St Louis Cash Home Sales Account For Just Under 1 In 4 Sales In April

By Dennis Norman, on May 14th, 2015

Cash home sales accounted for just under 1 of every 4 (23%) home sales in St Louis during the month of April 2015, a slight decline from a year ago when cash home sales were responsible for 25% of the total home sales.  As the table below shows, the percentage of cash home sales has been fairly consistent the past 12 months, peaking in January of this year when cash sales made up 30% of the St Louis home sales.  The average sales price for cash transactions has been about two-thirds of the average sales price of non-cash sales.

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Source: MORE, REALTORS

 

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