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.
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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?
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