Fox Valley home prices October 8th

Best Homes Fox Valley Home Prices Header

Fox Valley home prices October 8th.  This is the first full week of October.  We show you the price ranges of each community with activity.  What kind of financing was used to close.  Median prices and which communities accepted the most contracts this week.

New listings this week were up.  200 this week compared to 169 the previous week.

Closed listings were down.  182 this week compared to 247 the previous week.

Fox Valley home prices October 8th

Aurora-New 27 $189,900-$740,000

             Closed-27 $130,000-$630,000

Bolingbrook-New 8 $220,000-$649,000

                      Closed-17 $210,000-$799,230

Naperville-New 35 $300,000-$1,925,000

                   Closed-32 $353,000-$240,000

Oswego-New 10 $240,000-$653,000

               Closed-6 $250,000-$459,900

Plainfield-New 16 $272,000-$595,000

                  Closed-20 $225,000-$621,353

St Charles-New 17 $250,000-$1,149,000

                  Closed-13 $290,000-$875,000

Yorkville-New 12 $80,000-$1,075,000

                Closed-8 $320,000-$680,000

Click on the photo above to see other communities that had activity this week as well.  We are just highlighting the communities with the most activity.

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

Median list price this week $400,000, last week $395,000.

Closed median price this week $390,000, last week $392,900.

Stats 100822
Stats for week ending October 8th

Conventional financing was used to close on 122 homes this week with a median price $397,500 with 32 days average market time, last week 165 homes at median price $405,000 with 28 days average market time.

Conv 100822
Conventional financing used to close for week ending October 8th

Cash was used to close on 29 homes this week with a median price $425,000 with 29 days average market time, last week 38 homes at median price $405,000 with 37 days average market time.

Cash 100822
Cash used to close for week ending October 8th

FHA financing was used to close on 21 homes this week with a median price $290,000 with 34 days average market time, last week 30 homes at median price $266,500 with 27 days average market time.

FHA 100822
FHA financing was used to close for week ending October 8th

VA financing was used to close on 10 homes at median price $442,500 with 36 days average market time, last week 12 homes at median price $385,500 with 32 days average market time.

VA 100822
VA financing used to close for week ending October 8th

2,000 square feet or more closed on 108 homes at median price $491,000 with 36 days average market time, last week 154 homes at median price $465,000 with 30 days average market time.  Minimum price this week was $179,900, last week $220,000.

2000 SF or more 100822
Homes closed that were at least 2,000 SF or more for week ending October 8th

Contracts accepted this week

Contracts accepted this week were consistent.  170 this week compared to 168 the previous week.

Fox Valley home prices October 8th-Contracts accepted this week

Aurora-29                      Bolingbrook-20

Naperville-31                 Plainfield-21

St Charles-11

2 short sales were accepted by seller’s this week 1 in Bolingbrook and 1 in Montgomery.  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.  1 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $377,450 with 47 days average market time, last week $359,900 with 39 days average market time.

Contingent Stats 100822
Contingent Stats for week ending October 8th

2022 by the month

Month                New   Closed   Contracts accepted

January               422        492            623

February             523        520            724

March                  734       904            890

April                   1168       966           1334

May                    1101       893             806

June                     955     1409            1234

July                    1295       932             908

August               1019      1134           1062

September          730        733            698

October               200       182             170

Totals                 8147     8165          8449

Check back with us every Saturday for the real estate market update in the Fox Valley area of Illinois.  At the end of the month we will also show you 2021 and 2020 so you can compare to see how this year is going.  

Resources

click on everything that is bold and underlined and it will take you to the site for the information.  If you are looking for any other information not listed please let us know and we would be happy to point you in the right direction.

Check with your loan officer to see the rate you will be offered.  It depends on your credit score.  They will help you if you need to work on it.  

You can also connect with us on facebook and search for homes there.  Just click on the “shop now” button and search anytime you like.

All data provided today is from our MLS, MRED, LLC.  It constantly changes throughout the day as agents upload their information so go back and check if you are not signed up for email alerts.

Contact us

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

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker 

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 1st

Fox Valley home prices October 1st.  We will show you the new listings, closed, contracts accepted, financing used, median prices for this week.  2022 by the month with a look back at 2021 and 2020 so you can see how this year is going.

New listings this week were down.  169 this week compared to 185 the previous week.

Closed listings this week were up.  247 this week compared to 172 the previous week.

Fox Valley home prices October 1st

Aurora-New 24 $99,900-$750,000

             Closed-34 $164,000-$750,000

Batavia-New 10 $269,900-$599,900

               Closed-6 $245,000-$540,000

Bolingbrook-New 13 $294,000-$799,000

                      Closed-15 $247,000-$630,000

Montgomery-New 7 $230,000-$409,900

                        Closed-10 $150,000-$395,000

Naperville-New 28 $329,900-$1,099,990

                   Closed-32 $300,000-$1,460,500

Oswego-New 3 $264,900-$525,500

               Closed-10 $255,000-$560,000

Plainfield-New 27 $205,000-$899,000

                  Closed-36 $240,000-$637,190

St Charles-New 7 $110,000-$1,075,000

                   Closed-17 $35,000-$850,000

West Chicago-New 5 $275,000-$449,900

                        Closed-11 $195,000-$640,000

Yorkville-New 7 $325,000-$495,000

                Closed-15 $210,000-$567,500

We are just highlighting the communities with the most activity this week.  Click on the photo above to see other communities with activity and the price ranges.

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

Median list price this week $395,000, last week $399,000.

