11 23 19 Market Update Fox Valley

Posted on November 23, 2019November 30, 2019 by Kristine Heiman, Designated Managing Broker

11 23 19 Market Update Fox Valley

11 23 19 Market update Fox Valley. New listing this week were down. 166 this week compared to 193 the week before. Not good for buyers that are still out looking. Things are still active so I hope that most people that are thinking about selling are just waiting to get to the other side of the Thanksgiving holiday.

Closed listings were up this week. 224 this week compared to 173 the week before. We are getting to the end of the month. when most buyers want to close.

Take a look at the communities that had the most activity this week:

Aurora-New 16 $114,900-$450,000

Closed-39 $61,000-$410,000

Bolingbrook-New 12 $174,900-$449,954

Closed-20 $129,000-$355,000

Geneva-New 6 $239,900-$595,000

Closed-10 $330,000-$1,100,000

Naperville-New 37 $235,000-$1,790,000

Closed-33 $261,000-$1,225,000

Plainfield-New 29 $188,000-$599,900

Closed-27 $165,000-$458.000

St Charles/Campton Hills-

New-14 $225,000-$1,100,000

Closed-New 21 $190,000-$900,000

Yorkville-New 8 $195,000-$349,000

Closed-13 $232,000-$450,000

Contracts accepted this week

Contracts accepted this week were very consistent. 177 this week compared to 178 the week before. We love consistency! You can’t get more consistent than that. Next week the numbers will be off because of the holiday.

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

Aurora-16 Batavia-10 Bolingbrook-14

Naperville-37 Oswego-10 Plainfield-20

St Charles/Campton Hills-10 West Chicago-11

Only 2 short sales accepted this week 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept contract price and terms.

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

2019 activity by the month

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 579 573 523

Total 14,892 9,948 11,657

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will guide you through the process whether buying/selling a home.

If you are thinking about selling we will be do a market analysis on your home to let you know what it is worth is today’s market. Provide you with a net proceeds that shows you the expenses to sell your home. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Thinking about buying a home? Your first step is to get pre-qualifed with a loan officer so you know what type of loan and the price range that will work out best for you.

Check out some great resources:

11 23 19 Market update Fox Valley. 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

Check out another way to search for a home. You can sign up for free! Change it to satellite view and check out the property and where it is located within the neighborhood. If you need help using this great program let me know and I can do a video call and share my screen and guide you through it..

Fox Valley Market Update September 7 2019

Posted on September 7, 2019September 7, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update September 7 2019

Fox Valley market update September 7 2019. New listings this week were slightly up. 313 new listings of single family homes this week compared to 290 the week before. Now that we are past the holiday and school starting we can 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
June-1,643
July-1,423
August-1,585
September-313

Total-12,203

Closed listings of single family homes were down this week. 180 this week compared to 292 the week before. With the holiday, a short week and the beginning of the month this is to be expected. It should go up from here.

Closed listings for 2019 by the month:

January-407
February-465
March-915
April-790
May-1,391
June-1,253
July-1,029
August-1,403
September-180

Total-7,833

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

Aurora-New 40 $115,000-$500,000

Closed-34 $80,000-$510,000

Batavia-New 14 $209,900-$525,000

Closed-8 $255,500-$586,987

Bolingbrook-New 22 $179,900-$500,000

Closed-16 $134,100-$369,000

Geneva-New 23 $149,000-$1,249,000

Closed-9 $241,000-$924,000

Naperville-New 62 $305,000-$4,000,000

Closed-23 $305,000-$1,295,000

Oswego-New 24 $229,900-$475,000

Closed-10 $129,000-$304,295

Plainfield-New 40 $169,900-$549,900

Closed-18 $150,000-$515,000

St Charles/Campton Hills-New 18 $163,500-$1,199,999

Closed-14 $100,000-$617,500

West Chicago-New 12 $179,900-$499,900

Closed-3 $285,000-$335.000

Yorkville-New 13 $180,000-$469,500

Closed-6 $250,000-$452,000

Contracts accepted this week

Contracts accepted this week on single family homes was slightly down this week. 211 this week compared to 227 the week before. This should go up next week since we are now past the holiday and a short week. Keep in mind that not all contracts accepted close. They need to get past home inspection, attorney review and the loan approval. So things can happen during that process.

