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Monday, November 25, 2024

Holiday Shores home prices rise in the second half of 2017

Realestate5

The median sale price of a home sold in the second half of 2017 in Holiday Shores rose by $8,500 while total sales decreased by 21.2%, according to BlockShopper.com.

From July through December of 2017, there were 26 homes sold, with a median sale price of $188,500 - a 4.7% increase over the $180,000 median sale price for the same period of the previous year. There were 33 homes sold in Holiday Shores in the second half of 2016.

The median sales tax in Holiday Shores for 2017 was $3,913. In 2016, the median sales tax was $3,456. 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 second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Worden1718-5.6%$201,500$84,450138.6%
Edwardsville2522472%$190,000$190,0000%
Holiday Shores2633-21.2%$188,500$180,0004.7%
Glen Carbon109111-1.8%$188,000$198,000-5.1%
St. Jacob1011-9.1%$186,500$118,00058.1%
Maryville7279-8.9%$185,000$192,000-3.6%
Troy1349738.1%$168,584$168,5000%
Kendall Hill57-28.6%$150,000$167,000-10.2%
Marine616-62.5%$141,500$129,0509.6%
Highland139163-14.7%$134,000$147,644-9.2%
Dorsey6450%$126,600$242,450-47.8%

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