New home construction activity in the St. Louis area shows mixed results for the 12-month period ending February 2025, compared to the previous year. According to the latest data, single-family home permits across the region totaled 3,993, marking an increase of about 13.3% from the 3,525 permits recorded in the prior period.
Notably, St. Louis County experienced a significant increase of 30.4%, rising from 506 to 727 permits. St. Charles County also saw healthy growth, increasing permits by 11.88% from 1,328 to 1,507. The City of St. Louis similarly showed robust growth, jumping 43.48% from 322 to 462 permits.
However, several counties recorded declines, including Lincoln County, which faced the most substantial drop, down 81.82%, from 120 to just 66 permits. Warren and Franklin Counties also experienced decreases, falling 8.61% and 8.4%, respectively.
This increase in new home construction can largely be attributed to the ongoing housing inventory shortage in the St. Louis area. Despite recent improvements from historic lows, inventory remains very tight, with less than two months’ supply of homes for sale. This persistent shortage continues to drive strong demand for new housing, prompting builders to ramp up construction to meet buyer needs.
If you’re thinking about buying or selling a home or interested in exploring new construction options, reach out to the professionals at MORE Realtors INLINE TEXT Link – goes to agent website
MORE, REALTORS®. They have the expertise and market insights to help you navigate the St. Louis real estate market effectively.