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Keller Williams Luxury Saint Louis Central Corridor Update for July 2021

Check out recent statistics and sales for Clayton, Ladue, Frontenac, Town and Country, Chesterfield, Kirkwood and Webster Groves.

Check out recent statistics and sales for Clayton, Ladue, Frontenac, Town and Country, Chesterfield, Kirkwood and Webster Groves.

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THE HOUSE OF EXCELLENCE<br />

THE CENTRAL CORRIDOR UPDATE<br />

JULY <strong>2021</strong>


CREATING<br />

VALUE<br />

IN THE<br />

MARKET<br />

Many aspects of your home will be universally attractive to<br />

buyers, but when price enters the conversation differing<br />

opinions can emerge.<br />

Pricing your listing to be competitive while optimizing the<br />

return on your initial investment – all with respect to the<br />

apparent and perceived value of the property – will be of<br />

paramount concern. We’ll assign a price after analyzing the<br />

market as well as assessing the unique qualities of your<br />

property.<br />

LUXURY MARKET TRENDS*<br />

508 active listings<br />

148 pending listings<br />

167 recent closings<br />

$989,000 average listing price<br />

$900,000 average selling price<br />

$288 average price per square foot<br />

*<strong>Central</strong> <strong>Corridor</strong> <strong>Luxury</strong> statistics: Properties above $700,000 in St. <strong>Louis</strong> <strong>Central</strong>-West, University City, Clayton, Ladue, Parkway West, Parkway South, Parkway<br />

North, Kirkwood, Webster Groves, Brentwood, Richmond Heights/Maplewood, Marquette, and Lafayette


NOTABLE<br />

MARKET ACTIVITY<br />

CLAYTON<br />

Immediately west of the City of <strong>Saint</strong> <strong>Louis</strong>, the City of Clayton, Missouri combines a lively downtown with thriving residential neighborhoods.<br />

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<br />

use, the city’s <strong>Central</strong> Business District is home to some of the area’s priciest office space. Although the residential population is a modest<br />

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<br />

chains and to many boutique-style local merchants.<br />

THE ESSENTIALS<br />

73 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Top-grade kitchen<br />

• Walkability<br />

• Entertainment options nearby<br />

• <strong>Update</strong>d interiors<br />

• Indoor/Outdoor living spaces<br />

18 pending listings<br />

16 recent closings<br />

$1.069M average price per sale<br />

$337 average price per square foot


RECENT ACTIVITY IN<br />

CLAYTON<br />

48 CLAVERACH DRIVE<br />

3 Beds<br />

2.5 Baths<br />

2,345 Square Feet<br />

$724k Listing Price<br />

$730k Selling Price<br />

Sold in 4 Days<br />

8035 SEMINOLE<br />

5 Beds<br />

3.5 Baths<br />

2,928 Square Feet<br />

$730k Listing Price<br />

$730k Selling Price<br />

Sold in 27 Days<br />

21 ABERDEEN PLACE<br />

5 Beds<br />

2.5 Baths<br />

3,702 Square Feet<br />

$750kk Listing Price<br />

$790k Selling Price<br />

Sold in 1 Day


RECENT ACTIVITY IN<br />

CLAYTON<br />

(continued)<br />

8032 ORLANDO DRIVE<br />

3 Beds<br />

4 Baths<br />

2,447 Square Feet<br />

$799k Listing Price<br />

$805k Selling Price<br />

Sold in 12 Days<br />

201 NORTH BRENTWOOD BOULEVARD<br />

3 Beds<br />

2.5 Baths<br />

1,756 Square Feet<br />

$799k Listing Price<br />

$825k Selling Price<br />

Sold in 5 Days<br />

7728 COUNTRY CLUB<br />

3 Beds<br />

4 Baths<br />

2,320 Square Feet<br />

$920k Listing Price<br />

$889k Selling Price<br />

Sold in 53 Days


NOTABLE<br />

MARKET ACTIVITY<br />

LADUE<br />

The Ladue, Missouri, area continues today to honor its heritage as the choice location <strong>for</strong> a country estate experience, complete with country<br />

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<br />

points. Although traditional architecture is more prominent, the Ladue area is also home to a variety of customized contemporary homes,<br />

particularly from the middle of the last century and including such name-brand architects as Bernoudy, Armstrong, Fournier, Shank, and Obata.<br />

