Edwardsville, IL Real Estate News

By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
It's been a hard year for many residents of Madison County, Illinois. Unemployed and chronically underemployed friends and neighbors are ready to work but are not finding jobs to replace those they have lost during the economic downturn. That's why this piece of good news from Census 2010 comes at a great time. Recruiting efforts for census workers have resumed and the local Complete Count Committee will need thousands of applicants from our region.  Residents can apply for jobs by calling 1-866-861-2010.  They may also call the Edwardsville, Illinois office directly at 618-307-3730. Census Takers, or Enumerators, will earn $11.50 per hour and will be reimbursed for mileage. Their pay and the length of their employment will vary by position. Applicants must be at least 18 years old and...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
I love Pantera's Pizza more than my husband.  Period.  End of story.  Okay, so maybe this post is going to be full of me over exaggerating my love for the best pizza in Madison County.  But can you blame me? I grew up on the stuff.  My sister worked at the long forgotten (and now closed) Pantera's restaurant in East Alton, Illinois while putting herself through SIUE.  I loved when she worked nights because all the yumminess from the buffet or people that phoned in fake orders would be coming home.  Yes, I'm old - in my day there was no caller id, so you could prank call pizza joints all you wanted. I've lived in various parts of the country and I've also traveled to a lot of different places.  Pizza is my favorite food.  Not even the tasty deep dish pizza of Chicago, the funky ingredien...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
So far in 2009 only one home has sold in the Hunter's Crossing Subdivision in Edwardsville, Illinois.  It was on the market for 83 days, and the selling price was $213,00. Currently, there are ten active homes on the market in Hunter's Crossing.   There are three homes currently under contract.  Prices range from a low of $184,900 to a high of $245,000.  The homes for sale have been on the market an average of 112 days. What does this information tell a seller in Hunter's Crossing?  That your home should be priced correctly and be presented in the best possible condition to rise to the top of the choices in your price category. Don't "test" the market with a price higher than recent comparable sales to "see what happens." What will happen is this: buyers will turn to properly priced pro...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
So far in 2009 six existing or new construction homes have sold in The Oaks Subdivision in Edwardsville, Illinois.  Homes were on the market for an average of 319 days, and the average selling price was $235,975. Currently, there is only one active home on the market in The Oaks.   There are 2 homes currently under contract.  Prices range from a low of $269,900 to a high of $324,900.  The homes for sale have been on the market an average of 206 days. What does this information tell a seller in The Oaks?  That your home should be priced correctly and be presented in the best possible condition to rise to the top of the choices in your price category. Don't "test" the market with a price higher than recent comparable sales to "see what happens." What will happen is this: buyers will turn ...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
Four existing or new construction homes have sold in the Ebbets Field Subdivision in Edwardsville, Illinois as of August 26, 2009.  One sold home was a re-sale home and three were new construction.  The average selling price was $489,900 for new construction and $362,500 for re-sale. Currently, there are 13 active homes on the market in Ebbets Field and 8 of them are new construction homes.  Prices range from a low of $369,900 to a high of $649,900.  There are 2 new construction homes currently under contract.  The homes for sale have been on the market an average of 227 days. What does this information tell a seller in Ebbets Field?  That your home should be priced correctly and be presented in the best possible condition to rise to the top of the choices in your price category. Don't ...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
Thirty existing homes were sold in Edwardsville, Illinois during June 2009 at an average sale price of $178,187. Resale homes that closed during the month had been on the market an average of 119 days. New home sales in Edwardsville continue at a low pace with just three sold in June. The average new home price for those sold during the month was $298,333 and they had been on the market an average of 322 days prior to closing. In July 2009, no new homes were sold in Edwardsville and 33 existing homes closed. The homes that closed during the month had been on the market an average of 139 days prior to selling and sold at an average price of $176,356. Currently, there are 214 active resale homes on the market in Edwardsville and 20 new construction homes. At July's sales pace, that means ...
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By Bob Ashauer
(RE/MAX Alliance)
 There was a whole lot of positive news about the economy and the real estate market weekend.  More will come, I'm sure.  That goofy mortgage pitchman on our local radio (you know him, "just call xxx-ninety nine ninety nine) - says this is the time to buy a home!  Even old Alan Greenspan was cautiously calling the bottom of the recession. Great news or wishful thinking?  Well, it's not my job as a Realtor to pump sunshine about the market, even if a lot of people think so.  Sure, I am anxiously waiting for a return to the appreciation of home values because that will truly mark the end of this economic slump.  I hope it's soon.  No, my job is to attract clients and to serve them well in this, or any market.  Yes, the local market activity is picking up, but don't rush to the phone to ra...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
Thirty-three home sales closed in June 2009 in Edwardsville, Illinois. Thirty of those properties sold were existing homes and just three were new construction. Sales showed a surprising dip from a high of 39 sold in May. The existing homes that sold during the month ranged in price from a low of $67,000 to a high of $325,000. The average existing home sold for $178,187 and had been on the market an average of 119 days. New construction homes ranged in price from $265,000 to $510,000 and had been on the market an average of 322 days prior to closing. As of today, 238 residential properties (both existing and new) are for sale in Edwardsville, a 7.2-month supply of inventory at the June sales pace.
