Real Time Marketing Report for Ballwin, MO

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  • 8/2/2019 Real Time Marketing Report for Ballwin, MO

    1/1

    12 23650

    1132.5 29

    3.0

    15

    145

    3.0 59

    175

    5

    12

    1.0 - 2.5acres

    39

    $ 199,900

    6

    2

    60

    4.0

    0.25 - 0.50acre

    73.0

    12368,001 -

    10,000 sqft

    59

    $ 139,375

    4.0

    236

    0.25 - 0.50acre$ 339,900

    4.0$ 459,900

    17

    4

    2418

    Again this week in this zip code we see a downward notch foprices. Pricing has been weak in recent weeks and versus thabsolute-high level. At this point, we will be looking for apersistent upward shift in the Market Action Index as a leadindicator for a trough in prices.

    Home sales have been exceeding new inventory for several weeks.However because of excess inventory, prices have not yet stopped

    falling. Should the sales trend continue, expect prices to level offsoon and potentially to resume their climb from there. Watch pricesas the market transitions from a Buyer's market to a Seller's market.

    Inventory and days-on-market are both trending higher recently.However, the improving Market Action Index implies someincreased demand will temper the negative trends.

    BALLWIN, MO 63021Finding Homes for YouExecutive Summary

    59

    1515

    2.0

    Monday May 7, 2012

    The median list price in BALLWIN, MO 63021 this week is $249,900.

    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 2005-2010 Altos Research LLC

    Single Family Homes

    Median Lot Size

    20.3

    Percent Relisted (reset DOM)

    1879

    3.0

    2 %

    Median Number of Bathrooms

    167

    Median List Price

    Average Days on Market (DOM)

    $ 131

    Percent Flip (price increased)

    0.25 - 0.50 acre

    Median House Size (sq ft)

    $ 249,900

    39 %

    4.0

    Market Action Index

    Median Number of Bedrooms

    Asking Price Per Square Foot

    n/a

    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