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Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 599,450 ±+
Asking Price Per Square Foot $ 191 ==
The median list price in CREVE COEUR, MO this week is $599,450. Average Days on Market (DOM) 276 ≠≠
Percent of Properties with Price Decrease 28 %
Percent Relisted (reset DOM) 10 %
Inventory is tightening and days-on-market is falling. The Market
Action Index shows demand heating up. These are relatively bullish Percent Flip (price increased) 0%
signs for prices. Median House Size (sq ft) 3314
Median Lot Size 0.50 - 1.0 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.5
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, the as supply and demand = Slight upward trend ≠ Slight downward trend
trends continue, the market moves into the Seller's zone, and we are
likely to see upward pressure on pricing.
Price
Market Action Index The market seems to have paused around this plateau. The
Market Action Index is a good leading indicator for the durability
of this trend.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
1.0 - 2.5
Upper/Second $ 860,950 3759 acres 4.0 3.5 20 0 0 299 Upper-middle 25% of properties
0.50 - 1.0
Lower/Third $ 492,450 3128 acre 4.0 3.5 20 1 0 306 Lower-middle 25% of properties
0.25 - 0.50
Bottom/Fourth $ 293,700 1957 acre 4.0 2.5 20 2 4 220 Least expensive 25% of properties
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