The City of Lake Saint Louis MO Real Estate Trends for the week
of 11/07/09
– 11/14/09
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 155
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.
|
Residential:
|
|
|
|
|
|
|
2 Bedrooms
|
3 Bedrooms
|
4 Bedrooms
|
5+ Bedrooms
|
|
Active # Homes
|
7
|
53
|
75
|
17
|
|
Avg.
List Price
|
$185,514
|
$261,925
|
$377,529
|
$633,128
|
|
Avg. Days
on Market
|
73
|
134
|
139
|
137
|
|
|
|
|
|
|
|
# Pending Home Sales
|
1
|
10
|
10
|
6
|
|
Avg.
List Price
|
$224,000
|
$230,410
|
$277,869
|
$1,005,433
|
|
Avg.
Days on Market
|
14
|
125
|
104
|
134
|
|
|
|
|
|
|
|
Sold # Homes
|
1
|
2
|
1
|
0
|
|
Avg.
Sale Price
|
$115,000
|
$161,750
|
$290,000
|
$0
|
|
Avg. Days
on Market
|
142
|
95
|
132
|
0
|
|
% of List Price
|
98.63
|
97.15
|
95.90
|
0.00
|
All
information is per regional multiple listing service
(mls) on 11/16/09 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.
The Tax Credit has been extended
and expanded, check out the new benefits:
1. The new tax credits will be available from December 1, 2009 to April
30, 2010.
2. 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.
3.
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.
4.
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.
5.
For purchases made in 2010,
taxpayers can claim the tax credit on their 2009 income tax return.
6.
Home buyers would not have to
repay the credit, provided the home remains their
principal residence for 36 months after the purchase date.
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?
