By Dennis Norman, on December 26th, 2025 
The most expensive home sold in the St Louis metro area in 2025 (based on MLS data reported to MARIS) was the former home of St Louis Cardinals outfielder Jim Edmonds. Located at 16 Bridle Lane in Frontenac, this 17,200 square foot estate sold in May for $7.75 million, making it the top sale price for the year.
Built in 2020 and sitting on nearly 3 acres in the Ladue School District, this contemporary-style home features 7 bedrooms, 11 baths, a wine cellar that opens into the dining room, an 8-car garage, private putting green, resort-style pool, firepit, and even Continue Reading →
By Dennis Norman, on December 26th, 2025 
In a welcome holiday gift for St. Louis homebuyers, mortgage rates have edged lower in December 2025, continuing a downward trend that brings some relief amid persistent economic fluctuations. The 30-year fixed mortgage rate now stands at 6.21%, reflecting a slight decrease of 0.03% from earlier in the month. Meanwhile, the 15-year fixed rate has also dipped, albeit marginally, now at 5.74%, down by 0.01%.
These rate reductions, though modest, signal a positive shift for potential buyers in the St. Louis area, offering improved affordability in a market that had seen rates hovering at higher levels for much of the Continue Reading →
By Dennis Norman, on December 25th, 2025 Wishing you and your family and loved ones a very Merry and Blessed Christmas!
“And so it was, that, while they were there, the days were accomplished that she should be delivered. And she brought forth her firstborn son, and wrapped him in swaddling clothes, and laid him in a manger; because there was no room for them in the inn.” Luke 2:6-7
By Dennis Norman, on December 24th, 2025 
The U.S. Department of Justice (DOJ) has weighed in on the Davis v. Hanna Holdings case with a formal Statement of Interest, and it’s a clear signal to the real estate industry. The DOJ argues that real estate trade association rules, specifically those requiring sellers to offer compensation to buyers’ agents, may violate antitrust laws and deserve full scrutiny. For anyone who thought the pressure on commission practices might let up, this filing confirms the opposite.
What makes this noteworthy is the DOJ’s insistence that rules created and enforced by associations like the National Association of REALTORS® are not exempt Continue Reading →
By Dennis Norman, on December 21st, 2025 
The St. Louis City real estate market saw a significant increase in home prices during November 2025, with homes selling for a median price of $250,000. This marks a 25.00% rise from November 2024, where the median sold price was $200,000. Additionally, last month’s median price reflects a 12.16% increase from October 2025’s median of $222,900. Despite the rising prices, the market experienced a decrease in the number of home sales, with 211 homes sold in November 2025, down 14.57% from 247 sales in November 2024.
Interestingly, while sale prices have surged, the median list price saw a decline. In Continue Reading →
By Dennis Norman, on December 20th, 2025 
The Franklin County real estate market experienced notable changes in November 2025, as highlighted by the chart below, available exclusively from MORE, REALTORS®. Homes sold for a median price of $251,000, marking a 5.24% increase from the median price of $238,500 in November 2024. However, this figure also represents a 7.89% decrease from October 2025, when the median sold price was $272,500.
The median list price surged to $301,445, which is a 13.75% increase compared to $265,000 in November 2024. Despite the rise in prices, the number of home sales in Franklin County decreased to 85 in November 2025, down Continue Reading →
By Dennis Norman, on December 19th, 2025 
A newly pre-filed bill in the Missouri House, HB 2077, aims to stop institutional investors, think hedge funds, private equity firms, and large REITs, from purchasing most residential properties in Missouri starting August 28, 2026. Known as the “End Hedge Fund Control of American Homes Act,” this bill would force institutional investors to divest any 1 to 4-family homes they already own within three years and ban them from acquiring new ones altogether.
There is no doubt this proposal will generate buzz, especially among real estate investors and professionals who have seen institutional capital change the landscape of the single-family Continue Reading →
By Dennis Norman, on December 19th, 2025 
The St. Louis County real estate market experienced notable shifts in November 2025, as reflected in the latest data. Homes sold for a median price of $260,000, marking a slight decrease of 0.10% from November 2024’s median of $260,263. This figure also represents a significant decline of 10.68% from October 2025, when the median sold price was $291,100.
