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Executive Summary
This Week
Real-Time Market Profile Trend
Median List Price $ 209,900 ==
Asking Price Per Square Foot $ 125 ≠≠
The median list price in FENTON, MO this week is $209,900. Average Days on Market (DOM) 204 ==
Percent of Properties with Price Decrease 37 %
Percent Relisted (reset DOM) 8%
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) 2%
are mildly positive indications for the market. Median House Size (sq ft) 1728
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 This week saw relatively little price change from last week.
However, prices continue demonstrate a nice up trend in general
over the last several weeks.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 249,500 2042 acre 3.0 2.5 45 3 3 239 Upper-middle 25% of properties
0.25 - 0.50
Lower/Third $ 182,900 1339 acre 3.0 2.0 8 45 6 0 202 Lower-middle 25% of properties
0.25 - 0.50
Bottom/Fourth $ 139,900 1150 acre 3.0 2.0 45 3 3 159 Least expensive 25% of properties
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