Fox Valley home prices November 16th

Posted on November 16, 2024November 16, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 16th

Fox Valley home prices November 16th. Cloudy day today in the 50’s. This next week we will see between 40 degrees to 60 for highs and lows from 54 to 31 degrees.

New listings this week are down. 166 this week compared to 191 the previous week.

Closed listings are up. 169 this week compared to 143 the previous week.

Here are the communities with the most activity this week.

Aurora-New 14 $69,000-$819,900

Closed-28 $145,000-$1,025,000

Bolingbrook-New 9 $320,000-$539,900

Closed-14 $270,000-$531,000

Elgin-New 13 $159,900-$629,990

Closed-16 $260,000-$678,280

Naperville-New 18 $349,900-$1,250,000

Closed-11 $400,000-$1,150,000

Plainfield-New 27 $354,900-$812,000

Closed-31 $270,000-$952,000

St Charles-New 10 $299,900-$874,900

Closed-11 $235,270-$985,000

Look at the photo above to see the 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 $449,000, last week $448,350.

Closed median price this week $417,500, last week $445,000.

Stats 111624 — Stats for week ending November 16th

Conventional financing used to close on 123 homes this week at median price $437,200 with 42 days average market time, last week 112 homes at median price $475,000 with 39 days average market time.

Conv 111624 — Conventional financing used to close for week ending November 16th

Cash was used to close on 24 homes this week at median price $401,000 with 32 days average market time, last week 23 homes at median price $376,000 with 26 days average market time.

Cash 111624 — Cash used to close for week ending November 16th

FHA financing was used to close on 15 homes this week at median price $375,000 with 22 days average market time, last week 6 homes at median price $330,000 with 48 days average market time.

FHA 111624 — FHA financing used to close for week ending November 16th

VA financing used to close on 7 homes this week at median price $490,000 with 37 days average market time. last week 1 home at $490,000 with 4 days average market time.

VA 111624 — VA financing used to close for week ending November 16th

2,000 SF or more closed on 100 homes this week at median price $512,111 with 45 days average market time, last week 92 homes at median price $528,000 with 48 days average market time. Minimum price this week $275,000, last week $680? (mistake that wasn’t corrected).

2000 SF or more 111624 — 2,000 SF or more closed for week ending November 16th

Over 72 % of homes closed this week used conventional financing. 59% of homes closed this week were at least 2,000 SF or more.

Under contract this week

Homes that went under contract this week are consistent. 168 this week compared to 163 the previous week.

Aurora-22 Bolingbrook-10

Elgin-22 Naperville-20

Plainfield-19 St Charles-14

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. 6 with a kick-out clause of 48 hours and 3 with 24 hours.

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

Median price of homes that went under contract this week $399,000 with 48 days average market time, last week median price was $435,000 with 58 days average market time.

Under contract stats 111624 — Under contract stats for week ending November 16th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

November 357 312 331

Totals 9025 8037 8681

There is activity every month of the year.

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

At the end of each month we will also take a look back at 2023 and 2022.

Contact us

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

Check out some great information by clicking on everything that is bold and underlined. It will take you to the information. If you are looking for other information not listed let us know and we will point you in the right direction.

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

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

Fox Valley home prices November 16th. 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 2nd

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

Fox Valley home prices November 2nd

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

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

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

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

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

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

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

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

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

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

Montgomery-New 0

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 110224 — Stats for week ending November 2nd

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-14 Batavia-11

Bolingbrook-14 Elgin-11

Naperville-13 Oswego-10

Plainfield-18

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

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

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

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

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

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 990 936 878

Totals 8668 7725 8350

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

Totals 7100 6611 7374

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

October 699 612 646

Totals 8646 8595 8925

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

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

Contact us

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

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

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

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 26th

Posted on October 26, 2024October 26, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 26th

Fox Valley home prices October 26th. It is a gorgeous fall day today. Sunny and 60 for a high. This next week it will range from 50-81.

