See Some of St Louis’ Most Expensive Homes This Weekend

If you are in the market for a luxury home in St Louis, you have the opportunity to view some of St Louis’ most expensive homes this weekend.  Tomorrow, there will be more than a dozen open houses on luxury homes in St Louis priced at $1,000,000 and above.  The luxury home open houses extend from the Central West End to Town & Country, with a concentration around the I-40 corridor.

The map below is a live, interactive map showing all the open houses (you can click on one for details).  For a handy Open House report, which you can print out or save and is sorted by time of open house click here.

St Louis Luxury Home Upcoming Open Houses

St Louis County Dominates St Charles County In The Luxury Home Market

Over the past 20 years, there have been 2.75 times more homes sold in St Louis County (250,486) than St Charles County (90,933).  Given that the population in St Louis County at the beginning of this period was 4 times that of St Charles County and, even today is nearly 2.6 times more, St Charles County has definitely held it’s own in the housing market.

St Louis County dominates the $1mil+ home market…

St Charles County may be keeping up with St Louis county in the overall housing market, however, when we look at the luxury home market, homes selling for $1 million or more, St Louis County dominates that market.  As the tables below show, in the past 20 years, there have been nearly 42 times as many $1mil+ homes sold in St Louis County as there were in St Charles County.  Over the past 20 years, there were 2,847 $1mil+ homes sold in St Louis County and just 68 in St Charles County during the period.

St Charles County – $1mil+ Homes – 1998-Oct 2017
St Charles County - $1mil+ Homes - 1998-Oct 2017

St Louis County – $1mil+ Homes – 1998-Oct 2017
St Louis County - $1mil+ Homes - 1998-Oct 2017

There shortage of inventory in the $1mil+ market…

As the tables above also reveal, there is no shortage of inventory in the luxury home market in St Louis County or St Charles County with a current supply of homes for sale of 16 months and 19 months respectively.

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Search St Louis County Luxury Homes For Sale HERE

Search St Charles County Luxury Homes For Sale HERE

The St Louis Luxury Home Market

The St Louis Luxury Home Market is concentrated within the central corridor of the St Louis area with the highest median home prices (of homes listed) currently being found in Frontenac, with a median price of $1,326,654, followed by Ladue, Town and Country, Clayton and Creve Coeur.

Like the rest of the St Louis real estate market, The St Louis Luxury Home Market suffered when the housing bubble burst a few years ago but is it on the road to recovery like the bulk of the St Louis housing market?  To address this,  I looked at the market from several angles and analyzed the following data for the top 25% of each market (based upon price):

See All St Louis Luxury Homes Currently For Sale

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