St. Charles County Real Estate Market Report First Half 2017

Like any market, the real estate market has peaks and valleys. Understanding the current real estate market trends will make you a better-informed homebuyer, seller or investor.  Here are the St. Charles County, Missouri real estate market statistics that you need to know from the first half of 2017.

Number of Homes for Sale

As this chart shows, the most number of active real estate listings occurs in late spring and early summer. In 2017, the number of homes listed for sale in January was 1050, while currently there are about 1485 homes listed for sale in the St. Charles County area of Missouri. But when you compare the number of homes for sale in the first half of the year to the two previous years, you can see that 2017 has fewer homes on the market. These conditions point to a sellers market, where there are a similar number of homebuyers looking for homes and a smaller number of homes listed for sale.

Average Sales Price

Due to a similar number of homebuyers and fewer home sellers, the average sales price of a residential property in St. Charles County, Missouri has increased. So far, every month of 2017 has seen increases in residential real estate sale prices compared to the previous two years. If you’ve been thinking about listing a residential property for sale, now is a great time.

[See: How to Survive a Competitive Sellers Market]

Percentage of Original Price Received for a Residential Property

While sellers like to get the most money they can for their property, buyers want to pay the least they can for a home. Through the negotiation process the price received for residential real estate is often a little less than the original price for which the property was listed. The first half of 2017 shows that with more competition for residential properties, sellers are netting more money for their homes.

Days On Market

Another indicator of a sellers market is a decreasing number of days a home listed for sale is on the market.  The first half of 2017 is currently outpacing the first half of the previous two years with shortest number of days on market. In these conditions there is often more than one buyer looking at and bidding on each home. Homebuyers are sometimes learning this the hard way, when they try to see a home for sale and find out that it already has an accepted contract. 

Homebuyers should be prepared when looking at homes to act quickly when they find a home they like and prepare for possible bidding wars with other buyers. Working with a great buyers agent, like the buyers agents on The Boehmer Team, will increase a homebuyer’s chances of finding a great property for sale before it is sold.

Contact The Boehmer Team for expert home buying or investing assistance. We know the St. Charles County, Missouri real estate market and have information on homes that are not yet listed for sale. Or if you are ready to get the most from a residential home sale in the current market, contact us to help with a smooth home selling experience. 

How to Research St. Louis Area Schools

Buying a home in the St. Louis or St. Charles County area of Missouri is a little more complicated when you have school-aged children. Not only do parents want great schools to provide their children the best education, they want to live in great school districts that tend to have higher home values. So how does one go about researching school districts in Missouri to find the best neighborhood in the St. Louis or St. Charles County area for their family?

1. For Missouri public schools information, go to the source.

A great resource for learning about Missouri area public schools is the Missouri Department of Elementary andSecondary Education. They have a comprehensive website filled with information on districts, assessment tests, accrediting, special education and more.  Use the website to learn about area public schools, view school district boundaries and more

2. See which public schools scored best on Missouri standardized tests.

Originally developed in response to Missouri’s Outstanding Schools Act of 1993, the Missouri Assessment Program (MAP) encompasses several statewide assessments that meet state and federal statutory requirements. MAP Grade-Level Assessments are administered to students in grades 3 through 8 to determine their progress toward the Show-Me Standards/Missouri Learning Standards. The MAP tests give an objective way to see how well students are performing in the four subjects of English and language arts, mathematics, science and social studies.

A great online resource to see school how public schools rank is schooldigger.com. There you can find information on number of students, to teacher ratios, average standard score and more. They have compiled data for elementary schools, middle schools, high schools and school districts for comparison.

3. Learn about the highest performing private schools.

To find which private schools perform the best for their students there are several great resources to review. Niche.com focuses on area neighborhoods and schools. Their site includes lists of the best private schools in the St. Louis and St. Charles County areas. 

Another great website is privateschoolreview.com. This site lets you narrow down your private school choices and compare them to each other on numerous factors including learning programs, student to teacher ratio, dress code, sports offered and more.  Also this site features actual reviews from students and parents about their experiences with the schools. 

[Click to Learn About St. Louis Area Neighborhoods]

4. Visit the school.

After you’ve narrowed your school search, visit your top choices in person to see the facilities and meet the staff. Be sure to contact the school to schedule the tour prior to visiting. Every school and district has different policies and schedules so it’s best to call first.  A visit to the school will allow you to evaluate in person to see if it fits the learning environment you are looking for. 

5. Use the School Search on TheBoehmerTeam.com

Once you’ve learned which school and/or school district is best for your family, you can use this information to search for your next home. Go to TheBoehmerTeam.com and click the School Search button. When the search window appears you can type in any school or school district name to find homes within the boundaries the school services.

