Home sales increase in latest numbers, Realtors say

SHILOH — The number of homes sold in most of the Metro East increased year-to-date in November compared to the same time last year, according to just-released figures of the Realtor Association of Southwestern Illinois.

Home sales in Montgomery, Monroe and Clinton counties increased by 109.1 percent, 38.1 percent, and 37.5 percent, respectively.

“Nearly every county in the area saw an increase in home sales this November compared to last November,” said Angie Zahn, President of the Realtor group. “These numbers show how strong the real estate market is in the Metro East.”

As for a year-to-date comparison, homes sales in Macoupin, Jersey, and St. Clair counties increased 19.8 percent, 4.8 percent, and 2.8 percent respectively, compared to the year-to-date comparison from November 2016.

Home prices
Home prices saw a rise in November in several counties. St. Clair County home prices rose 17.7 percent compared to November 2016 and Clinton County home prices increased 23.3 percent.

Days on market
Days on market continues to decrease in many counties. St. Clair County homes sold 11 percent faster this November than November 2016 and homes in Monroe sold 64 percent faster at just 10 days on market in November.

Here are the numbers:

rasinovember2017

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