Fox Valley home prices February 24th

Posted on February 24, 2024February 24, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 24th

Fox Valley home prices February 24th. We have had some fantastic weather for February. Yesterday it snowed but is already melting today. We might reach 72 degrees on Tuesday. Just incredible for February. We should level off to the 50’s after that.

New listings this week are down. 144 this week compared to 167 the previous week.

Closed listings are consistent. 92 this week compared to 98 the previous week.

Aurora-New 14 $225,000-$500,000

Closed-10 $119,000-$400,000

Elgin-New 13 $129,900-$725,995

Closed-8 $215,000-$664,430

Naperville-New 21 $340,000-$3,450 000

Closed-11 $545,000-$7,550,000

Plainfield-New 11 $365,000-$1,050,000

Closed-13 $285,000-$630,000

Yorkville-New 23 $384,990-$654,674

Closed-7 $355,000-$455,000

Other communities had activity this week. Please look at photo above to see the price ranges in those communities.

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

Median list price this week $444,900, last week $469,990.

Closed median price this week $389,900, last week $447,500.

2000 SF or more 022424 — Stats for week ending February 24th

Conventional financing was used to close on 64 homes this week at median price $397,500 with 47 days average market time, last week 80 homes at median price $467,495 with 51 days average market time.

Conv 022424 — Conventional financing used to close for week ending February 24th

Cash was used to close on 16 homes this week at median price $482,495 with 126 days average market time, last week 5 homes at median price $472,000 with 57 days average market time.

Cash 022424 — Cash used to close for week ending February 24th

FHA financing was used to close on 9 homes this week at median price $352,000 with 34 days average market time, last week 9 homes at median price $349,999 with 85 days average market time.

FHA 022424 — FHA financing used to close for week ending February 24th

VA financing was used to close on 3 homes this week at median price $389,900 with 65 days average market time, last week 3 homes at median price $350,000 with 71 days average market time.

VA 022424 — VA financing used to close for week ending February 24th

2,000 SF or more closed on 59 homes this week at median price $499,990 with 66 days average market time, last week 64 homes at median price $528,000 with 67 days average market time. Minimum price this week $264,000, last week $267,000.

Conventional financing continues to be the way to go still. Cash seems to be slowing down slightly.

Under contract this week

Homes that went under contract this week are up. 184 this week compared to 157 the previous week.

Aurora-26 Bolingbrook-12

Elgin-18 Naperville-30

Plainfield-20 St Charles-11

No short sales this week accepted by seller’s.

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

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

Median price of homes that went under contract this week $440,836 with 41 days average market time, last week $414,900 with 39 days average market time.

Under contract stats 022424 — Under contract stats for week ending February 24th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 456 262 518

Totals 1032 785 1117

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 it to.

Contact us

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

Information to check out. Click on each one to take you to the information.

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

Fox Valley home prices February 24th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 10th

Posted on February 10, 2024February 10, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 10th

Fox Valley home prices February 10th. Another week with mid 40’s and then we will back to the 30’s during the day. Not bad for February.

New listings this week are slightly up. 145 this week compared to 138 the previous week.

Closed listings are down significantly. 72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

Closed-10 $353,000-$760,008

19 other communities had activity this week. Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024 — Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024 — Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024 — Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024 — FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024 — VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time. Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024 — 2000 SF or more closed for week ending February 10th

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up. 177 this week compared to 142 the previous week.

Aurora-19 Elgin-21

Naperville-24 Oswego-10

Plainfield-25

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

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

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

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024 — Under contract stats for week ending February 10th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 145 72 177

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 so you can see how it is going this year.

Contact us

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

All data was downloaded this morning from our MLS, MRED, LLC. It changes throughout the day.

Info to check out

Fox Valley home prices February 10th. 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 December 23rd

Posted on December 23, 2023December 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 23rd

Fox Valley home prices December 23rd. Mid 50’s the next few days and then dropping to the mid 30’s. Winter is here but not the temperatures. I am ok with that. How about you?

New listings this week are way down. 38 this week compared to 78 the previous week.

Closed listings are slightly down. 126 this week compared to 138 the previous week.

Everyone is slowing down with the holidays upon us.

Aurora-New 2 $300,000-$549,000

Closed-13 $171,000-$900,000

Bolingbrook-New 3 $290,000-$510,000

Closed-13 $220,000-$450,000

Naperville-New 4 $559,000-$1,950,000

Closed-23 $340,000-$1,350,098

Plainfield-New 5 $354,901-$665,000

Closed-19 $205,500-$756,723

Take a look at the photo above to see other communities that had activity this week and their price ranges.

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

Median list price this week $392,222, last week $425,000.

Closed median price this week $382,500, last week $417,495.

Stats 122323 — Stats for week ending December 23rd.

Conventional financing was used to close on 93 homes this week at median price $412,000 with 46 days average market time, last week 96 homes at median price $439,950 with 36 days average market time.

