The prices in real estate in Saint Louis, in the Missouri region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Saint Louis has fallen in the last 6 months. In April, the average price per sq.feet was $142. In May this price pretty much remained the same at a value of $142 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $142 to $158 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $150 to $77.5 during August, and September.
Based upon to the price in Saint Louis (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $210,251. During May the price went through a considerable rise reaching $252,720. During the following two months (June, July) the price has had an average incrementation from $231,485.5 to $263,836.5. During the last two months the average price has had a strong fall compared to the previous four going from $247,661 to $120,316, which means a 49 % fall.