Chesterfield, Wildwood and West St. Louis real estate and homes for sale in Missouri - Janice Freeman, REALTOR® Janice Freeman REALTOR(r) for Chesterfield, Wildwood and West St. Louis, Missouri real estate - NUMBER1EXPERT™ Janice Freeman NUMBER1EXPERT(tm) for Chesterfield, Wildwood and West St. Louis, Missouri real estate
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Janice Freeman, REALTORŪ, real estate agent and broker for Chesterfield, Wildwood and West St. Louis Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Info: Chesterfield, Wildwood and West St. Louis Missouri home buying, real estate listings, and homes for sale in St. Louis County, MO
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Chesterfield City Park
Chesterfield City Park


CHESTERFIELD

Incorporated in 1988
32 Square Miles
57,000 Residents
16,061 Households
ROCKWOOD and PARKWAY School Districts

Chesterfield Real Estate Market Conditions Report

CHESTERFIELD is a wonderful, family oriented community located approximately 25 miles west of downtown St. Louis. Chesterfield covers an area of over 33 square miles in suburban St. Louis County and has a population of approximately 47,000.

CHESTERFIELD is a progressive and affluent community and is noted for its excellent schools, wonderful neighborhoods, vibrant business community, recreation amenities, great shopping, and an abundance of restaurants!

SCHOOL DISTRICTS -- There are actually two excellent school districts that students living in Chesterfield attend.  PARKWAY SCHOOL DISTRICT and ROCKWOOD SCHOOL DISTRICT

Students living in the northern part of Chesterfield would attend schools in the  PARKWAY CENTRAL area of the district.

Students living in the eastern part of Chesterfield would attend schools in the PARKWAY WEST area of the district.

PARKWAY DISTRICT SCHOOL PROFILE AND MAP TEST RESULTS

Students living in the South and Central area of Chesterfield attend schools in the MARQUETTE HIGH SCHOOL area of ROCKWOOD SCHOOL DISTRICT.

Students living in the western area of Chesterfield would attend the  LAFAYETTE HIGH SCHOOL area of ROCKWOOD SCHOOL DISTRICT

ROCKWOOD SCHOOL DISTRICT REPORT CARD

CHESTERFIELD REAL ESTATE RECAP

The following is a 5 year analysis of sales of single family homes in the Chesterfield area. This will help you determine whether or not you would want to search for a home in Chesterfield.

PARKWAY CENTRAL

2007 2008 2009 2010 2011
# Sold 247 183 183 191 112
Low 140,000 167,500 160,000 141,000 148,000
High 995,000 1,250,000 920,000 750,000 680,000
Avg 352,439 350,155 330,284 309,324 301,888
Med 330,000 310,000 301,000 292,000 282,500
DOM 68 85 80 80 105
SP/LP 95.90% 90.96% 91.16% 92.03% 90.15%
Avg Appreciation -0.8% -0.6% -5.7% -6.3% -2.4%


PARKWAY WEST 

2007 2008 2009 2010 2011
# Sold 81 75 67 72 33
Low 220,000 135,900 131,525 157,500 165,000
High 1,500,000 856,000 1,075,000 1,285,000 600,000
Avg 422,420 385,306 375,823 370,932 336,085
Med 370,000 330,000 320,000 310,000 325,000
DOM 69 88 82 70 90
SP/LP 96.84% 89.91% 92.76% 92.23% 89.40%
Avg Appreciation 3.6% -8.8% -2.5% -1.3% -9.4

MARQUETTE HIGH SCHOOL (ROCKWOOD) 

2007 2008 2009 2010 2011
# Sold 157 152 156 151 96
Low 195,000 165,000 159,800 176,000 158,000
High 2,200,000 2,100,000 1,500,000 1,675,000 1,200,000
Avg 537,194 526,686 453,376 475,168 441,879
Med 480,000 451,675 408,500 417,000 383,500
DOM 80 81 92 92 112
SP/LP 94.84% 91.21% 89.99% 85.69% 89.41%
Avg Appreciation 3.6% -2.0% -14.0% 4.8% -7.0

LAFAYETTE HIGH SCHOOL (ROCKWOOD) 

2007 2008 2009 2010 2011
# Sold 18 71 52 71 33
Low 260,000 250,000 162,000 205,000 206,000
High 582,500 1,500,000 2,625,000 1,475,000 2,625,000
Avg 468,083 607,558 573,800 548,919 586,712
Med 561,750 575,000 550,250 522,500 515,000
DOM 167 135 114 112 77
SP/LP 95.16% 86.70% 87.45% 88.84% 91.52%
Avg Appreciation -21.1% 29.841.1% -5.6% -4.3% 6.9%

CONDO/VILLA RECAP 

The following is a synopsis of the condo/villa market in the Chesterfield area for 2011. 

 

Parkway
 Central

Parkway
West

 Marquette
(Rockwood)

 Units Sold

60

17

17

 High SP

662,500

 401,000

470,000

 Low SP

76,100

115,000

145,500

 Average SP

223,463

194,521

 359,508

 Avg. Days on Market

130

167

146

 SP/LP

83.86%

 84.72%

83.95%

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. 

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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?

A 
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S.
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Janice Freeman, REALTORŪ, real estate agent and broker for Chesterfield, Wildwood and West St. Louis Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Janice Freeman
Prudential Alliance, Realtors

17050 Baxter Road, Suite 200
Chesterfield, MO 63005
Direct: 636-530-4005
Toll Free: 1-800-738-0300x4005
Cell: 314-753-7852
Email: jmf@janicefreeman.com

I LOVE MY JOB! Plain and simple. I don't have a team, I work alone with excellent systems in place and a great company support staff. I love the one-on-one contact with my buyers and sellers. I've been licensed in Missouri since 1987. I've had 7 corporate moves, living on both the East Coast, the West Coast and places in between. I personally know the challenges and stress involved in moving. My goal is to give my clients the kind of service they expect and deserve to receive -- and to have fun while helping them with their homebuying or homeselling needs!

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