Town and Country, MO

Town and Country, MO $600,000 -$1,000,000 Market Report - September 2011

Market Profile & Trends Overview

Property Sales

September Property sales were 0, down 100.0% from
1 in September of 2010 and 100.0% lower than the 2
sales last month. September 2011 sales were at their
lowest level compared to September of 2010 and
2009. September YTD sales of 21 are running 16.0%
behind last year's year-to-date sales of 25.


Prices

The Median Sales Price in September was $0, down
100.0% from $719,000 in September of 2010 and
down 100.0% from $736,000 last month. The
Average Sales Price in September was $0, down
100.0% from $719,000 in September of 2010 and
down 100.0% from $736,000 last month. September
2011 ASP was at a mid range compared to September
of 2010 and 2009.


Inventory & MSI

The Total Inventory of Properties available for sale as of
September was 39, down 13.3% from 45 last month and
down 4.9% from 41 in September of last year. September
2011 Inventory was at its lowest level compared with
September of 2010 and 2009. A comparatively lower MSI
is more beneficial for sellers while a higher MSI is better
for buyers. The September 2011 MSI of 0.0 months was
at a mid level compared with September of 2010 and 2009.


Market Time

The average Days On Market (DOM) shows how many
days the average Property is on the market before it
sells. An upward trend in DOM tends to indicate a move
towards more of a Buyer's market, a downward trend a
move towards more of a Seller's market. The DOM for
September was 0, down 100.0% from 49 days last
month and down 100.0% from 46 days in September of
last year. The September 2011 DOM was at a mid level
compared with September of 2010 and 2009.


Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for
the direction of Property values. Since Median Sales
Price and Average Sales price can be impacted by the
'mix' of high or low end Properties in the market, the
selling price per square foot is a more normalized
indicator on the direction of Property values. The
September 2011 Selling Price per Square Foot of $0 was
down 100.0% from $186 last month and down 100.0%
from 169 in September of last year.


Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the
average amount that Sellers are agreeing to come down
from their original list price. The lower the ratio is
below 100% the more of a Buyer's market exists, a ratio
at or above 100% indicates more of a Seller's market.
The September 2011 Selling Price vs Original List Price
of 0.0% was down from 94.8% last month and down
from 100.0% in September of last year.



Inventory / New Listings / Sales

This last view of the market combines monthly
inventory of Properties for sale along with New Listings
and Sales. The graph shows the basic annual
seasonality of the market as well as the relationship
between these items. The number of New Listings in
September 2011 was 6, down 14.3% from 7 last month
and up 200.0% from 2 in September of last year.

Town and Country, MO Condo Market Report - September 2011

Market Profile & Trends Overview

Property Sales

September Property sales were 1, down 66.7% from 3
in September of 2010 and higher than the 0 sales last
month. September 2011 sales were at a mid level
compared to September of 2010 and 2009.
September YTD sales of 5 are running 28.6% behind
last year's year-to-date sales of 7.


Prices

The Median Sales Price in September was $560,000,
up 60.0% from $350,000 in September of 2010 and
up from $0 last month. The Average Sales Price in
September was $560,000, up 69.7% from $330,000
in September of 2010 and up from $0 last month.
September 2011 ASP was at the highest level
compared to September of 2010 and 2009.


Inventory & MSI

The Total Inventory of Properties available for sale as of
September was 5, equal to 5 last month and up 25.0%
from 4 in September of last year. September 2011
Inventory was at a mid level compared with September of
2010 and 2009. A comparatively lower MSI is more beneficial
for sellers while a higher MSI is better for buyers. The September
2011 MSI of 5.0 months was at its highest level compared
with September of 2010 and 2009.


Market Time

The average Days On Market (DOM) shows how many
days the average Property is on the market before it
sells. An upward trend in DOM tends to indicate a move
towards more of a Buyer's market, a downward trend a
move towards more of a Seller's market. The DOM for
September was 48, up from 0 days last month and
down 76.5% from 204 days in September of last year.
The September 2011 DOM was at its lowest level
compared with September of 2010 and 2009.


Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for
the direction of Property values. Since Median Sales
Price and Average Sales price can be impacted by the
'mix' of high or low end Properties in the market, the
selling price per square foot is a more normalized
indicator on the direction of Property values. The
September 2011 Selling Price per Square Foot of $217
was up from $0 last month and up 111.3% from 103 in
September of last year.


Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the
average amount that Sellers are agreeing to come down
from their original list price. The lower the ratio is
below 100% the more of a Buyer's market exists, a ratio
at or above 100% indicates more of a Seller's market.
The September 2011 Selling Price vs Original List Price
of 96.7% was up from 0.0% last month and up from
95.4% in September of last year.



