ofallonhomes.com - Stats by Town

Town Watch

What we want to say here is: relocating families need to look first to "where the action is". This chart will help tell you, with data directly from the local MLS.

Active communities have more inventory for you to view.
Active communities offer much greater resale.
Active communities usually offer greater general livability, including more services.

The following chart of "market activity" in various communities tells a lot, (and we'll help interpret it.) Important: "average" prices, market volume, days on market before sale, and ratio of asking to sales prices.

MARKET ACTIVITY BY ADDRESS
2009-2011

Community	2009	2009	2009	2009 Ratio	2010	2010	2010	2010 Ratio	2011			2011 Ratio
	# Sold	Avg DOM	Avg Sale	List/Sell	# Sold	Avg DOM	Avg Sale	List/Sell	# Sold	Avg DOM	Avg Sale	List/Sell
			Price				Price				Price
O'Fallon	350	134	$175,656	96.30%	383	128	$ 196,773	96.50%	323	174	$ 195,000	96.70%
Shiloh	73	147	$197,379	96.60%	73	136	$ 187,631	97.50%	52	293	$ 192,000	97.30%
Combined	423				456				375
Edwardsville	307	131	$184,195	95.40%	317	144	$ 222,781	94.60%	293	191	$ 211,200	94.50%
Glen Carbon	132	122	$189,945	95.60%	135	128	$ 209,134	96.30%	151	182	$ 188,200	95.10%
Combined	439				452				444
Fairview Heights	186	110	$127,208	95.70%	205	109	$ 127,593	95.50%	175	159	$ 107,000	94.60%
Swansea	135	130	$154,724	95.90%	153	148	$ 180,956	95.10%	120	192	$ 169,200	96.00%
Belleville	808	129	$105,257	94.90%	726	138	$ 116,201	94.70%	654	193	$ 108,300	96.00%
Mascoutah	68	120	$147,354	95.90%	101	108	$ 161,188	97.70%	104	174	$ 162,700	96.80%
Freeburg	35	169	$187,149	93.60%	42	110	$ 170,090	94.80%	36	151	$ 181,100	94.10%
Lebanon	54	112	$127,577	94.80%	77	153	$ 141,215	94.70%	53	175	$ 123,200	96.80%
New Baden	31	140	$131,723	94.90%	44	126	$ 123,020	96.30%	39	165	$ 124,600	93.30%
Trenton	34	133	$148,700	93.60%	30	143	$ 138,812	93.30%	34	159	$ 148,200	94.60%
Columbia	121	128	$180,597	95.20%	136	116	$ 184,962	96.40%	149	274	$ 202,000	96.00%
Waterloo	103	144	$179,338	95.10%	163	163	$ 171,793	94.70%	127	192	$ 169,300	95.00%
Collinsville	302	122	$117,144	95.20%	281	137	$ 119,019	94.90%	241	174	$ 119,300	94.60%
Troy	140	137	$167,145	95.50%	148	153	$ 182,063	96.00%	127	158	$ 174,300	95.60%
St. Jacob	16	118	$139,578	96.00%	20	157	$ 198,938	95.30%	21	188	$ 190,700	95.50%
Marine	14	127	$120,536	93.20%	11	95	$ 173,000	94.60%	12	303	$ 172,700	93.80%
Triad HS District*	185	140	$161,850	95.50%	201	148	$ 185,943	95.60%	160	182	$ 176,300	93.50%
Highland	174	149	$147,924	95.50%	134	140	$ 144,329	94.90%	164	236	$ 153,100	94.60%

*Triad HS District includes towns of Troy and St. Jacob and some rural areas.
Information compiled from the MLS by Home Buyer's Relocation Services.
Data collected 01/25//2012

Notes from Merrill, Jan, 2012; You'll see several things in the latest data. 1st, the level of sales wasn't as bad locally as it was nationally, (and the original "bubble" not as large.) 2nd, the days on market were substantially higher....that reflecting the times. 3rd, note that the ratio of selling price to asking price was only a little greater than in previous years. That is explained, we think, because sellers and their agents have been pretty good at creating "realistic pricing" to begin with. But the year is already better....so there will be....we promise....better data here next year! For data miners, we have similar data for many years back.

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