New listings this week are down. 175 this week compared to 214 the previous week.

Closed listings are up. 183 this week compared to 150 the previous week.

Here are the communities with the most activity this week.

Aurora-New 15 $194,900-$738,000

Closed-21 $212,500-$825,000

Bolingbrook-New 9 $255,000-$795,000

Closed-10 $250,000-$522,500

Elgin-New 15 $134,900-$760,000

Closed-21 $151,000-$707,755

Geneva-New 3 $339,000-$699,900

Closed-10 $330,000-$750,000

Naperville-New 22 $449,900-$1,495,000

Closed-30 $334,000-$1,251,000

Plainfield-New 22 $300,000-$859,000

Closed-23 $277,500-$770,214

St Charles-New 13 $215,000-$875,000

Closed-16 $200,000- $1,150,000

Yorkville-New 10 $335,000-$649,000

Closed-8 $399,900-$605,000

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

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

Median list price this week $444,995, last week $439,250.

Closed median price this week $435,000, last week $420,250.

Stats 102624 — Stats for week ending October 26th

Conventional financing was used to close on 135 homes this week at median price $456,990 with 30 days average market time, last week 109 homes at median price $447,700 with 44 days average market time.

Conv 102624 — Conventional financing used to close for week ending October 26th

Cash was used to close on 27 homes this week at median price $369,900 with 20 days average market time, last week 18 homes at median price $415,000 with 23 days average market time.

Cash 102624 — Cash used to close for week ending October 26th

FHA financing was used to close on 14 homes this week at median price $362,500 with 53 days average market time, last week 17 homes at median price $360,000 with 24 days average market time.

FHA 102624 — FHA financing used to close for week ending October 26th

VA financing was used to close on 6 homes this week at median price $410,000 with 23 days average market time, last week 4 homes at median price $452,250 with 29 days average market time.

VA 102624 — VA financing used to close for week ending October 26th

2,000 SF or more closed on 107 homes this week at median price $530,000 with 36 days average market time, last week 80 homes at median price $515,000 with 53 days average market time. Minimum price this week $193,000, last week $300,000.

2000 SF or more 102624 — 2,000 SF or more closed for week ending October 26th

There were more cash deals closed this week than FHA. Conventional continues to be the way to go if you are using financing to close.

Under contract this week

Homes that went under contract this week are consistent. 181 this week compared to 174 the previous week.

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

Aurora-21 Bolingbrook-20

Elgin-11 Naperville-24

Oswego-11 Plainfield-25

St Charles-12

1 short sale was accepted by a seller this week. It was in Batavia. 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, 6 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.

Under contract median price this week $424,900 sigh 40 days average market time, last week $442,450 with 47 days average market time.

Under contract stats 102624 — Under contract stats for week ending October 26th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 839 710 723

Totals 8517 7499 8195

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

Next week there is 4 days left of October so we will do the end of the month look back then.

Contact us

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

Here are some links to information that you might want to take a look at. Click on everything that is bold and underlined to take you to the information.

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

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

Fox Valley home prices October 26th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices October 19th

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

Fox Valley home prices October 19th

Fox Valley home prices October 19th. It is going to be a gorgeous weekend with temperatures in the mid 70’s to lower 80’s. The week ahead should be in the mid 60’s to lower 70’s.

New listings are consistent. 214 this week compared to 219 the previous week.

Closed listings are slightly down. 150 this week compared to 168 the previous week.

Here are the communities with the most activity this week and their price ranges.

Aurora-New 23 $149,900-$849,000

Closed-18 $160,000-$550,000

Bolingbrook-New 14 $264,900-$715,000

Closed-10 $255,000-$540,000

Elgin-New 24 $175,000-$674,900

Closed-19 $205,000-$1,395,000

Naperville-New 33 $340,000-$1,795,000

Closed-22 $365,000-$2,360,000

North Aurora-New 12 $299,999-$730,000

Closed-2 $428,000-$603,476

Plainfield-New 20 $194,900-$747,000

Closed-13 $339,900-$616,226

St Charles-New 15 $299,900-$899,900

Closed-11 $250,000-$990,000

Look at the photo above for other communities that also had activity this week and their price ranges.

