Below is the monthly real estate market report for many of St. Louis County’s school districts.
This year, homes are taking 3 months on average to sell compared to only 2 months just a few years ago. One of the things that I watch each month is the difference between the average sale price and days on market for ACTIVE vs SOLD properties. In some areas such as Brentwood, Webster Groves and University City, the differences between the people still trying to find a buyer (actives) and the ones that successfully sold is fairly minimal. The homes in these areas seem to be more fairly priced on average.
In comparison, there are huge differences between the people still trying to find a buyer and the ones that found their buyer in other areas including Ladue, Lindbergh and Rockwood. If you have one of the unsold homes in these areas, and you have been on the market much longer than the average, you might want to take a serious look at your price and how you compare to the other homes in your price point.
The information is based on residential closed sales through the MARIS and is deemed reliable but not guaranteed. Active & pending sales are as of June 7, 2008.
| Brentwood School District | May 08 | April 08 |
| # of Active properties: | 51 | 50 |
| # of Under Contract properties: | 12 | 21 |
| # of Sold properties: | 14 | 12 |
| Avg Active list price: | $290,168 | $326,972 |
| Avg Sold price: | $297,575 | $293,308 |
| Avg days on market Active properties: | 112 | 112 |
| Avg days on market Sold: | 101 | 119 |
| Avg Sold $/List $: | 95.02% | 97.29% |
| Hi/Low Sold price: | $588,500/$150,000 | $525,000/$151,500 |
| Clayton School District | May 08 | April 08 |
| # of Active properties: | 52 | 61 |
| # of Under Contract properties: | 20 | 18 |
| # of Sold properties: | 14 | 7 |
| Avg Active list price: | $1,166,437 | $1,038,009 |
| Avg Sold price: | $603,193 | $927,429 |
| Avg days on market Active properties: | 103 | 77 |
| Avg days on market Sold: | 97 | 64 |
| Avg Sold $/List $: | 97.56% | 89.90% |
| Hi/Low Sold price: | $1,775,000/$160,000 | $2,500,000/$505,000 |
| Ladue School District | May 08 | April 08 |
| # of Active properties: | 222 | 223 |
| # of Under Contract properties: | 74 | 74 |
| # of Sold properties: | 47 | 24 |
| Avg Active list price: | $1,173,462 | $1,049,806 |
| Avg Sold price: | $724,472 | $725,447 |
| Avg days on market Active properties: | 172 | 158 |
| Avg days on market Sold: | 123 | 172 |
| Avg Sold $/List $: | 88.60% | 93.80% |
| Hi/Low Sold price: | $4,100,000/$3,400 | $2,600,000/$130,000 |
| Lindbergh School District | May 08 | April 08 |
| # of Active properties: | 229 | 235 |
| # of Under Contract properties: | 85 | 71 |
| # of Sold properties: | 49 | 36 |
| Avg Active list price: | $397,544 | $387,591 |
| Avg Sold price: | $232,855 | $228,599 |
| Avg days on market Active properties: | 107 | 120 |
| Avg days on market Sold: | 77 | 84 |
| Avg Sold $/List $: | 91.98% | 95.44% |
| Hi/Low Sold price: | $725,437/$2,700 | $675,000/$95,000 |
| Kirkwood School District | May 08 | April 08 |
| # of Active properties: | 307 | 312 |
| # of Under Contract properties: | 87 | 96 |
| # of Sold properties: | 54 | 40 |
| Avg Active list price: | $441,177 | $422,133 |
| Avg Sold price: | $388,522 | $294,535 |
| Avg days on market Active properties: | 108 | 110 |
| Avg days on market Sold: | 92 | 80 |
| Avg Sold $/List $: | 91.05% | 96.60% |
| Hi/Low Sold price: | $926,000/$123,000 | $917,363/$80,250 |
| Maplewood – Richmond Heights School District | May 08 | April 08 |
| # of Active properties: | 85 | 86 |
