As of August 2024, the St Charles County real estate market saw a slight decrease in median sold price compared to the same time last year. According to data exclusively available from MORE, REALTORS®, homes in the St Charles County update sold for a median price of $363,500, a 0.41% decrease from August 2023. This also represents a 2.94% decrease from July 2024, when the median sold price was $374,500.
However, the median list price for homes in St Charles County showed an increase of 1.36% from $360,000 in August 2023 to $364,900 in August 2024. This indicates that sellers are still able to command higher prices for their homes in this market.
In terms of home sales, there were 419 transactions in August 2024, a 12.16% decrease from the 477 sales in August 2023. This could be attributed to a decrease in inventory or a decrease in buyer demand.
Overall, the St Charles County real estate market remains stable with a mix of both positive and negative indicators. As always, for the most up-to-date and accurate information on the St Charles County market, contact MORE, REALTORS® for expert guidance and assistance.
