Additional Rooms: Dining Room, Family Room, Full Bath, Half Bath, Main Floor Laundry, Pantry
Designed To Sell Group
Strano & Associates Real Estate 820 W Hwy 50 O Fallon IL 62269 Paul Walker (618) 409-0510 Bruce Canty (618) 541-9900 Bridgid Riebold (618) 541-8300 1-800-871-6737 www.southwestillinoishomes.com paul@swilhomes.com
Why you should not wait to purchase your new home!
If you are trying to time the real estate market, you may miss out on the best opportunity to purchase your new home! There are great opportunities in the real estate market, especially in the new construction industry. Builders are offering tremendous discounts, incentives, options, and prices on their existing inventory. There are still brand new and unsold homes built in 2006 available in the Scott AFB - O'Fallon real estate market
You see, people who already have a home usually need to sell it in order to come up with the down payment for their next home. Even if they don't, they would have to carry the debt and obligations on two homes at the same time. This can create financial hardship, even when you rent out the previous home. There are maintenance costs, renters don't always make their payments on time, the rent may not cover the mortgage and other costs, and sometimes the property may be vacant.
So if you are a move-up buyer and want to purchase your next home during a depressed market, you generally have to sell your current home during that same depressed market. If you want to sell during a boom, then you also have to purchase during the same boom. You are really trading apples for apples and it tends to equal out, and what is better is if you are looking for a bigger and newer home you should be able to save on the purhcase of that home, way more than you will lose on the sale of your smaller existing home.
On the flip side however, if you are wanting to "downsize" from a larger home to a smaller condo or home, you will take the larger "loss" on the sale of your home vs. what you might be able to save on the purchase side, depending on what you are looking to purchase. Many sellers are trying to get away from the higher real estate taxes on the large home that they already are living in, but be careful, because you will find many smaller, less expensive and older homes will have high real estate tax bills too!
Finally, suppose you are a first-time buyer and are thinking if you continue to wait that home prices will become even lower! If you guess wrong, are you going to wait...and wait...and wait...till the next depressed market? If so, you could miss out on loads of savings! You see interest rates on mortages right now are near all time lows, home prices are very flexible and are there are some great buys in the market right now! So are you going to wait until mortgage rates go back up or until home prices begin to climb? You see you will nevermake money in real estate until youfirst buy a home.
Consider this...you need to live somewhere right, you also have tax advantages to owning a home, there is a leverage that you receive by using "other peoples money, ie...the bank or mortgage company" to purchase a home, you begin to enjoy home equity, enjoy the American Dream of home ownership. If you continue to rent, you will be contributing to the wealth of your landlord.
...and if you wait assuming you will guess right about your market timing. Well, in 1996, when the home market was struggling, who would have predicted what the next seven years would bring? You see home prices will go back up, everything has a cycle---right now the real estate market is down, but it really only has one way to go and that is back up. There is and always will be a demand and need for housing. Also, consider this...our prices in the Metro East area of Illinois are bargain prices considering most areas of the country, and our home prices already represent a wonderful value.
If you are considering buying your first home, condo, new construction home, or if you are considering moving up to a larger and more comfortable home (it is cheaper than trying to add on, especially if you "overbuild" for your neighborhood) then please feel free to contact us. You will be glad that you did!
The city of Troy, Illinois is 15 miles northeast of downtown St. Louis. Located at the crossroads of Interstate 55, Illinois Route 162, and U.S 40; Troy's location has played a key role in its history and present growth. Troy Il is located 15 miles north of Scott AFB.
Troy offers a continuing population growth with a mixture of "new and old families", a highly rated school system, and a broadening community support system. Our population has grown from 3,694 in 1980 to an estimated 9,000 residents in 2000. Some Troy families boast at least a fifth generation of residency while others have recently made Troy their new home.
Last year the Troy Illinois real estate market had 145 homes that sold from 1/1/06 thru 6/30/06. The average home sold for $181,446 and was on the market for 117 days. This total includes both re-sale homes and new construction homes.
Status - C
TOT LP:
$8,032,830
HI:
$309,900
LO:
$163,500
MEDIAN:
$214,900
AVG:
$217,104
TOT SP:
$7,980,745
HI:
$305,000
LO:
$162,500
AVG DM:
187
AVG:
$215,696
Property Type - N
TOT LP:
$8,032,830
HI:
$309,900
LO:
$163,500
MEDIAN:
$214,900
AVG:
$217,104
TOT SP:
$7,980,745
HI:
$305,000
LO:
$162,500
AVG DM:
187
AVG:
$215,696
Grand Total:
TOT LP:
$26,781,319
HI:
$505,000
LO:
$42,900
MEDIAN:
$182,900
AVG:
$184,699
TOT SP:
$26,309,615
HI:
$492,500
LO:
$32,000
AVG DM:
117
AVG:
$181,446
Displaying matches 1 through 145 of 145 homes that sold in Troy, Illinois from 1/1/06 thru 6/30/06
This year the Troy, Illinois real estate market has been quite a bit slower as only 87 homes have sold in Troy. The average sales price for both re-sale and new construction is up however to an average of $194,338.