Conv 122323 — Conventional financing used to close for week ending December 23rd.

Cash was used to close on 21 homes at median price $354,000 with 33 days average market time, last week 18 homes at median price $400,500 with 54 days average market time.

Cash 122323 — Cash used to close for week ending December 23rd.

FHA financing was used to close on 11 homes this week at median price $318,000 with 22 days average market time, last week 21 homes ate median price $371,000 with 49 days average market time.

FHA 122323 — FHA financing used to close for week ending December 23rd.

VA financing was used to close on 1 home this week at $303,750 with 6 days market time, last week 3 homes at median price $289,900 with 33 days average market time.

VA 122323 — VA financing used to close for week ending December 23rd.

2,000 SF or more closed on 64 homes at median price $442,500 with 59 days average market time, last week 80 homes at median price $528,500 with 45 days average market time. Minimum price this week $268,000, last week $315,000.

2000 SF or more 122323 — 2,000 SF or more for week ending December 23rd.

A little of 73% or people used Conventional financing to close on their home this week. The trend continues.

Under contract this week

Homes that went under contract this week are up slightly. 97 this week compared to 88 the previous week.

Aurora-20 Naperville-15

Plainfield-16

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

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $375,000 with 63 days average market time, last week $414,950 with 54 days average market time.

Under contract stats 122323 — Under contract stats for week ending December 23rd.

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 601 720 610

December 201 396 320

Totals 7902 7727 8304

Only 1 more week left of 2023 and I will be sharing 2022 and 2021 so you have it to compare to. Then on to 2024!

Contact us

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

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

For information on types of loans and the process, VA loans and the requirements, down payment assistance, IHDA programs, home valuation request, sign-up for email alerts go here.

Fox Valley home prices December 23rd. Have an awesome week! Happy Holidays to you!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101.

Fox Valley home prices November 25th

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

Fox Valley home prices November 25th

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

They say it might snow tomorrow with

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

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

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

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

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

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

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

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

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

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

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

Stats 112523 — Stats for week ending November 25th.

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

It is a short holiday week.

Aurora-16 Bolingbrook-10

Naperville-18 Plainfield-16

St Charles-12

One short sale was accepted by a seller this week. It was in St Charles. Now it will be submitted to the lender to see if they will also accept.

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

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

Median price of homes that went under contract this week $399,900 with 38 days average market time, last week median price $352,500 with 36 days average market time.

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 486 567 518

Totals 7586 7178 7892

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

Contact us

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

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

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

Fox Valley home prices November 25th. I hope you had a wonderful Thanksgiving. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 4th

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

Fox Valley home prices November 4th

Fox Valley home prices November 4th. Fall weather continues. It should be in the mid 50’s for the next couple of weeks.

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

Closed listings are up. 187 this week compared to 149 the previous week.

Aurora-New 16 $165,000-$599,999

Closed-26 $150,000-$680,000

Naperville-New 22 $385,000-$1,048,940

Closed-32 $300,000-$1,550,000

Oswego-New 6 $315,000-$509,000

Closed-11 $275,000-$569,900

Plainfield-New 24 $319,900-$834,900

Closed-23 $230,000-$1,027,203

St Charles-New 6 $299,000-$1,299,900

Closed-10 $231,000-$749,900

Other communities had activity this week. Click on the photo above to see the price ranges in those communities.

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

Median list price this week $432,990, last week $422,500.

Closed median price this week $430,250, last week $425,000.

Stats 110423 — Stats for week ending November 4th.

Conventional financing was used to close on 136 homes this week at median price $442,520 with 30 days average market time, last week 110 homes at median price $422,500 with 32 days average market time.

Conv 110423 — Conventional financing used to close for week ending November 4th.

Cash was used to close on 35 homes this week at median price $405,000 with 18 days average market time, last week 21 homes at median price $475,000 with 36 days average market time.

Cash 110423 — Cash used to close for week ending November 4th.

FHA financing was used to close on 12 homes this week at median price $296,500 with 23 days average market time, last week 12 homes at median price $342,000 with 32 days average market time.

FHA 110423 — FHA financing used to close for week ending November 4th.

VA financing was used to close on 3 homes this week with median price $321,000 with 162 average market time, last week 4 homes with median price $460,000 with 32 days average market time.

VA 110423 — VA financing used to close for week ending November 4th.

2,000 SF or more closed on 110 homes this week at median price $526,000 with 38 days average market time, last week 9 homes at median price $495,000 with 38 days average market time. Minimum price this week $280,000, last week $189,900. Condition and features is the difference in price.

2000 SF or more 110423 — 2,000 SF or more closed for week ending November 4th.

Conventional financing continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent. 136 this week compared to 132 the previous week.

