If you’re considering buying or selling property in the St. Louis metropolitan area, staying informed about the fastest moving markets is crucial. Leading the pack is zip code 63026 in Jefferson, St. Louis, MO, showcasing an impressive average market duration of just 16 days for its 12 active listings, with homes priced around $281,467 on average. Not far behind, zip code 63043 in St. Louis, MO, matches the 16-day market pace with 6 listings, demonstrating a high demand among potential homebuyers. Additionally, the 63038 area, also in St. Louis, MO, with its 6 listings, follows closely with homes averaging 17 days on the market.
For those looking to capitalize on these hot markets, whether buying a new family home or selling one, understanding these trends can significantly influence your decision-making process. The complete list of the fastest selling zip codes, which can provide further insights into where properties are moving quickly, is available through MORE, REALTORS®. This information is essential for anyone looking to make a prompt and informed real estate decision in the vibrant St. Louis region.
The Jefferson County real estate market has experienced subtle shifts as of March 2025. Homes in the area sold for a median price of $255,300, marking a slight decrease of 0.27% compared to March 2024, when the median sale price was $256,000. This recent figure also represents a significant drop of 6.14% from February 2025, where the median sales price stood at $272,000. Despite the dip in sold prices, the median list price showed an upward trend, settling at $259,950, which is a 4.02% increase from the previous year’s $249,900.
In terms of sales volume, there were 186 homes sold in March 2025, reflecting a decrease of 4.62% from the 195 homes sold in March 2024. These figures suggest a tightening market in Jefferson County. For a detailed visual representation, refer to the chart below, which illustrates these trends and is available exclusively from MORE, REALTORS®. This data is crucial for potential buyers and sellers in the area to understand the current market dynamics as they make informed decisions in the Jefferson County real estate market.
A recent survey from Knightvest Capital highlights a clear shift in the mindset of today’s renters—nearly half (48%) now view renting as a deliberate lifestyle choice rather than just a financial necessity. Even more telling, 42% of renters say they expect to remain tenants for five years or more. It’s a strong indication that the flexibility, lower maintenance, and built-in community aspects of renting are becoming more appealing—especially when compared to the demands of homeownership.
One of the more surprising takeaways from the report is that nearly a third (31%) of current renters previously owned a home. That tells us this isn’t just about affordability—it’s a lifestyle decision. These trends carry real implications for property owners, managers, and multifamily investors here in the St. Louis area.
As more tenants settle into renting for the long haul, expectations are rising. Renters are looking for well-maintained properties in locations that make sense for their daily lives, with amenities that add value. Strong property management and a sense of community are key factors that help attract and retain long-term tenants.
For anyone investing in or managing rental property in the St. Louis metro area, the message is clear—quality matters more than ever. The infographic from the Knightvest Capital study is included below and offers a snapshot of the evolving preferences among today’s renters.
And if you’re thinking about investing in rental property or need help managing one you already own, the experienced agents at MORE Realtors INLINE TEXT Link – goes to agent website MORE, REALTORS®.
If you’re considering buying or selling a home in the St. Louis metropolitan area, understanding the local real estate dynamics can greatly influence your decision. The fastest selling school district currently is Pontiac-W Holliday DIST 105 in Fairview Heights, IL, showcasing an impressive average market time of just 5 days for its listings. With only 3 homes listed, and an average list price of $261,633, this district is a hotspot for rapid real estate transactions. Following closely is Richwoods R-VII in Missouri, where homes average just 6 days on the market, and Valley Park in Valley Park, MO, with homes averaging 7 days on the market across 4 listings.
For those interested in exploring more about these areas or other fast-selling districts, MORE, REALTORS® provides a comprehensive list that can guide potential buyers or sellers. This information not only highlights the demand in these districts but also helps in making informed decisions swiftly. Whether you are looking to invest in a family home or considering selling your property, knowing where homes sell quickly can be a crucial factor in navigating the real estate landscape of the St. Louis area.
Zillow’s new policy, set to take effect in May 2025, takes a hard stance against listings that are marketed publicly without being listed on the MLS and displayed via MLS feeds. Zillow says it’s about fairness and protecting consumers. But is it? Or is it about consolidating control of listing visibility under the guise of transparency? And with Zillow now operating as a licensed brokerage—and a member of many MLSs—is this policy actually benefiting consumers, or simply solidifying Zillow’s role as a gatekeeper?
Zillow claims alignment with NAR’s Clear Cooperation Policy, but that claim deserves a closer look. NAR’s recent revision—specifically its creation of the Delayed Marketing – Exempt Listing category—was designed to give sellers more flexibility. Under that rule, listings can be publicly marketed but kept off the MLS for a limited time, with the caveat that they be accessible through a broker’s VOW. Zillow’s new rule goes beyond NAR’s, rejecting listings that follow NAR’s delayed marketing policy if they aren’t also fed through the MLS. So is Zillow really following NAR’s lead—or are they charting their own, more restrictive path?
