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St. Louis metro home prices increase in 3rd quarter but down from a year ago

Dennis Norman St Louis Realtor-Metro Home PricesThe median St. Louis metro home price in third quarter was $131,700, up 2.0 percent from 2nd quarter, but down 2.7 percent from a year ago, according to a report by the National Association of REALTORS. Home prices in the St. Louis metro area fared better during 3rd quarter than the U.S. as a whole which saw prices increase only .2 percent from the prior quarter and were down 4.7 percent from a year ago.

Total home sales in the state of Missouri during third quarter, while down 2.7 percent from the prior quarter, were up 21.0 percent from a year ago. Total home sales in the U.S. for third quarter declined 0.1 percent from the quarter before, but were up 17 percent from a year ago.

 

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