If you have further questions about schools or school districts relating to real estate in the St. Louis or St. Charles County area of Missouri, contact The Boehmer Team or visit our SchoolsPage. Our team members know the area and most team members have children that have been through the area schools. Is moving on your mind? Put our inside knowledge to work for you. 

10 Curb Appeal Tips

Whether putting your home on the real estate market or throwing a party, there are several things you can do to make sure your home’s exterior looks great. After all, your home’s first impression happens on the outside. Most homeowners do a great job of cleaning and decorating the areas people see most – inside the home. But often folks forget the importance of the appeal of the outside of the home. So here are some great tips for making your home look great from the outside in.

1. Maintain the lawn & landscaping

It sounds pretty basic but taking the time to mow, weed and trim makes a difference. Going the extra mile with an edger around the base of trees, next to walkways, and near landscaping really shows. Look at your landscaping closely, pull any weeds and trim overgrown bushes. Also, prune any dead limbs on trees or landscaping.

2. Remove any trash or yard clippings

After completing the lawn and landscaping work, get rid of the excess debris. A pile of grass clippings on top of your lawn isn’t appealing. Rake it up or use a bag mower when mowing. Make sure any of the weeds pulled or edging debris is removed. A leaf blower or strong hose is a good way to get rid of any small pieces left behind on concrete driveways, walkways or patios.

3. Replace any exterior lighting that has burned out

Look at your yard just after the sunset. Is there any landscaping lighting that needs to be adjusted? What about security lighting or porch lights? Replacing these bulbs is a quick task that makes a difference. Buyers like to turn on light switches and notice when easily replaced bulbs are missing.  

4. Touch up any paint that is chipping

While we don’t recommend spending the money to have your entire house repainted for a home sale, making sure that any noticeable wear and tear on the current paint job is touched up makes a big difference. Also look at wood or iron railings, stair spindles, porch pillars and window frames for places to touch up the paint.

5. Check the roof and gutters

When was the last time you checked your roof? Be sure any shingles that may have popped up are hammered down. Clear the gutters of any debris. Finally, make sure the downspouts are connected and routed away from your home properly. With the rise of drone photography, photos of homes for sale may now include an image from above your home that will feature your roof. Make sure it is looking good.

6. Attend to any cracked concrete

Small cracks that are less than a quarter inch wide are relatively easy to repair yourself with premixed concrete crack filler that comes in tubes similar to caulk. Fixing larger cracks is also a possible DIY job, or you can hire a concrete repair company to do it for you.

7. Fix the fencing

If you have fencing now is the time to check it. Look for any broken or missing planks then repair or replace them. Touch up any chipped or missing paint. Make sure fencing door latches are working properly.

8. Maintain the mailbox

The mailbox is often the closest thing to the street that people see when they pull up to your property. Check to make sure the mailbox isn’t leaning and fix if it is. Also be sure that the mailbox is clean and touch up the paint if needed. If the mailbox is attached to the front of your home, make sure it is secure and clean.

Which of these mailboxes is more appealing?

9. Brighten the front door

Is the front door dirty and dingy? Entry doors take a lot of abuse on daily basis. It may just need a good scrubbing. If paint chipped or missing, touch up or repaint the door. If you’re feeling decorative, add a wreath or welcome sign to add some personality to the front door to make it more inviting.

10. Clean the windows

The exterior side of windows can easily get a buildup of dust and water spots. Consider giving the windows a good scrub. This will not only make them sparkle from the outside, it will let more light in on the inside. Check out a great video and products to make your exterior window washing easier here.

Don’t let this list overwhelm you. Most of these items can be done in a weekend. If you have help, you might even be able to complete it all in one day. Don’t have the time or help? Contact TheBoehmer Team for recommendations on local professionals that can do the job for you. Or if you are thinking of listing your home for sale contact The BoehmerTeam to find out how we help sellers make the most of their home sale.

Meet a Famous Actor and Help Kids With Cancer

Have you ever wanted to have fun and meet a famous actor all while helping charity? Now is your chance! Get your tickets for Berkshire Hathaway HomeServices Select Properties Sunshine Kids Golf Tournament and meet Major Crimes actor, G.W. Bailey. But first, let us tell you about the amazing organization you will be helping.

Sunshine Kids

The Sunshine Kids foundation was created in 1982 to provide a variety of programs, events and positive group activities to support young cancer patients at no charge to them. They help in hospitals across America and right here in the St. Louis area. You can learn more about this great organization by visiting their website www.sunshinekids.org.

