Keller Williams Luxury Magazine: St. Louis, June 2023

Page 1

JUNE 2023

Many aspects of your home will be universally attractive to buyers, but when price enters the conversation differing opinions can emerge.

Pricing your listing to be competitive while optimizing the return on your initial investment – all with respect to the apparent and perceived value of the property – will be of paramount concern We’ll assign a price after analyzing the market as well as assessing the unique qualities of your property

LUXURY MARKET TRENDS*

195 active listings

70 pending listings

71 recent closings

$995,000 average listing price

$890,000 average selling price

$245 average price per square foot

Immediately west of the City of Saint Louis, the City of Clayton, Missouri combines a lively downtown with thriving residential neighborhoods It’s a unique, upscale suburban community with an inner-ring urban vibe While land use in Clayton is mostly dedicated to residential or park use, the city’s Central Business District is home to some of the area’s priciest office space Although the residential population is a modest 16,000, the daytime work population swells to more than 50,000 In addition, Clayton offers extensive retail space that is home to both national chains and many boutique-style local merchants

THE ESSENTIALS

TRENDING BUYER PREFERENCES

Top-grade kitchen

Walkability

Entertainment options nearby

Updated interiors

Indoor/Outdoor living spaces

45 active listings

19 pending listings

13 recent closings $1,400,000 average listing price $1,600,000 average selling price

$355 average price per square foot

$1

4 Beds 3 Baths
Square Feet
3M Listing Price $1 175M Selling Price Sold in 10 Days 7408 CROMWELL DRIVE 4 Beds 5 Baths
Square Feet
Listing Price
Selling Price Sold in 66 Days 35 CRESTWOOD DRIVE 6349 ELLENWOOD AVENUE
Beds
Baths
Square Feet
3,052
$1
3,685
$1.275M
$1.148M
5
5
4,726
995M Listing Price
995M Selling Price Sold in 21 Days
$1
5 Beds 6 Baths 4,942 Square Feet $2 150M Listing Price $2 050M Selling Price Sold in 119 Days 1 TUSCANY PARK 4 Beds 4 Baths 5,208 Square Feet $1.425M Listing Price $1.375M Selling Price Sold in 34 Days 6425 CECIL AVENUE 7429 PARKDALE AVENUE 4 Beds 3 Baths 2,569 Square Feet $995K Listing Price $995K Selling Price Sold in 1 Day (CONTINUATION)

Incorporated in 1988 and covering approximately 32 square miles in suburban St Louis County, the City of Chesterfield, Missouri is a thriving residential and business community Chesterfield is located just 25 minutes west of downtown St Louis along Interstate 64 It is a special place where gleaming mid-level office buildings, tree-lined neighborhoods, shopping centers and rustic horse farms have found a way to blend harmoniously upon a 32-square mile canvas of rolling hills and lush green valleys More than 47,000 people call Chesterfield home The City is a wonderful blend of attractive homes, excellent senior living facilities, top-rated school districts, houses of worship, unlimited shopping and dining destinations, along with historic and cultural attractions

TRENDING BUYER PREFERENCES

Luxury Bathrooms

Pools and Outdoor Living Spaces

Deep-pour Finished Lower Levels

Updated Finishes

THE ESSENTIALS

104 active listings

40 pending listings

31 recent closings

$980,000 average listing price

$890,000 average selling price

$196 average price per square foot

4 Beds 4 Baths 3,581 Square Feet $925K Listing Price $900K Selling Price Sold in 5 Days 14119 NORTHMILL COURT 5 Beds 6 Baths 4,971 Square Feet $1.7M Listing Price $1.5M Selling Price Sold in 166 Days 17975 BONHOMME RIDGE COURT 4 Beds 5 Baths 4,560 Square Feet $950K Listing Price $1M Selling Price Sold in 1 Day 2143 BROOK HILL COURT

(CONTINUATION)

