Professional Documents
Culture Documents
Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 223,400 ≠≠
Asking Price Per Square Foot $ 110 ≠≠
The median list price in WENTZVILLE, MO this week is $223,400. Average Days on Market (DOM) 242 ==
Percent of Properties with Price Decrease 40 %
Percent Relisted (reset DOM) 15 %
Inventory has been decreasing lately but the Market Action Index is
falling also. With days-on-market climbing, these are relatively Percent Flip (price increased) 3%
negative implications for the market. Median House Size (sq ft) 2072
Median Lot Size 0.25 - 0.50 acre
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5
The market has been consistently cool for several weeks. Demand ±+ No change == Strong upward trend ≠≠ Strong downward trend
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in = Slight upward trend ≠ Slight downward trend
Market Action before prices plateau or begin to rise again.
Price
Market Action Index The market has been on a downward trend recently and this
week, while essentially flat, doesn't break us out of that cycle.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 249,000 2371 acre 4.0 2.5 117 0 2 257 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 197,000 1800 acre 3.0 2.5 117 1 1 221 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 147,995 1256 10,000 sqft 3.0 2.0 7 118 2 3 196 Least expensive 25% of properties
River City Real Estate, Toll Free: (866) 456-1862 | www.RCREonline.com | info@RCREonline.com
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2009 Altos Research LLC