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St Louis Real Estate Search

St Louis Home Sale Trend Slowing Slightly

Year to date, there have been 2,903 homes sold in the St Louis 5-County Core market, a decline of 3.6% from this time last year when 3,010 homes had sold. As the second chart below illustrates, the St Louis home sales trend (trailing 12 months and represented by the dark green line) peaked in October […]

St Louis Real Estate Market Update VIDEO – March 2019 – Sales off pace from last year

The St Louis real estate market is still doing well however, home sales are off to a slower start this year than last year. Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market update video. In our MORE, REALTORS, […]

St Charles County vs St Louis County Home Price Appreciation

Since the announcement of the Better Together plans to merge the County and City of St Louis together into one big “Metro City”, there has been a lot of talk about the impact this would have on the St Louis real estate market. I’ve had several conversations with people in the real estate industry that […]

St Louis Home Sales Down Slightly, Prices Up, In Past 12 Months

For the 12-month period ended February 28, 2019, there were 37,427 homes sold in the St Louis metro area, a decline of 1.22% from the prior 12-month period when there were 37,889 homes sold, according to our STL Market Report below. During the same period, the median price of homes sold in the St Louis […]

The Better Together Plan And St Louis Real Estate

At the end of last month, Better Together, a not-for-profit group aimed at combining St Louis City and St Louis County into one big “Metro City”, released their plan for doing so. To say this is a hot topic among residents of those two areas would be an understatement.

Proponents of the plan say it […]

St Louis Real Estate Market Update VIDEO – February 2019 – Have Home Prices Risen Too Much?

The St Louis real estate market is off to a little slower start this year and there are some indicators that we may be in for a little price correction in some areas. Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in […]

St Louis Home Sales Off To Slower Start In 2019 While Prices Rise

Many of the forecasts for home sales this year call for either a slight decline from last year or about the same as last year, in terms of home sales. I think the St Louis market will probably see about the same number of homes sold in 2019 as we did in 2018, it may […]

St Louis Cities Where Homes Sold For The Highest Price In Past Year

The list of the 10 St Louis cities where homes sold for the highest average price last year shown below reveals that the little city of Huntleigh, consisting of a land mass of just 1 square mile but home to some of the wealthiest people in St Louis, is where homes sold for the highest […]

St Louis Real Estate Market Update VIDEO – January 2019 – Last year was a good one

The St Louis real estate market closed out another good year with 2018 finishing just slightly behind the year before in terms of home sales. Thus far, it looks like 2019 is off to a good start as well although higher interest rates will, no doubt, cause a little tension in the market this […]

Cheaper To Buy Than Rent A Home In Six Out Of Eight St Louis Areas Counties

According to a report just released this morning by ATTOM Data Research, it’s cheaper to buy a home than rent in 6 of 8 St Louis metro area counties covered in the report. The data reported also shows, however, that home prices are rising faster than rents in all of the counties, a trend that, […]

After Christmas Sale On Real Estate! Lowest Prices Of The Year!

Early Christmas evening, the commercials began for “after Christmas” sales by anxious retailers that couldn’t even wait until after Christmas to tell everyone what great bargains can be had. Well, the same holds true for residential real estate in terms of bargain prices at this time of year. It’s no secret that the number of […]

St Louis Home Sales Remain Steady But Trending Downward

In the last week, I’ve seen several reports indicating declining home sales on both a nationwide basis as well as for the St Louis market. The reports vary widely but one local report indicated single family home sales were down 6 percent from a year ago, which, of course, should cause some concern for both […]

Forecast Says Eighty Two Percent Of St Louis Listings Will Sell Below List Price

A report released by Knock, a company that buys homes, forecasts that, nationally, 77% of current listings will sell below the original list price during the first quarter of 2019 and in St Louis, 82.61% of the listings will sell below list price. The report goes on to forecast that, on average, during the first […]

St Louis Real Estate Market Update VIDEO – December 2018 – Months Supply On the Rise

The St Louis real estate market is lagging a little behind last year in terms of home sales and the inventory of homes for sale is on the rise.  While some of this is, of course, seasonal, perhaps some of it could be related to home prices increasing over the past year or so […]

Median Price of Homes Sold in St Louis City/County In Past 12 Months Hits $185,000 – Sales Flat

The median price of homes sold in St Louis City and County combined during the 12 month period ended October 31, 2018 was $185,000 according to the STL Market Report™ from MORE™, REALTORS®. As the STL Market Report™ below shows, this is an increase in the median price of condos sold of 5.11% from the […]

