From Illinois Business Journal News Services
BELLEVILLE – The Realtors Association of Southwestern Illinois has released the November 2015 Metro East housing statistics. St. Clair, Monroe, Clinton, and Randolph counties again reported an increase in year-to-date home sales in November 2015 compared to November 2014.
2015 is proving to be a stellar year for sales. Compared to November 2014, Realtors in St. Clair County sold 8.1 percent more home sales year-to-date this November. In that same comparison, Clinton County reported an 8.3 percent increase, while Realtors in Monroe County sold the same amount of homes year-to-date. Randolph County recorded a 3.13 percent increase in year-to-date home sales in November 2015 compared to November 2014.
“Summing up the second to last month of this year and seeing positive numbers in our year-to-date home sales is exciting,” said Doug Payne, president of the Realtors Association of Southwestern Illinois. “We are eager to see the positive impact of home sales continue into 2016. We look forward to continuing our dedication to the community through our drives and work with local charitable organizations. As an Association of professionals, we strive to make our communities a better place, as we not only work here, but we live here, too.”
On another positive note, median home prices in the Metro East recorded positive increases in November 2015 compared to November of last year. Compared to November 2014, Randolph County reported a 34 percent increase in median home price for November 2015, while Monroe County reported 11 percent increase in median home price in November 2015. Realtors in St. Clair County reported an increase of 10 percent in median home price compared to last year. Following suit, Clinton County recorded 12.3 percent increase in median home price in November 2015 compared to November 2014.
The housing statistics are as follows (statistics provided by the SIR/MLS, Inc. and the Illinois Association of Realtors):