River City Real Estate's market update

SAINT CHARLES
Sunday January 11, 2009
Real-Time Market Profile Trend
Median List Price THIS WEEK
$ 239,000
The median single family home
Asking Price per Square Foot $ 131 price in SAINT CHARLES this
Average Days on Market 157 week is $239,000.
Percent of Properties with Price Decrease 45 %
Percent Relisted (reset DOM) 15 %
Percent Flip (price increased) 6%
Median House Size (sq ft) 1,879
Inventory has been decreasing
Median Lot Size 0.25 - 0.50 acre lately but the Market Action Index
Median Number of Bedrooms 3.0 is falling also. With days-on-market
Median Number of Bathrooms 2.5 climbing, these are relatively
Market Action Index* Cold! Buyer's 14 negative implications for the
* see below for details on the Market Action Index
market.
PRICE
This week prices remained
relatively flat. However the recent
trends have us pulling back from
the market’s high points. The
Market Action Index is a good
leading indicator for the durability
of this trend.

The Market Action Index answers the question "How's the Market?" By measuring the SUPPLY AND DEMAND
current rate of sale versus the amount of the inventory.
Local conditions are currently quite
strongly in the Buyer's Market zone
(below 30). The 90-day Market
Action Index stands at 14. With
several months of inventory
available at the current sales rate,
buyers should find ample choice.

Index above 30 implies Seller's Market conditions. Below 30, conditions favor the
buyer.
QUARTILES
Characteristics per Quartile Investigate the market in
Med. Med. Ab- Avg. quartiles—where each quartile is
Quart Median Price Sqft Med. Lot Size Bed Bath Age Inven. New sorbed DoM 25% of the homes
0.25 - 0.50 acre
1 $ 500,000 3,079 4.0 3.5 12 148 3 11 189 Most expensive 25% of homes
0.25 - 0.50 acre
2 $ 289,450 2,270 4.0 2.5 14 148 10 10 176 Upper-middle 25% of homes
8,001 - 10,000
3 $ 199,950 1,668 sq ft 3.0 2.5 20 148 10 11 153 Lower-middle 25% of homes
8,001 - 10,000
4 $ 140,000 1,154 sq ft 3.0 2.0 40 149 12 14 113 Least expensive 25% of homes

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About Altos Research Corporation
Altos Research Corp. reports real-time analysis of the residential real estate market in local markets across the country. All
information contained herein is based on properties currently listed for sale and available publicly. When evaluating a
particular property, make sure you use comparable sales data in addition to the market trend information available in this
report. The data presented in this report is accurate to the best of our knowledge, but cannot be guaranteed as such. Use
this report as one input in the real estate decision making process, but do not rely on it for accuracy. Nothing in this report
or any other Altos Research publication is a recommendation to buy or to sell real estate. We recommend you work with a
licensed real estate agent or broker.

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