Realty Times - Geneva, Illinois Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Illinois > Geneva

Market Conditions Summary for Geneva, Illinois

Reported by

The Kombrink Team
as of 1/9/2009:

There are currently 356 single family and townhomes listed for sale in Geneva. The average home is currently priced at $347,533. For 2008, closings were down 23% with 325. The median sale price of $329,000 was down 4%. Market time was up 15% over... MORE->
About The Kombrink Team

Reported by

Peggy Brown
as of 12/3/2008:

For the month of November, Geneva saw 16 single family homes close with an average sale price of $417,674. The average sale price was 95% of the average list price. The average market time was 273 days. Located 40 miles west of Chicago,... MORE->
About Peggy Brown

Reported by

Christopher A. Tenggren, BROKER/REALTOR
as of 12/1/2008:

The general market conditions in the Geneva area appear steady, although appreciation rates remain flat. The typical list to sales price ratio of +/- 95% remains prevalent, within normal 60-120 day marketing times for this general market area when... MORE->
About Christopher A. Tenggren, BROKER/REALTOR

Reported by

Susan Klages
as of 10/3/2008:

The election is coming, and many people are a bit concerned about our market at this time. Mortgages rates are still competitive, and yes, it is still possible to get a loan. If you are planning to sell soon please be get a RIGHT PRICE ANALYSIS for... MORE->
About Susan Klages

Average Current Market Rating: 1.5 (4 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.8 (4 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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