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Monday, December 23, 2024

Holiday Shores home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Holiday Shores rose by $7,438.50 while total sales decreased by 30.8%, according to BlockShopper.com.

From July through September of 2017, there were 18 homes sold, with a median sale price of $188,500 - a 4.1% increase over the $181,061.50 median sale price for the same period of the previous year. There were 26 homes sold in Holiday Shores in the third quarter of 2016.

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 2.1%.

The following table compares Holiday Shores to other Madison County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Marine212-83.3%$267,500$143,50086.4%
Worden9812.5%$210,000$99,950110.1%
Edwardsville136140-2.9%$194,450$184,5005.4%
Holiday Shores1826-30.8%$188,500$181,061.504.1%
St. Jacob550%$188,000$118,00059.3%
Maryville3750-26%$185,000$191,000-3.1%
Glen Carbon5770-18.6%$183,000$199,250-8.2%
Moro613-53.8%$174,950.50$142,00023.2%
Troy784573.3%$174,950$162,0008%
Dorsey23-33.3%$167,250$284,900-41.3%
Kendall Hill45-20%$159,000$169,900-6.4%

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