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 | | | 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% |
First Time Buyers >Inspection Contingencies
Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.
The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.
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| Q |
Who is "Freddie Mac", and why is he a big name in real estate?
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| A |
"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
