St. Louis Home Prices for West County – Ballwin, Chesterfield, Des Peres, Ladue, and Wildwood

Everyone wants to know “How’s the market doing?”   The answer … it depends on location.  The chart above clearly demonstrates the highs and lows of home values since the beginning of this year.  For some Sellers it has been depressing, for buyers an opportunity like never before.

Neighborhoods are like mutual funds.  Some outperform others.  Just like there are many mutual funds, there are also many neighborhoods that may, or may not, be performing as well this year. You just have to get a hold of the data to know!

Let’s see where some of the values might be and the homes that are now on the market …

Ballwin Real Estate

If you look at the chart for Ballwin you will see median prices are at the lowest level they have been at for the year.  In spite of the fluctuations in values, Ballwin still has drawing power due to its location in both the Parkway School District and Rockwood School District region.

Learn more about Ballwin Real Estate and see all Ballwin homes for sale

Chesterfield Real Estate

As you can clearly see, values have dropped off significantly this year.  We are sure many sellers are not too happy with this situation.  But if you are a buyer, there has been no better time to enter the market.  Recently two local high schools in the Rockwood School District received national recognition.  Great schools, a low crime rate, along with shopping and parks to keep everybody happy will continue to attract buyers to Chesterfield.

Learn more about Chesterfield Real Estate and see all Chesterfield homes for sale

Wildwood Real Estate

If you live in the Wildwood area you have to be pretty happy how values have not only held their ground, but have steadily increased throughout the year. Wildwood is also in the award-winning Rockwood School District and has been noted in Money Magazine as one of the top places to live in the Midwest.

Learn more about Wildwood Real Estate and see all Wildwood homes for sale

Ladue Real Estate

Ladue Real Estate took a beating towards the end of 2009 and into the first 3 months of 2010.  But starting in April prices started rising again at a impressive rate.  Ladue residents enjoy well-respected private schools and outstanding public schools in the Ladue and Kirkwood districts.

Learn more about Ladue Real Estate and see all Ladue homes for sale

If you would like more data about any of these area/neighborhoods contact Finding Homes for You at 636-386-0659.
We only work for buyers and will protect your interests.  The seller has their agent, shouldn’t you, the buyer, have yours?

O’Fallon and St. Peters Chosen by Money Magazine as Top 100 Places to Live

Congratulations to both O’Fallon and St. Peters for their recent mention in Money Magazine’s Annual Best Places to Live awards.

O’Fallon was ranked at #26 and it is the third time in 5 years they have made the list.

St. Peters came in at #60.

Money Magazine gives a brief explanation for their picks …

Money Magazine Chooses O’Fallon and St. Peters as Top Place to Live in US

The magazine had this comment about O’Fallon:

“This St. Louis suburb is home to several corporate offices … and over 400 acres of parkland, making it a place where you can live, work, and play without crossing the town’s borders (unless you want to, that is).” The magazine also points out O’Fallon’s relatively low unemployment and crime rates.

St. Peters ranks 60 in top places to live

The comment about St. Peters describes the city as “full of character” as it celebrates its centennial. “The active-minded will be impressed by the city’s 236,000-square-foot Rec-Plex, complete with workout equipment and Olympic-size pools. This town is older and more established than some of its neighbors. That gives the place character — and makes many houses more affordable.”  Article with Full List

View O’Fallon Homes for Sale

View St. Peters Homes for Sale

What’s happening in the O’Fallon and St. Peters real estate market?
Here’s the latest stats:

O’Fallon Real Estate Market Trends

90-day stats for Single Family properties in O FALLON, MO as of September 3, 2010
Median List Price:	$216,355	Average List Price:	$243,895
Total Inventory:	790	Price per Square Foot:	$109
Average Home Size:	2,017	Median Lot Size:	10,019
Average # Beds:	3.42	Average # Baths:	2.58
Homes Absorbed:	34	Newly Listed:	42
Days on Market:	140	Average Age:	6

St. Peters Real Estate Market Trends

90-day stats for Single Family properties in SAINT PETERS, MO as of September 3, 2010
Median List Price:	$189,554	Average List Price:	$216,362
Total Inventory:	550	Price per Square Foot:	$113
Average Home Size:	1,773	Median Lot Size:	9,586
Average # Beds:	3.34	Average # Baths:	2.43
Homes Absorbed:	22	Newly Listed:	25
Days on Market:	134	Average Age:	15

Finding Homes for You is in and out of the St. Peters and O’Fallon area all the time. Let us know if you would like to view any of the homes on our site and we can set things up for you.

Did you know you can now break away from your PC with our Mobile Searching Application?

Every home that is listed is now available for your mobile/smartphone. Start the application from your current location and all homes for sale will pop up for your review on your phone.You can have the app in seconds just by clicking here

Parkway West High School Among the Nation’s Best

Congratulations to Parkway West High School in St. Louis for being selected by Newsweek Magazine’s annual ranking of High Schools.

