Fox Valley home prices April 15th
Fox Valley home prices April 15th. We are in the 80’s today, but going down to 42 on Monday then back to 50 and 60’s.
New listings this week are up. 220 this week compared to 142 the previous week.
Closed listings are down. 108 this week compared to 183 the previous week.
Aurora-New 26 $190,000-$1,300,000
Closed-12 $127,000-$541,850
Bolingbrook-New 13 $239,900-$695,000
Closed-9 $270,000-$677,887
Geneva-New 14 $250,000-$925,000
Closed-8 $340,000-$680,000
Naperville-New 49 $318,000-$3,200,000
Closed-11 $327,500-$810,000
Oswego-New 11 $320,000-$2,200,000
Closed-9 $271,000-$550,000
Plainfield-New 31 $235,000-$1,500,000
Closed-19 $290,000-$649,000
St Charles-New 18 $300,000-$2,250,000
Closed-7 $285,000-$1,050,000
Click on the photo above to see other communities with activity this week.
Financing used, median price, and 2,000 SF or more
Median list price this week $442,500, last week $420,000
Closed median price this week $400,500, last week $394,000
Conventional financing was used to close on 83 homes this week at median price $410,000 with 45 days average market time, last week 133 homes at median price $384,900 with 43 days average market time.
Cash was used to close on 14 homes this week at median price $337,500 with 14 days average market time, last week 29 homes at median price $445,000 with 57 days average market time.
FHA financing was used to close on 8 homes at median price $344,950 with 42 days average market time, last week 12 homes at median price $326,500 with 64 days average market time.
VA financing was used to close on 4 homes this week at median price $404,820 with 21 days average market time, last week 8 homes at median price $444,995 with 101 days average market time.
2,000 Square feet or more closed on 67 homes this week at median price $455,490 with 37 days average market time, last week 104 homes at median price $468,750 with 58 days average market time. Minimum price this week $325,000, last week $120,000.
Conventional financing continues to be the type of financing most used.
Under contract this week
Homes that went under contract this week are up. 189 this week compared to 154 the previous week.
Aurora-26 Bolingbrook-12
Naperville-33 Oswego-14
Plainfield-31
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, 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. 4 with a kick-out clause of 48 hours and 1 with 24 hours.
Median price of homes that went under contract this week $415,000 with 33 average market time, last week median price $396,750 with 30 days average market time.
2023 by the month
Month New Closed Under contract
January 483 326 470
February 630 526 789
March 555 558 726
April 362 291 343
Totals 2030 1701 2328
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.
Resources
Click on each bullet point that is underlined to take you to the site for the information.
- Types of loans and the process
- VA loans and the requirements
- Down payment assistance
- IHDA programs
- Request home valuation
- Sign-up for email alerts
- Search for homes
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 April 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
