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



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.

age 2 of 6

Single Family Homes in



Finding Homes for You | www.FindingHomesForYou.com | 636.386.0659Neighborhood Detail

WILDWOOD, MO63040


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

age 3 of 6





WILDWOOD, MO63040


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.


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.


age 4 of 6





WILDWOOD, MO63040


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.


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.

age 5 of 6





WILDWOOD, MO63040


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.


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.


age 6 of 6


wildwood mo real estate trends and statistics

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