Which parts of the St. Louis Real Estate Market Have Hit a Low Price Point?
Two questions we are always asked: 1. “How’s the Market?” 2. “Have We Reached the Bottom?” No easy answer for those questions these days. Neighborhoods and towns are sort of like Mutual funds … some outperform others! You need to look at the data to get an idea of what’s happening now.
If anyone says they know when the market has bottomed out they are either 1. Selling you an investment newsletter or 2.Possibly under the influence of an illegal substance.
However, with all that said, it does not take a rocket scientist or a financial wizard to know it’s best to “Buy Low” and “Sell High”. So, let’s get started with some recent charts showing the median price for a couple of areas that seem to be coasting at the bottom. BTW, median price means there are as many homes priced higher as there are priced lower.
Note: Click the Charts Below if You Want to See the Current Homes for Sale in that Area
Clayton, Missouri Median Pricing for Single Family Homes
Frontenac, Missouri Median Pricing for Single Family Homes
Ladue, Missouri Median Pricing for Single Family Homes
Sunset Hills, Missouri Median Pricing for Single Family Homes
Wildwood, Missouri Median Pricing for Single Family Homes
There are so many real estate agents and web sites out there it is a little overwhelming at times. The thing that’s different about the site you are on now? We only work for the Buyer, and never for the Seller. Not many real estate agents choose this route. However …our clients are glad we did and feel they receive the highest level of representation at all times. Find out more about Exclusive Buyer Agents and what we can do for you.
Call Finding Homes for You at 636-532-4200 for more information.