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🏘️ Tri-Cities home prices remain steady
Residential property sales for the week ending April 27 included six in Batavia, six in Geneva and three in St. Charles.
And now that another month has passed, it’s time to check in on the state of home buying (and selling) in the Tri-Cities. The info below roughly covers the period from March 31 to April 27.
Average residential home selling price
Tri-Cities: $466,249 (THE SAME as $466K last month)
Batavia: $442,829 (Down from $458K last month)
Geneva: $479,741 (Up from $472K last month)
St. Charles: $470,578 (Up from 463K last month)
Total residential homes sold
Batavia: 24 (Up from 14 last month)
Geneva: 33 (Up from 30 last month)
St. Charles: 27 (Up from 21 last month)
More numbers
Highest selling price: $960K in Geneva
Lowest selling price: $200K in Batavia
Kind of wild to see the average selling price fluctuate only a few hundred dollars month over month. Despite a clear uptick in the number of homes sold, home prices have remained remarkably steady.
Just for fun
Here are a couple of local homes currently for sale:
$3.8M | 36W918 Crane Road, St. Charles: This 8,000-square-foot home is set on a 7-acre estate with a 16-car “toy garage,” volleyball court, pool and putting green.
$2.6M | 4N964 Dover Hill Road, St. Charles: Also 8,000 square feet, this manor is nestled into a beautiful wooded lot with a creek, pond, waterfall and pool.
Interesting real estate nuggets
Selling season: Considering a move? New research suggests that homes listed for sale in early June sell for higher prices (more than $7K) than other periods.
Real estate fees: Here’s an update on how Chicago area homeowners may be impacted by the recent NAR lawsuit.
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📰 News to use
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☑️ Motorcycle tragedy: A 29-year-old woman — who was a passenger on a motorcycle driven by a 30-year-old Batavia man — was killed in an Aurora crash last week.
☑️ Bringing the heat: Tri-Cities folks should prepare for a sticky, sweltering summer. Forecasters say it could be the hottest in recorded history.
☑️ Deep discount: Lamar Companies recently bought the Geneva Commons from LaSalle Investment Management for $63.8M — about half of what the shopping center sold for in 2013.
☑️ Dam removal: During the recent St. Charles Dam Task Force Meeting, officials and attendees explored an interesting question — who actually owns the dam?
☑️ Muon shot: Fermilab hopes to someday develop an ambitious, cutting-edge muon collider facility, which could help launch a new frontier of particle physics research.
🔒 Workforce program: A $1.5M grant will help the Quad County Urban League deliver job training and leadership development opportunities for young people in Kane and other nearby counties.
🏘️ In the community
☑️ The great give-back: A volunteer fair on Thursday at the Batavia Public Library will feature 35 nonprofits, giving you a chance to find the perfect volunteer role to suit your passion and schedule.
☑️ Rail construction: The Fox River trail east of the river in Geneva will be closed intermittently this week — plus the Route 31 underpass shutdown will remain in place until the end of June.
☑️ Resident input: Geneva is holding a public hearing at 7PM on Thursday at City Hall regarding the Venture Park development (a 55-acre parcel of land on the corner of Kirk and Fabyan).
🔒 Helping hands: Thanks to grant funds from Bethlehem Lutheran Church in St. Charles, CHIP IN Batavia was able to support local families with a new daycare scholarship program.
☑️ Grad party: A Wednesday ceremony will celebrate 15 graduates who completed Kane County Drug Rehab Court, a milestone achievement that improves both personal lives and public welfare.
🔒 Renewing a tradition: A donation from four St. Charles veteran organizations allowed the STC Fire Department to purchase new training equipment.
🎸 Live music
Afternoon Logic will perform at The Office on Thursday.
As the temperatures slowly climb, the number of outdoor live music performances also grows. It’s a beautiful thing.
Speaking of patio music — The Office in St. Charles has reappeared on the live music radar with an Afternoon Logic performance on Thursday. It’s gonna be a good week!
🏬 Local biz
Up North Wine Tasting in Geneva celebrated its two-year anniversary last week.
☑️ Pod drop: If you’ve lived in the Tri-Cities area for a while, the name “Foltos” probably rings a bell. The latest episode of “Area Code: Batavia” features an insightful conversation with Batavia legend Craig Foltos.
☑️ Education opportunities: Bloom ‘n Learn — an organization that offers private tutoring, play-based learning and other enrichment classes — is celebrating a ribbon cutting in downtown Batavia tomorrow.
🗓️ Events + things to do
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☑️ Architecture, Industry and Art | Tuesday, 4:45PM | Water Street Studios, Batavia | Step into the captivating world of Batavia's rich history at this special presentation.
🎟️ Girls Night Out | Wednesday, 6-8:30PM | The Little Traveler, Geneva | Enjoy an evening of shopping, demos, raffles, product sampling and live music — plus a glass of wine and snacks!
☑️ Celebrate Mom: Ladies Night | Thursday, 6-9PM | trend + relic, STC | Enjoy late-night shopping, food/drink and a special raffle — plus hair and flower pop-ups.
☑️ Tri-Cities Tribute to Heroes | Thursday, 6PM | Enticing Cuisine, Batavia | This fundraising dinner event will honor local superstars and feature a world record holder as the guest speaker.
☑️ Author Meetup & Book Signing | Thursday, 7pm | Smarty Pants Cafe, Batavia | Meet Chris Quigg, Distinguished Scientist Emeritus at Fermilab and author of “Grace in All Simplicity,” while exploring the mysteries of the universe.
🎟️ Historic Trolley Tour | Friday, 6-7PM | Batavia Depot Museum | Tickets are still available for this unique, open-air tour on wheels of Batavia’s history.
🎟️ Walk MS 2024 | Saturday, 9:40AM | Pottawatomie Park, STC | Support an incredibly valuable cause while getting some exercise on a (hopefully) beautiful spring morning.
🎟️ Mid-American Canoe & Kayak Race | June 1 | Fox River | Start from Batavia or St. Charles and paddle your way to the post-race after-party at the Prisco Community Center in Aurora.
🏛️ Civic updates
All three City Councils will hold meetings tonight:
☑️ Batavia agenda: Resolutions related to a bridge preventative maintenance project, the Ashton Ridge subdivision and the Carriage Crest drainage project — plus a presentation about murals on the east side of the Batavia Government Center.
☑️ Geneva agenda: Proclamations for Mental Health Awareness Month and Historic Preservation Month, plus a resolution for a bike plan classification study.
☑️ St. Charles agenda: Several appointments and reappointments of new members to city boards and commissions, plus a proclamation for the 95th Anniversary of Lincoln Elementary School.
🌖 Weather snapshot
🌤️ Today: High 74F | Low 60F | Super pleasant
🌩️ Tuesday: High 73F | Low 51F | Big storms
🌦️ Wednesday: High 75F | Low 51F | Rain may linger
☁️ Thursday: High 62F | Low 45F | Return to average
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