The area offers a wide price range of homes from $400,000 to $15M.<br />

THE ESSENTIALS<br />

94 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Spa-like Bathrooms<br />

• Gorgeous Dining Spaces<br />

• Top-rated Schools<br />

• <strong>Update</strong>d interiors<br />

• Pools and Outdoor Spaces<br />

32 pending listings<br />

38 Recent closings<br />

$1,307,500 average price per sale<br />

$341 average price per square foot


RECENT ACTIVITY IN<br />

LADUE<br />

9824 WILD DEER ROAD<br />

3 Beds<br />

2.5 Baths<br />

2,479 Square Feet<br />

$699k Listing Price<br />

$720k Selling Price<br />

Sold in 6 Days<br />

740 HIGH HAMPTON<br />

4 Beds<br />

4.5 Baths<br />

5,360 Square Feet<br />

$799k Listing Price<br />

$800k Selling Price<br />

Sold in 5 Days<br />

22 RIO VISTA DRIVE<br />

5 Beds<br />

5 Baths<br />

2,942 Square Feet<br />

$889k Listing Price<br />

$845k Selling Price<br />

Sold in 5 Days


RECENT ACTIVITY IN<br />

LADUE<br />

(continued)<br />

6 WENDOVER<br />

4 Beds<br />

6 Baths<br />

3,572 Square Feet<br />

$879k Listing Price<br />

$989k Selling Price<br />

Sold in 3 Days<br />

3 SUNNYMEADE LANe<br />

4 Beds<br />

3 Baths<br />

2,275 Square Feet<br />

$669k Listing Price<br />

$700k Selling Price<br />

Sold in 5 Days<br />

933 LAY ROAD<br />

5 Beds<br />

4.5 Baths<br />

6,004 Square Feet<br />

$1.299M Listing Price<br />

$1.550M Selling Price<br />

Sold in 2 Days


NOTABLE<br />

MARKET ACTIVITY<br />

FRONTENAC<br />

Today, Frontenac has 3,482 residents, approximately 1,300 homes and comprises 1,944 acres (2.8 square miles) with an excellent housing<br />

stock and easy accessibility to major thoroughfares. Frontenac remains an extremely desirable community in which to live. We hope you find<br />

yourself at home in the City of Frontenac<br />

THE ESSENTIALS<br />

14 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Top-of-the-line Kitchens<br />

• Outdoor Kitchens and Living Rooms<br />

• Amazing Schools<br />

• Estate-sized yards<br />

7 pending listings<br />

8 Recent closings<br />

$1.747M average price per sale<br />

$358 average price per square foot


RECENT ACTIVITY IN<br />

FRONTENAC<br />

1316 CORDATA DRIVE<br />

3 Beds<br />

3.5 Baths<br />

3,411 Square Feet<br />

$856k Listing Price<br />

$814k Selling Price<br />

Sold in 152 Day<br />

21 LYNNBROOK ROAD<br />

5 Beds<br />

6 Baths<br />

5,199 Square Feet<br />

$2.080M Listing Price<br />

$2M Selling Price<br />

Sold in 25 Days<br />

439 STEEPLECHASE LANE<br />

4 Beds<br />

3.5 Baths<br />

5,141 Square Feet<br />

$1.995M Listing Price<br />

$1.995M Selling Price<br />

Sold in 3 Days


NOTABLE<br />

MARKET ACTIVITY<br />

TOWN & COUNTRY<br />

Town & Country is a safe, welcoming, com<strong>for</strong>table area that accommodates residents of all ages. Friends and family can dine, shop, and<br />

socialize through the day and evening. It is full of character, personality, culture, and history. Town & Country fosters a sense of community and<br />

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<br />

to playgrounds. There are a variety of city events offered throughout the year such as recreational, educational classes and even art galleries.<br />

THE ESSENTIALS<br />

36 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Convenient Highway Access<br />

