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St Louis Real Estate Search

St Louis Real Estate Market Update VIDEO – December 2018 – Months Supply On the Rise

The St Louis real estate market is lagging a little behind last year in terms of home sales and the inventory of homes for sale is on the rise.  While some of this is, of course, seasonal, perhaps some of it could be related to home prices increasing over the past year or so […]

Median Price of Homes Sold in St Louis City/County In Past 12 Months Hits $185,000 – Sales Flat

The median price of homes sold in St Louis City and County combined during the 12 month period ended October 31, 2018 was $185,000 according to the STL Market Report™ from MORE™, REALTORS®. As the STL Market Report™ below shows, this is an increase in the median price of condos sold of 5.11% from the […]

Number of Underwater St Louis Homeowners Falls To Lowest Level Since Last Year

During the 3rd quarter of this year, 14.4% of the homeowners in St Louis with a mortgage were “seriously underwater”, meaning they owe at least 25 percent more than the estimated value of their home, according to a report just released by ATTOM Data Solutions. This is the lowest rate this year, down from 15.6% […]

St Louis Real Estate Market Holding Steady

In contrast to reports from around the country of a cooling housing market and even a possible bubble in some markets, the St Louis real estate market continues to hold steady. As our exclusive, STL Market Report for the St Louis 5-County core market below shows, during the past 12-months homes have sold at about […]

St Louis Real Estate Market Update VIDEO – October 2018 – Home sales down but higher than 10 years prior to 2017

St Louis home sales continue to lag a little behind last year, however, through the end of September, year-to-date St Louis home sales are higher than they were for the ten years prior to last year! In fact, the YTD total home sales of 21,043 for the St Louis 5-County core market, falls just 130 […]

Home Affordability In St Louis Drops For All Counties In Third Quarter

One of the nice things about St Louis has always been that it’s an affordable place to live and an affordable place to own a home. However, as St Louis home prices, and mortgage interest rates, continue to increase, home affordability in St Louis has declined.

As the table below, which is based on data […]

Sellers Have Reduced Prices on Nearly Half The Homes Currently For Sale

It may still be a seller’s market in many areas of St Louis, but, as our table below shows, nearly half (48%) of the active listings in the St Louis market have had at least one price reduction since coming on the market.

St Louis 5-County Core Market – Active Listing Data

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The Most Expensive Homes For Sale In St Louis

One of the great things about living in St Louis is it is a very affordable place to live, including when it comes to home ownership. Home affordability in St Louis is certainly much better than the coasts but also beats many, if not most, metro areas. Having said that, we do have our share […]

Are Homes Prices In St Louis Cooling?

Yesterday, the latest S&P Corelogic Case-Shiller (the biggest name in national home price data) home price indices were released for July 2018 (their reports lag behind somewhat). Even though in their press release, S&P stated “Data released today for July 2018 shows that home prices continued their rise across the country over the last 12 […]

St Louis Home Sales Trend Remains Flat While Prices Rise

St Louis home sales remain consistent but fairly flat with 27,636 homes sold during the past 12 months, just slightly more than the 27,525 homes sold in the prior 12 month period, for the 5-County core St Louis market. As the table below shows, while home sales only increased by 0.40% during the period for […]

St Louis Real Estate Market Update VIDEO – August 2018

While St Louis home sales are flat this year the overall market conditions remain good. The low inventory of homes for sale continues to benefit St Louis sellers! Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market In our MORE, […]

St Louis Zip Codes Where Home Prices Have Increased The Most In Past 12 Months

Home prices in the St Louis metro area increased at what is a pretty “normal” rate (historically speaking) of about 3.5% in the past year. However, as you hear me say often, all real estate is local, so the market varies significantly from neighborhood to neighborhood. For example, on our St Louis Median Home Price […]

Are Home Prices Too High in Jefferson County? Is a Correction Coming?

Yesterday, I had lunch with a friend in the industry who expressed his concern that the Jefferson County real estate market was cooling off a little and questioned the possibility a market correction. I referenced the article I wrote last week in which I explored the possibility of a market correction in St Louis and, […]

Is There a Market Correction Coming To The St Louis Real Estate Market?

