Fox Valley home prices March 30th

Posted on March 30, 2024March 30, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices March 30th

Fox Valley home prices March 30th. Cloudy and 61 right now. It is going to go from mid 40’s to upper 60’s in the next couple of weeks. Rain the next few days.

New listing this week are down. 125 this week compared to 171 the previous week.

Closed listings are up. 209 this week compared to 137 the previous week.

Aurora-New 9 $220,000-$450,000

Closed-20 $178,500-$866,590

Elburn-New 4 $427,500-$496,515

Closed-11 $168,000-$597,000

Elgin-New 24 $159,900-$649,900

Closed-27 $129,000-$750,000

Montgomery-New 3 $270,000-$449,900

Closed-10 $235,000-$420,000

Naperville-New 21 $489,900-$1,399,900

Closed-15 $426,000-$1,200,000

Plainfield-New 16 $279,900-$812,104

Closed-25 $270,000-$900,000

South Elgin-New 3 $400,000-$584,990

Closed-10 $320,000-$600,000

St Charles-New 5 $325,000-$825,000

Closed-13 $252,000-$1,475,000

Yorkville-New 5 $415,000-$499,900

Closed-11 $305,000-$560,801

This is the list of communities with most activity and their price ranges. Look at photo above for other communities and their price ranges.

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

Median list price this week $435,000, last week $479,450.

Closed median price this week $415,000, last week $449,900

Stats 033024 — Stats for week ending March 30th

Conventional financing was used to close on 154 homes this week at median price $442,455 with 46 days average market time, last week 99 homes at median price $449,990 with 33 days average market time.

Conv 033024 — Conventional financing used to close for week ending March 30th

Cash was used to close on 30 homes this week at median price $369,950 with 61 days average market time, last week 24 homes at median price $532,495 with 36 days average market time.

Cash 033024 — Cash used to close for week ending March 30th

FHA financing was used to close on 17 homes this week at median price $370,000 with 62 days average market time, last week 11 homes at median price $419,999 with 71 days average market time.

FHA 033024 — FHA financing used to close for week ending March 30th

VA financing was used to close on 6 homes this week at median price $463,650 with 81 days average market time, last week 1 home at $630,000 with 5 days average market time.

VA 033024 — VA financing used to close for week ending for March 30th

2,000 SF or more closed on 127 homes this week at median price $499,886 with 59 days average market time, last week 91 homes at median price $525,000 with 43 days average market time. Minimum price this week $198,000, last week $240,000.

2000 SF or more 033024 — 2,000 SF or more closed for week ending March 30th

It used to be the loan officers automatically did a FHA approval for buyers. It allows buyers to qualify for more and their credit score can be lower. Now you better get qualified for Conventional if you do not have cash if you want to win the bid on the house you like.

March

Conventional Cash FHA VA

554 120 62 20

Under contract this week

Homes that went under contract are consistent. 213 this week compared to 215 the previous week.

Aurora-24 Batavia-11

Bolingbrook-18 Elgin-23

Naperville-20 Oswego-18

Plainfield-27 St Charles-14

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

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

Median price of homes that went under contract this week $449,900 with 32 days average market time, last week $450,000 with 33 days average market time.

Under contract stats 033024 — Under contract stats for week ending March 30th

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

Totals 1887 1551 2082

2023

January 483 326 470

February 630 526 789

March 555 558 726

Totals 1668 1410 1985

2022

January 422 492 623

February 523 520 724

March 734 904 890

Totals 1679 1916 2237

New listings are up this year, but closings are down. Do you think prices are the issue?

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

Contact us

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

Information you might want to check out. Click on anything that is bold and underlined.

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

Fox Valley home prices March 30th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 17th

Posted on June 17, 2023June 17, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices June 17th

Fox Valley home prices June 17th. The next couple of weeks will be in the 80’s during the day and mid 60’s at night. No rain in sight.

New listings this week are slightly down. 199 this week compared to 212 the previous week.

Closed listings are up. 229 this week compared to 171 the previous week.

