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Monday, November 25, 2024

Holiday Shores home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Holiday Shores rose by $48,250 while total sales increased by 14.3%, according to BlockShopper.com.

From October through December of 2017, there were eight homes sold, with a median sale price of $188,250 - a 34.5% increase over the $140,000 median sale price for the same period of the previous year. There were seven homes sold in Holiday Shores in the fourth 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 fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Glen Carbon524126.8%$193,250$197,900-2.3%
Worden810-20%$192,250$50,150283.3%
Edwardsville1161078.4%$188,500$196,000-3.8%
Holiday Shores8714.3%$188,250$140,00034.5%
St. Jacob56-16.7%$185,000$148,00025%
Maryville352920.7%$185,000$195,000-5.1%
Grantfork110%$182,900$44,000315.7%
Troy56527.7%$148,200$177,750-16.6%
Kendall Hill12-50%$142,900$85,08068%
Highland72669.1%$131,666.50$152,000-13.4%
Alhambra550%$125,800$95,90031.2%

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