Is Central West End, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Central West End has remained a Seller's Market.
Housing Prices in Central West End, MO
How much do homes in Central West End, MO cost?
Median Sold Price
$345,000
$203/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in Central West End was $345,000 in February 2024, the same as last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218.5K | $211K | -3.4% |
2 Bedrooms | $288.7K | $300K | +3.9% |
3 Bedrooms | $432K | $469.5K | +8.7% |
4 Bedrooms | $600K | $634K | +5.7% |
5+ Bedrooms | $730K | $710K | -2.7% |
Summary: Central West End housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
Central Corridor | $230.3K | $275K | +19.4% |
Central West End | $345K | $345K | 0.0% |
Forest Park Southeast | $387.5K | $325K | -16.1% |
Housing Supply in Central West End, MO
How many homes are available in Central West End, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 | 84 | +15.1% |
Summary: The Central West End real estate market had 84 homes for sale in February 2024, a 15.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 13 | 0.0% |
2 Bedrooms | 26 | 30 | +15.4% |
3 Bedrooms | 25 | 24 | -4.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The Central West End housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 15 | +114.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Central West End in February 2024, up by 114.3% month-over-month. Of the 15 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for Central West End, MO
How long does it take to sell a home in Central West End, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
85 Days | 100 Days | +17.3% |
Summary: Homes in Central West End had an average of 100 days on market in Feb 2024, up by 17.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in Central West End; 20% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.