St. Louis REALTORS® has released to the media the Housing Report for March. 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.
1,581 single family homes sold, up 4% compared to 1,521 in March 2016.
Median home price was $159,900, up 7% compared to $149,250 in March 2016.
53% of the homes sold at $199,000 or less.
30% of the homes sold between $200,000 and $499,999.
17% of the homes sold for $500,000 or more.
Active listings (6,250) were down by 6% (compared to 6,676 in March of 2016).
Months of inventory was down to 4 (compared to 4.4 in March of 2016).
Days on market was down to 92, from 150 in March 2016.
This data is telling us we have more demand than supply of available homes. This causes housing prices to rise and home to sell more quickly. It's a Seller's Market!
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 -
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