December 2025 Housing Report
Information provided by St. Louis Realtors
"Each Housing Report, released around mid-month, provides a market snapshot of MLS sales activity covering the previous month for St. Louis City and County combined. It includes key performance indicators such as median sales price, number of homes sold, and days on the market – with year-over-year comparisons."
U.S. existing home sales ticked up 0.5% from the previous month to a seasonally adjusted annual rate of 4.13 million, marking the third consecutive monthly increase, according to the National Association of REALTORS® (NAR). However, sales were down 1% from the same period last year. Regionally, sales rose month-over-month in the Northeast and South, were unchanged in the West, and declined in the Midwest. On a year-over-year basis, sales were flat in the Northeast and South and fell in both the Midwest and West.
New listings decreased 8.8% for residential homes and 3.2% for townhouse/condo homes. Pending sales decreased 8.3% for residential homes and 23.8% for townhouse/condo homes. Inventory decreased 5.3% for residential homes but increased 6.8% for townhouse/condo homes.
Median sales price increased 9.1% to $300,000 for residential homes but decreased 11.4% to $221,500 for townhouse/condo homes. Days on market decreased 2.7% for residential homes but increased 6.7% for townhouse/condo homes. Months supply of inventory decreased 5% for residential homes but increased 4% for townhouse/condo homes.
The national median existing-home price continued to climb, rising 1.2% from a year ago to $409,200, according to NAR. This year-over-year increase—the 29th consecutive monthly gain—reflects ongoing tightness in housing supply. At the end of November, there were 1.43 million units for sale, down 5.9% from the previous month but up 7.5% from the same time last year, representing a 4.2-month supply at the current sales pace.
