The housing market statistics for the Metro-East contain the prior month’s numbers, as reported by MARIS MLS. Figures calculated include the number of residential units sold this year compared to last year as well as compared to last month, the year-to-date home sales, the median home prices, and days on market in our area (Madison, St. Clair, Macoupin, Clinton, Monroe, Randolph, Montgomery, and Jersey Counties).
Archived housing statistics are available at the bottom of the page.
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Key Housing Market Statistics in the Metro-East Released
SHILOH, IL – Through the hustle and bustle of the holidays, the real estate market stayed strong throughout December in the Metro-East.
The number of homes sold in most of the Metro-East increased year-to-date in December of this year compared to the same time last year. Home sales in Randolph, Madison, and Jersey counties increased by 87.5 percent, 7.1 percent, and 5.3 percent, respectively.
“As we look at the housing market statistics for the Metro-East for the entire year of 2017, we see a clear increase in sales,” said Angie Zahn, President of the REALTOR® Association of Southwestern Illinois. “These numbers show how strong the real estate market is in the Metro-East.”
As for a year-to-date comparison, homes sales in St. Clair, Madison, and Macoupin Counties increased 2.2 percent, 0.7 percent, and 17.8 percent respectively, compared to the year-to-date comparison from December 2016.
Home prices in Madison County rose 3.4 percent compared to December of 2016.
Days On Market
Days on market continue to decrease in many counties within the Metro-East. St. Clair County homes sold 15 percent faster this December than December 2016 and homes in Madison County sold 22 percent faster at just 40 days on market in December.
The REALTOR® Association of Southwestern Illinois (RASI) is the voice for real estate in Southwestern Illinois. Our mission is to empower members to succeed today and into the future. For more information on RASI and real estate careers, please visit www.618realtor.com or contact the office at (618) 277-1980 or Membership@myRASI.com.
|Residential Units Year Over Year|
|Residential Units Month Over Month – 2017|
|Year-to-Date Home Sales (January 1 – December 31)|
|Median Home Prices|
|St. Clair||$ 108,000||$ 124,900||$ 114,000||$ 99,200|
|Clinton||$ 113,500||$ 143,000||$ 117,900||$ 130,400|
|Monroe||$ 159,000||$ 193,950||$ 167,950||$ 195,000|
|Randolph||$ 80,000||$ 81,000||$ 72,000||$ 61,000|
|Madison||$ 129,250||$ 125,000||$ 113,000||$ 108,350|
|Macoupin||$ 73,750||$ 84,500||$ 77,750||$ 75,750|
|Jersey||$ 76,000||$ 109,000||$ 103,000||$ 67,000|
|Montgomery||$ 54,500||$ 55,000||$ 57,450||$ 55,000|
|Days on Market|
Archived Housing Market Statistics