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The Nolting Report -- St.

Louis Area Luxury Market Overview


August 1, 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

104

22

10

17.5%

32

39

6.5

16.00

16

15.4%

List to
Sales
Ratio
(120+
DOM)

Average
DOM

875,144

92.07%

95.31%

94.77%

94.23%

82.88%

80.92%

165

43

14.0%

22

20

3.3

12.90

16.3%

$ 1,222,039

$ 1,121,221

91.75%

89.97%

94.33%

90.41%

88.58%

89.15%

123

41

8.9%

20

19

3.2

12.95

19.5%

$ 1,537,232

$ 1,371,599

89.23%

95.05%

88.18%

89.42%

89.17%

75.89%

144

32

17.9%

10

10

1.7

19.20

12.5%

$ 1,765,600

$ 1,643,951

93.11%

98.91%

94.04%

90.60%

91.29%

80.68%

186

32

3.0%

0.7

48.00

9.4%

$ 2,024,950

$ 1,840,725

90.90%

0.00%

86.05%

0.00%

90.51%

76.94%

246

37

5.1%

0.5

74.00

10.8%

$ 2,749,000

$ 2,413,333

87.79%

96.30%

0.00%

0.00%

0.00%

82.47%

421

14

0.0%

0.8

16.80

7.1%

$ 4,939,980

$ 4,073,000

82.45%

0.00%

85.00%

0.00%

0.00%

68.01%

393

303

43

23

12.4%

101

100

16.7

18.18

43

14.2%

$ 1,494,195

$ 1,340,228

89.70%

94.56%

91.27%

90.91%

87.73%

76.93%

177

234

17

29

6.8%

183

92

15.3

15.26

10

4.3%

$ 1,566,719

$ 1,391,161

88.79%

95.76%

88.90%

86.19%

87.72%

77.14%

209

950,477

Number of Real Buyers


45
40
35
30
25
20
15
10
5
0

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


20.0%
18.0%
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%

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

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