This raises a number of questions that the industry—and consumers—should be asking. Is Zillow’s new policy truly pro-consumer, or does it limit choice and access by filtering listings through only the channels it chooses to recognize? Is it fair to require listings to be on the MLS and publicly syndicated in order to be seen on the largest home search platform? Is this policy aimed at leveling the playing field, or is it about limiting the options brokerages have in how they market homes? Could Zillow’s alignment with MLS feeds—while shutting out VOW-only listings—put it in violation of fair competition principles?
And what about the relationship between Zillow and NAR? While Zillow cites NAR’s policy to justify its actions, it seems to be implementing a stricter version of it. Is this a coincidence—or are we witnessing a deeper collaboration between the country’s largest real estate platform and its most powerful trade group? Are there antitrust implications when dominant platforms and associations appear to move in sync in ways that reduce listing flexibility and centralize control?
Perhaps the most important question of all is this: Who wins in this new environment? Is it the consumer, who may get a more uniform home search experience—but possibly fewer listings to choose from? The agent, who now has fewer tools for pre-marketing a home? The MLS, which benefits from more required listing input? Or Zillow itself, which sits at the center of it all, deciding what gets seen and what doesn’t?
As this policy rolls out next month, agents, brokers, and consumers alike would do well to dig beneath the surface. At MORE, REALTORS®, we’re watching these developments closely—not just to understand what’s changing, but to ask the tough questions about why, and who it ultimately serves.
The St. Louis metro area housing market saw a meaningful uptick in activity this March, driven by rising inventory and strong buyer engagement. New listings rose 11% year-over-year, reaching 3,301 compared to 2,987 in March 2024. This increase was met with even more robust buyer response—newly accepted contracts surged by 26%, jumping from 3,503 to 4,424.
This demand-side strength is translating into higher prices. The median sold price over the past 12 months climbed 6.55% to $270,000. Even with slightly more inventory (a 1.5-month supply and 7,547 active listings), homes are still moving quickly, spending a median of just 22 days on the market. That’s consistent with a seller-friendly environment, and the current price-per-square-foot trend remains on an upward trajectory.
📈 What’s Next? With contracts outpacing new listings in March, buyer competition remains intense. Expect continued price pressure and fast sales this spring unless inventory increases further.
Mortgage interest rates have bounced back after briefly dipping earlier this month, but there’s more to the story—especially for St. Louis home buyers. One key factor keeping rates from climbing even higher? The recent postponement of tariffs, which has helped ease economic pressure and may be keeping mortgage rates from surging faster.
As of today, the average rate for a 30-year fixed-rate conventional loan is around 6.95%, with FHA loans at 6.42% and VA loans at 6.45%. These numbers reflect an uptick from the recent low of about 6.40% on April 4th, but still sit below the 7.16% average we saw at the start of the year and 7.24% one year ago. Of course, we’re still a long way from the 3.33% rates buyers enjoyed just four years ago.
Why does this matter to local buyers and homeowners? Because mortgage rates directly affect buying power. When rates rise, monthly payments go up, which can price some buyers out of the market or force them to scale back their home search. Conversely, falling or stable rates tend to support home prices by allowing buyers to afford more house.
While rates are still elevated compared to historic lows, the tariff delay may be helping avoid even sharper increases. That’s good news for St. Louis buyers hoping to catch a break.
Looking at the St. Louis market specifically, there’s a clear relationship between interest rates and home prices. Our local data shows selling prices rose from $202,000 in April 2020 to $222,000 by August 2020, driven in part by the ultra-low-rate environment at the time. As rates climbed in 2023 and 2024, price growth slowed, and affordability concerns crept in.
We’ve included live, interactive interest rate charts below so you can see how today’s rates compare to previous years and track trends in real time. These tools are especially helpful if you’re trying to time your move—or just want to better understand the broader economic forces at play.
Bottom line: mortgage rates have nudged back up, but without the tariff postponement, it could’ve been worse. Stay tuned—any future policy changes could further impact the direction of rates and the St. Louis housing market.
If you’re thinking about buying or selling in this shifting environment, MORE, REALTORS® is here to help. We specialize in clear, data-driven insights and local expertise to guide your next move.
If you’re a homebuyer or seller in the St. Louis area, heads up—there’s something going on in Washington that may affect your next move in a bigger way than you think.
The Department of Justice just appointed Roger Alford to a top antitrust role. He’s not a household name, but he’s someone who’s been deep in the fight over real estate commissions and how homes get marketed. He played a key role in the massive $1.8 billion verdict in the Sitzer/Burnett case here in Missouri—where a jury said real estate commissions were being artificially inflated by the industry.
So what’s this mean for you?
In plain terms: the way homes are bought and sold is changing, and the DOJ is pushing that change forward. We’re likely to see pressure to break down rules that limit how sellers can market their homes and how buyers find them—especially when it comes to FSBO (For Sale By Owner) listings. Alford’s already criticized laws that block FSBO sellers from advertising on big platforms like Zillow and Redfin. That’s good news for consumers who want more options.
