Geneva Real Estate Market Update: Mill Creek
Local Market Insight for September 2013
The Kombrink Team at RE/MAX Great American North has put together their Geneva Real Estate Market Update: Mill Creek Subdivision for September 2013.
The complete video covers current listing inventory, pending home sales and closed homes. It also details market trends for the number of new listings and sales, average market time and listing and sale price trends for Mill Creek. Here are some highlights;
Find out what's happening in Genevafor free with the latest updates from Patch.
- There are 43 single family homes for sale in Mill Creek
- The average market time is 101 days
- Average list price is $405,721
- 21 homes are under contract with the bulk of them priced in the $300,000 - $400,000 range
- 46 homes have closed in Mill Creek in the last 90 days
- The average sale price is $366,000
- Inventory is dropping while demand is increasing, welcome news for Mill Creek home sellers
- Average list price vs. sale price indicates a healthy market
Geneva Real Estate Market Update: Mill Creek Video
The figures in this report were compiled from Midwest Real Estate Data (MRED) on Monday, September 23rd, 2013 and represent single family homes only.
Find out what's happening in Genevafor free with the latest updates from Patch.
For more information about the Mill Creek subdivision in Geneva, or any of the tri-cities, give The Kombrink Team a call today at 630-488-3300. We'd be happy to help make sense out of the wealth of online real estate data available.
