Fox Valley home prices August 10th

Posted on August 10, 2024August 10, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices August 10th

Fox Valley home prices August 10th. Mid 70’s to low 80’s for the next week. Perfect summer weather!

New listings this week are up. 260 this week compared to to 238 the previous week.

Closed listings are down. 197 this week compared to 296 the previous week.

Aurora-New 31 $209,900-$728,900

Closed-16 $170,000-$780,661

Bolingbrook-New 22 $299,999-$750,000

Closed-8 $300,000-$685,000

Elgin-New 25 $200,000-$769,000

Closed-21 $200,000-$750,000

Naperville-New 39 $379,900-$1,525,000

Closed-34 $332,000-$1,825,000

Oswego-New 12 $295,000-$579,900

Closed-15 $325,000-$775,000

Plainfield-New 35 $300,000-$1,085,000

Closed-31 $240,000-$670,000

St Charles-New 18 $289,000-$1,389,400

Closed-13 $175.000-$1,050,000

These are the communities with the most activity this week. You might want to look at other communities in photo above and find a community with price ranges that you are looking for.

If you are looking for lower taxes you might want to go out a little farther. Lower taxes means less services usually so if that does not matter then you might want to make your search area bigger.

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

Median list price this week $475,000, last week $452,500.

Closed median price this week $476,000, last week $459,900

Stats 081024 — Stats for week ending August 10th

Conventional financing was used to close on 140 homes this week at median price $487,950 with 23 days average market time, last week 223 homes at median price $490,000 with 23 days average market time.

Conv 081024 — Conventional financing used to close for week ending August 10th

Cash was used to close on 32 homes this week at median price $439,750 with 17 days average market time, last week 46 homes at median price $422,500 with 20 days average market time.

Cash 081024 — Cash used to close for week ending August 10th

FHA financing was used to close on 15 homes this week at median price $425,000 with 40 days average market time, last week 21 homes at median price $379,990 with 38 days average market time.

FHA 081024 — FHA financing used to close for week ending August 10th

VA financing was used to close on 10 homes this week at median price $387,500 with 19 days average market time, last week 5 homes at median price $480,990 with 13 days average market time.

VA 081024 — VA financing used to close for week ending August 10th

2,000 SF or more closed on 122 homes at median price $552,500 with 28 days average market time, last week 181 homes at median price $550,000 with 28 days average market time. Minimum price this week $251,000, last week $280,000.

2000 SF or more 081024 — 2,000 SF or more closed for week ending August 10th

Only 7.6% of people used FHA financing this week. You might be able to afford more using FHA but if you can’t get your offer accepted it does not help.

Under contract this week

Homes that went under contract this week are down. 200 this week compared to 244 the previous week.

Aurora-33 Bolingbrook-17

Elgin-21 Naperville-26

Oswego-11 Plainfield-22

2 short sales were accepted by seller’s this week. 1 each in Montgomery and Warrenville. Now they will be submitted to the lender to see if they will also accept.

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

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

Under contract median price this week $419,950 with 29 days average market time, last week $419,900 with 42 days average market time.

Under contract stats 081024 — Under contract stats for week ending August 10th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 260 197 200

Totals 6206 5394 6170

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 also take a look back at 2023 and 2022.

Contact us

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

Here is some great information for you. Please click on everything that is bold and underlined to take you to the site for the information.

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

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

Fox Valley home prices August 10th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices August 3rd

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

Fox Valley home prices August 3rd

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 080324 — Stats for week ending August 3rd

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-33 Bolingbrook-17

Elgin-23 Naperville-35

Oswego-11 Plainfield-25

St Charles-17

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

Seller’s accepted contracts that are contingent on the buyer closing on their current homes. 3 with a kick-out clause of 72 hours, 5 with 48 hours, and 2 with 24 hours.