Inventory / New Listings / Sales

This last view of the market combines monthly
inventory of Properties for sale along with New Listings
and Sales. The graph shows the basic annual
seasonality of the market as well as the relationship
between these items. The number of New Listings in
September 2011 was 1, equal to 1 last month and down
50.0% from 2 in September of last year.

Town and Country, MO Market Report - September 2011

Market Profile & Trends Overview

Property Sales

September Property sales were 4, down 33.3% from 6
in September of 2010 and 55.6% lower than the 9
sales last month. September 2011 sales were at their
lowest level compared to September of 2010 and
2009. September YTD sales of 71 are running 14.5%
ahead of last year's year-to-date sales of 62.


Prices

The Median Sales Price in September was
$1,087,500, up 115.3% from $505,000 in September
of 2010 and up 131.4% from $470,000 last month.
The Average Sales Price in September was $970,625,
up 53.5% from $632,333 in September of 2010 and
up 96.7% from $493,389 last month. September
2011 ASP was at a mid range compared to September
of 2010 and 2009.


Inventory & MSI

The Total Inventory of Properties available for sale as of
September was 112, down 14.5% from 131 last month and
equal to 112 in September of last year. September 2011
Inventory was at its lowest level compared with
September of 2010 and 2009. A comparatively lower MSI
is more beneficial for sellers while a higher MSI is better for buyers.
The September 2011 MSI of 28.0 months was at its highest level
compared with September of 2010 and 2009.


Market Time

The average Days On Market (DOM) shows how many
days the average Property is on the market before it
sells. An upward trend in DOM tends to indicate a move
towards more of a Buyer's market, a downward trend a
move towards more of a Seller's market. The DOM for
September was 192, up 204.8% from 63 days last month
and up 4.3% from 184 days in September of last year.
The September 2011 DOM was at a mid level compared
with September of 2010 and 2009.


Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for
the direction of Property values. Since Median Sales
Price and Average Sales price can be impacted by the
'mix' of high or low end Properties in the market, the
selling price per square foot is a more normalized
indicator on the direction of Property values. The
September 2011 Selling Price per Square Foot of $195
was up 22.3% from $160 last month and up 20.1% from
163 in September of last year.


Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the
average amount that Sellers are agreeing to come down
from their original list price. The lower the ratio is
below 100% the more of a Buyer's market exists, a ratio
at or above 100% indicates more of a Seller's market.
The September 2011 Selling Price vs Original List Price
of 87.7% was down from 93.1% last month and down
from 94.3% in September of last year.

Inventory / New Listings / Sales

This last view of the market combines monthly
inventory of Properties for sale along with New Listings
and Sales. The graph shows the basic annual
seasonality of the market as well as the relationship
between these items. The number of New Listings in
September 2011 was 13, down 35.0% from 20 last month
and equal to 13 in September of last year.

Town and Country, MO Market Report - August 2011

Market Profile & Trends Overview

Property Sales
August Property sales were 9, up 125.0% from 4 in August of 2010 and 30.8% lower than the 13 sales last month. August 2011 sales were at their highest level compared to August of 2010 and 2009. August YTD sales of 67 are running 19.6% ahead of last year's year-to-date sales of 56.


Prices

The Median Sales Price in August was $470,000, down 28.0% from $652,450 in August of 2010 and down 27.7% from $650,000 last month. The Average Sales Price in August was $493,389, down 37.9% from $795,100 in August of 2010 and down 31.6% from $721,231 last month. August 2011 ASP was at the lowest level compared to August of 2010 and 2009.


Inventory & MSI

The Total Inventory of Properties available for sale as of August was 130, down 1.5% from 132 last month and up 4.0% from 125 in August of last year. August 2011 Inventory was at its highest level compared with August of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2011 MSI of 14.4 months was at its lowest level compared with August of 2010 and 2009.


Market Time

The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for
August was 63, down 8.7% from 69 days last month and down 26.7% from 86 days in August of last year. The August 2011 DOM was at its lowest level compared with August of 2010 and 2009.


Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2011 Selling Price per Square Foot of $160 was down 12.7% from $183 last month and down 1.0% from 161 in August of last year.


Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The August 2011 Selling Price vs Original List Price of 93.1% was up from 92.8% last month and up from 92.9% in August of last year.



Inventory / New Listings / Sales

This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in August 2011 was 20, up 17.6% from 17 last month and equal to 20 in August of last year.

Residential homes (including condos/villas) Sold in Town & Country, MO in 2008:

Listings per Status

Minimum, Average, Maximum

Days On Market Analysis

Listing Price\Selling Price

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

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