From January through March of 2018, there were 93 homes sold, with a median sale price of $307,500 - a 2.3% decrease over the $314,900 median sale price for the same period of the previous year. There were 97 homes sold in Geneva in the first quarter of 2017.
The median sales tax in Geneva for the most recent year with available data, 2017, was $8,512.40, approximately 2.8% of the median home sale price for the first quarter of 2018.
The following table compares Geneva to other Kane County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wayne | 3 | 4 | -25% | $538,000 | $535,500 | 0.5% |
Campton Hills | 51 | 24 | 112.5% | $385,000 | $385,000 | 0% |
Tanner Woods | 4 | 3 | 33.3% | $320,000 | $356,500 | -10.2% |
Rainbow Hills | 1 | 6 | -83.3% | $310,000 | $326,110.50 | -4.9% |
Geneva | 93 | 97 | -4.1% | $307,500 | $314,900 | -2.3% |
Batavia | 71 | 83 | -14.5% | $297,000 | $280,000 | 6.1% |
St. Charles | 101 | 96 | 5.2% | $275,000 | $263,750 | 4.3% |
Lily Lake | 6 | 6 | 0% | $274,000 | $278,450 | -1.6% |
Algonquin | 19 | 27 | -29.6% | $271,500 | $190,050 | 42.9% |
Elburn | 28 | 21 | 33.3% | $266,500 | $195,000 | 36.7% |
Prestbury | 7 | 9 | -22.2% | $266,500 | $249,009 | 7% |