St Louis home prices keeping pace with national average

By Dennis Norman, on August 28th, 2012

st-louis-realtor- The S&P/Case-Shiller report was published today showing that U.S. home prices increased 6.9 percent in the 2nd quarter of 2012 from the quarter before. That’s great, but St. Louis is not included in their 10 nor 20 city index so it doesn’t tell us how we are doing here in St. Louis. Fortunately we have the market data available to see how St. Louis stacks up and, I’m happy to say (as the chart below shows), St. Louis home prices, with a 5.2 percent increase from the 1st quarter of 2012 to the 2nd quarter, is only running a little behind the national average!

st-lous-home-prices-2012
To see how St. Louis home prices compare with the cities included in the Case Shiller report, see the table below:

case-shiller-home-prices

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