St. Louis Area Real Estate Market Reports Executive Summary
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Monday November 30, 2009
St. Louis Area Real Estate Market Reports Executive Summary
O FALLON, MO Single Family Homes
This Week The median list price in O FALLON, MO 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
Trend
Median List Price $ 225,000 Asking Price Per Square Foot $ 116 Average Days on Market (DOM) 194 Percent of Properties with Price Decrease 46 % Percent Relisted (reset DOM) 9% Percent Flip (price increased) 6% Median House Size (sq ft) 2066 Median Lot Size 0.25 - 0.50 acre Median Number of Bedrooms 3.0
≠≠ == ==
Median Number of Bathrooms
Supply and Demand
Market Action Index
±+
The market has been consistently cool for several weeks. Demand 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 Market Action before prices plateau or begin to rise again.
No change
2.5
Strong Buyer's
15.3
≠≠
== Strong upward trend ≠≠ Strong downward trend = Slight upward trend ≠ Slight downward trend
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
Characteristics per Quartile Quartile
Median Price
Sq. Ft.
Top/First
$ 380,742
Upper/Second
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
3249
0.25 - 0.50 acre
4.0
3.5
3
147
2
4
273
Most expensive 25% of properties
$ 264,900
2438
0.25 - 0.50 acre
4.0
2.5
8
147
2
11
191
Upper-middle 25% of properties
Lower/Third
$ 195,995
1754
8,001 10,000 sqft
3.0
2.5
148
2
5
166
Lower-middle 25% of properties
Bottom/Fourth
$ 148,900
1252
8,001 10,000 sqft
3.0
2.0
148
4
12
146
Least expensive 25% of properties
6
River City Real Estate, Toll Free: (866) 456-1862 | www.RCREonline.com | [email protected]
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2009 Altos Research LLC
St. Louis Area Real Estate Market Reports Executive Summary
O FALLON, MO Single Family Homes
This Week The median list price in O FALLON, MO 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
Trend
Median List Price $ 225,000 Asking Price Per Square Foot $ 116 Average Days on Market (DOM) 194 Percent of Properties with Price Decrease 46 % Percent Relisted (reset DOM) 9% Percent Flip (price increased) 6% Median House Size (sq ft) 2066 Median Lot Size 0.25 - 0.50 acre Median Number of Bedrooms 3.0
≠≠ == ==
Median Number of Bathrooms
Supply and Demand
Market Action Index
±+
The market has been consistently cool for several weeks. Demand 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 Market Action before prices plateau or begin to rise again.
No change
2.5
Strong Buyer's
15.3
≠≠
== Strong upward trend ≠≠ Strong downward trend = Slight upward trend ≠ Slight downward trend
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
Characteristics per Quartile Quartile
Median Price
Sq. Ft.
Top/First
$ 380,742
Upper/Second
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
3249
0.25 - 0.50 acre
4.0
3.5
3
147
2
4
273
Most expensive 25% of properties
$ 264,900
2438
0.25 - 0.50 acre
4.0
2.5
8
147
2
11
191
Upper-middle 25% of properties
Lower/Third
$ 195,995
1754
8,001 10,000 sqft
3.0
2.5
148
2
5
166
Lower-middle 25% of properties
Bottom/Fourth
$ 148,900
1252
8,001 10,000 sqft
3.0
2.0
148
4
12
146
Least expensive 25% of properties
6
River City Real Estate, Toll Free: (866) 456-1862 | www.RCREonline.com | [email protected]
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2009 Altos Research LLC
