The St Louis real estate market has been a fast-selling seller’s market in many areas for what seems like a long time now. Currently, the fastest selling city within the St Louis area is Warson Woods where homes for sale there have been on the market just an average of 7 days, followed by Valley Park at 16 days. As the table below, with the 15 fastest selling neighborhoods, shows, the “slowest” fastest-selling neighborhood on the list, Webster Groves, is at 49 days for the average time current listings have been for sale there.
Just to show how quickly we forget, I decided to dig into the archives a bit and see what the fastest selling neighborhoods list looked like from just 3 years ago, March 24, 2014 to be exact. As the bottom table shows, the fastest-selling neighborhood on that list, Glendale, and an average time on the market of 44 days, just slightly ahead of our 15th finisher today.
15 Fastest-Selling Neighborhoods In St Louis Selling 47.8% faster than 3 years ago…
The charts show that, for the current 15 fastest selling neighborhoods, there is a median average days on market (sounds oxymoronic but it’s not) of just 35 days, 47.8% lower than in March 2014 when the median average time on market of the 15 fastest selling neighborhoods was 67 days. My, how times have changed in such a short period of time!
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Fastest Selling St Louis Neighborhoods – April 2017
Click on table for current list – real time