$4,750 Closing Credit*
$400,000
2,808 SqFt
5 Beds
•3 Full Baths
Listing Office: EXP Realty, LLC
Is Des Peres, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$670,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,000(+14.1%)
Key Takeaway
Homes in Des Peres have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Des Peres was $670,000 in October 2024, up 14.1% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $357K | - | N/A |
| 3 Bedrooms | $410K | $538.7K | +31.4% |
| 4 Bedrooms | $650K | $673.1K | +3.6% |
| 5+ Bedrooms | $985K | $1.1M | +11.7% |
Summary: Des Peres housing prices by bedroom type for October 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 31.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| Des Peres | $587K | $670K | +14.1% |
| Missouri River Township | $648.5K | $737.5K | +13.7% |
| Kirkwood | $387K | $387K | 0.0% |
| Bonhomme Township | $392K | $387.8K | -1.1% |
Housing Supply in Des Peres, MO
How many homes are available in Des Peres, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The Des Peres real estate market had 26 homes for sale in October 2024, a 18.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 16 | 9 | -43.8% |
Summary: The Des Peres housing inventory by bedroom type for October 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 14.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 43.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 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. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Des Peres in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 16 Days | +87.9% |
Summary: Homes in Des Peres had an average of 16 days on market in Oct 2024, up by 87.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Des Peres are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Des Peres; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.