Monday July 5, 2010

Leslie Ebersole's SAINT CHARLES, IL 60175

Executive Summary Single Family Homes

This Week
Real-Time Market Profile Trend
Median List Price $ 499,900 ±+
Asking Price Per Square Foot $ 152 ±+
The median list price in SAINT CHARLES, IL 60175 this week is Average Days on Market (DOM) 224 ==
$499,900.
Percent of Properties with Price Decrease 47 %
Percent Relisted (reset DOM) 11 %
Inventory and days-on-market are climbing, while the Market
Action Index has been flat recently. The trends point to a Percent Flip (price increased) 2%
weakening market. Median House Size (sq ft) 3513
Median Lot Size 0.50 - 1.0 acre
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.5

Supply and Demand Market Action Index Strong Buyer's 8.6 ±+

The market has shown some evidence of slowing recently. Both ±+ No change == Strong upward trend ≠≠ Strong downward trend
prices and inventory levels are relatively unchanged in recent weeks.
Watch the Market Action Index for changes as it can be a leading = Slight upward trend ≠ Slight downward trend
indicator for price changes.

Price
Market Action Index We continue to see prices in this zip code bouncing around this
plateau. Look for a persistent up-shift in the Market Action Index
before we see prices move from these levels.

Price Trends

7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff

The Market Action Index answers the question "How's the

Market?" By measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.

Quartiles
7-Day Rolling Average 90-Day Rolling Average

Characteristics per Quartile Investigate the market in quartiles -

where each quartile is 25% of homes
ordered by price.
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
1.0 - 2.5
Top/First $ 1,099,450 5310 acres 5.0 5.0 6 92 2 4 273 Most expensive 25% of properties

0.50 - 1.0
Upper/Second $ 600,000 3718 acre 4.0 3.5 11 92 0 1 230 Upper-middle 25% of properties

0.50 - 1.0
Lower/Third $ 439,900 3200 acre 4.0 3.5 16 92 4 3 210 Lower-middle 25% of properties

0.50 - 1.0
Bottom/Fourth $ 310,000 2647 acre 4.0 2.5 31 93 3 7 183 Least expensive 25% of properties

Leslie Ebersole | Baird&Warner | (630)945-7935

Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2010 Altos Research LLC