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

Median list price this week $439,250, last week $460,000.

Closed median price $420,250, last week $431,500.

Stats 101924 — Stats for week ending October 19th

Conventional financing was used to close on 109 homes this week at median price $447,700 with 44 days average market time, last week 125 homes at median price $450,000 with 30 days average market time.

Conv 101924 — Conventional financing used to close for week ending October 19th

Cash was used to close on 18 homes this week at median price $415,000 with 23 days average market time, last week 22 homes at median price $407,500 with 29 days average market time.

Cash 101924 — Cash used to close for week ending October 19th

FHA financing was used to close on 17 homes this week at median price $360,000 with 24 days average market time, last week 13 homes at median price $329,999 with 30 days average market time.

FHA 101924 — FHA financing used to close for week ending October 19th

VA financing was used to close on 4 homes this week at median price $452,250 with 29 days average market time, last week 6 homes at median price $312,500 with 22 days average market time.

VA 101924 — VA financing used to close for week ending October 19th

2,000 SF or more closed on 80 homes this week at median price $515,000 with 53 days average market time, last week 101 homes at median price $525,000 with 35 days average market time. Minimum price this week $300,000, last week $230,000.

2000 SF or more 101924 — 2,000 SF or more closed for week ending October 19th

We continue on the trend that most homes are closed using conventional financing in our area.

Under contract this week

Homes that went under contract were down. 174 this week compared to 191 the previous week.

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

Aurora-18 Elgin-18

Naperville-21 Oswego-15

Plainfield-28 St Charles-13

Click on the photo to see other communities that seller’s accepted contracts this week.

2 short sales were accepted by seller’s this week. 1 was in Plainfield and 1 was in Sugar Grove. Now they will be submitted to the lender to see if they will also accept.

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

Under contract media price this week $442,450 with 47 days average market time, last week $420,321 with 43 days average market time.

Under contract stats 101924 — Under contract stats for week ending October 19th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 664 527 542

Totals 8342 7316 8014

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

At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

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

Take a look at some resources that might interest you. Click on everything that is bold and underlined to take you to the information.

You might also want torequest a home valuation, sign-up for email alerts, and search for a home anytime.

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices September 7th

Posted on September 7, 2024September 7, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 7th

Fox Valley home prices September 7th. Next week we will see temperatures from the 70’s- low 90’s.

New listings this week are consistent. 209 this week compared to 195 the previous week.

Closed listing this wee are slightly down. 208 this week compared to 239 the previous week.

Aurora-New 28 $194,900-$649,900

Closed-35 $150,000-$893,000

Bolingbrook-New 12 $325,000-$610,000

Closed-15 $264,000-$525,000

Elgin-New 20 $199,900-$800,000

Closed-18 $208,000-$681,385

Naperville-New 45 $425,000-$3,999,000

Closed-36 $382,500-$2,300,000

Plainfield-New 23 $319,000-$1,270,000

Closed-17 $310,000-$732,800

St Charles-New 13 $375,000-$1,950,000

Closed-11 $320,000-$1,200,000

Sycamore-New 1 $435,000

Closed-11 $110,000-$630,850

Yorkville-New 12 $399,000-$649,000

Closed-6 $275,000-$429,900

These are the communities that had the most activity this week. Look at photo above for the other communities that also had activity for their price ranges.

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

Median list price this week $459,900, last week $459,570.

Closed median price this week $427,450, last week $462,500.

Stats 090724 — Stats for week ending September 7th

Conventional financing was used to close on 162 homes this week at median price $438,000 with 25 days average market time, last week 173 homes at median price $475,000 with 27 days average market time.

Conv 090724 — Conventional financing used to close for week ending September 7th

Cash was used to close on 27 homes this week at median price $475,000 with 33 days average market time, last week 42 homes at median price $447,950 with 26 days average market time.