We’re also likely to see more flexibility in how commissions work. That doesn’t mean agents go away—it means buyers and sellers might have more say in what they pay, and how they structure their deals. And the agents who are upfront about costs, focus on value, and act as true advisors—not just middlemen—will rise to the top.
The DOJ has its sights set on rules and practices that limit competition, like the MLS Clear Cooperation Policy and others that were designed to protect the system as it’s always been. Alford’s appointment is a signal that the government wants to open that system up and give consumers more control.
Here in St. Louis, we’ve already seen how these national issues hit close to home. So if you’re in the market—buying or selling—this is the time to work with professionals who get it. The landscape’s shifting. The old ways are under pressure. And the best agents are the ones leaning into change, not resisting it.
At MORE, REALTORS®, that’s how we operate. We’ve always believed in transparency, client-first service, and helping you make smart, informed decisions—whether you’re working with one of our experienced agents or going the FSBO route and just need the right support. If you want a real estate experience that respects your choices and puts your interests first, we’re here to help.
The Metro East real estate market has shown subtle yet noteworthy changes as of March 2025. The median sold price for homes reached $184,450, a slight increase of 0.24% from March 2024’s median of $184,000. This also marks a more significant rise of 2.47% compared to February 2025, where the median sold price was $180,000. On the other hand, the median list price in March 2025 edged up to $185,000, reflecting a marginal growth of 0.05% from the previous year.
However, the volume of home sales experienced a downturn, with 530 homes sold in March 2025, down by 9.86% from 588 sales in March 2024. This shift indicates a cooling in the number of transactions, despite the stable growth in home prices.
For a detailed visual representation of these trends, refer to the chart below, which is available exclusively from MORE, REALTORS®. This chart provides an in-depth look at the pricing and sales dynamics of the Metro East real estate market, offering valuable insights for both buyers and sellers. As always, for further information and expert real estate services in St. Louis, MO, consider reaching out to MORE, REALTORS®, your trusted local real estate experts.
As of April 2025, the St. Louis real estate market is witnessing subtle shifts in mortgage rates, critical for both potential home buyers and current homeowners considering refinancing. The 30-year fixed mortgage rate has seen a slight increase to 6.85%, a change of +0.03% from the previous figure. Similarly, the 15-year fixed rate has adjusted upward by +0.04%, now standing at 6.24%. These changes indicate a modest tightening in borrowing costs, which could influence buyer affordability and market dynamics in the St. Louis area.
For those looking at more substantial home purchases, the 30-year jumbo loan rate remains steady at 6.90%, reflecting the market’s stability for higher-priced properties. Alternatively, the 30-year FHA rate, often favored by first-time homebuyers for its lower down payment requirements, is notably lower at 6.23%. Additionally, the adjustable rate mortgage (ARM), specifically the 7/6 SOFR ARM, is currently at 6.33%, offering a potentially lower rate option for buyers expecting to move or refinance within a shorter period.
For a detailed view of how these rates compare to historical trends, click the chart button below. This information, provided by MORE, REALTORS®, is essential for making informed decisions in the St. Louis real estate market. Whether you are buying, selling, or refinancing, staying updated on the latest mortgage rate trends is crucial in navigating the complexities of the housing market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.85%
+0.03%
15 Yr. Fixed
6.24%
+0.04%
30 Yr. FHA
6.23%
+0.03%
30 Yr. Jumbo
6.90%
+0.02%
7/6 SOFR ARM
6.33%
+0.02%
30 Yr. VA
6.25%
+0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 9, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The St. Louis Metropolitan Statistical Area (MSA) real estate market demonstrated notable growth in property values in March 2025. Homes sold for a median price of $265,500, marking a significant 6.20% increase from the previous year’s median of $250,000. This price point also reflects a consistent rise from February 2025, which saw the median sold price at the same level, indicating a stable upward trend in housing prices.
While home prices surged, the total number of home sales exhibited a slight decline. In March 2025, there were 2,347 homes sold, down 7.27% from the 2,531 transactions recorded in March 2024. The median list price for homes also escalated to $265,000, up 8.16% from $245,000 in the same month the previous year, suggesting a strong seller’s market.
For a detailed visual representation of these trends, refer to the chart below, which is available exclusively from MORE, REALTORS®. This chart provides an in-depth look at the changes in the St. Louis MSA real estate market, helping buyers and sellers make informed decisions. Stay updated with the latest market trends by visiting our website or contacting a MORE, REALTORS® professional.
The St. Charles County real estate market has experienced subtle shifts in pricing and activity as of March 2025. Homes in the area sold for a median price of $370,000, reflecting a slight decrease of 0.24% compared to March 2024, when the median sold price was $370,900. However, this price represents an increase of 1.71% from February 2025, where the median sold price stood at $363,779. The median list price also saw an upward trend, settling at $369,700 in March 2025, marking a 1.29% increase from the previous year’s $365,000.
