financing used to close for week ending November 2nd

VA financing was used to close on 5 homes this week at median price $473,990 with 37 days average market time, last week 6 homes at median price $410,000 with 23 days average market time.

VA 110224 — VA financing used to close for week ending November 2nd

2,000 SF or more closed on 143 homes this week at median price $570,000 with 38 days average market time, last week 107 homes at median price $503,000 with 36 days average market time. Minimum price this week $263,000, last week $193,000.

2000 SF or more 110224 — 2,000 SF or more closed for week ending November 2nd

A little over 63% of homes closed this week were at least 2,000 SF or more. Conventional financing was used to close on a little over 77% of homes this week. Cash was double FHA financing.

Under contract this week

Homes that went under contract this week were down. 155 this week compared to 181 the previous week.

Aurora-14 Batavia-11

Bolingbrook-14 Elgin-11

Naperville-13 Oswego-10

Plainfield-18

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 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. 2 with a kick-out clause of 72 hours, 1 with 48 hours, and 1 with 24 hours.

Under contract median price this week $419,000 with 47 days average market time, last week $424,900 with 40 days average market time.

Under contract stats 110224 — Under contract stats for week ending November 2nd

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

Totals 8668 7725 8350

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

Totals 7100 6611 7374

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

Totals 8646 8595 8925

We are doing better than last year, even with higher interest rates, but worse than 2022.

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

Contact us

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

Here is some information that might help you. Click on everything that is bold and underlined to take you to the information.

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

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

Fox Valley home prices November 2nd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 12th

Posted on October 12, 2024October 12, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 12th

Fox Valley home prices October 12th. Today is the last day in the 70’s for a while. It will be in the 60’s this next week.

New listings this week are down slightly. 219 this week compared to 231 the previous week.

Closed listings are down. 168 this week compared to 209 the previous week.

Aurora-New 16 $139,900-$719,000

Closed-26 $169,000-$555,000

Batavia-New 12 $475,000-$719,907

Closed-2 $235,000-$324,000

Bolingbrook-New 14 $340,000-$1,395,000

Closed-4 $201,000-$341,000

Elgin-New 18 $195,000-$750,000

Closed-12 $124,000-$690,000

Naperville-New 28 $350,000-$1,599,000

Closed-25 $425,000-$1,750,000

Oswego-New 11 $295,000-$669,000

Closed-10 $261,000-$680,000

Plainfield-New 52 $245,000-$899,000

Closed-26 $275,000-$678,983

St Charles-New 13 $259,000-$1,350,000

Closed-12 $270,000-$785,000

Take a look at Plainfield!

These are the communities with the most activity this week. Other communities had activity as well. Take a look at their price ranges in the photo above.

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

Median list price this week $460,000, last week $450,000.

Closed median price this week $431,500, last week $430,000.

Stats 101224 — Stats for week ending October 12th

Conventional financing was used to close on 125 homes this week at median price $450,000 with 30 days average market time, last week 155 homes at median price $449,000 with 28 days average market time.

Conv 101224 — Conventional financing used to close for week ending October 12th

Cash was used to close on 22 homes this week at median price $407,500 with 29 days average market time, last week 33 homes at median price $390,000 with 54 days average market time.

Cash 101224 — Cash used to close for week ending October 12th

FHA financing was used to close on 13 homes this week at median price $329,999 with 30 days average market time, last week 14 homes at median price 325,000 with 24 days average market time.

FHA 101224 — FHA financing used to close for week ending October 12th

VA financing was used to close on 6 homes this week at median price $312,500 with 22 days average market time, last week 6 homes at median price $497,500 with 14 days average market time.

VA 101224 — VA financing used to close for week ending October 12th

2,000 SF or more closed on 101 homes this week at median price $525,000 with 35 days average market time, last week 128 homes at median price $520,000 with 39 days average market time. Minimum price this week $230,000, last week $253,000.

2000 SF or more 101224 — 2,000 SF or more closed for week ending October 12th

Under contract this week

Homes that went under contract this week are up. 191 this week compared to 177 the previous week.