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

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

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

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

Totals 5946 5197 5970

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 906

July 765 745 805

Totals 4908 4434 5267

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

Totals 6198 6116 6519

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

Contact us

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

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

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

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

Fox Valley home prices August 3rd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices June 29th

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

Fox Valley home price June 29th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 062924 — Stats for week ending June 29th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-26 Bolingbrook-14

Elgin-30 Geneva-11

Naperville-37 Plainfield-33

St Charles-12

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

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

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

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

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

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

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

Totals 4773 4147 4876

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

Totals 4143 3689 4482

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

Totals 5243 5184 5611

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

Contact us

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

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

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 25th

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

Fox Valley home prices May 25th

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Stats 052524 — Stats for week ending May 25th

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

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

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

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

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

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

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

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

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

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

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

Under contract this week

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

Aurora-25 Bolingbrook-11

Elgin-28 Naperville-34

Oswego-11 Plainfield-20

St Charles-13

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

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

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

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

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

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

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 858 809 881

Totals 3545 3048 3764

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

Contact us

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

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

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

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

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 19th

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

Fox Valley home prices May 19th

Fox Valley home prices May 19th. We are a day late this week. I was out of town. Boy, the heat is on. It sure was a hot weekend. We should head back to the 70’s after Tuesday.

New listings are up. 255 this week compared to 205 the previous week.

Closed listings are also up. 207 this week compared to 163 the previous week.

Aurora-New 22 $190,000-$899,000

Closed-26 $160,500-$551,111

Batavia-New 17 $315,000-$760,000

Closed-6 $305,000-$630,000

Bolingbrook-New 12 $229,900-$649,900

Closed-12 $195,000-$665,000

Elgin-New 23 $79,900-$699,900

Closed-22 $170,000-$800,000

Naperville-New 40 $325,000-$4,345,000

Closed-33 $395,000-$1,499,000

Oswego-New 10 $350,000-$565,000

Closed-18 $299,000-$586,398

Plainfield-New 32 $325,000-$730,000

Closed-24 $291,000-$1,042,212

South Elgin-New 11 $249,000-$659,340

Closed-6 $405,000-$550,730

St Charles-New 18 $315,000-$1,275,000

Closed-10 $295,000-$1,025,000

West Chicago-New 10 $185,000-$1,475,000

Closed-3 $355,000-$661,000

Yorkville-New 16 $304,900-$1,490,000

Closed-7 $290,000-$445,000

Other communities had activity this week. You can see those in the picture above. We just highlighted the ones with the most activity.

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

Median list price this week $462,945, last week $474,950.

Closed median price this week $428,000, last week $434,900.

Stats 051924 — Stats for week ending May 19th

Conventional financing was used to close on 149 homes this week at median price $439,900 with 31 days average market time, last week 128 homes at median price $469,995 with 29 days average market time.

Conv 051924 — Conventional financing used to close for week ending May 19th

Cash was used to close on 36 homes this week at median price $475,000 with 43 days average market time, last week 19 homes at median price $409,000 with 13 days average market time.

Cash 051924 — Cash used to close for week ending May 19th

FHA financing was used to close on 14 homes this week at median price $343,445 with 10 days average market time, last week 11 homes at median price $332,000 with 28 days average market time.

FHA 051924 — FHA financing used to close for week ending May 19th

VA financing was used to close on 8 homes this week at median price $406,750 with 14 days average market time, last week 5 homes at median price $379,990 with 15 days average market time.

VA 051924 — VA financing used to close for week ending May 19th

2,000 SF or more closed on 122 homes this week at median price $527,500 with 35 days average market time, last week 89 homes at median price $529,900 with 37 days average market time. Minimum price this week $305,000, last week $270,000.

2000 SF or more 051924 — 2,000 SF or more closed for week ending May 19th

Conventional financing is still the way to go.

Under contract this week

Homes under contract this week are up slightly. 229 this week compared to 211 this week.

Aurora-26 Bolingbrook-17

Elgin-22 Geneva-13

Naperville-36 Oswego-14

Plainfield-27 St Charles-15

Look at the photo above for other communities that had seller’s accept contracts.

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 48 hours.

