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Real Estate Market Update: Geneva IL (August 2014)

By
Real Estate Agent with One Source Realty 471007391

Real Estate Market Update: Geneva IL (August 2014)

 

Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local Geneva market.

 

Let's take a look at real estate activity in Geneva, Illinois during the month of August.

 

  • The number of active listings was up 4% from one year earlier and down 4% from the previous month.
  • The average listing price for the month was just over $396,000.
  • Compared to last year the average number of days that units spent on the market before being sold was down 20%.
  • The average sale price was just under $320,000.
  • The number of units sold decreased 31% year-over-year and decreased 36% month-over-month.

 

 

Thanks for reading, we hope you found this post helpful as you gather more information to make smart informed real estate decisions.

 

If you'd like more information or assistance please contact Matt today at (630) 488-3300.

 

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Posted by

Matt Kombrink
One Source Realty
Geneva, Illinois
(630) 402-0021