Photo by Michael Tuszynski

Written by David Dodge

The St. Louis real estate market has been growing, and the St. Louis Association of REALTORS® is keeping a close eye on the trends to help us understand what's happening. The chart shows the number of homes for sale in the St. Louis area over the past two years, giving us a clear picture of how the market is performing.

What the Data Shows:

The graph shows that the number of homes for sale in St. Louis has been steadily going up, with a big peak in mid-2024 before dipping slightly in the past few months. In October 2024, there were 3,404 homes for sale, showing that the market is active and healthy.

The data is shown month by month, with each point on the graph representing how many homes were available for sale during that month.

Stats from: www.stlrealtors.com

What’s Happening in 2024:

In 2024, the St. Louis real estate market has continued to grow. In October, the number of homes for sale hit 3,404, the highest point for the year. This shows that demand for homes in St. Louis is strong, and the market is still offering good opportunities for buyers and sellers.

Even with challenges like the pandemic and economic changes, the number of homes for sale has stayed fairly stable and has been increasing over the past two years. This stability means the St. Louis market is in a good position to handle any changes and continue to do well.

What to Expect in 2025:

As we approach the end of 2024, the St. Louis real estate market looks set to keep growing in 2025. With many homes still available for sale, the demand for homes in the area is likely to stay strong, giving both buyers and sellers opportunities to make deals.

The St. Louis Association of REALTORS® will keep tracking the market and sharing helpful information to guide buyers, sellers, and real estate professionals. By staying informed and adjusting to any changes, the St. Louis real estate community can make sure the area remains a great place to live and invest in the years ahead.

In short, the St. Louis real estate market is in a strong position for 2025, with plenty of opportunities for everyone involved.