The present housing market in Creve Coeur is down with high active listings and low sales volume. Home prices have decreased 28.1% in the past month. With 14 active listings, inventory is 56% higher than seasonal norms. Homes are taking about 9 days to sell, which is -2 days longer than this time last year. A significant 35.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Creve Coeur market with the affordability index at 79.7. Based on current market indicators, home prices in Creve Coeur are projected to decrease by approximately 3.2% over the next month.
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