Can you believe the first half of 2013 is already behind us? With six months of activity under our collective belts, it's a great time to see how the real estate market is doing. The following information is for homes located in the Edwardsville School District.
Year to date through the end June 2013, new listings are up 12.61 percent (625 vs. 555) and sold listings for the same time period are up 36.69 percent from 248 to 339.
The average sale price is very stable, down just 1.3 percent from the same period in 2012. The same goes for the list-to-sell ratio, which measures the sales price compared to the final listing price, holding at 95 percent year over year.
Another positive indicator is the average number of days on the market, which dropped by 3.5 percent to 148 in the first six months of 2013 from 153 over the same timeframe in 2012.
The volume of sold listings in the first six months of 2013 was $71.3 millon, versus $52.9 million in 2012, an increase of 34.85 percent.
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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.com, 618Life.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.