St Charles County Home and Condo Prices Have Outperformed St Louis County Over Past 10 Years

By Dennis Norman, on April 30th, 2017

The median price per square foot of homes sold in St Louis County have increased 3.5% over the past 10 years, from $116 per foot in 2007 to $120 per foot currently.  As the chart below illustrates, home prices dipped to a low of $90 per foot in 2011, a result of the housing bubble burst in 2008.  During the same period, the price per foot of homes sold in St Charles County increased 5.1% from $117 per foot in 2007 to $123 per foot currently.  Like St Louis County, St Charles County saw home prices bottom out in 2011, hitting a low of $95 per foot.

Condo prices have followed suit with St Charles County faring better than St Louis County during the past 10 years.  The median price per square foot of condominiums sold in St Louis County declined 15% over the past 10 years from $123 per foot in 2007 to $105 per foot currently.  St Charles County condo prices declined 7.9% during the same period, falling from $114 per foot in 2007 to $105 per foot currently.  The bottom for condo prices, in both St Charles County and St Louis County, lagged slightly behind the bottom for home prices, not hitting bottom until 2012 at which time prices were $85 and $89 per foot respectively.

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St Charles County vs St Louis County Home Prices – 2007 – 2017

St Charles County vs St Louis County Condo Prices – 2007 – 2017

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