This morning I watched a video from a firm that reports on the real industry and does so from a blunt, “call it as they see it”, perspective (pretty much my style too) in which they say “market correction indicators continue to roll in” and suggest that, to some extent, the party is over. This […]

St Louis Real Estate Market Update VIDEO – July 2018

The St Louis real estate market continues to be an enjoyable one for sellers who benefit from the low inventory of homes for sale and somewhat of a challenge for home buyers who face stiff competition. The lack of inventory of available listings has contributed to St Louis home sales this year falling a little […]

St Louis Home Sales Decline Slightly While Prices Rise

Home sales in St Louis declined a little over 2 percent during the most recent 12-month period from the prior period while the median price of homes sold in St Louis rose 4.4%, according to the latest data from MORE, REALTORS.

St Louis home sales are trending downward slightly as well, as illustrated by the […]

St Louis Home Prices And Sales Surge In May Time To Sell Drops

The St Louis real estate market continues to be a strong one and continues to favor sellers in many cases. As the chart below illustrates, the median price per foot that homes sold for in May (green line) shot up in May to $133 from $129 the month before, a 3.1% increase from the month […]

St Louis Real Estate Market Update VIDEO – June 2018

There is a lot of activity in the St Louis real estate market! The inventory of homes for sale in St Louis remains low, interest rates have dropped a little over the past couple of weeks, home prices are beginning to soften as we move beyond the peak spring market and demand is still strong.

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Home Sales And Price Trends Between St Louis Area Counties

The five counties I refer to as the “St Louis Core Market“, which include the city of St Louis and counties of St Louis, St Charles, Jefferson and Franklin, account for over 90% of the home sales in the 9 Missouri Counties that are part of the St Louis MSA. This is why I typically […]

St Louis Ranked 8th Most Affordable Metro Area To Buy A Home

According to a report just released by HSH, St Louis is the 8th most affordable metro area to buy a home in and one of just 17 metro areas where an income of less than $50,000 per year will buy a median-priced home. The report is based upon data from the 1st quarter of this […]

St Louis Real Estate Market Update VIDEO – May 2018

The low inventory of homes for sale in many areas and price ranges throughout St Louis continues to plague the St Louis housing market and is causing home sales to run behind last years sales. Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers […]

When Is The Best Time To Sell Your Home?

If I had a dollar for everytime someone asks me when is the best time to sell their home I would probably not have to be writing this article today and instead would be relaxing somewhere warm :). My initial answer, while somewhat snarky, is always the same “when you have a buyer“. Actually though, […]

St Louis Home Prices Increase 3.8 Percent In Past Year While Sales Increase About Half As Much

Home prices in the St Louis 5-County core market increased 3.67 percent in the 12-month period ending February 28, 2018 to a median price of $186,500 from $179,900 for the prior 12-month period. During the same period, home sales in the St Louis 5-County core market increased 1.89% to 27,839 homes sold from 27,323 homes […]

St Louis Real Estate Market Update VIDEO – March 2018

The real estate market in St Louis, after the first two months, continues to see good price appreciation with home sales on about the same pace as this time last year. Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market […]

Is The West St Louis County Luxury Market Slowing Down?

My business partner was out yesterday previewing homes in West St Louis County and had a discussion with a listing agent in the area that mentioned the large supply homes for sale in the upper price ranges. Considering about all we hear about today is how there is a shortage of inventory and homes are […]

Homes Sold Last Month In St Louis Took Half The Time To Sell Than They Did Four Years Ago

Homes that sold in the St Louis area last month sold for a median price of $123 per foot and took a median time of just 35 days to sell, according to the latest data from MORE, REALTORS. As the 5-year chart below illustrates, the median price of homes sold in St Louis have steadily […]

St Louis Real Estate Market Update VIDEO – February 2018

The real estate market in St Louis is off to a good start for 2018 so far! Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market update video. In our MORE, REALTORS, 5 Minute St Louis Real Estate Market Update […]

Looking Back – 2017 Was A Good Year For Real Estate In The St Louis Area

Last year was a good year for the St Louis real estate market evidenced by increased home prices and sales in all counties in and around St Louis from the year before, with the lone exception being Franklin County which saw a decline in both home sales and prices from the year before.

As the […]

St Louis Area Cities Where Homes Sold The Fastest In 2017

The St Louis area real estate market had a good year in 2017 with strong sales and sustainable home price growth throughout the area. One of the challenges to the market was a result of a low inventory of homes for sale which forced home buyers to move quickly when a new […]

St Louis Real Estate Market Update VIDEO – January 2018

The St Louis real estate market closed out 2017 with an increase in both home sales and prices from the year before, both at a healthy and, hopefully, sustainable rates. Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market update […]