Hello West County!  If you live in Des Peres or looking to move to Des Peres, check out the numbers for April 2024 data.  The market is a sellers market here.  What do I say this?  By looking at the months of inventory.  Des Peres currently has 2.3 months of inventory.  Meaning, if no new homes came on the market, we only have enough inventory to last 2.3 months.  A balanced market of buyers and sellers would have around 5 to 7 months of inventory.  In Des Peres’ case this last month, out of the 14 active properties on the market, 8 of those were already under contract.  That left only 6 active properties on the market.  We are in full swing of the spring buying season, so things are picking up even more.

All this data obviously has an impact on your homes price.  If you are curious what that would be, click the link below and I’ll send you a personalized, free market analysis.  https://livingwestcounty.com/value/

Look out for other market updates for other West County cities in the coming weeks!