Residential Market Analysis Interactive Map (2019)
A tool to help City of St. Louis public officials and others direct the investment of public funds so that private investment may be strategically leveraged for the public’s benefit
The Residential Market Analysis (MVA) is a tool for the City of St. Louis that can help public officials and others direct the investment of public funds so that private investment may be strategically leveraged for the public’s benefit. This statistical tool uses market data to classify geographic areas into various market types within the City and identify the unique needs of each neighborhood. Market types are designated utilizing a clustering method that analyzes variables such as housing sale prices, vacancy, non-residential units, building permit activity, foreclosures, subsidized rentals, and others. The MVA may be used to clarify where different market types exist as well as what potential strategies are most successful in each area.
1) The Residential Market Value Analysis was produced by The Reinvestment Fund (TRF) in partnership with the The Community Development Administration and the Planning and Urban Design Agency with the intent of assigning each of the City’s 360 block groups to a market type based on a cluster analysis accounting for a variety of real estate market factors. The City’s last Market Value Analysis was performed in 2012, with minor updates in 2014.
2) 2) 21 of the City’s block groups were not assigned a market typology due to insufficient data. An additional 34 block groups were estimated based on available data.