The Nolting Report -- St.

Louis Area Luxury Market Overview

August 25, 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

103

17

14.2%

58

50

8.3

12.36

3.9%

List to
Sales
Ratio
(120+
DOM)

Average
DOM

879,815

92.50%

95.82%

94.77%

93.38%

82.37%

81.20%

147

44

10.2%

37

21

3.5

12.57

4.5%

$ 1,219,799

$ 1,120,210

91.84%

89.97%

94.33%

91.45%

88.58%

89.15%

121

44

15.4%

26

20

3.3

13.20

11.4%

$ 1,540,365

$ 1,376,519

89.36%

95.05%

88.18%

90.29%

89.17%

75.89%

141

28

15.2%

15

10

1.7

16.80

7.1%

$ 1,767,000

$ 1,633,038

92.42%

98.91%

94.04%

86.12%

91.29%

76.52%

224

32

3.0%

13

0.8

38.40

0.0%

$ 2,059,940

$ 1,847,580

89.69%

0.00%

86.05%

0.00%

90.51%

77.33%

276

36

2.7%

11

0.3

108.00

2.8%

$ 2,774,500

$ 2,420,000

87.22%

96.30%

0.00%

0.00%

0.00%

77.32%

133

13

7.1%

1.0

13.00

7.7%

$ 4,799,983

$ 4,077,500

84.95%

100.00%

85.00%

0.00%

0.00%

68.01%

327

300

38

23

11.2%

167

114

19.0

15.79

15

5.0%

$ 1,458,748

$ 1,315,077

90.15%

95.57%

91.27%

90.28%

87.23%

76.22%

163

312

39

21

11.1%

167

101

16.8

18.53

12

3.8%

$ 1,488,956

$ 1,335,499

89.69%

94.56%

91.27%

92.90%

87.73%

76.92%

182

951,112

Number of Real Buyers

60
50
40
30
20
10
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

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.