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St. Louis Area Real Estate Market Reports Executive Summary
St. Louis Area Real Estate Market Reports Executive Summary
St. Louis Area Real Estate Market Reports Executive Summary
Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 899,000 ±+
Asking Price Per Square Foot $ 228 ==
The median list price in TOWN AND COUNTRY, MO this week is Average Days on Market (DOM) 263 ==
$899,000.
Percent of Properties with Price Decrease 42 %
Percent Relisted (reset DOM) 12 %
Inventory has been decreasing lately but the Market Action Index is
falling also. With days-on-market climbing, these are relatively Percent Flip (price increased) 0%
negative implications for the market. Median House Size (sq ft) 4216
Median Lot Size 1.0 - 2.5 acres
Median Number of Bedrooms 4.0
Median Number of Bathrooms 4.5
The Market Action Index has been trending lower for several ±+ No change == Strong upward trend ≠≠ Strong downward trend
weeks while prices have remained relatively stable. If inventory
continues to grow relative to demand however, it is likely that we
= Slight upward trend ≠ Slight downward trend
will see downward pressure on pricing.
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
Quartiles
7-Day Rolling Average 90-Day Rolling Average
1.0 - 2.5
Upper/Second $ 1,225,000 4411 acres 4.0 4.5 18 0 0 304 Upper-middle 25% of properties
1.0 - 2.5
Lower/Third $ 737,450 4076 acres 4.0 4.5 18 0 0 231 Lower-middle 25% of properties
1.0 - 2.5
Bottom/Fourth $ 475,000 2626 acres 4.0 3.0 19 0 1 208 Least expensive 25% of properties
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