Fox Valley home prices January 8 2022

Posted on January 8, 2022January 8, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 8 2022

Fox Valley home prices January 8 2022. New listings of single family homes are up. 106 this week compared to 42 the previous week. This is still lower than the first full week of 2021 with 136 new listings.

Closed listing are down. 122 this week compared to 174 the previous week. The beginning of the year, and month starts off slow, and then increases as we head into the end of the month closer to Spring market.

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

Aurora-New 18 $160,000-$675,000

Closed-18 $80,000-$901,100

Naperville-New 14 $349,900-$1,749,000

Closed-23 $317,500-$1,200,000

Plainfield-New 14 $199,000-$632,920

Closed-13 $170,000-$613,013

St Charles-New 6 $250,000-$1,550,000

Closed-13 $133,350-$871,027

Financing, median price and 2,000 square feet or more

Median list price on single family homes this week $362,500, last week $324,950.

Closed median price this week on single family homes $367,500, last week $326,000.

Conventional financing used to close on 83 homes at median price of $408,000 this week, last week 121 at $355,000 median price.

Cash used to close 17 homes at median price of $355,000 this week, last week 16 at $267,500 median price.

FHA financing was used to close on 14 homes at a median price of $270,500 this week, last week 23 at $251,500 median price.

VA financing was used to close on 6 homes with a median price of $344,495 this week, last week 13 homes at $327,000 median price.

76 single family homes were closed with 2,000 square feet or more with a median price of $465,750 this week, last week 83 homes were closed at $420,000 median price.

The minimum price for 2,000 square feet or more was $240,000 this week, last week $239,900. This gives you and idea of prices in the Fox Valley if you are thinking about looking for a larger home with more bedrooms, office or family room.

Contracts accepted this week

110 contracts were accepted this week by seller’s. The previous week 101 so it has gone up slightly.

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

Aurora-22 Bolingbrook-14

Naperville-16 Plainfield-17

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 hours and 1 with 48 hours.

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

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.

Do you have questions about real estate taxes? What you should do to get your home ready for market? Do you want guidance after a loved one has passed?

We can’t give you legal advice, but we can help guide you through the process.

Request a home valuation and give us some information about your home and what has recently been updated. We will give you an idea of market value and what you expenses might be to sell. When an offer comes in we can give you a better idea when we know all the terms.

Thinking about buying a homes? Get in contact with a loan officer with all your financial information so they can get you pre approved. Then you are ready to start looking.

Check out some great resources:

Your interest rate will be determined on your credit score. Check with your loan officer to see what they are offering you and ask if there is anything you can do to bring up your score to get a better rate. Your loan officer also might be offering some assistance. You need to ask.

Look for us on Facebook at Best Homes Fox Valley. We have a “shop now” button you can click on and search anywhere in Illinois. There are drop down arrows if you are looking for attached housing or for more options.

All data used is from our MLS MRED, LLC.

Fox Valley home prices January 8 2022. Have an awesome week!

Kristine Heiman, SFR, SRS, AHWD, C2EX

Designated Managing Broker

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Search for a home today!

Market update Fox Valley week 36

Posted on September 5, 2020 by Kristine Heiman, Designated Managing Broker

Market update Fox Valley week 36

Market update Fox Valley week 36. New listings of single family homes are up this week. 255 this week compared to 241 the week before. Great news! Any increase is very welcome.

Closed listings of single family homes were also up this week. 357 this week compared to 325 the week before. Some of these were on the 31st of August and we are including them in this first week of September. Most buyers do not want to close in the beginning of the month because they need to bring a whole month of interest along with other closing costs to the closing. Some of these closings are getting pushed to the next week because of the loan not processing in time. There is a lot of activity along with a lot of homeowners refinancing because the rates are so fantastic right now.

