St Louis Home Sales Trend Lowest In 2-Years with YTD Sales 9 Percent Lower Than Last Year

By Dennis Norman, on September 28th, 2022

There are many headlines out there talking about home sales down 20% from last year on a national level but here in St Louis we are not seeing as large of a decline in home sales.  As the chart below shows, for the 12-month period ended August 31, 2022, there were 27,891 homes sold in the St Louis 5-county core market, which as the trend line (dark green) depicts is a declining trend we’ve seen for the past 11 months now.  This 12-month trend is the lowest trend since September 2020 when there were 27,572 homes sold in the prior 12-months.  However, year to date there are have been 17,480 homes sold in the St Louis area (lighter green line on the chart) which is only a little over 9% less than this time last year when there were 19,875 homes sold.

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St Louis 5-County Core Market – 12-Month Home Sales Trend and YTD Home Sales

(click on chart for live, interactive chart)

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