St. Louis Real Estate – St. Charles County home price declines vs assessors property values; Update

Dennis Norman

Dennis Norman

Last week I did a post after reading an article on StlToday.com about the change in property values being made by St Louis area assessors from 2007 to 2009.   As I pointed out in my article I assumed the values shown by the assessors including ALL types of property and not just homes, however my analysis was based only upon the sale prices of homes.

Prior to doing the post I had requested just the residential data from the assessor’s office for the area counties but had not been able to obtain that data.  Subsequently I did receive the information from the St. Charles County assessor and am happy to say I can now do comparison between the assessors values and home prices that is more “apples to apples”. Continue reading “St. Louis Real Estate – St. Charles County home price declines vs assessors property values; Update