January was another busy month in the world of downtown lofts. Of course, sometimes the business doesn't translate into closings right away. There was an intense busy spurt where it seemed as if there wasn't a supply of lofts on the market. Of our listings, one sold and two went under contract in January.
The Terra Cotta lofts seem to have the best sales this month. Four sales with an average days on Market of 48.5 days. That average was brought up by one listing that seemed a bit high on price and one that I had a hard time showing that had a respectable 59 days on market. The other two listings sold in 4 days and 21 days. NOT BAD!!!
Here's the St. Louis loft sales on the MLS for January:
507 N 13th Street #207 $120,000
1501 Locust #301 $165,000
1501 Locust #601 $170,500
1511 Locust #210 $190,425
1612 Lucas #305 $211,000
1501 Locust #1006 $254,900
1501 Locust #905 $264,900
View all the details here!