It occurred to me after talking with an agent the other day that few agents in my market actually know how the market is doing. (i.e. What's selling? How often? Days on market? etc.)

I'm posting market statistics for St. Louis County area, Single Family Residences, to share with you the healthy status of the St. Louis housing market. You'll see that the average days on market is 89 days for sold homes the past 6 months. Our market is healthy, all things considered.

St. Louis County

Listings per Status

Days on Market Analysis

Listing Price/Selling Price

Active Listings

• 5,329 Homes on the market
• Average price $302,750
• The Highest priced listing is $14,500,000
• The Lowest priced listing is $2,500
• Average DOM is 134 days

Under Contract Listings

• 1,136 Homes Under Contract
• Average price $227,000
• The Highest price listing is $2,845,000
• The Lowest price listing is $2,300
• Average DOM is 113 days

SOLD Listings (past 6 months)

• 5,844 Homes Sold (6/27/08 to 1/27/09)
• Average price $203,826
• The Highest priced listing is $3,150,000
• The Lowest priced listing is $700
• Average DOM is 89 days

If you are thinking of buying or selling this year or have a referral to the St. Louis Metropolitan area, I hope you find this helpful.

Please know you will be working with a power packed team that knows our market very well!