The number of single family homes sold in 2012 in University City has increased by 14% but the average price for homes has decreased by 4%. I would expect now that the volume of sale has increased we will see home prices stabalize in 2013.
Homes Sold $250,000 and above in University City.Year # Homes Sold Average Price Per Sq Ft Average Sold Price 2012 162 $163 $384,000 2011 142 $165 $400,000
Please visit Ladue-Frontenac Patch and Clayton-Richmond Heights Patch for market information in those neighborhoods.
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About this Column: The market data is pulled from the Mid America Regional Information System. All information is deemed reliable but not guaranteed.