Status - C
TOT LP:
$3,347,104
HI:
$359,000
LO:
$179,900
MEDIAN:
$229,800
AVG:
$239,079
TOT SP:
$3,321,504
HI:
$352,000
LO:
$179,900
AVG DM:
149
AVG:
$237,250
Property Type - N
TOT LP:
$3,347,104
HI:
$359,000
LO:
$179,900
MEDIAN:
$229,800
AVG:
$239,079
TOT SP:
$3,321,504
HI:
$352,000
LO:
$179,900
AVG DM:
149
AVG:
$237,250
Grand Total:
TOT LP:
$17,393,803
HI:
$399,900
LO:
$94,000
MEDIAN:
$191,900
AVG:
$199,929
TOT SP:
$16,907,404
HI:
$384,200
LO:
$85,000
AVG DM:
123
AVG:
$194,338
Displaying matches 1 through 87 of 87 homes sold in Troy, Illinois from 1/1/07 thru 6/30/07
Below shows how many homes that are currently active and available real estate listings in Troy, Illinois
Status - A
TOT LP:
$14,396,790
HI:
$449,000
LO:
$174,900
MEDIAN:
$244,900
AVG:
$257,086
AVG DM:
204
Property Type - N
TOT LP:
$14,396,790
HI:
$449,000
LO:
$174,900
MEDIAN:
$244,900
AVG:
$257,086
AVG DM:
204
Grand Total:
TOT LP:
$37,067,289
HI:
$1,350,000
LO:
$23,000
MEDIAN:
$234,900
AVG:
$248,774
AVG DM:
120
Displaying matches 1 through 149 of 149 of active listings in Troy, Illinois
With only 87 homes selling in Troy, Illinois during the first 6 months of this year that is an average of 14.50 homes per month. Since there are 149 active listings available that represents over a 10 month supply of available homes. If you are looking at selling your home in Troy, Illinois or just have some real estate questions, please don't hesitate to contact Paul Walker at 618-409-0510
Strano GMAC Real Estate, 820 W Hwy 50, O'Fallon IL 62269
Swansea Illinois is located between Belleville Illinois and Fairview Hts. From Swansea Illinois you can get to Scott AFB or to downtown St. Louis in only 20-25 minutes. Swansea Illinois has a population of around 11,000 people.
There was 172 homes that sold in Swansea in 2006.
Status - C
TOT LP:
$6,775,894
HI:
$417,000
LO:
$97,592
MEDIAN:
$182,676
AVG:
$188,219
TOT SP:
$6,576,809
HI:
$390,000
LO:
$97,592
AVG DM:
115
AVG:
$182,689
Property Type - N
TOT LP:
$6,775,894
HI:
$417,000
LO:
$97,592
MEDIAN:
$182,676
AVG:
$188,219
TOT SP:
$6,576,809
HI:
$390,000
LO:
$97,592
AVG DM:
115
AVG:
$182,689
Grand Total:
TOT LP:
$28,691,489
HI:
$499,900
LO:
$38,500
MEDIAN:
$155,450
AVG:
$166,811
TOT SP:
$27,982,909
HI:
$480,000
LO:
$37,000
AVG DM:
96
AVG:
$162,691
Displaying matches 1 through 172 of 172 homes that sold in Swansea from 1/1/06 thru 12/31/06
From 1/1/06 thru 6/30/06 there was 63 Re-Sale Homes that sold in Swansea for an average sale price of $158,008 and 95 days on the market.
Status - C
TOT LP:
$10,115,000
HI:
$399,900
LO:
$38,500
MEDIAN:
$154,900
AVG:
$160,556
TOT SP:
$9,954,500
HI:
$385,000
LO:
$38,500
AVG DM:
95
AVG:
$158,008
Property Type - S
TOT LP:
$10,115,000
HI:
$399,900
LO:
$38,500
MEDIAN:
$154,900
AVG:
$160,556
TOT SP:
$9,954,500
HI:
$385,000
LO:
$38,500
AVG DM:
95
AVG:
$158,008
Grand Total:
TOT LP:
$10,115,000
HI:
$399,900
LO:
$38,500
MEDIAN:
$154,900
AVG:
$160,556
TOT SP:
$9,954,500
HI:
$385,000
LO:
$38,500
AVG DM:
95
AVG:
$158,008
Displaying matches 1 through 63 of 63 Re-Sale Homes Sold in Swansea from 1/1/06 thru 6/30/06
and there was 24 New construction homes that sold during that period in Swansea
Status - C
TOT LP:
$4,066,349
HI:
$321,900
LO:
$97,592
MEDIAN:
$164,900
AVG:
$169,431
TOT SP:
$4,036,245
HI:
$321,900
LO:
$97,592
AVG DM:
123
AVG:
$168,177
Property Type - N
TOT LP:
$4,066,349
HI:
$321,900
LO:
$97,592
MEDIAN:
$164,900
AVG:
$169,431
TOT SP:
$4,036,245
HI:
$321,900
LO:
$97,592
AVG DM:
123
AVG:
$168,177
Grand Total:
TOT LP:
$4,066,349
HI:
$321,900
LO:
$97,592
MEDIAN:
$164,900
AVG:
$169,431
TOT SP:
$4,036,245
HI:
$321,900
LO:
$97,592
AVG DM:
123
AVG:
$168,177
Displaying matches 1 through 24 of 24 New Construction homes sold in Swansea from 1/1/06 thru 6/30/06
Now, lets compare this with the first 6 months of 2007.
