O'Fallon IL, the year in Real Estate so far...

 

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? 

 

 

 

David Holden

Broker/Owner  ABR,CDPE, GREEN, GRI,SFR

View David Holden's profile on LinkedIn

RE/MAX Preferred

1668 Windham Way O'Fallon IL & 4 Emerald Terrace Swansea IL 62226

 

      

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