Closed median price this week $392,900, last week $385,450.

Stats 100122
Median prices for week ending October 1st

Conventional financing was used to close on 165 homes this week at median price $405,000 with 28 days average market time, last week 121 homes at median price $400,000 with 27 days average market time.

Conv 100122
Conventional financing used to close for week ending October 1st

Cash was used to close 38 homes this week at median price $405,000 with 37 days average market time, last week 23 homes at median price $440,000 with 32 days average market time.

Cash 100122
Cash used to close for week ending October 1st

FHA financing was used to close on 30 homes at median price 266,500 with 27 days average market time, last week 22 homes at median price $315,000 with 24 days average market time.

FHA 100122
FHA financing used to close for week ending October 1st

VA financing was used to close on 12 homes this week with a median price $385,000 with 32 days average market time, last week 5 homes at median price $290,000 with 15 days average market time.

VA 100122
VA financing used to close for week ending October 1st

People looking for homes that were at least 2,000 square feet or more closed on 154 homes this week at median price $465,000 with 30 days average market time, last week 86 homes at median price $490,000 with 33 days average market time.  Minimum price this week $220,000, last week $234,000.

2000 SF or more 100122

Conventional financing is still the most accepted financing seller’s are accepting.

Contracts accepted this week

Contracts accepted this week are down.  168 this week compared to 190 the previous week.

Fox Valley home prices October 1st-Contracts accepted this week

Aurora-33                         Montgomery-13

Naperville-24                   Plainfield-22

St Charles-16

Click on the photo to see other communities seller’s accepted contracts this week.  We are just highlighting the ones with the most activity.

1 short sale was accepted by a seller this week.  It was in Plainfield.  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.  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, 4 with 48 hours, and 2 with 24 hours.  There was 1 that did not have anything marked for how many hours.

Median price of homes that went under contract this week $359,900 with 39 days average market time, last week $367,450 with 50 days average market time.

Contingent Stats 100122
Median price of homes that went under contract for week ending October 1st

2022 by the month and a look back at 2021 and 2020

2022

Month                 New   Closed    Contracts accepted

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

Totals                  7947     7983              8279

2021

January                546       649                829

February              561        604                778

March                  993       1099              1455

April                  1006         926              1387

May                   1088       1288              1289

June                   1450       1686              1671

July                     1118        1182              1210

August               1109       1203               1170

September         1083        1411              1251

Totals                8954     10048            11040

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

July                    1417        1453              1852

August              1037        1335              1436

September        1167        1503              1503

Totals              10411        8797             11505

You can see the declining new listings every year.  2021 was the best year for closings.  You can see why prices increased.  Inventory kept declining.

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

Resources

Everything that is bold and underlined click on to go to the site for the information.  

Interest rates depend on your credit score so check with your loan officer to see what interest rate you will be offered.

You can connect with us on Facebook and also search by clicking on the “shop now” button anytime.

If there is any information that you are looking for that is not listed here let us know so we can point you in the right direction.

All data provided today is from our MLS, MRED, LLC.  It is constantly changing throughout the day as agents upload their information.

Contact us

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

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 24th

Fox Valley home prices September 24th.  We will show you the home prices for new listings, closed, contracts accepted, median prices, financing used and 2022 by the month.

New listings this week were up.  185 this week compared to 160 the previous week.

Closed listings were consistent.  172 this week compared to 177 the previous week.

Fox Valley homes prices September 24th

Aurora-New 20 $185,000-$719,000

             Closed-21 $122,000-$680,000

Bolingbrook-New 12 $165,000-469,000

                      Closed-20 $234,500-$775,000

Geneva-New 12 $255,000-$825,000

              Closed-11 $325,000-$707,100

Naperville-New 21 $322,000-$1,600,000

                   Closed-19 $315,000-$1,065,000

Plainfield-New 20 $237,000-$1,175,000

                  Closed-25 $255,900-$1,550,000

St Charles-New 21 $275,000-$1,699,000

                  Closed-10 $315,000-$925,000

Yorkville-New 14 $249,900-$595,000

                Closed-12 $189,000-$740,000

These are the communities with the most activity this week.  You can click on the photo above to see other communities that also had activity.

You might want to adjust what community you are looking in based on price ranges.

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

Median price this week $399,000, last week $389,900

Closed median price this week $385,450, last week $385,000

Stats 092422
Stats for week ending September 24th

Conventional financing was used to close on 121 homes this week at median price $400,000 with 27 days average market time, last week 121 homes at median price $399,122 with 28 days average market time.

Conv 092422
Conventional financing used to close for week ending September 24th

Cash was used to close on 23 homes at median price $440,000 with 32 days average market time, last week 27 homes at median price $424,500 with 38 days average market time.

Cash 092422
Cash used to close for week ending September 24th

FHA financing was used to close on 22 homes at median price $315,000 with 24 days average market time, last week 27 homes at median price $295,000 with 26 days average market time.

FHA 092422
FHA financing used to close for week ending September 24th

VA financing was used to close on 5 homes at median price $290,000 with 15 days average market time, last week 3 homes at median price $414,000 with 24 days average market time.

VA 092422
VA financing used to close for week ending September 24th

86 homes closed that were at least 2,000 square feet or more at median price $490,000 with 33 days average market time, last week 100 homes at median price $450,000 with 30 days average market time.  Minimum price for 2,000 SF or more this week $234,000, last week $280,000.

2000 SF or more 092422
2,000 SF or more closed for week ending September 24th

Contracts accepted this week

Contracts accepted this week  were up.  190 this week compared to 169 the previous week.

