Saint Louis, MO

Have a Great Day!

http://www.timtanzhomes.com

I have been representing home buyers and home sellers in the St Louis Metropolitan Area since 1997.

I am a Certified Residential Specialist (CRS), Accredited Buyer's Representative (ABR), and GRI (Graduate, Realtor Institute).

Affiliations: Member St Louis Association of Realtors (SLAR), Member Missouri Association of Realtors (MAR), Member National Association of Realtors (NAR), Member Real Estate Buyer's Agent Council (REBAC), Member Council of Residential Specialists (CRS).

All personal pictures are copyrighted by Tim Tanz, and may not be reproduced without his permission.

St. Louis City and St. Louis County Residential Real Estate, Homes, Condos, Lofts & Townhomes. St. Louis City Neighborhoods: Benton Park, Benton Park West, Bevo Mill, Botanical Heights, St. Vincent Park, Carondelet, Central West End, Clifton Heights, Columbus Square, Compton Heights, Downtown, Dutchtown, Forest Park Southeast, Fox Park, The Gate District, Gravois Park, The Hill, Holly Hills, Lafayette Park, Lasalle, Lindenwood Park, Northampton, Shaw, Skinker/DeBaliviere, Soulard, Southwest Garden, St. Louis Hills, Tower Grove South, Tower Grove East, South City, Wyndown/Skinker. St. Louis County Communities: Affton, Shrewsbury, Webster Groves, Maplewood, Richmond Heights, Brentwood, Clayton, University City, Bayless, Hancock Place, Lindbergh, Mehlville, Kirkwood, Ladue, Ritenour, Parkway North, Parkway Central, Parkway West, Parkway South, Valley Park, Rockwood Summit, Marquette, Eureka, Lafayette, Crestwood, Sunset Hills, Fenton, Des Peres, Town & Country, Manchester, Ballwin, Ellisville, Chesterfield, Wildwood, Creve Couer, Olivette, Maryland Heights.

Have a Great Day!

http://www.timtanzhomes.com

I have been representing home buyers and home sellers in the St Louis Metropolitan Area since 1997.

I am a Certified Residential Specialist (CRS), Accredited Buyer's Representative (ABR), and GRI (Graduate, Realtor Institute).

Affiliations: Member St Louis Association of Realtors (SLAR), Member Missouri Association of Realtors (MAR), Member National Association of Realtors (NAR), Member Real Estate Buyer's Agent Council (REBAC), Member Council of Residential Specialists (CRS).

All personal pictures are copyrighted by Tim Tanz, and may not be reproduced without his permission.

St. Louis City and St. Louis County Residential Real Estate, Homes, Condos, Lofts & Townhomes. St. Louis City Neighborhoods: Benton Park, Benton Park West, Bevo Mill, Botanical Heights, St. Vincent Park, Carondelet, Central West End, Clifton Heights, Columbus Square, Compton Heights, Downtown, Dutchtown, Forest Park Southeast, Fox Park, The Gate District, Gravois Park, The Hill, Holly Hills, Lafayette Park, Lasalle, Lindenwood Park, Northampton, Shaw, Skinker/DeBaliviere, Soulard, Southwest Garden, St. Louis Hills, Tower Grove South, Tower Grove East, South City, Wyndown/Skinker. St. Louis County Communities: Affton, Shrewsbury, Webster Groves, Maplewood, Richmond Heights, Brentwood, Clayton, University City, Bayless, Hancock Place, Lindbergh, Mehlville, Kirkwood, Ladue, Ritenour, Parkway North, Parkway Central, Parkway West, Parkway South, Valley Park, Rockwood Summit, Marquette, Eureka, Lafayette, Crestwood, Sunset Hills, Fenton, Des Peres, Town & Country, Manchester, Ballwin, Ellisville, Chesterfield, Wildwood, Creve Couer, Olivette, Maryland Heights.

Following is my market report for Multi-Family Dwellings (2-4 Families) in the city of St Louis (Areas 1,2,3,4,5). These statistics were gathered from the local Multiple Listing Service and are provided as a service to the public:

There were 459 Total Active Listings on the market.

53 listings Sold in the last 30 days.

Average sales price was $68,157.

Highest sales price in the last 30 days was $230,000.

86 was the average days on market (DOM).

There were 27 new Active listings, with list prices ranging from $8,900 to $399,500.

