O Fallon Real Estate Overview
Today, July 1, 2010
Market View for O Fallon
Info Avg. Listing Price $219,174 Wk ending Jun 22 +$27 +0.0% w-o-w
Median Sales Price $195,000 Mar '10 - May '10 +$8,500 +4.6% y-o-y
|387||Homes For Sale||0||Open Homes|
Average Listing Price $219,174 +0% w-o-w
Median Sales Price $195,000 +4.6% y-o-y
Average price/sqft $143 +2.1% y-o-y
Number of Sales 113 -10.3% y-o-y
O Fallon Summary
Average price per square foot for O Fallon IL was $143, an increase of 2.1% compared to the same period last year. The median sales price for homes in O Fallon IL for Mar 10 to May 10 was $195,000 based on 113 home sales. Compared to the same period one year ago, the median home sales price increased 4.6%, or $8,500, and the number of home sales decreased 10.3%.
There are currently 387 resale and new homes in O Fallon on Trulia, including 72 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in O Fallon IL was $219,174 for the week ending Jun 22, which was unchanged compared to the prior week.
Now is a great time to buy a home in O'Fallon, IL. Interest rates are very low and home prices are beginning to creap up.