O'Fallon IL May 2009 Real Estate Market Update
May 2009 had 33 homes close as opposed to only 13 back in January so moving in the right direction. Currently there are 305 homes available in all price ranges. More good news: 52 homes are currently under contract.
Of the 30 homes that closed in May 2009:
29 were pre-owned and had an average sales price of $196,320 with an average market time of 189 days.
1 was New Construction and had a sales price of $254,000.
