How is the St Louis Real Estate Market Compared to 2020?

St Louis Housing Report June 2021

“How is the St. Louis Real Estate Market Compared to 2020?” is a question we get frequently. Here we are in July with school’s out, vaccination rates rising and America entering a new normal. The U.S. housing market continues along at a frenzied pace, with low-interest rates and limited inventory fueling record-high sales prices. May saw the St. Louis median existing-home sales price exceed $350,000, a 24 percent increase and the largest year-over-year increase since 1999, according to the National Association of REALTORS® . Eager buyers are making multiple offers, some for well over the asking price, while others are making offers on homes sight unseen. (Continue Reading)