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Market statistics for the city of OFallon MO during the week of 05/03/09 – 05/09/09

By
Real Estate Agent with Keller Williams Realty Chesterfield

 

Market statistics for the city of OFallon MO during the week of 05/03/09 – 05/09/09

The city of O’Fallon MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 518 homes on the market of various sizes and prices.  The number of active listings is DOWN from last week.  Check out O Fallon MO when looking for a new home for selection, style and price.  If you have been waiting for the right time now is the right time for real estate in OFallon MO. 

With interest rates being at an all time low and the $8,000 tax incentive available now is a good time to buy a new home.

Residential:

 

 

 

 

 

2 Bedrooms

3 Bedrooms

4 Bedrooms

5+ Bedrooms

Active # Homes

33

247

223

15

Avg. List Price

$152,273

$209,981

$311,563

$466,147

Avg. Days on Market

101

148

222

107

 

 

 

 

 

# Pending Home Sales

5

56

36

1

Avg. List Price

$137,050

$175,735

$238,315

$249,900

Avg. Days on Market

119

83

79

241

 

 

 

 

 

Sold # Homes

2

5

2

0

Avg. Sale Price

$128,500

$161,778

$174,850

$0

Avg. Days on Market

151

132

116

0

% of List Price

97.94

97.61

100.89

0.00

All information is per regional multiple listing service (mls) on 05/11/09 and is deemed reliable but not guaranteed.

Sellers, homes are still being sold as you can see from the pending home and condo/villa sales.  If homes are priced right they will sell.  So if you are thinking about listing your home before the holidays give me a call and let’s talk about the marketing of your home.

Three St Charles County MO communities that made the Money magazines' annual list of the top 100 Best Small Cities in America list for 2008.  One of the three cities was O’Fallon MO which came in at number 68.  The rankings were based on jobs, schools and affordable housing.  

If you are looking to buy your first home or “right size” now is a good time to buy.  As you can see we have a variety of homes in the City of O’Fallon MO for you to choose from and in various price ranges. You may be considering a move to St Charles County MO too, so Give Don Rogers a call today at 315-954-6775 and let’s begin moving toward your new home. 

Helping you achieve your next level of the American Dream.  Ready?

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Don Rogers is a licensed REALTOR® in Missouri.  I specialize in St. Charles County Missouri and have called O Fallon MO my home since 1993.  If you are looking to buy or sell or you are relocating to the area and would like information about the St Charles County MO area do not hesitate to give me a call at 314-954-6775 or if you would prefer to send me an email.

 

Comments(4)

Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

Wow. O'Fallon is a great place to live if it made it onto Money magazines' list of the top 100 Best Small Cities in America. And if inventory is dropping, people should definitely buy now!

May 11, 2009 04:20 PM
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

ToulaRosebrock,com

Hi Don:

I've noticed that those under contract transactions are taking a while to close!

Looks like buyers have set long closing dates.

Have a successful week!

 

May 11, 2009 10:45 PM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Lisa,

O'Fallon is starting to look up as is most of the area.  We have enjoyed our ranking for a couple of years now and I hope that it will continue.

May 12, 2009 01:57 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Toula,

I am not sure what the buyers are doing but normally they will set a closing about 45 days out from acceptance of the contract.

May 12, 2009 01:59 AM