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Sunday, November 24, 2024

Swansea home prices fall in August 2018

Realestate4

The median sale price of a home sold in August 2018 in Swansea fell by $24,000 while total sales decreased by 15.8%, according to BlockShopper.com.

In August 2018, there were 16 homes sold, with a median sale price of $156,000 - a 13.3% decrease over the $180,000 median sale price for the same period of the previous year. There were 19 homes sold in Swansea in August 2017.

The median sales tax in Swansea for the most recent year with available data, 2016, was $3,664, approximately 2.3% of the median home sale price for August 2018.

The following table compares Swansea to other St. Clair County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
O'Fallon5964-7.8%$200,000$194,0003.1%
Smithton141040%$198,250$161,50022.8%
Millstadt510-50%$174,000$222,500-21.8%
Shiloh272128.6%$165,000$191,500-13.8%
Mascoutah241926.3%$160,500$175,000-8.3%
Swansea1619-15.8%$156,000$180,000-13.3%
Miller12-50%$154,900$176,500-12.2%
Fairview Heights422661.5%$113,850$129,750-12.3%
Belleville107112-4.5%$99,000$102,500-3.4%
Lebanon89-11.1%$94,147.75$150,000-37.2%
Collinsville39-66.7%$83,000$148,000-43.9%

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