In terms of sales volume, there were 342 home sales in March 2025, showing a decrease of 2.01% from the 349 sales recorded in March 2024. This data suggests a competitive market with fluctuating prices and a slightly reduced sales activity. For a detailed visual representation of these changes, refer to the chart below, which is available exclusively from MORE, REALTORS®. This chart provides an in-depth look at the pricing trends and sales volumes, helping potential buyers and sellers make informed decisions in the St. Charles County real estate market.
The Franklin County real estate market experienced notable growth in property values during March 2025. Homes sold for a median price of $267,150, marking an 8.16% increase compared to March 2024, when the median sold price was $247,000. This upward trend is also evident from the month-to-month comparison, as there was a 4.76% rise from February 2025’s median sold price of $255,000.
The median list price for homes followed a similar trajectory, reaching $270,000 in March 2025, which is an 8.43% increase from the previous year’s $249,000. Despite the rise in prices, the number of home sales saw a slight decrease, with 78 homes sold in March 2025, down 8.24% from 85 sales in the same month last year.
For a detailed visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This chart offers a clear view of the evolving real estate landscape in Franklin County, providing invaluable insights for both buyers and sellers in the region. As always, for more information and expert guidance on navigating the Franklin County real estate market, turn to MORE, REALTORS®, your trusted local experts.
There’s been a significant appointment at the Department of Justice that should grab the attention of everyone in the real estate industry. Roger Alford, a Notre Dame law professor with deep antitrust experience and a key expert witness in the 2023 Sitzer/Burnett case against NAR, has been named Principal Deputy Assistant Attorney General for the DOJ’s Antitrust Division. That’s a strong signal of where things may be heading.
Alford has made his views on NAR’s practices clear—particularly the Clear Cooperation Policy and MLS rules that tie access to REALTOR® membership. In his testimony and published work, he’s criticized these as tools to maintain monopoly control, limit competition, and prevent innovation. With Alford helping lead the Antitrust Division, it’s likely we’ll see increased federal pressure on longstanding industry practices.
Here in the St. Louis metro area, MARIS—our regional MLS—has taken a forward-looking stance. MARIS, which serves the metro and surrounding areas, has been actively working to address key issues early and stay ahead of regulatory changes. As Vice Chairman of the MARIS Board, I’ve seen firsthand the effort to prioritize transparency, flexibility, and broker protection while preparing for what’s ahead.
Real estate is changing fast, and those who adapt will thrive. At MORE, REALTORS®, we continue to push for transparency and consumer-first practices while equipping agents with tools and coaching to compete in this evolving landscape. Stay tuned—we’ll be ready for what comes next.
New home construction activity in the St. Louis area shows mixed results for the 12-month period ending February 2025, compared to the previous year. According to the latest data, single-family home permits across the region totaled 3,993, marking an increase of about 13.3% from the 3,525 permits recorded in the prior period.
Notably, St. Louis County experienced a significant increase of 30.4%, rising from 506 to 727 permits. St. Charles County also saw healthy growth, increasing permits by 11.88% from 1,328 to 1,507. The City of St. Louis similarly showed robust growth, jumping 43.48% from 322 to 462 permits.
However, several counties recorded declines, including Lincoln County, which faced the most substantial drop, down 81.82%, from 120 to just 66 permits. Warren and Franklin Counties also experienced decreases, falling 8.61% and 8.4%, respectively.
This increase in new home construction can largely be attributed to the ongoing housing inventory shortage in the St. Louis area. Despite recent improvements from historic lows, inventory remains very tight, with less than two months’ supply of homes for sale. This persistent shortage continues to drive strong demand for new housing, prompting builders to ramp up construction to meet buyer needs.
If you’re thinking about buying or selling a home or interested in exploring new construction options, reach out to the professionals at MORE Realtors INLINE TEXT Link – goes to agent website MORE, REALTORS®. They have the expertise and market insights to help you navigate the St. Louis real estate market effectively.
St Louis New Home Building Permits – February 2025
(click on table below for live interactive charts and more data)
A new national survey of experienced real estate agents sheds light on what’s really happening in the market—and what it means for St. Louis buyers, sellers, and investors. According to the data, affordability remains the single biggest concern agents face when looking ahead. Nearly two-thirds (64.2%) say it’s the top challenge over the next five years. With elevated interest rates and prices still outpacing income growth, the path to homeownership is tougher than ever for many buyers.
But it’s not just affordability. Inventory shortages remain a pain point, with 42.8% of agents citing low housing supply as a major issue. This lines up with what we’ve seen in the St. Louis metro area—fewer listings, faster sales, and buyers still competing over move-in ready homes. At the same time, about half of agents surveyed believe that both home sales and prices will rise in 2025. That optimism, while cautious, shows confidence that demand is still there—and that conditions may improve slightly as rates stabilize and more sellers re-enter the market.
