Edwardsville IL Homes for Sale and Real Estate

Edwardsville IL Homes Sales in 2010

How did the real estate market in Edwardsville, Illinois fare in 2010? Here are the totals:

From January through December 2010, 317 new and existing homes valued at $70.6 million were sold in Edwardsville. (This compares to 334 homes sold in Edwardsville in calendar year 2009, a minor drop of 5.1 percent.) 

Existing re-sale homes that sold during 2010 were on the market an average of 150 continuous days prior to selling (compared to 143 days in 2009). New construction homes were on the market longer before selling -- an average of 251 days in 2010 which is much improved from 2009 when the average new construction home was on the market 312 days before selling. Additional homes expired or were withdrawn from the market without selling. Homes that are priced too high for market conditions or those with condition problems are among those most likely to expire without selling.

If you look at Edwardsville's new construction homes only, the average selling price was $454,737 in 2010 compared to a listing price of $497,816. That's a list-to-sell price ratio on new homes of 91.3 percent. Homebuilders were clearly building larger and more luxurious properties in 2010 compared to 2009 when the average new construction home was listed for $394,708 and sold for $380,275.

For existing homes, the average selling price was $207,992 in 2010 and the average listing price was $218,726, resulting in a list-to-sell price ratio of 95 percent. Please note that the list-to-sell ratios only consider the final listing price, which may have been the result of one or more price drops during the course of the marketing period. (In 2009, the average listing price for existing homes was $192,691 and average selling price was $184,020. If you've been waiting for the "bottom" of the market in terms of price in Edwardsville, you may have already missed it.)

If you have questions about selling your Edwardsville home or local real estate market conditions in general, contact me at Nancy@GoshenRealtyGroup.com or call 618-791-8007.

Enjoy life in the (618) area code in Southwestern Illinois, St. Louis' Illinois suburbs. SEARCH FOR HOMES HERE.



I help good people buy and sell good homes in St. Louis' Illinois suburbs, with special emphasis on the Metro East communities of Edwardsville, Glen Carbon, Maryville, Collinsville, Troy and surrounding areas in Madison County, Illinois.

Are you a teacher, firefighter, law enforcement officer, medical professional or active duty or retired military? Then ask me about Homes for Heroes, offering substantial savings on home purchases. Learn more at Homes For Heroes.

For more information or to search for homes, visit my sites at NancyMilton.com618Life.com, or GoshenRealtyGroup.com or send an email to me at Nancy@GoshenRealtyGroup.com. Text or call Nancy Milton Holtzscher, your Edwardsville Realtor, at 618-791-8007 any time.

REMAX Preferred Partners is located at One 157 Center, Edwardsville, IL 62025, 618-791-8007 (direct) 618-655-1188 (office). We're easy to find on IL-157 in Edwardsville between Pasta House Co. and Shenanigans. Each office is independently owned and operated.

Comment balloon 2 commentsNancy Milton Holtzscher • January 18 2011 06:10PM
Edwardsville IL Homes Sales in 2010
How did the real estate market in Edwardsville, Illinois fare in 2010? Here are the totals: From January through December 2010, 317 new and existing homes valued at $70. 6 million were sold in Edwardsville. (This compares to 334 homes sold in… more
Short Sale Seller: Please Help Me Help You
Would it surprise you to know that often the most challenging part about working a short sale here the Edwardsville IL area isn't dealing with the lender? It's making sure the seller is providing me with all the information and signatures I… more
Henderson Trucking, Welcome to Caseyville, IL
Today the Belleville News Democrat reported that Henderson Trucking Co., which specializes in long-haul refrigerated transportation, is moving its headquarters from Salem, IL to Caseyville, IL -- about 70 miles east. Caseyville is located here… more
OPEN HOUSE SUNDAY, FEBRUARY 13, 2011, 1 to 3 p. m. 435 W. Lake Dr.,…
Live Large at 435 W. Lake Dr. at Dunlap Lake in Edwardsville IL It's life the way you've always imagined with beautiful views of Edwardsville's popular Dunlap Lake and the area's common ground from the front of this 3, 400-square-foot home and… more
Why "as is" properties are not selling and why "move…
My blogging colleague Lori in Tulsa has the right idea with this super post about preparing your home for sale. What's happening in her market is being repeated right here in Southwestern Illinois. There is a lot of inventory on the… more
Crafting a strategy prior to writing an offer is essential in today’s…
My blogging colleague Richard in Georgia has a great post today about how important it is to create a strategy before making the offer on that special house. His question is direct: Is it more important for you to get this house or… more
Bad Landscaping Can Cost You Big Time on Your Home Sale
In real estate today, the homes that sell faster and for top current market value are those that are properly prepared -- both inside and outside. What do I mean by properly prepared? These days everyone has heard of "staging"… more
NPR Story Says: Flipper Cash Propping Up Housing Market
NPR Story Says: Flipper Cash Propping Up Housing Market National Public Radio (NPR) has broadcast a story about Craig Fuhr, a real estate rehabber who is flipping houses successfully in Baltimore MD. Here's a link to the story: I'm in… more
Edwardsville Tigers Football Schedule - 2010
Varsity Saturday 8/28 11:00AM @ Lincoln Way East Saturday 9/4 7:00PM vs. Bogan High School Friday 9/10 7:00PM vs… more
Relocating to the Edwardsville IL Area? Here Are Some Lodging Options…
If you're relocating to Edwardsville or any of St. Louis' Illinois suburbs, chances are you'll need to make a few visits while you're viewing properties and getting to know our region. For those of you considering the Edwardsville or Glen… more