St Charles County Home Sales Trend On Rise For 2nd Consecutive Month

The home sales trend was, as our chart below illustrates, on the decline in St Charles County since summer last year but then, in October reversed course.  Now, for the second-consecutive month, the St Charles County home sales trend is on the rise possibly confirming that September 2019 was the bottom, with 5,761 homes sold in the 12-month period ending in September.  For the 12-month period ended November 30, 2019, there were 5,814 homes sold or just under 1% more than when sales hit the bottom in September.  The period ended in November saw just 23 more homes sold then the period ended in October, but it still sent the trend upward nonetheless.

The gains are modest so time will tell if the trend will hold course….

With such small gains, it won’t take much to stop this upward trend in home sales, but, within the next two months, we should know for sure if the upward movement in home sales can last.

St Charles County Home Sales Trend – Past 3 Years

(Click on chart for live, interactive chart)

St Charles County Home Sales Trend - Past 3 Years

St Charles County Home Sales Trend On The Rise After Hitting Bottom in September

The home sales trend in St Charles County peaked in April 2017 with 6,118 homes sold in the 12-month period ended April 30, 2017.  Since then, the home sales trend fell to closer to the 6,000 home mark until hitting a near peak again in August 2018 with 6,111 homes sold in the 12 month period ending that month.  After that, the home sales trend in St Charles County has fairly consistently trended downward until hitting bottom in September with 5,759 homes sold in the 12-month period ended September 30, 2019, nearly a 6% fall in home sales from the recent peak. This marked the lowest home sales trend for St Charles County since April 2016.

The St Charles County home sales trend has reversed course…

The good news is, for the past two months, home sales in St Charles County, as the chart below illustrates,  have trended upward hitting 5,809 homes sold in the 12-month period ended November 30, 2019,  a 1.2% increase in the trend from August 2019.

St Charles County Home Sales Trend – Past 3 Years

(Click on chart for live, interactive chart)
St Charles County Home Sales Trend - Past 3 Years