Aurora-29 Bolingbrook-10

Elgin-15 Naperville-22

Plainfield-33 St Charles-16

Yorkville-12

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

Seller’s accepted contracts that are contingent on the buyer closing on their current homes. 5 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 with a kick-out clause of 72 hours, 6 with 48 hours, and 2 with 24 hours.

Median price of homes that went under contract this week $420,321 with 43 days average market time, last week $440,000 with 44 days average market time.

Under contract stats 101224 — Under contract stats for week ending October 12th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 450 377 368

Totals 8128 7166 7840

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 2023 and 2022 so you have something to compare to.

Contact us

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

Every week we post these resources for you to check out. Click on everything that is bold and underlined to take you to the information.

Here is information on my website for you to check out. Request home valuation, Sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices October 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 17th

Posted on August 17, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 17th

Fox Valley home prices August 17th. It looks like a couple of days of possible rain with temperatures in the 70’s and lower 80’s.

Today starts the new rules. We can no longer offer cooperating commission on the MLS. This will need to be determined off of the MLS and buyers need to sign buyer agreements before touring a home.

New listings are down. 199 new listings this week compared to 260 the previous week.

Closed listings are up. 220 closed listings this week compared to 197 the previous week.

Aurora-New 28 $208,000-$624,900

Closed-28 $125,000-$801,908

Batavia-New 3 $360,000-$669,900

Closed-10 $280,000-$710,000

Bolingbrook-New 11 $299,900-$652,000

Closed-11 $244,900-$576,000

Elgin-New 22 $229,000-$620,000

Closed-23 $245,000-$745,000

Naperville-New 37 $363,000-$2,490,000

Closed-31 $440,000-$1,375,000

Oswego-New 11 $310,000-$549,900

Closed-14 $327,000-$669,230

Plainfield-New 19 $287,000-$1,400,000

Closed-25 $344,999-$930,000

St Charles-New 15 $349,900-$1,250,000

Closed-10 $305,000-$672,000

Check out the other communities that had activity this week in the photo above. We are highlighting the ones that had the most activity.

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

Median list price this week $463,750, last week $475,000.

Closed median price this week $460,000, last week $476,000.

Stats 081724 — Stats for week ending August 17th

Conventional financing was used to close on 176 homes this week at median price $455,000 with 22 days average market time, last week 140 homes at median price $487,950 with 23 days average market time.

Conv 081724 — Conventional financing used to close for week ending August 17th

Cash was used to close on 31 homes this week at median price $534,000 with 26 days average market time, last week 32 homes at median price $439,750 with 17 days average market time.

Cash 081724 — Cash was used to close for week ending August 17th

FHA financing was used to close on 12 homes this week at median price $323,000 with 19 days average market time, last week 15 homes at median price $425,000 with 40 days average market time.

FHA 081724 — FHA financing used to close for week ending August 17th

VA financing was used to close on 10 homes at median price 537,500 with 113 days average market time, last week 10 homes at median price $387,500 with 19 days average market time.

VA 081724 — VA financing was used to close for week ending August 17th

2,000 SF or more closed on 147 homes at median price $545,000 with 30 days average market time, last week 122 homes at median price $522,500 with 28 days average market time. Minimum price this week $314,000, last week $251,000.

2000 SF or more 081724 — 2,000 SF or more closed for week ending August 17th

Conventional financing plus cash make up most of the homes closed this week. Only 12 used FHA and 10 VA.

Under contract this week

Homes that went under contract this week are down slightly. 183 this week compared to 200 the previous week.

Aurora-26 Batavia-10

Bolingbrook-17 Elgin-17

Naperville-22 Oswego-10

Plainfield-17

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

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

Median price of homes that went under contract this week $419,896 with 29 days average market time, last week $419,950 with 29 days average market time.

Under contract stats 081724 — Under contract stats for week ending August 17th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 459 426 383

Totals 6405 5623 6353

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 take a look back at 2023 and 2022.