Fox Valley home prices September 24th-Contracts accepted this week

Aurora-42                            Montgomery-14

Naperville-24                      Plainfield-28

St Charles-14                       Yorkville-11

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

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.  4 with a kick-out clause of 72 hours, 2 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.  2 with a kick-out clause of 72 hours, 1 with 48 hours, and 2 with 24 hours.

Median price for homes that went under contract this week $367,450 with 50 days average market time, last week median price $364,900 with 41 days average market time.

Contingent Stats 092422
Median price of homes that went under contract for week ending September 24th

2022 by the month

Month                    New   Closed   Contracts accepted

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              561       486                530

Totals                    7778      7736               8111

So far in September there is more new listings than closed, but almost the same that went under contract.  When this triangle shifts prices will either go up or down.

Next week is the last week of the month so we will also take a look back at 2021 and 2020 to compare how this year is going.

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

Resources

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

Check with your loan officer to see what rate you will be offered.  It depends on your credit score.

To begin searching for a home you need to get pre-qualified with a loan officer, and it is best if you go ahead and get approved so you know when you do find a home that there will be no problems with the loan if it appraises out and no title issues.  No last minute issues.

It is still a good time to sell.  Let us know if you have questions.

You can also connect with us on Facebook and if you click on the “shop now” you can search for homes there.

All data provided today is from our MLS, MRED, LLC.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

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

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

 

Fox Valley home prices September 17th

Fox Valley home prices

Fox Valley home prices September 17th.  We will update you on the new listings, closed, contracts accepted, median prices, and financing used for the Fox Valley area of Illinois.  We will also take a look back at 2022 by the month.

New listings are down.  160 this week compared to 216 the previous week.

Closed listings are up.  177 this week compared to 137 the previous week.

Fox Valley home prices September 17th

Aurora-New 25 $155,000-$590,000

             Closed-29 $106,500-$493,100

Bolingbrook-New 11 $254,000-$849,000

                      Closed-21 $250,000-$623,938

Naperville-New 17 $323,900-$1,995,000

                   Closed-26 $255,000-$800,000

Plainfield-New 22 $209,900-$929,000

                 Closed-22 $213,900-$600,000

St Charles-New 10 $329,900-$749,900

                  Closed-9 $220,000-$709,442

These are just the communities with the most activity this week.  Click on the photo above to see the other communities that also had activity.  If price is your biggest factor this might help you decide which community to take a look at.

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

Median list price this week $389,900, last week $389,999.

Closed median price this week $385,000, last week $382,500.

Stats 091722
Stats for week ending September 17th

Conventional financing was used to close on 120 homes this week at median price $399,122 with 28 average market time, last week 102 homes at median price $390,000 with 29 days average market time.

Conv 091722
Conventional financing used to close for week ending September 17th

Cash was used to close on 27 homes this week at median price $424,500 with 38 days average market time, last week 16 homes at median price $454,120 with 16 days average market time.

Cash 091722
Cash used to close for week ending September 17th

FHA financing was used to close on 27 homes at median price $295,000 with 26 days average market time, last week 16 homes at median price $272,000 with 54 days average market time.

FHA 091722
FHA financing used to close for week ending September 17th

VA financing was used to close on 3 homes this week at median price $414,000 with 24 days average market time, last week also 3 homes at median price $335,000 with 20 days average market time.

VA 091722
VA financing used to close for week ending September 17th

Homes that were at least 2,000 square feet or more closed on 100 homes at median price $450,000 with 30 days average market time, last week 80 homes at median price $470,000 with 28 days average market time.  Minimum price this week $280,000, last week $223,650.

2000 SF or more 091722
Homes that were at least 2,000 SF or more closed for week ending September 17th

Contracts accepted this week

Contracts accepted this week were pretty consistent.  169 this week compared to 171 the previous week.

Fox Valley home prices September 17th-Contracts accepted this week

Aurora-26                             Bolingbrook-15

Geneva-13                            Naperville-17

Plainfield-18                        St Charles-19

Other communities had contracts accepted.  Please click on the photo to see them.

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 ours and also 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 1 that is not marked  for timing of the kick -out clause.

Median list price of homes that went under contract this week $364,900 with 41 days average market time, last week median list price $385,900 with 47 days average market time.

Contingent Stats 091722
Stats for homes that went under contract for week ending September 17th

2022 by the month

Month                      New   Closed   Contracts accepted

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                           995       932              908

August                    1019      1134             1062

September               376        314               340

Totals                     7633     7564              7921

Check back with us every Saturday for the real estate market update.  At the end of each month we will also take a look back at 2021 and 2020 so you can compare and see how this year is going.

Resources

Click on each item that is bold and underlined and it will take you to the information.

If there is other information that you are looking for let us know.  We will be happy to point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.

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

Connect with us on Facebook you can click on the “shop now” button and search anywhere you want anytime.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Fox Valley home prices September 17th.  Have an awesome week!

Kristine Heiman, SRS, SFR, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Kriss New profile for FB 123121

Fox Valley home prices August 20th

Fox Valley Home Prices April 23

Fox Valley home prices August 20th.  Busy time right now with everyone getting their kids back to school.

Every Saturday we are here to update you on the week with new listings, closed, contracts accepted, 2022 by the month, median prices and the financing used to get to closing.

New listing this week were down.  171 this week compared to 206 the previous week.

 Closed listings were up.  229 this week compare to 213 the previous week.

