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St. Louis Real Estate Search

 

St Louis Home Prices Rose Three Percent In Past Year

Home prices in St Louis rose in the past 12 months compared with with prior 12 months, according to newly released data by MORE, REALTORS.  As the report below shows, for St Louis City and County, the median price of homes sold during the 12 month period ended October 31, 2016 was $169,900, an increase of 3% from the prior 12 month period when the median sales price of homes sold in the city and county of St Louis was $164,900.  Home sales increased as well during the period with 16,233 homes being sold in the 12 month period ended October 31, 2016, an increase of over 7% from the prior 12 month period when there were 15,149 homes sold in the city and county of St Louis.

On a year over year basis, home prices in the city and county of St Louis were down just over 1/2 of 1 percent with the median home price for October 2016 slipping to $162,000 from $163,000 in October 2015 as the chart below the table indicates.  This helps illustrate why our reporting of a 12-month rolling period is more accurate then how many news outlets report year over year or month over month numbers.

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St Louis City and County Home Prices - Chart

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