Is Des Peres, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Des Peres is a seller's market

Buyer's
Market

Difference Since October 2021

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.

How much do homes in Des Peres, MO cost?

Median Sold Price

$614,950

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$49,950(+8.8%)

Key Takeaway

Homes in Des Peres have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $298.5K$355.2K
+19.0%
3 $471.2K$432.2K
-8.3%
4 $595.6K$624.9K
+4.9%
5+ $775K$1.1M
+45.7%

Median Sold Price Compared To Nearby Cities

Des Peres
+8.8%
Bonhomme Township
+6.0%
Kirkwood
+5.4%
Missouri River Township
+4.4%

How many homes are available in Des Peres, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
2022+10.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 108
-20.0%
5+ 25
+150.0%

Number of Homes Sold

Sep 2022Oct 2022%
97-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Des Peres, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days26 Days+26.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Des Peres are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Des Peres, MO

There are 22 homes are for sale in Des Peres, MO real estate market. The number of homes for sale in Des Peres, MO increased by 10% between September 2022 and October 2022. In October 2022 median list price was $614,950 and the average listing age was 26 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 19%, prices of 3 bedrooms properties decreased by 8.3%, 4 bedrooms properties became 4.9% more expensive, prices of 5 bedrooms properties went up by 45.7%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 12.5%, the quantity of 4 bedrooms homes went down by 20%, volume of 5 bedrooms homes went up by 150%. In October 2022, from all listings sold in Des Peres, MO there were more than 2 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price.

Related Housing Market Reports