Is Sunset Hills, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sunset Hills has remained a Seller's Market.
Housing Prices in Sunset Hills, MO
How much do homes in Sunset Hills, MO cost?
Median Sold Price
$513,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sunset Hills was $513,500 in May 2024, down 4.9% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $110K | -18.5% |
2 Bedrooms | $228K | $227.5K | -0.2% |
3 Bedrooms | $400K | $436.5K | +9.1% |
4 Bedrooms | $655K | $737.5K | +12.6% |
5+ Bedrooms | $985K | $912K | -7.4% |
Summary: Sunset Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
Gravois Township | $250.8K | $278K | +10.8% |
Crestwood | $290K | $306.5K | +5.7% |
Fenton | $327.5K | $345K | +5.3% |
Bonhomme Township | $388.1K | $375.1K | -3.4% |
Sunset Hills | $540K | $513.5K | -4.9% |
Housing Supply in Sunset Hills, MO
How many homes are available in Sunset Hills, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 28 | -9.7% |
Summary: The Sunset Hills real estate market had 28 homes for sale in May 2024, a 9.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 9 | 6 | -33.3% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Sunset Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Sunset Hills in May 2024, up by 50.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.
Days on Market for Sunset Hills, MO
How long does it take to sell a home in Sunset Hills, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 10 Days | -33.8% |
Summary: Homes in Sunset Hills had an average of 10 days on market in May 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Sunset Hills; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.