Is Olivette, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$600,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Olivette was $600,000 in April 2024, up 15.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $137K | N/A |
2 Bedrooms | $145K | $135K | -6.9% |
3 Bedrooms | $400K | $374.5K | -6.4% |
4 Bedrooms | $690K | $735K | +6.5% |
5+ Bedrooms | $1.3M | $1.2M | -7.6% |
Summary: Olivette housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Olivette | $520K | $600K | +15.4% |
Ladue | $948.7K | $1.0M | +13.3% |
Creve Coeur Township | $329.8K | $344.5K | +4.5% |
Overland | $140K | $145K | +3.6% |
University City | $339.5K | $315K | -7.2% |
Housing Supply in Olivette, MO
How many homes are available in Olivette, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 30 | +25.0% |
Summary: The Olivette real estate market had 30 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Olivette housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Olivette in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 3 Days | -60.3% |
Summary: Homes in Olivette had an average of 3 days on market in Apr 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Olivette; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.