ballwin mo real estate trends and statistics

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MARKET UPDATEFinding Homes for You

· Current Real Estate Market Conditions for Single Family Homes

· Trends in Pricing· Current Levels of Supply and Demand

· Value Metrics

· Report for the week ofSeptember 13, 2010

· Presented by Finding Homes for YouFinding Homes For You, Inc www.FindingHomesForYou.com - [email protected]

BALLWIN, MO 63

Powered by Altos Research LLC | www.altosresearch.com | Copyright © 2005-2010 Altos Research LLC



Median List Price

Median Lot Size

13.2

Percent Relisted (reset DOM)

2108

2.5

2 %

Median Number of Bathrooms

142

Inventory of Properties Listed

$ 126

Percent Flip (price increased)

0.25 - 0.50 acre

Median House Size (sq ft)

$ 240,000

56 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

10 %

Percent of Properties with Price Decrease

Strong Buyer's

≠≠

±+

±+

±+

==

Altos Research Value Statistics

Most Expensive Listing

Average Days on Market (DoM)

ottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week Real-Time Market Profile Trend

The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.

Supply and Demand

Characteristics per Quartile

0 93232

1162.5 14

3.0

8

128

3.0 142

117

12

11

0.25 - 0.50acre

0

$ 213,400

8

4

142

3.5

0.25 - 0.50acre

82.5

13440.25 - 0.50

acre

141

$ 164,900

4.0

210

0.25 - 0.50acre$ 299,900

4.0$ 485,200

0

10

2460

Inventory has been lightening latelyand the Market Action Index has beentrending up. These are mildly positiveindications for the market.

Monday September 13, 2010

Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659

141

1820

2.0

The median list price in BALLWIN, MOthis week is $240,000. The 566

properties have been on the marketfor an average of 142 days.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

No change

Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+

== ≠≠

≠=

BALLWIN,

City Overview

Least Expensive Listing

Average List Price

Average Age of Listing

566

$ 2,949,000

$ 79,900

$ 299,395

14

Trend Key:

The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.

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Single Family Home




City OverviewBALLWIN,


Median PriceThe market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability ofthis trend.

90-day Average7-day Average

Quartile PricesPrice weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market istrending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in themarket.

First/Top Second/Upper Third/Lower Fourth/Bottom

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Single Family Hom






Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.


Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.


of 11

Single Family Hom






Market Action IndexThe BALLWIN market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index standsat 13.15. With several months of inventory available at the current sales rate, buyers should find ample choice.

Buyers/Sellers Cutoff90-day Average

Market Action Index per QuartileNot surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months ofinventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall marketshifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group

changes.


Buyers/Sellers Cutoff

Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.

The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.

of 11

Single Family Hom






Days on MarketThe properties have been on the market for an average of 142 days. Half of the listings have come newly on the market in thepast 91 or so days.


Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.


of 11

Single Family Hom



Median List Price

Median Lot Size

13.9

Percent Relisted (reset DOM)

2218

2.5

2 %

Median Number of Bathrooms

134

Inventory of Properties Listed

$ 123

Percent Flip (price increased)

0.25 - 0.50 acre

Median House Size (sq ft)

$ 250,000

57 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

13 %

Percent of Properties with Price Decrease

Strong Buyer's

≠≠

±+

±+

±+

≠≠

Altos Research Value Statistics

Most Expensive Listing

Average Days on Market (DoM)

ottom/Fourth

Lower/Third

Upper/Second

Top/First

This Week Real-Time Market Profile Trend

The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.

Supply and Demand

Characteristics per Quartile

0 52992

1392.5 0

3.0

4

136

3.5 58

126

4

0

0.25 - 0.50acre

25

$ 222,000

6

1

58

3.5

0.25 - 0.50acre

42.5

13990.25 - 0.50

acre

57

$ 174,000

4.0

136

0.25 - 0.50acre$ 299,900

4.0$ 418,900

0

5

2500

The Market Action Index has beentrending down lately, indicatingdemand falling along with supply.Conditions point to mildly negativetrends for the market.



57

1972

2.0

The median list price in BALLWIN, MO63011 this week is $250,000. The 230

properties have been on the marketfor an average of 134 days.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

No change

Strong upward trend Strong downward trend

Slight upward trend Slight downward trend±+

== ≠≠

≠=

BALLWIN, MO 63

Neighborhood Detail

Least Expensive Listing

Average List Price

Average Age of Listing

230

$ 1,200,000

$ 114,000

$ 292,744

25

Trend Key:

The market has shown someevidence of slowing recently. Bothprices and inventory levels arerelatively unchanged in recentweeks. Watch the Market ActionIndex for changes as it can be aleading indicator for price changes.

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Single Family Home




Neighborhood DetailBALLWIN, MO 63


Median PriceRecently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in theMarket Action Index before we see prices significantly move from these levels.


Quartile PricesIn the quartile market segments, we see price conditions in this zip code have not shown strong directional trends lately.Quartile 3 has been trending up recently, but unless we see a persistent up-shift in the Market Action Index, it will likely resumethe trend of the rest of the market.


of 11

Single Family Hom






Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.


Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.


of 11

Single Family Hom






Market Action IndexThe BALLWIN, 63011 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market ActionIndex stands at 13.91. With several months of inventory available at the current sales rate, buyers should find ample choice.

Buyers/Sellers Cutoff90-day Average

Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.


Buyers/Sellers Cutoff

Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.

The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.

age 10 of 11

Single Family Hom





Monday September 13 2010

Days on MarketThe properties have been on the market for an average of 134 days. Half of the listings have come newly on the market in thepast 91 or so days.


Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.


of 11

Single Family Hom

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