We see the TV news and read the newspapers on the real estate market. In most cases this information is based on national reports. How is the local real estate market during this economic down turn .

The following sales figures are from the local MLS and represent sales handled by local Realtors. The figures are for the period from January 1, 2009 to May 30, 2009.

0-100,000

100,001-150,000

150,001-200,000

200,000+

Williamson

119

62

28

24

Franklin

74

5

3

2

Jackson

49

28

7

12

Johnson

8

2

3

8

The first time homebuyers incentive of up to 8,000 tax rebate has helped the sale of homes in the lower price range and the market remains very strong for homes in this price range with some selling very quickly. The upper price range is still lagging behind even though interest rates are very low.

With the prices strong in the 50,000 to 130,000 price range, now would be a great time to trade up to a larger home.

For details on homes sold you can go to SouthernILhome.com and click on homes sold. This information includes address, listed price and sold price.

If you need any information on Real Estate in the local area you can email me @ JerryBeasley@southernIlhome.com or JerryBeasley@realtor.com. I will make an attempt to answer any questions and if I don’t have the answer I will research the information.

For a quicker response call me @ 618-997-1868 x118, 618-922-3895 or Tena Smith @ 618-997-1868 x146, 618-922-6204 and we share any information we have.