Tyler Olsen- Lafayette Square - Feb 2018

Tyler Olsen

4700 Hampton Avenue St. Louis, MO 63109 Each Office Independently Owned and Operated

REALTOR®

314-616-8100

Lafayette Square

TOlsen@tylershomes.com www.TylersHomes.com www.HomesInLafayetteSquare.com

Real Estate Market Report | February 2018 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2018

See all recent sales at www.HomesInLafayetteSquare.com

HOME SALE PRICES WERE UP AN AVERAGE OF

$36,466 FOR 2017!

Lafayette Square 2017 Year-End Review

$

Average Sold Price

2017 AVERAGE: $350,409

2017 AVERAGE: $150

Low: $100,500 • High: $975,000

Low: $86 • High: $285

2016 AVERAGE: $313,943 Low: $117,500 • High: $864,959

Average Price per Square Foot

2016 AVERAGE: $153 Low: $87 • High: $270

2017

Number of Homes Sold

Average Days on Market

Avg. Sold Price/ List Price Ratio

Months of Available Inventory

77

46

98%

3

14 MORE HOMES SOLD THAN 2016

LOW: 0 / HIGH: 372 15 DAYS FASTER THAN 2016

LOW: 86% / HIGH: 121% STAYED THE SAME VS. 2016

HOMES LISTED IN 2017: 84 HOMES STILL AVAILABLE: 19

Future Friends and Neighbors, Lafayette Square saw beneficial changes in its housing market in 2017. If you have considered selling, now is the time to get a great return on your investment! Call me today at 314-616-8100 to find out how I will help you maximize your home’s selling potential!

Reflects data from the MARIS MLS from January 1st through December 31st, 2016 and 2017 for homes valued at $100K and above. Deemed accurate but not guaranteed.

Presented by

Tyler

O L S E N

N

r a e Y w e

Prepared Especially for Future Friends and Neighbors

Do We List at the start of 2018 or Hold Off Until Spring?

Tyler Olsen REALTOR®

RE/MAX Results

Top 1% Selling Agent Nationally and Locally

314-616-8100 TOlsen@tylershomes.com www.TylersHomes.com www.HomesInLafayetteSquare.com

Specializing in the Historic Neighborhood for over 25 Years

Tastefully Upgraded Townhome Facing Lafayette Park

Real estate sales during the winter season have seen an upswing in recent years. Research indicates this trend is due to holiday gatherings offering families the opportunity to discuss future needs without the interference of hectic work and daily schedules.

Worried about Missing the Spring Market?

No one can predict the future, though if you wait until everyone else lists their home in the spring, your home may not see the exposure you are expecting, especially if there is lower demand!

WINTER INVENTORY IS LOW!

The Advantage of Listing in Early 2018

Ensure your home receives the most exposure to serious buyers. List today and take advantage of the seller’s market, which can lead to a quicker sale and higher price. Call me today to get started!

Many buyers are out looking for homes in the new year, whether they are re-energizing their search from last year or they made the decision to move during the holiday season. Several companies also relocate their employees around the start of the year, creating an additional demand for homes.

Lafayette Square

Re a l Esta te Ma rke t R e p o rt F or homes valued at $100K and above.

Future Friends and Neighbors, NEW YEAR, NEW HOME VALUES! Call me today at 314-606-8100 or visit www.HomesInLafayetteSquare.com for a free evaluation of your homes new value.

Lafay ette Squar e H om es R ec entl y Li s ted (19 Total Homes Active)

JUST LISTED BY TYLER OLSEN!

Bedrooms

Bathrooms

Estimated Square Feet

List Price

List Date

1303 Missouri Avenue #C

2

1

931

$129,000

01/14/18

Active

1716 Waverly Place #F

2

1

1,303

$150,000

11/17/17

Active

1716 Waverly Place #B

2

1

1,303

$162,500

01/03/18

Active

2347 Park Avenue #A

3

3

1,608

$249,000

01/02/18

Active

2024 Hickory Street

2

1

N/A

$259,900

01/12/18

Active

1618 Mississippi Avenue

2

2

2,300

$439,000

01/17/18

Active

1808 Kennett Place

4

4

3,092

$499,000

11/17/17

Status

Address

Active

Call me today for more information or to schedule a private tour!

1618 Mississippi Avenue | 2 Beds, 2.2 Baths | 2,300 Square Feet | Offered at $439,000

There Are 9 Homes Currently Pending in Lafayette Square For more information on any of these properties, call me today at 314-616-8100.

Lafay ette Squar e H om es Sol d i n the Pas t 60 D ay s Status

AVAILABLE!

1220 MacKay Place | Offered at $298,500 3 Beds, 2.1 Baths | 1,863 Est. Square Feet

UNDER CONTRACT!

2350 Rutger Street | Offered at $225,000 2 Beds, 2.1 Baths | 1,820 Est. Square Feet

Future Friends and Neighbors, My marketing has achieved exceptional results in your community. If you are thinking of selling, contact me today at 314-616-8100 to have your home featured in my monthly publication.

Address

Bedrooms

Bathrooms

Estimated Square Feet

Sold Price

Sold Date

SP/LP%

DOM

Sold

1422 Mississippi Avenue

4

2

2,483

$490,000

01/14/18

98%

20

Sold

2056 Lafayette Avenue #1E

1

1

1,359

$148,500

12/22/17

86%

36

Sold

2343 Park Avenue

3

2

1,950

$240,000

12/19/17

96%

372

Sold

1825 Lafayette Avenue

3

2

2,772

$370,500

12/18/17

99%

55

Sold

2013 Park Avenue

3

3

2,800

$725,000

12/15/17

91%

36

Sold

1228 South 18th

2

1

2,164

$265,000

12/14/17

96%

16

Sold

2050 Lafayette Avenue #3E

1

1

1,231

$158,000

12/01/17

99%

108

Sold

1911 Hickory Street

3

2

2,828

$490,000

12/01/17

93%

89

Sold

1215 Missouri Avenue

3

1

2,091

$279,900

11/20/17

104%

8

Tyler Olsen and RE/MAX Results are not in any way affiliated with Lafayette Square Owners Association, nor is this in any way an official advertisement or publication of Lafayette Square. © 2018 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to MARIS MLS as of January 17th, 2018. Listings and sales may not be those of RE/MAX Results. The MARIS MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale, nor intended to cause a breach of an existing agency relationship.