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Where the Action Is
What we want to say here is: relocating families need to look first to "where the action is". Then we'll tell you where the action is! You need to look here first, for a variety of reasons:
  • Active communities have more inventory for you to view.
  • Active communities offer much greater resale.
  • Active communities usually offer greater general livability, including more services.
The following chart of "market activity" in various communities tells a lot, (and we'll help interpret it.) Important: "average" prices, market volume, days on market before sale, and ratio of asking to sales prices.

MARKET ACTIVITY BY ADDRESS
2001 - 2003

Community
# Sold
2001
Avg DOM
*
Avg Sale
Price
# Sold
2002
Avg DOM
Avg Sale
Price
# Sold
2003
Avg DOM
Avg Sale
Price
2003 Ratio
List/Sell
O'Fallon 426 * $142,955 463 96 $152,550 524 101 $171,827 99%
Shiloh 113 * $151,169 139 65 $168,271 119 80 $197,916 98%
Combined 539 602 643
Edwardsville 524 * $145,450 493 112 $162,592 508 95 $172,307 98%
Glen Carbon 241 * $159,855 235 107 $171,673 254 104 $181,104 99%
Combined 765 728 762
                     
Fairview Heights 191 * $98,009 207 95 $102,187 244 85 $114,916 98%
Swansea 159 * $121,720 157 102 $140,039 168 89 $148,495 97%
Belleville 938 * $98,641 1,092 106 $104,306 1,067 99 $106,746 98%
Mascoutah 58 * $96,715 47 84 $113,333 63 82 $125,547 99%
Freeburg 18 * $118,406 28 121 $159,858 16 100 $141,394 95%
Lebanon 45 * $117,993 38 157 $115,288 40 110 $127,556 97%
New Baden 41 * $98,730 36 87 $113,374 50 73 $116,319 98%
Trenton 31 * $102,952 45 109 $134,025 31 107 $141,693 99%
Columbia 115 * $165,587 161 115 $179,467 179 115 $189,341 98%
Waterloo 157 * $147,543 160 115 $166,774 146 123 $170,019 98%
Collinsville 413 * $108,129 484 97 $110,581 440 89 $116,107 98%
Troy 210 * $137,937 246 109 $150,907 247 120 $159,155 98%
St. Jacob 27 * $122,541 29 123 $128,302 19 133 $123,271 93%
Marine 26 * $135,766 20 139 $149,565 18 138 $135,175 97%
Highland 206 * $117,213 187 129 $133,668 216 99 $137,954 97%
Triad HS District** 286 * $136,384 323 111 $151,069 304 124 $157,453 98%
 
*A glitch in the system skewed the DOM for 2001.
**Triad HS District includes towns of Troy and St. Jacob and some rural areas.
Information compiled from the MLS by Home Buyer's Relocation Services.
Data prepared 02/05/2004




Information compiled by Home Buyer's Relocation Services.
Data as of February 2004. Sales for a 3 year period.

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The "action" as we've stated elsewhere, is in Edwardsville/Glen Carbon and O'Fallon/Shiloh, (both sister cities with a common school system), Troy, Swansea, Bethalto, and Collinsville, along with parts of Belleville.


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