Status - C
TOT LP:
$9,196,194
HI:
$439,900
LO:
$9,000
MEDIAN:
$169,900
AVG:
$173,513
TOT SP:
$8,894,500
HI:
$428,000
LO:
$7,200
AVG DM:
108
AVG:
$167,821
Property Type - S
TOT LP:
$9,196,194
HI:
$439,900
LO:
$9,000
MEDIAN:
$169,900
AVG:
$173,513
TOT SP:
$8,894,500
HI:
$428,000
LO:
$7,200
AVG DM:
108
AVG:
$167,821
Grand Total:
TOT LP:
$9,196,194
HI:
$439,900
LO:
$9,000
MEDIAN:
$169,900
AVG:
$173,513
TOT SP:
$8,894,500
HI:
$428,000
LO:
$7,200
AVG DM:
108
AVG:
$167,821
Displaying matches 1 through 53 of 53 of Re-Sale homes sold in Swansea from 1/1/07 thru 6/30/07
Status - C
TOT LP:
$4,638,689
HI:
$491,373
LO:
$170,000
MEDIAN:
$212,466
AVG:
$244,142
TOT SP:
$4,554,828
HI:
$520,444
LO:
$168,000
AVG DM:
108
AVG:
$239,728
Property Type - N
TOT LP:
$4,638,689
HI:
$491,373
LO:
$170,000
MEDIAN:
$212,466
AVG:
$244,142
TOT SP:
$4,554,828
HI:
$520,444
LO:
$168,000
AVG DM:
108
AVG:
$239,728
Grand Total:
TOT LP:
$4,638,689
HI:
$491,373
LO:
$170,000
MEDIAN:
$212,466
AVG:
$244,142
TOT SP:
$4,554,828
HI:
$520,444
LO:
$168,000
AVG DM:
108
AVG:
$239,728
Displaying matches 1 through 19 of 19 New Construction homes sold in Swansea from 1/1/07 thru 6/30/07
We see that the number of Re-Sale Homes sold this year is 53 compared to 63 last year for the first 6 months and only 19 New Construction homes have sold this year compared to 24 last year at this time. The average sales price of homes in Swansea has gone up as follows: Re-sale average price in 2006 was $158,008 and this year has been $167,821 and the average sale price for new construction homes in 2006 was $168,177 and this year the average new construction price has been $239,728. Last year was the final year to build new townhomes and that lowered the average sale price.
The total number of homes that have sold this year is 72 in Swansea and last year 87 homes sold during the first 6 months.
There are 95 active re-sale homes on the market in Swansea, Illinois.
Status - A
TOT LP:
$19,297,250
HI:
$525,000
LO:
$46,900
MEDIAN:
$179,900
AVG:
$203,129
AVG DM:
80
Property Type - S
TOT LP:
$19,297,250
HI:
$525,000
LO:
$46,900
MEDIAN:
$179,900
AVG:
$203,129
AVG DM:
80
Grand Total:
TOT LP:
$19,297,250
HI:
$525,000
LO:
$46,900
MEDIAN:
$179,900
AVG:
$203,129
AVG DM:
80
Displaying matches 1 through 95 of 95 active Re-Sale Homes in Swansea
Status - A
TOT LP:
$4,223,472
HI:
$533,273
LO:
$197,895
MEDIAN:
$280,950
AVG:
$301,677
AVG DM:
113
Property Type - N
TOT LP:
$4,223,472
HI:
$533,273
LO:
$197,895
MEDIAN:
$280,950
AVG:
$301,677
AVG DM:
113
Grand Total:
TOT LP:
$4,223,472
HI:
$533,273
LO:
$197,895
MEDIAN:
$280,950
AVG:
$301,677
AVG DM:
113
Displaying matches 1 through 14 of 14 active New Construction Homes in Swansea
So, there is a total of 109 active homes for buyer's to choose from in Swansea. Since 72 homes sold in the first six months of 2007 that is an average of 12 homes per month.
With the current inventory of 109 homes on the market and selling at a rate of 12 homes per month, there is approx. a 9 month supply of homes in Swansea Illinois.
If you have a home that you would like to sell in Swansea Illinois and would like to find out more about the real estate market and what your home could be worth, please call Paul Walker at 618-409-0510.
Strano GMAC Real Estate, 820 W Hwy 50, O'Fallon Il 62269
Mascoutah, Illinois is a very nice community that is located just southeast of Scott Air Force Base.
Mascoutah has a population of apprx 5900.
Last year in 2006 40 homes sold in Mascoutah, Illinois from 1/01/2006 thru 6/20/2006
There was 26 Re-Sale Homes:
Status - C
TOT LP:
$3,445,700
HI:
$229,000
LO:
$49,600
MEDIAN:
$125,900
AVG:
$132,527
TOT SP:
$3,322,905
HI:
$210,000
LO:
$49,605
AVG DM:
83
AVG:
$127,804
Property Type - S
TOT LP:
$3,445,700
HI:
$229,000
LO:
$49,600
MEDIAN:
$125,900
AVG:
$132,527
TOT SP:
$3,322,905
HI:
$210,000
LO:
$49,605
AVG DM:
83
AVG:
$127,804
Grand Total:
TOT LP:
$3,445,700
HI:
$229,000
LO:
$49,600
MEDIAN:
$125,900
AVG:
$132,527
TOT SP:
$3,322,905
HI:
$210,000
LO:
$49,605
AVG DM:
83
AVG:
$127,804
Displaying matches 1 through 26 of 26 Re-Sale Homes Sold from 1/01/2006 thru 6/20/2006
and 14 New Construction homes sold in Mascoutah, Illinois from 1/01/2006 thru 6/20/2006
Status - C
TOT LP:
$2,969,936
HI:
$289,900
LO:
$129,900
MEDIAN:
$220,500
AVG:
$212,138
TOT SP:
$3,058,847
HI:
$279,847
LO:
$118,500
AVG DM:
130
AVG:
$218,489
Property Type - N
TOT LP:
$2,969,936
HI:
$289,900
LO:
$129,900
MEDIAN:
$220,500
AVG:
$212,138
TOT SP:
$3,058,847
HI:
$279,847
LO:
$118,500
AVG DM:
130
AVG:
$218,489
Grand Total:
TOT LP:
$2,969,936
HI:
$289,900
LO:
$129,900
MEDIAN:
$220,500
AVG:
$212,138
TOT SP:
$3,058,847
HI:
$279,847
LO:
$118,500
AVG DM:
130
AVG:
$218,489
Displaying matches 1 through 14 of 14 New Construction Homes sold from 1/01/2006 thru 6/20/2006
The Re-Sale homes sold for an average of $127,804 and an average of 83 days on the market. The New Construction homes sold for an average of $218,489 and was on the market for an average of 130 days.