Contact us

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

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

Also on my website you canrequest a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices August 17th. 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 22nd

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

Fox Valley home prices June 22nd

Fox Valley home prices June 22nd. Another hot and humid day today then we will will go back to the mid 80’s.

New listings this week are down. 243 this week compared to 271 the previous week.

Closed listings are also down. 205 this week compared to 231 the previous week.

Aurora-New 29 $200,000-$860,000

Closed-23 $243,000-$740,000

Bolingbrook-New 20 $275,000-$850,000

Closed-13 $232,850-$530,000

Elgin-New 21 $200,000-$698,000

Closed-19 $169,900-$1,060,000

Geneva-New 8 $405,000-$995,000

Closed-12 $310,000-$998,500

Naperville-New 35 $395,000-$2,499,900

Closed-35 $430,000-$1,700,000

Oswego-New 12 $299,900-$700,000

Closed-7 $265,000-$590,000

Plainfield-New 44 $254,900-$1,799,999

Closed-28 $331,500-$930,000

St Charles-New 16 $311,000-$1,200,000

Closed-1 $360,150-$2,200,000

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

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

Median list price this week $475,000, last week $485,000

Closed median price this week $475,000, last week $480,000.

Stats 062224 — Stats for week ending June 22nd

Conventional financing used to close on 153 homes this week at median price $490,000 with 23 days average market time, last week 165 homes at median price $492,000 with 34 days average market time.

Conv 062224 — Conventional financing used to close for week ending June 22nd

Cash was used to close on 33 homes this week at median price $485,000 with 17 days average market time, last week 37 homes at median price $520,000 with 40 days average market time.

Cash 062224 — Cash used to close for week ending June 22nd

FHA financing was used to close on 12 homes this week at median price $379,250 with 18 days average market time, last week 19 homes at median price $325,000 with 16 days average market time.

FHA 062224 — FHA financing used to close for week ending June 22nd

VA financing was used to close on 5 homes this week at median price $439,000 with 21 days average market time, last week 6 homes at median price $438,445 with 14 days average market time.

VA 062224 — VA financing used to close for week ending June 22nd

2,000 SF or more closed on 145 homes this week at median price $539,000 with 22 days average market time, last week 144 homes at median price $552,500 with 39 days average market time. Minimum price this week $175,000, last week $276,900.

2000 SF or more 062224 — 2000 SF or more for week ending June 22nd

A little over 74% of homes closed this week used Conventional financing and a little over 70% of homes were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent. 234 this week compared to 224 the previous week.

Aurora-28 Bolingbrook-19

Elgin-22 Naperville-35

Oswego-17 Plainfield-29

St Charles-21

2 short sales were accepted by seller’s this week. 1 in Aurora and 1 in 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, 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. 2 with a kick-out clause of 72 hours and 3 with 48 hours.

That is only 12 out of 234 that went under contract that were contingent on either a closing or a sale and closing. Not many at all.

Median price of homes that went under contract this week $471,935 with 35 days average market time, last week $452,500 with 32 days average market time.

Under contract stats 062224 — Under contract stats for week ending June 22nd

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1022 1075

June 740 657 685

Totals 4504 3918 4643

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 2023 and 2022 so you have something to compare to.

Contact us

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

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 today is downloaded from our MLS, MRED, LLC. The data changes throughout the day.

Fox Valley home prices June 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 June 15th

Posted on June 15, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 15th

Fox Valley home prices June 15th. It is a gorgeous day today. It is going to be in the upper 80’s and low 90’s for the next week.

New listings this week are up. 271 this week compared to 226 the previous week.

Closed listings are consistent. 231 this week compared to 221 the previous week.