Contracts accepted for 2019 by the month of single family homes:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July-1,090
August-1,211
September-211

Total-9,517

Now take a look at the communities this week that sellers accepted the most contracts on single family homes:

Aurora-33 Bolingbrook-13 Naperville-34

Oswego-10 Plainfield-28 St Charles/Campton Hills-16

Short sales still remain low this week. 1 this week compared to 3 the week before. The 1 was in Bolingbrook this week.

Sellers accepted contracts this week that are contingent on the buyer closing on their current home. 6 with a kick-out clause of 72 hours, 2 with 48 hours and also 2 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 1 with 48 hours.

Contact us

Call us with your real estate questions at 630-503-6555. Our goal is your goal. Whether you are buying, selling or both we will work hard to meet your goals. We will let you know what you need to do to get your home ready for market. Provide you with a net proceeds that shows you the expenses to sell so you know where you are at.

If you are thinking about buying you need to talk to a loan officer first to get pre-qualified so you know what type of loan will work for you and the price range. What type of loan you choose will determine the condition the home must be in. If you find a home that needs repairs and the seller is not willing to do them and you have the money you can set up an escrow account if it is under $5,000 for repairs. If it is over that amount you will need to get pre-qualified for a loan that will allow you to make the repairs. This is a different kind of approval. Separate from the normal approval. We can talk to you more about this or your loan officer can explain it to you.

It is still a great time to sell or buy so get in touch with us so we can get you started.

Check out some resources:

Fox Valley market update September 7 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

Another way to search with a chat feature. Sign up for free and let us know what you think. It has google maps so you can click on the satellite view so you can see the yard and house around it..

Fox Valley Market Update August 10 2019

Posted on August 10, 2019August 31, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update August 10 2019

Fox Valley market update August 10 2019. New listings were up this week! 360 new single family homes this week compared to 328 the week before. Good news for buyers that are still trying to find something.

2019 new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2004
June-1,643
July-1,423
August so far-688

Total-10,993

Closed listings of single family homes was down this week. 221 this week compared to 341 the week before. This is really the first full week of August so it is expected that closings would be down. They will increase as we get closer to the end of the month.

Closings of single family homes by the month for 2019:

January-407
February-465
March-915
April-790
May-1,391
June-1,253
July-1,029
August so far-562

Total-6,812

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

Aurora-New 47 $100,000-$525,000

Closed-20 $85,000-$1,075,000

Batavia-New 13 $219,900-$695,995

Closed-8 $246,000-$645,569

Bolingbrook-New 30 $172,000-$569,900

Closed-14 $146,500-$422,500

Geneva-New 24 $279,900-$2,695,000

Closed-14 $95,000-$675,000

Montgomery-New 24 $104,000-$320,490

Closed-5 $139,900-$259,900

Naperville-New 63 $228,000-$1,600,000

Closed-39 $285,000-$859,900

Oswego-New 19 $154,000-$515,000

Closed-13 $204,999-$390,000

Plainfield-New 37 $150,000-$509,000

Closed-36 $170,000-$485,000

St Charles/Campton Hills-New 27$199,900-$895,000

Closed-19 $180,000-$880,000

Yorkville-New 10 $159,900-$559,999

Closed-8 $235,000-$335,000

Contracts accepted this week

Contracts accepted this week were down slightly. 249 this week compared to 274 the week before. That is not too bad. Especially with school starting soon and people still gone on vacation.

2019 contracts accepted of single family homes by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July-1,090
August-523

Total-8,618

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

Aurora-39 Bolingbrook-23 Montgomery-10

Naperville-45 Oswego-16 Plainfield-22

St Charles/Campton Hills-21

Short sales accepted by sellers on single family homes were up this week. 7 this week compared to 3 the week before. This week there were 1 each in Aurora, Minooka, Montgomery, Plano & Yorkville. 2 were in Bolingbrook. Now they will be submitted to the lender to see if they will also accept them as written.

