The Condo Trap: How One Buyer Nearly Lost $160,000 — And How a Skilled Agent Saved the Deal

Buyer beware when buying a St Louis Condo

Buying a condo may seem straightforward, but the reality is that it comes with layers of complexity that most buyers—and frankly, many agents—don’t fully understand. Recently, I represented an investor client who was purchasing an off-market condo through a wholesaler. On the surface, it looked like a quick, easy, all-cash deal. But within days, it became clear that without an experienced condo buyer’s agent, this transaction could have ended in a $160,000 disaster.

From the beginning, I raised the question of the condo resale certificate—a critical document that Missouri law requires sellers to provide. This certificate includes essential information about Continue Reading →

St. Charles County Real Estate Market Sees Steady Growth in July 2025

The St. Charles County real estate market demonstrated a robust performance in July 2025, with the median home selling price reaching $367,500, marking a 2.08% increase from the previous year. This figure slightly dipped by 0.68% from June 2025’s median selling price of $370,000. Despite the month-to-month fluctuation, the overall trend indicates healthy growth, as reflected in the median listing price of $365,000, up by 2.82% compared to July 2024.

The volume of home sales also showed positive momentum, with 577 homes sold in July 2025, an increase of 6.65% from 541 sales in the same month last year. This Continue Reading →

St. Louis MSA Real Estate Market Sees Continued Growth in July 2025

The St. Louis Metropolitan Statistical Area (MSA) real estate market demonstrated sustained growth in July 2025, with notable increases in both home sales and prices. Homes sold for a median price of $295,000, marking a 5.36% rise from the previous year’s median of $280,000, and a 1.72% increase from June 2025’s median of $290,000. This consistent upward trend underscores a robust housing market in the region.

In terms of sales volume, the market remained stable with 3,484 homes sold in July 2025, slightly up by 0.09% compared to 3,481 sales in July 2024. The median list price also saw a Continue Reading →

St. Louis City Real Estate Market Overview: July 2025 Update

City of St Louis Real Estate

The St. Louis City real estate market witnessed notable fluctuations in June 2025. Homes sold for a median price of $259,000, marking a 5.13% decrease from June 2024, when the median sold price was $273,000. However, this figure also represents a significant increase of 12.61% compared to May 2025, where the median sold price stood at $230,000. The median list price in June 2025 was $255,000, showing a decrease of 5.52% from $269,900 in June 2024.

In terms of sales volume, the St. Louis City market experienced a growth, with 291 homes sold in June 2025—an increase of 7.78% from Continue Reading →

Franklin County Real Estate Market Sees Continued Growth in July 2025

The Franklin County real estate market has shown promising growth as of July 2025, with significant increases in home prices and sales compared to the previous year. In June 2025, homes in Franklin County sold for a median price of $261,500, marking a 7.84% increase from June 2024, when the median sold price was $242,500. This increase is also slightly higher than the median sold price in May 2025, which was $259,900, demonstrating a steady month-over-month growth of 0.62%.

The median list price in June 2025 was $259,950, reflecting a 4.40% rise from $249,000 in June 2024. Additionally, the number Continue Reading →

Jefferson County Real Estate Market Update: July 2025 Trends and Insights

jefferson County Real Estate

The Jefferson County real estate market experienced a slight dip in home prices in June 2025, with the median sold price settling at $285,000, a decrease of 1.48% from June 2024’s median of $289,295. This price also reflects a notable 4.98% drop from May 2025, where the median was higher at $299,950. Despite the decrease in sold prices, the median list price in June 2025 saw a modest rise to $284,900, up 1.79% from the previous year, indicating a resilient listing confidence among sellers.

The volume of home sales remained steady with 249 homes sold in June 2025, mirroring the Continue Reading →

Metro East Update: Real Estate Market Sees Notable Growth in July 2025

The Metro East real estate market experienced significant growth in June 2025, with home sales and prices showing robust increases. Homes in the Metro East area sold for a median price of $227,000, marking a 2.71% rise from June 2024’s median of $221,000. This price also reflects a substantial 10.73% increase from May 2025, when the median sold price was $205,000. The median list price followed suit, climbing to $225,000, up 4.65% from the previous year.

In terms of sales volume, June 2025 saw 721 homes sold, representing a 16.10% increase from the 621 transactions recorded in June 2024. This Continue Reading →

St. Charles County Real Estate Market Update: July 2025 Insights

The St. Charles County real estate market has experienced subtle yet consistent growth as of June 2025. The median selling price of homes reached $373,200, marking a 0.86% increase from June 2024’s median of $370,000. This price also reflects a steady rise from May 2025, maintaining the same 0.86% growth rate. Prospective buyers saw a slight uptick in median list prices, which escalated to $369,995 in June 2025, up by 1.37% from the previous year.

