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Geneva Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Geneva home sales for the month of February decreased in volume by 11.1% when compared to last year, while the median sale price decreased by 22% from $334,900 to $261,250. The number of Single Family homes sales decreased by 23.8%, while the median sale price decreased by 12.4% from $340,000 to $297,750. Condo/townhome sales rose by 33.3%, while the median sale price decreased by 19% from $253,000 to $205,000.

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Median Sale Prices for Geneva

325k
320k
331k
334k
313k
360k
352k
362k
370k
366k
350k
269k
372k
349k
320k
261k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Geneva

37
21
26
27
38
45
46
78
54
58
37
37
31
34
32
24
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Geneva

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 27 24 -11.1% 56 56 0%
(Single Family) 21 16 -23.8% 45 40 -11.1%
(Condos/Townhomes) 6 8 +33.3% 11 16 +45.5%
Median Sale Price $334,900 $261,250 -22% $335,450 $301,000 -10.3%
(Single Family) $340,000 $297,750 -12.4% $340,000 $327,000 -3.8%
(Condos/Townhomes) $253,000 $205,000 -19% $263,000 $234,500 -10.8%
Days on Market 38 79 +106.6% 29 56 +96.5%
(Single Family) 47 53 +11.7% 37 53 +41.9%
(Condos/Townhomes) 17 106 +520.6% 10 73 +625%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. 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.

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