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St. Louis Real Estate Search

 

St Louis Real Estate Market Update VIDEO – October 2017

Is there a market correction coming to the St Louis real estate market? Find the answer, data behind it, as well as complete, and up to date, home price and sales data for the entire St Louis market, in our just released market update video.

In our MORE, REALTORS, 5 Minute St Louis Real […]

St Louis Home Sales and Prices Continue On The Rise Throughout The Area

For the 12-month period ending August 31, 2017, as the table below shows, there were 36,753 homes sold in the St Louis MSA an increase in home sales of 3.68% from the prior 12-month period. The median price of homes sold in the St Louis MSA during the past 12 months was $170,000, an […]

Like The Weather, St Louis Housing Market Cooling

As we approach the fall season (officially referred to as “autumn”, it begins September 22nd) and the temperatures cool, St Louis home prices and sales are beginning to cool as well. There’s no reason for panic as this is normal due to the “seasonality” of the real estate market, however, we in the real […]

If You Live In These Neighborhoods You Should Move Now!

If you own a home in Maplewood, Warson Woods, Shrewsbury, Crestwood, or Bridgeton you should sell now before it’s too late! No, there’s nothing bad about to happen to those areas (as far as I know) but these areas are currently suffering from a shortage of homes for sale and are failing to meet […]

Do Homes Sell Over Labor Day Weekend?

As we head into Labor Day weekend many people will be having friends and family to their homes for barbecues, parties and other get-togethers while other people may just be looking to a quiet weekend at home with family. In either event, if you have your home listed for sale, a showing, or showings, […]

Home Sales and Prices Continue Upward Trend Throughout St Louis Area

For the 12-month period ending July 31, 2017, as the table below shows, there were 36,741 homes sold in the St Louis MSA an increase in home sales of 13.35% from the prior 12-month period. The median price of homes sold in the St Louis MSA during the past 12 months was $170,000, an […]

St Louis Real Estate Market Update VIDEO – August 2017

The St Louis real estate market continues to be strong… Get the latest information on St Louis area home prices, sales and the market, as well as why this information is important and even a quick example of how we use this type of information to help our clients, in our just released market […]

Should You Offer A Selling Agent Bonus When Selling Your Home?

This is another one of those topics where there are plenty of varying opinions however, for the sake of this article I’m going to take a look at it from purely a data-driven standpoint which, perhaps, is a little more objective approach. While it’s not that common, especially in a sellers market like a […]

St Louis Metro Area Cities Where Homes Have Sold The Slowest In the Past 30 Days






The St Louis real estate market is hot, but there are some areas that are not as hot as others and are slower selling. While the hottest St Louis markets are seeing homes sell within a few days on average, there are some markets where homes are taking much longer to sell. Granted, as the table below shows, there are only two on the top 10 slowest markets list where the average is over 100 days (and still well below historic average times to sell) so even the slow markets, are pretty good today! […]

Cities In The St Louis Metro Area Where Homes Have Sold The Fastest In The Past Month






The St Louis real estate market continues to be like the weather, hot! Many neighborhoods through the St Louis area continue to enjoy a seller’s market, largely driven by a shortage of homes for sale, creating a low inventory. So where in the St Louis metro area are homes selling the fastest? While you would need to click on the list below to go the live data for the latest information from our site, as of the day I wrote this, Vally Park was number 1 on the list. During the past 30 days, homes that sold in Valley Park were on the market an average of only 4 days before selling! […]

St Louis Home Prices And Sales Increase From A Year Ago






For the 12-month period ending June 20, 2017, as the table below shows, there were 36,447 homes sold in the St Louis MSA an increase of 2.08% from the prior 12-month period. The median price of homes sold in the St Louis MSA during the past 12 months was $169,000, an increase of 4.0% from the prior 12 month period. […]

The Importance Of Accurate St Louis Home Price Data for Sellers and Buyers- Prices Down 19%?? Or Up 8%??






Yes, I often harp on the importance of having accurate information when it comes to the St Louis real estate market and, admittedly, am a data nerd, however, considering that a home sale or purchase is generally one of, if not the, largest financial transactions a person makes, I think it’s worth the effort to get it right. This is why at our company, MORE, REALTORS, we have spent thousands and dollars and thousands of hours of work over the course of several years to develop software for our agents, and clients, that provides what we feel is the most accurate and relevant information out there when it comes to St Louis home prices and sales information. […]

St Louis Real Estate Market Update VIDEO – July 2017






Home prices are cooling slightly as we transition from the spring market to the summer market… Every year we see home prices reach their peak in the spring market which, depending on weather, the economy as well as other things, could be May or June typically, and then fall slightly as we go into the summer months. This year is no different and we are seeing the normal seasonal change in home prices but St Louis continues to have a strong real estate market and continues to favor sellers for the most part. […]

The Importance Of Accurate Home Price Data And The Danger Of Bad Data






Ok, I’ll admit it, I know I’m sort of a big data nerd and not everyone is, so I may be in the minority when it comes to the attention I give, and time I devote, to market data, stats, trends and the like. However, while not everyone wants to study this stuff, anyone in the market to buy or sell real estate either needs to be up to date on what is going on in the market in terms of price (and the other stuff I mentioned) or be represented by a real estate agent that is. Otherwise, without this information or, worse yet, with bad information, home buyers and sellers can make some really bad decisions. […]

St Louis Home Sales and Home Prices Are Both Up Over 5 Percent From A Year Ago






St Louis continues to enjoy a pretty robust real estate market, albeit it a challenging one for buyers due to the low inventory of homes for sale in most areas, with St Louis home sales, during the past 12 months, up over 5 percent from the prior 12-month period and St Louis home prices up over 5 percent for the same period as well. […]

