What Is My Lake St. Louis Home Worth? ~ Home Sales in 63367

 

August 2022 Update  (Year-to-Date)

This report is for single family homes ONLY and NOT condos or new construction.  It’s covering the Lake St. Louis 63367 zip code area 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 63367 zip code only.  Percentages reflect increases or decreases from the same period of 2021.

Lake St. Louis offers a diversity of living choices, with a focus on executive-style housing and lakeside living.  Much of the zip code area is easily reached by I-70 and I-64/Hwy 40.

Lake St. Louis Single Family Home Category Data Summary

Homes Sold:                   231  (0 Bank/Govt. Forecl.)     DOWN:     21.6%

Average Price:                 $441,006                        UP:            10.5%

Days on Mkt. Avg:           17                                   DOWN:     15.0%

Avg. Price Per SqFt:         $207.19                          UP:             14.0%

Avg. Sales/List %:            102.84%                        UP:               0.7%

Most Expensive Home Sold:                  $ 1,685,000

Least Expensive Home Sold:                  $      125,500

Number of Homes Currently For Sale:             33

                

What can we determine from the latest statistics?

While sales volume may have dropped from the previous year; that is due solely to the 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.  

-       There is an extreme shortage of homes currently for sale in the Lake St. Louis 63367 zip code area.  Our company has a massive list of buyers just waiting to make offers on homes in 63367.

What does this mean to you as a current 63367 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 63367 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 

What is My Lake St. Louis Home Worth? Home Sales in 63367

  April 2022 Update  (Year-to-Date)

This report is for single family homes ONLY and NOT condos or new construction.  It’s covering zip code 63367 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).  If any property traded hands without a Realtor® involved, it won’t be reflected in this report.  All data is for the 63367 zip code only.  Percentages reflect increases or decreases from the same period of 2021.

The 63367 zip code offers a diversity of living choices.  Much of the zip code area is easily reached by I-64/Hwy 40 and I-70.

 

            

Lake St. Louis 63367 Single Family Home Category Data Summary

Homes Sold:                   96  (0 Bank/Govt. Foreclosures)     DOWN:      7.6%

Average Price:                 $405,216                              UP:             5.3%

Days on Mkt. Avg:           21                                         DOWN:     12.5%

Avg. Price Per SqFt:         $201.22                                UP:            12.5%

Avg. Sales/List %:            103.02%                              UP:              2.4%

Most Expensive Home Sold:                  $1,129,000

Least Expensive Home Sold:                  $  125,000

Number of Homes Currently For Sale:                            11

                

What can we determine from the latest statistics?

While sales volume may have dropped from the previous year; that is due solely to the   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 (homes selling over list price).

-         There is an extreme shortage of homes currently for sale in the Lake St. Louis 63367 zip code area.  Our company has a massive list of buyers just waiting to make offers on homes in 63367.

What does this mean to you as a Lake St. Louis 63367 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 Lake St. Louis 63367 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 

The Four Reasons Not to Buy a Home in the Winter

Can you purchase a new home now while interest rates are still low and there are great deals during the Holidays or do you think you need to wait until Spring?  If you're planning to wait it out, it must be because of one of the following four reasons.

1.     You Want to Pay More

Waiting for everyone else in your area to get up off the sofa and decide to jump in the market to start looking for a new home, you will pay the price.  Really!  Sellers who have their homes for sale during the Holiday months...October through January...are extremely serious and motivated.  This works in your favor (the savvy buyer) who is looking to get a deal on a discounted home.

2.     You Like Competition

 



Of course, you are not the only ones who desire to get through the Holiday season and the winter before taking on a massive life change with a move to a new home.  Spring is called the buying season for a reason...it's when buyers list their home and look for another, hoping that the timing of the finding, selling and moving all line up perfectly timewise, when the kids are out of school.  Makes sense...which is why everyone does it.  That's exactly why you should be doing it now...which few people are!  Less competition from other buyers during the Holidays might mean you'll be able to negotiate a more favorable price for the home you want to purchase.

 

Winter is a Buyers' Market! 

With less competition and fewer house-hunters, the winter months give you an opportunity to get a good deal.  Not only are asking prices lower, you'll find fewer instances of multiple offers occurring, as they did over the Spring and early Summer months.

3.     You Hate Getting a Great Deal

 

There is a tendency for sellers to avoid the end of the year...due to the short days, wintry weather, holiday parties and their perception that homebuyers are occupied.  However, those who do choose to sell their homes at the end of the year are often under pressure and highly motivated to cut a deal.  That's why the year-end might be a smart time for you to buy!

4.     You Want to Wait For Interest Rates to Go UP

 

 

Who cares if the current interest rates are at extremely low levels, but are projected to go up next year?  You've already established you're okay with the idea of paying more!  (See Items 1-3).  The Holiday season may be the last time to lock in a low loan rate that could potential start to climb in 2016.

 

 

Relaxing with a plate of goodies, some egg nog, and a holiday movie sounds great.  But, you know what would sound even better?  Relaxing in your new home knowing you made a great investment.  The ability to kick up your feet isn't going anywhere, but the ideal house with the perfect layout that just listed in your desire neighborhood for a reasonable price definitely is!  That movie can wait...but will that perfect home you've been dreaming of still be there when it's over?

 

 

 

To get started in finding your ideal home, contact me right away.  I can show you the array of value-priced homes that are currently on the market, as well as fabulous homes that are COMING SOON!

 

Judy Wrozier, ABR®

Coldwell Banker Premier Group

 

(314) 348-4033

 

Judy.Wrozier@ColdwellBanker.com