Geneva, Illinois Real Estate Market Update – March 2025
Posted by The Kombrink Team on
The real estate market in Geneva, Illinois, continues to evolve, offering both opportunities and challenges for buyers and sellers. With record-low inventory levels and increasing demand, the market remains highly competitive. Whether you are looking to buy or sell, understanding the latest trends can help you make informed decisions.
Low Inventory Creates a Competitive Market
One of the most significant challenges in Geneva’s real estate market right now is the historically low inventory. Currently, the Months Supply of Inventory is at just 0.83 months. This means that if no new homes were listed, the current supply would be sold out in less than a month.
To put this into perspective, a balanced market typically has around 4 to 6…
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