Is Sunset Hills, 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, Sunset Hills has remained a Seller's Market.
Housing Prices in Sunset Hills, MO
How much do homes in Sunset Hills, MO cost?
Median Sold Price
$535,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Sunset Hills was $535,000 in February 2024, up 5.7% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $122.5K | N/A |
2 Bedrooms | $280.5K | $220K | -21.6% |
3 Bedrooms | $400K | $425K | +6.3% |
4 Bedrooms | $650K | $740K | +13.8% |
5+ Bedrooms | $850K | $935K | +10.0% |
Summary: Sunset Hills housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Gravois Township | $246K | $274.3K | +11.5% |
Fenton | $312K | $340K | +9.0% |
Bonhomme Township | $369.3K | $397K | +7.5% |
Crestwood | $285K | $305.5K | +7.2% |
Sunset Hills | $506K | $535K | +5.7% |
Housing Supply in Sunset Hills, MO
How many homes are available in Sunset Hills, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Summary: The Sunset Hills real estate market had 18 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sunset Hills 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 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sunset Hills in February 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Sunset Hills, MO
How long does it take to sell a home in Sunset Hills, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
16 Days | 10 Days | -36.9% |
Summary: Homes in Sunset Hills had an average of 10 days on market in Feb 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Sunset Hills; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.