August 2022 Update (Year-to-Date)
This
report is for single family homes ONLY and NOT condos or new
construction. It’s covering Defiance only. This report is informational and for the best
advice for you as an area home buyer or seller, please contact me for a
specific review of your needs.
All data
is derived from the St. Louis Multiple Listing System (MLS) as of August 15,
2022. If any property traded hands without a Realtor® involved, it
won’t be reflected in this report. All data is for the 63341 zip code
only. Percentages reflect increases or decreases from the same
period of 2021.
Defiance offers
a diversity of living choices, with a focus on luxury housing on acreage. Much
of the zip code area is easily reached by I-64/Highway 40, Highways D and DD,
and Highway 94.
Defiance Single Family Home Category Data Summary
Homes
Sold:
36 (2
Bank/Govt. Forecl.) UP:
28.5%
Average
Price:
$628,364
DOWN:
9.0%
Days on
Mkt. Avg: 28
DOWN: 9.6%
Avg.
Price Per SqFt: $256.26
UP: 10.7%
Avg.
Sales/List %: 100.18% UP:
0.9%
Most Expensive
Home Sold: $ 2,400,000
Least
Expensive Home Sold: $ 250,000
Number of
Homes Currently For Sale: 7
What can
we determine from the latest statistics?
The fact
that sales volume has increased from the previous year shows that
Defiance has become a very desirable area to purchase a home.
- Days on
Market is very doable.
- Distressed
properties (foreclosures) have minimal impact at this point. Less impact means
better pricing for the rest of the market.
- There is an extreme
shortage of homes currently for sale in the Defiance. Our company has
a massive list of buyers just waiting to make offers on homes in Defiance.
What does
this mean to you as a Defiance single family home owner?
Home sale
prices are rising and homes are selling quickly. The equity in your
home is also rising. It’s still crucial to price right and prep your
home, if you’re considering making a move. (Don’t forget…there is a
lot of new construction competition.)
For an
evaluation of your specific home’s marketability, please contact us.
What does
this mean to you as a potential Defiance home buyer?
If you
find a home that suits you, you cannot delay acting in putting in an offer to
buy the property or you may miss out on your opportunity. That’s why
it is beneficial for you to work with us to not only assist in finding
available properties, but to provide every advantage to help your offer get
accepted.
St.
Charles County still continues to be a VERY affordable place to buy a
home. There is some new construction available and we can help you
get the best deal. The builder will NOT cut you a price break for
showing up unrepresented and using our services will NOT cost you a thing!
Contact
us with any of your real estate questions, including what your home’s value is
in today’s real estates, what it could sell for, and how quickly it could sell.
JUDY WROZIER
Realtor® - ABR®, SFR®
CLICK HERE to search Homes For Sale
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