Number of Underwater St Louis Homeowners Falls To Lowest Level Since Last Year

During the 3rd quarter of this year, 14.4% of the homeowners in St Louis with a mortgage were “seriously underwater”, meaning they owe at least 25 percent more than the estimated value of their home, according to a report just released by ATTOM Data Solutions. This is the lowest rate this year, down from 15.6% […]

St Louis Real Estate Market Holding Steady

In contrast to reports from around the country of a cooling housing market and even a possible bubble in some markets, the St Louis real estate market continues to hold steady. As our exclusive, STL Market Report for the St Louis 5-County core market below shows, during the past 12-months homes have sold at about […]

St Louis Real Estate Market Update VIDEO – October 2018 – Home sales down but higher than 10 years prior to 2017

St Louis home sales continue to lag a little behind last year, however, through the end of September, year-to-date St Louis home sales are higher than they were for the ten years prior to last year! In fact, the YTD total home sales of 21,043 for the St Louis 5-County core market, falls just 130 […]

Home Affordability In St Louis Drops For All Counties In Third Quarter

One of the nice things about St Louis has always been that it’s an affordable place to live and an affordable place to own a home. However, as St Louis home prices, and mortgage interest rates, continue to increase, home affordability in St Louis has declined.

As the table below, which is based on data […]

Sellers Have Reduced Prices on Nearly Half The Homes Currently For Sale

It may still be a seller’s market in many areas of St Louis, but, as our table below shows, nearly half (48%) of the active listings in the St Louis market have had at least one price reduction since coming on the market.

St Louis 5-County Core Market – Active Listing Data

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The Most Expensive Homes For Sale In St Louis

One of the great things about living in St Louis is it is a very affordable place to live, including when it comes to home ownership. Home affordability in St Louis is certainly much better than the coasts but also beats many, if not most, metro areas. Having said that, we do have our share […]

Are Homes Prices In St Louis Cooling?

Yesterday, the latest S&P Corelogic Case-Shiller (the biggest name in national home price data) home price indices were released for July 2018 (their reports lag behind somewhat). Even though in their press release, S&P stated “Data released today for July 2018 shows that home prices continued their rise across the country over the last 12 […]

St Louis Home Sales Trend Remains Flat While Prices Rise

St Louis home sales remain consistent but fairly flat with 27,636 homes sold during the past 12 months, just slightly more than the 27,525 homes sold in the prior 12 month period, for the 5-County core St Louis market. As the table below shows, while home sales only increased by 0.40% during the period for […]

St Louis Real Estate Market Update VIDEO – August 2018

While St Louis home sales are flat this year the overall market conditions remain good. The low inventory of homes for sale continues to benefit St Louis sellers! Find out more, as well as get information on some of St Louis’s best resources for home buyers and sellers in our just-released market In our MORE, […]

St Louis Zip Codes Where Home Prices Have Increased The Most In Past 12 Months

Home prices in the St Louis metro area increased at what is a pretty “normal” rate (historically speaking) of about 3.5% in the past year. However, as you hear me say often, all real estate is local, so the market varies significantly from neighborhood to neighborhood. For example, on our St Louis Median Home Price […]

Are Home Prices Too High in Jefferson County? Is a Correction Coming?

Yesterday, I had lunch with a friend in the industry who expressed his concern that the Jefferson County real estate market was cooling off a little and questioned the possibility a market correction. I referenced the article I wrote last week in which I explored the possibility of a market correction in St Louis and, […]

Is There a Market Correction Coming To The St Louis Real Estate Market?

This morning I watched a video from a firm that reports on the real industry and does so from a blunt, “call it as they see it”, perspective (pretty much my style too) in which they say “market correction indicators continue to roll in” and suggest that, to some extent, the party is over. This […]

St Louis Real Estate Market Update VIDEO – July 2018

The St Louis real estate market continues to be an enjoyable one for sellers who benefit from the low inventory of homes for sale and somewhat of a challenge for home buyers who face stiff competition. The lack of inventory of available listings has contributed to St Louis home sales this year falling a little […]

St Louis Home Sales Decline Slightly While Prices Rise

Home sales in St Louis declined a little over 2 percent during the most recent 12-month period from the prior period while the median price of homes sold in St Louis rose 4.4%, according to the latest data from MORE, REALTORS.

St Louis home sales are trending downward slightly as well, as illustrated by the […]

St Louis Home Prices And Sales Surge In May Time To Sell Drops

The St Louis real estate market continues to be a strong one and continues to favor sellers in many cases. As the chart below illustrates, the median price per foot that homes sold for in May (green line) shot up in May to $133 from $129 the month before, a 3.1% increase from the month […]