Aurora-New 21 $180,000-$689,000

Closed-20 $175,000-$780,000

Bolingbrook-New 11 $300,000-$899,900

Closed-13 $211,000-$740,000

Geneva-New 9 $275,000-$3,500,000

Closed-12 $285,000-$580,000

Montgomery-New 10 $200,000-$474,900

Closed-6 $230,000-$410,000

Naperville-New 43 $275,000-$2,200,000

Closed-53 $255,000-$2,200,000

Oswego-New 7 $375,000-$480,000

Closed-11 $390,000-$900,000

Plainfield-New 21 $189,000-$1,875,000

Closed-24 $285,000-$640,000

St Charles-New 14 $272,108-$1,075,000

Closed-20 $220,000-$815,000

Yorkville-New 12 $289,900-$975,000

Closed-10 $262,000-$590,000

These are the 9 communities out of 28 that had the most activity this week. To see the other communities click on the photo above. If you are having a hard time reading it I can email it to you. Send email to besthomesfv@gmail.com.

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

Median list price this week $448,542, last week $449,900.

Closed median price this week $450,000, last week $445,000.

Stats 061723 — Stats for week ending June 17th

Conventional financing was used to close on 169 homes this week at median price $458,000 with 21 days average market time, last week 132 homes at median price $452,500 with 22 days average market time.

Conv 061723 — Conventional financing used to close for week ending June 17th

Cash was used to close on 34 homes this week at median price $509,250 with 24 days average market time, last week 26 homes at median price $448,500 with 34 days average market time.

Cash 061723 — Cash used to close for week ending June 17th

FHA financing was used to close on 17 homes this week at median price $350,000 with 31 days average market time, last week 6 homes at median price $349,990 with 7 days average market time.

FHA 061723 — FHA financing used to close for week ending June 17th

VA financing was used to close on 7 homes this week at median price $495,000 with 14 days average market time, last week 6 homes at median price $416,225 with 25 days average market time.

VA 061723 — VA financing was used to close for week ending June 17th

2,000 square feet or more closed on 160 homes at median price $520,000 with 25 days average market time, last week 105 homes at median price $523,000 with 24 days average market time. Minimum price this week $238,000, last week $247,500.

2000 SF or more 061723 — 2,000 SF or more closed for week ending June 17th

Almost 74% of homes closed this week used Conventional financing. Cash was used twice as many times as FHA financing.

Under contract this week

Homes that went under contract this week are slightly up. 198 this week compared to 188 the previous week.

Aurora-28 Bolingbrook-12

Naperville-45 Plainfield-29

St Charles-16

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

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

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

Median price of homes that went under contract this week $449,450 with 36 days average market time, last week $425,000 with 33 days average market time.

Under contract 061723 — Under contract stats for week ending June 17th

2023 by the month

Month New Closed Under contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 642 637 542

Totals 3755 3267 4098

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

Resources

Click on each bullet point and anything that is bold and underlined to take you to the site for the information.

Request a home valuation so you have an idea of what your home is worth in today’s market and what you might walk away with.

Sign-up for Email alerts so you will be notified when a home with your criteria comes on the market.

Search for a home anywhere in Illinois anytime.

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.

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 19th

Posted on November 19, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 19th

Fox Valley home prices November 19th. We have had snow flurries the last few days here in the Fox Valley area of Illinois. Nothing that sticks though. Today should be the coldest day and then temperatures will go up and should be 52° by Thanksgiving Day.

We will highlight the communities with the most activity for new and closed prices, financing used, median prices, contracts accepted this week, and 2022 by the month.

New listings this week were pretty consistent. 126 this week compared to 122 the previous week.

Closed listings were up. 176 this week compared to 117 the previous week.

Aurora-New 19 $167,500-$589,000

Closed-25 $125,000-$530,000

Bolingbrook-New 9 $249,900-$550,000

Closed-16 $210,000-$816,929

Geneva-New 3 $310,000-$355,000

Closed-13 $270,000-$740,000

Naperville-New 25 $317,999-$1,699,900

Closed-23 $301,000-$981,000

Plainfield-New 17 $214,900-$646,549

Closed-25 $200,000-$1,232,271

St Charles-New 7 $225,000-$525,000

Closed-11 $370,000-$965,000

Take a look at the photo above for activity in other communities this week.

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

Median list price this week $392,449, last week $375,000

Closed median price this week $401,500, last week $358,000

Stats 111922 — Stats for week ending November 19th

Conventional financing was used to close 128 homes at median price $415,750 with 40 days average market time, last week 76 homes at median price $375,806 with 40 days average market time.