Aurora-New 25 $69,000-$799,900

Closed-18 $247,000-$763,500

Batavia-New 7 $430,000-1,295,000

Closed-10 $247,000-$805,000

Bolingbrook-New 18 $209,900-$715,068

Closed-16 $276,900-$640,000

Elgin-New 26 $160,000-$725,000

Closed-31 $79,900-$789,000

Geneva-New 8 $285,000-$674,900

Closed-14 $340,000-$1,600,000

Naperville-New 60 $449,000-$2,274,000

Closed-40 $430,000-$1,500,000

Oswego-New 12 $295,000-$619,900

Closed-9 $315,000-$662,390

Plainfield-New 43 $260,000-!,275,000

Closed-32 $345,000-$695,000

St Charles-New 17 $345,000-$1,740,000

Closed-12 $331,200-$785,000

Yorkville-New 12 $149,900-$759,900

Closed-10 $300,000-$620,000

Look at the other communities that had activity this week in the photo above. We just highlighted the ones with the most activity.

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

Median list price this week for the Fox Valley area of Illinois $485,000, last week $467,912.

Closed median price this week $480,000, last week $460,000.

Stats 061524 — Stats for week ending June 15th

Conventional financing was used to close on 165 homes this week at median price $492,000 with 34 days average market time, last week 173 homes at median price $470,990 with 28 days average market time.

Conv 061524 — Conventional financing used to close for week ending June 15th

Cash was used to close on 37 homes this week at median price $520,000 with 40 days average market time, last week 25 homes at median price $535,000 with 58 days average market time.

Cash 061524 — Cash used to close for week ending June 15th

FHA financing was used to close on 19 homes this week at median price $325,000 with 16 days average market time, last week 17 homes at median price $362,000 with 41 days average market time.

FHA 061524 — FHA financing used to close for week ending June 15th

VA financing was used to close on 6 homes this week at median price $438,445 with 14 days average market time, last week 6 homes at median price $360,000 with 36 days average market time.

VA 061524 — VA financing used to close for week ending June 15th

2,000 SF or more closed on 144 homes at median price $552,500 with 39 days average market time, last week 136 homes at median price $544,000 with 35 days average market time. Minimum price this week $276,900, last week $259,100.

2000 SF or more 061524 — 2000 SF or more homes closed for week ending June 15th

Until more homes come on the market or more homes are built in every price range I think we are going to see buyers use Conventional financing or cash to get their offer accepted. This week Conventional 165 + Cash 37 = 202 which represented 87% of the homes closed this week.

Under contract this week

Homes that went under contract this week are consistent. 224 this week compared to 227 the previous week.

Aurora-30 Bolingbrook-22

Elgin-19 Naperville-34

Plainfield-22 St Charles-18

3 short sales were accepted by seller’s this week. 1 each in Aurora, Naperville, 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. 3 with a kick-out clause of 72 hours, 3 with 48 hours, and 1 with 24 hours.

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

This is 11 homes out of 224 that went under contract that have a contingency of a home to close or sell and close.

Median price of homes that went under contract this week $452,500 with 32 days average market time, last week $449,900 with 31 days average market time.

Under contract stats 061524 — Under contract stats for week ending June 15th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 497 452 451

Totals 4261 3693 4409

Numbers are going up each month. We are headed in the right direction.

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 2023 and 2022.

Contact us

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

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

Types of loans and the process
VA loans and the requirements
Down payment assistance – recently I saw help in Lake County Illinois
IHDA programs
Request a home valuation
Sign-up for email alerts
Search for a home anytime

If there is any other information you are looking for let us know and we will point you in the right direction.

Let us know if you would like to schedule a zoom meeting to ask questions and get started.

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

Fox Valley home prices June 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 June 8th

Posted on June 8, 2024June 8, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 8th

Fox Valley home prices June 8th. This is the first full week of June. Temperatures will range from the mid 70’s to upper 80’s this week.

New listings this week are consistent. 226 this week compared to 219 the previous week.

Closed listings are also consistent. 221 this week compared to 218 the previous week.

