On 'American Dream Home' on Fox Business, Cheryl Casone introduces viewers to a man in St. Louis who wanted a peaceful country retreat even amid today's record housing prices and bidding wars.
record prices, bidding wars and overheated valuationsTom of St. Louis, Missouri, was determined to find a relaxing country retreat both for himself and his children and grandchildren. His journey is revealed on the latest episode of"American Dream Home" on Fox Business Network.
This is one of the homes that musician Tom examined in the greater St. Louis area. On average, homes in St. Louis are selling after 15 days on the market right now, compared to 25 days last year.have doubled since March — and home prices remain elevated due to a limited supply of homes, although price gains are slowing quickly.
The average sale price of a home in St. Louis was $210K last month — up 5.0% since last year. In October 2022, St. Louis home prices were up 11.8% compared to last year, selling for a median price of $209K.
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