Home Values - Lindenwood Houses
Average and Median Home Price of Lindenwood Houses Sold
When trying to understand Lindenwood neighborhood values for houses the first and most often real estate trend looked at is either average or median house sales price. The average price can be pushed up by a particularly expensive house being sold. Much less often an especially low price for one or more houses can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices
Quarterly Average Price of Atherton & Lindenwood Houses Sold
Price Per Square Foot for Lindenwood Houses Sold
The sales price of a Lindenwood house is affected by its size. Looking at price per square foot gives a partial adjustment for differences between houses. Furthermore if you look at the average size of a Lindenwood house sold you will see that it varies with time. Part of the variation is due to the random nature of which houses are being sold but the trend is for an increase in size with time because when a house is replaced with a newer house, the newer house is almost always larger.
Yearly Average Price Per Square Foot for Atherton & Lindenwood Houses Sold
Sales Price vs. List Price for Lindenwood Houses Sold
Home buyers and sellers want to know the typical relationship between list price and sales price. This relationship varies with city and time. The plots below show trends for this relationship using color coding which generally highlights changes in the market. More Lindenwood homes being sold over list price is a very good indicator of rising home prices. More homes being sold under list price is a very good indicator of falling home prices.
Quarterly Average Sales Price & List Price for Lindenwood Houses Sold
Number of Lindenwood Houses Sold
A quick estimate of how active the Lindenwood real estate market is, can be found by looking at the number of houses sold. Locally there is a strong seasonal change in the number of houses sold. The lowest number of houses sold typically occurs around December & January. The highest number of houses sold typically occurs around May. Price changes do not track the seasonal change in the number of houses sold.