Upload
finding-homes-for-you
View
219
Download
0
Embed Size (px)
Citation preview
8/6/2019 Chesterfield Market Summary July 11th
1/1
0 63842
1073.0 0
4.0
1
98
4.0 56
139
5
3
0.25 - 0.50acre
0
$ 344,750
6
2
56
4.5
0.25 - 0.50acre
24.0
22790.25 - 0.50
acre
56
$ 258,000
4.0
167
0.25 - 0.50acre$ 399,900
4.0$ 649,900
0
4
2844
In this zip code this week saw relatively little price change flast week. However, we continue to demonstrate a nice up over the last several weeks.
In terms of supply and demand, the market is getting cooler - moresupply is coming on the market relative to the sales demand.
However, in recent weeks prices have been moving higher. Since it istechnically a Buyer's market, this price trend may be a result ofimproved quality (newer, larger homes) of the homes being listed.Look at the descriptive statistics where you may notice the homesbeing listed are larger and younger than they have been in the past.
Inventory is up and Market Action is trending down recently. Whiledays-on-market appears to be trending lower, the overallconditions are weakening a bit.
CHESTERFIELD (MO), MOFinding Homes for YouExecutive Summary
55
2534
3.0
Monday July 11, 2011
The median list price in CHESTERFIELD (MO), MO 63017 this week is$360,000.
Investigate the market in quartwhere each quartile is 25% of hordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659
No change Strong upward trend Strong downward t
Slight upward trend Slight downward tr
+ ==
=
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2010 Altos Research LLC
Single Family Homes
Median Lot Size
13.9
Percent Relisted (reset DOM)
2640
4.0
1 %
Median Number of Bathrooms
128
Median List Price
Average Days on Market (DOM)
$ 138
Percent Flip (price increased)
0.25 - 0.50 acre
Median House Size (sq ft)
$ 360,000
52 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %
Percent of Properties with Price Decrease
Strong Buyer's
==
==
ttom/Fourth
Lower/Third
pper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Tren
Price
Price T
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average