Newest St. Louis Housing Stats - May 2020

Information in the above report/charts covers residential real estate activity in Saint Louis City and County combined and is provided by Mid America Regional Information Systems. Percent changes are calculated using rounded figures. The data above compares real estate activity in April 2020 to April 2019 of last year.

While the effects of COVID-19 in the broader economy continue, real estate activity is beginning to recover across much of the country. According to Freddie Mac, mortgage rates have been below 3.3 percent for more than four weeks and are hovering near all-time lows, spurring strong interest by buyers and lifting showing activity up four percent nationally versus a year ago in the final week of May.

New listings decreased 22.2 percent for residential homes and 21.8 percent for townhouse/condo homes. Pending sales decreased 8.4 percent for residential homes and 20.4 percent for townhouse/condo homes. Inventory decreased 26.9 percent for residential homes and 8.5 percent for townhouse/condo homes.

Median sales price remained flat at $220,000 for residential homes but increased one percent to $171,700 for townhouse/condo properties. Days on market decreased 18.2 percent for residential homes and 14 percent for townhouse/condo homes. Months supply of inventory decreased 24.1 percent for residential homes but increased 3.8 percent for townhouse/condo homes.

Buyers have been quicker to return to the housing market in force than sellers, who have been showing a bit more reluctance to list their homes than is typical for this time of year. But trends are improving and as states and localities continue to moderate their COVID-19 policies, real estate activity is expected to continue to improve in the coming weeks.

St. Louis Area Market Trends

St. Louis City Median Sales Price 3 Bedroom Home Over the Last 5 Years

The chart below is interactive as you move your cursor (or finger on mobile devices)on the chart line you'll see the median price for each month going back to 2014.

St. Louis City Median Days on Market During the Same 5 Year Period
How Long it Took a Home to Sell

St. Louis County Median Sales Price 3 Bedroom Home
Over the Last 5 Years

Links to More Communities for Median Prices 5 Year Period

Ballwin
Chesterfield
Wildwood
Brentwood
Maplewood
University City
Ladue
Kirkwood
Central West End

St. Louis County Median Days on Market During the Same 5 Year Period
How Long it Took a Home to Sell

St. Charles County Median Sales Price 3 Bedroom Home
Over the Last 5 Years

St. Charles County Median Days on Market During the Same 5 Year Period
How Long it Took a Home to Sell

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