Just How Fast Are Homes Selling In St Louis?

We have been in the midst of a pretty crazy real estate market lately in St Louis with new listings in many areas and price ranges being subjected to a “feeding frenzy” by buyers.  It is not uncommon at all today to have two or three showings taking place on a new listing at the same time with the total of first day showings easily getting into double digits and a signed contract before the end of the 2nd day on the market. Naturally, not all homes in all areas and price ranges are selling this quickly but enough are to seriously be impacting the market.

So, just how fast are homes selling?

As the charts below show, the median days on the market (the number of days homes are listed before selling) for homes in the St Louis area has dropped dramatically over the past few years.  Currently, as of May, below are the median days on market for homes in several St Louis area counties as well as the change from a year ago:

  • City of St Louis – 22 days – down 54%
  • St Louis County – 12 daysdown 71%
  • St Charles County – 18 days – down 60%
  • Jefferson County – 28 days – down 57%
  • Franklin County – 80 days – down 32%

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St Louis County – Median Days On Market

St Louis County - Median Days On Market

St Charles County – Median Days On Market

St Charles County - Median Days On Market

St Louis City – Median Days On Market

St Louis City - Median Days On Market



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