8/14/2019 Kelsey Cottrell Realty Exec Summary Ballwin MO

1/1

2 63245

1472.5 2

3.0

11

164

3.0 144

169

15

6

0.50 - 1.0acre

6

$ 221,950

12

7

144

3.5

8,001 -10,000 sqft

122.5

13590.25 - 0.50

acre

144

$ 174,400

4.0

246

0.25 - 0.50acre$ 309,900

4.0$ 499,450

8

2466

Again this week we see a downward notch for prices. Pricescontinue to pull back from the market's highs. The Market AIndex is a good leading indicator for the durability of this tr

Home sales have been exceeding new inventory for several weeks.However because of excess inventory, prices have not yet stopped

falling. Should the sales trend continue, expect prices to level offsoon and potentially to resume their climb from there. Watch pricesas the market transitions from a Buyer's market to a Seller's market.

Demand measured by the Market Action Index is increasing anddays-on-market is trending downward. Even as more propertiescome available, these are positive trends for the market.

BALLWIN, MOKelsey Cottrell Realty'sExecutive Summary

144

1808

2.0

Monday April 12, 2010

The median list price in BALLWIN, MO this week is $250,000.

Investigate the market in quartwhere each quartile is 25% of hordered 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.

Kelsey Cottrell Realty | www.kelseycottrell.com | 314-779-3690

No change Strong upward trend Strong downward t

Slight upward trend Slight downward tr

+ ==

=

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

Single Family Homes

Median Lot Size

15.4

Percent Relisted (reset DOM)

2139

2.5

3 %

Median Number of Bathrooms

181

Median List Price

Average Days on Market (DOM)

$ 130

Percent Flip (price increased)

0.25 - 0.50 acre

Median House Size (sq ft)

$ 250,000

42 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

9 %

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 Tren

Price

Price T

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