During the 12 month period ended March 31, 2016, just over 1 of every 5 home sales in St Louis (21.46%) was a cash sale which is a decline of 9.2% from the prior 12-month period when nearly 1 in 4 home St Louis home sales (23.63%)was a cash sale. The average price of homes in St Louis bought by buyers paying cash was $158,400 for the most recent 12 month period, 33.37% less than the average price paid for homes were buyers obtained financing which was $228,086 for the same period.
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