Just Sold! 7320 Forsyth Unit 301

Another Fabulous Condo Sold!

This wonderful unit located at 7320 Forsyth in the Northmoor neighborhood has a happy new owner.

Here's what they had to say:
We are pleased to recommend the services of Cheryl Keathley of ClaytonCondos.com. Cheryl acted as our agent in our search for a Clayton condo meeting our requirements. We found her to be professional, organized, and knowledgeable. We appreciated her calm confident approach in handling the various parts of the purchase process. Her attention to detail was prompt and reassuring.

Like many real estate transactions, ours had its share of challenges, some of which occurred at the very last minute. Cheryl did an excellent job of giving us timely advice and steered us thru the obstacles that seemed impossible to overcome.

And, of course, we are very happy with the terms she negotiated for us in the purchase of our condominium. If you are hunting for the best condo in Clayton, we believe you will be well pleased with choosing Cheryl to represent you.

Feel free to contact us for a personal recommendation or if you have any questions.

We would be happy to assist you in finding your new home too! Just give us a call at 314-414-0080 or visit our website http://claytoncondos.com/

RJ York Proposed Development gets OK!

Clayton OKs hotel and garage project
By Margaret Gillerman
St. Louis, Missouri
Wednesday, Jul. 09 2008

Twenty years after city officials scuttled a plan for a hotel and parking garage at Maryland and Central avenues, aldermen Tuesday gave a developer their unanimous support for a similar project at the same spot.

Clayton aldermen and Mayor Linda Goldstein said they were doing what they believed was best for the city by approving the Central Maryland Hotel project and parking garage.

The board's decision followed months of opposition from residents of Old Town Clayton and from Graybar Electric, a corporation based immediately west of the proposed hotel.

Before the vote, Goldstein said that the project had "created quite a lot of emotion among neighbors ... and talk in the community at large."

She told the plan's opponents: "All of us care deeply about the community" and "we can respect each other's opinions. In my mind, I think this rezoning is long overdue."

Alderman Steve Lichtenfeld, who represents the ward, said: "This location is probably the most critical in our entire city where the residential and business communities come together."

Alderman Alex Berger, also from Ward 3, said that the project had been modified to try to accommodate critics' concerns.

The $110 million proposal by R. J. York Development includes a 23-story, 225-room hotel tower, with 40 luxury condominiums and shops, and a parking garage with shops at Maryland and Central avenues. The development, designed by Core 10 Architecture, straddles both sides of Maryland west of Central.

Many neighbors in Old Town Clayton who had packed earlier hearings showed up for another standing-room-only meeting Tuesday. They also submitted more petitions in opposition to the project.

Neighbors have said the project would result in excessive traffic, blocked sunlight, impaired safety and allow commercial zoning to encroach into their residential neighborhood.

Some residents and business people spoke in favor of the project and said downtown Clayton needed more parking.

Lawyer Jeffrey Michelman said the city needed a "beautiful hotel" for business people that would exemplify "how terrific Clayton is."

Steve Shapiro said many Clayton residents outside Old Town liked the project. "Graybar has nerve to be going against a high-rise when Graybar is a high-rise," he said. "The parking is horrible here."

Fountain View formerly Oryan Place

New Name & Marketing

Touchstone Homes changes the name of Oryan Place to Fountain View. I personally think it is a wonderful move. The development has a lovely courtyard with a large fountain as the centerpiece. Fountain View will surely attract new buyers that may have overlooked this Old Town development.

There are eight floorplans from which to choose. Prices range from $295,000 - $495,000

The complex has a fitness center and clubhouse, secure parking, indoor storage, and of course a lovely courtyard.

Clayton Condo Market Snapshot

Clayton Condo Market Snapshot

Tour Condos Daily! - http://ClaytonCondos.com

210 units currently for sale in the 63105 zip code
24 units are currently under contract
60 units sold in 2008 yr to date
199 units sold in 2007
Median days on the market – 154 (2007)
Median sale price $289,760 (2008)
Median sale price for 2bdrms/1bth $200,000 (2008)
Median sale price for 2bdrms/2bth $290,000 (2008)
Median sale price for 3bdrms/2bths $334,000 (2008)
Median sale price $385,000 (2007)
Median 2bdrm sale price $350,000 (2007)


For additional market updates call our 24 hr info line at 1-800-354-6404 ext 080

Information compiled from MLS (Maris Multiple Listing Service) verified, but not guaranteed.