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

Median price of homes under contract this week $469,500 with 26 days average market time, last week $460,000 with 35 days average market time.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 665 621 663

Totals 3352 2860 3546

Check back with us every Saturday(on our normal day) for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2023 and 2022 so you can compare.

Contact us

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

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

If you are looking for any other information just let us know.

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

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices May 11th

Posted on May 11, 2024May 11, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices May 11th

Fox Valley home prices May 11th. It is a gorgeous day today and it looks like it will be from low 60’s to 80 for the next week.

New listings this week are the same. 205 this week compared to 205 the previous week.

Closed listings are way down. 163 this week compared to 251 the previous week.

Aurora-New 21 $190,000-$659,900

Closed-18 $156,100-$752,864

Bolingbrook-New 12 $315,00-$600,000

Closed-11 $230,000-$525,000

Elgin-New 13 $275,000-$975,995

Closed-22 $255,000-$890,000

Geneva-New 13 $339,900-$949,900

Closed-4 $255,000-$1,100,000

Naperville-New 36 $349,000-$1,635,600

Closed-26 $426,000-$1,275,000

Plainfield-New 33 $314,900-$989,900

Closed-13 $300,000-$708,475

St Charles-New 16 $400,000-$3,250,000

Closed-8 $275,000-$690,000

To see the other communities that had activity this week look at the photo above.

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

Median list price this week $474,950, last week $454,995.

Closed median price this week $434,900, last week $456,000.

Stats 051124 — Stats for week ending May 11th

Conventional financing was used to close on 128 homes this week at median price $469,995 with 29 days average market time, last week 196 homes at median price $475,000 with 27 days average market time.

Conv 051124 — Conventional financing used to close for week ending May 11th

Cash was used to close on 19 homes this week at median price $409,000 with 13 days average market time, last week 26 homes at median price $385,750 with 30 days average market time.

Cash 051124 — Cash used to close for week ending May 11th

FHA financing was used to close on 11 homes this week at median price $332,000 with 28 days average market time, last week 18 homes at median price $338,000 with 16 days average market time.

FHA 051124 — FHA financing used to close for week ending May 11th

VA financing was used to close on 5 homes at median price $379,990 with 15 days average market time, last week 10 homes at median price $414,500 with 24 days average market time.

VA 051124 — VA financing used to close for week ending May 11th

2,000 SF or more closed on 89 homes this week at median price $529,900 with 37 days average market time, last week 162 homes at median price $535,250 with 29 days average market time. Minimum price this week $270,000, last week $210,000.

2000 SF or more 051124 — 2,000 SF or more closed for week ending May 11th

Conventional financing again continues to be the way to go.

Under contract this week

Homes that went under contract this week are consistent. 211 this week compared to 223 the previous week.

Aurora-17 Bolingbrook-14

Elgin-22 Naperville-32

Oswego-13 Plainfield-23

St Charles-13

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

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

Median price under contract this week $460,000 with 35 days average market time, last week $450,000 with 36 days average market time.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 410 414 434

Totals 3097 2653 3317

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

Contact us

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

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

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

Fox Valley home prices May 11th. 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 April 20th

Posted on April 20, 2024April 20, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 20th

Fox Valley home prices April 20th. It is cloudy and only reaching 46 degrees today but for the next couple of weeks it will be anywhere from the mid 50’s to lower 70’s.

New listings this week are up. 208 this week compared to 173 the previous week.

Closed listing this week are consistent. 169 this week compared to 161 the previous week.

Aurora-New 20 $179,900-$565,000

Closed-21 $183,000-$840,000

Batavia-New 11 $299,000-$524,900

Closed-6 $350,000-$850,000

Bolingbrook-New 18 $239,900-$825,000

Closed-12 $280,000-$786,933

Elgin-New 24 $175,000-$1,315,000

Closed-16 $155,000-$573,011

Naperville-New 35 $349,900-$1,799,900

Closed-34 $361,000-$1,662,500

Oswego-New 12 $320,000-$740,000

Closed-10 $120,000-$535,982

Plainfield-New 25 $280,000-$730,786

Closed-15 $280,000-$715,000

Look at photo above for other communities that also had activity this week. I just highlighted the ones with the most activity.

