St. Louis - Kirkwood - Hayley Tomazic

April 2024 Market Update

In St. Louis, the real estate market is bustling with activity, leaning heavily in favor of sellers. Inventory is tight, leading to swift sales and multiple offers on properties, often resulting in sales above asking price. Buyers are eager, especially in suburban areas, where demand for spacious homes with outdoor amenities is particularly high. Affordability concerns linger, but overall, the market is dynamic and resilient, reflecting the city’s appeal as a desirable real estate destination.

In a recent development, St. Louis has earned the top spot in Zillow’s ranking as the best market for first-time homebuyers. This recognition underscores the city’s appeal for those entering the housing market for the first time. With its combination of affordable housing options, vibrant communities, and strong market conditions, St. Louis offers an ideal environment for individuals looking to purchase their first home. This accolade further highlights the city’s position as a favorable destination for prospective buyers seeking to make their homeownership dreams a reality.

Homes in impeccable, A+ condition remain highly sought after in the St. Louis market, attracting significant interest from prospective buyers. If you’re considering selling your home, it’s wise to start strategizing early on potential improvements that can enhance its appeal and value. Whether it’s minor touch-ups or more substantial renovations, investing in your property’s presentation can yield significant returns. Don’t hesitate to reach out if you have any questions or need guidance on preparing your home for sale. We’re here to help you navigate the process and maximize the potential of your property in today’s competitive market.

- Hayley Tomazic
314-229-2009

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