Cash 090724 — Cash used to close for week ending September 7th

FHA financing was used to close on 13 homes this week at median price $290,000 with 14 days average market time, last week 13 homes at median price $320,000 with 47 days average market time.

FHA 090724 — FHA financing used to close for week ending September 7th

VA financing was used to close on 5 homes this week at median price $375,000 with 19 days average market time, last week 9 homes at median price $445,000 with 17 days average market time.

VA 090724 — VA financing used to close for week ending September 7th

2,000 SF or more closed on 120 homes this week at median price $539,460 with 30 days average market time, last week 141 homes at median price $535,550 with 30 days average market time. Minimum price this week $175,000, last week $207,000.

2000 SF or more 090724 — 2000 SF or more closed for week ending September 7th

Conventional financing continues to be the most used way to finance a purchase. I am surprised at the amount of cash deals that we see every week.

It wasn’t that long ago that the loan officers pre approved buyers using FHA all the time.

Under contract this week

Homes that went under contract this week are pretty consistent. 170 this week compared to 164 the previous week.

Aurora-24 Bolingbrook-10

Elgin-13 Naperville-27

Plainfield-23 St Charles-11

1 short sale was accepted by a seller this week. It was in Batavia. 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, 7 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $416,500 with 35 days average market time, last week $419,450 with 37 days average market time.

Under contract stats 090724 — Under contract stats for week ending September 7th

Just under 9% of homes had a home contingency. Either they already have a contract on their home and need it to close to buy or they have not put it on the market yet and need to sell and close to buy.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 209 208 170

Totals 7038 6263 6865

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

Contact us

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

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

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

You can alsorequest a home valuation, sign-up for email alerts, or search for a home anytime.

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

Fox Valley home prices September 7th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices August 24th

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

Fox Valley home prices August 24th

Fox Valley home prices August 24th. Hot week ahead. Low to mid 90’s until Tuesday and then low to upper 80’s.

A couple of mistakes were made when someone was uploading information on 2 sold homes this week so it messes up the stats. We will just have to go with it though. Nothing we can do.

New listings this week are up. 229 this week compared to 199 the previous week.

Aurora-New 28 $185,000-$975,000

Closed-21 $537(this is the first mistake. It was listed for $524,500.)-$950,000

Bolingbrook-New 15 $329,900-$619,000

Closed-15 $245,000-$632,000

Elgin-New 23 $211,900-$699,900

Closed-18 $120,000-$3,150,000

Montgomery-New 6 $325,000-$445,000

Closed-11 $250,000-$449,000

Naperville-New 40 $350,000-$9,850,000

Closed-35 $395,000-$1,550,000

Oswego-New 10 $350,000-$1,799,000

Closed-11 $520(this is the 2nd mistake. It was listed for $520,000)-$560,000

Plainfield-New 28 $339,000-$728,392

Closed-20 $270,000-$625,000

St Charles-New 15 $390,000-$685,000

Closed-10 $315,000-$835,000

West Chicago-New 5 $300,000-$460,000

Closed-12 $235,000-$630,000

Yorkville-New 11 $365,000-$825,000

Closed-6 $355,000-$535,000

These are the communities with the most activity this week. Look at photo above for other communities that also had activity and their price ranges.

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

Median list price this week $449,900, last week $463,750.

Closed median price this week $450,000, last week $460,000

Stats 082424 — Stats for week ending August 24th

Conventional financing was used to close on 135 homes this week at median price $460,000 with 19 days average market time, last week 176 homes at median price $455,000 with 22 days average market time.

Conv 082424 — Conventional financing was used to close for week ending August 24th

Cash was used to close on 26 homes this week at median price $512,500 with 34 days average market time, last week 31 homes at median price $534,000 with 26 days average market time.

