When Do the Most Houses Go On the Market in St Louis?

When Do the Most Houses Go On the Market in St. Louis and St. Charles?

Savvy shoppers know when it’s the best time of the year to shop for oranges, avocados and apples. But what about homes for sale? When do most houses go on the market in St. Louis?
What months seem to feature the largest supply of homes to look at? Is this the best time to shop or are prices inflated because competition for homes is increasing?

Will History Repeat Itself in 2019?

Real estate prognosticators are predicting more inventory coming on the market in 2019. In the last 6 months, inventory has increased year-over-year after 3 years of decline.
Let’s look at when new homes came on the market in 2018 to get a possible indicator for what’s ahead in 2019. (Click the images to enlarge)

St. Louis County 2018: New Listings Coming on the Market Monthly

Click the Image Above to Enlarge

The peak months for new listings were in the Spring reaching a high in June and a low in December. This tends to be a repetitive cycle due to the types of buyers and their particular needs.
Families with school age children are the largest group of buyers during the Spring and Summer. Their goal is to find a home and get the kids settled into a new school during the summer in preparation for the coming school year.

St. Charles County 2018: New Listings Coming on the Market Monthly

st charles county new listings per month 2018

Click the Image Above to Enlarge

St. Charles County is pretty much a reflection of the market activity in St. Louis County: Spring and Summer peaks gradually slowing down in the late Fall and Winter.

Understanding Real Estate Data and Trends to Help Manage Your Expectations

Do you have a flight plan for your home search?  Most of us when we travel never think about what’s going on behind the scenes. The pilot has to submit a flight plan and know what kind of weather and turbulence his plane will be facing before leaving the runway. Lots of planning and thought are calculated in helping you safely get from point A to point B, your final destination.

Shouldn’t you do the same in your search for a home? Get a flight plan before taking off.  Knowing the weather/market you’ll be heading into in advance, will help you manage your expectations. This is probably the most expensive and important purchase you will ever make and you want to get it right.

Check out a couple of navigational tools in the articles below and call Finding Homes for You 636-532-4200. We can help with you with your personal flight plan and give you a forecast of what to expect.

The Current Supply of Homes in St. Louis
Millennial’s Guide to Home Ownership
Biggest First Time Buyer Mistakes
Who We Are and What We Can Do for You

 

 

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