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.
Would you like to be emailed when the latest stats are available? Email Stats@myRASI.com and we will add you to the list!
Key Housing Market Statistics in the Metro-East Released
SHILOH, IL – Through the cold weather the real estate market stayed hot in January in the Metro-East.
The number of homes sold in most of the Metro-East increased in January of this year compared to the same time last year. Home sales in St. Clair, Madison, and Clinton counties increased by 7.1 percent, 24.4 percent, and 128.6 percent, respectively.
“We are pleased to start off 2018 strong,” said Angie Zahn, President of the REALTOR® Association of Southwestern Illinois. “These numbers show how the real estate market in the Metro-East has grown and continues to do so.”
As for a year-to-date comparison, homes sales in Montgomery, Monroe, and Macoupin Counties increased 5.6 percent, 66.7 percent, and 26.7 percent respectively, compared to the year-to-date comparison from January 2017.
Home prices in St. Clair County rose 16.4 percent compared to January of 2017. Other Counties in the Metro-East that had home prices increase include Clinton, Randolph, and Montgomery with increases of 36 percent, 95.1 percent, and 17.6 percent, respectively.
Days On Market
Days on market continue to decrease in the Metro-East. Clinton County homes sold 29 percent faster this January than January 2017 and homes in Jersey County sold 37 percent faster at just 40 days on market in January.
Complete statistics below.
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 – 2018|
|Year-to-Date Home Sales (January 1 – January 31)|
|Average Home Prices|
|St. Clair||$ 129,651||$ 108,589||$ 136,340||$ 107,768|
|Clinton||$ 125,632||$ 92,343||$ 107,792||$ 108,598|
|Monroe||$ 241,580||$ 242,252||$ 138,387||$ 198,293|
|Randolph||$ 95,940||$ 49,167||$ 70,794||$ 131,900|
|Madison||$ 131,981||$ 132,494||$ 144,337||$ 134,870|
|Macoupin||$ 109,075||$ 111,253||$ 50,257||$ 116,524|
|Jersey||$ 97,752||$ 122,600||$ 87,756||$ 118,546|
|Montgomery||$ 117,623||$ 100,049||$ 68,053||$ 64,544|
|Days on Market|
Archived Housing Market Statistics