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Metro-East Housing Stats

Metro-East Housing Statistics Released

SHILOH, IL – The good news continues in real estate sales in the Metro-East. The number of homes sold in Monroe County more than doubled since March 2017, rising 67 percent in April and 32 percent compared to April of last year. Clinton County also saw a rise in homes sold over last month at a 59 percent increase since March.

Both Monroe and Randolph Counties continued to see a rise in home sales year-to-date since 2014. Homes sales in Monroe County increased seven percent and Randolph County increased five percent year-to-date.

In the Midwest as a whole, existing-home sales increased 3.8 percent to an annual rate of 1.36 million in April. In fact, Lawrence Yun, NAR chief economist, says every major region except for the Midwest saw a retreat in existing sales in April. The median price in the Midwest was $194,500, up 7.8 percent from a year ago.

St. Clair County’s median home price is also up $3,000 since April of 2016. Home prices in St. Clair County have continued to rise since 2013.

“The steady increase in home prices in St. Clair County is just one tangible example of the value of homeownership in the area and the Midwest” said REALTOR® Association of Southwestern Illinois President, Mike Gross.

Residential Units YoY – April 2017
  April 2017 2016 2015 2014 2013
St. Clair 261 293 240 205 235
Clinton 27 28 25 34 26
Monroe 50 38 39 25 37
Randolph 11 15 7 7 13
Residential Units MoM – 2017
  Apr. Mar. Feb. Jan. Dec.
St. Clair 261 268 26 26 48
Clinton 27 17 180 165 240
Monroe 50 30 10 3 8
Randolph 11 18 18 12 34
Year-to-Date Home Sales (January 1 – April 30)
  2017 2016 2015 2014 2013
St. Clair 879 904 773 650 739
Clinton 75 80 90 83 67
Monroe 131 122 120 84 110
Randolph 42 40 36 33 48
 
Median Home Prices
  2017 2016 2015 2014 2013
St. Clair $    128,000  $    125,000  $ 116,950  $ 110,000  $   89,900
Clinton $    100,000  $    123,250  $ 119,000  $ 122,500  $ 117,750
Monroe $    191,500  $    219,950  $ 153,000  $ 178,000  $ 164,000
Randolph $      87,000  $      95,000  $   85,000  $   40,000  $   51,000

 

Days on Market
  2017 2016
St. Clair 79 89
Clinton 67 76
Monroe 53 91
Randolph 123 122

Statistics are provided by MARIS and the Illinois REALTORS®.

April 2017 Housing Statistics

March 2017 Housing Statistics

February 2017 Housing Statistics

January 2017 Housing Statistics

December 2016 Housing Statistics

November 2016 Housing Statistics

October 2016 Housing Statistics

September 2016 Housing Statistics

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December 2014 Housing Statistics


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December 2013 Housing Statistics

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