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  • KW St. Louis Luxury Residential Real Estate Total Market Overview - April 23, 2012

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    Russell Nolting
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    A full 14.9% of all homes above $800,000 in St. Louis, Missouri, are currently under contract. This is down a bit from 15.6% last year at this time. We do, however, have more inventory this year than last. So the number of "Real Buyers" for St. Louis Luxury Homes is up.

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    KW St. Louis Luxury Residential Real Estate Total Market Overview -- April 23, 2012

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    A full 14.9% of all homes above $800,000 in St. Louis, Missouri, are currently under contract. This is down a bit from 15.6% last year at this time. We do, however, have more inventory this year than last. So the number of "Real Buyers" for St. Louis Luxury Homes is up.

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    21 views1 page

    KW St. Louis Luxury Residential Real Estate Total Market Overview - April 23, 2012

    Uploaded by

    Russell Nolting
    A full 14.9% of all homes above $800,000 in St. Louis, Missouri, are currently under contract. This is down a bit from 15.6% last year at this time. We do, however, have more inventory this year than last. So the number of "Real Buyers" for St. Louis Luxury Homes is up.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    The KWSTL Luxury Report -- St.

    Louis Area Luxury Market Overview


    Keller Williams Realty 314.677.6000

    April 23, 2012

    800,000999,999
    1,000,0001,249,999
    1,250,0001,499,999
    1,500,0001,749,999
    1,750,0001,999,999
    2,000,0002,999,999
    3,000,000+
    Market
    Totals
    4 weeks
    prior

    Number
    of Active
    Listings

    Number
    of
    Pending
    Listings

    Pending
    (Last 30
    Days)

    % of all
    Listings
    under
    contract

    Expired
    Listings
    last 6
    months

    Closed
    Listings
    last 6
    months

    Sold/mo

    Months of
    Inventory

    Prices
    Reduced
    last 7
    days

    Prices
    reduced
    % vs
    Actives

    Average list
    price (Sold
    Homes)

    Average Sold
    Price

    List to
    Sales
    Ratio
    Overall

    90

    19

    10

    17.4%

    63

    43

    7.2

    9.00

    2.2%

    830,649

    92.91%

    95.91%

    90.81%

    90.77%

    52

    14.8%

    43

    16

    2.7

    13.00

    5.8%

    $ 1,138,581

    $ 1,087,794

    95.54%

    100.45%

    92.86%

    45

    10

    18.2%

    21

    22

    3.7

    15.00

    2.2%

    $ 1,372,123

    $ 1,226,605

    89.39%

    0.00%

    30

    14.3%

    11

    1.5

    15.00

    3.3%

    $ 1,628,667

    $ 1,393,661

    85.57%

    26

    13.3%

    17

    0.8

    13.00

    3.8%

    $ 1,822,800

    $ 1,564,503

    85.83%

    31

    6.1%

    12

    7.7%

    21

    1.5

    31.00

    9.7%

    $ 2,551,444

    $ 2,025,556

    0.5

    12.00

    8.3%

    $ 3,641,333

    $ 3,445,000

    286

    50

    23

    14.9%

    184

    107

    17.8

    12.43

    12

    4.2%

    $ 1,350,523

    253

    49

    20

    16.2%

    203

    99

    16.5

    12.65

    13

    5.1%

    $ 1,357,898

    894,022

    List to
    Sales
    Ratio
    (120+
    DOM)

    Average
    DOM

    89.97%

    82.23%

    132

    85.77%

    87.57%

    91.08%

    59

    90.97%

    87.02%

    0.00%

    69.76%

    265

    0.00%

    94.46%

    0.00%

    0.00%

    74.89%

    250

    0.00%

    78.86%

    0.00%

    0.00%

    80.14%

    197

    79.39%

    92.34%

    0.00%

    0.00%

    0.00%

    68.41%

    266

    94.61%

    100.00%

    0.00%

    0.00%

    0.00%

    85.04%

    129

    $ 1,205,966

    89.30%

    98.04%

    90.24%

    88.10%

    89.03%

    75.39%

    172

    $ 1,193,924

    87.92%

    97.42%

    88.63%

    86.35%

    89.06%

    74.23%

    171

    Number of Real Buyers


    50
    45
    40
    35
    30
    25
    20
    15
    10
    5
    0

    List to
    List to
    List to
    List to
    Sales
    Sales
    Sales
    Sales
    Ratio (0- Ratio (31- Ratio (61- Ratio (9130 DOM) 60 DOM) 90 DOM) 120 DOM)

    Odds of Selling Your Home


    20.0%
    18.0%
    16.0%
    14.0%
    12.0%
    10.0%
    8.0%
    6.0%
    4.0%
    2.0%
    0.0%

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