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

Aurora-New 24 $115,000-$465,000

Closed-46 $105,000-$480,000

Batavia-New 12 $210,000-$609,900

Closed-9 $212,000-$638,449

Bolingbrook-New 14 $174,900-$475,000

Closed-23 $185,000-$410,000

Geneva-New 11 $250,000-$675,000

Closed-16 $238,000-$1,350,000

Montgomery-New 3 $225,000-$239,000

Closed-15 $177,000-$325,000

Naperville-New 55 $270,000-$1,975,000

Closed-60 $270,000-$1,000,000

North Aurora-New 4 $194,000-$369,000

Closed-12 $236,000-$445,500

Oswego-New 11 $215,000-$345,900

Closed-13 $185,000-$380,000

Plainfield-New 32 $230,000-$648,731

Closed-40 $150,000-$581,000

St Charles/Campton Hills-

New 23 $185,000-$1,250,000

Closed-36 $142,500-$1,057,000

Sycamore-New 5 $119,000-$535,000

Closed-10 $95,707-$485,000

West Chicago-New 5 $197,000-$278,000

Closed-18 $135,000-$535,000

Yorkville-New 14 $89,900-$465,000

Closed-9 $150,000-$365,000

Are you looking for a community that consistently has high turnover or maybe a smaller community that there is rarely a home available.

Contracts accepted this week

Contracts accepted this week were slightly lower. 334 this week compared to 345 the week before. There were more contracts accepted this week than new listings. We continue to have low inventory. This is a fantastic time to sell with little competition.

Look at the communities that sellers accepted the most contracts:

Aurora-50 Bolingbrook-25

Geneva-16 Montgomery-10

Naperville-53 Oswego-20

Plainfield-47 St Charles/Campton Hills-22

Sycamore-14 Yorkville-10

4 short sales were accepted this week by sellers. 1 each in Naperville, Plano, West Chicago & Yorkville. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 10 with a kick-out of 72 hours, 19 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. 8 with a kick-out of 72 hours and 5 with 48 hours.

2020 by the month

Month New Closed Contracts accepted

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 255 357 334

Totals 9499 7651 10336

July is the best month so far this year. You need to mainly focus on the Closed column. New listings can be misleading. Sometimes the same listing comes up as new after a period of time if it does not sell right away. Contracts accepted do not always close. Sometimes they do not make it past the home inspection and attorney review period so they might go back on the market and then get another contract. We can check on that for you.

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.

Thinking about selling your home? Request a home valuation so we can let you know what your home is worth in today’s market. We will provide you with a net proceeds that shows you the expenses to sell so you will know where you are at and what you have to work with. This will be updated when an offer comes in and we know all the terms.

Are you thinking about buying a home? You will need to talk to a loan officer first to get pre-qualified so you know what type of loan and what price range will work out best for you. Seller’s want to know that we are showing their home to someone that qualifies for their home.

Check out some great resources:

Whether you want to buy your first home, down size or buy something larger to accommodate your needs we will guide you through the process. If you need recommendations for loan officers, real estate attorneys or home inspector we will give you a few names and phone numbers to contact to see who you would like to work with.

Market update Fox Valley week 36. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley May 23 2020

Posted on May 23, 2020May 23, 2020 by Kristine Heiman, Designated Managing Broker

Market update Fox Valley May 23 2020

Market update Fox Valley May 23 2020. New listings of single family homes this week were almost identical to the week before 281 this week compared to 280 last week. We are still short on inventory though. We need more homes for the amount of buyers out there wanting to buy.

Closed listings this week were up just under 7%. 190 this week compared to 178 the week before. We are getting close to the end of the month so they are increasing. Most buyers want to close at the end of the month so they can bring less money to closing.

