The Downtown market has recently received an uptick in business due to several factors including the new parks, new grocery store and book store, CITYGARDEN and the first time buyer tax credit. It remains a buyer's market, but signs are indicating that any slight surge in residents relocating to the area would quickly reduce the supply of active listings to a more balanced level. So the market appears healthy.
Additionally, the main highway running through the central corridor of St. Louis is set to fully reopen in just over 60 days, which will will help re-invigorate much of the central city area, including downtown.
ZIP Codes: 63101, 63102, 63103 Approximate Location Boundaries: Arch Grounds to the East, Jefferson to the West, Choteau to the South and Delmar to the North
Location Characteristics: Urban center of St. Louis that has won international acclaim for its recent resurgence as one of St. Louis' top residential neigbhorhoods. With over 5 billion invested since 2000, Downtown is quickly gaining the attention it has needed.