So far in 2007 41 homes have sold in Mascoutah Illinois with 19 of those homes being re-sale homes for an average of $144,424 and an average of 97 days on the market and 22 new construction homes for an average of $210,306 and an average of 113 days on the market.
Status - C
TOT LP:
$2,799,000
HI:
$299,900
LO:
$89,000
MEDIAN:
$139,900
AVG:
$147,316
TOT SP:
$2,744,053
HI:
$285,000
LO:
$92,000
AVG DM:
97
AVG:
$144,424
Property Type - S
TOT LP:
$2,799,000
HI:
$299,900
LO:
$89,000
MEDIAN:
$139,900
AVG:
$147,316
TOT SP:
$2,744,053
HI:
$285,000
LO:
$92,000
AVG DM:
97
AVG:
$144,424
Grand Total:
TOT LP:
$2,799,000
HI:
$299,900
LO:
$89,000
MEDIAN:
$139,900
AVG:
$147,316
TOT SP:
$2,744,053
HI:
$285,000
LO:
$92,000
AVG DM:
97
AVG:
$144,424
Displaying matches 1 through 19 of 19 Re-Sale Homes sold from 1/01/2007 thru 6/20/2007
Status - C
TOT LP:
$4,500,685
HI:
$287,894
LO:
$156,900
MEDIAN:
$194,000
AVG:
$204,577
TOT SP:
$4,626,731
HI:
$305,117
LO:
$152,000
AVG DM:
113
AVG:
$210,306
Property Type - N
TOT LP:
$4,500,685
HI:
$287,894
LO:
$156,900
MEDIAN:
$194,000
AVG:
$204,577
TOT SP:
$4,626,731
HI:
$305,117
LO:
$152,000
AVG DM:
113
AVG:
$210,306
Grand Total:
TOT LP:
$4,500,685
HI:
$287,894
LO:
$156,900
MEDIAN:
$194,000
AVG:
$204,577
TOT SP:
$4,626,731
HI:
$305,117
LO:
$152,000
AVG DM:
113
AVG:
$210,306
Displaying matches 1 through 22 of 22 New Construction Homes Sold from 1/01/2007 thru 6/20/2007
So while the number of homes sold so far in 2007 is about the same number as last year, it is new construction homes that are primarily the homes selling as the number of re-sale homes selling has dropped from 26 last year to 19 this year for the same period of time.
There are 57 active listings in Mascoutah on the real estate market.
Status - A
TOT LP:
$5,460,297
HI:
$257,000
LO:
$143,000
MEDIAN:
$185,000
AVG:
$188,286
AVG DM:
84
Property Type - N
TOT LP:
$5,460,297
HI:
$257,000
LO:
$143,000
MEDIAN:
$185,000
AVG:
$188,286
AVG DM:
84
Grand Total:
TOT LP:
$9,332,997
HI:
$375,000
LO:
$59,000
MEDIAN:
$168,000
AVG:
$163,737
AVG DM:
74
Displaying matches 1 through 57 of 57 of active listings in Mascoutah, Illinois
Status - A
TOT LP:
$3,872,700
HI:
$375,000
LO:
$59,000
MEDIAN:
$140,950
AVG:
$138,311
AVG DM:
64
Property Type - S
TOT LP:
$3,872,700
HI:
$375,000
LO:
$59,000
MEDIAN:
$140,950
AVG:
$138,311
AVG DM:
64
Grand Total:
TOT LP:
$3,872,700
HI:
$375,000
LO:
$59,000
MEDIAN:
$140,950
AVG:
$138,311
AVG DM:
64
Displaying matches 1 through 28 of 28 active re-sale homes in Mascoutah, Illinois
Status - A
TOT LP:
$5,460,297
HI:
$257,000
LO:
$143,000
MEDIAN:
$185,000
AVG:
$188,286
AVG DM:
84
Property Type - N
TOT LP:
$5,460,297
HI:
$257,000
LO:
$143,000
MEDIAN:
$185,000
AVG:
$188,286
AVG DM:
84
Grand Total:
TOT LP:
$5,460,297
HI:
$257,000
LO:
$143,000
MEDIAN:
$185,000
AVG:
$188,286
AVG DM:
84
Displaying matches 1 through 29 of 29 active new construction homes in Mascoutah, Illinois
So if 19 re-sale homes have sold in the first 171 days that is 1 re-sale home every 9 days, since there are 28 active re-sale homes on the market and 1 sells every 9 days there is a 252 day supply of homes or apprx an 8.4 month supply of re-sale homes.
On the new construction side of things 22 new construction homes have sold so far or 1 new construction home every 7.77 days, since there are 29 new construction homes on the market there is a 225 day supply of homes or apprx an 7.5 month supply of new construction homes.
If you are thinking about selling your Mascoutah Illinois home and need to know how to price your home to get it sold in time for your move, please call Paul Walker, Strano GMAC Real Estate at 618-409-0510
Belleville Illinois Real Estate Housing Statistics
From the charts below we see that 491 homes sold in Belleville Illinois from 1/1/06 through 6/15/2006, compared to 435 total homes that have sold during the same period this year. The average days on market including re-sale homes and new construction homes has grown from 100 days on market last year to 107 days on the market this year. The average home price however has gone up slightly from an average of $119,811 in 2006 to $125,881 in 2007. Comparing re-sale homes only in 2006 446 re-sale homes sold at an average of $114,074 and 97 days on the market compared to 435 re-sale homes that have sold in 2007 at an average of $116,782 and have taken a little longer to sell with an average days on the market of 107.