7 listings went Under Contract (Contingent/Option), with list prices ranging from $9,900 to $189,900.

14 listings moved closer to closing (Pending), with List prices ranging from $9,900 to $225,000.

12 listings Sold, with Sold prices ranging from $4,750 to $120,000.

28 listings Expired from the market, with List prices ranging from $4,900 to $350,000.

And 12 listings went Inactive (Cancelled/Withdrawn), with List prices ranging from $13,900 to $269,900.

For the 12 listings that Sold, 25% were on the market for 30 days or less, and 50% were on the market for 120+ days. For the 30 day or less category, the average sales price to list price ratio was 94.2%. For the 120+ day category, the average sales price to list price ratio was 61.6%. That goes to show homes priced correctly will sell quicker and closer to list price.

The Pending Ratio was 3.1%. This is the Pendings divided by the Actives (14/459). This is the number of properties going under contract compared to the number of active properties on the market.

The Absorbtion Rate was 8.67. This is the active homes on the market divided by the number of homes sold in the last 30 days (459/53). This tells us how many months of inventory we have on the market.\

http://www.timtanzhomes.com

Following is my market report for Condo/Lofts in the city of St Louis (Areas 1,2,3,4,5). These statistics were gathered from the local Multiple Listing Service and are provided as a service to the public:

There were 529 Total Active Listings on the market.

53 listings Sold in the last 30 days.

Average sales price was $174,338.

Maximum sales price was $520,000.

161 was the average days on market (DOM).

There were 17 new Active listings, with list prices ranging from $60,000 to $679,000.

8 listings went Under Contract (Contingent/Option), with list prices ranging from $72,000 to $289,000.

10 listings moved closer to closing (Pending), with List prices ranging from $15,900 to $359,900.

7 listings Sold, with Sold prices ranging from $55,500 to $167,000.

43 listings Expired from the market, with List prices ranging from $79,000 to $1,785,000.

And 13 listings went Inactive (Cancelled/Withdrawn), with List prices ranging from $145,000 to $729,000.

The Pending Ratio was 1.9%. This is the Pendings divided by the Actives (10/529). This is the number of properties going under contract compared to the number of active properties on the market.

The Absorbtion Rate was 9.98. This is the active homes on the market divided by the number of homes sold in the last 30 days (529/53). This tells us how many months of inventory we have on the market. It demonstrates how long it would take to sell all the homes on the market if no other homes came on the market.

For the 7 listings that Sold, 14.3% were on the market for 31-60 days, and 57.1% were on the market for 120+ days. For the 30-60 day or less category, the average sales price to list price ratio was 95.5%. For the 120+ day category, the average sales price to list price ratio was 90.7%. That goes to show homes priced correctly will sell quicker and closer to list

Following is my market report for Residential Single Family Homes in the city of St Louis (Areas 1,2,3,4,5). These statistics were gathered from the local Multiple Listing Service and are provided as a service to the public:

There were 1438 Total Active Listings on the market.

278 listings Sold in the last 30 days.

Average sales price was $121,708.

Maximum Sales Price in the last 30 days was $525,000.

76 was the average days on market (DOM).

There were 84 new Active listings, with list prices ranging from $5,500 to $2,225,000.

23 listings went Under Contract (Contingent/Option), with list prices ranging from $16,000 to $565,000.

57 listings moved closer to closing (Pending), with List prices ranging from $5,742 to $520,000.

71 listings Sold, with Sold prices ranging from $5,000 to $480,000.

87 listings Expired from the market, with List prices ranging from $8,500 to $1,999,999.

And 32 listings went Inactive (Cancelled/Withdrawn), with List prices ranging from $15,000 to $2,375,000.

The Pending Ratio was 4.0%. This is the Pendings divided by the Actives (57/1438). This is the number of properties going under contract compared to the number of active properties on the market.

The Absorbtion Rate was 5.17. This is the active homes on the market divided by the number of homes sold in the last 30 days (1438/278). This tells us how many months of inventory we have on the market. It demonstrates how long it would take to sell all the homes on the market if no other homes came on the market.

For the 71 Sold listings, 38% were on the market 0-30 days, and 19.7% were on the market for 120+ days. For the 0-30 day category, the average sales price to list price ratio was 97.6%. For the 120+ day category, the average sales price to list price ratio was 81.7%. That goes to show homes that are listed correctly sell for more money in a shorter amount of time.

http://www.timtanzhomes.com