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

Aurora-New 31 $98,000-$724,900

Closed-19 $151,500-$553,000

Bolingbrook-New 14 $204,900-$529,900

Closed-17 $125,400-$362,500

Montgomery-New 8 $189,000-$325,000

Closed-10 $125,000-$270,000

Naperville-New 54 $264,900-$1,200,000

Closed-32 $225,000-$800,000

Oswego-New 16 $115,000-$435,900

Closed-16 $155,000-$420,000

Plainfield-New 37 $210,000-$589,900

Closed-17 $224,000-$1,035,000

Plainfield-New 15 $125,000-$429,900

Closed-2 $84,000-$138,000

St Charles/Campton Hills-

New 25 $234,900-$825,000

Closed-18 $159,000-$1,150,000

Yorkville-New 8 $249,900-$1,249,000

Closed-10 $210,000-$345,000

Contracts accepted this week

Contracts accepted this week are up 19.85%. 320 this week compared to 267 the week before. This is a great time to sell! The pandemic slowed down the market in April but this month it is going strong. We need more listings of homes. There is not enough out there to show the demand of buyers,

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

Aurora-41 Batavia-14

Bolingbrook-23 Geneva-10

Montgomery-12 Naperville-59

Oswego-19 Plainfield-42

St Charles/Campton Hills-31 Sycamore-10

3 short sales were accepted by sellers this week. 1 each in Naperville, Plano and Sugar Grove.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 13 with a kick-out clause of 72 hours, 12 with 48 hours and 8 with 24 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 6 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

2020 by the month

MonthNew Closed Contracts accepted

January 1,105 566 858

February 1,267 529 1,024

March 1,186 707 1,079

April 648 786 775

May 1,102 798 1,124

Totals 5,308 3,386 4,860

Next Saturday I will compare to the last couple of years since we will be at the end of the month. So check back with us to see how we compare.

Contact us

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

Right now the market is hot here in the Fox Valley. It is a great time to sell. Let us update the value of your home in today’s market. We will provide you with a net proceeds that shows you the expenses to sell your home. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

If you are thinking about purchasing you will need to talk to a loan officer to get pre-qualified so you know what type of loan and what price range will work out best for you. They will provide you with a letter showing what you are pre-approved for. This will go with an offer when you find the home you like.

Covid-19 and buying/selling a home

Covid-19 has changed the way we do things. Things might start to open up next month but I think we will continue to do what we have been doing since the beginning of this. We discourage in person meetings and showings. Zoom video meetings is the way we go over paperwork and then we upload the documents to have you sign through docusign. Some sellers are still allowing showings but if you do not feel comfortable letting people in your home we can do virtual showings.

Home inspectors are doing the inspection alone and then giving you the report and talking to you later. You used to be able to follow along and they would show you different things like how to maintain the home. Now they will send you a report with photos and explain everything to you.

Closings the seller will meet with their attorney and sign documents ahead of time. Buyers will go to the title company to sign. Some title companies even do curbside closings where they bring the documents out to your car to sign.

Even if we go to the next phase I think we will still keep these practices in place. We follow the CDC guidelines.

Check out some great resources:

We are here to answer all your real estate questions. Check back with us every Saturday for the market update.

Market update Fox Valley May 23 2020. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

besthomesfv@gmail.com

11 30 19 Market Update Fox Valley

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

11 30 19 Market Update Fox Valley

11 30 19 Market update Fox Valley. Market was down this week significantly. 100 this week compared 166 the week before. It was a holiday week so we really only had 3 business days so this is to be expected.

Closings this week were also down significantly. 154 this week compared 224 the week before. You can’t judge the market on this holiday week. Even REALTORS® took some time off to travel or prepare for Thanksgiving.

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

Aurora-New 17 $139,900-$340,000

Closed-30 $77,700-$550,000

Bolingbrook-New 6 $213,000-$425,000

Closed-13 $160,000-$350,000

Naperville-New 10 $300,000-$1,075,000

Closed-21 $225,000-$1,200,000

Oswego-New 7 $189,000-$545,000

Closed-11 $197,000-$313,000

Plainfield-New 11 $200,000-$414,900

Closed-21 $160,000-$512,156

St Charles/Campton Hills-

New $254,900-$675,000

Closed-12 $185,000-$900,000

Yorkville-New 11 $217,000-$575,000

Closed-3 $175,000-$249,000

Contracts accepted this week

Contracts accepted this week were also significantly down. 133 this week compared to 177 the week before. Hopefully we will get back to normal this week.