Aurora-New 35 $125,000-$729,900

Closed-21 $175,000-$1,025,000

Bolingbrook-New 14 $285,000-$675,000

Closed-14 $240,000-$1,280,000

Elgin-New 16 $249,000-$799,900

Closed-24 $238,000-$688,110

Geneva-New 10 $309,900-$2,975,000

Closed-8 $289,000-$725,000

Naperville-New 34 $459,900-$1,995,000

Closed-35 $360,000-$1,587,500

Oswego-New 10 $400,000-$717,900

Closed-6 $264,000-$530,000

Plainfield-New 24 $250,000-$695,900

Closed-25 $260,000-$624,757

St Charles-New 19 $300,000-$2,100,000

Closed-23 $246,000-$1,488,000

We highlighted the communities with the most activity this week. Look at photo above for communities that also had activity

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

Median list price this week $467,912, last week $479,900.

Closed median price this week $460,000, last week $447,500.

Stats 060824 — Stats for week ending June 8th

Conventional financing was used to close on 173 homes this week at median price $470,990 with 28 days average market time, last week 168 homes at median price $470,000 with 26 days average market time.

Conv 060824 — Conventional financing used to close for week ending June 8th

Cash was used to close on 25 homes at median price $535,000 with 58 days average market time, last week 27 homes at median price $500,000 with 29 days average market time.

Cash 060824 — Cash used to close for week ending June 8th

FHA financing was used to close on 17 homes at median price $362,000 with 41 days average market time, last week 15 homes at median price $365,000 with 42 days average market time.

FHA 060824 — FHA financing used to close for week ending June 8th

VA financing was used to close on 6 homes this week at median price $360,000 with 36 days average market time, last week 7 homes at median price $384,500 with 19 days average market time.

VA 060824 — VA financing used to close for week ending June 8th

2,000 SF or more closed on 136 homes this week at median price $544,000 with 35 days average market time, last week 141 homes at median price $545,000 with 29 days average market time. Minimum price this week $259,100, last week $235,000.

2000 SF or more 060824 — 2,000 SF or more closed for week ending June 8th

Not many closed this week used FHA.

Under contract this week

Homes that went under contract this week are slightly up. 227 this week compared to 194 the previous week.

Aurora-21 Bolingbrook-11

Elgin-29 Naperville-41

Plainfield-22 St Charles-19

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

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 5 with 48 hours.

One we don’t know the timing of the kick-out clause or if it is contingent on the closing or sale and closing.

Median price of homes under contract this week $449,900 with 31 days average market time, last week $469,585 with 32 days average market time.

Under contract stats 060824 — Under contract stats for week ending June 8th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 226 221 227

Totals 3990 3462 4185

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 2023 and 2022.

Contact us

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

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

Let us know if there is any other information you are looking for.

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

Fox Valley home prices June 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 June 1st

Posted on June 1, 2024June 1, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 1st

Fox Valley home prices June 1st. No need to water garden or flowers today. It is raining. First part of the week it is going to be hot in the 80’s and then back to mid 70’s.

New listings this week are up slightly. 219 this week compared to 193 the previous week.

Closed listing are also slightly up. 218 this week compared to 188 the previous week.

Aurora-New 17 $195,000-$859,900

Closed-16 $175,000-$671,000

Bolingbrook-New 10 $334,900-$639,900

Closed-13 $285,000-$620,000

Elgin-New 21 $225,000-$1,695,000

Closed-25 $108,000-$626,000

Geneva-New 8 $430,000-$1.300,000

Closed-14 $260,000-$740,000

Naperville-New 43 $350,000-$2,625,000

Closed-38 $270,000-$1,630,000

Plainfield-New 27 $285,000-$699,900

Closed-32 $270,000-$942,000

St Charles-New 17 $200,000-$725,000

Closed-16 $272,000-$1,350,000

Yorkville-New 13 $295,000-$1,077,720

Closed-12 $384,990-$639,900

These are the communities with the most activity this week. Other communities also had activity. You can see the price ranges of those communities in the photo above.

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

Median list price this week $479,900, last week $455,000.

Closed median price this week $447,500, last week $464,950.

Stats 060124 — Stats for week ending June 1st

Conventional financing was used to close on 168 homes this week at median price $470,000 with 26 days average market time, last week 138 homes at median price $486,500 with 22 days average market time.

Conv 060124 — Conventional financing used to close for week ending June 1st

Cash was used to close on 27 homes this week at median price $500,000 with 29 days average market time, last week 38 homes at median price $437,500 with 24 days average market time.

