Market Report | March 2024

Page 1

| 2024
MARCH
Market Report

OntheCover

MARCH 2024 MARKET UPDATE

This French cottage in the Hampton Park neighborhood is a perfect blend of history and luxury.The home's attention to detail is extraordinary with expert craftsmanship and elegant finishes exuding comfortable sophistication.

Global Real EstateAdvisors

Robin Halt erman: 314.922.3339

robin halterman@sothebysrealty com

Traci St ix: 314 4779092

traci.stix @sothebysrealty.com 7948ParkDrive Richmond Heights,MO63117 OFFERED AT $2,675,000

HaltermanStixGroup

MARCH 20 24

Market Report
BRENTWOOD CLAYTON HAZELWOOD......................................... SOTHEBY'S CONNECTION KIRKWOOD LADUE LINDBERGH GLOBALLY CONNECTED MAPLEWOOD-RICHMOND HEIGHTS MEHLVILLE PARKWAY ROCKWOOD ST CHARLES ST LOUIS CITY UNIVERSITY CITY WEBSTER GROVES WENTZVILLE UNRIVALED EXPOSURE SCHOOL DISTRICT REPORTS 0 1 0 3 0 5 0 7 0 9 11 13 15 17 19 21 23 25 27 29 31 33 35
Brentwood School District At a glance MARCH 2024 MARKET UPDATE 01 $258 Average Price Per Sq.Ft 37 Average Days on Market $209 Average Price Per Sq.Ft $341,474 Average Sales Price $223,300 Average Sales Price 27 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $318,231 21 12 18 18 29 0.67 100.3% $279,277 30 26 24 19 32 1 37 99 4% 2023 2024 -12% +43% +117% +33% +5% +10% +104% -1% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 32 SUSSEX DRIVE | BRENTWOOD, MO 63144 REPRESENTED SELLER
Clayton School District At a glance MARCH 2024 MARKET UPDATE 03 $423 Average Price Per Sq.Ft 56 Average Days on Market $302 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price 21 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
$1,424,188
$506,525
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $703,535 26 45 23 22 51 2.05 96.6% $840,220 19 26 21 22 33 1 18 98 9% 2023 2024 +19% -27% -42% -9% 0% -35% -42% +2% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 811 GLENRIDGE AVENUE | CLAYTON, MO 6310 5 REPRESENTING SELLER | WARNER HALL GROUP
Hazelwood School District At a glance MARCH 2024 MARKET UPDATE 05 $136 Average Price Per Sq.Ft
Average Days on Market $105 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
41
$183,707
$123,950
51
RESIDENTIAL
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $185,442 151 137 148 145 37 0.9 98.6% $179,002 160 190 137 127 42 1 5 99 4% 2023 2024 -3% +6% +39% -7% -12% +13% +60% +1% % Change 15670 DEBRIDGE WAY | FLORISSANT, MO 63034 REPRESENTED SELLER MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
07
08
Kirkwood School District At a glance MARCH 2024 MARKET UPDATE 09 $280 Average Price Per Sq.Ft
Average Days on Market $206 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
17
$509,643
$255,113
22
RESIDENTIAL
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $615,578 60 41 53 41 38 1 102.2% $442,661 48 32 54 57 18 0 56 101 4% 2023 2024 -28% -20% -22% +2% +39% -53% -44% -1% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 1651 WEST ADAMS AVENUE | KIRKWOOD, MO 63122 REPRESENTING SELLER | TED WIGHT
Ladue School District At a glance MARCH 2024 MARKET UPDATE 11 $362 Average Price Per Sq.Ft
Average Days on Market $154 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
35
$1,482,118
$95,000
3
RESIDENTIAL
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $976,898 29 32 32 36 77 0.89 99.2% $1,416,065 38 31 30 21 33 1 48 102 2% 2023 2024 +45% +31% -3% -6% -42% -57% +66% +3% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 4 WHITFIELD LANE | LADUE, MO 63124 REPRESENTING SELLER | TED WIGHT
Lindbergh School District At a glance MARCH 2024 MARKET UPDATE 13 $232 Average Price Per Sq.Ft 19 Average Days on Market $198 Average Price Per Sq.Ft $405,322 Average Sales Price $229,900 Average Sales Price 12 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $329,450 70 34 53 50 30 0.68 103.8% $383,842 48 25 51 49 19 0 51 102% 2023 2024 +17% -31% -26% -4% -2% -37% -25% -2% % Change 45 GRANTWOOD LANE | GRANTWOOD, MO 63123 REPRESENTING SELLER | PENDING MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED

Globally Connected

Sotheby?s International Realty is the only truly global real estate brand,with a network of residential brokerage companies in more than 84 countries and territories

Through our personal relationships,our sellers reach a highly qualified group of global clientele. MexicoCity