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

Aurora-15 Naperville-23

Plainfield-20 St Charles/Campton Hills-19

No short sales were accepted this week from sellers.

Sellers accepted contracts that are contingent on the buyers closing on their current home. 2 with a kick -out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

2019 by the month of activity

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 679 727 656

Total 14,992 10,102 11,790

Some of those new listings are homes that have been relisted. Not all listings that receive contracts close. Some might have an inspection issue that can’t be negotiated to resolve or something might come up on the new title search that can’t be easily resolved. You need a good REALTOR® and real estate attorney that can help get through some of these issues.

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 whether buying/selling your home.

Resources to check out:

Some lenders also help out with costs. You need to decide what helps out the most.

11 30 19 Market update Fox Valley. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 x101

besthomesfv@gmail.com

Sign up free for another great way to search for a home. Click on the satellite view. It is like hovering over the homes so you can see if there is a nice yard, corner lot or fenced in back yard. It also has a chat feature. If you need help navigating let me know.

11 23 19 Market Update Fox Valley

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

11 23 19 Market Update Fox Valley

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

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

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

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

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

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

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

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

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

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

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

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

Closed-27 $165,000-$458.000

St Charles/Campton Hills-

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

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

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

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

Contracts accepted this week

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

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

Aurora-16 Batavia-10 Bolingbrook-14

Naperville-37 Oswego-10 Plainfield-20

St Charles/Campton Hills-10 West Chicago-11

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

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

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

2019 activity by the month

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 579 573 523

Total 14,892 9,948 11,657

Contact us

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

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

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

Check out some great resources:

11 23 19 Market update Fox Valley. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

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

Fox Valley Market Update August 3 2019

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

Fox Valley Market Update August 3 2019

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

2019 new single family homes listed by the month:

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

Total-10,633

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

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

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

Total-6,591

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Contracts accepted this week

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

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

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

Total-8,369

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

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

Aurora-44 Bolingbrook-33 Montgomery-11

Naperville-43 Oswego-14 Plainfield-35

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

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

Seller’s accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 6 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Seller’s that are contingent on the Buyer selling and closing on their current home before purchasing. 6 with a kick-out clause of 72 hours and 9 with 48 hours.

Contact us

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

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

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

Check out some resources:

Fox Valley market update August 3 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

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

Fox Valley Market Update July 13 2019

Posted on July 13, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update July 13 2019

Fox Valley market update July 13 2019. Thing are picking back up again since the holiday. 407 new listings of single family homes this week compared to 287 the week before. What a difference a week makes! July is usually a slow month with everyone going on vacation. It is a good time to go on vacation right after you list your home. Your home is easier to show and you don’t have to be inconvenienced with all the showings. It might even sell while you are gone. Wouldn’t that be nice!

2019 listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June-1,643
July-694 so far

9,576 Total

Closed homes this week were slightly up. 266 this week compared to 236 the week before. They should increase and we get closer to the end of the month when most buyer’s want to close.

Closing by the month for 2019:

January-407
February-465
March-915
April-790
May-1,391
June-1,253
July-523 so far

