Is Florissant, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Florissant has remained a Seller's Market.
Key Takeaway
Florissant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Florissant, MO
How much do homes in Florissant, MO cost?
Median Sold Price
$170,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Florissant have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Florissant was $170,000 in March 2024, down 1.2% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.2K | $55K | +16.4% |
| 2 Bedrooms | $125K | $129.9K | +3.9% |
| 3 Bedrooms | $173.2K | $167.5K | -3.3% |
| 4 Bedrooms | $229K | $242.5K | +5.9% |
| 5+ Bedrooms | $275K | $236K | -14.2% |
Summary: Florissant housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Lewis And Clark Township | $180K | $180K | 0% |
| Florissant | $172K | $170K | -1.2% |
| Hazelwood | $160K | $155K | -3.1% |
| Florissant Township | $173.2K | $166.2K | -4.0% |
Housing Supply in Florissant, MO
How many homes are available in Florissant, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 384 | 367 | -4.4% |
Summary: The Florissant real estate market had 367 homes for sale in March 2024, a 4.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 46 | 53 | +15.2% |
| 3 Bedrooms | 239 | 231 | -3.3% |
| 4 Bedrooms | 89 | 72 | -19.1% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Florissant housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 15.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 124 | 121 | -2.4% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Florissant, you could pay more than the asking price. 38.8% of homes here sold above asking price last month.
Summary: A total of 121 homes were sold or pending in Florissant in March 2024, down by 2.4% month-over-month. Of the 121 sold homes, 37% were sold under asking, 24% were sold at asking, and 39% were sold over asking.
Days on Market for Florissant, MO
How long does it take to sell a home in Florissant, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 39 Days | +8.6% |
Summary: Homes in Florissant had an average of 39 days on market in Mar 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Florissant are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 121 homes were sold in Florissant; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.