It's the question everyone is asking nationally. How bad is the real estate market? Never forget the old saw: "All real estate is local." And statistics released today can help put everything in perspective.
According to the Southwestern Illinois Regional MLS, the average sale price on a home in our region fell by just two percent between April 2007 and April 2008. The average number of days a home stayed on the market rose from 122 in 2007 to 130 in 2008 and the list-to-sell ratio is at 95 percent versus 97 percent in 2007. All in all, not the dire drop discussed in the media.
So what are you waiting for? Call me and let's buy or sell something!
About Us
- Nancy Milton & Kristina Pratt
- Madison County, Illinois
- Thanks for visiting our Madison County real estate blog. Nancy Milton and Kristina Pratt are REALTORS with Coldwell Banker Brown Realtors in Edwardsville, Illinois. We work with home buyers and sellers as well as investors and rehabbers. Whether you're a first-time buyer, stepping up, downsizing, rightsizing or looking for an investment property that works as hard as you do, we can help. Our customers are buying homes and properties in the Madison County, Illinois communities of Edwardsville, Glen Carbon, Collinsville, Maryville, Granite City, Bethalto, Wood River and other cities and villages across the Southwestern Illinois region of the greater St. Louis metro area. Contact Nancy at 618-791-8007,or send an e-mail to Nancy.Milton@ColdwellBanker.com. Call Kristina at 618-917-0775 or contact Kristina.Pratt@ColdwellBanker.com.
You can find great local Edwardsville, Illinois real estate information on Localism.com Nancy Milton, REALTOR, GRI is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