New Construction has sold better so far this year with 51 new homes sold in 2007 at an average sales price of $194,391 compared to 45 new homes being sold in Belleville at an average of $176,670 during the same period of Jan 1st through June 15th.
Status - C
TOT LP:
$7,971,558
HI:
$299,090
LO:
$90,000
MEDIAN:
$179,758
AVG:
$177,146
TOT SP:
$7,950,140
HI:
$313,474
LO:
$99,131
AVG DM:
121
AVG:
$176,670
Property Type - N
TOT LP:
$7,971,558
HI:
$299,090
LO:
$90,000
MEDIAN:
$179,758
AVG:
$177,146
TOT SP:
$7,950,140
HI:
$313,474
LO:
$99,131
AVG DM:
121
AVG:
$176,670
Grand Total:
TOT LP:
$60,407,127
HI:
$737,250
LO:
$10,000
MEDIAN:
$113,000
AVG:
$123,029
TOT SP:
$58,827,343
HI:
$650,000
LO:
$10,000
AVG DM:
100
AVG:
$119,811
Displaying matches 1 through 491 of 491 Re-sale and New Construction Homes
From 1/1/06 through 6/15/2006
Status - C
TOT LP:
$52,435,569
HI:
$737,250
LO:
$10,000
MEDIAN:
$109,500
AVG:
$117,569
TOT SP:
$50,877,203
HI:
$650,000
LO:
$10,000
AVG DM:
97
AVG:
$114,074
Property Type - S
TOT LP:
$52,435,569
HI:
$737,250
LO:
$10,000
MEDIAN:
$109,500
AVG:
$117,569
TOT SP:
$50,877,203
HI:
$650,000
LO:
$10,000
AVG DM:
97
AVG:
$114,074
Grand Total:
TOT LP:
$52,435,569
HI:
$737,250
LO:
$10,000
MEDIAN:
$109,500
AVG:
$117,569
TOT SP:
$50,877,203
HI:
$650,000
LO:
$10,000
AVG DM:
97
AVG:
$114,074
Displaying matches 1 through 446 of 446 Re-Sale Only Homes
From 1/1/06 through 6/15/2006
Status - C
TOT LP:
$7,971,558
HI:
$299,090
LO:
$90,000
MEDIAN:
$179,758
AVG:
$177,146
TOT SP:
$7,950,140
HI:
$313,474
LO:
$99,131
AVG DM:
121
AVG:
$176,670
Property Type - N
TOT LP:
$7,971,558
HI:
$299,090
LO:
$90,000
MEDIAN:
$179,758
AVG:
$177,146
TOT SP:
$7,950,140
HI:
$313,474
LO:
$99,131
AVG DM:
121
AVG:
$176,670
Grand Total:
TOT LP:
$7,971,558
HI:
$299,090
LO:
$90,000
MEDIAN:
$179,758
AVG:
$177,146
TOT SP:
$7,950,140
HI:
$313,474
LO:
$99,131
AVG DM:
121
AVG:
$176,670
Displaying matches 1 through 45 of 45 New Construction Only Homes
From 1/1/06 through 6/15/2006
Status - C
TOT LP:
$10,143,918
HI:
$365,900
LO:
$110,000
MEDIAN:
$188,900
AVG:
$198,900
TOT SP:
$9,913,957
HI:
$361,000
LO:
$108,490
AVG DM:
110
AVG:
$194,391
Property Type - N
TOT LP:
$10,143,918
HI:
$365,900
LO:
$110,000
MEDIAN:
$188,900
AVG:
$198,900
TOT SP:
$9,913,957
HI:
$361,000
LO:
$108,490
AVG DM:
110
AVG:
$194,391
Grand Total:
TOT LP:
$56,239,904
HI:
$539,900
LO:
$9,900
MEDIAN:
$114,900
AVG:
$129,287
TOT SP:
$54,758,285
HI:
$500,000
LO:
$9,900
AVG DM:
107
AVG:
$125,881
Displaying matches 1 through 435 of 435 Re-Sale and New Construction Homes
From 1/1/07 through 6/15/2007
Status - C
TOT LP:
$46,095,986
HI:
$539,900
LO:
$9,900
MEDIAN:
$107,400
AVG:
$120,042
TOT SP:
$44,844,328
HI:
$500,000
LO:
$9,900
AVG DM:
107
AVG:
$116,782
Property Type - S
TOT LP:
$46,095,986
HI:
$539,900
LO:
$9,900
MEDIAN:
$107,400
AVG:
$120,042
TOT SP:
$44,844,328
HI:
$500,000
LO:
$9,900
AVG DM:
107
AVG:
$116,782
Grand Total:
TOT LP:
$46,095,986
HI:
$539,900
LO:
$9,900
MEDIAN:
$107,400
AVG:
$120,042
TOT SP:
$44,844,328
HI:
$500,000
LO:
$9,900
AVG DM:
107
AVG:
$116,782
Displaying matches 1 through 384 of 384 Re-Sale Only Homes
From 1/1/07 through 6/15/2007
Status - C
TOT LP:
$10,143,918
HI:
$365,900
LO:
$110,000
MEDIAN:
$188,900
AVG:
$198,900
TOT SP:
$9,913,957
HI:
$361,000
LO:
$108,490
AVG DM:
110
AVG:
$194,391
Property Type - N
TOT LP:
$10,143,918
HI:
$365,900
LO:
$110,000
MEDIAN:
$188,900
AVG:
$198,900
TOT SP:
$9,913,957
HI:
$361,000
LO:
$108,490
AVG DM:
110
AVG:
$194,391
Grand Total:
TOT LP:
$10,143,918
HI:
$365,900
LO:
$110,000
MEDIAN:
$188,900
AVG:
$198,900
TOT SP:
$9,913,957
HI:
$361,000
LO:
$108,490
AVG DM:
110
AVG:
$194,391
Displaying matches 1 through 51 of 51 New Construction Only Homes
From 1/1/07 through 6/15/2007
There are 492 Active Listings in Belleville Illinois as of 6/15/2007. See the chart below!