Investors and current homeowners should also take note of a few emerging trends. Agents report a steady increase in insurance-related issues during transactions, particularly in high-risk states, and there’s a growing belief (39%) that climate change is influencing where buyers choose to live. While Missouri isn’t on the front lines of hurricanes or wildfires, shifting weather patterns and rising insurance costs could start playing a bigger role locally. Bottom line: Buyers and investors would do well to look beyond the price tag—digging into carrying costs, long-term risk factors, and neighborhood stability is more important than ever. The findings are based on a national survey of agents conducted by Redfin between December 2024 and January 2025.
Today, the National Association of REALTORS® (NAR) announced significant changes to its controversial Clear Cooperation Policy (CCP). After months of debate and scrutiny—from brokers, MLS leaders, agents, and legal experts—NAR introduced the new “Multiple Listing Options for Sellers” policy, which aims to address concerns around consumer choice and market fairness.
I’ve written extensively on why the original CCP faced such strong opposition, notably in my recent article highlighting attorney Michael Ketchmark’s explicit warning to NAR brokers: repeal CCP or face legal action. Ketchmark, lead counsel in the landmark Sitzer lawsuit, clearly indicated that maintaining the CCP could trigger antitrust lawsuits against individual brokers who supported it.
The new policy announced today appears to be NAR’s attempt to address these legal pressures while preserving some of the original intentions behind CCP.
Under the updated policy:
Sellers can now opt for a “delayed marketing exempt listing,” allowing the listing agent to temporarily withhold public marketing through IDX feeds or third-party syndications.
During this delayed period, properties remain accessible within the MLS, enabling agents from other brokerages to share these listings privately with clients.
Each local MLS will determine its own delayed marketing timeframe, catering to regional market needs.
Sellers choosing delayed marketing must sign a disclosure confirming their informed consent to delay broader public exposure.
Notably, NAR also clarified that one-on-one broker communications won’t trigger CCP’s requirements, but multi-broker communications remain classified as public marketing.
While the new policy does introduce more flexibility, from my perspective, it may still miss the mark. In my recent article, I proposed a more balanced solution: creating an “MLS Exclusive” category. This would mandate inclusion of listings within the MLS to ensure broad exposure among professionals, but without public syndication to Zillow, Realtor.com, and countless other public sites. This approach effectively balances privacy needs with fair competition—avoiding potential antitrust pitfalls.
The new NAR policy seems like a half-step toward that goal. It introduces valuable flexibility but still leaves questions about privacy and antitrust vulnerability unanswered. While delayed marketing might address some concerns, it stops short of fully embracing a robust, MLS-exclusive alternative.
As this policy rolls out nationwide—with implementation required by September 30, 2025—it’ll be critical for MLSs, brokers, and agents here in St. Louis and across Missouri to carefully evaluate the implications. The legal landscape remains sensitive, and industry professionals would be wise to consider whether this new policy fully addresses potential legal challenges or merely delays them.
The latest data from the St Louis City real estate market shows a decrease in home prices compared to the same time last year. According to the chart below, exclusively available from MORE, REALTORS®, the median sold price for homes in the St Louis City update was $200,000 in February 2025, a 4.74% decrease from February 2024 when the median sold price was $209,950. This also represents a 10.91% decrease from January 2025, when the median sold price was $224,500.
In addition, the median list price for homes in the St Louis City update was $199,900 in February 2025, a 3.64% decrease from $207,450 in February 2024. This decrease in list price may indicate a more competitive market for buyers.
The number of home sales in the St Louis City update also saw a decrease in February 2025, with 171 home sales compared to 200 in February 2024, a 14.50% decrease. This could be due to a combination of factors such as low inventory and a slower market.
As a trusted real estate company in St Louis, MORE, REALTORS® is committed to providing accurate and timely market data to help buyers and sellers make informed decisions. Stay tuned for more updates on the St Louis City real estate market.
A growing number of real estate brokerages are steering sellers toward private listing networks rather than listing homes on the Multiple Listing Service (MLS). According to a January 2025 Harris/Zillow poll, this shift is happening despite a lack of consumer awareness about what private listings mean—and how they can impact a home sale.
The survey of over 2,000 U.S. adults highlights an alarming trend: most sellers aren’t being given all the facts about listing options. Here’s what you need to know before deciding where to list your home.
Most Sellers Are in the Dark About Private Listings
According to the poll:
68% of Americans who worked with a real estate agent said their agent never explained the difference between the MLS and a private listing network.
63% of sellers who sold within the past five years were recommended to list privately—compared to just 18% of sellers more than five years ago.
This represents a massive shift in how homes are being marketed, with some brokerages choosing to keep listings hidden from the full buyer pool.
Does Keeping a Listing Off the MLS Help Sellers?
The answer is clear: not usually. While some brokerages argue that private listing networks help “control” a sale, the data suggests many sellers regret the decision:
43% of sellers who listed privately ended up switching to the MLS.
Only 35% stuck with the private listing approach, meaning more than half of sellers who used private listings weren’t satisfied with the results.
