From January through March of 2017, there were 16 homes sold, with a median sale price of $161,500 - a 1% decrease over the $163,075 median sale price for the same period of the previous year. There were 16 homes sold in Holiday Shores in the first quarter of 2016, as well.
The median sales tax in Holiday Shores for 2017 was $3,913.08. In 2016, the median sales tax was $3,456.50. This marks an increase of 13.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Holiday Shores to other Madison County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| New Douglas | 1 | 1 | 0% | $312,500 | $89,000 | 251.1% |
| Glen Carbon | 57 | 40 | 42.5% | $191,000 | $177,250 | 7.8% |
| Dorsey | 2 | 0 | - | $190,500 | $0 | - |
| Maryville | 18 | 14 | 28.6% | $188,000 | $174,950 | 7.5% |
| Troy | 44 | 38 | 15.8% | $162,250 | $159,000 | 2% |
| Holiday Shores | 16 | 16 | 0% | $161,500 | $163,075 | -1% |
| Brooks | 1 | 0 | - | $160,000 | $0 | - |
| Kendall Hill | 1 | 2 | -50% | $157,000 | $113,625 | 38.2% |
| St. Jacob | 4 | 3 | 33.3% | $154,000 | $60,000 | 156.7% |
| Edwardsville | 83 | 117 | -29.1% | $148,359 | $165,000 | -10.1% |
| Marine | 3 | 7 | -57.1% | $125,000 | $78,000 | 60.3% |
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