In terms of listing prices, the median list price in November 2025 was $225,000, showing a substantial decrease of 18.92% compared to $277,500 in November 2024. Additionally, the number of home sales in St. Louis County stood at 955, a 6.65% drop Continue Reading →
By Dennis Norman, on December 18th, 2025
In December 2025, the St. Louis real estate market is witnessing a period of mixed movements in mortgage rates, with the 30-year fixed rate holding steady at 6.27%. Although this rate remains unchanged, the slight increase of 0.01% in the 15-year fixed rate to 5.76% indicates subtle upward pressure in the market. Meanwhile, the 30-year jumbo rate has climbed to 6.42%, reflecting a trend that may affect high-value property buyers. In contrast, the 30-year FHA rate has decreased to 5.87%, providing a slight relief for first-time homebuyers or those seeking government-backed loans.
For potential homebuyers and sellers in St. Louis, Continue Reading →
By Dennis Norman, on December 17th, 2025 
The St. Louis metropolitan area has experienced a slight dip in home sales this year, with a total of 31,498 homes sold through the end of November 2025. This marks a 1.04% decrease from the 31,829 homes sold during the same period last year. Despite this minor decline, the market shows remarkable stability when viewed over a longer timeline, as the number of homes sold this year remains unchanged from four years ago, when zero homes were sold by the end of November 2025. This consistency highlights the resilience of the St. Louis housing market amidst fluctuating economic conditions.
For Continue Reading →
By Dennis Norman, on December 16th, 2025 
The St. Louis metropolitan area is witnessing a dynamic real estate market, with certain zip codes emerging as hotspots for quick sales. Leading the pack is a zip code in St. Clair County, Illinois, where homes are flying off the market in an average of just 26 days. This area currently has 7 active listings, with an average list price of $70,286, making it an attractive option for budget-conscious buyers seeking swift transactions.
Following closely is a zip code spanning Monroe and St. Clair Counties in Illinois, where the average time on the market is 31 days across 14 listings. Continue Reading →
By Dennis Norman, on December 15th, 2025 
The Jefferson County real estate market shows a dynamic shift as of December 2025, with notable changes in home prices and sales activity. In November 2025, homes sold for a median price of $280,000, marking a 5.86% increase from November 2024’s median price of $264,500. However, this also represents a 3.45% decrease from October 2025, when the median sold price was $290,000. Despite these fluctuations, the market remains robust with 228 home sales in November 2025, maintaining the same number of transactions as November 2024.
The median list price in Jefferson County rose significantly, reaching $329,900 in November 2025, a Continue Reading →
By Dennis Norman, on December 12th, 2025 
In the dynamic St. Louis metropolitan real estate market, certain school districts are standing out for their rapid home sales. Leading the charge is the Bayless School District in St. Louis, where homes are selling at an impressive pace. With 14 active listings, properties here spend an average of just 30 days on the market, boasting an attractive average list price of $213,914. This makes Bayless a hot spot for families looking to move quickly into their new homes.
Following closely is the Wood River-Hartford DIST 15 in Madison County, Illinois, where the average days on the market is 34, Continue Reading →
By Dennis Norman, on December 12th, 2025
As December 2025 unfolds, the St. Louis mortgage market is experiencing a mixed bag of rate movements, providing both opportunities and challenges for prospective homeowners and sellers. The 30-year fixed mortgage rate has slightly eased by 0.05%, now settling at 6.30%. This slight decrease offers a glimmer of relief for those looking to lock in rates for their long-term home financing. Meanwhile, the 15-year fixed rate saw a marginal increase, rising by 0.01% to 5.80%, reflecting a modest upward pressure in the shorter-term borrowing market.
For St. Louis homebuyers, these rate changes emphasize the importance of staying informed and agile. Continue Reading →
By Dennis Norman, on December 9th, 2025 
The Metro East real estate market experienced notable changes in November 2025, with the median home sale price reaching $214,500. This marks a 4.89% increase from November 2024, when the median price was $204,500. However, when compared to October 2025, this represents a slight decrease of 2.50% from $220,000. The median list price for homes in the area also rose to $225,000, a significant 9.76% increase from $205,000 in the previous year. Despite the rise in prices, the number of home sales in Metro East saw a decline, with 533 homes sold in November 2025, down 4.14% from 556 sales Continue Reading →
By Dennis Norman, on December 8th, 2025 
The St. Charles County real estate market witnessed notable changes in November 2025. Homes sold for a median price of $360,000, marking a 3.23% increase from $348,750 in November 2024. However, this price reflects a slight decrease of 1.37% compared to October 2025’s median sold price of $365,000. The median list price in November 2025 was $440,900, showing a significant 22.47% rise from $360,000 in November 2024. Additionally, home sales totaled 422, a 4.95% decrease from the 444 homes sold in November 2024.