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
As a child of the 1950's (LATE 50's thank you very much), I was imprinted from birth with certain home design aesthetics that might not be as appreciated by a mass market today. Our family's first house, was the hip of heights for its time. The kitchen counters were cut from a boomerang patterned formica from a design created by one of my heroes, proto industrial designer Brooks Stevens.  The living room was dressed with blonde accent furniture (some of which I still have today). Guests sat on a curving, red sectional sofa. A great gold zebra, captured in mid-prance, hung on the wall. Cocktails sat on a round, gold and white mosaic coffee and downstairs, in the black and red asbestos-tiled rec room, a magnificent naugahyde bar was the center of the party scene for all of my parents' fri...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
One of the best real estate sales weapons in our arsenal at Just Ducky Homes is the common suburban Storage Unit. It's amazing how much clutter can accumulate in a home over the years. Before you know it, you and your family are outnumbered by the toys, clothes, furniture and other household items that are just part of life. We have a solution that has worked wonders for our sellers: Just temporarily rent a storage unit until your home sells. To this day, our customer, and now friend, Meaghan says it was the best decision ever. This tactic gives you the opportunity to clear some wide open spaces and show buyers how great your home's floorplan is.  And it takes a lot of pressure off you as a seller. By using a storage unit, you can go through your possessions more slowly and carefully wh...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
It's the question I'm asked most often:  Nancy, How's the market doing? So, let's take a look at figures for May 2009 in the top southwestern Illinois markets we work. This post covers Edwardsville, Illinois -- the 62025 zip code. In May 2009, 40 new and existing homes were sold in Edwardsville. They ranged from a low of $59,900 to a high of $651,000 with the average selling price at $186,415.  The list-to-sell price ratio for all homes in Edwardsville was 97 percent, higher than the overall market where the ratio is at 94 percent. Homes stayed on the market an average of 139 days. Separating the new construction from existing home sales, new homes remained on the market an average of 420 days, existing homes 108 days. One year ago, in May 2008, 48 homes sold during the month in Edwards...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
Maybe you're thinking of buying your first home to take advantage of the first-time buyer tax credit. Or perhaps you've outgrown your current home or need to downsize.  There are any number of reasons why you might be buying a new home.  If you're a first-timer you're likely full of questions about how the process works.  If you've bought a home before, it might be time for a refresher.  Either way, we're here to give you the information you need. For a limited time, we'll be at Sacred Grounds cafe in downtown Edwardsville from 12 - 1 on Tuesdays to answer your home buying questions.  Let us buy you a cup of coffee and chat about everything from your specific needs to how the process works. No pressure, no obligation - just a great cup of coffee and a chance to pick the brains of two re...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
Dear Buyer:  It's time for a little straight talk about real estate. If you seriously want to buy your first home this year to take advantage of the $8,000 first-time homebuyer tax credit, low interest rates and the great selection of available homes, then this blog post is for you. I've met a few of you in the last couple of weeks who are going about this process the wrong way. You're wasting your time and you could be wasting money. You're scanning the Internet, driving past a sign or looking at ads. When you find a property that catches your eye, you might call and ask questions about it. Or you might just wander into an open house at the property. But then what? Do you talk to the home's listing agent knowing that he is working for the seller? Do you panic and start looking for some...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
This new, 7.1-acre listing at 7523 Possum Hill Road by the Just Ducky Homes Team is a true lifestyle property. If you're looking for a private and beautiful piece of land in the Edwardsville, Illinois school district, this is it. Your horses can enjoy a 2-acre pasture surrounded by an electric fence and a run-in shed that is big enough to hold 100 bales of hay. Beyond the pasture, a deep pond is stocked with bass and channel catfish. And behind the home, you can wander manicured paths to a cool glen with a "fort" and hammock or just walk along the quiet creek. Behind the home there is plenty of space to expand with a barn, outbuildings or additional rooms. The three-bedroom home was built in 2007 and features a split bedroom floor plan, large bright windows, a master bedroom with attach...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
