New Town Subdivision in St Charles MO May 2010 Real Estate Update
Located in the city of Saint Charles MO New Town Subdivision is a whole new lifestyle with the small town feel. Some of the features that New Town offers are several lakes that you can swim and fish in, a community theater, parks, narrow streets, sidewalks galore and so much more. There is something for everyone. There is still plenty of new construction lots available if you would prefer that option or there are homes for resale too.
In looking at the May year over year sales New Town subdivision is holding its own. In May 2009 there was three(3) homes* sold and in May 2010 there was eight(8) homes* sold.
The days on market* for May 2009 was 108 days and for May 2010 was 52 days.
Keep that in mind if you're shopping for a home. Homes priced correctly and in good condition are selling... and in some cases they're selling quickly.
The average sales price* for residential single family properties for May 2009 was $247,333 and for May 2010 was $216,513.
There are currently 56* single family homes on the market with an average list price of $243,211.
The real estate market in St. Charles County, MO is improving and as always now is a great time to buy. If you're in the market to purchase a home in a golf course community, this is a great time to buy.
*Single family homes per the mls on 6/18/10
If you are ready to find your piece of America, your Dream Home then give me a call at 314-954-6775 today and be in your new home before school starts in August. If you are relocating to the St. Charles County area I can help you in your search for that new home.
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