Cash 060124 — Cash used to close for week ending June 1st

FHA financing was used to close on 15 homes this week at median price $365,000 with 42 days average market time, last week 10 homes at median price $316,000 with 23 days average market time.

FHA 060124 — FHA financing used to close for week ending June 1st

VA financing was used to close on 7 homes this week at median price $384,500 with 19 days average market time, last week 1 home at $500,000 with 6 days average market time.

VA 060124 — VA financing used to close for week ending June 1st

2,000 SF or more closed on 141 homes this week at median price $545,000 with 29 days average market time, last week 123 homes at median price $560,000 with 26 days average market time. Minimum price this week $235,000, last week $270,000.

2000 SF or more 060124 — 2,000 SF or more for week ending June 1st

Conventional financing + Cash = 89% of homes closed this week. Only 22 homes out of the 218 were FHA or VA. If your loan officer is pre approving you for FHA find out what you can do to change it to Conventional. See if it is credit score or what.

Under contract this week

Homes under contract this week are down slightly. 194 this week compared to 218 the previous week.

Aurora-27 Bolingbrook-12

Elgin-22 Naperville-32

Oswego-11 Plainfield-20

St Charles-11 Yorkville-11

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 5 with 48 hours, and 2 with 24 hours.

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

Median price of homes that went under contract this week $469,585 with 32 days average market time, last week $455,000 with 35 days average market time.

2024 and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

Totals 3764 3241 3958

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

Totals 3113 2630 3556

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

Totals 3948 3775 4377

We are heading in the right direction for new listings but we still need more in every price range to meet buyer’s needs.

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

Contact us

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

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

If you are looking for any other information please let us know and we will point you in the right direction.

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

Fox Valley home prices June 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 May 25th

Posted on May 25, 2024May 25, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 25th

Fox Valley home prices May 25th. We were late by a day last week so we are looking at the last 6 days this week. Temperatures will be in the 70’s this week with more storms.

New listings this week are down. 193 this week compared to 255 the previous week.

Closed listings are also down. 188 this week compared to 207 the previous week.

Aurora-New 27 $185,000-$1,000,000

Closed-21 $170,000-$610,613

Bolingbrook-New 14 $275,000-$750,000

Closed-10 $245,000-$760,000

Elgin-New 19 $169,900-$739,505

Closed-15 $219,500-$618,750

Geneva-New 8 $329,900-$3,500,000

Closed-11 $395,000-$785,000

Naperville-New 32 $395,000-$1,595,000

Closed-27 $395,000-$1,205,000

Plainfield-New 16 $250,000-$625,000

Closed-20 $275,000-$640,000

St Charles-New 8 $250,000-$1,275,000

Closed-11 $480,000-$3,600,000

Other communities had activity this week. We just highlighted the ones with the most activity. Look at photo above for the price ranges in those other areas.

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

Median list price this week $455,000, last week $462,945.

Closed median price this week $464,950, last week $428,000.

Stats 052524 — Stats for week ending May 25th

Conventional financing was used to close on 138 homes this week at median price $486,500 with 22 days average market time, last week 149 homes at median price $439,900 with 31 days average market time.

Conv 052524 — Conventional financing used to close for week ending May 25th

Cash was used to close on 38 homes this week at median price $437,500 with 24 days average market time, last week 36 homes at median price $475,000 with 43 days average market time.

Cash 052524 — Cash used to close for week ending May 25th

FHA financing was used to close on 10 homes this week at median price $316,000 with 23 days average market time, last week 14 homes at median price $343,445 with 10 days average market time.

FHA 052524 — FHA financing used to close for week ending May 25th

VA financing was used to close on 1 home this week at $500,000 with 6 days market time, last week 8 homes at median price $406,750 with 14 days average market time.

VA 052524 — VA financing used to close for week ending May 25th

2,000 SF or more closed on 123 homes this week at median price $560,000 with 26 days average market time, last week 122 homes at median price $527,500 with 35 days average market time. Minimum price this week $270,000, last week $305,000.