16^th Annual BHHS Select Properties Sunshine Kids Golf Tournament

On Wednesday, June 7^th, 2017, Berkshire Hathaway HomeServices Select Properties will host their 16^th annual Sunshine Kids golf tournament. At the tournament you will have the opportunity to meet actor G.W. Bailey who will be in attendance. In addition to a long career in acting, Bailey has served as Executive Director for the Sunshine Kids Foundation since 2001. He got involved with Sunshine Kids after being introduced to the organization by his goddaughter, who was diagnosed with leukemia. To learn more about this event and to get tickets visit www.SelectGivesBack.com.

Sunshine Kids Day at the Ballpark

Are you more of a baseball person? We’ve got a fun Sunshine Kids event for you. Join us for the 2017 Sunshine Kids Day at the Ballpark. This year’s Sunshine Kids Day at the Ballpark takes place at Busch Stadium on Thursday, June 1, 2017 at 12:45pm. Join us in the Left Field Loge section to watch the Cardinals play the Dodgers. Be sure to get there early to see a local Sunshine Kids member throw out the first pitch. For details and tickets visit www.SelectGivesBack.com.

Select Properties, The Boehmer Team & Sunshine Kids

Since founding in 2002, Berkshire Hathaway HomeServices Select Properties (previously known as Prudential Select Properties) have been big supporters of the Sunshine Kids organization. In fact, they have been top ten Berkshire Hathaway HomeServices contributors nationwide for the past ten years and have raised over a million dollars for the cause.

The Boehmer Team gives a contribution to Sunshine Kids for each home they list.  In addition to giving back, this provides their home sellers with a special Sunshine Kids icon next to the listing on their website, their brokerage website and over 500 agent websites in the St. Louis area. The Boehmer Team stays involved supporting Sunshine Kids throughout the year through numerous fundraisers and events. They have been awarded as a top Sunshine Kids contributor at Berkshire Hathaway HomeServices Select Properties for the past eight years.  Join The Boehmer Team in supporting this great cause!

How to Survive A Competitive Sellers Market

St. Louis and St. Charles County area homebuyers: we hear you. It can be a challenge right now if you are looking to purchase the perfect home. Chances are you’ve found it - a few times - only to find out there is already a contract and backup contract on the home. So here is some great advice to help you survive the current competitive sellers market.

Start Early

As soon as you decide you are going to purchase a home get started with the process. How do you start?  By interviewing or contacting a qualified, full service Real Estate Agent that knows your desired area.  Select a full time, professional Realtor that has the resources and expertise to find the right home for you in this competitive market.  Ask your Realtor this question, “What resources would you use to best find me a home, possibly before it hits the market, and what strategies would you use to help me secure that home?”  Don’t be afraid to ask for a testimonial from a recent buyer client.

Get Pre-Qualified for a Home Loan

Your Realtor will have excellent Lenders that will help evaluate your buying position. Without knowing how much you can afford, you can’t confidently jump on the perfect home as soon as you find it. If you aren’t paying cash contact a reputable loan officer to help you determine how much you can afford and get you pre-qualified.   
It is important that you get pre-qualified for a home loan, as it is expected to be submitted with your offer to purchase. This process will qualify you for a home loan and help you determine the amount you can spend on a home. It also shows home sellers that you are serious about purchasing their home, which is expected in all home-buying situations.

Need help finding an experienced mortgage loan officer?
Contact The Boehmer Team for a list of recommendations.

Determine Your Must-Haves

What are the items that you cannot live without? Make a list of the things you must have in your next home. Keep in mind that the longer the list, the longer your home search could be in this current competitive market. If you still can’t find the perfect home, consider an almost perfect home that is under budget. This way you can make it into the perfect home with the money that you didn’t spend.

Search For Your Perfect Home

Now that you’ve figured out your finances, determined your must-haves and connected with an experienced real estate agent, you’re ready to begin searching for homes. Your real estate agent will be assisting you with this process by searching through their various contacts and systems. One suggestion, consult a real estate professional regarding the most accurate and updated resources for your home search. Many national home search websites, such as Zillow,  only update their listing data every few days. In a competitive market many of the homes that appear on those search results will already have a contract on them by the time you find them. Instead, try www.TheBoehmerTeam.com. Our website gets multiple listing data updates hourly and has more accurate local information.

The Boehmer Team Can Help

Are you thinking of purchasing a home in the St. Louis or St. Charles County area of Missouri? The Boehmer Team can help. We have over 55+ years of combined experience in real estate. We’ve seen buyers markets and sellers markets and made the best of both. Contact us if you have any questions about real estate or help buying or selling a property.  In addition, we have extensive experience representing buyers purchasing new home construction and consider ourselves experts in the field of new home construction.