Why the change of heart? The reality is that homes listed on the MLS attract more buyers, leading to stronger offers and higher sale prices. Research from Bright MLS found that homes listed publicly sell for 17.5% more than those kept off the MLS.
Even when sellers initially preferred a private listing network, 44% changed their minds after learning this fact—a number that jumped to 56% among older sellers.
The survey also confirms what many in the industry already know: buyers want full access to listings.
86% of Americans believe all for-sale home listings should be freely available to buyers.
81% believe bidding wars are more likely when more buyers can view a listing—which is good news for sellers looking to drive up their sale price.
73% agreed that restricting access to listings could lead to discrimination, an issue that could create serious fair housing concerns.
This raises an important question: if consumers overwhelmingly want transparency in home sales, why are some brokerages pushing sellers in the opposite direction?
The Most Important Factor When Choosing an Agent
When sellers choose an agent, they’re looking for one thing above all else: exposure to the largest pool of buyers.
The survey found that:
52% of sellers said getting their home in front of the most buyers was the #1 priority.
Only 21% considered access to an exclusive buyer network important—the very selling point that private listing networks rely on.
In other words, the very reason some agents give for using private listing networks—”targeting the right buyers”—is the exact opposite of what most sellers want.
Bottom Line: Private Listings Benefit Agents, Not Sellers
The data makes one thing clear: private listing networks benefit brokerages more than sellers. They allow firms to keep listings (and commissions) in-house, but at the expense of sellers who could be leaving money on the table.
If you’re selling a home, make sure your agent is working for your best interests, not their brokerage’s bottom line. The MLS remains the best tool for maximizing exposure, generating competition, and getting top dollar for your property.
And if your agent recommends a private listing network? Ask why—then demand to see the data.
The real estate market in St. Louis County is continuing to show strong growth, with the median sold price for homes reaching $250,000 in February 2025. This represents a 13.64% increase from February 2024, when the median sold price was $220,000. The chart below, available exclusively from MORE, REALTORS®, illustrates this upward trend.
The median list price in February 2025 was also up, reaching $249,900. This is a 16.23% increase from the previous year, when the median list price was $215,000. Despite this increase, the market remains competitive and homes are selling quickly.
In February 2025, there were 641 home sales in St. Louis County, a slight decrease of 16.97% from February 2024 when there were 772 sales. This decrease in sales could be attributed to the limited inventory of homes available on the market.
Overall, the St. Louis County real estate market is showing promising signs of growth and stability. With the median sold price and list price both on the rise, now may be a good time for sellers to list their homes. And for buyers, working with a knowledgeable and experienced REALTOR, like those at MORE, REALTORS®, can help navigate the competitive market and find the perfect home.
Are you looking to buy or sell a home in the St. Louis metro area? If so, you’ll want to pay attention to the fastest selling zip codes in the region. According to recent data, the top three zip codes with the shortest average time on the market are 63021 in St. Louis, MO, 62095 in Madison-IL, IL, and 63050 in Jefferson, MO.
In 63021, homes are selling at lightning speed with an average of only 13 days on the market. This zip code also boasts an average list price of $527,146, making it a desirable location for both buyers and sellers. Coming in second is 62095 in Madison-IL, IL, with an average of 17 days on the market for its 7 listings. And in third place is 63050 in Jefferson, MO, where homes are selling in an average of 19 days among its 16 listings. For a complete list of the fastest selling zip codes in the St. Louis metro area, be sure to check out MORE, REALTORS®.
With the real estate market moving at a rapid pace, it’s important for both buyers and sellers to stay informed about the hottest zip codes in the area. Whether you’re looking to purchase your dream home or sell your current property, knowing which areas are in high demand can greatly benefit your real estate goals. So don’t miss out on the opportunity to make a move in these top selling zip codes in the St. Louis metro area.
The National Association of Realtors (NAR) is on the verge of making a pivotal decision about its controversial Clear Cooperation Policy (CCP)—a rule requiring listings to be submitted to a multiple listing service (MLS) within one business day of public marketing. Now, attorney Michael Ketchmark, lead counsel in the landmark Sitzer lawsuit, has issued a stark warning: if NAR brokers vote to maintain the rule, he may take legal action against them.
Ketchmark, in an interview with Inman News, made his stance clear: “It’s my expectation that after this meeting, when this comes to a NAR vote overall, that they’ll do the right thing and remove that policy and let the free market continue to work.” He added that if the rule remains, his firm will scrutinize the motivations of those involved and determine whether anti-competitive behavior is at play. “We’ll take the depositions of the people involved and figure out exactly why they did that and what was the motivation behind it, and then make a decision at that point on how to proceed,” Ketchmark told Inman.
Legal Pressure Mounts Against NAR’s Listing Rules
The Clear Cooperation Policy, introduced in 2020, was originally designed to increase listing transparency and prevent pocket listings, which some argue allow brokers to double-end deals at the expense of consumer choice. However, opponents—including brokers, agents, and consumer advocates—argue that the rule violates antitrust principles by forcing listings into MLSs, thereby restricting homeowner control over marketing strategies.