Fox Valley home prices August 20th

Aurora-New 21 $99,900-$824,900

             Closed-32 $177,000-$590,000

Bolingbrook-New 17 $189,900-$549,900

                      Closed-16 $195,000-$542,000

Geneva-New 5 $269,108-$595,000

              Closed-19 $234,900-$980,000

Naperville-New 33 $389,000-$1,849,000

                   Closed-48 $290,000-$1,500,000

Oswego-New 8 $250,000-$624,900

               Closed-12 $300,000-$581,660

Plainfield-New 25 $270,000-$615,000

                  Closed-19 $200,000-$621,180

St Charles-New 14 $165,000-$1,175,000

                   Closed-22 $245,000-$880,000

Yorkville-New 5 $249,900-$599,000

                 Closed-10 $280,000-$630,000

Median prices, financing used, and 2,000 SF or more

Median list price this week $397,500, last week $398,180.

Closed median price this week $390,000, last week  also $390,000

Stats 082022
Stats for week ending August 20th

Conventional financing was used to close on 177 homes this week at median price $399,990 with 22 days average market time, last week 155 homes at $433,000 median price with 18 days average market time.

Conv 082022
Conventional financing used to close for week ending August 20th

Cash was used to close on 21 homes this week at median price $400,000 with 22 days average market time, last week 28 homes at median price $330,000 with 28 days average market time.

Cash 082022
Cash used to close for week ending August 20th

FHA financing was used to close on 21 homes this week at median price $298,500 with 22 days average market time, last week 20 homes at median price $315,000 with 13 days average market time.

FHA 082022
FHA financing was used to close for week ending August 20th

VA financing was used to close on 8 homes this week at median price $407,500 with 30 days average market time, last week 9 homes at median price $333,000 with 18 days average market time.

VA 082022
VA financing used to close for week ending August 20th

2,000 square feet or more closed on 136 homes this week at median price $464,000 with 21 days average market time, last week 138 homes at median price $484,950 with 20 days average market time.  Minimum price this week $220,000, last week $110,000.

2000 SF or more 082022
2,000 SF or more for week ending August 20th

Contracts accepted this week

Contracts accepted this week were slightly up.  228 this week compared to 222 the previous week.

Fox Valley home prices August 20th-Contracts accepted this week

Aurora-34                            Bolingbrook-26

Naperville-29                      Plainfield-33

St Charles-15                       Yorkville-12

No short sales were accepted by seller’s this week

Sellers accepted contracts that are contingent on the buyer closing on their current home.  3 with a kick-out clause of 72 hours, 8 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, 6 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $365,000 with 33 days average market time, last week median price $359,700 with 37 days average market time.

Contingent Stats 082022
Contingent Stats for week ending August 20th

2022 by the month

Month                      New   Closed   Contracts accepted

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                      643        666            651

Totals                      6841       6782          7170

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 2021 and 2020 so you can see how this year is going.

Resources

Click on anything that is underlined and bold.  It will take you to the site for the information.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  They can help you work on your score if you need it.

If you need recommendations for loan officer, real estate attorney, or home inspector let us know and we can recommend a few of each and you can decide who you want to work with.

contact us

Call us at 630-503-6555 with all of your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided is from our MLS.  MRED, LLC.

Fox Valley home prices August 20th.  Have an awesome week!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

 

Fox Valley home prices July 16th

Fox Valley Home Prices April 23

Fox Valley home prices July 16th.  I am late posting this blog post because I was enjoying time with my grandkids last week.  Data was downloaded Saturday morning like usual.  I give you the numbers instead of percentages so you can actually see the activity.  I will show you the new listings, closed listings, median prices, financing used, 2022 by the month and how many contracts were accepted by seller’s this week.  We will also show you some good resources you can use for information or help. 

New listings this week were up.  277 this week compared to 257 the previous week.

Closed listings were also up.  241 this week compared to 175 the previous week.

Fox Valley home prices July 16th

Aurora-New 38 $100,000-$749,900

            Closed-46 $153,000-$870,000

Bolingbrook-New 19 $234,900-$825,000

                   Closed-14 $275,000-$585,000

Geneva-New 10 $195,000-$699,000

            Closed-5 $456,000-$950,000

Montgomery-New 11 $215,000-$484,900

                     Closed-9 $230,000-$375,000

Naperville-New 59 $360,000-$6,000,000

                 Closed-46 $245,500-$1,500,000

Oswego-New 17 $240,000-$1,400,000

             Closed-15 $235,000-$528,419

Plainfield-New 33 $270,000-$875,000

                Closed-23 $255,500-$740,000

St Charles-New 17 $248,900-$950,000

                  Closed-23 $225,000-$1,275,000

West Chicago-New 10 $212,000-$950,000

                       Closed-7 $275,000-$528,000

These are the communities with the most activity.  Look at the picture above for other communities that also had activity but in smaller numbers.

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

Median list price this week$400,000, last week $415,000

Closed median price this week $405,200, last week $414,900.

Stats 071622
Stats for week ending July 16th

Conventional financing was used to close 175 homes this week at median price $430,000 with 20 days average market time, last week 120 homes at median price $440,000 with also 20 days average market time.

Conv 071622
Conventional financing used to close for week ending July 16th

Cash was used to close on 24 homes this week at median price $396,000 with 39 days average market time, last week also 24 homes at median price $402,500 with 31 days average market time.

Cash 071622
Cash used to close for week ending July 16h

FHA financing used to close on 28 homes at median price $317,500 with 13 days average market time, last week 22 homes at median price $325,000 with 22 days average market time.

