Saturday, June 03, 2006

St. Louis Lofts Sold in May

St. Louis Missouri LoftsLoft sales in May felt a bit slow. That may be in part because much of the activity was in pre-construction sales. As a realtor, I sometimes gauge my level of activity by trips to the title company. In pre-construcion, that is delayed by several months. In looking at the sales for this month, I also looked at pending sales for pre-construcion lofts. That list exceeded the actual closed sales by 1, and that's just MLS listed properties. There are certainly more in the buildings not listed on the MLS.

Here are the May loft sales:

1720 Choteau #402----------$170,600
1511 Locust #104-----------$179,900
1511 Locust #309-----------$208,825
1511 Locust #205-----------$241,300
1611 Locust #201-----------$272,500 (congrat's AB!)
703 N 13th #405-----------$287,000
1511 Locust #806-----------$293,010
1121 Locust #401-----------$435,469

It looks like the Annex cleaned up this months sales. More of those to come in June too. More and more buyer's are coming to the market asking for things like workout facilities. They definately had foresight in having a great workout room, as did the Printer's lofts.

In the past, loft sales seem to really peak following the loft tour. We'll see what June and July brings.

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