Thursday September 17, 2009
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Thursday September 17, 2009
CREVE COEUR, MO
St. Louis Area
Condos - Townhomes - TICs
EXECUTIVE SUMMARY
This Week
Real-Time Market Profile Median List Price Asking Price Per Square Foot Average Days on Market (DOM) Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Number of Bedrooms Median Number of Bathrooms
The median list price in CREVE COEUR, MO this week is $169,000.
Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.
Market Action
Supply and Demand ±+
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
No change
Trend $ 169,000 $ 130 163 41 % 4% 0% 1520 2.0 2.0
== == ±+
11.7
==
Strong Buyer's
== Strong upward = Slight upward
≠≠ Strong downward ≠ Slight downward trend
Price Market Action Index
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Price Trends
7-Day Rolling Average
90-Day Rolling
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
Chacteristics per Quartile Quartile
Median Price
Square Feet
Beds
Baths
90-Day Rolling
Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Age Inventory New Absorbed DOM
Top/First
$ 339,900
2199
3.0
2.5
24
25
2
4
198
Most expensive 25% of properties
Upper/Second
$ 199,900
1623
2.0
2.0
24
25
5
6
170
Upper-middle 25% of properties
Lower/Third
$ 149,900
1575
2.0
2.0
25
10
8
103
Lower-middle 25% of properties
Bottom/Fourt
$ 120,900
1034
2.0
1.5
26
4
13
182
Least expensive 25% of properties
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
CREVE COEUR, MO
St. Louis Area
Condos - Townhomes - TICs
EXECUTIVE SUMMARY
This Week
Real-Time Market Profile Median List Price Asking Price Per Square Foot Average Days on Market (DOM) Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Number of Bedrooms Median Number of Bathrooms
The median list price in CREVE COEUR, MO this week is $169,000.
Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.
Market Action
Supply and Demand ±+
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
No change
Trend $ 169,000 $ 130 163 41 % 4% 0% 1520 2.0 2.0
== == ±+
11.7
==
Strong Buyer's
== Strong upward = Slight upward
≠≠ Strong downward ≠ Slight downward trend
Price Market Action Index
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Price Trends
7-Day Rolling Average
90-Day Rolling
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
Chacteristics per Quartile Quartile
Median Price
Square Feet
Beds
Baths
90-Day Rolling
Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Age Inventory New Absorbed DOM
Top/First
$ 339,900
2199
3.0
2.5
24
25
2
4
198
Most expensive 25% of properties
Upper/Second
$ 199,900
1623
2.0
2.0
24
25
5
6
170
Upper-middle 25% of properties
Lower/Third
$ 149,900
1575
2.0
2.0
25
10
8
103
Lower-middle 25% of properties
Bottom/Fourt
$ 120,900
1034
2.0
1.5
26
4
13
182
Least expensive 25% of properties
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
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