• <strong>Update</strong>d Kitchens and Baths<br />

• Infill Homes on Estate-sized Lots<br />

• Walkable to parks and trails<br />

6 pending listings<br />

4 Recent closings<br />

$1,799,900 average price per sale<br />

$272 average price per square foot


RECENT ACTIVITY IN<br />

TOWN & COUNTRY<br />

13811 WELLINGTON MANOR COURT<br />

4 Beds<br />

5 Baths<br />

3,851 Square Feet<br />

$1.149M Listing Price<br />

$1.1M Selling Price<br />

Sold in 8 Days<br />

470 KILLEARN LANE<br />

5 Beds<br />

7 Baths<br />

4,403 Square Feet<br />

$1.095M Listing Price<br />

$1.025M Selling Price<br />

Sold in 1 Day<br />

372 BABLER ROAD<br />

4 Beds<br />

4.5 Baths<br />

5,066 Square Feet<br />

$1.379M Listing Price<br />

$1.379M Selling Price<br />

Sold in 41 Days


RECENT ACTIVITY IN<br />

TOWN & COUNTRY<br />

(continued)<br />

1249 TAMMANY LANE<br />

4 Beds<br />

3.5 Baths<br />

43,257 Square Feet<br />

$775k Listing Price<br />

$830k Selling Price<br />

Sold in 18 Days<br />

330 UPPER CONWAY ESTATES COURT<br />

4 Beds<br />

6 Baths<br />

4,842 Square Feet<br />

$1.899M Listing Price<br />

$1.950M Selling Price<br />

Sold in 438 Days<br />

12984 FIDDLE CREEK<br />

5 Beds<br />

4 Baths<br />

3,409 Square Feet<br />

$819k Listing Price<br />

$815k Selling Price<br />

Sold in 33 Days


NOTABLE<br />

MARKET ACTIVITY<br />

CHESTERFIELD<br />

Incorporated in 1988 and covering approximately 32 square miles in suburban St. <strong>Louis</strong> County, the City of Chesterfield, Missouri is a thriving<br />

residential and business community. Chesterfield is located just 25 minutes west of downtown St. <strong>Louis</strong> along Interstate 64. It is a special place<br />

where gleaming mid-level office buildings, tree-lined neighborhoods, shopping centers and rustic horse farms have found a way to blend<br />

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<br />

a wonderful blend of attractive homes, excellent senior living facilities, top-rated school districts, houses of worship, unlimited shopping and<br />

dining destinations, along with historic and cultural attractions.<br />

THE ESSENTIALS<br />

75 active listings<br />

TRENDING BUYER PREFERENCES<br />

• <strong>Luxury</strong> Bathrooms<br />

• Pools and Outdoor LIving Spaces<br />

• Deep-pour Finished Lower Levels<br />

• <strong>Update</strong>d Finishes<br />

25 pending listings<br />

26 Recent closings<br />

$850,575 average price per sale<br />

$278 average price per square foot


RECENT ACTIVITY IN<br />

CHESTERFIELD<br />

14603 CHERMOORE DRIVE<br />

5 Beds<br />

3.5 Baths<br />

2,991 Square Feet<br />

$725k Listing Price<br />

$775k Selling Price<br />

Sold in 23 Days<br />

1270 FIENUP LAKE DRIVE<br />

4 Beds<br />

3.5 Baths<br />

3,329 Square Feet<br />

$850k Listing Price<br />

$825k Selling Price<br />

Sold in 37 Days<br />

16933 LAKE MEADOW UNIT #LOT 207<br />

5 Beds<br />

4.5 Baths<br />

3,900 Square Feet<br />

$1.079M Listing Price<br />

$1.447M Selling Price<br />

Sold in 1 Day


RECENT ACTIVITY IN<br />

CHESTERFIELD<br />

(continued)<br />

1204 WALNUT HILL FARM DRIVE<br />

5 Beds<br />

3.5 Baths<br />

3,464 Square Feet<br />

$1.050M Listing Price<br />

$1M Selling Price<br />

Sold in 76 Days<br />

35 ARROWHEAD ESTATES LANE<br />

5 Beds<br />

4.5 Baths<br />

3,072 Square Feet<br />

$975k Listing Price<br />

$1M Selling Price<br />

Sold in 7 Days<br />

16008 ASTON COURT<br />

5 Beds<br />

4.5 Baths<br />

3,599 Square Feet<br />

$845k Listing Price<br />

$860k Selling Price<br />

Sold in 1 Day


NOTABLE<br />

MARKET ACTIVITY<br />

WEBSTER GROVES<br />

The City of Webster Groves is a predominantly residential community located in southeastern St. <strong>Louis</strong> County. The City of Webster Groves has<br />

received a great deal of attention <strong>for</strong> its suitability as a place to live, work and raise a family, as well as recent acclaim as a culinary destination.<br />

