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Troy IL Real Estate Market Report

By
Real Estate Agent with Equity Fifty Five Realty, LLC

It's a great time to buy a home or to invest in real estate! Check out the homes for sale in Troy IL

There are currently 94 active "re-sale" homes in Troy IL

Status - A TOT LP: $19,217,690 HI: $449,900 LO: $49,000 MEDIAN: $194,900 AVG: $204,444 AVG DM/CDM: 107/151  
Property Type - S TOT LP: $19,217,690 HI: $449,900 LO: $49,000 MEDIAN: $194,900 AVG: $204,444 AVG DM/CDM: 107/151  
Grand Total: TOT LP: $19,217,690 HI: $449,900 LO: $49,000 MEDIAN: $194,900 AVG: $204,444 AVG DM/CDM: 107/151  

Displaying matches 1 through 94 of 94

They have an average list price of $204,444 and have an average days on the market of 107. Home prices range from $49,000 to a high list price of $449,900

So far this year from 1/1/10 thru 8/31/10 there has been 86 "re-sale" homes that have sold in Troy IL

Status - C TOT LP: $15,613,785 HI: $350,000 LO: $16,900 MEDIAN: $179,900 AVG: $181,556
  TOT SP: $14,863,750 HI: $335,000 LO: $15,000 AVG DM/CDM: 163/186 AVG: $172,834
Property Type - S TOT LP: $15,613,785 HI: $350,000 LO: $16,900 MEDIAN: $179,900 AVG: $181,556
  TOT SP: $14,863,750 HI: $335,000 LO: $15,000 AVG DM/CDM: 163/186 AVG: $172,834
Grand Total: TOT LP: $15,613,785 HI: $350,000 LO: $16,900 MEDIAN: $179,900 AVG: $181,556
  TOT SP: $14,863,750 HI: $335,000 LO: $15,000 AVG DM/CDM: 163/186 AVG: $172,834




Displaying matches 1 through 86 of 86

They have sold for an average sales price of $172,834 and had an average listing price of $181,556, so on average each seller came down just under 5% from the listing price they asked for. Since only 86 homes have sold thus far in Troy during the first 8 months of 2010 and there are 94 active listings, then we have over an 8 month supply of "re-sale" homes on the market, making it a buyers market, and with extra low interest rates, it certainly is a wonderful time to buy a home.

There are many New Construction homes for sale in Troy IL as well. There are 13 New Construction Homes for sale in Troy IL in our MLS.

Status - A TOT LP: $3,607,705 HI: $429,900 LO: $174,900 MEDIAN: $269,900 AVG: $277,516 AVG DM/CDM: 154/259  
Property Type - N TOT LP: $3,607,705 HI: $429,900 LO: $174,900 MEDIAN: $269,900 AVG: $277,516 AVG DM/CDM: 154/259  
Grand Total: TOT LP: $3,607,705 HI: $429,900 LO: $174,900 MEDIAN: $269,900 AVG: $277,516 AVG DM/CDM: 154/259  




Displaying matches 1 through 13 of 13

These new construction homes have an average listing price of $277,516 and the average new construction home has sold for $209,315 while the average list price of the sold properties was $236,557

Status - C TOT LP: $4,435,226 HI: $415,996 LO: $149,900 MEDIAN: $190,000 AVG: $211,201
  TOT SP: $4,395,611 HI: $415,996 LO: $149,900 AVG DM/CDM: 162/195 AVG: $209,315
Property Type - N TOT LP: $8,042,931 HI: $429,900 LO: $149,900 MEDIAN: $226,950 AVG: $236,557
  TOT SP: $4,395,611 HI: $415,996 LO: $149,900 AVG DM/CDM: 159/219 AVG: $209,315
Grand Total: TOT LP: $8,042,931 HI: $429,900 LO: $149,900 MEDIAN: $226,950 AVG: $236,557
  TOT SP: $4,395,611 HI: $415,996 LO: $149,900 AVG DM/CDM: 159/219 AVG: $209,315




Displaying matches 1 through 34 of 34

There has been 34 New construction homes that have sold from 1/1/10 thru 8/31/10 in Troy IL.

Troy, IL is located in Madison County along interstates 55 and 70 as well as interstate 270, so there is very good access to downtown St. Louis, MO which is apprx a 20-25 minute drive. Also Troy, IL is located apprx 15 mile north of Scott AFB, IL.

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