While prices are down compared to a few years ago, sellers in Geneva IL are relieved that prices have stabilized in 2010. Geneva IL is well known throughout the region as a charming historic town. The downtown area offers tree-lined streets with vintage homes, ranging from quaint bungalows to ornate Victorians. Buyers are attracted to the historic downtown and family friendly subdivisions including Mill Creek, Fisher Farms and Eagle Brook. If you would like a detailed report on home sales in your Geneva IL community or subdivision please give me a call.
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Geneva, IL 2010 YTD Market Report: Single Family Homes |
Average Closed Price: $341,826 Average Market Time: 146 Days Under Contract: 41 Average List Price: $366,253 Average Market Time: 217 days Active Listings: 208 Average List Price: $431,388 Average Market Time: 234 Days |
PRICES for single family homes listed for sale in Geneva IL have stayed remarkably steady in 2010. Each quartile -- shown by the different colored lines -- represents 25% of the listings. |
INVENTORY of single family homes listed for sale in Geneva, IL has dropped dramatically in the early part of the year as home buyers took advantage of the home buyer tax credits. This chart shows active listings and homes under contract but not yet closed. |
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