Fox Valley Real Estate Blog - The Kombrink Team

Batavia, IL Real Estate Market Update – February 2025: Home Prices, Inventory & Trends

Hey there, everyone! It’s Matt Kombrink, your friendly neighborhood REALTOR®, bringing you the latest insights into the Batavia, Illinois, real estate market. Whether you're considering buying or selling, understanding the local trends is key to making informed decisions. Let’s dive into the numbers for February 2025!

1.2 Months Supply of Inventory – A 25% Increase

Currently, Batavia has a 1.2 Months Supply of Inventory, marking a 25% increase compared to the last 12 months. What does this mean? Simply put, there are more homes available for buyers, giving them slightly more choices in the market. However, inventory remains relatively low, which still favors sellers overall.

Homes Are Selling Close to List Price

One of the most…

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Home Price Growth Is Moderating – Here’s Why That’s Good for You

Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at owning a home. But here’s some welcome news: that whirlwind pace of home price growth is slowing down.

Home Prices Are Rising at a Healthy Pace

At the national level, home prices are still going up, but at a much more moderate, normal pace. For example, in November, the year-over-year increase in home prices was just 3.8% nationally, according to Case-Shiller. That’s a far cry from the double-digit spikes that occurred in 2021 and 2022 (see graph below):

This more normal home price growth might make buying a home feel more attainable for many buyers. You won’t face the same sticker shock or rapid price jumps…

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Why Buying a Home Now Is Your Winning Play

Some Highlights

• You may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision.​
• Moving this winter can give you significant advantages, like less competition, more negotiating power, and lower prices.
• If you’re able to buy now, stay ahead of the game and outrun the competition. To tackle your homebuying plans this year, let’s connect.​

Originally posted at Simplifying The Market.

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The Perks of Buying a Fixer-Upper

There’s no denying affordability is tough right now. But that doesn’t mean you have to put your plans to buy a home on the back burner.

If you’re willing to roll up your sleeves (or hire someone who will), buying a house that needs some work could open the door to homeownership. Here’s everything you need to know so you can decide if this is the right move for you.

What’s a Fixer-Upper?

A fixer-upper is a home that’s livable but requires some renovations. Think cosmetic updates like wallpaper removal and new flooring or more extensive repairs like replacing a roof or updating plumbing.

While fixer-uppers need a little TLC, here’s why they may be worth considering, especially right now:

1. They Usually Have a Lower Price Point. Because of…

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Modern 2BR/2.5BA Townhome in Carpentersville, IL | Move-In Ready with Recent Upgrades

1272 Brookdale Dr, Carpentersville, IL

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Welcome to your dream home in the sought-after Aragon neighborhood of Carpentersville, Illinois! This beautifully updated 2-bedroom, 2.5-bath townhome combines modern upgrades with timeless charm. Recent improvements include a new stove, toilets, kitchen sink/faucet, and upstairs bathroom flooring, all updated in 2025, as well as a water heater and dishwasher replaced in 2024. The roof was updated in 2022, and the washer/dryer were installed in October 2020, while the HVAC system has been reliably serving the…

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The 3 Biggest Mistakes Sellers Are Making Right Now

If you want to sell your house, having the right strategies and expectations is key. But some sellers haven’t adjusted to where the market is today. They’re not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes.

Here’s a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.

1. Pricing the Home Too High

According to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current Matters (KCM), real estate agents agree the #1 thing sellers struggle with right now is setting the right price for their house (see graph below):

And more…

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Buyer Bright Spot: There Are More Homes on the Market

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates. And if you’re trying to buy a home, it’s easy to worry you won’t be able to find something in your budget.

But here’s what you need to know. The number of homes for sale has grown a whole lot lately and that’s true for both existing (previously lived-in) and newly built homes. Here’s a look at those two bright spots for buyers right now and why they may make it a bit easier to find the home you’re been looking for.

1. There Are 22% More Existing Homes for Sale

Data from Realtor.com says the number of existing homes for sale improved by an impressive 22% in 2024. And experts say your pool of options is expected to get even better this…

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The Real Benefits of Buying a Home This Year

Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach.

But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.

Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you'd even be able to buy right now. The truth is, if you’re able to make the numbers work, buying a home has powerful long-term financial benefits.

Let’s break down why homeownership is worth considering…

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Time in the Market Beats Trying To Time the Market

Some Highlights

• Are you torn between whether to buy a home now or wait? Consider this.
• Forecasts show prices will climb for ​at least the next 5 years. If you wait, the price of a home will be higher later on. But, if you buy a $400K now, you could gain roughly $83K in equity as prices rise.
• If you're able to buy now, this equity is one reason why it'll be worth it in the long run. Let’s connect if you're ready to talk through ways we can make it happen.

Originally posted at Simplifying The Market.

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The Secret To Selling? Using an Agent To Get Your House Noticed

In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent. The number one answer was to help market their house.

It makes sense. The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers. That’s why it’s so important to work with an expert local agent that knows what they're doing.

According to that same report from NAR, here are some of the most common methods real estate agents use to market homes, and how you benefit when your agent uses them effectively (see graph below):

• Listing on the MLS – Real estate agents have access to the Multiple Listing Service (MLS) database. And that’s great for you because…

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