5,744 Total

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

Aurora-New 47 $88,000-$599,900 Closed-40 $76,000-$461,500

Batavia-New 10 $239,000-$799,900 Closed-8 $214,000-$365,000

Bolingbrook-New 23 $139,900-$669,900 Closed-31 $160,000-$434,500

Geneva-New 13 $275,000-$574,900 Closed-8 $385,000-$702,000

Naperville-New 98 $299,900-$2,499,000 Closed-48 $273,000-$1,295,000

Oswego-New 20 $229,900-$450,000 Closed-25 $150,000-$837,500

Plainfield-New 46 $165,000-$1,200,000 Closed-22 $216,000-$475,000

St Charles/Campton Hills-New 35 $159,000-$849,900 Closed-21 $199,500-$768,000

Sugar Grove-New 11 $242,500-$435,000 Closed-5 $275,000-$355,000

Sycamore-New 14 $109,900-$459,000 Closed-4 $115,000-$292,400

West Chicago-New 10 $240,000-$589,900 Closed-8 $204,900-$557,000

Yorkville-New 17 $215,000-$549,900 Closed-7 $225,000-$390,000

Contracts accepted this week

Contracts accepted this week were down. 252 this week compared to 295 the week before. This should pick up with all the new listings that came on the market this week.

Look at the contracts accepted for 2019 by the month so far:

January-608
February-832
March-1,375
April-1,307
May-1,665
July-547 so far

7,552 Total

Take a look at the communities seller’s accepted the most contracts this week:

Aurora-40 Bolingbrook-25 Montgomery-10

Napervilee-33 Oswego-15 Plainfield-27

St Charles/Campton Hills-22 Yorkville-10

Short sales were slightly up this week. 4 this week compared to 2 the week before. This continues to be good news! This week there were 2 in Aurora and 1 each in Naperville and Winfield.

Contracts were accepted by seller’s that are contingent on the buyer’s closing on their current home before purchasing. 8 with a kick-out clause of 72 hours, 10 with 48 hours and 2 with 24 hours.

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

Contact us

Call us with your real estate questions at 630-503-6555. Jeffery Szymczak, Broker ext 104, Bobby Burson, Broker ext 105 or Kristine Heiman, Managing Broker ext 101. We are keeping an eye on the market. Our goal is to negotiate price and terms that are best whether buying or selling a home.

We will tell you what you need to do to get your home market ready. Explain the process. Provide you with a net proceeds that shows you the expenses to sell.

If you are thinking about purchasing you will need to get pre-qualified with a loan officer. It matters who you use. If you need recommendations of loan officers we will recommend a few so you can decide who to use. We will guide you through the process.

Resources to check out:

Fox Valley market update July 13, 2019. Have a great week!

Kristine Heiman, Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out a different way to search for a home. Sign up for free! It has a chat feature that you can reach us to let us know you want to see something or have a question. If you click on the satellite view you can see how a home sits on the property. Does it have a back yard. Is it on a corner lot. What else is for sale in the neighborhood and the prices. How far away is shopping and entertainment. Let us know what you think!

Market Update Fox Valley-March 30 2019

Posted on March 30, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 30 2019

Market update Fox Valley-March 30 2019. New listings of homes this week were consistent with last week. 351 this week compared to 359 the week before. March was very consistent throughout the month. You should be able to click on the picture above to make it bigger. If you would like me to email it to you let us know.

New listings so far this year:

January-878
February-1,032
March-1,731

There is 1 more day this month but it is a Sunday so we will add it in to next weeks totals. You can see it was a steady increase from January- March.

Closed listings of homes increased this week. Most Buyers like to close at the end of the month so that was expected.

Closed homes so far this year:

January-407
February-465
March-915

Look at the increase of closings in March! More than doubled from January and almost doubled from February. We are on the road to a good Spring market! Now is the time to sell if you want to make a move this year.