There were only 13 high schools in Missouri selected for the list.
Less than 6% of the country’s public high schools qualify for this prestigious group.

Find out how these schools qualified and the  other local High Schools that were included in this report along with what’s happening in the St. Louis Real Estate Market.

The top 1,600 high schools were chosen based on the total number of Advanced Placement, International Baccalaureate or Cambridge tests given at a school each year and dividing by the number of seniors graduating in May.

Schools had to have at least half of its senior class take at least one IB, AP or Cambridge test in their junior year and at least one IB, AP or Cambridge test in their senior year. See entire article in Newsweek

Some of the other schools appearing in the list are Ladue Horton Watkins, Clayton High School, Lafayette High, Lindbergh High and Rockwood Summit.

Did you know that a school district is an important factor in the resale value of a home? Find out what’s happening with St. Louis Real Estate now by following the links below:

View all St. Louis Parkway West School District Homes for Sale

Real-Time Market Report for St. Louis Real Estate

More Evidence of a Bottom in Housing

We have been through one of the worst housing recessions in modern history.  Have we reached the bottom? Some say yes while others say no. Some new statistics offer some hope to …

According to recently released data, U.S. housing starts have risen 30% from their all-time low in April ‘09. In addition, building permits increased 38% over the same period. And not surprisingly, the Bloomberg index of home builders’ stocks bottomed last July and has since risen over 50%. The prices of home equity-backed securities are rising sharply. If this doesn’t add up to a clear picture of a bottoming in the residential construction market, we’re not sure what would.

To be sure, this “bottom” has taken almost a year to form, which makes it the longest-drawn-out recession bottom since data began to be recorded in 1968. Also, housing starts in the winter months are full of seasonal adjustment factors which may or may not accurately reflect underlying activity. But an increase of 30% in just under a year is pretty impressive nonetheless, and hard to chalk up to seasonal or weather-related vagaries.

With most signs pointing to an end to the worst housing recession in modern history and a clear beginning to a housing recovery, the widespread angst over the homes remaining to be foreclosed and auctioned off seems overdone. The recovery seems to be for real.

The true test will come now that tax incentives for buying a new home no longer factor in to the market.

What do you think?  Do you share the optimism or do you think we are in for more of the same?

Remember that every market is local. What’s true in one area might not be applicable to another.  To really find out what is happening in the St. Louis Real Estate market visit our Market Trends section or call Finding Homes for You at 636-386-0659.

Remodeling Cost Vs Value Report for St. Louis

Spring is in the air, you can hear the lawn mowers revving up and people thinking about remodeling. So what’s your situation? Considering adding on a deck or tackling a bathroom addition? What project will give you the biggest return on your investment when you go to sell your home? Check out the data that just came out covering the St. Louis area … you might be surprised!

Even if you are not personally thinking about remodeling, this is useful data if you are considering buying a home that needs some work .  What is the average cost for remodeling a basement or a bathroom addition, and what could you expect in resale value in the future?

Full Report Covering Projects Job Costs Resale Value All Here

Before you improve your own home, or if you’re considering purchasing St. Louis Real Estate, call Finding Homes for You at 636-386-0659 for a comparative marketing analysis.  Find out if the values in your current or future neighborhood would support your improvement or investment.

What a year 2009 was!  For the buyer there were some great opportunities and for the seller … painful at times!
Wouldn’t it have been great to buy during some of these price dips that were so dramatic?  We here at Finding Homes for You do not have a crystal ball to predict the future ,but we can keep you updated with current trends.  We work for you the buyer only!  If you would like a quick look at the current inventory of available homes check out the links below:

Ballwin Homes for Sale

Chesterfield Homes for Sale

Clayton Homes for Sale

Kirkwood Homes for Sale

Ladue Homes for Sale View homes for sale in all areas

If you are looking for St. Louis Real Estate and want to know more about, or see, any of these homes call us at 636-386-0659.  We are your St. Louis Exclusive Buyers Agent! Get current market condition reports here

At the beginning of a new year sometimes it’s good to look back for some perspective. This is an interesting chart that traces what the median income was for households (you will see the numbers in the upper right hand corner) and compares it to housing values over a twelve year period. Watch what happens around 2006.

So what’s happening in the St. Louis Real Estate Market? Get fresh data on demand from Finding Homes for You.

What happened with housing prices in St. Louis in 2009?  Stay tuned and come back for the post!

Which metro areas have the most over-priced homes for sale? Check out the Forbes analysis. (St. Louis is mentioned)

Click Here to See the Full Article

Click Here to See Where St. Louis Placed

Posted via email from St. Louis Real Estate News Blog