2000 SF or more 052524 — 2,000 SF or more closed for week ending May 25th

The majority of homes closed this week again used Conventional financing.

Under contract this week

Homes that went under contract this week are down slightly. 218 this week compared to 229 the previous week.

Aurora-25 Bolingbrook-11

Elgin-28 Naperville-34

Oswego-11 Plainfield-20

St Charles-13

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

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

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

There is 1 that we do not know what it is contingent on or any other information.

Median price of homes under contract this week $455,000 with 35 days average market time, last week $469,500 with 26 days average market time.

der contract stats 051924 — Under contract stats for week ending May 25th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 858 809 881

Totals 3545 3048 3764

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of the month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

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

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

Let us know if you are looking for other information not listed here.

Fox Valley home prices May 25th. Have an awesome Memorial weekend. Stay safe!

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 May 19th

Posted on May 19, 2024May 19, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 19th

Fox Valley home prices May 19th. We are a day late this week. I was out of town. Boy, the heat is on. It sure was a hot weekend. We should head back to the 70’s after Tuesday.

New listings are up. 255 this week compared to 205 the previous week.

Closed listings are also up. 207 this week compared to 163 the previous week.

Aurora-New 22 $190,000-$899,000

Closed-26 $160,500-$551,111

Batavia-New 17 $315,000-$760,000

Closed-6 $305,000-$630,000

Bolingbrook-New 12 $229,900-$649,900

Closed-12 $195,000-$665,000

Elgin-New 23 $79,900-$699,900

Closed-22 $170,000-$800,000

Naperville-New 40 $325,000-$4,345,000

Closed-33 $395,000-$1,499,000

Oswego-New 10 $350,000-$565,000

Closed-18 $299,000-$586,398

Plainfield-New 32 $325,000-$730,000

Closed-24 $291,000-$1,042,212

South Elgin-New 11 $249,000-$659,340

Closed-6 $405,000-$550,730

St Charles-New 18 $315,000-$1,275,000

Closed-10 $295,000-$1,025,000

West Chicago-New 10 $185,000-$1,475,000

Closed-3 $355,000-$661,000

Yorkville-New 16 $304,900-$1,490,000

Closed-7 $290,000-$445,000

Other communities had activity this week. You can see those in the picture above. We just highlighted the ones with the most activity.

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

Median list price this week $462,945, last week $474,950.

Closed median price this week $428,000, last week $434,900.

Stats 051924 — Stats for week ending May 19th

Conventional financing was used to close on 149 homes this week at median price $439,900 with 31 days average market time, last week 128 homes at median price $469,995 with 29 days average market time.

Conv 051924 — Conventional financing used to close for week ending May 19th

Cash was used to close on 36 homes this week at median price $475,000 with 43 days average market time, last week 19 homes at median price $409,000 with 13 days average market time.

Cash 051924 — Cash used to close for week ending May 19th

FHA financing was used to close on 14 homes this week at median price $343,445 with 10 days average market time, last week 11 homes at median price $332,000 with 28 days average market time.

FHA 051924 — FHA financing used to close for week ending May 19th

VA financing was used to close on 8 homes this week at median price $406,750 with 14 days average market time, last week 5 homes at median price $379,990 with 15 days average market time.

VA 051924 — VA financing used to close for week ending May 19th

2,000 SF or more closed on 122 homes this week at median price $527,500 with 35 days average market time, last week 89 homes at median price $529,900 with 37 days average market time. Minimum price this week $305,000, last week $270,000.

2000 SF or more 051924 — 2,000 SF or more closed for week ending May 19th

Conventional financing is still the way to go.

Under contract this week

Homes under contract this week are up slightly. 229 this week compared to 211 this week.

Aurora-26 Bolingbrook-17

Elgin-22 Geneva-13

Naperville-36 Oswego-14

Plainfield-27 St Charles-15

Look at the photo above for other communities that had seller’s accept contracts.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 6 with a kick-out clause of 48 hours.

