Genoa Real Estate Market Update December 2018


Real Estate In Genoa is a sellers’ market with low inventory of homes in Genoa and a lot of buyer interest. There is a 2.89 months supply of inventory on the market in Genoa on December 31, 1969.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Genoa last month was 72 days.
The number of home sales in Genoa from November 1, 2018 through November 30, 2018 was 5 units. That is 1% above the number of homes sold last month in Genoa.

The average price per square foot in the area is now $116/Sq.Ft, which is 31% an increase from last month.



In Genoa there were 2 units sold in November in the price range between $140,000 – $170,830 with an average of 3.5 bedrooms and 2 bathrooms and average Square footage of 1,400SF.

In Genoa there were 3 units sold in November in the price range between $220,830 – $240,000 with an average of 3.7 bedrooms and 2.1 bathrooms and average Square footage of 2,473SF.

The high price range had the most activity. Homes up to $240,000 were on the market on average 82 days and sold an average of $235,166.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Genoa. Search all Genoa homes for Sale on propertyup.com If you are considering viewing Genoa, you may want to do so now!

Genoa
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$177,686
$177,686
Median Sales Price
$153,785
$201,660
Month supply of inventory
3.4
2.9
Market Time Detached
33 days
72 days
Market Time Attached
485 days
0 days
Inventory
73 properties
65 properties
Low price range
$107,500 – $130,643
$140,000 – $170,830
Low price range market time
10 days
59 days
Low price range units sold
0
2
Low price range bedrooms
2
3.5
Low price range bathrooms
1.1
2
Low price range approx sqft
1,200 SF
1,400 SF
Mid price range
$130,644 – $165,892
$170,831 – $220,829
Mid price range market time
157 days
0 days
Mid price range units sold
4
0
Mid price range bedrooms
3.8
0
Mid price range bathrooms
2
0
Mid price range approx sqft
1,510 SF
0 SF
High price range
$165,893 – $178,000
$220,830 – $240,000
High price range market time
23 days
82 days
High price range units sold
2
3
High price range bedrooms
3
3.7
High price range bathrooms
2.5
2.1
High price range approxsqft
1,625 SF
2,473 SF

The post Genoa Real Estate Market Update December 2018 appeared first on Real Estate Vibe - Property Up.



source https://realestatevibe.com/genoa-real-estate-market-update-December-2018/

Comments

Post a Comment

Popular Posts