Fox Valley home prices November 4th-Under contract this week Aurora-22 Bolingbrook-10

Naperville-23 Plainfield-21

St Charles-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours and 4 with 48 hours.

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

Median price of homes that went under contract this week $410,000 with 65 days average market time, last week $355,000 with 39 days average market time.

Under contract stats 110423 — Median price of homes under contract for week ending November 4th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 132 187 136

Totals 7232 6798 7510

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

At the end of each month we also take a look back at 2022 and 2021 so you have something to compared to.

Resources

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

Check with your loan officer to see what programs they offer and if you can combine some programs.

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

Contact us

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 23rd

Posted on September 23, 2023September 23, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 23rd

Fox Valley home prices September 23rd. Happy 1st day of Fall!. Today it will be 80 but after that the temps decline. Next week we will have 60’s for highs.

New listings this week are way down. 162 this week compared to 205 the previous week.

Closed listings are consistent. 144 this week compared to 137 the previous week.

Aurora-New 26 $199,900-$620,000

Closed-32 $142,550-$835,000

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

Closed-17 $255,000-$571,800

Naperville-New 18 $300,000-$1,185,000

Closed-22 $250,000-$1,425,000

Oswego-New 15 $279,900-$632,000

Closed-3 $275,000-$515,000

Plainfield-New 22 $319,000-$850,000

Closed-14 $315,000-$627,495

St Charles-New 11 $285,000-$989,900

Closed-15 $310,000-$1,400,000

Other communities had activity this week. Look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,995, last week $434,900.

Closed median price this week $427,000, last week $410,000.

Stats 092323 — Stats for week ending September 23rd

Conventional financing was used to close on 103 homes this week at median price $460,000 with 20 days average market time, last week also 103 homes at median price $425,000 with 28 days average market time.

Conv 092323 — Conventional financing used to close for week ending September 23rd

Cash was used to close on 22 homes this week at median price $452,500 with 40 days average market time, last week 18 homes at median price $473,579 with 37 days average market time.

Cash 092323 — Cash used to close for week ending September 23rd

FHA financing was used to close on 15 homes this week at median price $345,000 with 42 days average market time, last week 11 homes at median price $360,000 with 28 days average market time.

FHA 092323 — FHA financing used to close for week ending September 23rd

VA financing was used to close on 4 homes this week at median price $295,000 with 34 days average market time, last week 5 homes at median price $309,000 with 70 days average market time.

VA 092323 — VA financing used to close for week ending September 23rd

2,000 SF or more closed on 88 homes at median price $510,500 with 25 days average market time, last week 80 homes at median price $496,990 with 36 days average market time. Minimum price this week $235,000, last week $309,000.

2000 SF or more 092323 — 2,000 SF or more homes closed for week ending September 23rd

As you can see Conventional financing is the way to go if you do not have cash.

Homes under contract this week

Homes that went under contract this week are down slightly. 143 this week compared to 152 the previous week.

Aurora-22 Bolingbrook-12

Naperville-18 Plainfield-20

St Charles-10 Yorkville-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

Median price this week of homes that went under contract $399,900 with 31 days average market time, last week $412,500 with 32 days average market time.

Under contract stats 092323 — Under contract stats for week ending September 23rd

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 525 416 453

Totals 6302 5838 6655

Next week is the last week of the month so we will also post 2022 and 2021 so you have something to compare this year too.

Resources

We hope you will find some useful information by clicking on each Bold and underlined point that will take you to the site for the information.

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

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

Contact us

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

Fox Valley home prices September 23rd. 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

Fox Valley home prices August 19th

Posted on August 19, 2023August 19, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 19th

Fox Valley home prices August 19th. Heat advisory for the week ahead. Back in the 80’s the following week during the day and 60’s at night.

New listings this week are consistent. 181 this week compared to 179 the previous week.

Closed listings are also consistent. 179 this week compared to 176 the previous week.

Aurora-New 30 $180,000-$1,100,000

Closed-27 $150,000-$905,000

Bolingbrook-New 12 $214,900-$600,000

Closed-17 $235,000-$575,000

Naperville-New 31 $339,900-$1,425,000

Closed-34 $316,000-$1,359,000

Oswego-New 11 $300,000-$499,900

Closed-5 $344,444-$1,350,000

Plainfield-New 17 $314,900-$879,900

Closed-17 $305,000-$746,543

St Charles-New 14 $279,000-$1,250,000

Closed-14 $320,000-$829,000

These are the price ranges of the communities with the most activity this week. Other communities had activity. Look at the photo above to see the price ranges of those communities.

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

Median list price this week $429,900, last week $449,900.

Closed median price this week $435,000, last week $449,945.

Stats 081923 — Stats for week ending August 19th

Conventional financing was used to close on 137 homes this week at median price $448,955 with 28 days average market time, last week 136 homes at median price $449,995 with 29 days average market time.

