“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Geneva IL Market Report | Single Family Homes | December 1, 2011

Geneva IL Market Report | Single Family Homes | December 1, 2011

The Geneva single family home real estate market is finishing up with good results in 2011. The total number of sales is slightly lower and the average sold price is lower than in 2010.

  • 254 closed sales in 2011 versus 266 in the same period in 2010
  • The average sold price is $309,356 in 2011 versus $341,524 in 2010.
The good news is that the number of bank-owned and short sales (12%) in Geneva is much lower than in Chicago metro area (40+%).

If you would like to information about buying a home or selling a home in Geneva IL, you can check the new listings, follow my Geneva market reports, and then give me a call at (630)945-7935. I’m a 17 year resident of the Fox Valley and an experienced Geneva IL real estate agent.

——————————————————————————————————————————

Geneva IL Market Update Single Family Homes
As of December 1, 2011

Closed Sales: 254 Average Closed Price: $309,356 Average Market Time: 158 Days


Under Contract: 37 Average List Price: $280,271 Average Market Time: 270 Days


Active Listings: 197 Average List Price: $414,124 Average Market Time: 249 Days

If you would like to information about buying a home or selling a home in Geneva IL, you can check the new listings, follow my Geneva market reports, and then give me a call at (630)945-7935.

Posted Tuesday Dec 06