St Louis County Dominates St Charles County In The Luxury Home Market

Over the past 20 years, there have been 2.75 times more homes sold in St Louis County (250,486) than St Charles County (90,933).  Given that the population in St Louis County at the beginning of this period was 4 times that of St Charles County and, even today is nearly 2.6 times more, St Charles County has definitely held it’s own in the housing market.

St Louis County dominates the $1mil+ home market…

St Charles County may be keeping up with St Louis county in the overall housing market, however, when we look at the luxury home market, homes selling for $1 million or more, St Louis County dominates that market.  As the tables below show, in the past 20 years, there have been nearly 42 times as many $1mil+ homes sold in St Louis County as there were in St Charles County.  Over the past 20 years, there were 2,847 $1mil+ homes sold in St Louis County and just 68 in St Charles County during the period.

St Charles County – $1mil+ Homes – 1998-Oct 2017
St Charles County - $1mil+ Homes - 1998-Oct 2017

St Louis County – $1mil+ Homes – 1998-Oct 2017
St Louis County - $1mil+ Homes - 1998-Oct 2017

There shortage of inventory in the $1mil+ market…

As the tables above also reveal, there is no shortage of inventory in the luxury home market in St Louis County or St Charles County with a current supply of homes for sale of 16 months and 19 months respectively.

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