Real Estate Market Minute: Geneva IL (May 2014)
Welcome to May's real estate market update for Geneva, IL. Matt, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local market.Let's take a look at real estate activity in Geneva during the month of May.
The number of active listings was up 1% from one year earlier and down 2% from the previous month.
The median listing price for the month was just under $400,000.
Compared to last year, the average number of days that units spent on the market before being sold was up 13%.
The median sale price was just under $310,000.
The number of units sold decreased 7% year-over-year and increased 17% month-over-month.
Thanks for reading, we hope you found this article helpful as you gather more information to make smart informed real estate decisions. If you'd like more information or assistance contact The Kombrink Lobrillo Team at RE/MAX Great American North at 630-488-3300.
