Last year was a good year for the St Louis real estate market and, thus far, 2017 is off to a pretty good start in St Louis as well! As the chart and tables below illustrates, home prices in the St Louis area have been trending upward over the past couple of years and sales are holding pretty steady.
On a year to date basis through February, compared with the same period last year, Jefferson County has seen the largest increase in the median price of homes sold at 18.5%, but also saw a 13% decline in the number of home sales which could be related to increasing prices. St Louis city and county held steady on the number of homes sold and home prices, with a 1% and 1.3% increase respectively. St Charles county saw a 1.5% increase in home sales and a 4.0% in crease in the median price of homes sold. Overall, for the 5-county core market, home sales are dead even with last year and prices are up 6.6%.
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