St Louis New Home Sales in November 2014 increased 12.5% from November 2013 and, as would be expected given the time of year, decreased about 8% from the month before. New home sales in St Louis out performed new home sales in the Midwest Region as a whole as the region saw 4,000 new home sales in November 2014, the same as a year ago, and a decrease of 20% from the month before, according to the latest data available from the U.S. Census Bureau and HUD.
The median price of new homes sold in November 2014 was $235,900, an increase of 15% from the month before when the median price was $205,000, and was up about 1% from November 2013 when the median new home sale price was $237,450.