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Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 229,000 ==
Asking Price Per Square Foot $ 111 ±+
The median list price in WENTZVILLE, MO this week is $229,000. Average Days on Market (DOM) 209 ==
Percent of Properties with Price Decrease 42 %
Percent Relisted (reset DOM) 16 %
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 3%
are mildly positive indications for the market. Median House Size (sq ft) 2100
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
While still a Buyer's market, prices seem to have responded by
moving upward. If the demand trends continue, expect prices to
= Slight upward trend ≠ Slight downward trend
keep marching upward, especially once we see a Seller's Market.
Price
Market Action Index Price trends in this zip code continued their recent uptrend this
week. While still below the market's high point, we've seen a
nice run recently.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 250,000 2348 acre 4.0 2.5 119 2 2 192 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 200,000 1876 acre 3.0 2.5 119 7 7 195 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 148,500 1260 10,000 sqft 3.0 2.0 7 119 1 19 191 Least expensive 25% of properties
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