Conv 111922 — Conventional financing used to close for week ending November 19th

Cash was used to close on 26 homes this week at median price $415,500 with 28 days average market time, last week 17 homes at median price $345,000 with 97 days average market time.

Cash 111922 — Cash used to close for week ending November 19th

FHA financing was used to close 16 homes this week at median price $296,250 with 29 days average market time, last week 18 homes at median price $305,955 with 41 das average market time.

FHA 111922 — FHA financing used to close for week ending November 19th

VA financing was used to close on 6 homes this week at median price $359,949 with 27 days average market time, last week 3 homes at median price $385,000 with 5 days average market time.

VA 111922 — VA financing used to close for week ending November 19th

2,000 square feet or more closed on 108 homes this week at median price $484,750 with 38 days average market time, last week 66 homes at median price $459,995 with 48 days average market time. Minimum price this week for a 2,000 SF or more was $280,000, last week $235,000.

2000 SF or more 111922 — 2,000 SF or more closed for week ending November 19th

Conventional financing continues to be the financing most seller’s are looking for and buyer’s are using.

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 730 733 698

October 699 612 646

November 389 475 380

Totals 9035 9070 9305

New listings are getting lower and they are selling. If you need to sell it is still a good time.

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 see how this year is going.

Resources

Click on everything that is bold and underlined. It will take you to the site for the information. We try to share the information that you might be looking for. If there is other information that is not listed here let us know and we will 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 and other things. They will explain it to you.

Now is a good time to check into down payment assistance and IHDA programs.

Connect with us onFacebook you can also search for a home there by clicking on “shop now.”

All data provided today is from our Multiple listing service, MRED, LLC. It changes continuously throughout the day as agents upload their information of new listings, price changes, contract accepted or back on the market.

Contact us

Call us at 630-503-6555. Your goal is our goal.

Fox Valley home prices November 19th. Have a Happy Thanksgiving!

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 October 15th

Posted on October 15, 2022October 15, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 15th

Fox Valley home prices October 15th. Changes are happening here in the Fox Valley area of Illinois. Trees are changes colors and are gorgeous. Temperatures are starting to lower. It is starting to get dark earlier.

You will see the prices in the different communities for new listings and closed. Financing most used, median prices and contracts accepted this week. You will also see 2022 by the month so you can see how this year is going.

New listings this week are down. 173 this week compared to 200 the previous week.

Closed listings were also down. 132 this week compared to 182 the previous week.

Aurora-New 26 $190,000-$600,000

Closed-19 $185,000-$630,211

Bolingbrook-New 10 $310,000-$499,900

Closed-9 $220,000-$365,000

Naperville-New 30 $292,900-$2,399,000

Closed-15 $329,000-$1,144,250

Oswego-New 13 $268,000-$1,975,000

Closed-7 $295,000-$1,230,000

Plainfield-New 18 $310,000-$650,000

Closed-13 $250,000-$597,085

St Charles-New 8 $309,900-$1,185,000

Closed-12 $240,000-$1,300,000

Other communities had activity this week. We just highlighted the ones with the most activity. You can click on the photo above to see the other communities.

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

Median list price this week $383,585, last week $400,000.

Closed median price this week $361,000, last week $390,000.

Stats 101522 — Stats for new and closed listings for week ending October 15th

Conventional financing was used to close on 85 homes at a median price $405,000 with 31 days average market time, last week 122 homes at median price $397,500 with 32 days average market time.

Conv 101522 — Conventional financing used to close for week ending October 15th

Cash was used to close on 11 homes this week with a median price $390,000 with 26 days average market time, last week 29 homes at median price $425,000 with 29 days average market time.

Cash 101522 — Cash used to close for week ending October 15th

FHA financing was used to close on 22 homes this week at median price $305,000 with 20 days average market time, last week 21 homes at median price $290,000 with 34 days average market time.

FHA 101522 — FHA financing used to close for week ending October 15th

VA financing was used to close on 13 homes this week at median price $357,000 with 38 days average market time, last week 10 homes at median price $442,500 with 36 days average market time.

