Monday Morning Market….
Happy Monday everyone-
I hope you all enjoyed the crazy weather this weekend. I had the joy of drinking coffee on my front porch, watching the pouring-down rain on Saturday morning, then the joy of drinking coffee on the deck in the sunshine on Sunday morning! Simple pleasures!
Every Monday I can’t wait to pull the stats out of the MLS and see what’s happened in our little town. It is so interesting to try to piece the puzzle together and figure out who sold what… Of course, today I know “who sold what” on a few properties because I am in the office, happily processing paperwork for some files our Realtors got under contract over the weekend.
We are thoroughly enjoying our new location…. Traffic has been amazing, people are here all day long (in and out) checking out our listings in the front window, and the exposure has been priceless. To have the incredible good fortune of “expanding” our business in a market where many have downsized, or worse, gone out of business, has been a true testament to the agents we have under our roof. They’ve kept their noses to the grind-stone and followed up on every referral and we have fought our way right through the last couple of years with very little change in the way we do business. Do stop by for a visit when you are downtown Geneva! Our Grand Opening & ribbon cutting is scheduled for August 5… put it on your calendar to come help us celebrate our amazing accomplishments!
Here are the stats from everything related to the MLS in Geneva, for the past 7 days…for single-family homes:
· Active listings
o 241, with list prices from $144,900 to $1,999,000 (call me about the $144,900. It’s not my listing, but it would be a GREAT rental!)
· Under contract in last 7 days=
o 8 listings! From $239,9000 to $744,900 in list prices
· Price changes=
o 14 in number, with the greatest reduction going from $995,000 to $950,000
· Closed=
o 7 in number, from $215,500 to $445,000 (43% of the closings last week were distressed sales… 2 foreclosures and 1 short sale)
In our ever expanding quest for market domination, we are asking our clients/friends/followers to check out our Facebook pages:
“Stone Tower Properties”
&
“365 things to do in Geneva, IL”
With over 400 million users, we thought it appropriate to extol the virtues of living in Geneva, to the locals and to perhaps a few interested folks who do not live here…. Yet!
If you like our pages, please hit the “LIKE” button and become one of our fans! And don’t forget to invite a few friends to do the same…..We promise you won’t be disappointed!
THINK SOLD!
Teresa Keenan
