There were 31,960 homes sold in the St. Louis metro area during the 12-month period ending March 31, 2024, as the chart below from MORE, REALTORS® exclusively illustrates. This represents a 25% decline from the number of sales for the same period a year ago. While this is a slight increase from the 12-month sales low of 31,775 homes for the period ending December 31, 2023, it’s the lowest sales volume for this period since March 2015. Based on the chart, it appears that the trend of declining home sales has ended, as it has remained fairly flat over the last 8 months.
During the most recent 12-month period, homes in the St. Louis metro area sold for a median price of $170 per foot, marking an increase of about 7.5% from the same period a year ago.
St Louis MSA 12-Month Home Sales and Price Trend – Past 15 Years (Chart)
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