Bethalto, Illinois Market Update

By
Services for Real Estate Pros with Gateway Holding and Referral Company

Here's a snapshot of the Bethalto real estate market* for the first half of 2008 as compared to the first half of 2007:

 

 

  • 71  homes have sold in the first 6 months of 2008  (down 11% from same time last year)
  • Average marketing time was 128 days  (about three weeks longer than same time last year)
  • Average list price - $145,234  (down 3% from last year)
  • Average sales price - $140,013  (down 5% from last year)

Bethalto homes are selling, on average, at 96% of list price.

The Bethalto real estate market is similar to that of Madison County, in general.  The number of transactions based on the MLS for the first half of this year in Madison County was 1,556 which decreased 16% from the first half of 2007. Average sales price for Madison County is down 5%, while average marketing time was up 10 days. 

*Based on information from the Southwestern Illinois Regional MLS for the period of Jan. 2008 - June 2008.  SIRMLS does not guarantee or is in any way responsible for its accuracy.  Data maintained by SIRMLS may not reflect all real estate activity in the market. 

 

If you would like more information about Bethalto real estate or other local areas, please let me know. Call me direct at (618) 610-1617 or email me at stacie@mybethaltohome.com.

Posted by

Stacie Colclasure

Real advice. Real answers. It's Real Estate simplified. Helping buyers and sellers negotiate and manage their real estate transaction successfully.  

For real estate help in the Bethalto, Wood River, Alton, Godfrey, Edwardsville areas email Stacie at stacie@mybethaltohome.com

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