VA 101522 — VA financing used to close for week ending October 15th

2,000 square foot or more homes closed on 74 this week with a median price $472,500 with 35 days average market time, last week 108 homes at median price $491,000 with 36 days average market time. Minimum price this week $265,000, last week $179,900.

2000 SF or more 101522 — 2,000 SF or more homes closed for he week ending October 15th

Contracts accepted this week

Contracts accepted this week were slightly down. 160 this week compared to 170 the previous week.

Aurora-20 Bolingbrook-10

Naperville-16 Plainfield-22

St Charles-17

No short sales received contracts this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 7 with 48 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out of 24 hours.

Median price of homes that went under contract this week $350,000 with 44 days average market time, last week median price $377,450 with 47 days average market time.

Contingent Stats 101522 — Contingent stats for week ending October 15th

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 730 733 698

October 373 314 330

Totals 8320 8297 8609

Most of the activity was between April and August. At the end of the month we will also show you 2021 and 2020 by the month so you can compare it to this year.

Resources

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

Check with your loan officer to see what interest rate you will offered. It depends on your credit score and a few other things that they will discuss with you.

You can find us on Facebook and also search for homes there by clicking on the “shop now” button. There is a drop down arrow that lets you choose your criteria.

All data provided is from our MLS, MRED, LLC. The data changes constantly 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 15th. 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 May 7

Posted on May 7, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 7

Fox Valley home prices May 7. New listings of single family homes are up. 255 this week compared to 232 the previous week. A great way to start the month!

Closed listings of single family homes were also up. 241 this week compared to 217 the previous week.

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

Aurora-New 40 $85,900-$625,000

Closed-31 $135,500-$650,000

Bolingbrook-New 17 $254,900-$694,999

Closed-16 $225,000-$695,000

Geneva-New 13 $235,000-$1,299,000

Closed-11 $255,000-$875,000

Naperville-New 43 $350,000-$2,200,000

Closed-52 $300,000-$1,675,000

Oswego-New 14 $315,000-$530,000

Closed-17 $275,000-$750,000

Plainfield-New 26 $280,000-$599,900

Closed-26 $295,000-$670,000

St Charles-New 27 $214,028-$1,799,000

Closed-22 $250,000-$1,085,000

Yorkville-New 15 $229,900-$995,000

Closed-9 $300,000-$699,900

Other communities had activity this week. Please look at the photo above to see the home prices in those communities. You just might find home prices that are more appealing.

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

Median list price this week in the Fox Valley area of Illinois is $414,450, last week $399,900

Closed median price on single family homes this week $400,000, last week $393,717.

Stats 050722 — Stats for week ending May 7

Conventional financing was used to close on 178 homes at median price of $425750 with 24 days average market time, last week 170 homes at median price of $415,500 with 27 days average market time.

Conv 050722 — Conventional financing used for week ending May 7

Cash was used to close on 32 homes this week with a median price of $390,500 and 18 days average market time, last week 27 homes at median price of $370,000 with 27 days average market time.

CAsh 050722 — Cash used to close for week ending May 7

FHA financing was used to close on 25 homes this week with a medium price of $255,000 with 24 days average market time, last week 16 homes at median price of $307,500 with 27 days average market time.

FHA 050722 — FHA financing used to close for week ending May 7

VA financing was used to close on 5 homes with a median price of $590,000 with 18 days average market time, last week 4 homes at median price of $332,500 with 6 days average market time.

VA 050722 — VA financing used to close for week ending May 7

2,000 square feet or more closed on 144 homes with a median price of $496,250 with 31 days average market time, last week 140 homes with a median price of $473,142 with 20 days average market time. Minimum price this week on a 2,000 SF home was $200,000, last week $258,000.

2000 SF or more 050722 — 2,000 SF homes closed for week ending May 7

Contracts accepted this week

Contracts accepted this week on single family homes were down. 272 this week compared to 325 the previous week.

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

Aurora-39 Bolingbrook-27

Geneva-11 Naperville-49

Oswego-19 Plainfield-29

St Charles-15

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 48 hours, and 2 with 24 hours.

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

Median price this week for homes that went under contract was $$399,900 with 22 days average market time, last week median price was $405,000 with 20 days average market time.

Contingent Stats 050722 — Contingent stats for week ending May 7

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 255 241 272

Totals 3102 3123 3843

Check back with us every Saturday for the real estate market update here in 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 this year is going compared to the previous 2 years.