Cash 082424 — Cash used to close for week ending August 24th

FHA financing was used to close on 19 homes this week at median price $360,900 with 18 days average market time, last week 12 homes at median price $323,000 with 19 days average market time.

FHA 082424 — FHA financing used to close for week ending August 24th

VA financing was used to close on 9 homes this week at median price $449,000 with 30 days average market time, last week 10 homes at median price $374,500 with 113 days average market time.

VA 082424 — VA financing used to close for week ending August 24th

2,000 SF or more closed on 121 homes at median price $525,000 with 22 days average market time, last week 147 homes at median price $545,000 with 30 days average market time. Minimum price this week is off because of error of someone uploading information this week. It says $520. Last week the minimum price was $314,000.

2000 SF or more 082424 — 2000 SF or more closed for week ending August 24th

Majority of homes closed this week used conventional financing.

Under contract this week

Homes that went under contract this week are consistent. 178 this week compared to 183 the previous week.

Aurora-30 Elgin-15

Naperville-24 Plainfield-21

St Charles-15

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 48 hours and 2 with 24 hours.

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

Under contract median price this week $437,000 with 31 days average market time, last week $419,896 with 29 days average market time.

Under contract stats 082424 — Under contract stats for week ending August 24th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 688 619 561

Totals 6634 5816 6531

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

Contact us

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

August 17th new rules went into effect. Now before you can see any homes you must sign a buyers broker agreement. We also have a new listing agreement. Choices have to be made. We will discuss these until you understand the new rules.

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

You can alsorequest a home valuation, sign-up for email alerts, and search for a home anytime on my website. Let me know if you have any questions.

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

Fox Valley home prices August 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 August 3rd

Posted on August 3, 2024August 3, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 3rd

Fox Valley home prices August 3rd. Today and the next couple of days will be hot and in the 90’s. After that we will be in the 70’s. Relief is on it’s way!

New listings are consistent. 238 this week compared to 231 the previous week.

Closed listings are up. 296 this week compared to 204 the previous week.

Aurora-New 30 $200,000-$850,000

Closed-35 $202,500-$778,100

Batavia-New 10 $220,000-$829,000

Closed-14 $300,000-$1,425,000

Bolingbrook-New 16 $225,000-$575,000

Closed-18 $193,000-$610,000

Elburn-New 3 $419,900-$537,880

Closed-11 $375,000-$3,025,000

Elgin-New 27 $75,000-$742,480

Closed-26 $125,000-$740,000

Naperville-New 35 $429,900-$2,170,000

Closed-55 $340,000-$1,590,000

Plainfield-New 28 $300,000-$875,000

Closed-34 $285,000-$710,000

St Charles-New 14 $235,000-$1,500,000

Closed-19 $183,000-$3,075,000

Yorkville-New 10 $399,900-$850,000

Closed-8 $209,000-$680,526

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

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

Median list price this week $452,500, last week $459,000.

Closed median price this week $459,900, last week $468,500.

Stats 080324 — Stats for week ending August 3rd

Conventional financing was used to close on 223 homes this week at median price $490,000 with 23 days average market time, last week 163 homes at median price $485,000 with 30 days average market time.

Conv 080324 — Conventional financing used to close for week ending August 3rd

Cash was used to close on 46 homes at median price $422,500 with 20 days average market time, last week 21 homes at median price $393,000 with 32 days average market time.

Cash 080324 — Cash used to close for week ending August 3rd

FHA financing was used to close on 21 homes at median price $379,990 with 38 days average market time, last week 9 homes at median price $401,990 with 21 days average market time.

FHA 080324 — FHA financing used to close for week ending August 3rd

VA financing was used to close on 5 homes this week at median price $480,990 with 13 days average market time, last week 7 homes at median price $572,990 with 46 days average market time.

VA 080324 — VA financing used to close for week ending August 3rd

2,000 SF or more closed on 181 homes this week at median price $550,000 with 28 days average market time, last week 130 homes at median price $571,495 with 37 days average market time. Minimum price this week $280,000, last week $287,000.