Paciugo Gelato - Run Don't Walk!!!

Now Open !!

The long awaited opening of Paciugo is here. What a treat for the humid St. Louis summer. I have been twice so far and thought the gelato was the next best thing to being in Florence, Italy.

The dark chocolate is oh so good! Treat yourself to a small cup and you get to try up to three flavors for just over $3.00 bucks.

Located in the Crescent at 173 Carondelet Plaza
Hours: Sun - Thurs 11 am - 1030 pm & Fri/Sat 11 am - 11 pm

Trianon Set for Groundbreaking

The Trianon has received final approval from the City of Clayton and Orchard Development is anticipating groundbreaking in late summer.

Looking for a larger unit? Trianon is now offering a 3bdrm/2.5 bth unit at 2,173 sq ft. Each unit will have two terraces and residents will enjoy eastern views of the Arch and the Downtown skyline.

Clayton Condo Market Snapshot

Learn more at www.ClaytonCondos.com

210 units currently for sale in the 63105 zip code
51 units sold year to date 2008
199 units sold in 2007

Avg. days on the market – 164 (2008)
Avg. days on the market – 84 (2007)






Median sale price $290,000 (2008)
Median sale price for 2bdrm/1bth $199,000 (2008)
Median sale price for 2bdrm/2bth $290,000 (2008)
Median sale price for 3bdrm/2bth $335,000 (2008)



Lowest sale price $116,00 – 8125 Roxburgh unit 1 – 1bdrm/1bth
Highest sale price $2,091,363 – 150 Carondelet Plaza unit 2001 – 3bdrm/3.5bth

* Information compiled from Maris (MLS) Verified, but not guaranteed

Clayton Condo Market Update - 63105

Market Snapshot

206 units currently for sale in the 63105 zip code
26 units are currently under contract
24 units sold in 2008 yr to date
199 units sold in 2007
Median days on the market – 84 (2007)
Median sale price $320,000 (2008)
Median sale price $385,000 (2007)
Median 2bdrm sale price $350,000 (2007)

For additional market updates call our 24 hr info line at 1-800-354-6404 ext 080

Market Updates - What Did It Sell For?

Clayton Condo Market Updates -

The Clayton Condominium market appears to be picking up a little. There is an over-abundant supply of condo options from which buyers can choose. ClaytonCondos.com can assist in buying or selling any condominium in St. Louis. To get additional market information go to http://www.claytoncondos.com/ and click on Market Updates.

Condo Snapshot
Active Listings - 188
Pending Sales - 24
Sold Condos-year to date - 13

Moorlands Condo

7532 Cromwell 3N - 2bedrooms/1 bth 1120 sq. ft. Originally listed in March of 2007, sold after 129 days on the market for 190,000. This 3rd floor unit has a vaulted ceiling in livingroom and an updated kitchen. Sold on 2/28/08

Information compiled from Maris MLS service, information is verified, but not guaranteed.

Condo Market Updates - What did it sell for?

Market Updates

Keeping up on the Clayton condo market is more important than ever in the current real estate climate. We make it a part of our daily "to do" list, so you don't have to. Want to know what a condo sold for? Click here

Clayton - Downtown Video Tour

Downtown Clayton, Missouri Video Tour - Saint-Louis, MO 63105

To learn more about Clayton, contact Cheryl@ClaytonCondos.com

Market Updates - What Did It Sell For?

Market Updates


Currently there are 174 units on the market. As of January 30, only 5 units have sold in the month of January. The market has definately slowed over the last 6 months.
Notable Sales -

408 South Hanley Unit B sold after 187 days on the market. This 2nd floor unit showed well. Renovated in 2000, the highlight is the beamed vaulted ceiling in the living room. The original list price was $299,900. It sold for $255,000 on 1-9-08.

6240 South Rosebury 3-East sold on 1-8-08. This 3bdrm 2bth unit stayed on the market for 228 days before selling. Original list price #299,900. Sold for $260,000.

710 South Hanley Unit 8B sold for $310,000 on 1-35-08. This completely renovated unit came on the market with an list price of $389,900 and expired. It was relisted at $375,000, after 210 days it sold.

The downward turn of the market has definately affected the length of time condos are sitting on the market and the final sale price. It makes it all the more apparent that buyers need to work with agents that are in-tune to the Clayton condo market.

To learn more...click here

Market Updates - What Did It Sell For?