Webster Groves was named as Missouri’s 2013 Creative Community by the Missouri Arts Council. The City is known <strong>for</strong> its long-standing<br />

foundation in the arts, with cultural anchors such as The Repertory Theatre of St. <strong>Louis</strong>, Opera Theatre of St. <strong>Louis</strong>, The Community Music<br />

School and Webster University.<br />

THE ESSENTIALS<br />

15 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Remodeled Kitchens and Baths<br />

• Walkability to Downtown<br />

• Infill Homes<br />

8 pending listings<br />

8 Recent closings<br />

$994,900 average price per sale<br />

$283 average price per square foot


RECENT ACTIVITY IN<br />

WEBSTER GROVES<br />

509 EDGAR ROAD<br />

4 Beds<br />

2.5 Baths<br />

3,628 Square Feet<br />

$775k Listing Price<br />

$795k Selling Price<br />

Sold in 5 Days<br />

318 SIMMONS AVENUE<br />

5 Beds<br />

4.5 Baths<br />

2,725 Square Feet<br />

$1.180M Listing Price<br />

$1.180M Selling Price<br />

Sold in 5 Days<br />

11 DENVER PLACE<br />

4 Beds<br />

2.5 Baths<br />

2,422 Square Feet<br />

$694k Listing Price<br />

$721k Selling Price<br />

Sold in 154 Days


NOTABLE<br />

MARKET ACTIVITY<br />

KIRKWOOD<br />

The Downtown Kirkwood Business District is on the National Register of Historic Places and is home to many restaurants and shops as well as<br />

the Kirkwood Farmers’ Market. More than 300 acres of park land can be found throughout the community, from a large central park that<br />

includes an aquatic center, ice rink, outdoor amphitheater, ball fields, tennis courts, picnic sites, and playground areas, to smaller<br />

neighborhood parks. The City of Kirkwood is served by the Kirkwood School District. Chartered in 1865, it is the oldest school district in St.<br />

<strong>Louis</strong> County and one of the oldest west of the Mississippi River.<br />

THE ESSENTIALS<br />

49 active listings<br />

TRENDING BUYER PREFERENCES<br />

• Infill Homes and Walkability<br />

• Custom Finishes<br />

• Pools and Outdoor Spaces<br />

• Multiple Formal and In<strong>for</strong>mal<br />

Dining Options<br />

17 pending listings<br />

22 Recent closings<br />

$849,000 average price per sale<br />

$295 average price per square foot


RECENT ACTIVITY IN<br />

KIRKWOOD<br />

910 SIMMONS AVENUE<br />

5 Beds<br />

4.5 Baths<br />

2,416 Square Feet<br />

$800k Listing Price<br />

$800k Selling Price<br />

Sold in 10 Days<br />

431 SOUTH HARRISON<br />

4 Beds<br />

6 Baths<br />

1,942 Square Feet<br />

$650k Listing Price<br />

$700k Selling Price<br />

Sold in 4 Days<br />

234 REEDWAY LANE<br />

5 Beds<br />

4.5 Baths<br />

2,541 Square Feet<br />

$750k Listing Price<br />

$818k Selling Price<br />

Sold in 8 Days


RECENT ACTIVITY IN<br />

KIRKWOOD<br />

(continued)<br />

237 WEST JEFFERSON AVENUE<br />

5 Beds<br />

3.5 Baths<br />

3,800 Square Feet<br />

$950k Listing Price<br />

$925k Selling Price<br />

Sold in 25 Days<br />

703 CLEVELAND AVENUE<br />

5 Beds<br />

3.5 Baths<br />

2,632 Square Feet<br />

$729k Listing Price<br />

$700k Selling Price<br />

Sold in 8 Days<br />

425 WEST ESSEX AVENUE<br />

4 Beds<br />

3.5 Baths<br />

2,566 Square Feet<br />

$775k Listing Price<br />

$790k Selling Price<br />

Sold in 14 Days


WE ARE AMBASSADORS THROUGHOUT<br />

THE CENTRAL CORRIDOR<br />

Not only do we know every detail about your neighborhood and<br />

market, we're active within the community and students of our<br />

surroundings.<br />

For top-rated schools and child care, grocery delivery or farmer's<br />

markets, home furnishings, philanthropy opportunities, outdoor<br />

activities, or who to call to do it all, we have the answers.<br />

From our network of on-the-ground agents to clients-turnedsocial<br />

collaborators, you can find us frequenting the area's<br />

staple establishments as well as sampling the latest cultural<br />

attractions.

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