Even in this low-inventory sellers market the St Louis housing market has been experiencing for some time now, there are areas where homes are selling slower. For home buyers that are tired of the fierce competition that exists for most new listings and tired of losing out, these slower selling areas may offer an opportunity to buy. As the table below shows, at the top of the slow selling list is the city of Pevely in Jefferson County where the average days on market is 331, followed by New Haven and Sullivan, both in Franklin County, at 258 days and 248 days respectively. Hey, I realize these areas are out of the St Louis area a bit, but I didn’t say it was going to be convenient to chase opportunity. Farther down the list are some areas closer in, such as Ladue and Frontenac, but with the convenient location comes higher prices.
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St Louis’ Slowest Selling Neighborhoods
(ranked by average days on market of current listings- click on table for complete, current list)