1327 COUNTRYSIDE MANOR PLACE

4 Beds

6 Baths

3,847 Square Feet

$1 2M Listing Price

$1 5M Selling Price

Sold in 1 Day

16648 KEHRSGROVE DRIVE

4 Beds

5 Baths

4,350 Square Feet

$1.1M Listing Price

$1.050M Selling Price

Sold in 11 Days

191 HERWORTH DRIVE

5 Beds

4 Baths

3,503 Square Feet

$1 1M Listing Price

$1 225M Selling Price

Sold in 2 Days

TRENDING

BUYER PREFERENCES

Top-of-the-line Kitchens

Outdoor Kitchens and Living Rooms

Amazing Schools

Estate-sized yards

THE ESSENTIALS

45 active listings

19 pending listings

5 recent closings

$1,899,900 average listing price

$1,565,000 average selling price

$340 average price per square foot

Today, Frontenac has 3,482 residents, approximately 1,300 homes and comprises 1,944 acres (2.8 square miles) with an excellent housing stock and easy accessibility to major thoroughfares. Frontenac remains an extremely desirable community in which to live. We hope you find yourself at home in the City of Frontenac
2 Beds 3 Baths
6
CORDATA DRIVE
2,103 Square Feet $995K Listing Price $965K Selling Price Sold in
Days 1327
6 Beds 7 Baths 5,022 Square Feet $1.295M Listing Price
in 34 Days
CLAYTON TERRACE
$1M Selling Price Sold
11
7 Beds 9 Baths
Price
Price
in 93 Days
PORTLAND DRIVE
6,812 Square Feet $1.850M Listing
$1 750M Selling
Sold
34

The Downtown Kirkwood Business District is on the National Register of Historic Places and is home to many restaurants and shops as well as the Kirkwood Farmers’ Market. More than 300 acres of park land can be found throughout the community, from a large central park that includes an aquatic center, ice rink, outdoor amphitheater, ball fields, tennis courts, picnic sites, and playground areas, to smaller neighborhood parks. The City of Kirkwood is served by the Kirkwood School District. Chartered in 1865, it is the oldest school district in St. Louis County and one of the oldest west of the Mississippi River.

THE ESSENTIALS

TRENDING BUYER PREFERENCES

Infill Homes and Walkability

Custom Finishes

Pools and Outdoor Spaces

Multiple Formal and Informal Dining Options

87 active listings

30 pending listings

24 recent closings

$1,175,000 average listing price

$900,000 average selling price

$276 average price per square foot

747 NORTH TAYLOR AVENUE 4 Beds 5 Baths 3,000 Square Feet $900K Listing Price $895K Selling Price Sold in 12 Days 915 SIMMONS AVENUE 4 Beds 4 Baths 3,013 Square Feet $895K Listing Price $915K Selling Price Sold in 6 Days 1207 DUBOIS COURT 4 Beds 3 Baths 2,100 Square Feet $775K Listing Price $775K Selling Price Sold in 1 Day
202 ALTUS PLACE 5 Beds 4 Baths 2,918 Square Feet $750K Listing Price $840K Selling Price Sold in 2 Days 6 NEFFWOLD COURT 3 Beds 3 Baths 2,027 Square Feet $695K Listing Price $775K Selling Price Sold in 5 Days 426 WAY AVENUE 4 Beds 4 Baths 3,168 Square Feet $1.045M Listing Price $1.040M Selling Price Sold in 127 Days (CONTINUATION)

The Ladue, Missouri, area continues today to honor its heritage as the choice location for a country estate experience, complete with country clubs and horse riding trails. Much of the land has been subdivided over the years into smaller lanes that offer a variety of styles and price points. Although traditional architecture is more prominent, the Ladue area is also home to a variety of customized contemporary homes, particularly from the middle of the last century and including such name-brand architects as Bernoudy, Armstrong, Fournier, Shank, and Obata. The area offers a wide price range of homes from $400,000 to $15M.

THE ESSENTIALS

TRENDING BUYER PREFERENCES

Spa-like Bathrooms

Gorgeous Dining Spaces

Top-rated Schools

Updated interiors

Pools and Outdoor Spaces

110 active listings

47 pending listings

36 recent closings

$1,175,000 average listing price

$1,020,000 average selling price

$281 average price per square foot

3 Beds 3 Baths 2,347 Square Feet $670K Listing Price $725K Selling Price Sold in 39 Days 8409 COLONIAL LANE 4 Beds 4 Baths 3,038 Square Feet $795K Listing Price $811K Selling Price Sold in 4 Days 9882 NORTHBRIDGE ROAD 4 Beds 4 Baths 3,769 Square Feet $900K Listing Price $1 075M Selling Price Sold in 21 Days 28 MARYHILL DRIVE
4 Beds 6 Baths 3,439 Square Feet $995K Listing Price $1.274M Selling Price Sold in 3 Days 10 BLACK CREEK LANE 5 Beds 6 Baths 3,942 Square Feet $925K Listing Price $925K Selling Price Sold in 4 Days 12 WAKEFIELD DRIVE 5 Beds 6 Baths 4,027 Square Feet $1 850M Listing Price $1 747M Selling Price Sold in 294 Days 14 LADUE RIDGE
(CONTINUATION)

