The City of Lake Saint Louis MO Real Estate Trends for the week of 10/31/09 – 11/07/09

By
Real Estate Agent with Keller Williams Realty Chesterfield

 Lake St. Louis MO Veterans Memorial

The City of Lake Saint Louis MO Real Estate Trends for the week of 10/31/09 – 11/07/09

The City of Lake St Louis MO has a great selection of homes at really good prices and interest rates are at a great level too.  There are currently 162 single family homes on the market of various sizes and prices.  The number of active listings is DOWN from last week.  Check out Lake Saint Louis MO when looking for a new home for selection, style and price.  If you have been waiting for the right time to buy now is the right time for real estate in Lake St Louis 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

7

58

77

20

Avg. List Price

$185,943

$260,016

$376,588

$601,264

Avg. Days on Market

66

129

140

118

 

 

 

 

 

# Pending Home Sales

1

12

8

3

Avg. List Price

$224,000

$227,650

$288,586

$1,595,966

Avg. Days on Market

14

85

107

213

 

 

 

 

 

Sold # Homes

0

0

0

0

Avg. Sale Price

$0

$0

$0

$0

Avg. Days on Market

0

0

0

0

% of List Price

0.00

0.00

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 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 Lake St. Louis 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.

 

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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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. s s 11/11/2009 07:07 AM
Topic:
Real Estate Market Trends
Location:
Missouri Saint Charles County Lake Saint Louis
Groups:
Saint Charles County, Missouri
Show Me Missouri
MissouriListings
Tags:
market update
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don rogers
don rogers realtor
st charles county mo real estate trends
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