Is Florissant Township, 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, Florissant Township has remained a Seller's Market.
Key Takeaway
Florissant Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Florissant Township, MO
How much do homes in Florissant Township, MO cost?
Median Sold Price
$170,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Florissant Township have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Florissant Township was $170,000 in May 2024, down 2.8% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.2K | $47K | +3.9% |
| 2 Bedrooms | $123.2K | $125K | +1.4% |
| 3 Bedrooms | $175K | $169.3K | -3.2% |
| 4 Bedrooms | $229.5K | $239.9K | +4.5% |
| 5+ Bedrooms | $296K | $247.7K | -16.3% |
Summary: Florissant Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Hazelwood | $160.1K | $157.6K | -1.5% |
| Florissant | $175K | $172.2K | -1.6% |
| Lewis And Clark Township | $183.1K | $180K | -1.7% |
| Florissant Township | $174.9K | $170K | -2.8% |
| Ferguson Township | $132.6K | $112.6K | -15.1% |
Housing Supply in Florissant Township, MO
How many homes are available in Florissant Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 388 | 410 | +5.7% |
Summary: The Florissant Township real estate market had 410 homes for sale in May 2024, a 5.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 54 | 64 | +18.5% |
| 3 Bedrooms | 242 | 241 | -0.4% |
| 4 Bedrooms | 75 | 90 | +20.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Florissant Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 18.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 115 | 113 | -1.7% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Florissant Township, you could pay more than the asking price. 54% of homes here sold above asking price last month.
Summary: A total of 113 homes were sold or pending in Florissant Township in May 2024, down by 1.7% month-over-month. Of the 113 sold homes, 32% were sold under asking, 14% were sold at asking, and 54% were sold over asking.
Days on Market for Florissant Township, MO
How long does it take to sell a home in Florissant Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 28 Days | +1.3% |
Summary: Homes in Florissant Township had an average of 28 days on market in May 2024, up by 1.3% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Florissant Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 113 homes were sold in Florissant Township; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.