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SAINT CHARLES
St. Louis Area Market Data
63301
Sunday April 5, 2009
market update
The median single family homeprice in SAINT CHARLES 63301this week is $199,900.
THIS WEEK 
Median List PriceReal-Time Market ProfileTrend$ 199,900196Average Days on MarketAsking Price per Square Foot$ 127Percent of Properties with Price Decrease38 %Percent Relisted (reset DOM)10 %Percent Flip (price increased)8 %Market Action Index*15Cold! Buyer'sMedian Number of BedroomsMedian Number of BathroomsMedian House Size (sq ft)Median Lot Size1,5423.02.28,001 - 10,000 Sq.
Inventory has been lighteninglately and the Market Action Indexhas been trending up. Though days-on-market is increasing, these aremildly positive indications for themarket.
* see below for details on the Market Action Index
PRICE
The market for this zip codecontinues its bounce again thisweek. We’re a long way from themarket’s high point so watch theMarket Action Index to predict howlong this trend will last.
SUPPLY AND DEMAND
The Market Action Index answers the question "How's the Market?" By measuring thecurrent rate of sale versus the amount of the inventory.
Local conditions are currently quitestrongly in the Buyer's Market zone(below 30). The 90-day MarketAction Index stands at 15. Withseveral months of inventoryavailable at the current sales rate,buyers should find ample choice.
Index above 30 implies Seller's Market conditions. Below 30, conditions favor thebuyer.
BedBathMed.SqftMed.AgeInven.NewAb-sorbedMed. Lot SizeMedian PriceQuart
Investigate the market inquartiles—where each quartile is25% of the homes
QUARTILES
Characteristics per Quartile
Avg.DoM
2,6904.03.244820
8,001 - 10,000sq ft
$ 399,950
1
Most expensive 25% of homes
2541,9563.02.5214840
8,001 - 10,000sq ft
$ 242,400
2
Upper-middle 25% of homes
207
0.25 - 0.50 acre
 
1,4663.02.0434833$ 172,200
3
Lower-middle 25% of homes
1581,0923.01.54949512
6,501 - 8,000sq ft
$ 129,900
4
Least expensive 25% of homes
168
River City Real Estate, Toll Free: (866) 456-1862 | www.rcreonline.com | info@RCREonline.com
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RCREonline

Apparently Scribd is having some sort of error displaying the charts. We'll work to try and get that fixed...

reply04 / 08 / 2009
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