Conv 081923 — Conventional financing used to close for week ending August 19th

Cash was used to close on 19 homes this week at median price $490,000 with 42 days average market time, last week 25 homes at median price $500,000 with 15 days average market time.

Cash 081923 — Cash used to close for week ending August 19th

FHA financing was used to close on 14 homes at median price $322,500 with 19 days average market time, last week 8 homes at median price $367,500 with 39 days average market time.

FHA 081923 — FHA financing used to close for week ending August 19th

VA financing was used to close on 9 homes at median price $489,000 with 12 days average market time, last week 7 homes at median price $419,900 with 49 days average market time.

VA 081923 — VA financing used to close for week ending August 19th

2,000 square feet or more closed on 115 homes at median price $537,000 with 35 days average market time, last week 116 homes at median price $532,500 with 31 days average market time. Minimum price this week $237,100, last week $233,000.

2000 SF or more 081923 — 2,000 SF or more for week ending August 19th

Conventional financing continues to be the way to close in the Fox Valley area.

Under contract this week

Homes that went under contract this week are consistent. 179 this week compared to 186 the previous week.

Aurora-30 Bolingbrook-14

Montgomery-11 Naperville-23

Plainfield-13 St Charles-13

Yorkville-10

2 short sales were accepted by seller’s this week. 1 each in Aurora and Sandwich. 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 and 2 with 48 hours.

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

Homes that went under contract this week had a median price $419,900 with 31 days average market time, last week $419,900 with 36 days average market time.

Under contract stats 081923 — Under contract median price for week ending August 19th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 545 566 559

Totals 5453 5000 5846

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

Resources

Click on everything that is underlined and highlighted to take you to the site for the information. Let us know if you are looking for information not listed here. We will be happy to point you in the right direction.

To find out what your home might sell for in this marketrequest a home valuation and we will also provide you with a net proceeds that will show you and estimate of expenses to sell. When an offer comes in we will update it when we know all the terms.

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

Search for a home anytime you like. You can also keep track of what is selling in your neighborhood.

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

Contact us

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

Fox Valley home prices August 19th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

530-503-6555 Ext 101

Fox Valley home prices July 22nd

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

Fox Valley home prices July 22nd

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 072223 — Stats for week ending July 22nd

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

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

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

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

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

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

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

Median price is down this week with less market time.

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-41 Bolingbrook-18

Geneva-10 Naperville=32

Oswego-17 Plainfield-28

St Charles-13

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

1 short sale was accepted by a seller this week. It was in Minooka. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 5 with a kick-out clause of 72 hours and 3 with 48 hours.

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

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

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

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 561 533 620

Totals 4704 4222 5102

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

Resources

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

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

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

You can search for a home anytime you like.

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

Contact us

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

Fox Valley home prices July 22nd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices July 8th

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

Fox Valley home prices July 8th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Usually when it is a holiday week things are slower.

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

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

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

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

Stats 070823 — Stats for week ending July 8th

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

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

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

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

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

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

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

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

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

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

79% of homes closed using Conventional financing this week.

Under contract this week

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

Aurora-28 Batavia-10

Bolingbrook-12 Naperville-28

Plainfield-30 St Charles-13

Yorkville-12

1 short sale was accepted by a seller. It was in Montgomery. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 5 with 48 hours, and 1 with 24 hours.

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

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

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

2023 by the month

Month New Closed Under Contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 175 173 186

Totals 4318 3862 4668

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

Resources

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

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

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

You can always search for a home anytime.

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

Contact us

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

Fox Valley home prices July 8th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices July 1st

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

Fox Valley home prices July 1st

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

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

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

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

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

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

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

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

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

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

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

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

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

West Chicago-New 1 $475,000

Closed 11 $209,900-$699,900

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

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

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

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

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

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

Stats 070123 — Stats for week ending July 1st

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

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

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

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

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

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

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

VA070123 — VA financing used to close for July 1st

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

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

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

Under contract this week

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

Aurora-22 Bolingbrook-25

Naperville-29 Plainfield-27

St Charles-17 Yorkville-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 4 with 48 hours, and 1 with 24 hours.

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

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

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

2023 by the month and a look back to 2019

2023

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

Totals 4143 3689 4482

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

Totals 5243 5184 5611

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

May 1088 1288 1289

June 1450 1686 1671

Totals 5641 6252 7409

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

Totals 6790 4506 6714

2019

January 878 407 568

February 1032 463 832

March 1731 915 1375

April 1594 792 1307

May 1645 995 1280

June 1643 1253 1218

Totals 8523 4825 6580

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

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we usually look back at 2022 and 2021. In December we will go back to 2019 again so you can see the 5 years to compare.

Resources

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

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

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

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

You can also search for a home anytime you like.

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

Contact us

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

Fox Valley home prices July 1st. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS. SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101