ResalesChesterfield, Missouri: Young Vibrant Community Attracts Seller"s Market
Chesterfield, Missouri, a suburb of St. Louis, is a youthful, attractive, thriving residential and business community, say local Realtors, and is still in a seller"s market.
"Chesterfield is a young and vibrant city where beautiful neighborhoods, gleaming office buildings, bustling shopping malls and rustic horse farms co-exist in one setting," says Realtor Chet Snyder. "Just about 25 minutes West of downtown St. Louis, the city of Chesterfield is a thriving residential and business community with more than 1,500 businesses and 25,000 employees. Chesterfield enjoys a robust economy and burgeoning commercial growth."
He continues, "Chesterfield"s residential and commercial developments are balanced with the area"s open green space and wooded hills. Large and medium size single-family homes, townhouses, condominiums and apartment complexes reflect quality housing stock. It"s a community where you"ll find Fortune 500 companies, research centers, modern medical centers and major manufacturing firms operating side-by-side with small family businesses, retail shopping stores and medium-sized firms. The economic outlook in Chesterfield is bright, and by all accounts, the future promises to bring even more prosperity to the local community."
Explains Realtor Barbara Bartelsmeyer, "Chesterfield"s average home value appreciation is 6.7 percent and median home value is $307,550."
Smart city planning contributes to the community"s success. "Twenty-two miles from downtown St. Louis, the cIty of Chesterfield is located on the western edge of the St. Louis County metropolitan area. Six-lane I-64 (U.S. Hwy. 40) connects the city with the Mississippi and Missouri waterfronts. A network of other roadways serves the community providing access to work, schools, churches. shopping and State of Missouri and St. Louis County parks. A Comprehensive Plan adopted by the city in 1990 and updated through the years when deemed appropriate guides development. The plan ensures that Chesterfield"s residential and commercial developments are balanced with the area"s open green space and wooded hills. Large and medium size single-family homes, townhouses, condominiums and apartment complexes reflect quality housing stock."
Advises Realtor Shirley Sander, "Buyers need to have pre-approval letters in hand in this quick-paced market. Properties under $300,000 are in high demand. All signs point to another record-breaking year!"
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