St Louis Metro Area Remains A Hot Seller’s Market

By Dennis Norman, on July 30th, 2016

The St Louis metro area housing market continues to be a hot seller’s market with 35,703 homes sold during the 12 month period ended June 30, 2016, an increase of nearly 7 percent from the prior 12 month period.  The median price of homes sold during the most recent period was $162,500, an increase of over 5 percent from the prior 12 month period.  As the table below shows, the price per foot on current homes listed for sale in the St Louis MSA is $118 and there is just over a 3 month supply of homes for sale (click table for current live data).

The St Louis Five-County market, consisting of the city of St Louis and the counties of St Louis, St Charles, Jefferson and Franklin, as the second table shows, is performing very similar to the overall St Louis MSA market.

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