Real Estate
Market Statistics and Home Prices for Geneva, St Charles and
Batavia IL.
We track a lot of real estate
statistics in order to guide our business, see where the
market is going, and stay abreast of changes in our local real
estate market. Compiled here are some of these real
estate statistics we think may be helpful for home owners,
home sellers and home buyers in Geneva, St Charles, Batavia
and all of the Fox River Valley IL.
Real Estate Market Stats
last updated March 31, 2008.
|
GENERAL
REAL ESTATE MARKET STATS FOR FOX VALLEY IL |
| |
March 2007 |
March 2008 |
CHANGE |
|
Closed Homes |
216 |
136 |
-37% |
|
Average List Price |
$311,052 |
$295,429 |
-5% |
|
Average Sale Price |
$299,595 |
$280,777 |
-6% |
|
Average Market Time |
149 |
176 |
+18% |
|
 |
| The real
estate market stats above are pulled from the Multiple
Listing Service of Northern Illinois (MLSNI). It
includes single family homes, townhomes and condos in
the Fox Valley area of Illinois. The change
column represents the percentage change from the same
month last year. Average Market Time is displayed in
days. |
|
|
Total Market Overview
This is a snapshot of the current real estate market here in
the Fox Valley.
View the current supply and demand of homes broken down by
price range. You'll see current active listings, average
list price, number of homes pending and closed both in the
last 30 and 180 days along with average sale price.
This real estate market overview is updated monthly.
Absorption
Rate
This report gives you a good idea of competition and market
time in each price range. It takes the number of homes
closed in the last 6 months to determine how many are selling
each month. Then it takes the number of listed homes and
divides it to give you the absorption rate. This number
indicates how long it would take to sell the current
inventory.
The absorption rate is updated monthly.
Fox Valley
Real Estate Office Ranking
This report ranks local real estate offices in Geneva, St
Charles and Batavia Illinois. It shows the number of
closed homes each office has had YTD.
This ranking is updated monthly.
Fox Valley IL Subdivision Statistics
The link above takes you to MySubdivisionOnline.com.
You will find links there to over 20 local subdivision
websites. Each site has a collection of real estate
market stats specific to that subdivision.
These sites are updated monthly. |
ILLINOIS.