May will need to increase the numbers for new listings if it is going to reach April numbers.

Resources

Click on anything that is in bold letters an underlined and it will take you to the site for the information. If there is information not listed here that you are looking for just let us know and we will 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. They will help you if you need to bring up your score.

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 are thinking about buying a home this year you need to contact a loan officer and get them all your financial information. You need to go through the underwriting process so you know what you are approved for before starting to look at homes. You will be at a disadvantage if you do not go through this process. Homes are going under contract quickly and seller’s are looking for a buyer that is ready to go without having to wait to see if you qualify.

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 provide you with a net proceeds that shows you and estimate of expenses to sell. When an offer comes in and we know all the terms we will update the net proceeds so you can make a good decision.

You can sign-up for email alerts to keep an eye on the market.

If you use Facebook you can go to our business page and look for the button “shop now” and search anywhere in Illinois.

You can also contact us and we can set you up to receive listings in real time as soon as they hit the market. Let us know what areas you are looking at. How many bedrooms and other criteria that is important to you.

All data provided today is from our MLS system. MRED, LLC. It updates constantly so the information I downloaded this morning is not the same as it is right now.

Fox Valley home prices May 7. Have an awesome week! The temperatures should increase as the week goes forward.

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 30

Posted on April 30, 2022April 30, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 30

Fox Valley home prices April 30. New listings of single family homes are down. 232 this week compared to 302 the previous week. This is not heading in the right direction. We need to keep increasing the amount of homes listed to keep up with the demand.

Closed listings this week are slightly up. 217 this week compared to 198 the previous week. Most buyers want to close at the end of the month.

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

Aurora-New 29 $129,000-$925,000

Closed-27 $135,000-$550,000

Bolingbrook-New 20 $275,000-$525,000

Closed-15 $191,500-$510,000

Geneva-New 12 $239,500-$799,900

Closed-11 $260,000-$810,344

Naperville-New 50 $285,000-$1,525,000

Closed-41 $286,500-$1,450,000

Oswego-New 16 $160,000-$650,000

Closed-9 $224,000-$705,558

Plainfield-New 24 $199,000-$659,900

Closed-34 $215,000-$970,000

St Charles-New 18 $274,900-$838,000

Closed-16 $270,000-$1,350,000

Yorkville-New 7 $255,000-$499,900

Closed-12 $220,000-$475,000

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

Median list price this week $399,900, last week $410,000.

Closed median price this week $393,717, last week $389,000

Stats 043022 — Median listed and closed Stats for week ending April 30

Conventional financing was used to close on 170 homes this week at a median price of $415,500 in 20 days average market time, last week 152 homes closed at median price of $395,000 with 27 days average market time.

Conv 043022 — Conventional financing used for week ending April 30

Buyers used cash to close on 27 single family homes with a median price of $370,000 and 29 days average market time, last week buyers closed on 23 homes with a median price of $470,000 and 12 days average market time.

Cash 043022 — Cash used to close for week ending April 30

FHA financing was used to close on 16 homes with a median price of $307,500 and 27 days average market days, last week also 16 homes at median price of $287,500 and 12 days average market time.

FHA 043022 — FHA financing used to close for week ending April 30

VA financing was used to close on 4 homes with a median price of $332,500 and 6 days average market time, last week 6 homes with a median price of $258,500 and 41 days average market time.

VA 043022 — VA financing used to close for week ending April 30

2,000 square feet or more homes closed on 140 single family homes with a median price of $473,142 and 20 days average market time, last week 116 homes with a median price of $473,750 and 33 days average market time. Minimum price this week for a home that is at least 2,000 SF or more closed at $258,000, last week $191,000.

2000 SF or more 043022 — Homes that are at least 2,000 SF or more closed for week ending April 30

Contracts accepted this week

Contracts accepted this week were up. 325 this week compared to 245 the previous week.

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

Aurora-41 Bolingbrook-27

Naperville-66 North Aurora-12

Oswego-17 Plainfield-40

St Charles-24 Winfield-11

Yorkville-13

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

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 10 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. 3 with a kick-out clause of 48 hours.