2000 SF or more 080324 — 2,000 SF or more closed for week ending August 3rd

75% of homes closed this week used conventional financing. Only 7% used FHA financing. What type of financing you choose matters.

Under contract this week

Homes that went under contract this week are up. 244 this week compared to 202 the previous week.

Aurora-33 Bolingbrook-17

Elgin-23 Naperville-35

Oswego-11 Plainfield-25

St Charles-17

1 short sale was accepted this week by a seller. It was in Lake Holiday. 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 homes. 3 with a kick-out clause of 72 hours, 5 with 48 hours, and 2 with 24 hours.

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

Under contract median price this week $419,900 with 42 days average market time, last week $449,900 with 26 days average market time.

Under contract stats 080324 — Under contract stats for week ending August 3rd

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

Totals 5946 5197 5970

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 906

July 765 745 805

Totals 4908 4434 5267

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

Totals 6198 6116 6519

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

Contact us

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

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

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

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

Fox Valley home prices August 3rd. 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 27th

Posted on July 27, 2024July 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 27th

Fox Valley home prices July 27th. Typical summer week ahead with temperatures in the 80’s.

New listings this week are consistent. 231 this week compared to 240 the previous week.

Closed listings are up slightly. 204 this week compared to 181 the previous week.

Aurora-New 33 $185,000-$799,000

Closed-23 $155,000-$855,000

Bolingbrook-New 10 $265,000-$499,900

Closed-12 $287,000-$960,919

Elgin-New 24 $215,000-$999,900

Closed-24 $136,000-$650,000

Naperville-New 33 $399,000-$3,799,000

Closed-32 $425,000-$1,300,000

Oswego-New 11 $340,000-$733,840

Closed-8 $425,000-$690,000

Plainfield-New 25 $275,000-$685,000

Closed-20 $338,000-$675,000

St Charles-New 13 $214,703-$695,000

Closed-14 $242,692-$1,045,000

Yorkville-New 12 $344,900-$789,900

Closed-5 $161,000-$610,000

Check out the other communities that had activity this week in the photo above and their price ranges.

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

Median list price this week $459,000, last week $479,000

Closed median price this week $468,500, last week $475,000.

Stats 072724 — Stats for week ending July 27th

Conventional financing was used to close on 163 homes at median price $485,000 with 30 days average market time, last week 135 homes at median price $486,000 with 21 days average market time.

Conv 072724 — Conventional financing used to close for week ending July 27th

Cash was used to close on 21 homes this week at median price $393,000 with 32 days average market time, last week 23 homes at median price $489,900 with 41 days average market time.

Cash 072724 — Cash used to close for week ending July 27th

FHA financing was used to close on 9 homes this week at median price $401,990 with 21 days average market time, last week 14 homes at median price $360,800 with 27 days average market time.

FHA 072724 — FHA financing was used to close for week ending July 27th

VA financing was used to close on 7 homes at median price $572,990 with 46 days average market time, last week 7 homes at median price $582,000 with 28 days average market time.

VA 072724 — VA financing used to close for week ending July 27th

2,000 SF or more closed on 130 homes at median price $571,495 with 37 days average market time, last week 116 homes at median price $582,000 with 28 days average market time. Minimum price this week $287,000, last week $235,000.

2000 SF or more 072724 — 2,000 SF or more closed for week ending July 27th

Conventional financing continues to be the financing to use to close. Cash continues to beat out FHA financing.

Under contract this week

Homes that went under contract this week are down slightly. 202 this week compared to 231 the previous week.

Aurora-25 Bolingbrook-18

Elgin-20 Naperville-37

Plainfield-18 St Charles-14

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 and 5 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, 3 with 48 hours, and 1 with 24 hours.

13 total from both of them is not too many out of 202 that received a contract this week.

Median price of homes that went under contract this week $449,900 with 26 days average market time, last week $425,000 with 30 days average market time.