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

Aurora-New 33 $127,900-$624,900 Closed-36 $130,000-$463,000

Batavia-New 9 $195,000-$490,000 Closed-11 $150,000-$471,400

Bolingbrook-New 26 $174,000-$599,999 Closed-16 $157,100-$405,000

Geneva-New 23 $200,000-$959,000 Closed-8 $160,000-$618,500

Montgomery-New 20 $174,900-$336,900 Closed-10 $140,000-$312,900

Naperville-New 63 $249,900-$1,500,000 Closed-41 $255,000-$834,056

Oswego-New 24 $184,900-$1,550,000 Closed-9 $182,400-$343,900

Plainfield-New 39 $149,000-$1,995,000 Closed-22 $206,500-$550,000

St Charles/Campton Hills-New 33 $264,900-$2,495,000 Closed-11 $232,000-$627,240

Yorkville-New 28 $150,000-$549,000 Closed-11 $225,800-$345,900

Contracts Accepted this Week

Contracts accepted this week were consistent with last week. 297 this week compared to 304 last week. So far this year:

January-608
February-832
March-1,375

March was more than double January totals. We will see if April is double February totals.

Take a look at the communities that Sellers accepted the most contracts this week:

Aurora-43 Bolingbrook-23 Geneva-14 Montgomery-16

Naperville-49 Oswego-12 Plainfield-36 St Charles/Campton Hills-20

West Chicago-12 Yorkville-11

Short sales accepted were also consistent with last week. 3 this week compared to 4 the week before. 1 each in Aurora, Bolingbrook & Plainfield.

Sellers accepted contracts that are contingent on the closing of the Buyers current home. 3 with a kick-out Clause of 72 hours, 9 with 48 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 4 with a kick-out clause of 72 hours, 6 with 48 hours and 2 with 24 hours.

Contact us

Give a call at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

We can update the value on your home in the current market. Provide you with a net proceeds that shows you the expenses to sell. We will update this when an offer comes in and we know all the terms.

If you are thinking about buying a home you need to get pre-qualified with a loan officer first. They will give you a letter that will go with an offer when we find you a home. It states what you qualify for and what type of loan you will be going for.

Things to check out:

Market update Fox Valley-March 30 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Another Search tool – You can see a bird eye view to see where a home is within the block and what is for sale around it. Let us know which one you like better.

Market Update Fox Valley-March 23 2019

Posted on March 23, 2019March 23, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 23 2019

Market update Fox Valley-March 23 2019. New listings of homes this week were consistent with last week. 359 this week compared to 350 last week.

New listings so far this year:

January-878
February-1,032
March so far 1,380

We still have 8 days left of the month. You can see how things are progressing. Spring is here and the weather is starting to improve. If you want to sell this year now is the time to do it.

Closed listings of homes this week were slightly up. 175 this week compared to 166 last week. These numbers will increase next week because it is the last full week of the month. That is when most Buyers want to close.

Closing so far this year:

January-407
February-465
March so far-715

The numbers for March might double February totals.

Take a look at the activity this week:

Aurora-New 40 $100,000-$498,000 Closed-25 $125,000-$572,000

Batavia-New 13 $172,500-$585,000 Closed-3 $112,000-$455,000

Bolingbrook-New 24 $225,000-$475,000 Closed-17 $152,500-$442,000

Elburn-New 10 $267,900-$995,000 Closed-3 $282,000-$450,000

Geneva-New 14 $294,900-$975,000 Closed-11 $190,000-$1,000,000

Montgomery-New 17 $145,000-$314,900 Closed-10 $129,000-$269,900

Naperville-New 80 $250,000-$1,590,000 Closed-23 $270,000-$1,450,000

Oswego-New 18 $180,000-$539,000 Closed-7 $258,000-$473,404

Plainfield-New 38 $179,900-$699,990 Closed-26 $165,000-$890,000

St Charles/Campton Hills-New 34 $174,900-$1,995,000 Closed-9 $200,000-$441,000

West Chicago-New 11 $188,000-$479,900 Closed-5 $155,000-$331,000

Yorkville-New 14 $224,900-$1,049,900 Closed-9 $200,000-$455,000

Contracts Accepted this Week

Contracts accepted this week were up. 304 this week compared to 283 last week. These numbers will continue to go up if the inventory of homes continues to go up.

Take a look at the numbers so far this year:

January-608
February-832
March so far-1,078

The numbers are steadily rising.

