As the table below shows, from MORE, REALTORS® exclusive STL Market Report, the overall St Louis MSA housing market has a current supply of homes for sale equal to just a little over two-and-a-half months making it very much favor sellers. The St Louis 5-County Core market (city of St Louis and counties of St Louis, St Charles, Jefferson and Franklin) have, as the second table shows, an even lower supply of homes for sale with a 2.32 month supply.
However, as the list at the bottom shows, there are some municipalities within the St Louis area that are buyers markets, 12 in total to be exact. A healthy inventory, one that is considered “balanced” and not favoring buyers or sellers, is generally 5 or 6 months, so to make this list of buyers markets there must be greater than a 6-month supply of home currently for sale. At the top of the list is Pine Lawn a small municipality in northern St Louis county, followed by Swansea IL and then Town and Country. Town and Country with 4 homes sold in the past month and 54 active listings currently has a 13.5 month supply of homes for sale.
St Louis MSA Supply Of Homes For Sale
(click report for current, complete report)
St Louis 5-County Core Supply Of Homes For Sale
(click report for current, complete report)
St Louis Buyer’s Markets By City
(click list for current, complete list)
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