Real Estate info- buying, selling and everything in between

So after a few weeks of driving by my curiosity got the better of me. What is this giant wooden horse and who is the guy on the ladder with a chainsaw? After driving by for days my curiosity got the better of me and I stopped. It seems Art is making a return to downtown O’Fallon IL ! David Perez is an artist (among other things) who has recently moved back here from Mississippi. His work is truly amazing and his ability to see a piece prior to carving is hard to grasp. As we spoke he pointed to a block of wood and explained what it looked like and what it was going to become. I of course nodded but truth be told it just looked like a block of wood to me. However, I have no doubts about his ability after seeing some finished product.

There is actually a bit of history in his carving as well. All the wood he is using was toppled during Hurricane Katrina; instead of it going to waste he has hauled it up here to work with. His influences range from Polynesian, Caribbean, to just whimsical. So stop driving by. Maybe purchase a piece or two while you are there. You will not be disappointed. You can find Dave and his creations next door to Full Circle Auto (the Old All Feeds Location) his hope is to fill that space with unique sculpture for display and or sale.

As you may have noticed there is no direct Real Estate tie in here so how about a new listing?

Just listed in O’Fallon IL!

The Holdens | RE/MAX Preferred | 618-531-4887 1204 Nottinghill Drive, O'fallon, IL   4BR/3.5BA Single Family House   offered at $262,900 Year Built 2005 Sq Footage 3,186 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 2 Parking Unspecified Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION IMMPECCABLY MAINTAINED GEM IN O'FALLON IL ON LARGE CORNER LOT. PRIVACY FENCE, 12 X 14 DECK, CONCRETE BORDERS AROUND LANDSCAPING BEDS, GREAT FAMILY ROOM WITH BAY WINDOW OPENS TO BRIGHT GOURMET KITCHEN AND BREAKFAST AREA. MASTER SUITE OFFERS VAULTED CEILING, LUXURY BATH WITH WHIRLPOOL TUB, SEPARATE SHOWER, & DUAL SINK VANITY. FANTASTIC BRIGHT FINISHED SPACE IN LOWER LEVEL WITH FRIESE CARPET BOASTS GAME ROOM,BATH AND OFFICE WITH EGRESS WINDOW. CARPETS & DUCTS JUST CLEANED. UPGRADED LIGHT FIXTURES/APPLIANCES. SEC.SYS. JUST MOVE IN & ENJOY! MINUTES TO SCOTT AFB!   see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet Family room Living room Bonus/Rec room Office/Den Dining room Breakfast nook Dishwasher Microwave Basement Laundry area - inside Balcony, Deck, or Patio Yard   ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info:   The Holdens RE/MAX Preferred 618-531-4887 For sale by agent/broker Equal Opportunity Housing Posted: Mar 26, 2009, 5:34pm PDT

The new housing numbers are due out shortly so we thought this might be a good time to look at things on a more local level.

Jan. 1, 2009-March 17, 2009.

These are RE-SALE HOMES ONLY.

 So far this year (2009) 38 homes have sold with an average market time of 131 days. The most active price range is $200,000-$249,000 with an average market time of 118 days and 6 homes sold.

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For the same time period last year (2008) 52 homes had sold.  The average market time was 129 days.  The most active price range was $180,000-$199,900 with 12 homes selling, market time was 107 days. ***Second place was $200,000-$249,000 with 10 homes sold and 162 days on market. *** This is notable as over 42% of the RE-SALE homes sold fell into the $180,000-$249,900 range.

The good news, the prime selling months are just around the corner.  Internet traffic and showings have picked up considerably in the last 10 days so things look promising at this point. 

And a question:

Anyone else notice the guy on a ladder with a chainsaw carving a 7+ foot horse lately? 

The new housing numbers are due out shortly so we thought this might be a good time to look at things on a more local level.

Jan. 1, 2009-March 17, 2009.

These are RE-SALE HOMES ONLY.

 So far this year (2009) 38 homes have sold with an average market time of 131 days. The most active price range is $200,000-$249,000 with an average market time of 118 days and 6 homes sold.

________________________________________________________________________________________

For the same time period last year (2008) 52 homes had sold.  The average market time was 129 days.  The most active price range was $180,000-$199,900 with 12 homes selling, market time was 107 days. ***Second place was $200,000-$249,000 with 10 homes sold and 162 days on market. *** This is notable as over 42% of the RE-SALE homes sold fell into the $180,000-$249,900 range.

The good news, the prime selling months are just around the corner.  Internet traffic and showings have picked up considerably in the last 10 days so things look promising at this point. 

And a question:

Anyone else notice the guy on a ladder with a chainsaw carving a 7+ foot horse lately? 

Hello!

This update includes both Thronbury Hill and the Manors at Thornbury Hill.  Keep in mind this data was pulled directly from the MLS.  If Fulford sells a home without agent involvement it does not show up in our system.

In 2008: 12 Homes closed in Thornbury.  Given the current state of the market this is very good activity.

Of the 12:

11 were Re-sale homes with an average sales price of $291,707 and average days on market of 84.

1 was new construction; it sold for $330,886 and was on the market for 371 days.

Compared to other areas in O'Fallon IL this is very significant activity.

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For 2009:

2 have closed so far. This shows a very early indication of continued elevated activity.  The 2 that have closed so far have an average sales price of $245,500 and were on the market an average of 104 days. One of these was a short sale that closed far below market value which explains the low average sales price.

More good news: 2 more are currently under contract.  Since they have not closed we have no average sales price data but will update as soon as it becomes available. 

Right now there are a total of 9 homes for sale.  Of the 9 homes, 8 are resale with an average price of $319,250 and days on market of 66. One new construction is currently listed for $299,900 and has been on the market for 80 days. 

There is one additional new construction spec home currently for sale for $390,455.  This one is not factored into the data. 

So all in all Thornbury is fairing much better than many areas.  If you would like further information feel free to contact us.

Don't forget to "Spring Forward " and set your clocks ahead 1 hour BEFORE you go to bed Saturday night!