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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 $ 229,900 ≠≠
Asking Price Per Square Foot $ 124 ±+
The median list price in SAINT CHARLES, MO this week is $229,900. Average Days on Market (DOM) 205 ±+
Percent of Properties with Price Decrease 43 %
Percent Relisted (reset DOM) 8%
The Market Action Index has been trending down lately, indicating
demand falling along with supply. Conditions point to mildly Percent Flip (price increased) 2%
negative trends for the market. Median House Size (sq ft) 2077
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5
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 Again this week we see a downward notch for prices. Prices
continue to pull back from the market's highs. The Market Action
Index is a good leading indicator for the durability of this trend.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 270,750 2313 acre 4.0 2.5 12 170 1 9 219 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 199,900 1758 acre 3.0 2.5 6 170 1 5 174 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 149,900 1179 10,000 sqft 3.0 2.0 8 170 26 7 130 Least expensive 25% of properties
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