FHA 071622
FHA financing used to close for week ending July 16th

VA financing was used to close on 13 homes at median price $399,900 with 16 days average market time, last week 8 homes at median price $407,500 with 9 days average market time.

VA 071622
VA financing used to close for week ending July 16th

Homes that were at least 2,000 square feet or more closed on 157 homes at median price $498,000 with 18 days average market time, last week 106 homes at median price $472,500 with 20 days average market time. Minimum price this week $299,000, last week $229,000.

2000 SF or more 071622
Homes 2,000 SF or more for week ending July 16th

Contracts accepted this week

Contracts accepted this week were up.  245 this week compared to 190 the previous week.

Fox Valley home prices July 16th-Contracts accepted this week

Aurora-37                          Bolingbrook-17

Naperville-49                     Oswego-12

Plainfield-32                      St Charles-15

No short sales were accepted by seller’s this week.  If you are having trouble you might be able to sell and not have to sell short in this market.

Seller’s accepted contracts that are contingent on the buyer closing on their current home.  5 with a kick-out clause of 72 hours, 2 with 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.  5 with a kick-out clause of 72 hours, 1 with 48 hours, and also 1 with 24 hours.

Median price for homes that went under contract this week $385,000 with 33 days average market time, last week median price $375,000 with 28 days average market time.

Contingent Stats 071622
Contingent Stats for week ending July 16th

 

2022 by the month

Month        New   Closed   Contracts accepted

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              534         416             435   

Totals      5777    5600       6046

It is still a tight market.  When new listings start to exceed closed by a wider margin prices will continue to rise.

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 look back at 2021 and 2020 so you can compare and see how this year is going.

Resources 
Click on anything that is highlighted and underlined to take you to the site for the information.  If there is other information that you are looking for just let us know so we can point you in the right direction.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  If you need to work on your score to bring it up they can help you with that.

We will provide you with a net proceeds when you request a home valuation.  This shows you the expenses to sell.  This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about buying a home get all your financial information together, and get it to your loan officer, so they can put you through underwriting so you can get approved before even looking at homes.  You will know that you qualify for the homes that you are looking at,  and the seller will not worry about accepting your offer knowing that you have already gone through the process.  As long as the home appraises out and title work is done it will close.  Waiting until a week before closing to find out you are approved is crazy.

Contact us
Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.
If you need recommendation for loan officers, real estate attorneys or home inspectors we can recommend a few and you choose who you want to work with.
All data is from our MLS.  MRED, LLC.  It was downloaded Saturday morning.  After the download the numbers change continuously throughout the day as agents upload their new listings, price changes, contract pending and closed homes.
Fox Valley home prices July 16th.  Have an awesome week!
Kristine Heiman, SRS, SFR, SRES, AHWD
Designated Managing Broker
Best Homes Fox Valley
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101
Kriss New profile for FB 123121       

Fox Valley home prices July 2nd

Fox Valley Home Prices April 23

Fox Valley home prices July 2nd.  This week in addition to New listings, closed listings, contracts accepted, median prices we will also take a look back at 2021 and 2020 so you can see how this year is going.  The majority of this week was in June so we will count it in with June totals.

New listings this week were down significantly.  207 this week compared to 295 the previous week.

Closed listings this week were up significantly.  344 this week compared to 224 the previous week.  The end of the  month is when most buyer’s want to close.

Fox Valley home prices July 2nd

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

Aurora-New 31 $125,000-$524,000

             Closed-39 $140,000-$555,000

Bolingbrook-New 21 $235,000-$589,000

                      Closed-34 $170,000-$780,005

Geneva-New 9 $320,000-$610,000

              Closed-15 $365,000-$690,000

Montgomery-New 3 $150,000-$399,900

                       Closed-13 $235,000-$370,000

Naperville-New 35 $369,000-$2,850,000

                  Closed-71 $325,000-$1,415,000

Oswego-New 17 $230,000-$482,990

               Closed-17 $345,000-592,500

Plainfield-New 26 $235,000-$749,900

                 Closed-45 $211,000-$702,590

St Charles-New 11 $270,000-$2,899,900

                  Closed-28 201,800-$2,300,000

West Chicago-New 4 $300,000-1,150,000

                       Closed-13 $148,000-$565,000

Yorkville-New 15 $309,000-$629,000

                Closed-7 $343,490-$530,000

You might want to look at communities with less activity.

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

Median list price this week $404,900, last week $425,000

Closed median price this week $420,000, last week $408,999

Stats 070222
Stats for week ending July 2nd

Conventional financing used to close 251 homes this week at median price $450,000 with 19 days average market time, last week 163 homes at median price $450,000 with 13 days average market time.

Conv 070222
Conventional financing used to close for week ending July 2nd

Cash was used to close on 46 homes at median price $399,000 with 17 days average market time, last week 24 homes at median price $405,999 with 16 days average market time.

Cash 070222
Cash used to close for week ending July 2nd

FHA financing was used to close on 37 homes at median price $327,500 with 17 days average market time, last week 27 homes at median price $306,050 with 11 days average market time.

FHA 070222
FHA financing used to close for week ending July 2nd

VA financing was used to close 7 homes at median price $428,000 with 17 days average market time, last week 9 homes at median price $365,000 with 14 days average market time.

VA 070222
VA financing used to close for week ending July 2nd

Homes that were at least 2,000 square feet or more closed on 222 homes this week at median price $510,000 with 19 days average market time, last week 131 homes with median price $516,000 with 13 days average market time. Minimum price this week was $125,000, last week $175,000.

