St Louis Home Sales And Prices Both Up About 8 Percent in 2020 From 2019

In spite of the challenges from the COVID-19 pandemic, stay at home orders, a shaky economy and a fair amount of social unrest, 2020 still managed to be a good year for residential real estate!  As the STL Market Report shows (available exclusively from MORE, REALTORS®), in the 5-County Core St Louis market there were 28,131 homes sold during 2020, an increase of 8.27% from 2019 when there were just 25,982 homes sold.  The median price of homes sold in 2020 in this St Louis market was $232,000, an increase of 7.93% from 2019 when the median price was $214,950.

The current price trend, as depicted in the report, is up as well with the median price per square foot of homes that are currently on the market being over 9% higher than the median price per foot of homes sold during 2020.  There are currently 2,031 active listings on the market representing a 0.81 month supply at the current sales rates.

[xyz-ips snippet=”Homes-For-Sale”]

STL Market Report for the St Louis 5-County Core Market

(Non-distressed home sales only – click on report for live report)

STL Market Report for the St Louis 5-County Core Market


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