Take a look at the communities Sellers accepted the most contracts this week:

Aurora-50 Bolingbrook-25 Geneva-10 Naperville-52 Oswego-19

Plainfield-44 St Charles/Campton Hills-20 West Chicago-13 Yorkville-13

Short Sales this week were half of what they were the week before. 4 this week compared to 9 the week before. There were 2 in Aurora and 1 each in Plainfield and Sandwich.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 11 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 6 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101. Our goal is to negotiate price and terms that are best whether you are buying or selling a home.

Let us update the value of your home in the current market and provide you with an estimate of net proceeds that shows you the expenses to sell. We will update this when an offer comes in and we know all the terms.

If you are thinking about purchasing a home your first step is to call a loan officer to get pre-qualified. If you need recommendations we can provide you with some.

Resources to check out:

Market update Fox Valley-March 23 2019. Have a great week! Let us know what questions we can answer for you.

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

A different way to search for a home. Check it out here

Market Update Fox Valley-March 16 2019

Posted on March 16, 2019March 16, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 16 2019

Market update Fox Valley-March 16 2019. Spring market is picking up steam. 350 new listings of homes this week compared to 327 last week. You can see the difference when you look at it by the month.

January-878
February-1,032
March so far-1,021

We still have 2 more weeks to go in March and we are almost to February numbers this week.

Closed homes this week were also up this week. 166 this week compared to 131 last week. January and February started out pretty slow but we are picking up now.

January-407
February-465
March so far-540

We have already passed up the totals for the first two months of the year and we are not finished with March yet.

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

Aurora-New 35 $90,000-$724,900 Closed-28 $70,000-$386,000

Bolingbrook-New 23 $169,900-$586,000 Closed-15 $118,000-$375,000

Geneva-New 12 $193,000-$2,450,000 Closed-5 $260,000-$371,500

Montgomery-New 18 $169,900-$309,990 Closed-9 $125,000-$288,619

Naperville-New 86 $319,900-2,490,000 Closed-22 $252,500-$1,155,000

Oswego-New 19 $149,900-$598,000 Closed-7 $215,786-$342,500

Plainfield-New 34 $124,900-$598,000 Closed-25 $170,000-$425,000

St Charles/Campton Hills-New 35 $219,000-$3,999,999 Closed-12 $141,000-$498,800

West Chicago-New 16 $179,000-$639,000 Closed-3 $130,000-$393,000

Yorkville-New 11 $177,000-$1,299,900 Closed-5 $215,000-$380,000

Contracts Accepted this Week

Contracts accepted were up slightly this week. 283 this week compared to 267 last week. More new listings coming on the market will increase these numbers as this month moves along. Take a look at the totals for each month so far.

January-608
February-832
March so far-774

We are not done with March yet so we will exceed the totals for the months so far.

Take a look at the communities that Sellers have accepted the most contracts this week:

Aurora-37 Bolingbrook-17 Geneva-18 Naperville-47

Oswego-15 Plainfield-37 St Charles/Campton Hills-17 Sycamore-12

West Chicago-11 Yorkville-11

Short sales this week were similar to the week before. 9 this week compared to 8 last week. 4 were in Naperville this week, 2 in Aurora and 1 each in Bolingbrook, Plano and Yorkville.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 9 with a kick-out clause of 72 hours, 6 with 24 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that the Buyer still has to sell their current home and close before purchasing. 3 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Give us a call at 630-503-6555 with all of your real estate questions. Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker. Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

If you are thinking about selling this year now is the time to get it on the market. Spring market is the best time to sell. We can update the value of your home in the current market. Provide you with a net proceeds so you can see the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying? Your first step is to contact a loan officer and find out what price range and type of loan will workout best for you. They will provide you with a letter that we need to put with an offer to show the Seller that you qualify for their home.

Check out some resources:

Market update Fox Valley-March 16 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

New search tool here. You can see where a home is located within a block or subdivision. A birds eye view.