Sellers accepted contracts that are contingent on the buyer closing their current home before purchasing. 5 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home before purchasing. 1 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 with all of your real estate questions. Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready. Provide you with a net proceeds so you have an estimate of expenses. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home? Your first step is to get pre-qualified with a loan officer so you know the type of loan and price range that will work out best for you. If you need recommendations of a loan officer to call we can recommend a few and you decide who you want to work with.

Check out these resources that might help you:

Some communities are more active then others. It is your preference if you want a community that is very active or one that is slower moving. Are you planning on long term or short term. Your price range and size of home might determine where you want to move. Tell us what is most important to you and we will work hard to find the best place for you to call home.

Fox Valley market update August 10 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

A different way to search that also has a chat feature. Try it out and let us know what you think!

Fox Valley Market Update August 3 2019

Posted on August 3, 2019August 31, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update August 3 2019

Fox Valley market update August 3 2019. New listings of single family homes were slightly down this week. 328 this week compared to 346 the week before. Did these people want to enjoy their home for 1 more summer before they sell? Maybe that is the case or maybe with the delayed Spring and all the rain we had they finally have their home market ready.

2019 new single family homes listed by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June-1,643
July-1,423
August so far-328

Total-10,633

Closed single family homes were significantly higher this week. 341 this week compared to 253 the week before. 3 days were the end of July when most of those closings probably took place.

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

January-407
February-465
March-915
April-790
May-1,391
June-1,253
July-1,029
August so far-341

Total-6,591

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

Aurora-New 57 $125,000-$724,900

Closed-42 $85,000-$424,500

Batavia-New 7 $209,900-$434,900

Closed-10 $160,000-$422,500

Bolingbrook-New 27 $129,900-$429,000

Closed-23 $159,000-$429,000

Geneva-New 9 $339,900-$799,000

Closed-11 $205,000-$510,000

Naperville-New 70 $260,000-$1,299,000

Closed-55 $209,000-$1,110,000

North Aurora-New 6 $247,900-$450,000

Closed-10 $165,000-$315,000

Oswego-New 12 $179,900-$1,590,000

Closed-15 $198,000-$405,000

Plainfield-New 34 $169,000-$530,000

Closed-48 $178,900-$606,000

Sandwich-New 6 $164,999-$299,000

Closed-11 $122,500-$259,900

St Charles/Campton Hills-New 23 $205,000-$995,000

Closed-32 $95,000-$773,567

Yorkville-New 12 $125,000-$389,000

Closed-19 $206,000-$565,800

Contracts accepted this week

Contracts accepted this week on single family homes were slightly higher this week. 274 this week compared to 259 the week before.

Contracts accepted on single family homes for 2019 by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July-1,90
August so far-274

Total-8,369

So far May has been the busiest month for new listings, closings and contracts accepted. Not all contracts accepted close. Some come back on the market. They either had a home inspection issue that could not be negotiated or buyer could not obtain financing. Sometimes there are other issues that come up. These are times that are most important to have a good REALTOR and good real estate attorney to work through the issues.

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

Aurora-44 Bolingbrook-33 Montgomery-11

Naperville-43 Oswego-14 Plainfield-35

St Charles/Campton Hills-16 West Chicago-10 Yorkville-10

Short sales accepted by Seller’s was exactly the same as the week before. 3 for both weeks. 1 each in Bolingbrook, Montgomery and St Charles/ Campton hills.

Seller’s accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 6 with a kick-out clause of 72 hours, 6 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. 6 with a kick-out clause of 72 hours and 9 with 48 hours.

Contact us

Call us with all of your real estate questions at 630-503-6555. Our goal is to negotiate price and terms that are best whether buying or selling a home.

If you are thinking about selling we can let you know what you need to do to get your home market ready. Provide you with a net proceeds that will let you know the expenses to sell and what you might walk away with. This will be updated when an offer comes in with all the terms so you can make a decision.

