Home Selling in Florissant>Question Details

MAM, Other/Just Looking in 63031

What is the real estate market like in Florissant, Mo, specifically the Pleasant Hollow subdivision area?

Asked by MAM, 63031 Wed Jul 9, 2008

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I would not buy a house in Florissant unless you want to make a very bad investment.
0 votes Thank Flag Link Thu Oct 10, 2013
110 on the market in the past year, 35 sold 3 pending, so essentially 3 sell every month, 23 are on the market now, so you have an 8 month supply on hand. days on market range from 0 for a 2 bedroom that sold for $69,900 to 342 for a 4 bedroom with 3 baths that sold for $184,900 (list price). 39 have expired, 2 have been withdrawn, and 7 have been cancelled. One is temp off the market.

average list price of the 3 pending is 91,800, average of the solds is 114, 185. sales price to list price ratio is 99.98 (keep in mind that is final list price to sales price, not original list price)

if you email me directly with more specifics - ie bedrooms, baths, garage, basement, etc, I can do more specific info for you.

there are 23
Web Reference: http://www.yourstlhome.com
0 votes Thank Flag Link Wed Jul 9, 2008
The market in Pleasant Hollow is sluggish. Since the beginning of the year, houses that are listed are more likely to fail to sell (expire) than to sell. There currently is more than 6 months of inventory on the market, meaning that if properties continue to sell at a rate of 3 per month, it will take more than 6 months for the market to be sold out of the current inventory.
Ranch homes are selling for an average of $111,227 with an average of 120 days on the market (for those that sell. Days on market is much longer if you factor in all the homes that are still currently for sale and those that tried to sell but failed.)
Split foyer homes in the past 6 months have sold for an average sales price of $107,500, with an average of 168 days on the market.
If you are looking to purchase, this is all good news. You will have 23 homes to choose from in Pleasant Hollow. If you are not currently working with an agent, I would be glad to get more information for you.
Good luck.
0 votes Thank Flag Link Wed Jul 9, 2008
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