$5,938 Closing Credit*
$500,000
2,086 SqFt
3 Beds
•3 Full Baths
Listing Office: Berkshire Hathaway Select
Is Des Peres, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Des Peres has remained a Seller's Market.
Key Takeaway
Des Peres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Des Peres, MO
How much do homes in Des Peres, MO cost?
Median Sold Price
$676,250
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,750(+9.5%)
Key Takeaway
Homes in Des Peres have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Des Peres was $676,250 in November 2024, up 9.5% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $357K | - | N/A |
| 3 Bedrooms | $410K | $540K | +31.7% |
| 4 Bedrooms | $652.5K | $688.1K | +5.5% |
| 5+ Bedrooms | $920K | $1.1M | +19.6% |
Summary: Des Peres housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Missouri River Township | $649.9K | $744.4K | +14.5% |
| Des Peres | $617.5K | $676.2K | +9.5% |
| Bonhomme Township | $394.1K | $388.3K | -1.5% |
| Kirkwood | $395K | $387.7K | -1.8% |
Housing Supply in Des Peres, MO
How many homes are available in Des Peres, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Summary: The Des Peres real estate market had 23 homes for sale in November 2024, a 14.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Des Peres housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Des Peres, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Des Peres in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Des Peres, MO
How long does it take to sell a home in Des Peres, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 41 Days | +341.1% |
Summary: Homes in Des Peres had an average of 41 days on market in Nov 2024, up by 341.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Des Peres are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Des Peres; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.