As mentioned in my previous two posts covering St. Louis County and St. Charles County, I will be providing monthly market updates of market conditions in the St. Louis region. This report will give you information on some of St. Louis City’s most popular areas.
St. Louis City is made up of numerous ‘neighborhoods’, many of which do not correspond to any officially designated area. And since St. Louis City consists of one large school district, I won’t be dividing the city up by schools. Instead, I have used a mapping function that allows me to define an area on a map for my data analysis.
The data below summarizes only residential properties located within the mapping boundaries that have been listed through the MLS. This data includes single family homes, detached cluster homes, and new construction. It may also include some townhomes and attached villas if they were entered as residential properties rather than condo/cluster properties. Active & Under Contract data is based on December 2, 2007. The data is obtained through MARIS and is deemed reliable but is not guaranteed.
| St. Louis City – Central West End | |
| # of Active properties: | 84 |
| # of Under Contract properties: | 19 |
| # of Sold properties (Nov 07): | 7 |
| Avg Active list price: | $423,015 |
| Avg Sold price (Nov 07): | $644,270 |
| Avg days on market Active properties: | 154 |
| Avg days on market Sold (Nov 07): | 109 |
| Avg Sold $/List $ (Nov 07): | 94.22% |
| Hi/Low Sold price (Nov 07): | $1,225,000/$108,000 |
| St. Louis City – South City | |
| # of Active properties: | 556 |
| # of Under Contract properties: | 94 |
| # of Sold properties (Nov 07): | 84 |
| Avg Active list price: | $147,742 |
| Avg Sold price (Nov 07): | $143,225 |
| Avg days on market Active properties: | 99 |
| Avg days on market Sold (Nov 07): | 78 |
| Avg Sold $/List $ (Nov 07): | 95.54% |
| Hi/Low Sold price (Nov 07): | $340,000/$29,000 |
| St. Louis City – Tower Grove Park/Shaw Garden | |
| # of Active properties: | 160 |
| # of Under Contract properties: | 31 |
| # of Sold properties (Nov 07): | 15 |
| Avg Active list price: | $189,414 |
| Avg Sold price (Nov 07): | $183,052 |
| Avg days on market Active properties: | 109 |
| Avg days on market Sold (Nov 07): | 129 |
| Avg Sold $/List $ (Nov 07): | 94.55% |
| Hi/Low Sold price (Nov 07): | $385,000/$65,000 |
| St. Louis City – Soulard/Lafayette Square/Benton Park | |
| # of Active properties: | 183 |
| # of Under Contract properties: | 18 |
| # of Sold properties (Nov 07): | 5 |
| Avg Active list price: | $258,866 |
| Avg Sold price (Nov 07): | $203,600 |
| Avg days on market Active properties: | 135 |
| Avg days on market Sold (Nov 07): | 54 |
| Avg Sold $/List $ (Nov 07): | 97.87% |
| Hi/Low Sold price (Nov 07): | $472,000/$20,000 |
Did I miss the part of town you care about most? Leave me a comment below and I’ll make sure to include the data in my future monthly reports.
PDF Possibly Related Posts:
- St. Louis Region Housing Market Report – Home Sales (Jan – June 2009)
- St. Louis Region Market Report 2008 – Part 3
- St. Louis Region Market Report: January – June 2008 (Part 1)
- Housing Inventory has been Dropping – A Good Sign for the Real Estate Market