For a detailed visual representation of these statistics, refer to the chart below, available exclusively from MORE, Continue Reading →
By Dennis Norman, on December 7th, 2025 
The St. Louis Metropolitan Statistical Area (MSA) real estate market saw notable changes in November 2025, with homes selling for a median price of $285,000. This represents a 7.18% increase compared to November 2024, when the median sold price was $265,900. However, this figure also marks a slight decrease of 1.72% from the previous month of October 2025, when the median sold price was $290,000.
The median list price for homes in the St. Louis MSA also experienced a rise, reaching $295,500 in November 2025. This is a 5.54% increase from the $280,000 recorded in November 2024. Despite the increase Continue Reading →
By Dennis Norman, on December 6th, 2025 
While rents have declined nationally over the past year, St. Louis is one of the exceptions. According to the December 2025 National Rent Report from Apartment List, the St. Louis metro saw a 4.3% year-over-year increase in rent prices, placing it among the top ten large U.S. metro areas for rent growth.
The national picture looks very different. Rents fell by 1.0% in November alone and are now down 1.1% compared to the same time last year. This marks the fourth straight month of nationwide rent declines. In fact, national median rent has dropped 5.2% from its August 2022 peak Continue Reading →
By Dennis Norman, on December 6th, 2025 
Real estate investors accounted for a record-high 33% of all single-family home purchases in the U.S. during the second quarter of 2025, according to the latest Investor Pulse™ Report from BatchData. This marks the highest share in five years and reflects a growing trend of investor activity in the housing market, particularly from “mom-and-pop” buyers who now own over 90% of all investor-held homes. In contrast, large institutional investors have been net sellers for six straight quarters. Despite this national trend, Missouri’s investor footprint remains relatively modest, coming in just under the national average, based on visual analysis of the Continue Reading →
By Dennis Norman, on December 4th, 2025
St. Louis homebuyers received a bit of relief this December as mortgage rates saw a slight decline across the board, reflecting a favorable trend for those in the market for a new home. The 30-year fixed mortgage rate has fallen to 6.23%, down 0.07% from the previous rates, while the 15-year fixed rate also saw a decrease, now standing at 5.75%. This drop in rates provides a much-needed breather for potential buyers who have been facing the pressure of high borrowing costs in recent months.
The slight dip in rates is expected to invigorate the St. Louis housing market as Continue Reading →
By Dennis Norman, on November 27th, 2025
As the St. Louis housing market heads into the final months of 2025, mortgage rates continue their upward trajectory, affecting both potential homebuyers and sellers in the region. The 30-year fixed mortgage rate has risen to 6.22%, marking an increase of 0.02% from last week. Similarly, the 15-year fixed rate saw a hike, now standing at 5.78%, up by 0.03%. Other loan types, including the 30-Year FHA and 30-Year Jumbo, also experienced rate increases, indicating a broader trend of rising rates across various mortgage products.
For St. Louis area buyers, these rate hikes mean higher monthly payments, potentially impacting affordability Continue Reading →
By Dennis Norman, on November 27th, 2025 
While Thanksgiving has become a well-established American tradition, many people may not realize that it wasn’t always a national holiday. That changed in 1863, when President Abraham Lincoln issued a proclamation during the heart of the Civil War, calling on Americans to observe a national day of Thanksgiving on the last Thursday of November. This historic act laid the foundation for the holiday as we know it today.
Lincoln’s proclamation came at a time of deep division and suffering. Yet, he noted the many blessings still enjoyed by the nation: peace with foreign powers, growing industry and agriculture, and an Continue Reading →
By Dennis Norman, on November 24th, 2025 
If you’re a landlord renting out a condo in Missouri, you need to understand a key risk that can cost you, even if your mortgage is current. Missouri Statute 448.3-116 gives the condo association an automatic lien for unpaid assessments or fines. This lien attaches from the moment the debt becomes due and can be foreclosed like a mortgage. And yes, this applies even when the tenant is the one supposed to be paying the fees.
