The City of St Charles MO Real
Estate Trends for
the week of 10/31/09 – 11/07/09
The City
of St Charles MO has a great selection of homes at really good prices
and interest rates are at a great level too.
There are currently 529 single family homes on
the market of various sizes and prices.
The number of active listings is DOWN from last week. Check out St. Charles when
looking for a new home for selection, style and price. If you have been waiting for the right time
now is the right time for real estate in Saint Charles MO.
The Tax Credit has been extended
and expanded, check out the new benefits:
·
The new tax credits will be
available from December 1, 2009 to April 30, 2010.
·
The tax credit will sunset on
April 30, 2010, but as long as you have a binding contract by that date, you
will still qualify to complete the transaction within 60 days.
·
Home sellers turned buyers are
eligible, as long as the home they’re leaving has been used as their principal
residence for 5 years or more.
·
Income limits for both first-time
home buyers and home sellers turned buyers would be $125,000 for individuals
and $225,000 for married couples.
·
For purchases made in 2010,
taxpayers can claim the tax credit on their 2009 income tax return.
·
Home buyers would not have to
repay the credit, provided the home remains their
principal residence for 36 months after the purchase date.
|
Residential:
|
|
|
|
|
|
|
2 Bedrooms
|
3 Bedrooms
|
4 Bedrooms
|
5+ Bedrooms
|
|
Active # Homes
|
33
|
260
|
213
|
23
|
|
Avg.
List Price
|
$220,205
|
$225,118
|
$348,387
|
$526,026
|
|
Avg. Days
on Market
|
231
|
120
|
141
|
164
|
|
|
|
|
|
|
|
# Pending Home Sales
|
8
|
58
|
36
|
2
|
|
Avg.
List Price
|
$114,200
|
$166,928
|
$279,749
|
$375,900
|
|
Avg.
Days on Market
|
43
|
73
|
89
|
65
|
|
|
|
|
|
|
|
Sold # Homes
|
0
|
11
|
0
|
0
|
|
Avg.
Sale Price
|
$0
|
$157,989
|
$0
|
$0
|
|
Avg. Days
on Market
|
0
|
120
|
0
|
0
|
|
% of List Price
|
0.00
|
97.07
|
0.00
|
0.00
|
All
information is per regional multiple listing service (mls) on 11/09/09 and is deemed reliable but not guaranteed.
Sellers, homes are
still being sold as
you can see from the pending homes. If homes
are priced right they will sell. So if
you are thinking about listing your home before the holidays give me a call and
let’s talk about the marketing of your home.
If you
are looking to buy your first home
or “right size” now is a good time
to buy. As you can see we have a variety
of homes in the City of St. Charles MO for you
to choose from and in various price ranges.
If you are relocating to Saint Charles County MO.
Give
Don Rogers a call today at 314-954-6775 and let’s begin moving toward your new
home.
Three St Charles County MO communities made the Money
magazines' annual list of the top 100 Best Small Cities in America list for 2008. One of
the three cities was St Charles MO which came in at number 82.
The City
of St Charles MO has a lot
of history and a nostalgic downtown area with cobblestone streets. In addition
to nostalgia and history the downtown area has an ample amount of restaurants, shops
and a micro brewery and several wineries.
Helping you achieve your next level of the American
Dream. Ready?
Interesting post about St. Charles, I love your city my wife and I have been there a few times and its been great - thanks for the market report- from there -