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Tuesday, October 8, 2024

St. Charles home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in St. Charles fell by $4,450 while total sales decreased by 21.7%, according to BlockShopper.com.

From January through March of 2020, there were 184 homes sold, with a median sale price of $180,550 - a 2.4% decrease over the $185,000 median sale price for the same period of the previous year. There were 235 homes sold in St. Charles in the first quarter of 2019.

The median sales tax in St. Charles for the most recent year with available data, 2015, was $2,157, approximately 1.2% of the median home sale price for the first quarter of 2020.

The following table compares St. Charles to other St. Charles County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
St. Paul28-75%$380,000$224,00069.6%
Dardenne Prairie443525.7%$330,200$272,00021.4%
Defiance510-50%$320,000$384,950-16.9%
Foristell770%$260,000$200,45529.7%
Lake St. Louis67661.5%$245,000$252,000-2.8%
Weldon Spring94922.2%$233,000$229,7501.4%
Wentzville11610411.5%$222,250$220,0501%
O'Fallon2382360.8%$222,000$213,7503.9%
St. Peters2652515.6%$200,000$195,0002.6%
Cottleville5254-3.7%$187,500$177,0005.9%
St. Charles184235-21.7%$180,550$185,000-2.4%

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