 | | | Wildwood City Hall | |
WILDWOOD
Incorporated on September 1, 1995
67 Square Miles
32,884+ Residents
11,000 Households
ROCKWOOD School District
Wildwood Real Estate Market Conditions Report
Wildwood is located in far West St. Louis County. It is a city of 67 square miles featuring beautiful panoramic views and rolling hills. Wildwood is nestled in the foothills of the Ozark Mountains and is bordered by portions of both the Meramec and Missouri Rivers. It is the third largest city in the State of Missouri in terms of its geographic size.
Although growing, Wildwood has worked diligently to maintain the native woodlands, the abudant open space and rural roadways. Contributing to the beauty of Wildwood are the approximately 11 square miles of publicly-held open space owned by the State of Missouri and St. Louis County. These publicly-held lands include:
BABLER STATE PARK
GREENSFELDER COUNTY PARK 
SCHOOL DISTRICTS -- Children living in Wildwood attend schools in the AAA ROCKWOOD SCHOOL DISTRICT
Students living in the northern area of Wildwood attend schools in the LAFAYETTE HIGH SCHOOL area of ROCKWOOD SCHOOL DISTRICT.
While students living in the southern area of Wildwood would attend the EUREKA HIGH SCHOOL area of ROCKWOOD SCHOOL DISTRICT
ROCKWOOD SCHOOL DISTRICT REPORT CARD
WILDWOOD REAL ESTATE RECAP
The following is a 5 year analysis of sales of single family homes in the Wildwood area. This will help you determine whether or not you would want to search for a home in Wildwood.
LAFAYETTE HIGH SCHOOL
|
2005 |
2006 |
2007 |
2008 |
2009 |
| # Sold |
444 |
202 |
256 |
194 |
162 |
| Low |
128,000 |
168,000 |
116,500 |
152,505 |
145,000 |
| High |
1,875,000 |
1,875,000 |
2,000,000 |
1,415,000 |
1,632,000 |
| Avg |
402,742 |
449,868 |
455,905 |
438,039 |
378,123 |
| Med |
348,000 |
380,000 |
377,851 |
390,000 |
330,000 |
| DOM |
61 |
62 |
83 |
92 |
115 |
| SP/LP |
97.23% |
96.72% |
96.56% |
87.91% |
91.21% |
| Avg Appreciation |
-1.8% |
11.7% |
1.3% |
-3.9% |
-13.7% |
EUREKA HIGH SCHOOL
|
2005 |
2006 |
2007 |
2008 |
2009 |
| # Sold |
141 |
122 |
141 |
99 |
71 |
| Low |
210,400 |
209,000 |
90,000 |
147,800 |
191,000 |
| High |
1,150,000 |
2,300,000 |
764,900 |
759,000 |
926,000 |
| Avg |
389,960 |
399,875 |
358,434 |
337,503 |
339,994 |
| Med |
320,000 |
332,250 |
307,000 |
285,000 |
295,000 |
| DOM |
71 |
75 |
97 |
95 |
113 |
| SP/LP |
97.02% |
96.70% |
97.01% |
91.81% |
89.48% |
| Avg Appreciation |
23.3% |
2.5% |
-10.4% |
-5.8% |
0.7% |
Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
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| Q |
What is an encumbrance against a property, which may be voluntary or involuntary?
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| A |
There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