15
St Louis
LosAngeles Denver Dallas Atlanta NewYork Chicago
Lima
Johannesburg RiodeJaneiro Madrid Rome Paris London Delhi Sydney Shanghai
Maplewood-Richmond Heights School District At a glance MARCH 2024 MARKET UPDATE 17 $229 Average Price Per Sq.Ft 40 Average Days on Market N/A Average Price Per Sq.Ft $339,088 Average Sales Price N/A Average Sales Price N/A Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $331,627 21 17 13 11 72 1.55 94.9% $339,088 17 12 16 13 40 0 92 101 6% 2023 2024 +2% -19% -29% +23% +18% -44% -41% +7% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 7330 FLORA AVENUE | MAPLEWOOD, MO 63143 REPRESENTED SELLER
Mehlville School District At a glance MARCH 2024 MARKET UPDATE 19 $197 Average Price Per Sq.Ft 17 Average Days on Market $183 Average Price Per Sq.Ft $317,574 Average Sales Price $219,744 Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
22
RESIDENTIAL
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $275,960 113 78 108 76 28 1.03 101.9% $289,135 94 67 96 86 19 0 78 102 4% 2023 2024 +5% -17% -14% -11% +13% -32% -24% 0% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 120 POTTLE AVENUE | ST LOUIS, MO 63129 REPRESENTED SELLER
Parkway School District At a glance MARCH 2024 MARKET UPDATE 21 $246 Average Price Per Sq.Ft 29 Average Days on Market $187 Average Price Per Sq.Ft $587,082 Average Sales Price $237,707 Average Sales Price 17 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $443,849 185 131 171 143 26 0.92 100.7% $506,027 155 102 154 125 26 0 82 102% 2023 2024 +14% -16% -22% -10% -13% 0% -11% +1% % Change 953 MASONRIDGE ROAD | TOWN & COUNTRY, MO 63141 REPRESENTING SELLER | SUZIE WELLS HOMES MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
Rockwood School District At a glance MARCH 2024 MARKET UPDATE 23 $232 Average Price Per Sq.Ft 24 Average Days on Market $207 Average Price Per Sq.Ft $507,162 Average Sales Price $312,040 Average Sales Price 19 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $463,034 136 96 119 120 38 0.8 100.2% $480,800 158 106 123 89 24 1 19 102 5% 2023 2024 +4% +16% +10% +3% -26% -37% +49% +2% % Change 1541 LOOKOUT MOUNTAIN DRIVE | WILDWOOD, MO 63021 REPRESENTING SELLER | HOLLOWAY | MICHAEL MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED

$306,108

19

$310,164

23

School District
a glance MARCH 2024 MARKET UPDATE 25
Average Price Per Sq.Ft
St.Charles
At
$213
Average Days on Market
Average Price Per Sq.Ft
$210
Average Sales Price
Average Sales Price
Average Days on Market
CONDOS
ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
RESIDENTIAL TOWNHOMES/
BASED
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $297,415 61 31 53 56 16 0.55 103.6% $306,950 53 19 59 53 20 0 36 101 1% 2023 2024 +3% -13% -39% +11% -5% +25% -35% -2% % Change 913 NATCHEZ DRIVE | ST CHARLES, MO 63303 REPRESENTED SELLER MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
City School District At a glance MARCH 2024 MARKET UPDATE 27
Average Price Per Sq.Ft
Average Days on Market $284 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS
ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
St.Louis
$159
38
$242,158
$239,984
69
RESIDENTIAL
BASED
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $228,078 450 523 328 292 36 1.79 100.7% $241,849 401 583 305 253 43 2 3 99 3% 2023 2024 +6% -11% +11% -7% -13% +19% +28% -1% % Change 53 PORTLAND PLACE | ST. LOUIS, MO 6310 8 REPRESENTED SELLER | PENDING MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
a glance MARCH 2024 MARKET UPDATE 29 $195 Average Price Per Sq.Ft
Average Days on Market 179 Average Price Per Sq.Ft
Average Sales Price
Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
University City School District At
29
$374,776
$105,000
38
RESIDENTIAL
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $301,857 46 42 42 38 27 1.11 98.3% $367,484 47 47 42 37 29 1 27 98 2% 2023 2024 +22% +2% +12% 0% -3% +7% +14% 0% % Change MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED 150 LINDEN AVENUE | UNIVERSITY CITY, MO 6310 5 REPRESENTING SELLER | ELAINE MEDVE KORN
Webster Groves School District At a glance MARCH 2024 MARKET UPDATE 31 $243 Average Price Per Sq.Ft 23 Average Days on Market $233 Average Price Per Sq.Ft $360,385 Average Sales Price
Average Sales Price 2 Average Days on Market RESIDENTIAL TOWNHOMES/ CONDOS BASED ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
$360,000
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $351,661 49 26 41 33 18 0.79 104.3% $360,361 34 19 40 32 21 0 59 100 4% 2023 2024 +2% -31% -27% -2% -3% +17% -25% -4% % Change 360 OAKWOOD AVENUE | WEBSTER GROVES, MO 63119 REPRESENTED SELLER MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
School District At a glance MARCH 2024 MARKET UPDATE 33 $214 Average Price Per Sq.Ft 36 Average Days on Market $215 Average Price Per Sq.Ft $426,128 Average Sales Price $261,403 Average Sales Price
Average Days on Market
TOWNHOMES/ CONDOS
ON MARIS SCHOOL DISTRICT STATS MARCH 1ST - MARCH 31ST
Wentzville
44
RESIDENTIAL
BASED
AVG SALE PRICE NEW LISTINGS HOMES FOR SALE PENDING SALES CLOSED SALES DAYS ON MARKET MONTHS SUPPLY % OF LIST PRICE $359,332 144 123 142 115 40 1.07 100.1% $404,587 151 147 147 130 37 1 13 100 2% 2023 2024 +13% +5% +20% +4% +13% -8% +6% 0% % Change 10 5 WOODSPUR DRIVE | WENTZVILLE, MO 63385 REPRESENTED SELLER MARCH 1ST - MARCH 31ST DATA BASED ON RESIDENTIAL & TOWNHOMES/ CONDOS COMBINED
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