March Closed Sales/ April Available Homes

By
Real Estate Agent with Tammy Mitchell Hines & Co.

Good Afternoon!  We just wanted to give you a quick glance at the market over the past month and a half.  As you will  notice, sales have picked up since our last post. 

We have tabulated 2 charts for you. The first chart shows the homes on the market at the beginning of April.  The other chart shows the homes that sold in March 2009.

As before, each chart is broken down by the city (left column) and the price range (top row).  When I am analyzing our market, I look at many factors. One I consider important is the 'absorption rate'.  This is how many homes are currently on the market compared to how many homes sold last month.  I hope you find this information helpful.  I invite you to call or email with any questions!

Tammy  

 

Listed As of April 1 $100,000 & Under $100,000 -$150,000 $150,000- $200,000 $200,000 - $250,000 $250,000 - $300,000 $300,000 & Above Total
Belleville 180 151 73 38 16 35 493
Cahokia 96 4 0 0 0 0 100
Columbia 6 14 33 18 12 16 99
Dupo 18 19 5 1 1 0 44
Freeburg 0 6 9 5 1 4 25
Millstadt 0 1 13 5 5 6 30
New Baden 8 4 2 7 2 1 24
O'Fallon 27 33 79 33 47 50 269
Red Bud 5 3 6 4 2 3 23
Shiloh 3 7 14 11 16 7 58
Smithton 1 5 8 8 4 14 40
Swansea 11 15 22 10 5 24 87
Valmeyer 0 3 11 4 1 0 19
Waterloo 5 18 29 23 21 20 116
Total 360 283 304 167 133 180 1427
               
Sold in March $100,000 & Under $100,000 -$150,000 $150,000- $200,000 $200,000 - $250,000 $250,000 - $300,000 $300,000 & Above Total
Belleville 28 15 11 2 3 1 60
Cahokia 20 0 0 0 0 0 20
Columbia 0 4 2 2 2 1 11
Dupo 3 1 1 0 0 0 5
Freeburg 0 0 1 0 1 0 2
Millstadt 1 0 0 0 0 0 1
New Baden 1 1 0 0 0 0 2
O'Fallon 4 3 9 3 3 0 22
Red Bud 1 1 1 0 0 0 3
Shiloh 0 0 1 2 3 2 8
Smithton 0 0 1 0 0 0 1
Swansea 2 3 3 2 1 0 11
Valmeyer 0 0 0 0 0 0 0
Waterloo 0 1 3 4 2 0 10
Total 60 29 33 15 15 4 156

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