$10,000 Closing Credit*
$1,695,000
4 Beds
•4 Full Baths, 1 Partial
Listing Office: Cypress Management Group LLC
Is Olivette, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Olivette was a Neutral Market.
Key Takeaway
Olivette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Olivette, MO
How much do homes in Olivette, MO cost?
Median Sold Price
$638,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$138,000(+27.6%)
Key Takeaway
Homes in Olivette have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Olivette was $638,000 in October 2024, up 27.6% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $141K | $197.5K | +40.1% |
| 3 Bedrooms | $369K | $475K | +28.7% |
| 4 Bedrooms | $818.3K | $678.5K | -17.1% |
| 5+ Bedrooms | $1.2M | $1.0M | -16.7% |
Summary: Olivette 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 increased by 40.1%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Ladue | $929.7K | $1.2M | +35.8% |
| Olivette | $500K | $638K | +27.6% |
| University City | $300K | $335.4K | +11.8% |
| Overland | $137.5K | $150K | +9.1% |
| Creve Coeur Township | $349.5K | $351K | 0.4% |
Housing Supply in Olivette, MO
How many homes are available in Olivette, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Summary: The Olivette real estate market had 26 homes for sale in October 2024, a 23.5% 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 | 1 | +100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 19 | 11 | -42.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Olivette 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 increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Olivette, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Olivette in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Olivette, MO
How long does it take to sell a home in Olivette, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 40 Days | +26.6% |
Summary: Homes in Olivette had an average of 40 days on market in Oct 2024, up by 26.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Olivette are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Olivette; 33% of homes were sold within 30 days, 33% 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.