Real Estate Market Update: St. Charles County – Last 30 Days (8/19/2024 – 9/19/2024)
The real estate market in St. Charles County continues to show strong performance, with both residential single-family homes and condos experiencing robust activity. Here’s a detailed breakdown of the market trends over the last 30 days, including the number of closed units, average prices, and average market time.
Residential Single-Family Homes
– Total Units Sold: 352
– Total Dollar Value: $146,077,361
– Average List Price: $412,421
– Average Sold Price: $414,993
– Average Days on Market: 20 days
– Average Square Footage: 1,937 sq. ft.
– % of List Price Received: 100.32%
Breakdown by Bedroom Category:
– 2-Bedroom Homes:
– Units Sold: 28
– Total Dollar Value: $6,726,085
– Average Sold Price: $240,217
– Average Days on Market: 21 days
– Average Square Footage: 1,113 sq. ft.
– % of List Price Received: 98.55%
– 3-Bedroom Homes:
– Units Sold: 182
– Total Dollar Value: $65,263,020
– Average Sold Price: $358,588
– Average Days on Market: 16 days
– Average Square Footage: 1,597 sq. ft.
– % of List Price Received: 100.86%
– 4-Bedroom Homes:
– Units Sold: 115
– Total Dollar Value: $56,502,254
– Average Sold Price: $491,324
– Average Days on Market: 24 days
– Average Square Footage: 2,468 sq. ft.
– % of List Price Received: 99.79%
– 5+ Bedroom Homes:
– Units Sold: 27
– Total Dollar Value: $17,586,002
– Average Sold Price: $651,333
– Average Days on Market: 23 days
– Average Square Footage: 2,824 sq. ft.
– % of List Price Received: 101%
Condo/Coop/Villa Market
– Total Units Sold: 60
– Total Dollar Value: $17,094,230
– Average List Price: $285,170
– Average Sold Price: $284,904
– Average Days on Market: 21 days
– Average Square Footage: 1,375 sq. ft.
– % of List Price Received: 100.27%
Breakdown by Bedroom Category:
– 2-Bedroom Condos:
– Units Sold: 37
– Total Dollar Value: $8,270,148
– Average Sold Price: $223,518
– Average Days on Market: 19 days
– Average Square Footage: 1,228 sq. ft.
– % of List Price Received: 100.34%
– 3-Bedroom Condos:
– Units Sold: 21
– Total Dollar Value: $7,645,046
– Average Sold Price: $589,518
– Average Days on Market: 27 days
– Average Square Footage: 2,209 sq. ft.
– % of List Price Received: 100.00%
Market Insights:
The St. Charles County real estate market remains highly competitive, with most properties selling at or above the list price. Homes with 3 to 5+ bedrooms are particularly popular, selling quickly and often over the asking price. Condos are also seeing significant activity, with 2- and 3-bedroom units moving steadily.
If you’re looking to buy or sell in St. Charles County, now is a great time to make a move. Reach out to us for more personalized market insights or to start your home buying or selling journey today!
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