St. Louis Real Estate Market Facts and Figures for July 2009

Dennis Norman

Dennis Norman

By: Dennis Norman

The National Association of REALTORS(R) and the St. Louis Association of REALTORS(R) have just released information on the St. Louis real estate market for July.  Following are some highlights from the data which is for St Louis city and county.

Sales for July (existing homes-does not include new):

  • Single family homes – 1446 for the month
    • 48 percent had 3 bedrooms
  • Condos and Coops – 243 for the month
    • 77 percent were 2 bedrooms or less

How do July Home Sales Compare? (homes and condos):

  • July 2009 had total sales of 1,689 units – a 9.8 percent increase over July 2008 when there were 1,538 units sold
  • July 2009 average home price for the homes and condos sold was $188,309 – a 12.6 percent decrease from July 2008 when the average price of units sold was $215,701
  • July 2009 median home price for units sold was $145,000 – a 6.4 percent decrease from July 2008 when the median price of units sold was $155,000

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