Aug 10, 2017
Where do homes sell the fastest? In this market, the answer is pretty much anywhere in the St. Louis area.
But as of early August, Crestwood topped the list on stlouisrealestatesearch.com with listings on the market for an astounding average of just eight days over the last month. Twenty properties in the city found new owners during that time period.
Yet even those figures may seem tame compared to what stlouisrealestatenews.com reported in late July when Valley Park topped the list with homes spending an average of just four days on the market.
August numbers also revealed other hot areas. Properties in Fenton spent an average of nine days for sale and Webster Groves took ten. Maryland Heights, Black Jack, Herculaneum, Green Park and Shrewsbury were all under two weeks. Valley Park had fallen to 24th place with a 23-day waiting period.
Among the top 30 municipalities, O’Fallon, Ill. did the most volume at 191 properties. The average wait there was 22 days.
None of the top 30 had waits longer than 26 days on average.