Status - A
TOT LP:
$8,807,845
HI:
$379,000
LO:
$88,000
MEDIAN:
$170,950
AVG:
$183,497
AVG DM:
104
Property Type - N
TOT LP:
$8,807,845
HI:
$379,000
LO:
$88,000
MEDIAN:
$170,950
AVG:
$183,497
AVG DM:
104
Grand Total:
TOT LP:
$74,844,423
HI:
$899,900
LO:
$17,500
MEDIAN:
$137,500
AVG:
$152,123
AVG DM:
82
Displaying matches 1 through 492 of 492
with an average list price of $152,123 and an average days on the market of 82.
There are 137 homes that are sale pending, with an average of $141,962 as the list price, of which 19 are New Construction Homes at an average of $208,202 and 118 Re-Sale Homes at an average list price of $131,297.
Status - P
TOT LP:
$3,955,847
HI:
$349,000
LO:
$102,000
MEDIAN:
$185,900
AVG:
$208,202
AVG DM:
118
Property Type - N
TOT LP:
$3,955,847
HI:
$349,000
LO:
$102,000
MEDIAN:
$185,900
AVG:
$208,202
AVG DM:
118
Grand Total:
TOT LP:
$19,448,837
HI:
$379,000
LO:
$32,000
MEDIAN:
$126,500
AVG:
$141,962
AVG DM:
101
Displaying matches 1 through 137 of 137 Re-Sale and New Construction Homes that are sale pending
Status - P
TOT LP:
$3,955,847
HI:
$349,000
LO:
$102,000
MEDIAN:
$185,900
AVG:
$208,202
AVG DM:
118
Property Type - N
TOT LP:
$3,955,847
HI:
$349,000
LO:
$102,000
MEDIAN:
$185,900
AVG:
$208,202
AVG DM:
118
Grand Total:
TOT LP:
$3,955,847
HI:
$349,000
LO:
$102,000
MEDIAN:
$185,900
AVG:
$208,202
AVG DM:
118
Displaying matches 1 through 19 of 19 New Construction Homes that are sale pending
Status - P
TOT LP:
$15,492,990
HI:
$379,000
LO:
$32,000
MEDIAN:
$116,000
AVG:
$131,297
AVG DM:
98
Property Type - S
TOT LP:
$15,492,990
HI:
$379,000
LO:
$32,000
MEDIAN:
$116,000
AVG:
$131,297
AVG DM:
98
Grand Total:
TOT LP:
$15,492,990
HI:
$379,000
LO:
$32,000
MEDIAN:
$116,000
AVG:
$131,297
AVG DM:
98
Displaying matches 1 through 118 of 118 of Re-Sale Only Homes that are sale pending.
If you need a Realtor(r) that can help you make sense of the real estate market and to get you to where you need to be on time. Please contact Paul Walker, Strano GMAC Real Estate, 820 W Hwy 50, O'Fallon IL 62269 at 618-409-0510.
The O'Fallon Illinois real estate market is flooded with listings, and we have been in pretty much a "Buyers Market" since last summer if not a little before. O'Fallon Illinois is located near Scott Air Force Base.
There are a total of 306 listed homes on the market including 90 new construction homes. So you can see that there are a lot of homes for buyers to choose from.
Status - A
TOT LP:
$49,103,668
HI:
$1,195,000
LO:
$15,000
MEDIAN:
$209,900
AVG:
$224,218
AVG DM:
68
Property Type - S
TOT LP:
$49,103,668
HI:
$1,195,000
LO:
$15,000
MEDIAN:
$209,900
AVG:
$224,218
AVG DM:
68
216 Re-Sale Homes
Status - A
TOT LP:
$20,288,942
HI:
$399,900
LO:
$65,900
MEDIAN:
$236,000
AVG:
$233,206
AVG DM:
158
Property Type - N
TOT LP:
$20,288,942
HI:
$399,900
LO:
$65,900
MEDIAN:
$236,000
AVG:
$233,206
AVG DM:
158
Grand Total:
TOT LP:
$69,392,610
HI:
$1,195,000
LO:
$15,000
MEDIAN:
$219,556
AVG:
$226,773
AVG DM:
93
90 New Construction Homes
The Grand Total represents both Re-Sale Homes and New Construction Homes
Over the last 12 months in O'Fallon there has been a total of 551 homes sold (June 06 thru May 07). The graph below shows the Median Sale Price, Average Sale Price and the average days on market.