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 734 904 966

April 1168 966 1334

Totals 2847 2882 3571

2021

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 926 1387

Totals 3103 3278 4449

2020

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

Totals 4206 2588 3736

2020 had the most new listings with the least amount of closed. This year we have the least amount of new listings and we are coning in 2nd for closed listings out of the 3 years.

New listings are steadily increasing this year, but not fast enough for the amount of buyers that are looking.

Resources

Click on anything that is underlined to take you to the site to get the information. If there is any other information that you are looking for just let us know.

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

Get the loan officer all your financial information so they can run you through underwriting so you are ready to go. When you find a house all you will need to do is home inspection/attorney review, and then you will be ready to order the appraisal. Just talking to them over the phone and giving them your information isn’t good enough anymore. You need to take this extra step to get ready before looking for homes.

Request a home valuation if you are thinking about selling your home. Let us know about your home and what has recently been updated. We will provide you with a net proceeds that shows you an estimate of the expenses to sell. When an offer comes in we will update this when we know all the terms.

You can sign-up for email alerts and get listings as they hit the market so you will not miss out on a thing.

If you are on facebook you can go to my business page and click on “shop now” and search anywhere in Illinois. You can even see what has sold.

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 names of home inspectors or real estate attorneys we can provide you with a few that we have successfully worked with.

All data provided is from our MLS. MRED, LLC. It changes constantly throughout the day as agents update their information with new listings and status changes.

Fox Valley home prices April 30. 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

Posted on April 23, 2022 by Kristine Heiman, Designated Managing Broker

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.

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.

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!

Fox Valley home prices February 19 2022

Posted on February 19, 2022 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 19 2022

Fox Valley home prices February 19 2022. Winter months are usually the slowest time of the year. Hang in there a couple more weeks. Spring market is right around the corner.

The market picked up 27 more listings of single family homes this week than the previous week. 137 this week compared to 110 the week before.

Closed listings saw a small increase as well. 121 this week compared to 107 the previous week.

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

Aurora-New 22 $134,900-$649,900

Closed-18 $104,000-$655,000

Bolingbrook-New 7 $189,000-$519,000

Closed-10 $267,900-$425,000

Naperville-New 23 $305,000-$2,995,000

Closed-20 $320,000-$1,200,000

Oswego-New 11 $250,000-$437,740

Closed-5 $330,200-$416,990

Plainfield-New 15 $129,900-$805,900

Closed-14 $185,000-$859,000

St Charles-New 12 $340,000-$1,200,435

Closed-9 $175,000-$831,000

Other communities had activity that you can check out on the photo above. We can also set you up to receive listings of homes in an area that you choose. Let us know what you are looking for and where and we can set you up to receive as they hit the market so you don’t miss out on a thing.

Financing used, median prices and 2,000 square feet or more

The median list price this week of single family homes was $375,500, last week $345,000.

Homes that closed this week had a median closed price of $374,355. last week $341,000.

Conventional financing was used to close on 88 homes with a median price of $397,262, last week 73 homes with median price of $387,000.

Cash was used to close on 15 homes this week with a median price of $477,500, last week also 15 homes with a median price of $284,500.

FHA financing was used to close on 11 homes with a median price of $258,000, last week 16 homes at a median price of $262,500.

VA financing was used to close on 7 homes at a median price of $330,000, last week 3 homes at a median price of $290,000.

72 homes closed that were 2,000 SF or more this week with a median price of $452,500, last week 58 homes at a median price of $422,495. The minimum price this week $279,900, last week $152,000.

Contracts accepted this week

Contracts accepted this week were slightly up. 187 this week compared to 176 the previous week. Until more homes come on the market the numbers are not going to move very much.

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

Aurora-26 Bolingbrook-14

Montgomery-10 Naperville-31

Plainfield-30

No short sales were accepted this week.

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

The median price of homes that went under contract this week was $369,900 with average market time of 42 days. Last week the median price was $379,900 with average market time of 40 days.

Stats Contracts accepted February 19 2022

2022 by the month

Month New Closed Contracts accepted

January 422 492 623

February 360 392 533

Check back with us every Saturday. Next week will be the last full week of February so we will also include 2021 and 2020 so you can see how this year is going compared to those 2 years.

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.

