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OFallon MO Real Estate Year over Year Statistics 2010 vs 2009

By
Real Estate Agent with Keller Williams Realty Chesterfield

OFallon MO Real Estate Year over Year Statistics 2010 vs 2009

I have had the opportunity to call OFallon MO home since 1993.  During that time O Fallon Missouri has grown by leaps and bounds with a strong city government.  We have a semi pro baseball team, Rascals, that offers those in attendance the feel of  the old time baseball park and is very family friendly.  We also have a great school system, wonderful restaurants, and a business climate that encourages new business to locate to OFallon MO.  We have good access to two major highways which allow for quick travel into St. Louis and points East or to travel West to Kansas City or North to Hannibal MO.  We are also close to Wine Country where you could take a short trip to a winery and have a pleasant day enjoying some of Missouri's finest wines.  The OFallon MO real estate market is still strong, even with the declines noted above, and offers super homes and lifestyles in every price point.  If you are relocating to the greater St Louis metro area I would suggest considering making OFallon MO home.

OFallon MO Real Estate Year over Year Statistics 2010 vs 2009

O Fallon MO real estate in 2010 showed a continuing decline in both the number of unit sales and sale price of residential single family homes over 2009.  There were a total of 774 homes sold in 2010.  This is a decrease of 158 homes sold from the same period in 2009.

The average list price of homes that closed in O Fallon MO in 2009 was $200,695.

The average list price of homes that closed in O Fallon MO in 2010 was $197,004.

The average sale price of homes that closed in O Fallon MO in 2009 was $193,139.

The average sale price of homes that closed in O Fallon MO in 2010 was $190,041.

The average market time for the homes that closed in O Fallon MO in 2009 was 92 days.

The average market time for the homes that closed in O Fallon MO in 2010 was 89 days.

There are currently 567 homes in for sale in O Fallon MO.  These homes range in size from 2 bedrooms to 5+ bedrooms all of which are in various price ranges.

*All information is deemed reliable, but not guaranteed per mls dated 1/10/2011

For more information on OFallon MO or if you are interested in buying or selling your home here, please call Don Rogers at 314-954-6776. Or you can click here to email me with your inquiries.

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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(12)

Dawn Crawley
Dawn Crawley Realty - Pinehurst, NC
Find Pinehurst Homes

Just curious, what was the number of homes sold in 2009 vs 2010?

Jan 12, 2011 12:07 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Don nice work presenting the Real Estate market stats for Ofallon MI!

Jan 12, 2011 12:30 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Dawn,

There were 932 homes sold in 2009 and 774 homes sold bin 2010.  Thank you ma'am for stopping in for a visit this morning.

Jan 12, 2011 12:32 AM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Morning Don. I know that this has nothing to do with your post, but good luck with the installation of the speech recognition software. I hope it works as well for you as it does for me...

Jan 12, 2011 12:34 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Bill,

Thank you my friend for stopping in a commenting this morning.

Jan 12, 2011 12:47 AM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Hi Don, we have seen decline in some areas, but the market is picking up.  I hope OFallon will see this as well.

Jan 12, 2011 12:51 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Mike,

I am excited about this new software and look forward to using it.  First post with it will be today for sure.

Jan 12, 2011 12:51 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Good morning Ann,

We are seeing some rebound in the OFallon market and things are looking up for 2011

Jan 12, 2011 12:54 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Don. I would consider the numbers saying that the market is stablizing.  Now...it is time to move upward.

Jan 12, 2011 05:32 AM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

I am glad to see that things are finally setteling down in our market but, we still have a large inventory of

Jan 12, 2011 06:28 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and evening to you Don

Don,
you sure did and do write mighty fine Market Reports that every day folks are able to understand. With any luck, thing will look up even more this year!

Have a good one
Dale in New Hampshire

Jan 12, 2011 02:06 PM
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Evenin' Dale, 

Thanks for stopping by for a visit.  It is always good to hear from you my friend.  We truly have some high hopes about the market this year.

Jan 12, 2011 02:20 PM