NAR’s recent $418 million settlement in the Sitzer and related lawsuits has already forced major industry changes, including the decoupling of buyer agent compensation from listing agreements. Now, Clear Cooperation is in the crosshairs as another rule that may not withstand legal scrutiny.
Ketchmark emphasized that his issue is not with NAR itself, which he acknowledged has upheld its obligations under the settlement. Instead, his focus is on individual brokers who would vote to uphold the rule. “I don’t want anybody to suggest or think that I’m threatening the National Association of Realtors,” Ketchmark said, “but what I am saying is that whoever is voting to continue and enforce this rule, if we believe that it is done with anti-competitive goals in mind, that we will take their depositions and will hold anyone who is involved in that responsible.”
A Better Alternative: ‘MLS Exclusive’ Listings
As the debate over Clear Cooperation continues, one practical alternative gaining traction is an “MLS Exclusive” listing category. This approach would require all listings to be entered into the MLS, ensuring maximum exposure to real estate professionals while addressing seller privacy and security concerns.
Unlike traditional “office exclusive” listings—where properties are only shared within a single brokerage—MLS Exclusive listings would still be accessible to every licensed real estate professional in the MLS. For example, in the St. Louis area, MARIS (Mid-America Regional Information Systems) serves over 16,000 real estate professionals, all of whom would have access to MLS Exclusive listings.
This means that a seller’s property could still reach a vast network of professionals actively working with buyers, without being publicly displayed on thousands of websites like Zillow, Realtor.com, or IDX feeds on brokerage sites. For sellers who value privacy—such as high-profile individuals, those facing personal security concerns, or those in sensitive situations like divorce or estate sales—this provides an ideal balance between market exposure and confidentiality.
This solution eliminates the anti-competitive concerns of private “pocket listings” while preserving the seller’s right to control how their home is marketed. It also ensures that real estate professionals remain central to the transaction, offering expert guidance to both buyers and sellers without unnecessary public exposure.
The Future of Clear Cooperation
With NAR expected to vote on the policy by the end of the month, the fate of Clear Cooperation—and potentially more lawsuits—hangs in the balance. If Ketchmark follows through with legal action, brokers who support keeping the policy may find themselves on the defensive in court. Meanwhile, the industry must consider whether MLS Exclusive listingsoffer a more viable solution that protects both consumer choice and market integrity.
Are you looking to buy or sell a home in the St. Louis metropolitan area? If so, you’ll want to pay attention to the fastest selling school districts in the region. According to recent data, the top three school districts with the fastest home sales are Valley Park in Valley Park, MO, Wood River-Hartford DIST 15 in Wood River, IL, and Crystal City 47 in Crystal City, MO.
In Valley Park, homes are flying off the market with an average of just 1 day on the market for 4 active listings. With an average list price of $239,475, this district offers a great opportunity for both buyers and sellers. Coming in at a close second is Wood River-Hartford DIST 15, with an average of 2 days on the market for 4 listings. And in third place is Crystal City 47, with 6 listings and an average of 16 days on the market. Families looking to move into these districts can rest assured that their home will sell quickly, making it a desirable location for both buyers and sellers.
For a complete list of the fastest selling school districts in the St. Louis metro area, be sure to check out MORE, REALTORS®. With their expertise and knowledge of the local market, they can help you navigate the fast-paced real estate market and find the perfect home or sell your current one in record time. Don’t miss out on the opportunity to live in one of the top school districts in the region. Contact MORE, REALTORS® today and start your home buying or selling journey.
The metro east real estate market continues to show steady growth in February 2025, with a median sold price of $180,000. This represents a slight increase of 0.06% from the same time last year, when the median sold price was $179,900. However, there was a decrease of 3.74% compared to January 2025, when the median sold price was $187,000.
The median list price in February 2025 was $189,900, a 5.56% increase from February 2024’s median list price of $179,900. This indicates a strong demand for homes in the metro east area.
According to the chart below, provided exclusively by MORE, REALTORS®, there were 459 home sales in February 2025, a 1.77% increase from February 2024’s 451 home sales. This further demonstrates the growing popularity of the metro east real estate market.
Overall, the metro east area continues to be a desirable location for home buyers, with steady growth in both median sold and list prices. For all your real estate needs in the metro east area, trust the experts at MORE, REALTORS®.
The real estate market in St Charles County continues to show strength, with a median sold price of $362,559 in February 2025. This represents a 1.87% increase from the same time last year, when the median sold price was $355,900. Additionally, February’s median sold price is up 2.13% from January 2025, when it was $355,000.
According to the chart below, provided exclusively by MORE, REALTORS®, the median list price also saw a slight increase, going from $359,800 in February 2024 to $360,000 in February 2025. However, there were 233 home sales in February 2025, a decrease of 18.25% from the 285 sales in February 2024.
