Mattoon Market Information

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Whether buying or selling, one characteristic to consider when choosing an agent is their knowledge of the market.  We believe it is critical for our clients to have current, relevant information.  According to the National Association of Realtors “2016 Profile of Home Buyers and Sellers”, 92% of buyer respondents rated an agent’s knowledge of the real estate market as “Very Important.” 

Real estate is local, not only to a community, but also to different price ranges.  While one price point may be performing very well, there may be others that are not.  Therefore, we track not only the overall market information for Mattoon and Charleston, but we break each community into 13 different price ranges.  Click here If you would like to receive our monthly report.  Otherwise, check back monthly for some highlights that we observed in the market.       

Mattoon
  • An additional 17 units closed in March bringing the YTD total to 44.  This is 18.5% below last year for the same time period.  Compared to historical numbers since 2000, 2018 is narrowly below the average by 1.7% but slightly above the median by 2.3%. 
  •  April had a significant jump in active listings.  Gaining 13 properties MOM, April 1st inventory was 99 units.  However, this is a 7.5% drop YOY and is 5.3% below the 6-year average for April.   
  • Mattoon had positive gains for the third month in a row for pending properties.  The 4 additional units equated to an increase of 16.7% MOM bringing the total to 28 units as of April 1st.  And while this is a positive step, it is still slightly below the 30 pending units from April 1st, 2017.

Mattoon Market Information
Mattoon Market Information
Mattoon Market Information
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