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2009 Market Conditions Report for Condos and Lofts Sold in Lafayette Square (St. Louis City, Missouri)
LAFAYETTE SQUARE HOUSING REPORT - 2009 CONDO SALES
Interested in purchasing or selling a condominium in Lafayette Square?  Contact Ryan Shaughnessy at PREA Signature Realty at 314-971-4381 or send an e-mail to Ryan@PREASignatureRealty.com.  Or, visit our website at www.PREASignatureRealty.com or our blog at www.LafayetteReport.com.
HISTORICAL TRENDS
The Lafayette Square housing market as a whole continues to outperform compared to trends in the St. Louis City and St. Louis Metropolitan Statistical Area.  Despite this good news, condominium sales in Lafayette Square remain flat compared to 2009.  Here are some general comments about trends in the Lafayette Square housing market relating to condominium sales:
Condominium sales in Lafayette Square remain flat with 2009 condominium sales to be slightly above the sales volume for 2008 condominium sales. The average sales price for condominiums in Lafayette Square in 2009 fell 19% compared to 2008. The average per square foot price for condominiums sold in Lafayette Square remained flat from at $122 per square  foot in 2009 compared to $128 per square foot in 2008. The sales price to list price ratio for condo sold in Lafayette Square remained constant at historical levels of approximately 95% of list price in 2009. The average number of days on market for condominium sales in Lafayette ... more

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