Thursday September 17, 2009

CREVE COEUR, MO
St. Louis Area Condos - Townhomes - TICs

EXECUTIVE SUMMARY

This Week
Real-Time Market Profile Trend
Median List Price $ 169,000 ==
Asking Price Per Square Foot $ 130 ==
The median list price in CREVE COEUR, MO this week is $169,000. Average Days on Market (DOM) 163 ±+
Percent of Properties with Price Decrease 41 %
Percent Relisted (reset DOM) 4%
Inventory has been lightening lately and the Market Action Index
has been trending up. These are mildly positive indications for the Percent Flip (price increased) 0%
market. Median House Size (sq ft) 1520
Median Number of Bedrooms 2.0
Median Number of Bathrooms 2.0
Market Action Strong Buyer's 11.7 ==

Supply and Demand

The market continues to get hotter. More sales demand and fewer ±+ No change == Strong upward ≠≠ Strong downward
homes listed have contributed to a relatively long run of
increasing prices. Current supply and demand levels show no sign
= Slight upward ≠ Slight downward trend
of prices changing from their current trend.

Price
Market Action Index Price trends in this zip code continued their recent uptrend this
week. While still below the market's high point, we've seen a
nice run recently.

Price Trends

7-Day Rolling Average 90-Day Rolling Buyer/Seller Cutoff

The Market Action Index answers the question "How's the

Market?" By measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.

Quartiles
7-Day Rolling Average 90-Day Rolling

Chacteristics per Quartile Investigate the market in quartiles -

where each quartile is 25% of homes
ordered by price.
Quartile Median Price Square Feet Beds Baths Age Inventory New Absorbed DOM

Top/First $ 339,900 2199 3.0 2.5 24 25 2 4 198 Most expensive 25% of properties

Upper/Second $ 199,900 1623 2.0 2.0 24 25 5 6 170 Upper-middle 25% of properties

Lower/Third $ 149,900 1575 2.0 2.0 25 10 8 103 Lower-middle 25% of properties

Bottom/Fourt $ 120,900 1034 2.0 1.5 26 4 13 182 Least expensive 25% of properties

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