Home prices in the St Louis 5-County core market increased 3.67 percent in the 12-month period ending February 28, 2018 to a median price of $186,500 from $179,900 for the prior 12-month period. During the same period, home sales in the St Louis 5-County core market increased 1.89% to 27,839 homes sold from 27,323 homes sold during the prior 12-month period.
As our table below shows, there were 1,489 homes sold during February 2018, and are currenlty 4,921 homes listed for sale, computing into a 3.3 month supply of homes for sale, continuing to favor sellers due to the low supply. A supply of around 6 months would normally result in a balanced market not favoring sellers or buyers, the likes of which we have not seen in some time.
St Louis 5-County Core Market* Home Sales And Prices
(click the table below to be taken to current, complete report)
* St Louis City and counties of St Louis, St Charles, Jefferson and Franklin