| # of Under Contract properties: | 24 | 19 |
| # of Sold properties: | 9 | 14 |
| Avg Active list price: | $253,359 | $268,799 |
| Avg Sold price: | $200,801 | $210,561 |
| Avg days on market Active properties: | 93 | 101 |
| Avg days on market Sold: | 98 | 98 |
| Avg Sold $/List $: | 95.18% | 95.78% |
| Hi/Low Sold price: | $500,000/$60,000 | $364,000/$55,000 |
| Mehlville School District | May 08 | April 08 |
| # of Active properties: | 444 | 434 |
| # of Under Contract properties: | 92 | 112 |
| # of Sold properties: | 66 | 63 |
| Avg Active list price: | $282,450 | $290,600 |
| Avg Sold price: | $215,107 | $207,926 |
| Avg days on market Active properties: | 140 | 150 |
| Avg days on market Sold: | 102 | 93 |
| Avg Sold $/List $: | 95.71% | 96.56% |
| Hi/Low Sold price: | $665,000/$65,000 | $461,000/$80,000 |
| Parkway School District | May 08 | April 08 |
| # of Active properties: | 673 | 655 |
| # of Under Contract properties: | 215 | 184 |
| # of Sold properties: | 118 | 102 |
| Avg Active list price: | $527,080 | $528,289 |
| Avg Sold price: | $328,088 | $377,812 |
| Avg days on market Active properties: | 99 | 99 |
| Avg days on market Sold: | 86 | 96 |
| Avg Sold $/List $: | 95.72% | 95.55% |
| Hi/Low Sold price: | $1,770,808/$109,000 | $1,765,000/$110,000 |
| Pattonville School District | May 08 | April 08 |
| # of Active properties: | 223 | 232 |
| # of Under Contract properties: | 54 | 54 |
| # of Sold properties: | 37 | 25 |
| Avg Active list price: | $183,020 | $178,325 |
| Avg Sold price: | $165,961 | $165,526 |
| Avg days on market Active properties: | 128 | 122 |
| Avg days on market Sold: | 66 | 76 |
| Avg Sold $/List $: | 97.15% | 96.86% |
| Hi/Low Sold price: | $359,900/$59,500 | $280,000/$66,000 |
| Rockwood School District | May 08 | April 08 |
| # of Active properties: | 1052 | 1002 |
| # of Under Contract properties: | 227 | 237 |
| # of Sold properties: | 136 | 102 |
| Avg Active list price: | $542,518 | $534,343 |
| Avg Sold price: | $314,813 | $371,725 |
| Avg days on market Active properties: | 127 | 126 |
| Avg days on market Sold: | 83 | 96 |
| Avg Sold $/List $: | 96.29% | 95.59% |
| Hi/Low Sold price: | $825,000/$112,200 | $1,395,000/$130,000 |
| Webster Groves School District | May 08 | April 08 |
| # of Active properties: | 239 | 225 |
| # of Under Contract properties: | 86 | 90 |
| # of Sold properties: | 55 | 37 |
| Avg Active list price: | $289,569 | $299,526 |
| Avg Sold price: | $234,791 | $282,561 |
| Avg days on market Active properties: | 86 | 84 |
| Avg days on market Sold: | 71 | 79 |
| Avg Sold $/List $: | 96.35% | 96.39% |
| Hi/Low Sold price: | $625,000/$13,000 | $1,190,700/$30,000 |
| University City School District | May 08 | April 08 |
| # of Active properties: | 229 | 230 |
| # of Under Contract properties: | 64 | 71 |
| # of Sold properties: | 48 | 32 |
| Avg Active list price: | $240,409 | $247,888 |
| Avg Sold price: | $223,333 | $206,397 |
| Avg days on market Active properties: | 93 | 86 |
| Avg days on market Sold: | 78 | 100 |
| Avg Sold $/List $: | 96.56% | 97.11% |
| Hi/Low Sold price: | $533,000/$16,500 | $745,000/$33,800 |
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.
10936 Manchester Road St. Louis, MO, 63122 USA
admin@archcityhomes.com • 314-677-6538
Possibly Related Posts:
- St. Louis Region Housing Market Report – 2009 Condo Sales
- St. Louis Region Housing Market Report – Home Sales (Jan – June 2009)
- St. Louis Region Market Report: January – June 2008 (Part 2)
- St. Louis Region Market Report: January – June 2008 (Part 1)