Despite the rising prices, the volume of home sales showed a minimal decline. In June 2025, the county recorded 516 home sales, slightly down by Continue Reading →

July 2025 Update: St. Louis MSA Real Estate Market Trends

The St. Louis Metropolitan Statistical Area (MSA) real estate market experienced subtle shifts in June 2025. Homes sold for a median price of $290,001, showing a slight decrease of 2.68% compared to June 2024 when the median price was $298,000. This trend continued from May 2025, where there was a modest decline of 0.69% from a median sold price of $292,015. The median list price also saw a minor reduction to $289,500, down 0.14% from June 2024’s median of $289,900.

Despite the dip in prices, the volume of home sales in the region indicated a more positive note, with 3,299 Continue Reading →

St. Louis MSA Defies National Trend, Remains Surprisingly Affordable in New Report

St Louis Housing Affordable

ATTOM’s latest U.S. Home Affordability Report for Q2 2025 puts numbers to what many already feel: homeownership just keeps getting tougher across the country. Nationally, median home prices hit a record $369,000, and the share of wages needed for typical homeownership expenses jumped to 33.7% , well above the 28% threshold generally considered affordable. But in the St. Louis metro area, affordability is holding up better than many might expect. According to ATTOM, most of the counties making up the St. Louis MSA still fall under the 28% affordability benchmark. Jefferson County, MO, St. Clair and Madison Continue Reading →

June 2025 St. Louis Real Estate Market Update: Insights into Home Sales and Prices

City of St Louis Real Estate

The St. Louis real estate market has shown nuanced shifts in May 2025, with the median home selling price reaching $230,000, a slight increase of 0.88% compared to May 2024. This price reflects stability in the market, albeit slightly down by 4.17% from April 2025, where the median selling price was $240,000. The median list price, however, saw a more positive year-over-year growth, setting at $230,000 in May 2025, up by 3.39% from the previous year.

In terms of sales volume, St. Louis experienced a slight decrease, with 329 homes sold in May 2025, down by 3.80% from 342 homes Continue Reading →

Metro East Real Estate Market Sees Price Increase in May 2025 Despite Sales Decline

The Metro East real estate market showcased a significant increase in home prices in May 2025, with the median sold price reaching $205,000, marking a 5.13% rise from May 2024’s median of $195,000. This price also reflects a substantial 7.33% increase from April 2025, where the median sold price was $191,000. Despite the rising prices, the total number of home sales experienced a sharp decline, with only 395 homes sold in May 2025 compared to 700 in the same month the previous year, representing a 43.57% decrease.

The median list price for homes followed a similar upward trend, setting at Continue Reading →

June 2025 STL MSA Real Estate Market Update: Median Sale Prices See Significant Growth

The St. Louis Metropolitan Statistical Area (STL MSA) real estate market demonstrated robust growth in May 2025, with median home sale prices reaching $292,500, marking an 8.33% increase from May 2024. This growth is also evident when compared to the previous month, April 2025, where the median sale price was $275,000, showing a 6.36% monthly increase. The median list price also saw a substantial rise to $289,450, up 9.23% from the previous year.

Despite the increase in prices, the number of home sales experienced a decline, with 2,968 homes sold in May 2025, down 13.57% from 3,434 sales in May Continue Reading →

St. Louis Metro Area Real Estate Trends: A Look at YTD Home Sales in 2025

The St. Louis metropolitan area, encompassing counties in both Missouri and Illinois, has witnessed a notable shift in its real estate market this year. As of the end of May 2025, the region recorded 12,375 home sales, marking an 8.66% decrease compared to the 13,548 homes sold during the same period in the previous year. This downturn reflects broader market dynamics and could influence both potential home buyers and sellers in their decision-making processes.

Despite the year-over-year decline, the current sales figures present a robust market scenario compared to historical data. For those interested in the specifics of local trends, Continue Reading →

St. Louis County Real Estate Market Sees Significant Price Growth in June 2025

St Louis County Real Estate

The St. Louis County real estate market experienced notable price increases in May 2025, according to the latest data. Homes sold for a median price of $301,900, marking a sharp rise of 9.78% compared to May 2024, when the median sold price was $275,000. This increase is also a significant 11.81% jump from April 2025’s median sold price of $270,000. The median list price followed a similar upward trend, reaching $294,900 in May 2025, up 11.28% from $265,000 in the same month last year.

