The Nolting Report -- St.

Louis Area Luxury Market Overview

August 15, 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

102

23

13

18.4%

58

47

7.8

13.02

3.9%

List to
Sales
Ratio
(120+
DOM)

Average
DOM

879,204

92.46%

95.57%

94.77%

93.38%

82.88%

81.26%

144

42

10.6%

37

21

3.5

12.00

4.8%

$ 1,219,799

$ 1,120,210

91.84%

89.97%

94.33%

91.45%

88.58%

89.15%

121

40

16.7%

26

20

3.3

12.00

0.0%

$ 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

0.0%

$ 1,777,727

$ 1,643,592

92.45%

98.91%

94.04%

86.12%

91.29%

80.68%

175

32

3.0%

13

0.8

38.40

9.4%

$ 2,059,940

$ 1,847,580

89.69%

0.00%

86.05%

0.00%

90.51%

77.33%

276

36

2.7%

11

0.5

72.00

0.0%

$ 2,749,000

$ 2,413,333

87.79%

96.30%

0.00%

0.00%

0.00%

82.47%

421

14

0.0%

1.0

14.00

0.0%

$ 4,799,983

$ 4,077,500

84.95%

100.00%

85.00%

0.00%

0.00%

68.01%

327

295

45

29

13.2%

167

113

18.8

15.66

3.1%

$ 1,486,861

$ 1,339,821

90.11%

95.45%

91.27%

90.28%

87.73%

77.07%

165

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

950,864

Number of Real Buyers

50
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.