St Louis Home Sales Fall Slightly in May From Year Ago – Prices Up






There were 2,707 homes sold during May within the St Louis 5-county core market down slightly from May 2016 when there were 2,736 homes sold according to the latest data from MORE, REALTORS (see chart below). The median price of homes sold in the St Louis core market during May 2017 was $125 per square foot, an increase of 2.5% from May 2016 when the median price of homes sold in the St Louis core market was $122 per square foot. […]

St Louis Real Estate Market Update VIDEO – May 2017

The St Louis market continues to be hot although there is a little downward pressure on pricing. This month, as the video below shows, the St Louis real estate market continues to be low on competition and favoring sellers although the home buyers out there are savvy and are not reacting to over-priced listings. […]

St Louis Spring Real Estate Market Snapshot






We are about half way through the spring real estate market in St Louis, normally the most active time of the year for the St Louis real estate industry, and, thus far, the 2017 spring market is shaping up pretty good! As our chart below illustrates, there were 4,582 homes sold in the 5-county core St Louis market during March and April of this year, an increase of 2.4% from last year when there were 4,473 homes sold and the median price per foot of those homes sold was $126 per foot in April, an increase of 6.8 percent from April 2016 when the median price per foot was $118. […]

St Louis Home Sales Increase in March






As the chart below shows, there were 2,880 homes sold last month within the 5-county core St Louis market (city of St Louis and counties of St Louis, St Charles, Jefferson and Franklin) an increase of 6.5% from March 2016 when there were 2,705 homes sold. […]

St Louis Real Estate Market Update VIDEO – April 2017






The supply of homes for sale continues to be a major impediment to the St Louis real estate market! This month, as the video below shows, every county in the St Louis core market area has seen the inventory of homes for sale (in terms of months of supply) decline from last month and last month was already low! In spite of the low, low inventory, home prices have remained reasonable and, in fact, we are seeing a little bit of a downward trend price-wise in some areas. With these things in mind, along with the fact that interest rates are sure to go up, there’s no better time to buy or sell than now! […]

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. […]

St Louis Real Estate Market Update VIDEO – March 2017






There just aren’t enough homes for sale in many price ranges! This month, like many months before, you will see that all five counties in the St Louis core market (city of St Louis and the counties of St Louis, St Charles, Jefferson and Franklin) all have less than a 6 month supply of homes for sale (a few less than half of that), so it remains a sellers market in many areas! While the market is doing well, you will notice the trend over the past 24 months, as I describe in the video is down a little in terms of number of homes sales which is due simply the lack of homes available for sale. There doesn’t appear to be a shortage of buyers at this point, just a shortage of sellers. […]

Midwest Home Builders Optimism About New Home Market Hits Record High in March






Happy home builders? Wow, I remember those days, back before the real estate bubble and market collapse, boy were those the days! Well, the good news is, while builders still have their challenges, according to the latest survey by the National Association of Home Builders, builders in the Midwest are more optimistic about the new home market than they have ever been! (or, at least since the beginning of the regional level index records that are published). […]

The Fastest Selling Neighborhoods In St Louis






The St Louis real estate market continues to be strong and, thanks for a low inventory of homes for sale in many areas, competitive. Accurately priced homes in popular neighborhoods often sell within a day or two of coming on the market. Listings in the fastest selling cities in St Louis spend an average of less than 30 days on the market. As the table below shows, the fastest selling city currently is Glendale (which has spent a lot of time at the top of this list over the last few months) with an average of just 23 days on the market for current listings, followed by Valley Park with an average listing time of 26 days. […]

Moderate Priced Homes In St Louis Out Perform Luxury Home Sales






St Louis is known as an affordable place to live so it is not surprising that there is a fairly robust housing market for affordable and moderate priced homes. When it comes to luxury homes in St Louis however ($500,000 and above for the sake of discussion here), the market is much cooler. […]

St Louis Real Estate Market Off To A Good Start For 2017






Last year was a good year for the St Louis real estate market and, thus far, 2017 is off to a pretty good start in St Louis as well! As the chart and tables below illustrates, home prices in the St Louis area have been trending upward over the past couple of years and sales are holding pretty steady. […]

Are Ranch Style Homes A Better Investment?

The ranch-style home has been around a long time with it’s origin going back to 1920’s but this style of home became extremely popular in the 1940’s carrying through the 1970’s. Ranch-style homes are normally much wider than deep and feature open floor plans with a casual style. Over time, as incomes increased, as […]

Top Ten Buyers Markets In St Louis






While the bulk of the St Louis area spent most of the past year as a sellers market, real estate is very local and very seasonal, so there are still neighborhoods where buyers markets exist! So where are the buyers markets? Well, they are a constantly moving target due to the fluctuations I just mentioned, however, currently, as the list below illustrates, […]

Franklin County Has Largest Increase In Both Median Home Prices And Sales In Past 12 Months






The median price of homes sold in Franklin County during the most recent 12 months was $146,000, an increase of 9.57% from the prior 12 month period when the median price was $133,250 marking the highest year over year increase of any of the St Louis area counties. […]

St Louis Condominium Market Going Strong






The condo market in the St Louis area is doing well with condo’s that sold in the past 12 months selling in a median time of just 27 days in the 5-County St Louis Core market. As the chart below shows, the median price for condo’s sold in the 5-county core market during this period went from $125,000 back in February 2016 to $139,500 in January 2017. There is currently a 3.3 month supply of condominiums for sale in the this market. […]