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 |  | | Chesterfield City Park | |

|
2003 |
2004 |
2005 |
2006 |
2007 |
| # Sold |
98 |
98 |
93 |
90 |
81 |
| Low |
210,000 |
204,900 |
192,000 |
215,000 |
220,000 |
| High |
692,500 |
1,045,000 |
1,175,000 |
900,000 |
1,500,000 |
| Avg |
347,830 |
377,996 |
407,397 |
407,589 |
422,420 |
| Med |
308,450 |
308,750 |
324,900 |
343,200 |
370,000 |
| DOM |
60 |
41 |
47 |
53 |
69 |
| SP/LP |
97.45% |
97.99% |
96.91% |
97.21% |
96.84% |
| Avg Appreciation |
2.5% |
8.7% |
7.8% |
0.4% |
3.6% | MARQUETTE HIGH SCHOOL (ROCKWOOD)
|
2003 |
2004 |
2005 |
2006 |
2007 |
| # Sold |
207 |
202 |
194 |
172 |
157 |
| Low |
186,000 |
219,900 |
215,000 |
202,000 |
195,000 |
| High |
1,030,000 |
1,190,000 |
2,526,078 |
1,995,000 |
2,200,000 |
| Avg |
417,107 |
476,405 |
509,790 |
518,752 |
537,194 |
| Med |
385,000 |
453,000 |
445,500 |
475,500 |
480,000 |
| DOM |
59 |
53 |
61 |
63 |
80 |
| SP/LP |
97.26% |
97.14% |
96,37% |
95.51% |
94.84% |
| Avg Appreciation |
2.3% |
14.3% |
7.0% |
1.8% |
3.6% |
LAFAYETTE HIGH SCHOOL (ROCKWOOD)
|
2003 |
2004 |
2005 |
2006 |
2007 |
| # Sold |
20 |
20 |
21 |
18 |
|
| Low |
468,000 |
503,000 |
550,000 |
260,000 |
|
| High |
1,410,000 |
1,400,000 |
1,160,735 |
582,500 |
|
| Avg |
763,875 |
777,611 |
795,256 |
468,083 |
|
| Med |
729,447 |
765,000 |
810,000 |
561,750 |
|
| DOM |
64 |
65 |
81 |
167 |
|
| SP/LP |
98.05% |
94.81% |
97.75% |
95.16% |
|
| Avg Appreciation |
10.9% |
1.8% |
2.3% |
|
|
CONDO/VILLA RECAP The following is a synopsis of the condo/villa market in the Chesterfield area for 2007.
| |
Parkway Central |
Parkway West |
Marquette (Rockwood)
|
Lafayette (Rockwood)
|
| Units Sold |
158 |
42 |
113 |
8 |
| High SP |
1,090,000 |
971,205 |
743,050 |
333,000 |
| Low SP |
102,500 |
130,000 |
95,500 |
114,000 |
| Average SP |
250,552 |
288,556 |
204,435 |
219,313 |
| Avg. Days on Market |
80 |
102 |
91 |
75 |
| SP/LP |
96.20% |
95.76% |
97.13% |
96.38% | Please feel free to contact me if you have any questions about the Chesterfield area, or any other community in the St. Louis or St. Charles areas. 
Pricing >Price and Condition
Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.
If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.
Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.
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| Q |
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?
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| A |
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S. |
See More Real Estate Trivia > |
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