Status - C
TOT LP:
$78,498,117
HI:
$1,195,000
LO:
$24,900
MEDIAN:
$183,400
AVG:
$189,609
TOT SP:
$76,477,376
HI:
$1,050,000
LO:
$12,500
AVG DM:
89
AVG:
$184,728
Property Type - S
TOT LP:
$78,498,117
HI:
$1,195,000
LO:
$24,900
MEDIAN:
$183,400
AVG:
$189,609
TOT SP:
$76,477,376
HI:
$1,050,000
LO:
$12,500
AVG DM:
89
AVG:
$184,728
414 Re-Sale Homes sold
Status - C
TOT LP:
$36,006,119
HI:
$504,000
LO:
$151,700
MEDIAN:
$258,801
AVG:
$262,818
TOT SP:
$36,240,085
HI:
$539,902
LO:
$155,629
AVG DM:
169
AVG:
$264,526
Property Type - N
TOT LP:
$36,006,119
HI:
$504,000
LO:
$151,700
MEDIAN:
$258,801
AVG:
$262,818
TOT SP:
$36,240,085
HI:
$539,902
LO:
$155,629
AVG DM:
169
AVG:
$264,526
Grand Total:
TOT LP:
$114,504,236
HI:
$1,195,000
LO:
$24,900
MEDIAN:
$210,900
AVG:
$207,812
TOT SP:
$112,717,461
HI:
$1,050,000
LO:
$12,500
AVG DM:
109
AVG:
$204,569
137 New Construction Homes Sold
Grand Total represents both Re-Sale and New Construction Homes than have sold
There are 78 Re-Sale homes that are under contract. See graph below.
Status - P
TOT LP:
$14,914,599
HI:
$419,900
LO:
$64,900
MEDIAN:
$223,900
AVG:
$219,332
AVG DM:
60
Status - K
TOT LP:
$2,758,800
HI:
$799,900
LO:
$64,500
MEDIAN:
$222,450
AVG:
$275,880
AVG DM:
65
Property Type - S
TOT LP:
$17,673,399
HI:
$799,900
LO:
$64,500
MEDIAN:
$223,900
AVG:
$226,582
AVG DM:
60
Grand Total:
TOT LP:
$17,673,399
HI:
$799,900
LO:
$64,500
MEDIAN:
$223,900
AVG:
$226,582
AVG DM:
60
And there are 41 New Construction Homes that are under contract See graph below.
Status - P
TOT LP:
$9,808,308
HI:
$545,000
LO:
$180,750
MEDIAN:
$246,489
AVG:
$258,113
AVG DM:
131
Status - K
TOT LP:
$673,680
HI:
$230,000
LO:
$215,780
MEDIAN:
$227,900
AVG:
$224,560
AVG DM:
89
Property Type - N
TOT LP:
$10,481,988
HI:
$545,000
LO:
$180,750
MEDIAN:
$241,200
AVG:
$255,658
AVG DM:
128
Grand Total:
TOT LP:
$10,481,988
HI:
$545,000
LO:
$180,750
MEDIAN:
$241,200
AVG:
$255,658
AVG DM:
128
Looking at the total market over the last year with a total of 551 homes that sold in all price ranges that equals an average of 45.91 homes per month. Since there are 306 homes on the market (not including FSBO, and new construction by builder) there is a 6.66 month supply of homes in general.
Now, lets look at a specific market range of $225,000 to $265,000.
Status - A
TOT LP:
$8,568,100
HI:
$264,900
LO:
$225,000
MEDIAN:
$245,000
AVG:
$244,803
AVG DM:
75
Property Type - S
TOT LP:
$8,568,100
HI:
$264,900
LO:
$225,000
MEDIAN:
$245,000
AVG:
$244,803
AVG DM:
75
Grand Total:
TOT LP:
$8,568,100
HI:
$264,900
LO:
$225,000
MEDIAN:
$245,000
AVG:
$244,803
AVG DM:
75
Displaying matches 1 through 35 of 35 of Re-Sale Homes
Status - A
TOT LP:
$9,428,839
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,000
AVG:
$241,765
AVG DM:
126
Property Type - N
TOT LP:
$9,428,839
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,000
AVG:
$241,765
AVG DM:
126
Grand Total:
TOT LP:
$9,428,839
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,000
AVG:
$241,765
AVG DM:
126
Displaying matches 1 through 39 of 39 of New Construction Homes
You can see that there are 74 total homes on the market in O'Fallon Illinois in the price range of $225,000 to $265,000 (not including FSBO and new construction by builder)
Status - C
TOT LP:
$14,724,213
HI:
$262,500
LO:
$225,900
MEDIAN:
$245,000
AVG:
$245,404
TOT SP:
$14,441,000
HI:
$265,900
LO:
$219,000
AVG DM:
98
AVG:
$240,683
Property Type - S
TOT LP:
$14,724,213
HI:
$262,500
LO:
$225,900
MEDIAN:
$245,000
AVG:
$245,404
TOT SP:
$14,441,000
HI:
$265,900
LO:
$219,000
AVG DM:
98
AVG:
$240,683
Grand Total:
TOT LP:
$14,724,213
HI:
$262,500
LO:
$225,900
MEDIAN:
$245,000
AVG:
$245,404
TOT SP:
$14,441,000
HI:
$265,900
LO:
$219,000
AVG DM:
98
AVG:
$240,683
Displaying matches 1 through 60 of 60 of Re-Sale Homes
Status - C
TOT LP:
$11,513,079
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,080
AVG:
$244,959
TOT SP:
$11,613,612
HI:
$294,286
LO:
$216,250
AVG DM:
167
AVG:
$247,098
Property Type - N
TOT LP:
$11,513,079
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,080
AVG:
$244,959
TOT SP:
$11,613,612
HI:
$294,286
LO:
$216,250
AVG DM:
167
AVG:
$247,098
Grand Total:
TOT LP:
$11,513,079
HI:
$265,000
LO:
$225,000
MEDIAN:
$243,080
AVG:
$244,959
TOT SP:
$11,613,612
HI:
$294,286
LO:
$216,250
AVG DM:
167
AVG:
$247,098
Displaying matches 1 through 47 of 47 of New Construction Homes
From the the numbers above we see that a total of 107 homes sold in O'Fallon Illinois priced between $225,000 and $265,000. With 107 homes sold in the last 12 months in that price range that averages to 8.916 homes per month. Since there are 74 current listings in that price range (not including FSBO and new construction by builder) that is a 8.299 month supply of homes in that price range. (74 homes divided by 8.916 homes per month equals 8.29 month supply)
So what can we conclude from these numbers. Well, we know that buyers can and are being very selective about which home to purchase, so if you are a seller in today's buyers market you need your home to stand out. It has to be "market ready" in it's appearance. You live in your home one way, but you have to market your home a different way. It has to show like a model display home as much as possible. It also, has to be priced to the "front of the line". You can't price it too high and expect offers to come in. You know just because your home is listed doesn't mean that it will sell. Not if it is overpriced! Buyers are only willing to pay todays market price. Your home may not sell for as much today, as it would have last year. You also have to price it with the idea in mind of "How soon do I need to be where I'm moving and have this home sold by then". You see there can be a 30 day quick sale price, a 90 day price or a 8 month price, but if you have an 8 month price on your home and you need it sold and closed in 60 or 90 days, well guess what? You need to be realistic in choosing your list price.
