The Nolting Report -- St.

Louis Area Luxury Market Overview

August 8, 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

11

17.5%

58

41

6.8

15.22

2.9%

List to
Sales
Ratio
(120+
DOM)

Average
DOM

875,380

92.35%

95.96%

94.77%

93.42%

82.88%

80.92%

159

41

12.8%

37

21

3.5

11.71

2.4%

$ 1,219,799

$ 1,120,210

91.84%

89.97%

94.33%

91.45%

88.58%

89.15%

121

43

8.5%

26

20

3.3

12.90

2.3%

$ 1,540,365

$ 1,376,519

89.36%

95.05%

88.18%

90.29%

89.17%

75.89%

141

29

19.4%

15

11

1.8

15.82

3.4%

$ 1,777,727

$ 1,643,592

92.45%

98.91%

94.04%

86.12%

91.29%

80.68%

175

33

0.0%

13

0.7

49.50

3.0%

$ 2,024,950

$ 1,840,725

90.90%

0.00%

86.05%

0.00%

90.51%

76.94%

246

36

5.3%

11

0.5

72.00

5.6%

$ 2,749,000

$ 2,413,333

87.79%

96.30%

0.00%

0.00%

0.00%

82.47%

421

15

0.0%

0.8

18.00

0.0%

$ 4,939,980

$ 4,073,000

82.45%

0.00%

85.00%

0.00%

0.00%

68.01%

393

301

41

23

12.0%

167

105

17.5

17.20

3.0%

$ 1,484,651

$ 1,333,265

89.80%

94.90%

91.27%

90.08%

87.73%

76.93%

171

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

947,893

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

25.0%
20.0%
15.0%
10.0%

5.0%
0.0%

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