Median price of homes under contract this week $469,500 with 26 days average market time, last week $460,000 with 35 days average market time.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 665 621 663

Totals 3352 2860 3546

Check back with us every Saturday(on our normal day) 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 2023 and 2022 so you can compare.

Contact us

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

Check out some of these resources. Click on everything that is bold and underlined and it will take you to the site for the information.

If you are looking for any other information just let us know.

Fox Valley home prices May 19th. 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 May 4th

Posted on May 4, 2024May 4, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 4th

Fox Valley home prices May 4th. Today it is going to be 81 degrees. It should be from mid 60’s to mid 70’s for the next couple of weeks.

Hummingbirds have come back. Lawns are being mowed. I love Spring!

New listing this week are consistent. 205 this week compared to 196 the previous week.

Closed listing are way up. 251 this week compared to 175 the previous week.

Aurora-New 14 $180,000-$575,000

Closed-26 $210,000-$875,000

Batavia-New 8 $339,900-$625,000

Closed-16 $286,000-$830,000

Bolingbrook-New 14 $285,000-$799,971

Closed-23 $180,000-$1,130,000

Elgin-New 22 $249,900-$765,000

Closed-32 $140,000-$2,350,000

Naperville-New 32 $425,000-$2,399,000

Closed-44 $290,000-$1,550,000

Oswego-New 7 $450,000-$1,800,000

Closed-10 $405,000-$630,634

Plainfield-New 26 $289,900-$949,000

Closed-22 $310,000-$689,900

St Charles-New 22 $297,000-$1,500,000

Closed-18 $200,000-$1,710,000

Yorkville-New 5 $340,990-$549,900

Closed-10 $315,000-$652,000

These are the communities with the most activity this week. Other communities also had activity. You can see those in the photo above. If you are not finding the price range you are looking for let me know. We will find it.

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

Median list price this week $454,995, last week $469,990.

Closed median price this week $456,000, last week $450,000.

Stats 050424 — Stats for week ending May 4th

Conventional financing was used to close on 196 homes this week at median price $475,000 with 27 days average market time, last week 130 homes at median price $442,495 with 44 days average market time.

Conv 050424 — Conventional financing used to close for week ending May 4th

Cash was used to close on 26 homes this week at median price $385,750 with 30 days average market time, last week 26 homes at median price $511,500 with 33 days average market time.

Cash 050424 — Cash used to close for week ending May 4th

FHA financing was used to close on 18 homes this week at median price $338,000 with 16 days average market time, last week 9 homes at median price $375,000 with 30 days average market time.

FHA 050424 — FHA financing used to close for week ending May 4th

VA financing was used to close on 10 homes this week at median price $414,500 with 24 days average market time, last week 9 homes at $435,000 with 24 days average market time.

VA 050424 — VA financing used to close for week ending May 4th

2,000 SF or more closed on 162 homes this week at median price $535,250 with 29 days average market time, last week 114 at median price $507,500 with 49 days average market time. Minimum price this week $210,000, last week $309,000.

Conventional financing will be the way to go until more homes come on the market and there are not so many buyers.

Under contract this week

Homes that went under contract this week are up slightly. 223 this week compared to 196 the previous week.

Aurora-17 Bolingbrook-15

Elgin-35 Geneva-13

Naperville-28 Plainfield-39

St Charles-18

These are the communities that seller’s accepted the most contracts. Look at photo above to see other communities.

There were no short sales accepted by seller’s this week.

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

Also, Sellers 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 $450,000 with 36 days average market time, last week $457,500 with 32 days average market time.

Under contract stats 050424 — Under contract stats for week ending May 4th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 205 251 223

Totals 2892 2490 3106

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 2023 and 2022 so you have something to compare to.

Contact us

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

Here are some great resources to check out. Click on everything that is bold and underlined to take you to the site for the information.

You need to be patient with this market but ready to go as soon as a home hits the market or you will lose out on it.

Getting pre-qualified with a loan officer is a must. A seller will not want to guess if you can buy their home.

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

Fox Valley home prices May 4th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101