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 listingsfollow 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 listingsfollow my Geneva market reports, and then give me a call at (630)945-7935. 

This post was written by Leslie Ebersole of Baird & Warner Real Estate.
Use or reproduction of the material published on this site is expressly prohibited
without the express written permission of the author.

 

FOX VALLEY LIVING

 

My Email leslie.ebersole@bairdwarner.com

My Mobile (630)945-7935

 

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


What does the graphic say?
Leave a response…


(optional)
Spam Prevention: