Geneva, Illinois Real Estate Market Update: October 2024
Posted by The Kombrink Team on
The real estate market in Geneva, Illinois is heating up as we enter the final quarter of 2024! If you're considering buying or selling a home in this picturesque town along the Fox River, it's essential to stay informed about the latest market trends. This October, Geneva's real estate scene is bustling with activity, and things are moving fast.
Let’s break down the key stats and what they mean for both buyers and sellers in the Geneva, Illinois housing market this month.
Geneva’s Inventory: Low Supply, High Demand
Right now, Geneva is experiencing a 1.2 Months Supply of Inventory, which is a significant 33% decrease compared to the previous year. What exactly does this mean for you? Essentially, it shows that homes are in high demand,…
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