2000 SF or more 070222
Homes closed that were at least 2,000 SF or more for week ending July 2nd

Contracts accepted this week

Contracts accepted this week were down.  225 this week compared to 256 the previous week.

Fox Valley home prices July 2-Contracts accepted this week

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

Aurora-41                           Batavia-10

Bolingbrook-18                   Geneva-12

Naperville-28                     Oswego-15

Plainfield-23                      St Charles-21

No short sales were accepted by sellers this week.

Seller’s accepted contracts this week that were contingent on the buyer closing on their current home.  4 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 also 2 with 48 hours.

Median price of homes that went under contract this week $400,000 with 23 days average market time, last week $375,000 with 22 days average market time.

Contingent Stats 070222

2022 by the month and a look back at 2021 and 2020

2022

Month                     New   Closed   Contracts accepted

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            5234    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

2020 was the best year for New listings, and 2021 was best for closings. 2022 was the lowest for new listings.  Inventory has steadily decreased each year.  You can see why prices have increased the way they have.

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

Resources

Everything that is bold and underlined click on so it will take you to the site for the information.

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  They can help you if you need to work on it and bring it up.

Request a home valuation if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you and estimate of what it will sell for in today’s market. Also, we will give you a net proceeds that shows you the expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying a home this year get all your financial information to a loan officer that will put you through underwriting and get you approved for a loan before you even start looking.  Then you will know that you are looking at the right priced homes.  You will be able to close quicker and the seller will be more comfortable about accepting your offer knowing that you have already gone through the process.  You can sign up for email alerts so you don’t miss out on any homes that come on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided today is from our MLS.  MRED, LLC.  It is continuously updated as agents upload their information.

Fox Valley home prices July 2nd.  Have a happy and safe 4th of July!

Kristine Heiman, SFR, SRS, SRES, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices June 18

Fox Valley Home Prices April 23

Fox Valley home prices June 18.  You will see how many new listings, closed, contracts accepted, median prices, financing most used, 2020 by the month and some great resources you might like to check into.

New listings this week were up.  271 this week compared to 243 the previous week.

Closed listings were also up.  279 this week compared to 256 the previous week.

Fox Valley home prices June 18

First, we will take a look at the communities with the most activity this week:

Aurora-New 23 $140,000-$775,000

             Closed-45 $156,000-$679,000

Batavia-New 10 $265,000-$550,000

              Closed-7 $290,750-$670,000

Bolingbrook-New 19 $180,000-$707,500

                     Closed-24 $255,000-$535,000

Geneva-New 9 $339,800-$1,399,000

              Closed-10 $358,000-$1,385,000

Montgomery-New 10 $238,000-$399,900

                       Closed-9 $235,000-$395,000

Naperville-New 52 $276,000-$1,450,000

                   Closed-New 61 $290,000-$1,250,000

Oswego-New 21 $245,000-$575,000

               Closed-11 $240,000-$635,000

Plainfield-New 28 $249,900-$999,000

                 Closed-29 $285,000-$621,000

St Charles-New 29 $142,500-$889,000

                  Closed-13 $304,000-$2,200,000

Yorkville-New 17 $232,900-$850,000

                Closed-12 $331,500-$545,000

Many other communities had activity that you can see above in the photo.

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

Median list price this week $415,950, last week $399,000

Closed median price this week $430,000, last week $415,500.

Stats 061822
Stats for week ending June 18

Conventional financing was used to close on 213 homes at a median price $465,000 with 16 days average market time, last week 184 homes at median price $434,000 with 19 days average market time.

Conv 061822
Conventional financing used to close for week ending June 18

Cash was used to close on 28 homes this week with a median price $362,500 with 11 days average market time, last week 35 homes at median price $402,500 with 18 days average market time.

Cash 061822
Cash used to close for week ending June 18

FHA financing was used to close on 29 homes at median price $310,000 with 14 days average market time, last week 25 homes at median price $320,000 with 34 days average market time.

FHA 061822
FHA financing used to close for week ending June 18

VA financing was used to close on 8 homes this week at a median price $379,000 with 13 days average market time, last week 9 homes at median price $437,180 with 14 days average market time.

VA 061822
VA financing used to close for week ending June 18

Buyer’s closed on 182 homes that were at least 2,000 square feet or more at median price $500,000 with 17 days average market time, last week 167 homes at median price $497,600 with 25 days average market time.  Minimum price this week $225,000, last week $228,000.

2000 SF or more 061822
Homes closed that were at least 2,000 SF or more for week ending June 18

Conventional financing is still the way the majority of buyer’s use to purchase a home.  About 65% of homes sold this week in the Fox Valley area of Illinois are at least 2,000 square feet or more.

Contracts accepted this week

Contracts accepted this week are down.  245 this week compared to 290 the previous week.

Fox Valley home prices June 18-Contracts accepted this week

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

Aurora-37                            Bolingbrook-20

Naperville-39                      Oswego-12

Plainfield-43                       St Charles-22

West Chicago-12                 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. 4 with a kick-out clause of 72 hours and also 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 48 hours and 1 with 24 hours.

The median price of homes that went under contract this week $379,000 with 23 days average market time, last week median price $379,950 with 31 days average market time.

Contingent Stats 061822
Contingent Stats for week ending June 18

2022 by the month

Month                              New   Closed   Contracts accepted

January                            422        492            623

February                          523        520            724

March                               734       904            890

April                                1168       966           1334

May                                 1101       893            806

June                                  793       841             753

Totals                              4741     4616           5130

June could turn out to be the best month so far if it keeps consistent for the rest of the month.

