The Nolting Report -- St.

Louis Area Luxury Market Overview

October 17, 2011

800,000999,999
1,000,0001,249,999
1,250,0001,499,999
1,500,0001,749,999
1,750,0001,999,999
2,000,0002,999,999
3,000,000+
Market
Totals
4 weeks
prior

Number
of Active
Listings

Number
of
Pending
Listings

Pending
(Last 30
Days)

% of all
Listings
under
contract

Expired
Listings
last 6
months

Closed
Listings
last 6
months

Sold/mo

Months of
Inventory

Prices
Prices
Average list
Reduced reduced % price (Sold
last 7 days vs Actives
Homes)

Average Sold
Price

List to
Sales
Ratio
Overall

121

6.9%

51

51

8.5

14.24

5.0%

List to
Sales
Ratio
(120+
DOM)

Average
DOM

875,144

93.71%

96.57%

94.89%

93.34%

83.72%

86.35%

106

52

7.1%

33

23

3.8

13.57

5.8%

$ 1,208,596

$ 1,114,457

92.21%

89.97%

92.90%

91.45%

88.58%

87.86%

146

46

8.0%

27

17

2.8

16.24

8.7%

$ 1,526,341

$ 1,363,794

89.35%

96.30%

0.00%

87.86%

89.90%

79.51%

137

30

9.1%

18

10

1.7

18.00

3.3%

$ 1,753,000

$ 1,631,038

93.04%

98.91%

0.00%

87.00%

91.29%

75.03%

225

28

9.7%

16

0.8

33.60

3.6%

$ 2,059,940

$ 1,847,580

89.69%

0.00%

86.05%

0.00%

90.51%

77.33%

276

37

2.6%

13

0.0

#DIV/0!

2.7%

0.00%

0.00%

0.00%

0.00%

0.00%

0.00%

11

0.0%

1.0

11.00

0.0%

$ 5,029,150

$ 4,234,167

84.19%

100.00%

0.00%

80.40%

0.00%

68.01%

336

325

24

6.9%

163

112

18.7

17.41

16

4.9%

$ 1,423,030

$ 1,289,309

90.60%

96.10%

92.49%

87.90%

87.70%

77.42%

150

297

36

19

10.8%

164

109

18.2

16.35

10

3.4%

$ 1,431,767

$ 1,293,970

90.38%

95.74%

93.18%

90.28%

86.84%

76.29%

162

933,907

Number of Real Buyers

List to
List to
List to
List to
Sales
Sales
Sales
Sales
Ratio (0- Ratio (31- Ratio (61- Ratio (9130 DOM) 60 DOM) 90 DOM) 120 DOM)

Odds of Selling Your Home

60

12.0%

50

10.0%

40

8.0%

30

6.0%

20

4.0%

10

2.0%

0.0%

For more information, or for an evaluation of your home, please call Russell Nolting at 314-677-6560.