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

Median list price this week $453,990, last week $448,750.

Closed median price this week $442,000, last week $409,990.

Stats 042024 — Stats for week ending April 20th

Conventional financing was used to close on 132 homes this week at median price $470,000 with 29 days average market time, last week 107 homes at median price $429,990 with 37 days average market time.

Conv 042024 — Conventional financing used to close for week ending April 20th

Cash was used to close on 29 homes this week at median price $375,000 with 47 days average market time, last week 30 homes at median price $390,000 with 30 days average market time.

Cash 042024 — Cash used to close for week ending April 20th

FHA financing was used to close on 4 homes this week at median price $317,500 with 37 days average market time, last week 17 homes at median price $326,000 with 19 days average market time.

FHA 042024 — FHA financing used to close for week ending April 20th

VA financing was used to close on 2 homes this week at median price $452,500 with 7 days average market time, last week 7 homes at median price $420,000 with 26 days average market time.

VA 042024 — VA financing used to close for week ending April 20th

2,000 SF or more closed on 99 homes this week at median price $542,500 with 33 days average market time, last week 92 homes at median price $510,000 with 35 days average market time. Minimum price this week $120,000, last week $36,500 that is questionable. It is most likely a mistake.

2000 SF or more 041324 — 2000 SF or more closed for week ending April 20th

As you can see Conventional financing continues to be the financing to use.

Under contract this week

Homes that went under contract this week are consistent. 217 this week compared to 225 the previous week.

Aurora-29 Bolingbrook-12

Elgin-27 Naperville-37

Oswego-14 Plainfield-22

St Charles-10

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

Seller’s accepted contracts that are contingent on the buyer closing on their current homes. 5 with a kick-out clause of 72 hours and 4 with 48 hours.

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

Median price of homes that went under contract this week $449,990 with 36 days average market time, last week $429,000 with 25 days average market time.

Under contract stats 042024 — Under contract stats for week ending April 20th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 604 513 605

Totals 2491 2064 2687

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

Contact us

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

Information for you to check out.

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

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

Fox Valley homes price April 20th. 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 April 6th

Posted on April 6, 2024April 6, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 6th

Fox Valley home prices April 6th. We finally see the sun. It has been raining for days. Temperatures will go from the mid 50’s up to 70 the next couple of weeks.

New listings are up. 223 this week compared to 125 the previous week.

Closed listings are down. 183 this week compared to 209 the previous week.

Aurora-New 20 $189,900-$740,000

Closed-16 $159,000-$702,097

Bolingbrook-New 13 $152,000-$679,000

Closed-10 $196,000-$580,600

Elgin-New 23 $170,000-$652,995

Closed-22 $190,000-$672,000

Montgomery-New 7 $235,000-$429,900

Closed-10 $233,000-$549,000

Naperville-New 40 $289,900-$2,390,000

Closed-20 $285,000-$1,525,000

Oswego-New 8 $320,000-$629,900

Closed-10 $289,000-$670,000

Plainfield-New 36 $240,000-$699,900

Closed-20 $312,000-$791,272

St Charles-New 14 $329,900-$750,000

Closed-10 $268,100-$1,200,000

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

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

Median list price this week $459,450, last week $435,000

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

Stats 040624 — Stats for week ending April 6th

Conventional financing was used to close on 140 homes this week at median price $460,000 with 29 days average market time, last week 154 homes at median price $442,455 with 46 days average market time.

Conv 040624 — Conventional financing used to close for week ending April 6th

Cash was used to close on 23 homes this week at median price $340,000 with 41 days average market time, last week 30 homes at median price $369,950 with 61 days average market time.

Cash 040624 — Cash used to close for week ending April 6th

FHA financing was used to close on 14 homes this week at median price $327,500 with 31 days average market time, last week 17 homes at median price $370,000 with 62 days average market time.