ST. CHARLES

Organized October 1, 1812, St Charles is the third most populous county in the state of Missouri The wealthiest county in Missouri, St Charles County is one of the nation's fastest-growing counties

St Charles County includes a part of the Augusta AVA, an area of vineyards and wineries designated by the federal government in 1980 as the first American Viticultural Area The county's rural outer edge along the south-facing bluffs above the Missouri River, is also part of the broader Missouri Rhineland

TRENDING BUYER PREFERENCES

Luxury Bathrooms

Pools and Outdoor Living Spaces

Deep-pour Finished Lower Levels

Updated Finishes

THE ESSENTIALS

76 active listings

28 pending listings

19 recent closings

$867,000 average listing price

$812,500 average selling price

$225 average price per square foot

5 Beds 6 Baths 4,655 Square Feet $1 550M Listing Price $1 572M Selling Price Sold in 1 Day 32 WINDCASTLE DRIVE 3 Beds 3 Baths 2,874 Square Feet $725K Listing Price $740K Selling Price Sold in 1 Day 4580 AUSTIN KNOLL COURT 4 Beds 3 Baths 1,927 Square Feet $831K Listing Price $832K Selling Price Sold in 1 Day 101 PALAIS COURT
ST. CHARLES

$700K

$700K

4 Beds 3 Baths
2,963 Square Feet
Price
$725K Listing
Selling Price
in 14 Days 405 MORAINE COURT
Beds
Baths
Sold
4
4
2,620 Square Feet
Price
$705K Listing
Price
in 91 Days
SANDFORTFARM DRIVE
Selling
Sold
1074
3 Beds 2 Baths
2,240 Square Feet
Price
$705K Listing
Price
in 1 Day
BENEFICIAL WAY
$705K Selling
Sold
516
(CONTINUATION)

Town & Country is a safe, welcoming, comfortable area that accommodates residents of all ages. Friends and family can dine, shop, and socialize through the day and evening. It is full of character, personality, culture, and history. Town & Country fosters a sense of community and preserves the beauty of the city's systems of parks. Discover all the fun and exciting options available to you and your family from walking paths to playgrounds. There are a variety of city events offered throughout the year such as recreational, educational classes and even art galleries.

THE ESSENTIALS

TRENDING BUYER PREFERENCES

Convenient Highway Access Updated Kitchens and Baths Infill Homes on Estate-sized Lots Walkable to parks and trails

106 active listings

37 pending listings

28 recent closings

$1,095,000 average listing price

$913,000 average selling price

$213 average price per square foot

6 Beds 5 Baths 6,113 Square Feet $1.4M Listing Price $1.3M Selling Price Sold in 105 Days 435 SOUTH MASON ROAD 5 Beds 6 Baths 3,986 Square Feet $819K Listing Price $1 050M Selling Price Sold in 5 Days 14044 MONTRACHET LANE 4 Beds 5 Baths 3,849 Square Feet $889K Listing Price $835K Selling Price Sold in 211 Days 1700 STIFEL LANE DRIVE

The City of Webster Groves is a predominantly residential community located in southeastern St. Louis County. The City of Webster Groves has received a great deal of attention for its suitability as a place to live, work and raise a family, as well as recent acclaim as a culinary destination. Webster Groves was named as Missouri’s 2013 Creative Community by the Missouri Arts Council. The City is known for its long-standing foundation in the arts, with cultural anchors such as The Repertory Theatre of St. Louis, Opera Theatre of St. Louis, The Community Music School and Webster University.

THE ESSENTIALS

TRENDING BUYER PREFERENCES

Remodeled Kitchens and Baths Walkability to Downtown Infill Homes

15 active listings

8 pending listings

8 recent closings

$895,000 average listing price

$840,000 average selling price

$262 average price per square foot

3 Beds 3 Baths 2,646 Square Feet $845K Listing Price $855K Selling Price Sold in 26 Days 326 BRISTOL ROAD 3 Beds 3 Baths 2,060 Square Feet $600K Listing Price
Selling Price Sold in 1 Day 149 SOUTH MAPLE AVENUE
Beds 5 Baths
Square Feet
050M Listing Price $1.020M Selling Price Sold in 5 Days 128 SOUTH ELM AVENUE
$725K
4
3,647
$1

Not only do we know every detail about your neighborhood and market, we're active within the community and students of our surroundings.

For top-rated schools and child care, grocery delivery or farmer's markets, home furnishings, philanthropy opportunities, outdoor activities, or who to call to do it all, we have the answers

From our network of on-the-ground agents to clients-turnedsocial collaborators, you can find us frequenting the area's staple establishments as well as sampling the latest cultural attractions.

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