University City, MO Housing Market Report
The Sold! page which lists sold properties by address and subdivision has been updated through the end of June.
2010 YTD Home Sale Summary:
From January through June 2010, there have been 119 homes which sold through an agent priced at $150,000 or above.
- January – 13
- February – 8
- March – 21
- April – 19
- May – 31
- June – 27
Pricing:
Minimum sale price – $150,500
Maximum sale price – $699,000
Median sale price – $294,000
Days on Market:
DOM – The number of days from the time a property was initially listed until it got an accepted contract that later closed. Properties that are taken off the market for 60 days reset the days on market to zero when they are relisted.
Minimum DOM – 0
Maximum DOM – 331
Median DOM – 60
Sale Price Ratio:
SP:OLP – The percentage of the original listing price vs. the actual closing price. Example – a property was initially listed for $100,000, later had a price drop to $80,000, and closed for $75,000. The SP:OLP would be 75%. Low SP:OLP suggest properties were overpriced initially. On average, homes in most areas sell for 4-6% off of the current list price.
Minimum SP:OLP – 73.27%
Maximum SP:OLP – 105.66%
Average SP:OLP – 92.12%
YTD Condo Sale Summary:
There have only been 9 condos sales in University City from January – June 2010 which was listed by an agent and sold for $150,000 or above.
- 155 N. Hanley Road #202 – sold for $275,000 (1/6/10)
The Oaks of Olde Towne, 22 yrs old, 2 bedroom/2 bathroom, 1,571 square feet - 155 N. Hanley Road #200 – sold for $180,000 (2/10/10)
The Oaks of Olde Towne, 22 yrs old, 1 bedroom/1 bathroom, 1,038 square feet - 521 North & South Road – sold for $599,900 (2/11/10)
Beringer Place, 9 yrs old, 2 bedroom/2.5 bathroom, 2,720 square feet - 7801 Delmar Blvd #1E – sold for $185,000 (3/18/10)
Welu Condo, 73 yrs old, 2 bedroom/1 bathroom, 1,451 square feet - 7011 Dartmouth Avenue 1st floor – sold for $169,900 (5/5/10)
The Residences of Dartmouth, new construction, 2 bedrooms/2 bathrooms, 1,400 square feet - 754 Leland Avenue #1S – sold for $157,375 (5/28/10)
Leland Condominiums, 85 years old, 2 bedrooms/2 bathrooms, 1,230 square feet - 7011 Dartmouth Avenue 2nd floor – sold for $167,500 (5/28/10)
The Residences of Dartmouth, new construction, 2 bedrooms/2 bathrooms, 1,400 square feet - 7801 Delmar Blvd #1W – sold for $184,500 (6/23/10)
Welu Condominiums, 74 years old, 2 bedrooms/1 bathroom, 1,451 square feet - 7331 Forsyth Blvd #2W – sold for $250,000 (6/28/10)
Beacon Place Condos, 82 years old, 3 bedrooms/2 bathrooms, 1,496 square feet
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