Home Prices Continue to Rise in Fox Valley

Sale prices on single family homes rose in all three of the tri-cities this past month.

The average sales price in December was up again for homes in St Charles, Geneva and Batavia. Find out how much they rose...

The tri-cities experienced a 1.57% increase in the average sales price over December of 2013. That’s a 3.86% gain since December, 2012! Currently, the average sales price for a home in the tri-cities is $348,364.

Let’s take a look at how that breaks down by city.

ST CHARLES

As you can see, the average sales price in St Charles is at $389,140, a 1.2% gain for the year. Since 2012 home prices in St Charles have risen 5.36%.

GENEVA

Prices in Geneva are up 2.7% this year at $351,134. While they dipped a little last year, they are still up 1.93% from 2012.

BATAVIA

Batavia home prices saw a slight increase of .7% to $304,818. This is up 4.22% from two years ago.

SELLERS: Get off the fence, now’s a great time to sell your home! Buyers are out there while interest rates remain low and you may be able to get that price you want.

For a more accurate picture of what someone would be willing to pay for your home, request a complimentary home valuation, or give The Kombrink Lobrillo Team at RE/MAX Great American North a call today at (630) 488-3300.

The data in this post was compiled from Midwest Real Estate Data (MRED), our local MLS, on Wednesday, January 28th, 2014. The data consists of resale detached single-family homes and does not include distressed sales or new construction.