Existing Home Sales Report for Geneva IL 2013
Here's a quick snapshot of existing home sales data for Geneva, Illinois. The infographic below compares 2013 to 2012.
As you can see, real estate sales performed much stronger in 2013 as the market stabilized and began a growth trend which we expect to continue through 2014.
Both total home sales and prices were up for the year. Distressed property sales were down as well as housing inventory. A drop in housing inventory bodes well for sellers as this translates into higher sales prices and potentially quicker market times. For buyers, this means your agent needs to be on the ball to ensure you see these homes as soon as they become available.
Find out what's happening in Genevawith free, real-time updates from Patch.
If you have questions about the Geneva IL real estate market, give us a call at 630-488-3300. We're here to help!
