Wednesday, August 17, 2022

What Is My Foristell Home Worth? ~ Home Sales in Foristell

 

What is My Foristell Home Worth?  Home Sales in 63348

                                     August 2022 Update  (Year-to-Date)

 

This report is for single family homes ONLY and NOT condos or new construction.  It’s covering Foristell 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 63348 zip code only.  Percentages reflect increases or decreases from the same period of 2021.

The 63348 zip code offers a diversity of living choices, with a focus on homes on acreage and includes the lake community of Incline Village.  Much of the zip code area is easily reached by I-70 and I-64/Hwy. 40.

                      


 Foristell Single Family Home Category Data Summary

Homes Sold:                   59  (0 Bank/Govt. Forecl.)   UP:         11.3%

Average Price:                $438,786                      UP:           0.8%

Days on Mkt. Avg:         26                                  DOWN:   54.3%

Avg. Price Per SqFt:       $223.08                        UP:             6.7%

Avg. Sales/List %:           99.92%                        DOWN:     1.5%

Most Expensive Home Sold:    $1,452,500

Least Expensive Home Sold:    $   150,000

Number of Homes Currently For Sale:                   13

                                 

What can we determine from the latest statistics?

While sales volume may have increased from the previous year; there is still a lack of inventory of homes available for sale.

-         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.

-         Sales prices increased along with the average price per square foot.  The increase of the sales to list price is always good news.

-         There is an extreme shortage of homes currently for sale in the Foristell area.  Our company has a massive list of buyers just waiting to make offers on homes in 63348.

 

What does this mean to you as a Foristell single family home owner?

Home sale prices are rising and home 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 Foristell 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®

 

(314) 348-4033

     

 


CLICK HERE to search Homes For Sale 

 

No comments:

Post a Comment

What is a Luxury Home and What Makes It So Special?

  If you've ever looked over real estate listings and came across an ad for a "luxury home", you might have thought..."Wo...