The market for single family home sales in Geneva IL is showing the greatest signs of recovery in the Fox Valley with an amazing 32% increase over the same period in 2011. The popular Mill Creek community is leading the way in sales with a total of 96 closed sales YTD.
19% of all sales in Geneva this year have been short sales or bank-owned foreclosures, which is considerably considerably below the average of 40% for the Chicago metro area. In comparison, the adjoining community of St. Charles shows about 23% of the sales as distressed properties.
The highest price sale so far this year in Geneva has been $850,000. There have been fewer sales of upper end properties in Geneva compared to St. Charles, but there are also fewer higher-priced listings.
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Geneva IL Home Sales
Single Family Homes
As of September 30, 2012
Closed Sales: 274
Average Closed Price: $325,984
Average Market Time: 156 Days
Under Contract: 64
Average List Price: $306,835
Average Market Time: 185 Days
Active Listings: 180
Average List Price: $404,129
Average Market Time: 207 Days
Data Above Provided by MRED, the Multiple Listing Service of Northern Illinois.
Information deemed to be reliable but not guaranteed to be accurate.
Geneva Single Family Homes Newest Listings