July 2023 - Affordability constraints have continued to limit homebuying activity this summer, with existing-home sales falling 3.3% month-over-month nationwide as of the last measure, according to the National Association of REALTORS® (NAR). Mortgage rates have approached 7% in recent months, leading many prospective buyers to put their home purchase plans temporarily on hold. But higher rates have also kept many existing homeowners from listing their homes for fear of giving up the low-rate mortgages they locked in a few years ago when rates were significantly lower. The median home sale price in St. Louis continued to increase for the 6th consecutive month in 2023 with July up by 3.5% compared to July 2022. Year-to-date, the median sale price is at $277,500, while the month of July 2023 clocked in at $300,000.

June 2023 - What’s happening in St. Louis Real Estate including data, statistics, graphs and a summary of what the data are telling us by St. Louis REALTOR® John Voirol.

May 2023 - What’s happening in St. Louis Real Estate including data, statistics, graphs and a summary of what the data are telling us by St. Louis REALTOR® John Voirol.

April 2023 - What’s happening in St. Louis Real Estate including data, statistics, graphs and a summary of what the data are telling us by St. Louis REALTOR® John Voirol.