St. Louis County – March Market Report

by Karen Goodman on April 3, 2008

Below is the monthly real estate market report for many of St. Louis County’s school districts.

Keep in mind that most homes with firm contracts close in about 30 days, so the homes that closed in March were mostly purchased in February. The spring market has definitely arrived.

The information is based on residential closed sales through the MARIS and is deemed reliable but not guaranteed. Active & pending sales are as of April 4, 2008.

Brentwood School District	March 08	Feb. 08
# of Active properties:	52	57
# of Under Contract properties:	20	14
# of Sold properties:	6	11
Avg Active list price:	$308,110	$336,811
Avg Sold price:	$272,000	$278,259
Avg days on market Active properties:	112	138
Avg days on market Sold:	88	254
Avg Sold $/List $:	95.73%	92.28%
Hi/Low Sold price:	$360,000/$181,000	$457,500/$150,000

Clayton School District	March 08	Feb. 08
# of Active properties:	50	44
# of Under Contract properties:	18	9
# of Sold properties:	3	6
Avg Active list price:	$1,140,548	$964,134
Avg Sold price:	$547,000	$515,833
Avg days on market Active properties:	84	138
Avg days on market Sold:	81	187
Avg Sold $/List $:	96.65%	93.43%
Hi/Low Sold price:	$669,000/$377,000	$770,000/$280,000

Ladue School District	March 08	Feb. 08
# of Active properties:	218	216
# of Under Contract properties:	63	63
# of Sold properties:	27	14
Avg Active list price:	$1,071,105	$1,039,622
Avg Sold price:	$730,670	$607,421
Avg days on market Active properties:	169	174
Avg days on market Sold:	116	91
Avg Sold $/List $:	92.24%	94.92%
Hi/Low Sold price:	$1,850,000/$199,900	$1,585,000/$90,000

Lindbergh School District	March 08	Feb. 08
# of Active properties:	229	214
# of Under Contract properties:	69	63
# of Sold properties:	37	17
Avg Active list price:	$389,586	$383,487
Avg Sold price:	$163,734	$228,270
Avg days on market Active properties:	115	127
Avg days on market Sold:	105	78
Avg Sold $/List $:	95.59%	95.56%
Hi/Low Sold price:	$640,000/$46,000	$550,000/$93,000

Kirkwood School District	March 08	Feb. 08
# of Active properties:	286	284
# of Under Contract properties:	93	74
# of Sold properties:	36	22
Avg Active list price:	$442,985	$443,149
Avg Sold price:	$333,768	$257,273
Avg days on market Active properties:	117	121
Avg days on market Sold:	105	118
Avg Sold $/List $:	97.97%	93.89%
Hi/Low Sold price:	$1,070,000/$65,000	$640,000/$75,000

Maplewood – Richmond Heights School District	March 08	Feb. 08
# of Active properties:	80	74
# of Under Contract properties:	20	16
# of Sold properties:	11	10
Avg Active list price:	$218,685	$173,560
Avg Sold price:	$225,364	$181,683
Avg days on market Active properties:	115	151
Avg days on market Sold:	125	108
Avg Sold $/List $:	93.68%	94.61%
Hi/Low Sold price:	$410,000/$80,500	$447,500/$72,000

Mehlville School District	March 08	Feb. 08
# of Active properties:	400	383
# of Under Contract properties:	97	90
# of Sold properties:	56	42
Avg Active list price:	$291,129	$289,170
Avg Sold price:	$205,168	$206,700
Avg days on market Active properties:	155	159
Avg days on market Sold:	78	106
Avg Sold $/List $:	96.35%	95.40%
Hi/Low Sold price:	$445,000/$78,500	$468,300/$70,000

Parkway School District	March 08	Feb. 08
# of Active properties:	593	555
# of Under Contract properties:	182	161
# of Sold properties:	92	51
Avg Active list price:	$540,569	$551,727
Avg Sold price:	$323,528	$359,997
Avg days on market Active properties:	99	109
Avg days on market Sold:	82	83
Avg Sold $/List $:	91.04%	94.84%
Hi/Low Sold price:	$2,150,000/$91,000	$2,200,000/$100,000

Pattonville School District	March 08	Feb. 08
# of Active properties:	212	183
# of Under Contract properties:	42	37
# of Sold properties:	17	20
Avg Active list price:	$174,847	$178,146
Avg Sold price:	$157,424	$163,050
Avg days on market Active properties:	121	124
Avg days on market Sold:	53	115
Avg Sold $/List $:	96.14%	95.27%
Hi/Low Sold price:	$289,500/$88,500	$338,000/$59,000

Rockwood School District	March 08	Feb. 08
# of Active properties:	933	839
# of Under Contract properties:	186	172
# of Sold properties:	88	63
Avg Active list price:	$528,001	$543,147
Avg Sold price:	$371,851	$382,663
Avg days on market Active properties:	128	139
Avg days on market Sold:	121	119
Avg Sold $/List $:	94.23%	95.91%
Hi/Low Sold price:	$1,787,500/$95,500	$1,190,472/$112,000

Webster Groves School District	March 08	Feb. 08
# of Active properties:	196	203
# of Under Contract properties:	77	69
# of Sold properties:	33	29
Avg Active list price:	$303,187	$230,716
Avg Sold price:	$237,036	$191,478
Avg days on market Active properties:	87	103
Avg days on market Sold:	107	110
Avg Sold $/List $:	95.71%	94.33%
Hi/Low Sold price:	$950,000/$50,000	$579,000/$800

University City School District	March 08	Feb. 08
# of Active properties:	218	190
# of Under Contract properties:	61	68
# of Sold properties:	43	18
Avg Active list price:	$252,914	$285,515
Avg Sold price:	$209,133	$178,975
Avg days on market Active properties:	92	102
Avg days on market Sold:	66	93
Avg Sold $/List $:	95.66%	96.11%
Hi/Low Sold price:	$1,200,000/$16,000	$400,000/$44,000

Did I miss the school district where you live or want to move? Let me know in the comments below and I’ll add it to the school districts that I track next month.

Watch out for the St. Charles County market report tomorrow.