The present housing market in St. Charles is down with high active listings and low sales volume. Home prices have increased 21.8% in the past month alone. With 13 active listings, inventory is 117% higher than seasonal norms. Homes are now taking an average of 16 days to sell, significantly longer than the 5 days typical for this market. A significant 46.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 22.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the St. Charles market with the affordability index at 23.4. Based on current market indicators, home prices in St. Charles are projected to increase by approximately 53.7% over the next month.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A