If you would like more information about how we can help to market your home. Please contact us and ask about our "29 Step Smooth Move" program, designed to get you to where you are moving in time!
Designed To Sell Group
Strano GMAC Real Estate 820 W Hwy 50 O Fallon IL 62269 Paul Walker (618) 409-0510 Bruce Canty (618) 541-9900 Bridgid Riebold (618) 541-8300 1-800-871-6737 http://www.southwestillinoishomes.com/
Scott Air Force Base covers 3589 Acres and has 980 Buildings. Population: About 3350 people live on base in 1,420 family housing units and four dormitories. More than 34,000 military and civillian personnel and their families live on and off the base. The base serves about 14,000 military retirees and their families. About 81 percent of active duty military members live off base; about 19 percent live in housing on base. Employees: The base has 12,684 employees. Of them 5,185 are active duty, 1,1104 are Air Force Reservists, 870 are Air National Guard and 5,5525 are civilians. Economics: The estimated dollar value of jobs created by Scott Air Force Base, including active duty, reservists, cevilian and contractors, is $233 million yearly. The gross total payroll generated by Scott Air Force Base is $927 million yearly. The total value of the land, aircraft, equipment, inventories and retail sales at the base is $3.5 billion yearly.
Scott Air Force Base is one of the nation's oldest Air Force bases. It is just outside Shiloh, IL and Bellevile, about 20 minutes from St. Louis, Missouri.
Scott Air Force Base is home to two major military headquarters: The Air Mobility Command and the U.S. Transportation Command. The U.S. Transportation is the umbrella that covers Air Mobility Command, The Army's Military Traffic Management command and the Navy's Military Sealift. Other tenants at Scott Air Force Base include: The 18th Air Force Headquarters, the 932nd Air Force Reserve Airlift Wing, the Air Foce Communications Agency, the Defense Information Systems Agency, the Defense Information Technology Contracting Office, the Global Patient Movement Requirements Center and the 126th Air Refueling Wing of the Air National Guard.
Scott Air Force Base injects more than $2.1 billion into the local economy and affects the lives and livelihoods of more than 100,000 people in the St. Louis, Missouri metropolitan region.
Use this site to search and find all of the Southwest Illinois real estate listings or homes for sale in St. Clair County and Madison County communites near Scott Air Force Base (SAFB), O'Fallon, Belleville, Fairview Heights, Shiloh, Swansea, Mascoutah, Lebanon, Freeburg, Smithton, Troy, Maryville, Glen Carbon, Edwardsville and Collinsville. Search all the latest properties for sale, community information, lender information, school information, free buyer and seller reports, and answers to commonly asked real estate questions, and more. Moving to Scott AFB call Paul at 618-409-0510. Let Paul handle your military relocation needs, put him to work as your Scott AFB area home buyers agent.
2127 E Belle Belleville IL 62221 4 Units 2480 Sqft.
Listing # 2616987
Multi Family Home New roof Fall 2004, Several new appliances. Shares dumpster with 2131 and 2135 East Belle Avenue. Unit A $350 Unit B $335, Unit C vacant will rent for $350, Unit D $325. Security light on Premises. Seller pays Lawn $1000 yr, Trash $444 year, Security Light $336 year.
Local home sales numbers are down throughout most of the St. Louis Metro-East and for the first time in many years, prices are starting to fall.
Here are the statitics for St. Clair County, Madison County and Monroe County Illinois for the last 3 years for home sales
County 2006 2005 2004
St. Clair 933(+5.6%) 833 (-6.2%) 942
Madison 1022(-3.8%) 1063 (11.1%) 1197
Monroe 105(-3.7%) 109 (-5.2%) 115
Second quarter figures recorded ove the past three years indicate a decline in each metro-east county since 2004. Madison County home sales are down by almost 15% and Monroe County sales have dropped by almost 9%. St. Clair County has witnessed an increase of 5.6% since last year after a 6.2% decrease between 2004 and 2005.
Analysts say year-over-year price decreases are a more serious sign of a slumping housing market and have contributed to a record inventory of home. Most recently in St. Clair county the medium home price has dropped from $138,250 in August 2005 to $129,900 in August 2006, which represents a 6% decrease in home prices.
If you are looking to buy, now may be a good time to enter the market. Mortgage rates have been declining over the last several months but show signals that they may be increasing again in the near future. It is a definite buyers market with a lot of inventory to choose from.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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