In spite of having been in a low-inventory market for the past few years, home sales in St Louis have continued strong. In fact, as the home sales trend chart below, exclusively available from MORE, REALTORS®, shows home sales trend for the 12-month period ending February 28th was at the highest level in over 10-years.
The chart includes the St Louis 5-County core market (the city of St Louis and the counties of St Louis, St Charles, Franklin, and Jefferson) and shows that for the 12-month period ending last month there were 28,571 homes sold (distressed home sales have been excluded). This is slightly above the 12-month period ending the month before when there were 28,492 homes sold.
[xyz-ips snippet=”Homes-For-Sale”]
To put things in perspective, if you look at the low point for the 10-year period, June 2011, you will see there were just 11,370 homes sold in the 12-month period ending in that month. We’ve definitely come a long way since the market bottomed out in 2011!
St Louis Core Market – Home Sales Trend For 3/01/11 – 2/28/21
[xyz-ips snippet=”Homes-For-Sale”]
