It’s been a long winter, but Spring is just around the corner, and we can expect to see increasing activity in the St. Louis real estate market. While there have been indications of a general softening in the luxury housing market in areas like New York City and South Florida, some metro areas are bucking that trend, including St. Louis. Compared to the national average for luxury properties, high-end homes in the St. Louis area spent fewer days on the market. And compared to other metro area markets, luxury properties in St. Louis are highly affordable. It’s possible to buy two high-end properties in St. Louis for less than the cost of one luxury condo in hot coastal areas! The takeaway? A healthy market and affordable luxury make St. Louis an outstanding area to buy a high-end home. At Lottmann Realty Group, we know St. Louis and we know top-tier properties. If you’re in the market to buy or sell a luxury home, we’re here to help!
Lottmann’s Luxury Lessons for Buyers
The arrival of Spring will bring an increase in the number of high-end homes available. For buyers, this means more options to choose from – and more time to consider making an offer. Unlike buyers in the low- and mid-range market who have had to make quick decisions and fast offers to snag properties, luxury buyers can expect – and enjoy – a less frantic experience.
Lottmann’s Luxury Lessons for Sellers
Spring is the best time to put your home on the market and showcase the beauty of its surroundings. Make sure your landscaping gets just as much attention as your house. Be sure to highlight the appeal of your outdoor living spaces by staging patios, decks, and other gathering areas with inviting arrangements of furniture and decor.