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Comparison of Sold Homes in O'Fallon, Missouri the First Half of October 2008 to 2006 & 2007 - Market Report

Residential homes sold in O'Fallon, MO 10/1/06 - 10/15/06:

Sold 2 Bedroom 3 Bedroom 4 Bedroom 5+ Bedroom All B edroom
#Units	2	15	11	1	29
Dollar Value	$302,500	$3,089,046	$2,878,500	$260,000	$6,530,046
Average List Price	$154,900	$210,207	$271,441	$274,900	$231,850
Average Sold Price	$151,250	$205,936	$261,682	$260,000	$225,174
Average Days on Market	69	80	84	111	82
Average Square Feet	500	1218	2638	0	1665
% of List Price	97.64	97.97	96.40	94.58	97.12

Residential homes sold in O'Fallon, MO 10/1/07 - 10/15/07:

Sold 2 Bd 3 Bedroom 4 Bedroom 5+ B edroom All Bedroom
#Units	0	9	10	2	21
Dollar Value	$0	$1,452,684	$3,159,540	$993,000	$5,605,224
Average List Price	$0	$165,399	$329,776	$499,998	$275,541
Average Sold Price	$0	$161,409	$315,954	$496,500	$266,915
Average Days on Market	0	42	122	70	83
Average Square Feet	0	1173	2372	1432	1768
% of List Price	0.00	97.59	95.81	99.30	96.87

Residential homes sold in O'Fallon, M O 10/1/08 - 10/15/08:

Sold 2 Bedroom 3 Bedroom 4 Bedroom 5+ Bedroom All Bedroom
#Units	4	20	8	1	33
Dollar Value	$528,400	$3,463,600	$2,048,000	$330,000	$6,370,000
Average List Price	$135,175	$181,240	$263,350	$399,900	$202,188
Average Sold Price	$132,100	$173,180	$256,000	$330,000	$193,030
Average Days on Market	83	107	77	59	95
Average Square Feet	1269	1492	1695	4342	1601
% of List Price	97.73	95.55	97.21	82.52	95.47

Information courtesy of the MLS. It is deemed reliable but not guaranteed.

4 more homes sold this year, but the average sale price was down almost $74,000.

Average days on market was up 13 days, and the sale price compared to list price was down under 2%.

The Service you Expect from a Realtor you can Trust!

, e-PRO

www.SelectMyHome.net 314-640-7061 (cell) Prudential Alliance Realtors 636-887-3554 (office)

Debi.Ernst@PrudentialAlliance.com

Posted by Debi Ernst GRI, e-PRO, Broker/Sales Associate on 10/21/2008 08:12 PM

Comments (2)

Market Report in the Regional (Localism) Channel

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Originally posted at: Debi Ernst - Your St. Charles County, MO Real Estate Connection: Comparison of Sold Homes in O'Fallon, Missouri the First Half of October 2008 to 2006 & 2007 - Market Report

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2 Comments on Comparison of Sold Homes in O'Fallon, Missouri the First Half of October 2008 to 2006 & 2007 - Market Report

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2008