St Louis Home Sales Trend Jumps Up In December Stays Steady In January

By Dennis Norman, on February 11th, 2020

The St Louis home sales trend jumped in December when sales for the prior 12-months broke through the 27,000 mark to 27,149.  The trend continued into January of this year, as there were 27,159 homes sold in the 12-month period ended January 31, 2020.  This is a good start for 2020 and is a great leading indicator of how the market is going to do this year.  Add lower mortgage interest rates to this (the 30-year fixed-rate mortgage dropped to 3.45% last week) and the strongest economy in decades and we have a recipe for a great housing market!

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St Louis 5-County Market Home Sales Trend – Past 5 Years

(click on chart for live, interactive chart)

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