Missouri REALTORS® says the monthly statistics report highlighting the Missouri real estate market for the month of April shows an increase in the number of homes sold as compared to the same time period last year.
In April, Missouri REALTORS® sold 7,783 residential properties. This was a 26.8 percent increase compared to April 2020. Of those sales, the average residential property sold for $254,631. Compared to the average sale price of $209,984 in April of 2020, there was a 21.3 percent increase. The median residential sale price also grew substantially, from $179,900 in 2020 to $210,000 in 2021. This is a 16.7 percent increase.
In terms of dollar volume, Missouri REALTORS® saw an increase of 53.7 percent. Over $1.9 billion in April of this year was generated compared to $1.2 billion for the same time period last year.
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