In the ever-evolving landscape of Geneva's real estate market, staying informed is key to making the most of your property ventures, whether buying or selling. As your trusted local real estate experts, The Kombrink Team is committed to providing you with the latest market insights. Today, we delve into the current trends and what they mean for you.

Current Market Overview

Geneva's real estate market is experiencing a unique phase characterized by a tight inventory. The current supply stands at a mere 1.1 months, a significant decrease of 7.56% compared to the previous year. This trend is a clear indicator of a fast-paced market, with properties selling quicker than ever. For sellers, this environment presents a golden opportunity.

Months Supply of Housing in Geneva, Illinois

Seller's Advantage

In this seller's market, the statistics speak volumes. With a List to Sold Price ratio soaring at 100.8%, sellers are frequently receiving offers that meet or exceed their asking price. This metric not only underscores the competitive nature of the market but also highlights the robust demand for properties in Geneva.

Buyer's Perspective

For buyers, the median days on market — a mere 22 days — is a testament to the swift movement of properties. It is a market that favors decisiveness; thus, potential buyers must be prepared to act promptly when they find a property that aligns with their preferences and needs.

Median Days on the Market in Geneva, Illinois

Market Stability and Growth

A key indicator of market health and stability, the median sold price in Geneva, currently stands at an impressive $375,000. This figure not only reflects the quality and desirability of properties in the area but also points to a healthy and growing real estate sector.

Median Home Sale Price in Geneva, Illinois


Whether you're considering selling your property or embarking on the journey of purchasing a new home in Geneva, the current market conditions are favorable. The Kombrink Team is here to guide you through this dynamic market, ensuring a seamless and successful experience. For any queries or assistance in navigating these exciting times in Geneva's real estate market, do not hesitate to reach out at 630-402-0021. Your dream property awaits, and we are here to make that dream a reality.

Posted by The Kombrink Team on


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