Comparison of Sold Homes in Troy, Missouri in 2008 to 2006 & 2007 - Market Report

By
Real Estate Agent with St. Charles County, Missouri - Prudential Alliance Realtors

Residential homes sold in  Troy, MO 1/1/06 - 12/31/06:

                                             2 Bd.                  3 Bd.                    4 Bd.                  5+ Bd.                  All Bd.

 Sold
    #Units 23 254 57 10 344  
    Dollar Value $2,785,150 $42,571,054 $12,143,847 $3,357,900 $60,857,951  
    Average List Price $122,250 $168,990 $214,051 $343,305 $178,399  
    Average Sold Price $121,093 $167,603 $213,050 $335,790 $176,913  
    Average Days Mkt. 107 99 123 155 105  
    Average Square Feet 904 1227 1725 3002 1340  
    % of List Price 99.05 99.18 99.53 97.81 99.17  
 

Residential homes sold in Troy, MO 1/1/07 - 12/31/07:

                                              2 Bd.                   3 Bd.                   4 Bd.                   5+ Bd.                All  Bd.

 Sold
    #Units 26 252 38 10 326  
    Dollar Value $2,471,495 $41,118,508 $7,081,321 $2,280,360 $52,951,684  
    Average List Price $99,488 $166,515 $193,325 $233,010 $166,334  
    Average Sold Price $95,058 $163,169 $186,351 $228,036 $162,428  
    Average Days Mkt. 74 125 112 132 119  
    Average Square Feet 861 1390 1813 2617 1435  
    % of List Price 95.55 97.99 96.39 97.87 97.65  
 

Residential homes sold in Troy, MO 1/1/08 - 12/31/08:

                                               2 Bd.                   3 Bd.                   4 Bd.                    5+ Bd.                All Bd.

 
       Sold
    #Units 20 183 43 6 252  
    Dollar Value $1,745,823 $25,686,993 $8,354,645 $954,100 $36,741,561  
    Average List Price $93,915 $145,176 $202,958 $160,617 $151,335  
    Average Sold Price $87,291 $140,366 $194,294 $159,017 $145,800  
    Average Days Mkt. 103 114 131 37 114  
    Average Square Feet 822 1313 1806 1279 1358  
    % of List Price 92.95 96.69 95.73 99.00 96.34  
 

Information courtesy of the MLS.  It is deemed reliable but not guaranteed.

74 fewer homes were sold in 2008 compared to 2007, and the average sale price was down about $17,000 compared to 2007.

Average days on market was down 5 days compared to 2007, but the sale price compared to list price was down a little over 1% compared to 2007.

Service you Expect from a Realtor you can Trust!

GRI, e-PRO

www.SelectMyHome.net   314-640-7061 (cell)   Prudential Alliance, REALTORS   636-887-3554 (office)

Debi.Ernst@PrudentialAlliance.com

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Debi Ernst

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