Sales Price & Volume Increase in 2013

Sales Price

Sales Price & Volume Increase in 2013

There is no doubt 2013 was a great year for real estate in the St. Louis Market.  We saw increases in both the number of sales and the median sales price while experiencing a decline in home inventory.  Demand appears to have steadily increased.   A data sample from St. Louis County indicated a year over year increase in number of sales of 9.1%, from 12,800 units to 14,091 units; and an increase in Median Sales Price of 11.7%, from $134,000 to $151,900.

Zack Rhodes
Zachary Rhodes is a professional real estate appraiser and real estate broker with over 20 years of experience. Since 2003, Zack has led the development of two businesses within the industry, Authority Appraisals and Rhodes & Associates Realty. Passionate about appraisal education in the industry Zack developed AuthorityU which offers a customized training program for aspiring appraisers, continuing education for real estate agents, and unique appraisal presentations for the lending industry.