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Geneva Market Trends for March 2015

By
Real Estate Sales Representative with RE/MAX Suburban

Geneva Market Trends for March 2015

Geneva home sales for the month of March rose in volume by 33.3% when compared to last year, while the median sale price rose by 18.4% from $283,000 to $335,000. The number of Single Family homes sales rose by 45.8%, while the median sale price rose by 14.2% from $332,000 to $379,000. Condo/townhome sales stayed the same, while the median sale price decreased by 28.9% from $225,000 to $160,000.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2015 Midwest Real Estate Data LLC. All rights reserved.

Median Sale Prices for Geneva

346k
318k
289k
283k
317k
300k
307k
330k
305k
283k
337k
296k
291k
319k
285k
335k
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Number of Sales for Geneva

29
23
16
33
41
53
68
71
44
43
23
34
32
23
29
44
12/13 1/14 2/14 3/14 4/14 5/14 6/14 7/14 8/14 9/14 10/14 11/14 12/14 1/15 2/15 3/15

Real Estate Sales for March in Geneva

  March Year to Date (Jan 1 - April 22)
  2014 2015 Change 2014 2015 Change
Homes Sold 33 44 +33.3% 96 115 +19.8%
(Single Family) 24 35 +45.8% 73 89 +21.9%
(Condos/Townhomes) 9 9 0% 23 26 +13%
Median Sale Price $283,000 $335,000 +18.4% $291,500 $320,000 +9.8%
(Single Family) $332,000 $379,000 +14.2% $325,000 $340,000 +4.6%
(Condos/Townhomes) $225,000 $160,000 -28.9% $175,000 $231,250 +32.1%
Days on Market 46 41 -12% 48 58 +22.1%
(Single Family) 48 36 -25% 43 63 +46.5%
(Condos/Townhomes) 38 44 +15.8% 64 56 -12.5%
sold_home_2x

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