Year to date, there have been 2,903 homes sold in the St Louis 5-County Core market, a decline of 3.6% from this time last year when 3,010 homes had sold. As the second chart below illustrates, the St Louis home sales trend (trailing 12 months and represented by the dark green line) peaked in October 2018 with 26,032 homes sold in the prior 12 months but then stalled and has begun a slight downward trend since with 25,756 homes sold in the 12 month period ending in February 2019.
Meanwhile, St Louis home prices continue to rise with the median price of homes sold in the past 12 months in the 5-County Core market increasing 4.79% from the prior 12-month period. As the table below the charts shows, the median price of homes sold in the St Louis 5-County Core market during the most recent 12-month period was $197,000, up from $188,000 during the prior 12-month period.
The inventory of homes for sale remains low, with just s 2.5 month supply of homes for sale in the St Louis 5-County Core Market.
St Louis 5-County Core Market YTD Home Sales – Past 5 Years
(click on chart for live, interactive chart)
St Louis 5-County Core Market Home Sales & Price Trend – Past 5 Years
(click on chart for live, interactive chart)
STL Market Report – St Louis 5-County Core Market
(click on chart for live, interactive chart)
[xyz-ips snippet=”Seller-Resources—Listing-Targeted”]