The statute goes further. If the unit owner is more than 60 days delinquent on assessments, the association has the right to demand that Continue Reading →
By Dennis Norman, on November 21st, 2025
The St Louis City real estate market showed a dynamic shift in October 2025, with homes selling for a median price of $223,000. This marks a 6.19% increase compared to October 2024’s median of $210,000. However, it also reflects an 8.98% decrease from September 2025, when the median sold price was $245,000. The median list price for homes in October 2025 was $205,000, representing a 10.87% drop from $230,000 in October 2024. Additionally, home sales totaled 255, down 16.12% from 304 sales in October 2024.
The chart below, available exclusively from MORE, REALTORS®, illustrates these market trends and provides further Continue Reading →
By Dennis Norman, on November 20th, 2025
In November 2025, St. Louis homebuyers are seeing a slight reprieve in mortgage rates as the 30-year fixed rate dips to 6.36%, down by 0.02% from previous levels. This decrease, along with a minor reduction in the 15-year fixed rate to 5.85%, reflects a downward trend in the market, offering potential buyers a modestly improved borrowing cost environment. The 30-year Jumbo and FHA loans also experienced slight declines, with rates at 6.44% and 5.99%, respectively. However, the 30-year VA rate saw an increase, demonstrating a mixed bag for specific loan products.
For those considering entering the St. Louis housing market, Continue Reading →
By Dennis Norman, on November 20th, 2025
The Franklin County real estate market continues to show robust growth as we move into November 2025. Homes in the area sold for a median price of $273,500 in October 2025, marking a 7.25% increase from the previous year when the median price was $255,000. This upward trend also reflects a 2.43% rise from September 2025’s median price of $267,000.
The median list price in October 2025 was $303,000, a significant 14.34% jump from $265,000 in October 2024. The number of home sales also saw a notable increase, with 133 homes sold in October 2025 compared to 112 in Continue Reading →
By Dennis Norman, on November 19th, 2025
The St. Louis County real estate market saw notable changes in October 2025, with homes selling for a median price of $292,950. This marks an increase of 4.63% compared to October 2024, when the median sold price was $280,000. However, this figure represents a slight decrease of 0.69% from September 2025, when the median sold price was $295,000.
The median list price in October 2025 was $239,999, showing a significant decrease of 13.51% from $277,500 in October 2024. Despite this drop in list prices, the number of home sales increased, with 1,246 homes sold in October 2025, up 7.51% from Continue Reading →
By Dennis Norman, on November 17th, 2025
As we approach the end of October 2025, the St. Louis metropolitan area has witnessed the sale of 28,890 homes, marking a slight decline of 0.85% compared to the 29,137 homes sold during the same period last year. This stable market environment presents both challenges and opportunities for potential home buyers and sellers. For those considering entering the market, this minor dip in sales may suggest a more balanced market, offering a window of opportunity for families to explore available housing options without the intense competition seen in previous years.
Despite the slight decrease from last year, the market remains Continue Reading →
By Dennis Norman, on November 16th, 2025
The St. Louis metropolitan area is seeing a surge in real estate activity, with certain zip codes standing out for their rapid home sales. Leading the pack is a zip code in St. Clair County, Illinois, where homes are selling at lightning speed. With an average of just 23 days on the market, this area boasts six active listings with an average list price of $62,167, making it an attractive option for budget-conscious buyers looking for quick transactions.
Following closely are two zip codes in St. Louis, Missouri. The first, with 57 active listings, sees homes spending an average of Continue Reading →
By Dennis Norman, on November 16th, 2025
The Jefferson County real estate market continues to show positive trends as of November 2025. In October 2025, homes in the area sold for a median price of $290,000, reflecting a 1.31% increase from the median price of $286,250 in October 2024. This price also remained stable compared to September 2025, with no change in the median sold price, indicating a consistent market performance.
Furthermore, the median list price for homes in Jefferson County rose significantly to $329,900, marking a 15.75% increase from $285,000 in October 2024. This rise in list prices suggests a strong demand for homes in the Continue Reading →
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