At St. Louis REALTORS®, our vision is to be the voice for real estate in St. Louis. And that’s why we launched our monthly Housing Report, which covers real estate sales activity for St. Louis City and County combined.
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. It includes key performance indicators such as median sales price, number of homes sold, and days on the market – with year-over-year comparisons.
Here are the highlights for May 2017:
- Single family homes sold up 4 percent
- Median sales price down 3 percent, to $177,700
- Days on market down to 89, a drastic reduction from 146 one year ago
- Months of inventory down to 3.3