It is an awesome time to sell! Prices are up since there is so little inventory of homes. Request a home valuation and tell us a little bit about your home. What have you updated recently? We will give you a estimate of what your home would sell for in today’s market. Included will be a net proceeds that shows you an estimate of expenses to sell and what you might walk away with. 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 this year? Get all your financial information together and get it to a loan officer so they can give you a letter showing what you are pre approved for. Make sure you find a loan officer that will run your information through with their underwriters so you are ready to go. Once you find a home and get it accepted all you need to wait for is updating the title and getting the appraiser out there.

We will guide you through the process every step of the way.

Resources

Types of loans and the process

VA loans and the process

Current interest rates

Down payment assistance

IHDA programs

Check with your loan officer to see what interest rates they are offering you. It depends on your credit score. If you need to work on it they will help you.

All data provided is from our MLS MRED, LLC.

Fox Valley home prices February 19 2022. 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 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!

Fox Valley home prices December 25 2021

Posted on December 25, 2021December 25, 2021 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices December 25 2021

Fox Valley home prices December 25 2021. Merry Christmas! New listings of single family homes are way down. 43 this week compared to the previous week 84. When it gets close to the holidays it slows down.

Closed listings are down, but not that much. 186 this week compared to the previous week 230. Next week is the last week of the year.

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

Aurora-New 7 $170.000-$899,000

Closed-28 $135,500-$718,000

Bolingbrook-New 5 $215,000-$450,000

Closed-19 $230,000-$531,000

Naperville-New 3 $325,000-$484,900

Closed-25 $298,000-$1,555,000

Oswego-New 1 $349,000

Closed-12 $230,000-$570,170

Plainfield-New 5 $290,000-$740,000

Closed-20 $197,500-$560,000

Yorkville-New 8 $265,000-$600,000

Closed-11 $235,000-$450,000

Financing, median prices and 2,000 square feet or more.

The median list price of single family homes this week was $339,000, last week $349,900.

Closed single family homes median price was $335,500, last week $357,500.

138 of the 186 homes closed using Conventional financing this week with a median price of $350,000, last week 164 at $380,000.

Cash was used to closed 11 homes this week with a median price of $291,500, last week 30 at $332,500.

FHA financing was used to close 28 at a median price of $256,500, last week 23 at $279,000.

VA financing was used to close 7 homes with a median price of $361,000, last week 13 at $375,000

Homes that were 2,000 square feet or more closed 99 with a median price of $412,500, last week 143 closed with median price of $420,000. Minimum price was $239,000, last week $233,500.

Contracts accepted this week.

Contracts accepted this week on single family homes was down. 120 this week compared 143 the previous week.

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

Aurora-15 Naperville-19

Plainfield-21

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, 2 with 48 hours, and 1 with 24 hours.

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

2021 by the month

Month New Closed Contracts accepted

January 543 649 829

February 561 604 778

March 993 1099 1455

April 1006 629 1387

May 1088 1288 1289

June 1450 1686 1671

July 1118 1182 1210

August 1109 1203 1170

September 1083 1411 1251

October 715 973 930

November 557 854 931

December 307 870 551

Totals 10530 12448 13452

Next week is the last week of the year. We will compare to 2020 and 2019 so you can see how this year did compared to the previous 2 years. You will see more closed homes this year than the previous 2 years even with such low inventory.

Buyers are still out there looking for homes to come on the market. So many of them lost out to multiple offer situations.

2022 looks to be more of the same. There is a shortage of homes across the nation. Until more homes are built or converted we will see prices increase.

Check back with us every Saturday for the real estate market update.

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 are thinking about buying a home you need to get pre approved with a loan officer. Get all your financial information together and get it to them so they can get your pre approved. In this market you have to be ready. If you have already gone through this make sure it is up-to-date. The pre approval letter needs to be 30 days or less.

Request a home valuation if you are thinking about selling. Tellus about your home and what has been recently updated. We will let you know what your home is worth in today’s market and give you and estimate of expenses to sell. The net proceeds will be updated when an offer comes in and we know all the terms.

Resources:

Check with your loan officer for the rates you will get based on your credit score. If you need to improve your credit score they can help you with that. They also might offer some assistance but you need to ask.

If you are on Facebook you can go to our page and click on the “shop now” button and search for homes there.

All data used is from our MLS MRED, LLC.

Fox Valley home prices December 25 2021. Merry Christmas! Have a great 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 homes today!