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 2021 and 2020 so you can compare to this year.

Resources

Everything that is underlined click on to go to the site for the information.  If there is other information that you are looking for not here, just let us know, and we will point you in the right direction.

Check with your loan officer to see what interest rates you will be offered.  It depends on your credit score.  If you need to work on your score they can help you with that.

Request a home valuation  if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you an estimate of what it will sell for, and a net proceeds, that shows you an estimate of expenses to sell.  When an offer comes in we will update the net proceeds so you can make a good decision.

If you are thinking about buying a home you will want to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved before you start looking so you know you will be able to get a loan for that property.  You will feel better about spending the money on inspections because if the property appraises out for the purchase price and no title issues you will be closing.

Sign-up for email alerts with the area, price and how many bedrooms and you will receive listings as they hit the market.

Contact us

Call us at 630503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

If you need recommendations for loan officers, real estate attorneys or home inspectors just let us know and we will give you a few to contact so you can choose who you would like to work with.

All data provided here today is from our MLS.  MRED, LLC.  The numbers change continually throughout the day as agents upload their new listings, closed and under contract properties.

Fox Valley home prices June 18.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121

Fox Valley home prices June 11

Fox Valley Home Prices April 23

Fox Valley home prices June 11.  This is the first full week of June.  We will go over new listings, closed and contracts accepted.  What communities had the most activity, median prices and  financing used.  We will also take a look at 2022 by the month.

New listings this week were down.  243 this week compared to 279 the previous week.

Closed listings were also down.  256 this week compared to 306 the previous week.

Fox Valley home prices June 11

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

Aurora-New 32 $139,900-$1,230,000

            Closed-26 $150,000-$906,000

Batavia-New 11 $255,000-$709,900

             Closed-10 $290,750-$495,000

Bolingbrook-New 23 $120,000-$950,000

                    Closed-26 $230,000-$540,000

Geneva-New 9 $234,900-$899,000

             Closed-15 $235,000-$999,486

Naperville-New 44 $329,500-$3,750,000

                  Closed-46 $300,000-$1,350,000

Oswego-New 14 $295,000-$520,000

              Closed-12 $240,000-$585,000

Plainfield-New 34 $239,900-$1,045,000

                Closed-25 $285,000-$625,000

St Charles-New 15 $275,000-$825,000

                   Closed-16 $315,000-$950,000

Yorkville-New 13 $179,500-$689,900

               Closed-11 $194,500-$810,000

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

Median list price this week $399,000, last week $400,000

Closed median price this week $415,500, last week $410,000

Stats 061122
Stats for week ending June 11

Conventional financing was used for 184 homes with median price of $434,000 with 19 days average market time, last week 251 homes at median price $430,000 with 12 days average market time.

Conv 061122
Conventional financing used for week ending June 11

Cash was used to close on 35 homes with  median price $402,500 with 18 days average market time, last week 18 homes at median price $391,250 with 13 days average market time.

Cash 061122
Cash used to close for week ending June 11

FHA financing was used to close on 25 homes this week with a median price $320,000 with 34 days average market time, last week 19 homes with a median price $310,000 with 24 days average market time.

FHA 061122
FHA financing used to close for week ending June 11

VA financing was used to close on 9 homes this week with a median price $437,180 with 14 days average market time, last week 15 homes with median price $383,000 with 51 days average market time.

VA 061122
VA financing used to close for week ending June 11

Homes that are at least 2,000 square feet or more closed on 167 with a median price $497,600 with 25 days average market time, last week 193 homes with median price $480,000 with 16 days average market time.  Minimum price this week $228,000, last week $155,000.  What a difference a week makes.

2000 SF or more 061122
Homes that were at least 2,000 SF or more closed for week ending June 11

Contracts accepted this week

Contracts accepted this week were up.  290 this week compared to 218 the previous week.

Fox Valley home prices June 11-Contracts accepted this week

Look at the communities seller’s accepted the most contracts:

Aurora-42                           Batavia-12

Bolingbrook-22                    Geneva-14

Montgomery-16                   Naperville-49

Oswego-12                          Plainfield-35

St Charles-17                     Yorkville-11

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, 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. 1 with a kick-out clause of 72 hours and 3 with 48 hours.  

1  that we do not have information about how long the buyers have to waive contingences or drop out.

Median price under contract this week $379,950 with 31 days average market time, last week median price $399,450 with 20 days average market time.

contingent stats 061122
Contingent stats for week ending June 11

2022 by the month

Month          New   Closed   Contracts accepted

January             422         492              623

February           523         520              724

March               734         904              890

April                1168         966             1334 

May                  1101         893              806

June                 522         562              508

Totals        4470     4337        4885

It is still a tight market, but loosening up slightly.  Prices are still rising.

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 take a look back at 2021 and 2020 so you can see how the market is doing this year.

Resources

Click on everything that is darkened and underlined.  It 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.

Check with your loan officer to see what interest rate they will be offering you.  It depends on your credit score.  They can help you bring up your score.  Just ask.

We can also recommend real estate attorney, home inspector and loan officers.

Request a home valuation and we will let you know what your home is worth in today’s market.  Give us some information about your home and what has been recently updated.

If you are thinking about buying a home you need to get in touch with a loan officer and get them all your financial information so they can put you through underwriting and get approved for a loan so when you start looking you know that you will be able to go through with it and it also lets the seller know that you already did the work.  It puts you in a better position to win.

