Best Neighborhoods In St Louis To Be A Home Seller Today

If you live in Crestwood, Glendale, Warson Woods or Rock Hill and have considered selling your home, now is the time! With less than a 2 month supply of homes for sale, these four St Louis communities are definitely seller’s markets and now would be the time to list your home for sale.  In addition to those 4 areas, as the list below reveals, there are 17 other St Louis neighborhoods that are also very attractive seller’s markets, each with less than a 3 month supply of homes currently listed for sale.

You cannot judge the health of a real estate market with just one piece of data, however, a good indicator of a potential sellers market would be areas with a low supply of homes for supply.  Note that I said supply and not number.  This is important, as some areas, such as O’Fallon Missouri for example, may have what seems like a large number of homes for sale (currently 225), but given the size of the market and number of sales, it is actually 5th on the list of seller’s markets.  The supply of homes for sale on the other hand, takes into account the number of active listings as well as the rate of home sales and then determines how many months it would take to “sell out” of homes on the market if no new listings came on the market.  A supply of around 4 -5 months has historically been pretty typical.  The list below, which is from our real-time data that you won’t find anywhere else and is always up to date, shows the cities within St Louis with the lowest supply of homes for sale based upon the current sales rate thus indicating a fast market with too little supply and most likely a good seller’s market.

(We work hard on this and sure would appreciate a “Like”)

See Current Real-Time Home Prices For St Louis Area Cities

Search ALL St Louis Homes For Sale

See ALL Homes That Will Be Open In St Louis This Weekend

Continue reading “Best Neighborhoods In St Louis To Be A Home Seller Today

20 Best Neighborhoods in St Louis To Sell A Home

What are the 20 best neighborhoods in St Louis to sell a home?  Well, it depends on how you look at it, but I like using the “Market Action Index” (or “Market Heat Report”) published by my firm, MORE, REALTORS.  The reason I like the index, aside from the obvious, is that it gives an unbiased, objective analysis of the St Louis markets and rates them based primarily upon supply and demand which is what drives a market and ultimately drives home prices.

Please note, being on this list does not necessarily mean home prices are rising, in fact, perhaps the reason the supply is down and demand is up is the result of sellers lowering home prices.  However, the forces that cause a higher Market Action Index number are the same forces that will often times push prices upward.

Here goes, the table bellow shows the 20 best neighborhoods in St Louis to sell a home as of today.  If you don’t see your neighborhood on here and curious how it rates you can find more info at STLRE.com or you can contact me.

(We work hard on this and sure would appreciate a “Like”)
Continue reading “20 Best Neighborhoods in St Louis To Sell A Home

Top 15 Sellers Markets In St Louis

The 12 Fastest Selling St. Louis NeighborhoodsThirteen of the 15 top sellers markets in St. Louis are found in St. Louis County, with the City of St Louis and Franklin County each having one neighborhood on the list.   This list is produced by MORE, REALTORS, and is based upon their Market Action IndexTM which, among other things, looks at supply, demand and inventory for an area and then applies an index value to it.

(We work hard on this and sure would appreciate a “Like”)
Continue reading “Top 15 Sellers Markets In St Louis