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Current prices for homes on the marketTrends in pricingCurrent levels of supply and demandValue metrics
market updateSt. Louis Area Market Data
SAINT CHARLES63303
2009-05-15Report for the week of 
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River City Real Estate, Toll Free: (866) 456-1862 | www.rcreonline.com | info@RCREonline.com
The median single family homeprice in SAINT CHARLES thisweek is $245,000. The 688 homeshave been on the market for anaverage of 187 days.
THIS WEEK 
Most Expensive ListingLeast Expensive ListingMedian List PriceAverage List PriceReal-Time Market ProfileTrendTotal Inventory$ 245,000$ 309,277$ 3,500,000$ 69,900688187Average Days on MarketAsking Price per Square Foot$ 13024Absorbed This Week*Percent of Properties with Price Decrease41 %Percent Relisted (reset DOM)8 %Percent Flip (price increased)2 %
City Overview
SAINT CHARLES
0.25 - 0.50 acreAltos Research Value StatisticsMarket Action IndexMedian Number of BedroomsMedian Number of BathroomsMedian House Size (sq ft)Median Lot SizeMedian Age1,9613.02.52014Cold! Buyer's
Altos Research calculates the Market Action Index which measures available supplyrelative to the current level of demand. Index value above 30 indicates conditions favor the seller. See the section below for full details.
The Market Action Index has beentrending down lately, whileinventory and days-on-market areclimbing. The trends imply aweakening market.To get a tightly targetedunderstanding of homes in themarket, we break each locale intoquartiles. Each quartile is 25% of thehomes listed.
QUARTILES
Characteristics per Quartile
Last Month's TrendLast Quarter'sTrend KeyNo Clear Monthly/QuarterlyBedBathMed.Sqft.Med.AgeInven.NewAb-sorbedMed. Lot SizeMedian PriceQuart Avg.DoM
*Metric "Absorbed this Week" covers properties sold and those taken off the market for other reasons.Since sales sometimes take months to close, it is impossible to discern in real-time exactly which propertiessold.
Most expensive 25% of homes
0.25 - 0.50acre
3,1464.03.51017244$ 477,500
1
248
Upper-middle 25% of homes
0.25 - 0.50acre
2,2944.02.514172130$ 289,900
2
200
Lower-middle 25% of homes
0.25 - 0.50acre
1,7543.02.518172108$ 210,000
3
165
Least expensive 25% of homes
1,2143.02.0391721312
8,001 - 10,000sq ft
$ 154,900
4
136
We'll refer to the quartiles in thetrend graphs below.
2
St. Louis Area Market Data Reports Market Update for SAINT CHARLES
 
River City Real Estate, Toll Free: (866) 456-1862 | www.rcreonline.com | info@RCREonline.com
PRICE
This week prices remainedrelatively flat. However the recenttrends have us pulling back fromthe market’s high points. TheMarket Action Index is a goodleading indicator for the durabilityof this trend.
QUARTILE PRICES
Prices in most of the market havebeen trending higher in recentweeks. However the high-end of themarket (Quartile 1) is showing someweakness. If this trend continues,expect downward price pressureson the rest of the market to follow.Often, we find insights by watchingpricing trends within the quartilesegments.
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St. Louis Area Market Data Reports Market Update for SAINT CHARLES
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