St. Louis REALTORS® has just released to the media the Housing Report for January. Each Housing Report, released around mid-month, provides a market snapshot of MLS sales activity covering the previous month for St. Louis City and County combined, with year-over-year comparisons.
While median home price of $151,250 is up a modest, but still impressive, 2% for what is traditionally the slowest month of the year, the housing forecast for 2017 looks STRONG for St. Louis.
58% of the homes sold at $199,000 or less.
27% of the homes sold between $200,000 and $499,999.
15% of the homes sold for $500,000 or more.
Active listings (5,294) were down by 12% (compared to 6,016 in January of 2016).
Months of inventory was down to 5.2 (compared to 5.8 in January of 2016).
Days on market was down to 122, from 180 in January 2016.
I have been representing home buyers and home sellers in the St Louis Metropolitan Area since 1997. I am a Certified Residential Specialist (CRS), Accredited Buyer's Representative (ABR), and GRI (Graduate, Realtor Institute).
Affiliations: Member St Louis Association of Realtors (SLAR), Member Missouri Association of Realtors (MAR), Member National Association of Realtors (NAR), Member Real Estate Buyer's Agent Council (REBAC), Member Council of Residential Specialists (CRS).
St Louis Real Estate, St Louis Real Estate Agent, St Louis Realtor, St Louis Realty, St. Louis City and St. Louis County Residential Real Estate, Homes, Condos, Lofts & Townhomes.
St. Louis City Neighborhoods: Benton Park, Benton Park West, Bevo Mill, Botanical Heights, St. Vincent Park, Carondelet, Central West End, Clifton Heights, Columbus Square, Compton Heights, Downtown, Dutchtown, Forest Park Southeast, Fox Park, The Gate District, Gravois Park, The Hill, Holly Hills, Lafayette Park, Lasalle, Lindenwood Park, Northampton, Shaw, Skinker/DeBaliviere, Soulard, Southwest Garden, St. Louis Hills, Tower Grove South, Tower Grove East, South City, Wyndown/Skinker.
St. Louis County Communities: Affton, Shrewsbury, Webster Groves, Maplewood, Richmond Heights, Brentwood, Clayton, University City, Bayless, Hancock Place, Lindbergh, Mehlville, Kirkwood, Ladue, Ritenour, Parkway North, Parkway Central, Parkway West, Parkway South, Valley Park, Rockwood Summit, Marquette, Eureka, Lafayette, Crestwood, Saint Louis
A Missouri Licensed Realtor -
Notary Public, State of Missouri -
**All Personal photographs and images/logos are the property of and copyrighted by Tim Tanz, and may not be reproduced or used without his permission.**