Finding Homes for You Executive Summary

Monday January 16, 2012

O FALLON, MO 63368
Single Family Homes

This Week
The median list price in O FALLON, MO 63368 this week is $225,000. Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

Real-Time Market Profile Median List Price $ 225,000 Asking Price Per Square Foot $ 108 Average Days on Market (DOM) 213 Percent of Properties with Price Decrease 40 % Percent Relisted (reset DOM) n/a Percent Flip (price increased) 13 % Median House Size (sq ft) 2130 Median Lot Size 10 - 20 acres Median Number of Bedrooms 4.0 Median Number of Bathrooms Market Action Index Strong Buyer's 3.0 15.2

Trend + == ==

Supply and Demand

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Price
Market Action Index
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Price Trends

7-Day Rolling Average

90-Day Rolling Average

Buyer/Seller Cutoff

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Quartiles
Quartile Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size
20+ acres

7-Day Rolling Average

90-Day Rolling Average

Characteristics per Quartile

Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Beds

Baths

Age Inventory New Absorbed DOM

$ 350,000 $ 249,500 $ 209,190 $ 155,900

3331

4.0 4.0 3.0 3.0

3.5 3.0 2.5 2.0

0 10 13 15

58 59 59 59

3 6 3 4

3 1 3 3

196 215 293 147

2263 10 - 20 acres 1800 10 - 20 acres 1360

2.5 - 5.0 acres

Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659

Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC