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

Residential homes sold in O'Fallon, MO 1/1/06 - 12/31/06:

2 Bd. 3 Bd. 4 Bd. 5+ Bd All Bd.

Sold
#Units	99	700	597	39	1435
Dollar Value	$14,308,467	$132,100,418	$163,762,335	$12,325,590	$322,496,810
Average List Price	$147,858	$192,559	$281,450	$326,541	$230,098
Average Sold Price	$144,530	$188,715	$274,309	$316,041	$224,736
Average Days on Mkt.	73	67	82	76	73
Average Square Feet	745	1139	2010	2753	1518
% of List Price	97.75	98.00	97.46	96.78	97.67

Residential homes sold in O'Fallon, MO 1/1/07 - 12/31/07:

2 Bd. 3 Bd. 4 Bd. 5+ Bd. All Bd.

Sold
#Units	73	578	436	23	1110
Dollar Value	$10,902,438	$109,763,459	$122,495,832	$7,857,497	$251,019,226
Average List Price	$154,571	$194,768	$290,190	$350,073	$232,824
Average Sold Price	$149,348	$189,902	$280,954	$341,630	$226,143
Average Days on Mkt.	77	73	98	71	83
Average Square Feet	632	1220	2247	2475	1611
% of List Price	96.62	97.50	96.82	97.59	97.13

Residential homes sold in O'Fallon, MO 1/1/08 - 12/31/08:

2 Bd. 3 Bd. 4 Bd. 5+ Bd. All Bd.

Sold
#Units	63	436	343	25	867
Dollar Value	$8,343,113	$75,103,430	$90,176,462	$8,015,360	$181,638,365
Average List Price	$135,790	$178,240	$273,720	$345,726	$217,758
Average Sold Price	$132,430	$172,256	$262,905	$320,614	$209,502
Average Days on Mkt.	79	89	105	117	96
Average Square Feet	823	1241	2378	2843	1707
% of List Price	97.53	96.64	96.05	92.74	96.21

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

243 fewer homes were sold in 2008 compared to 2007, and the avarage sale price was down around $17,000 compared to 2007.

Average days on market was up 13 days compared to 2007, and the sale price compared to list price was down less than 1% compared to 2007.

Service you Expect from a Realtor you can Trust!

GRI, 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 01/09/2009 03:17 PM

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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 in 2008 to 2006 & 2007 - Market Report

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