The City of St Peters MO Real Estate Trends for the week of 10/31/09 – 11/07/09

By
Real Estate Agent with Keller Williams Realty Chesterfield

 RecPlex St Peters MO

The City of St Peters MO Real Estate Trends for the week of 10/31/09 – 11/07/09

The City of St Peters MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 333 single family homes on the market of various sizes and prices.  The number of active listings is UP from last week.  Check out St. Peters MO 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 St Peters 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

12

187

124

10

Avg. List Price

$161,708

$205,460

$277,645

$256,305

Avg. Days on Market

247

93

99

123

 

 

 

 

 

# Pending Home Sales

0

46

11

0

Avg. List Price

$0

$154,065

$223,201

$0

Avg. Days on Market

0

55

48

0

 

 

 

 

 

Sold # Homes

1

7

1

0

Avg. Sale Price

$95,000

$143,010

$172,000

$0

Avg. Days on Market

263

46

26

0

% of List Price

95.000

96.37

98.34

0.00

All information is per regional multiple listing service (mls) on 11/9/09 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 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 Peters MO for you to choose from and in various price ranges. You may be considering a move to St Charles County MO too, so Give Don Rogers a call today at 315-954-6775 and let’s begin moving toward your new home.

There were three St Charles County, MO communities that 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. Peters MO which came in at number 60.  The rankings were based on jobs, schools and affordable housing.

Helping you achieve your next level of the American Dream.  Ready?

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Don Rogers is a licensed REALTOR® in Missouri.  I specialize in St. Charles County Missouri and have called O Fallon MO my home since 1993.  If you are looking to buy or sell or you are relocating to the area and would like information about the St Charles County MO area do not hesitate to give me a call at 314-954-6775 or if you would prefer to send me an email.

 

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