Thinking about purchasing? You need to talk to a loan officer to get pre-qualified to find out the type of loan and what price range will work for you.

Check out some resources:

Fox Valley market update August 3 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 a different way to search that allows you to see a bird’s eye view and also has a chat feature to ask questions or to let us know you want to schedule a showing. If you are not sure how to navigate it I can do a screen share to guide you through it.

Fox Valley Market Update July 20 2019

Posted on July 20, 2019July 20, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update July 20 2019

Fox Valley market update July 2019. New listings of single family homes were slightly down this week. 383 this week compared to 407 the week before. Less than a percent nothing to worry about.

2019 new listings by the month:

January-878
February-1,032
March-1,731′
April-1,594
May-2,004
June-1,643
July so far-1,077

9,959 Total

Closed listings were also slightly down. 253 this week compared to 266 the week before. They should increase as we get closer to the end of the month.

Look at the closings so far by the month for 2019:

January- 407
February-465
March-915
April-790
May- 1,391
June-1,253
July so far-776

5,997 Total

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

Aurora-New 39 $129,900-$499,900 Closed-31 $76,000-$384,500

Batavia-New 10 $194,000-$905,000 Closed-3 $263,000-$438,000

Bolingbrook-New 32 $174,900-$749,000 Closed-16 $167,000-$400,000

Geneva-New 15 $245,000-$614,900 Closed-18 $220,000-$799,000

Montgomery-New 13 $174,999-$331,620 Closed-11 $161,000-$288,000

Naperville-New 81 $229,000-$1,299,990 Closed-45 $168,000-$2,050,000

North Aurora-New 10 $182,500-$438,900 Closed-2 $322,500-$396,400

Oswego-New 22 $189,900-$698,000 Closed-11 $202,500-$837,500

Plainfield-New 51 $129,900-$710,000 Closed-30 $147,500-$457,500

St Charles/Campton Hills-New 20 $234,900-$875,000 Closed-23 $190,000-$768,894

Sycamore-New 12 $152,000-$1,200,000 Closed-5 $110,000-$295,000

West Chicago New 12 $109,990-$499,900 Closed-7 $207,000-$440,000

Yorkville-New 19 $174,900-$529,700 Closed-14 $183,000-$570,000

Contracts accepted this week

Contracts accepted this week were slightly up. 284 this week compared to 252 the week before. When a home is in good condition and priced right it will sell. Last week we had an increase in new listings of single family homes so you see the increase in contracts accepted. Not everyone is willing to fix up a home after they move in. So many people today are too busy so they want to move in and start living without having to hire someone to come in and update.

Contracts accepted in 2019 so far by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July so far 831

7,836 Total

Not all homes that receive a contract end up closing. Some find out during the home inspection that there are issues that the buyer and seller were not able to negotiate something that they can agree to. Some do not end up getting approved for a loan. There might be something that comes up on their credit that can’t be resolved soon enough. These 2 things are the most important reasons why you need a good loan officer to work with and a good REALTOR to work through these issues along with a good real estate attorney. Do not cut corners with such a big investment.

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

Aurora-52 Batavia-10 Bolingbrook-23

Geneva-11 Naperville-39 Oswego-10

Plainfield-46 St Charles/Campton Hills-23 Yorkville-10

Short sales accepted by seller’s were half of what they were the week before. 2 this week compared to 4 the week before. 1 each in Aurora and Geneva. Now they will get submitted to the lender to see if they will also accept.

Sellers’ accepted contracts this week that are contingent on the buyer closing on their current home before purchasing. 8 with a kick-out clause of 72 hours, 11 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 before purchasing. 2 with a kick-out clause of 72 hours and 6 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. Our goal is to negotiate price and terms that are best whether buying or selling a home.

Check out these resources:

Let us know what questions you have. We will guide you through the process.

Fox Valley market update July 20 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 this new way of searching for a home. It will ask you to sign up. It is free!

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.