Despite the rise in prices, the number of home sales in St. Louis County saw a Continue Reading →

St. Charles County Real Estate Market Sees Price Increase in May 2025

The St. Charles County real estate market experienced a notable increase in home prices in May 2025. The median sold price for homes reached $370,000, marking a 5.41% rise from May 2024’s median of $351,000. This increase also represents a 2.78% growth from April 2025, where the median sold price was $360,000. Meanwhile, the median list price saw an uptick to $373,950, which is 6.84% higher compared to the same period last year.

Despite the rise in prices, the number of homes sold in May 2025 slightly decreased by 3.26%, with 504 homes sold compared to 521 in May 2024. Continue Reading →

Franklin County Real Estate Market Update: June 2025 Insights

The Franklin County real estate market witnessed subtle yet noteworthy changes in May 2025. The median sold price for homes reached $260,700, marking a slight increase of 0.27% from May 2024, when the median was $260,000. However, this figure shows a decrease of 2.81% compared to April 2025, where homes were selling at a median price of $268,250.

In terms of market activity, there were 130 home sales in May 2025, reflecting a growth of 5.69% from the 123 sales recorded in May 2024. Meanwhile, the median list price experienced a minor dip, settling at $257,450, down by 0.94% Continue Reading →

Jefferson County Real Estate Market Update: June 2025 Insights

jefferson County Real Estate

The Jefferson County real estate market has experienced significant changes as of May 2025, with the median home selling price reaching $300,000, a notable increase of 13.21% from the previous year. This upward trend is also evident from April 2025, where the median sold price was $290,000, marking a 3.45% rise. Despite the higher prices, the number of homes sold in May 2025 saw a decrease, with 241 homes sold compared to 284 in May 2024, a drop of 15.14%.

The median list price in May 2025 stood at $295,900, showing a robust growth of 13.81% from $260,000 in May Continue Reading →

St. Louis City Real Estate Market Update: June 2025 Insights

City of St Louis Real Estate

The St. Louis City real estate market has shown varied dynamics as of May 2025. Homes sold for a median price of $230,000, marking a slight increase of 0.88% from May 2024, when the median sale price was $228,000. This figure, however, reflects a decrease of 4.17% compared to April 2025, when homes were selling at a median price of $240,000. The median list price in May 2025 also showed an upward trend, standing at $230,000, which is a 3.39% increase from the previous year’s $222,450.

In terms of sales volume, there were 329 home sales in May 2025, a Continue Reading →

Missouri Leads Nation as Real Estate Investors Sell Off Record Number of Homes

Investors offloading property in St Louis

Last year saw a record-setting shift in the housing market as real estate investors unloaded homes at a pace we haven’t seen in over two decades. According to the 2025 Investor Report released by Realtor.com, nearly 11% of all U.S. home sales in 2024 came from investors—the highest level since this data began in 2001. Unlike during the pandemic boom, this uptick wasn’t about cashing in on appreciation. It was about cutting losses in a softer market with declining rents.

Missouri was at the epicenter of this trend, tying with Oklahoma for the highest percentage of investor sales at 16.7%. Continue Reading →

May 2025 St. Louis County Real Estate Market Sees Price Increase Despite Sales Dip

St Louis County Real Estate

The St. Louis County real estate market displayed mixed signals in April 2025, with home prices continuing to climb even as sales volumes decreased. According to the latest data, the median sold price for homes in St. Louis County reached $285,000, marking a 7.55% increase from April 2024’s median of $265,000. This price also shows a growth of 3.64% compared to March 2025, where the median was $275,000. Meanwhile, the median list price saw a rise to $275,000, up by 7.86% from the previous year.

However, the number of home sales tells a different story. April 2025 saw 811 homes Continue Reading →

St. Louis Metro Area Real Estate Trends: A Look at YTD Home Sales in 2025

The St. Louis metropolitan area, encompassing counties in both Missouri and Illinois, has experienced a shift in its real estate market dynamics as of April 2025. This year, the region recorded a total of 7,926 homes sold, marking an 8.59% decrease compared to the 8,671 homes sold during the same period in the previous year. This change reflects various factors influencing the local market, providing potential home buyers and sellers with critical insights into current trends.

Despite the year-over-year dip, the St. Louis real estate market continues to offer diverse opportunities for both buyers and sellers. For those interested in Continue Reading →

Jefferson County Real Estate Market Sees Price Increase in April 2025

jefferson County Real Estate

The Jefferson County real estate market witnessed a notable increase in home prices during April 2025. Homes sold for a median price of $285,000, marking a 7.26% rise from April 2024 when the median sold price was $265,700. This price also represents a significant 11.76% increase compared to March 2025, where the median sold price stood at $255,000. The median list price followed suit, reaching $279,900, which is a 6.62% increase from the previous year’s $262,527.