FHA 040624 — FHA financing used to close for week ending April 6th

VA financing was used to close on 6 homes this week at median price $423,750 with 25 days average market time, last week 6 homes at median price $463,650 with 81 days average market time.

VA 040624 — VA financing used to close for week ending April 6th

2,000 SF or more closed on 112 homes at median price $531,700 with 32 days average market time, last week 127 homes at median price $499,990 with 59 days average market time. Minimum price for 2,000 SF or more this week $118,000, last week $198,000.

2000 SF or more 040624 — 2,000 SF or more closed for week ending April 6th

Conventional financing wins again this week. Cash is next.

Under contract this week

Homes that went under contract are down. 163 this week compared to 213 the previous week.

Aurora-22 Batavia-11

Elgin-23 Naperville-20

Plainfield-23 St Charles-11

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

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

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

Median price of homes that went under contract this week $450,000 with 37 days average market time, last week $449,900 with 32 days average market time.

Under contract stats 040624 — Under contract stats for week ending April 6th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 223 183 163

Totals 2110 1734 2245

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

Contact us

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

Information for you to check out. Click on everything that is bold and underlined to take you to the information.

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

Fox Valley home prices April 6th. 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 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 February 10th

Posted on February 10, 2024February 10, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 10th

Fox Valley home prices February 10th. Another week with mid 40’s and then we will back to the 30’s during the day. Not bad for February.

New listings this week are slightly up. 145 this week compared to 138 the previous week.

Closed listings are down significantly. 72 this week compared to 140 the previous week.

Aurora-New 13 $164,900-$465,000

Closed-8 $262,500-$675,000

Elgin-New 20 $235,000-$634,945

Closed-7 $239,000-$425,000

Naperville-New 19 $389,900-$1,650,000

Closed-9 $335,000-$2,070,000

Plainfield-New 21 $260,000-$765,000

Closed-10 $353,000-$760,008

19 other communities had activity this week. Take a look at the photo above to see the price ranges in those communities.

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

Median list price this week $419,000, last week $426,495.

Closed median price this week $397,000, last week $388,700.

Stats 021024 — Stats for week ending February 10th.

Conventional financing was used to close on 56 homes this week at median price $404,250 with 44 days average market time, last week 100 homes at median price $419,500 with 63 days average market time.

Conv 021024 — Conventional financing used to close for week ending February 10th

Cash was used to close on 6 homes this week at median price $327,500 with 9 days average market time, last week 19 homes at median price $400,000 with 37 days average market time.

Cash 021024 — Cash used to close for week ending February 10th

FHA financing was used to close on 6 homes at median price $325,000 with 65 days average market time, last week 16 homes at median price $363,245 with 52 days average market time.

FHA 021024 — FHA financing used to close for week ending February 10th

VA financing was used to close on 4 homes this week at median price $543,900 with 15 days average market time, last week 5 homes at median price $385,000 with 41 days average market time.

VA 021024 — VA financing used to close for week ending February 10th

2,000 SF or more closed on 41 homes this week at median price $505,000 with 36 days average market time, last week 82 homes at median price $521,000 with 61 days average market time. Minimum price this week $285,000, last week $249,900.

2000 SF or more 021024 — 2000 SF or more closed for week ending February 10th

77% of homes closed this week used Conventional financing, cash and FHA were tied at 6 homes, and VA at 5 homes.

Under contract this week

Homes that went under contract this week are up. 177 this week compared to 142 the previous week.

Aurora-19 Elgin-21

Naperville-24 Oswego-10

Plainfield-25

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

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

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

Median price of homes that went under contract this week $439,500 with 54 days average market time, last week $407,444 with 52 days average market time.

Under contract stats 021024 — Under contract stats for week ending February 10th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 145 72 177

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 at 2023 and 2022 so you have something to compare to so you can see how it is going this year.

Contact us

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

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

Info to check out

Fox Valley home prices February 10th. 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