Most Expensive Home Sale of the Week -

So what can you buy for $1,080,000 these days in Webster Groves? This weeks most expensive sale answers that question and it's not new construction for a change! It's a stately, traditional 4,700 sq. ft. home on a premier block overlooking Algonquin Country Club.



Every year on the third of July (which happens to be the birthday of my twins), Katie and I march the troops three blocks east to watch the fireworks from this street. It's a wonderful neighborhood and a fabulous home.



Have questions about the market? Let me know and we can talk about it. johnjackson@remax.net .

Most Expensive Home Sale of the Week - Glendale Renovation

This week's top sale is in Glendale and is dripping with class. From the curb, it's an unassuming Tudor-style home on a plus lot, but inside, Lewis Homes transformed a ho-hum 2,000 sq. ft.

3-bedroom, 1.5 bath home into a 3,400 sq. ft. classic. The five bedrooms include a fabulous main floor master suite and a carraige house was recently added.

Here's a look at the family room addition. Any guesses on the price for this one?

The Most Expensive Sale of the Week - $700,000

Surprise, surprise!! For the third consecutive week, the most expensive home sale of the week is new construction in Kirkwood. 807 Lockett Rd. started at $799,900 back in March and ended up at $700,000 this past week.

Our office represented the buyer, who paid $165/sq. ft. compared to the average new construction avg. price of $193/sq. ft. This looks like a great deal on a very nice 4,200+ square foot home.

The Most Expensive Sale of the Week - $850,000 in Des Peres

For the second week in a row, a newly built home tops the list of most expensive home sales in Webster, Kirkwood and Glendale. 11838 Claychester in Des Peres is a 4,000 sq. ft. story-and-a-half on a stunning half acre lot.

This property's journey ended in what I would call a "Win-Win" for both the buyer and home builder. Ginger Fawcett of my RE/MAX Suburban office, who specializes in working with builders and new homes, brokered the deal in a relatively short time frame (144 days), given the current market conditions.

I really think the price of $850,000 ($212/sq. ft.) was a fair one for all the amenities. The original list price was $999,000.

I'm never surprised when our company's listings sell, despite a constant supply of new listings around them. Full time agents have a real advantage when it comes to keeping up with market conditions, pricing, etc.

The Most Expensive Sale of the Week - $1,675,000

Well, after last week, where the most expensive home sale in WKG was a pedestrian $343,000, I was prepared for anything this week. I'm happy to report that this week saw 4 sales higher than last weeks best, with the high dollar climbing well over the $1 million mark.

520 N. Taylor Ave. in Kirkwood closed yesterday with a purchase price of $1,675,000. It took well over a year (and over 3 since the builder purchased the home site) to complete and re-sell the 5,811 sq. ft. Georgian colonial.

This sale is great news for WKG high end sellers, who were starting to wonder if there were any million + buyers out there at all. Several recent attempts at sales over that price have fallen well short.

The Most Expensive Home Sale This Week

The most expensive home to close during the last 7 days in WKG is this home at 1318 Kendon Dr. in Des Peres. It's a lovely 50's ranch with a great yard and a pool. 3bd/2.5ba, around 2,300 s.f. The surprising part?







Sale price...$343,000!!!!!


I've been watching the slowing of higher end WKG all year, but this is an amazing statistic. Just a very slow month in terms of high dollar sales. That leaves 196 homes on the market priced higher than $343,000. Yikes.