The median price of homes sold in St Charles County during the 12 month period ended October 31, 2018, was $230,000 according to the STL Market Report™ from MORE™, REALTORS®. As the STL Market Report™ below shows, this is an increase in the median price of homes sold of 4.55% from the prior 12-month period. During the most recent 12-month period, there were 6,081 homes sold in St Charles County, an increase of 1.11% from the prior 12-month period. There is currently a 2.52 month supply of homes for sale in St Charles County and listings have been on the market a median time of 74 days.
Today will be the final post in this series in which Karen has been shared her insights with us on the real estate market in St. Charles County. Now we’ll pick up where we left off yesterday:
Karen Vennard, 2009 President, St. Charles County Association of REALTORS
Dennis – We hear a lot about REO’s, foreclosures and short sales being a large part of the sales activity in many local markets. Do you know what percentage of the current activity in St. Charles County would be these types of sales? Also, please tell us how they affect your market.
Karen – I do not have the percentage of REO/Foreclosures/Short Sales nor can I say that they do not exist but St. Charles County has not been as adversely affected as some areas in the Metropolitan area by these types of sales. Some people can see that this is an opportunity for these “distressed” homes to be sold and brought back up to market value. I see this as a chance to revitalize neighborhoods that may have been affected by an increased number of foreclosures.
Karen’s extensive knowledge of the market was apparent in her informative answers in yesterdays E-View. Now we’ll pick up where we left off yesterday:
Karen Vennard, 2009 President, St. Charles County Association of REALTORS
Dennis – Where do you see the real estate market in St. Charles County at now?
Karen – I see the market recovering; there has been an increase in pending sales in St. Charles county over this time last year. That trend has been seen for the past 4 months now in the County.
Dennis – That’s encouraging news and also is fairly consistent with what I have seen in the metro market. Now, lets talk about home prices. People in most markets would be happy just to see some price stabilization and aren’t even talking about any appreciation in the near future. Has, or is, St. Charles County seeing any price stabilization at this point? Any idea when appreciation may come back into existence? Continue reading “St. Charles County Association of REALTORS(R) Presidents’ view of the market – Part two“
According to the website for the Economic Development Center for St. Charles County, the county was established October 1, 1812. St. Charles County encompasses 561-square-miles of diverse landscape spreading out westward from the confluence of the Mississippi and Missouri Rivers.
According to the Census Bureau, in 1970 the population of St. Charles county was 92,954. By 2008 the population had grown to 349,307, an increase of over 275% in that 38 year period. During the same period St. Louis County had a modest increase in population of just over 4% growing from 951,671 to 991,830. The city of St. Louis saw a huge decline during the same period with the population dropping from 622,235 people to 354,361, losign over 43% of its population. Continue reading “St. Charles County Association of REALTORS(R) Presidents’ view of the market – Part 1“
Missouri Online Real Estate, Inc. 3636 South Geyer Road - Suite 100, St Louis, MO 63127 314-414-6000 - Licensed Real Estate Broker in Missouri
The owner and authors this site are providing the information on this web site for general informational purposes only and make no representations, warranties (expressed or implied) or guarantees of any kind whatsoever, as to the accuracy or completeness of any information on this site or of any information found by following any link on this site. Furthermore, the owner and authors of this site will not be liable in any manner whatsoever for any errors or omissions in information on this site, nor for the availability of this information. Additionally the owner and authors of this site will not be liable for for any losses, injuries or damages in any way from the display or use of this information or as the result of following external links displayed on this site, or by responding to advertisements displayed, or contained, on this site
In using this site, users acknowledge and agree that the information on this site does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind nor should it be construed as such. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action on this information, you should consult a qualified professional adviser to whom you have provided all of the facts applicable to your particular situation or question. None of the tax information on this web site is intended to be used nor can it be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer.
All of the information on this site is provided as is, with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
This site contains external links to other sites not owned or controlled by the owner of this site, therefore the owner of this site does not control or guarantee in any manner the accuracy or relevancy of any information obtained through following such links. Links contained on this site are for users convenience and users should exercise extreme caution when following links. Including a link on this site does not constitute an endorsement of the site linked to or any views or opinions expressed on the site, products or services offered on outside sites or the companies or organizations that own and operate outside sites.
This site may accept payment for advertising, for displaying advertisements, through affiliate relationships with companies or may receive referral fees or commissions from companies as a result of recommending or referring people to a website. This site may also accept free product samples, free services, gift cards or cash to review a product or service. All paid and sponsored content may not always be identified as such. Any product claim, quote or other representation about a product or service should be verified with the manufacturer or provider.
