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

By
Real Estate Agent with St. Charles County, Missouri - Prudential Alliance Realtors

Residential homes sold in O'Fallon, Missouri 12/1/06  - 12/15/06:

Sold                                               2 Bedroom    3 Bedroom      4 Bedroom    5+ Bedroom  All Bedroom
    #Units 3 19 22 1 45  
    Dollar Value $433,000 $3,208,550 $5,514,730 $312,500 $9,468,780  
    Average List Price $148,733 $173,758 $265,517 $329,500 $220,410  
    Average Sold Price $144,333 $168,871 $250,670 $312,500 $210,417  
    Average Days on Market 55 63 100 77 81  
    Average Square Feet 1058 1298 1885 3292 1613  
    % of List Price 97.04 97.19 94.41 94.84 95.47  
 

Residential homes sold in O'Fallon, Missouri 12/1/07 - 12/15/07:

Sold                                                    2 Bedroom     3 Bedroom          4 Bedroom    5+ Bd   All Bedroom
    #Units 1 18 9 0 28  
    Dollar Value $210,000 $3,349,440 $2,374,225 $0 $5,933,665  
    Average List Price $225,000 $190,817 $278,878 $0 $220,343  
    Average Sold Price $210,000 $186,080 $263,803 $0 $211,917  
    Average Days on Market 125 89 86 0 89  
    Average Square Feet 1715 1303 2041 0 1555  
    % of List Price 93.33 97.52 94.59 0.00 96.18  
 

Residential homes sold in O'Fallon, Missouri 12/1/08 -  12/15/08:

  Sold                                             2 Bedroom   3 Bedroom        4 Bedroom   5+ Bedroom   All Bedroom
    #Units 3 16 10 1 30  
    Dollar Value $259,900 $2,643,201 $2,532,000 $545,000 $5,980,101  
    Average List Price $96,600 $169,821 $268,962 $595,000 $209,719  
    Average Sold Price $86,633 $165,200 $253,200 $545,000 $199,337  
    Average Days on Market 117 95 135 52 109  
    Average Square Feet 1216 1360 2607 3648 1837  
    % of List Price 89.68 97.28 94.14 91.60 95.05  
 

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

2 more homes were sold this year compared to 2007, and the average sale price was down less than $13,000 compared to 2007.

Average days on market was up 20 days compared to 2007, and the sale price compared to list price was down less than 2% compared to 2007.

Service you Expect from a Realtor you can Trust!

GRI, e-PRO

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

Debi.Ernst@PrudentialAlliance.com

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Debi Ernst

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