These numbers indicate a stable and competitive market in St Charles County, with a slight increase in prices and a decrease in sales. As always, it’s important to consult with a reputable real estate agent, such as those at MORE, REALTORS®, for personalized advice and guidance in navigating the St Charles County real estate market.
Whether you’re buying or selling a home in St Charles County, now is a great time to make a move. Contact MORE, REALTORS® today to get started on your real estate journey.
As of February 2025, the St. Louis real estate market continues to show strong growth. According to data from MORE, REALTORS®, the median sold price for homes in the stl msa update was $250,000, a 5.71% increase from the same time last year when the median sold price was $236,500. However, this month’s median sold price also represents a slight decrease of 2.53% from January 2025, when the median sold price was $256,500.
The median list price for homes in the stl msa update was also on the rise, with a 4.21% increase from February 2024, reaching $250,000. This indicates a strong demand for homes in the St. Louis area.
Despite the increase in prices, there were 1821 home sales in the stl msa update in February 2025, a decrease of 11.94% from the same time last year when there were 2068 home sales. This could be due to a limited inventory of available homes.
For a visual representation of the data, please refer to the chart below, available exclusively from MORE, REALTORS®. With the St. Louis real estate market showing continued growth, now may be a great time to buy or sell a home in the area. Contact a MORE, REALTORS® agent today for expert guidance and assistance with all your real estate needs.
As of March 2025, the median sold price for homes in the Franklin County area was $255,500, according to the latest data from MORE, REALTORS®. This represents an 8.72% increase from February 2024, when the median sold price was $235,000. However, there was a 6.92% decrease from January 2025, when the median sold price was $274,500.
The median list price for homes in Franklin County was $258,500 in February 2025, a 12.39% increase from the previous year when it was $230,000. There were 67 home sales in February 2025, a 16.25% decrease from February 2024 when there were 80 sales.
The chart below, available exclusively from MORE, REALTORS®, illustrates the data for Franklin County home sales in February 2025. Despite the decrease in sales from the previous year, the market continues to show steady growth in both median sold and list prices. Stay tuned for more updates on the Franklin County real estate market.
January 2025 saw the lowest average number of showings before a home went under contract in over a decade—just 12 showings per pending sale. This marks a significant shift in the St. Louis real estate market, signaling strong demand and motivated buyers. To put this in perspective, the average number of showings needed in January has historically ranged from 13.1 in 2024 to as high as 15.9 in 2022 and 15.8 in 2015. This downward trend suggests that buyers are acting quickly and decisively, making it a prime time for sellers to enter the market.
For St. Louis homeowners considering selling, now is the time. With demand staying strong and homes requiring fewer showings before a sale, sellers are seeing faster results with serious buyers. If you’re thinking about listing your home, MORE, REALTORS® can help you navigate the market and get the best results.
The latest interest rates as of February 21, 2025, bring good news for homebuyers in St. Louis. The 30-year fixed rate has dipped to 6.89 making it more affordable for potential buyers to secure a mortgage. The 15-year fixed rate is now 6.37%, offering even more savings. Jumbo loans have seen a significant drop, with the 30-year jumbo rate7.7.227.22 by 0.08%. Adjustable-rate mortgages like the 5/1 and 5/6 SOFR ARM are relatively s5.52 with minor decreases. FHA and VA loans have also seen reductions, making them attractive options for For the St. Louis real estate market, these changes present opportunities for both buyers and sellers. Lower interest rates can entice more buyers to enter the market, potentially increasing demand for homes. Sellers might find this an opportune time to list their properties, as more buyers could mean quicker sales and potentially higher prices. It’s crucial for both buyers and sellers to stay informed and act swiftly to capitalize on favorable market conditions. As always, keep an eye on these rates, as they can fluctuate and impact affordability and market dynamics.fluctuate and impact affordability and market dynamics.
Stay tuned for more updates and insights into how these rates continue to shape the St. Louis real estate market.
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The St. Louis City real estate market continues to show strong growth in the new year. According to the latest data from MORE, REALTORS®, the median sold price for homes in the St. Louis City update was $224,000 in January 2025. This represents a 12.03% increase from January 2024, when the median sold price was $199,950. Additionally, last month’s median sold price of $224,000 saw a 1.21% increase from December 2024, when the median sold price was $221,325.
The median list price for homes in the St. Louis City update also saw a significant increase, rising to $225,000 in January 2025. This is a 14.21% increase from January 2024, when the median list price was $197,000.
Despite these price increases, there were 149 home sales in the St. Louis City update in January 2025, a slight decrease of 5.70% from 158 in January 2024. This could be attributed to the ongoing shortage of inventory in the area, making it a competitive market for buyers.
For a visual representation of the data, please refer to the chart below, available exclusively from MORE, REALTORS®. As we continue into the new year, we can expect to see continued growth in the St. Louis City real estate market, making it a great time for both buyers and sellers. Contact MORE, REALTORS® for all your St. Louis City real estate needs.
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