Jul 05 Exec Sum Saint Charles L 60174 SF

download Jul 05 Exec Sum Saint Charles L 60174 SF

of 1

Transcript of Jul 05 Exec Sum Saint Charles L 60174 SF

  • 8/9/2019 Jul 05 Exec Sum Saint Charles L 60174 SF

    1/1

    15 24377

    1392.5 40

    3.0

    0

    161

    3.0 67

    202

    4

    2

    0.50 - 1.0acre

    51

    $ 260,000

    1

    1

    67

    4.0

    8,001 -10,000 sqft

    02.5

    1435 8,001 -10,000 sqft

    67

    $ 189,900

    4.0

    2880.25 - 0.50

    acre$ 399,500

    4.0$ 749,000

    25

    4

    2886

    We continue to see prices in this zip code hovering around thesecurrent levels, even though they bumped up a bit this week.Look for a persistent up-shift in the Market Action Index beforewe see prices move significantly from here.

    The market has shown some evidence of slowing recently. Bothprices and inventory levels are relatively unchanged in recent weeks.

    Watch the Market Action Index for changes as it can be a leadingindicator for price changes.

    Inventory has been tightening and days-on-market increasingrecently. The Market Action Index has been basically flat, notproviding strong indication for market conditions.

    SAINT CHARLES, IL 60174Leslie Ebersole'sExecutive Summary

    67

    2011

    1.5

    Monday July 5, 2010

    The median list price in SAINT CHARLES, IL 60174 this week is$306,250.

    Investigate the market in quartiles where each quartile is 25% of homordered by price.

    Most expensive 25% of properties

    Upper-middle 25% of properties

    Lower-middle 25% of properties

    Least expensive 25% of properties

    Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

    Leslie Ebersole | Baird&Warner | (630)945-7935

    No change Strong upward trend Strong downward trend

    Slight upward trend Slight downward trend

    + ==

    =

    Powered by Altos Research LLC | www.altosresearch.com | Copyright 2010 Altos Research LLC

    Single Family Homes

    Median Lot Size

    9.4

    Percent Relisted (reset DOM)

    2413

    2.5

    0 %

    Median Number of Bathrooms

    198

    Median List Price

    Average Days on Market (DOM)$ 147

    Percent Flip (price increased)

    0.25 - 0.50 acreMedian House Size (sq ft)

    $ 306,250

    51 %

    4.0

    Market Action Index

    Median Number of Bedrooms

    Asking Price Per Square Foot

    10 %Percent of Properties with Price Decrease

    Strong Buyer's

    +

    +

    ==

    +

    ttom/Fourth

    Lower/Third

    pper/Second

    Top/First

    This Week

    Supply and Demand

    Real-Time Market Profile Trend

    Price

    Price Tr

    Market Action Index

    The Market Action Index answers the question "How's theMarket?" By measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

    QuartilesCharacteristics per Quartile

    7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

    7-Day Rolling Average 90-Day Rolling Average