Last month, I started publishing Monthly Market reports for St. Louis City, St. Louis County, and St. Charles County.
Below you’ll find the December real estate market statistics for St. Louis City.
St. Louis City is made up of numerous ‘neighborhoods’, many of which do not correspond to any officially designated area. I have used a mapping function that allows me to define an area on a map for my data analysis. I freely admit that the mapping boundaries may differ from other official boundaries designated by the city.
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 January 1, 2008. The data is obtained through MARIS and is deemed reliable but is not guaranteed.
| St. Louis City – Central West End | |
| # of Active properties: | 72 |
| # of Under Contract properties: | 20 |
| # of Sold properties: | 2 |
| Avg Active list price: | $440,205 |
| Avg Sold price: | $345,450 |
| Avg days on market Active properties: | 171 |
| Avg days on market Sold: | 148 |
| Avg Sold $/List $: | 98.01% |
| Hi/Low Sold price: | $411,000/$279,900 |
| St. Louis City – South City | |
| # of Active properties: | 470 |
| # of Under Contract properties: | 62 |
| # of Sold properties: | 72 |
| Avg Active list price: | $146,028 |
| Avg Sold price: | $132,485 |
| Avg days on market Active properties: | 107 |
| Avg days on market Sold: | 82 |
| Avg Sold $/List $: | 94.78% |
| Hi/Low Sold price: | $335,000/$36,000 |
| St. Louis City – Tower Grove Park/Shaw Garden | |
| # of Active properties: | 142 |
| # of Under Contract properties: | 14 |
| # of Sold properties: | 19 |
| Avg Active list price: | $183,017 |
| Avg Sold price: | $153,797 |
| Avg days on market Active properties: | 143 |
| Avg days on market Sold: | 160 |
| Avg Sold $/List $: | 97.00% |
| Hi/Low Sold price: | $385,000/$38,500 |
| St. Louis City – Soulard/Lafayette Square/Benton Park | |
| # of Active properties: | 135 |
| # of Under Contract properties: | 21 |
| # of Sold properties: | 9 |
| Avg Active list price: | $244,257 |
| Avg Sold price: | $179,900 |
| Avg days on market Active properties: | 160 |
| Avg days on market Sold: | 137 |
| Avg Sold $/List $: | 97.85% |
| Hi/Low Sold price: | $319,900/$36,500 |
One interesting thing I noticed is the difference in the percentage off that homes are selling for based on the area. Buyers looking for homes in the South City area are getting a much better deal than buyers in other parts of the city even though the homes are selling faster in this area than other parts of the city.
For now, I’m just tracking residential properties (single family homes). Let me know in a comment below if you would like to see the same information for condos. If my readers want it, I’ll be happy to start tracking the statistics for condos too.
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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 2008 – Single Family Homes
- St. Louis Region Market Report: January – June 2008 (Part 1)
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