Monday November 30, 2009

St. Louis Area Real O FALLON, MO

Estate Market Reports Single Family Homes

Executive Summary

This Week
Real-Time Market Profile Trend
Median List Price $ 225,000 ≠≠
Asking Price Per Square Foot $ 116 ==
The median list price in O FALLON, MO this week is $225,000. Average Days on Market (DOM) 194 ==
Percent of Properties with Price Decrease 46 %
Percent Relisted (reset DOM) 9%
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) 6%
negative implications for the market. Median House Size (sq ft) 2066
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5

Supply and Demand Market Action Index Strong Buyer's 15.3 ≠≠

The market has been consistently cool for several weeks. Demand ±+ No change == Strong upward trend ≠≠ Strong downward trend
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in
= Slight upward trend ≠ Slight downward trend
Market Action before prices plateau or begin to rise again.

Price
Market Action Index Prices in this zip code have been on a downward trend recently
and this week, while essentially flat, doesn't break us out of that
cycle.

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
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.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
0.25 - 0.50
Top/First $ 380,742 3249 acre 4.0 3.5 3 147 2 4 273 Most expensive 25% of properties

0.25 - 0.50
Upper/Second $ 264,900 2438 acre 4.0 2.5 8 147 2 11 191 Upper-middle 25% of properties

8,001 -
Lower/Third $ 195,995 1754 10,000 sqft 3.0 2.5 148 2 5 166 Lower-middle 25% of properties

8,001 -
Bottom/Fourth $ 148,900 1252 10,000 sqft 3.0 2.0 6 148 4 12 146 Least expensive 25% of properties

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