Is Olivette, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Olivette was a Seller's Market.
Housing Prices in Olivette, MO
How much do homes in Olivette, MO cost?
Median Sold Price
$617,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Olivette was $617,000 in March 2024, up 18.7% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $142K | $138K | -2.8% |
3 Bedrooms | $404.5K | $358K | -11.5% |
4 Bedrooms | $617.5K | $757.5K | +22.7% |
5+ Bedrooms | $1.0M | $1.2M | +18.8% |
Summary: Olivette housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
Olivette | $520K | $617K | +18.7% |
Ladue | $950K | $1.0M | +10.5% |
Overland | $139.2K | $145K | +4.1% |
Creve Coeur Township | $335.5K | $343.9K | +2.5% |
University City | $339.9K | $314.6K | -7.4% |
Housing Supply in Olivette, MO
How many homes are available in Olivette, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The Olivette real estate market had 25 homes for sale in March 2024, a 19.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Olivette housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Olivette in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 47 Days | +22.2% |
Summary: Homes in Olivette had an average of 47 days on market in Mar 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Olivette; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.