If you know me, or you've read my posts about Edwardsville, it's no secret that I am a big fan of the Leclaire Historical District in Edwardsville. Leclaire tells a story, has great architecture, is great for people of all ages and it even has a baseball field. (Stick around for a future entry about Leclaire field). One of the hidden gems in Edwardsville is Leclaire Park.  This park is about 6 acres and features a large fishing lake.  Bring a sack of bread to feed the abundant ducks and geese.  The little ones will enjoy three play areas.  You'll also find a great spot for a lakeside picnic in one of the covered areas.  At night, the park lights up with a beautiful lighted fountain. The best thing about Leclaire Park?  You can own a home of your own within walking distance.  There are s...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
Nothing says summer like outdoor dining in a park like setting at the Northside Dairy Haven. This place is a summer favorite of folks all over central Madison County.  It's only open during the spring, summer and early fall.  You know spring is just around the corner when Northside Dairy Haven opens it's doors and the smell of BBQ and charcoal broiled burgers are in the air. So what's so special about it?  Glad you asked. Not only does the Dairy Haven have ice cream as the name suggests, but they are a veritable smorgasbord of culinary delights.  I highly recommend the 1/4 charo-cheeseburger with everything.  Don't bother with the plain burger - make sure to get a charco-burger.  Why? A charco-burger is a juicy burger with the taste of char-broiled goodness.  It sits on top of a soft bu...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
If you're thinking about relocating your family to St. Louis' Illinois suburbs in Madison County, you may be interested in learning more about the area's public school districts. This is the first in a series of posts that will link you to the Illinois school report cards for the county's districts. Today's topic: Edwardsville District 7. The Edwardsville school district is large at approximately 185 square miles, encompassing the city of Edwardsville, the village of Glen Carbon, and more rural areas including Prairietown, Dorsey, Hamel, Worden, the Holiday Shores lakeside community and Midway. In addition to Edwardsville High School and two middle schools -- Lincoln and Liberty -- the district includes 10 elementary schools, three of which were opened in fall 2008. The elementary schoo...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
There are so many things that make the vibrant city of Edwardsville one of the best places to live and work in Madison County. Here are my top ten things I love about Edwardsville: 1. Pantera's Pizza.  When I grew up, my sister worked at the Pantera's in Alton while completing her education at SIUE.  I was raised on the stuff.  Unfortunately, there is only one Pantera's left in the area - fortunately it is in Edwardsville. My favorite?  Sausage, cheddar cheese, bacon bits and pepperoni on thick crust. Pantera's Pizza1522 Troy Rd Edwardsville, IL 62025618-692-6000 2. Leclaire Park.  When I was in high school, I worked at the old Edwardsville K-Mart.  It's now Kohl's department store.  My friends and I used to grab a burger at one of the fast food joints and head over to Leclaire Park on ...
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By Kristina Pratt, REALTOR - SFR - GoshenRealtyGroup.com
(St. Louis' Illinois Suburbs - RE/MAX Preferred Partners)
With spring all around us in Madison County, it's time for outdoor festivities.  There is no better time of year to enjoy a family friendly night of entertainment in the Edwardsville City Park. The city park is over 2 acres and is bordered by Kansas, Park, Buchanan and Vandalia streets.  The park is home to the Edwardsville Public Library,  the Cleaon Etzkorn bandstand, a fountain donated by a local family and the Madison County Centennial Monument. This installment of SIUE Party In The Park features carnival games, arts and crafts, attractions, inflatables, food and drink along with 80's cover band The Brat Pack. Party In The Park starts at 6:00 on Saturday April 25th and runs until midnight.  ____________ About the Author:  Kristina Pratt is a Realtor with the Just Ducky Homes team at...
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By Nancy Milton Holtzscher, Edwardsville/Glen Carbon, Illinois Broker, REALTOR
(RE/MAX Alliance in St.Louis' Illinois suburbs)
Recently I have noticed an upswing in the number of buyers I help who are acquiring a home for some non-traditional reasons that make a great deal of sense. These customers tend to fall into two categories -- parents of university students and middle-aged adults with elderly parents.  That's why I call these buyers, "Freshmen and Seniors." Because my home base of Edwardsville is the site of Southern Illinois University at Edwardsville, savvy parents are looking here for ways to work around the cost of a college dorm room or apartment housing. Four years (or more if your child is on the five-year plan!) is a long time to write a monthly check for a dorm, apartment or house rental that gives you no return on the investment. While you'll never recover to cost of your SIUE student's tuition...
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Edwardsville, IL Real Estate Professionals