Is Olivette, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Olivette has remained a Seller's Market.
Housing Prices in Olivette, MO
How much do homes in Olivette, MO cost?
Median Sold Price
$607,500
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Olivette was $607,500 in June 2024, up 20.6% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $140K | $135K | -3.6% |
3 Bedrooms | $374.5K | $420K | +12.1% |
4 Bedrooms | $803.1K | $700K | -12.8% |
5+ Bedrooms | $1.2M | $999.5K | -18.0% |
Summary: Olivette housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 18%.
Median Sold Price Compared To Nearby Cities
Olivette | $503.7K | $607.5K | +20.6% |
Ladue | $952.7K | $1.1M | +15.5% |
Overland | $139.9K | $146.1K | +4.5% |
Creve Coeur Township | $337.3K | $345.9K | +2.5% |
University City | $322K | $319.9K | -0.7% |
Housing Supply in Olivette, MO
How many homes are available in Olivette, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Summary: The Olivette real estate market had 36 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Olivette housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Olivette in June 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
87 Days | 35 Days | -59.7% |
Summary: Homes in Olivette had an average of 35 days on market in Jun 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 10 homes were sold in Olivette; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.