Villages at Baxter Ridge sales statistics - year over year comparison 2008-2009/2009-2010.

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Real Estate Agent with Coldwell Banker Gundaker-St. Louis, MO

Baxter Ridge 2008-2009 Baxter Ridge 2009-2010

Villages at Baxter Ridge sales statistics - year over year comparison 2008-2009/2009-2010. 

The two charts above compare residential sales at the end of 1st quarter 2009 vs end of 1st quarter 2010.  The number of sales in each one year period are similar - 6 at the end of 1st quarter 2010 and 7 at the end of 1st quarter 2009.  Average days on market were 61 days in the previous period and 44 in the most recent period which represents an 18% improvement.  Average sale price in previous period was $413,143 and $379,167 in the most recent period which represents an 8.3% decrease in price.  The list price/sale price ratio of homes in the previous period was 96.73% and 95% in the most recent period representing a drop of 1.73%. This trend shows that while homes are selling faster, they are selling at a lower price and sellers are still not understanding the market value of their homes and are not pricing accordingly, thus resulting in the lower list price/sale price ratio.

Overall, buying a home in Baxter Ridge has always been a good value.  While there has been a price adjustment that is reflective of the wider market over the past year or so, Baxter Ridge remains very affordable in the area. In addition to being a good value, Baxter Ridge also offers amenities that other nearby subdivisions don't offer.  One of the most popular features of Baxter Ridge is the community pool.  Adjacent to the pool is the subdivision clubhouse and 2 professionally sized tennis courts.   During the summer, the pool hosts swim meets that resident children can participate in via the swim team - the Baxter Ridge Barracudas. 

In addition to single family homes, Baxter Ridge is also home to approximately 130 condominiums.  These condos vary in size from 1500 SF to just over 2500 SF.

This subdivision is popular, not only for the amenities offered, but also because of the proximity of the subdivision to churches, schools, shopping and restaurants. Additionally, Highway 40 is only minutes away.  The Parkway School District is a AAA rated school district and serves the subdivision.  Award winning Highcroft Ridge Elementary is also a sought after elementary school. 

When a buyer considers all that Baxter Ridge has to offer, Baxter Ridge is often at the top of their list of homes to look at.  When you want to look at homes in Baxter Ridge with agents who know and sell Baxter Ridge, call Jim and Linda at 314-422-2762.  After helping more than 30 families move into and out of Baxter Ridge, Jim and Linda are your Baxter Ridge specialists!

 

 

 

 

Posted by

               

Linda

Linda Graves Arnold, ABR, CRS, GRI, e-PRO
Coldwell Banker Gundaker
"Bringing Families Home"
Cell phone:  314-422-2762
Office:  636-391-1122
email:  Linda@LindaandJim.com
website:  www.LindaandJim.com

 

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