Sign-up for email alerts so you do not miss out on a property that comes on the market.

Contact us

Call us at 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

All data provided today is from our MLS.  MRED, LLC.  The data is constantly changing as agents upload the information throughout the day.

Fox Valley home prices June 11.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Fox Valley home prices April 23

Fox Valley Home Prices April 23

Fox Valley home prices April 23.  We are here to tell you about the real estate market in the Fox Valley area of Illinois.  If you would like to learn about other areas we can help you with that also.  Communities will be highlighted that have the most activity this week, median prices, financing used, 2,000 Square feet or more, Contracts accepted, 2022 by the month, resources and how to get in touch with us.

New listings of single family homes was up.  302 this week compared to 206 the previous week.  That is quite the jump!  We are so happy to see this.

Closed listings of single family homes was up slightly.  198 this week compared to 190 the previous week.

Fox Valley home prices April 23

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

Aurora-New 37 $125,000-$850,000

            Closed-26 $122,820-$627,500

Batavia-New 11 $275,000-$575,000

            Closed-7 $295,000-$550,000

Bolingbrook-New 15 $189,900-$525,000

                   Closed-13 $260,000-$716,000

Geneva-New 13 $249,000-$1,995,000

            Closed-8 $297,500-$650,000

Naperville-New 72 $324,999-$1,500,000

                 Closed-42 $263,000-$1,600,000

Oswego-New 22 $230,000-$649,900

             Closed-11 $242,000-$888,240

Plainfield-New 34 $239,000-$1,700,000

               Closed-21 $250,000-$668,533

St Charles-New 28 $229,900-$1,300,000

                  Closed-17 $167,000-$679,500

Sugar Grove-New 10 $355,000-$980,000

                    Closed-1 $380,000

Yorkville-New 13 $299,990-$875,000

               Closed-7 $191,000-$575,000

All these numbers will change as the day goes on.  The system updates as agents upload the new listings and closed listings.

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

Median price of single family homes listed this week $410,000, last week $387,000.

Closed homes had a median price of $389,000 this week, last week $391,000.

Stats 042322
Stats for week ending April 23

Conventional financing was used to close 152 homes this week with a median price of $395,000 27 days average market time, last week 144 homes with median price of $402,500 24 days average market time.

Conv 042322
Conventional financing used for week ending April 23

Cash was used to close on 23 homes this week with a median price of $470,000 12 average market time, last week 24 homes with median price of $410,000 8 average market time.

Cash 042322
Cash used to close for week ending April 23

FHA financing was used to close on 16 homes with a median price of $287,500 with 12 average days market time, last week 14 homes with median price of $297,500 with 21 days average market time.

FHA 042322
FHA financing used to close for week ending April 23

VA financing was used to close on 6 homes with median price of $258,500  with 41 days average market time, last week also 6 homes but with median price of $583,500 with 110 average market time.

VA 042322
VA financing used to close for week ending April 23

People looking for a home that was at least 2,000 square feet or more closed on 116 homes with median price of $473,750 with 33 days average market time, last week 116 homes with a median price of $465,750 with 29 days average market time.  The minimum priced home this week was $191,000, last week $175,000.

2000 SF or more 042322
Homes 2,000 SF or more for week ending April 23

Contracts accepted this week

Contracts accepted by sellers was down.  245 this week compared to 297 the previous week.

Fox Valley home prices April 23-Contracts accepted this week

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

Aurora-36                        Bolinbrook-15

Naperville-48                   Oswego-12

Plainfield-33                    St Charles-26

Yorkville-11

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

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and also 1 with 48 hours.

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

Median list price of homes that went under contract this week $399,900 with 25 days average market time, last week $399,000 with 23 days average market time.

Contingent Stats 042322
Contingent Stats for week ending April 23

2022 by the month

Month        New   Closed   Contracts accepted

January          422         492             623

February        523         520             724

March            734         904             890

April              934         749            1009

Totals      2615     2665       3246

New listings are increasing, but so are the closed and under contract.  We need new listings to increase drastically to slow down the increase in prices.  Interest rates are going up.  We are starting to see market time go up and price changes so it is impacting some areas but not all.

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 2021 and 2020 so you can see how this year compares to the previous 2 years.

Resources

Click on each underlined resource that you want to know more about.  If there is information not listed that you are looking for let us know and we will point you in the right direction.

Types of loan and the process

VA loans and the requirements

Current interest rates

Down payment assistance

IHDA programs

Check with your loan officer to see what interest rate you will be offered.  It depends on your credit score.  If you need to work on your score they can help you.

Contact us

Call 630-503-6555 with all your real estate questions.  Your goal is our goal.  We will do everything we can to help you reach your goal.

Request a home valuation if you are thinking about selling your home.  Tell us a little bit about your home and what has recently been updated.  We will give you an estimate of what it will sell for and a net proceeds that shows you the expenses to sell.  When an offer comes in we will update the net proceeds showing the terms and price offered so you can make a good decision.

Thinking about buying a home this year.  You need to get all your financial information to a loan officer so they can put you through underwriting so you will know what you are pre approved for and the seller will also feel better accepting your offer knowing you went through this extra step.

Sign-up for email alerts  so you don’t miss out on a home coming on the market.

You can search for me on facebook and click on the “shop now” button to search anywhere in Illinois.

All data provided today is from our MLS.  MRED, LLC.

Fox Valley home prices April 23.  Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Kriss New profile for FB 123121