Here's a 2007 year end review of the Clayton condo market

199 units sold in 2007
Median Day on Market - 84
Median Sale Price - $385,000

35 units sold in the 4th quarter of 2007

High Sale Price 2007 - $1,995,000 - 150 Carondelet, Unit 2302
Low Sale Price 2007 - $106,000 - 200 South Brentwood, Unit 15E

Total 3 bdrm units sold - 77
Median 3bdrm sale price - $540,000

Total 2bdrm units sold - 99
Median 2bdrm sale price - $350,000

Total 1bdrm units sold - 16
Median 1bdrm sale price - $186,000

FAQ's On Condos

What are condo fees?

Sometimes called maintenance fees, condo fees are proportionate charges for your share of the upkeep and maintenance of common areas or common elements, and reserve fund contributions of the condominium complex.

Typically, these fees are based on the direct proportion of the unit size in relation to the overall size of all units. Fees vary dramatically, according to the property, age, location, and amenities offered to residents.

*Warning – super low condo fees may be appealing, but be careful you don’t purchase into a complex that is in a financial crisis or headed for a substancial increase.

To learn more contact: Cheryl@ClaytonCondos.com

FAQ's About Condos

What is a Declaration? (known as covenants, conditions, and restrictions, “CC&Rs” in other states)

It’s an instrument, similar to a deed that sets forth the legal particulars and creates a condominium complex/corporation. It gives the legal description of the parcels and the legal description of each unit. It details the percentage of ownership in the common elements that is allocated to each unit. As well as, any other lawful provisions that the developer/owner deems desirable to promote and preserve cooperative ownership and to facilitate proper administration.

Market Updates - What Did It Sell For?

11/28/07 Clayton Condo Market Update


Currently there are 191 condominiums listed for sale in the 63105 zip code. There are 29 condos under contract. Only 7 condos have sold since November 1st, reflecting a definite slow down in the real estate market. However, we feel strongly that Clayton continues to be the premiere community in the St. Louis region in which to purchase and invest.


There will be a sharp increase in the demand for rental units over the next couple of years due to several factors: lenders tightening their loan guidelines, the I-64 construction project, the continued growth of Washington University, the decease in rental inventory from condo conversions, and the growth of city of Clayton.

Kaldi's Is Open -- The Crescent Building

Kaldi's Coffehouse has opened it's much anticipated location anchoring the retail shops of The Crescent building. The decor is cozy and inviting and the coffee and pastries are delicious. We only wish that they had twice the space.

Let's Dine - Paciugo Gelato & Caffe

Yum! I can't wait for the opening of Paciugo.

Coming soon to The Crescent building in Downtown Clayton.

Paciugo freshly prepares its gelato each morning. Serving 30 to 38 flavors daily. Based on third-generation Italian recipes.

Paciugo gelato is authentically made with the highest quality ingredients, including whole milk and real fruits. Nuts, candied fruit and several others ingredients utilized in Paciugo are imported from Italy. The milk- based gelato is 70% lower in fat than premium ice creams.

Clayton Condo Market Update - 63105

There are currently 23 condominiums under contract in the 63105 zip code. Five of the units are listed with an asking price in excess of $1,300,000. Five units in the Maryland Walk development are under contract.

After 272 days on the market a unit in the 816 Club building on South Hanley,(unit 9D) is pending. The original asking price was $395,000. This unit was reduced to $299,900 at the time it went under contract. I previewed this unit, it has great sq. footage, but it was in definite need of updating. The kitchen was very dated with floral 70's wallpaper and old green kitchen cabinets.

Another notable listing at 705 Westwood in The Moorlands neighborhood went pending after just 23 days. The 2 bdrm 1 bth unit showed very well, with an updated kitchen and great wood floors. The asking price was $209,900.

There are currently 202 units listed in the MLS. The median days on the market is 95. The median list price is $399,900. Only two units have sold as of November 10th.

To learn more about available condos visit ClaytonCondos.com

All information herein has not been verified and is not guaranteed and has been compliled from Maris (MLS) and St. Louis County Records

Let's Dine - BARcelona

One of my favorite restaurants in Clayton is BARcelona on South Central. Each time I go to BARcelona I feel like I'm on a mini-adventure. The food is delicious and the atmosphere reminds me of cafes in Europe.

In the summer, the tables outside are a great way to spend a few sultry hours sipping wine and noshing on great tapas. If you want to have a out and out feast, try sharing the Paella Valencia with a couple of good friends. You will not regret your selection.

To view menu ... Click Here