However, despite the rising prices, the number of home sales experienced a downturn. There were 187 home sales in April 2025, showing a decrease Continue Reading →

Metro East Update: Real Estate Market Trends as of May 2025

The Metro East real estate market has shown notable growth in April 2025, with the median home selling price reaching $193,000, a 5.46% increase from April 2024. This upward trend is also evident from the month-to-month comparison, where there was a 4.64% rise from March 2025’s median sold price of $184,450. While sales prices are climbing, the number of homes sold in April 2025 experienced a slight decrease, with 595 homes sold compared to 635 in the same month last year, reflecting a 6.30% drop.

The median list price for homes also saw an increase, reaching $192,500 in April 2025, Continue Reading →

St. Charles County Real Estate Market Sees Continued Growth in May 2025

The real estate market in St. Charles County has demonstrated robust growth as of May 2025, with significant increases in both median sold and list prices compared to the previous year. In April 2025, homes in St. Charles County sold for a median price of $375,000, marking a 4.17% increase from April 2024, when the median sold price was $360,000. This figure also represents a 1.35% rise from March 2025, where the median sold price was $370,000.

The median list price in April 2025 reached $374,400, up by 6.97% from $350,000 in April 2024. Additionally, the number of home sales Continue Reading →

Is St. Louis Still Affordable? See How Missouri and Illinois Stack Up in New Housing Report

Housing Affordability

According to a recent report by Realtor.com, Missouri and Illinois rank in the middle of the pack when it comes to home affordability, with Missouri landing at #22 and Illinois at #30 among all 50 states and the District of Columbia. While neither state earned a top grade, both remain relatively affordable compared to coastal and western markets. Missouri received a “C” grade with a REALTORS® Affordability Score of 0.82 and a median listing price of $298,696. Illinois, also graded “C”, had a slightly higher affordability score of 0.86, a median home price of $316,613, and a notably higher median Continue Reading →

Franklin County Real Estate Market Sees Price Increase in May 2025

The Franklin County real estate market experienced a notable increase in home prices in April 2025, with the median sold price reaching $267,500. This reflects an 8.98% rise from April 2024, where the median price was $245,450, and a slight increase of 0.13% from March 2025. Meanwhile, the median list price also saw a growth, setting at $270,950 in April 2025, up by 9.03% from the previous year.

Despite the rise in prices, the number of homes sold in Franklin County decreased by 16.36% year-over-year, with 92 homes sold in April 2025 compared to 110 in the same month last Continue Reading →

St. Louis City Real Estate Market Sees Price Increase in April 2025

City of St Louis Real Estate

The St. Louis City real estate market demonstrated a robust increase in home prices during March 2025, according to the latest data. Homes sold for a median price of $220,000, marking a significant 4.76% rise from the previous year’s median of $210,000. This upward trend is further highlighted by a 10.03% increase from February 2025, where the median sold price was $199,950. Additionally, the median list price in March climbed to $222,450, up 11.23% from $200,000 in March 2024.

Despite the increase in prices, the number of home sales experienced a slight decline. There were 206 homes sold in March Continue Reading →

St. Louis County Real Estate Market Sees Significant Price Increase in April 2025

St Louis County Real Estate

The St. Louis County real estate market has experienced notable growth in property values, according to the latest data. In March 2025, homes in St. Louis County sold for a median price of $275,000, marking a substantial increase of 16.92% compared to March 2024, when the median sold price was $235,200. This rise also reflects a 10.00% increase from February 2025, which had a median sold price of $250,000.

Furthermore, the median list price for homes was $271,000 in March 2025, up by 17.88% from $229,900 in the same month the previous year. Despite these higher prices, the number of Continue Reading →

St. Louis Metro Area Real Estate Trends: A Look at YTD Home Sales in 2025

The St. Louis metropolitan area, spanning counties in both Missouri and Illinois, has experienced a slight shift in its real estate market this year. Through the end of March 2025, the region recorded 6,018 homes sold, marking a 6.25% decrease compared to the 6,419 homes sold during the same period in the previous year. This change reflects the dynamic nature of the local real estate market, which can fluctuate due to a variety of economic and environmental factors.

Despite the recent dip, the St. Louis real estate market continues to offer substantial opportunities for both buyers and sellers. Those interested Continue Reading →

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