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8/8/2019 Wildwood MO Real Estate Trends and Statistics
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MARKET UPDATEFinding Homes for You
· Current Real Estate Market Conditions for Single Family Homes
· Trends in Pricing· Current Levels of Supply and Demand· Value Metrics
· Report for the week ofSeptember 13, 2010
· Presented by Finding Homes for YouFinding Homes For You, Inc www.FindingHomesForYou.com - [email protected]
WILDWOOD, MO 63040
Powered by Altos Research LLC | www.altosresearch.com | Copyright © 2005-2010 Altos Research LLC
8/8/2019 Wildwood MO Real Estate Trends and Statistics
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Median List Price
Median Lot Size
9.3
Percent Relisted (reset DOM)
2520
2.5
2 %
Median Number of Bathrooms
112
Inventory of Properties Listed
$ 135
Percent Flip (price increased)
0.25 - 0.50 acre
Median House Size (sq ft)
$ 314,381
45 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
16 %
Percent of Properties with Price Decrease
Strong Buyer's
≠≠
±+
±+
==
==
Altos Research Value Statistics
Most Expensive Listing
Average Days on Market (DoM)
ottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week Real-Time Market Profile Trend
The Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30implies a seller's advantage. Below 30, conditions give the advantage to thebuyer.
Supply and Demand
Characteristics per Quartile
0 22912
1112.0 0
3.0
1
111
3.0 11
116
1
0
0.25 - 0.50acre
0
$ 299,000
0
0
11
2.5
8,001 -10,000 sqft
02.5
2266 8,001 -10,000 sqft
11
$ 234,500
4.0
111
0.25 - 0.50acre$ 332,000
4.0$ 419,900
0
0
2754
Inventory has been lightening latelyand the Market Action Index has beentrending up. Though days-on-marketis increasing, these are mildly positiveindications for the market.
Monday September 13, 2010
Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659
11
2000
2.5
The median list price in WILDWOOD,MO 63040 this week is $314,381. The44 properties have been on themarket for an average of 112 days.
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.
No change
Strong upward trend Strong downward trendSlight upward trend Slight downward trend±+
== ≠≠
≠=
WILDWOOD, MO63040
Neighborhood Detail
Least Expensive Listing
Average List Price
Average Age of Listing
44
$ 735,000$ 199,000
$ 334,409
0
Trend Key:
The Market Action Index has beentrending lower for several weekswhile prices have remainedrelatively stable. If inventorycontinues to grow relative todemand however, it is likely that wewill see downward pressure onpricing.
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Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659Neighborhood Detail
WILDWOOD, MO63040
Monday September 13, 2010
Median PriceWe continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Indexbefore we see prices move from these levels.
90-day Average7-day Average
Quartile PricesIn the quartile market segments, we see that this zip code isn't showing much strong directional indication lately. Quartiles 2and 4 are up while Quartiles 1 and 3 are down in recent weeks. Watch for persistent shifts in the Market Action Index for aleading indicator of stronger price moves in the market as a whole.
First/Top Second/Upper Third/Lower Fourth/Bottom
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8/8/2019 Wildwood MO Real Estate Trends and Statistics
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Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659Neighborhood Detail
WILDWOOD, MO63040
Monday September 13, 2010
Price per Square FootThe market plateau is seen across the price and value. The price per square foot and median list price have both beenreasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves fromthese levels.
90-day Average7-day Average
Inventory of Properties Listed for SaleInventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look tothe Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
90-day Average7-day Average
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Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659Neighborhood Detail
WILDWOOD, MO63040
Monday September 13, 2010
Market Action IndexThe WILDWOOD, 63040 market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market ActionIndex stands at 9.26. With several months of inventory available at the current sales rate, buyers should find ample choice.
Buyers/Sellers Cutoff90-day Average
Market Action Index per QuartileNot surprisingly, all quartiles are in the Buyer's Market zone with several months of inventory given the current levels ofdemand. Watch the quartiles for changes before the overall market shifts.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterizedby analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’sAdvantage zone (below 30) for a long period, prices are likely in for a downward correction.
The Market Action Index (MAI) illustrates a balance between supply and demand using a statistical functionof the current rate of sale versus current inventory.
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Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659Neighborhood Detail
WILDWOOD, MO63040
Monday September 13, 2010
Days on MarketThe properties have been on the market for an average of 112 days. Half of the listings have come newly on the market in thepast 136 or so days.
90-day Average7-day Average
Days on Market per QuartileIt is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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