Under contract stats 072724 — Under contract stats for week ending July 27th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 935 754 850

Totals 5708 4901 5726

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

Contact us

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

Take a look at these great resources. Click on everything that is bold and underlined to take you to the site for the information.

On my website you will find where you can request a home valuation, sign-up for email alerts, and search for a home anytime.

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

Fox Valley home prices July 27th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 29th

Posted on June 29, 2024June 29, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home price June 29th

Fox Valley home prices June 29th. It is going to be hot and humid today with a high of 89. This next week should be the high 70’s to mid 80’s. Summer is here!

New listings this week are up. 269 this week compared to 243 the previous week.

Aurora-New 31 $156,000-$740,000

Closed-29 $181,000-$854,000

Bolingbrook-New 12 $289,000-$680,000

Closed-9 $275,000-$530,000

Elgin-New 33 $219,900-$799,900

Closed-32 $150,100-$610,990

Geneva-New 9 $415,000-$1,250,000

Closed-15 $360,000-$1,375,000

Naperville-New 47 $439,000-$1,598,000

Closed-45 $335,000-$3,100,000

Oswego-New 14 $350,000-$749,900

Closed-10 $285,000-$700,000

Plainfield-New 31 $275,000-$1,150,000

Closed-21 $245,000-$1,000,000

South Elgin-New 7 $305,000-$985,000

Closed-11 $330,000-$590,826

St Charles-New 21 $315,000-$3,150,000

Closed-11 $280,000-$850,000

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

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

Median list price this week $492,370, last week $475,000

Closed median price this week $474,625, last week $475,000

Stats 062924 — Stats for week ending June 29th

Conventional financing was used to close on 179 homes this week at median price $515,000 with 37 days average market time, last week 153 homes at median price $490,000 with 23 days average market time.

Conv 062924 — Conventional financing used to close for week ending June 29th

Cash was used to close on 42 homes this week at median price $448,151 with 23 days average market time, last week 33 homes at median price $485,000 with 17 days average market time.

Cash 062924 — Cash used to close for week ending June 29th

FHA financing was used to close on 19 homes this week at median price $332,000 with 36 days average market time, last week 12 homes at median price $379,250 with 18 days average market time.

FHA 062924 — FHA financing used to close for week ending June 29th

VA financing was used to close on 7 homes this week at median price $440,000 with 39 days average market time, last week 5 homes at median price $439,000 with 21 days average market time.

VA 062924 — VA financing used to close for week ending June 29th

2,000 SF or more closed on 165 homes at median price $565,641 with 36 days average market time, last week 145 homes at median price $539,000 with 22 days average market time. Minimum price this week $328,600, last week $175,000.

2000 SF or more 062924 — 2,000 SF or more closed for week ending June 29th

Almost 72% of homes closed this week used Conventional financing. If you add in cash to conventional financing it is just under 89%.

Under contract this week

Homes that went under contract this week are consistent. 233 this week compared to 234 the previous week.

Aurora-26 Bolingbrook-14

Elgin-30 Geneva-11

Naperville-37 Plainfield-33

St Charles-12

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

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

Also, seller’s accepted contracts this week that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 6 with 48 hours, and 1 with 24 hours.

Under contract this week median price this week $450,000 with 35 days average market time, last week $471,935 with 35 days average market time.

Under contract stats 062924 — Under contract stats for week ending June 29th

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

Totals 4773 4147 4876

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

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

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. Usually we do not do all 3 years every Saturday. Just at the end of each month.

Contact us

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

Check out some great resources. Click on everything that is bold and underlined and it will take you to the information. Let us know if you are looking for information not listed here.

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

Fox Valley home prices June 29th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 25th

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

Fox Valley home prices May 25th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 052524 — Stats for week ending May 25th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-25 Bolingbrook-11

Elgin-28 Naperville-34

Oswego-11 Plainfield-20

St Charles-13

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

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

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

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

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

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

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 858 809 881

Totals 3545 3048 3764

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

Contact us

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

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

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

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101