St Louis Home Prices Increase Over 5 Percent In Past 12 Months; Sales up over 7 percent

The median price of homes sold in the St Louis core housing market (city of St Louis and counties of St Louis, St Charles, Jefferson and Franklin) was $179,900 for the past 12 months, an increase of 5.2% from the prior 12 month period when the median price of St Louis homes sold was $171,000.  There were 27,323 homes sold during the past 12 months, an increase of 7.59% from 25,395 from the prior 12 month period.  As the table below shows, there are currently 5,180 active home listings in the St Louis core market, which, based upon current sales rates, is just a little over a 3 month supply.

Year over year home sales and prices for February

During the month of February 2017, as the chart below shows, there were 1,496 homes sold in the St Louis core market sold at a median price of $167,000.00, just a slight increase in home sales from February 2016 when there were 1,481 homes sold and an increase of 3.7% in price from the median price of $161,000.00 homes sold for in February 2016.

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St Louis 5-County Home Prices and Sales-

Past 12 Months vs Previous 12 Month Period – Table

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St Louis Home Prices and Sales - Past 12 Months compared with prior 12 mont period - Table

St Louis 5-County Home Prices and Sales- Past 24 Months

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St Louis Home Prices and Sales - Past 24 Months- Chart

 

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