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BusinessMay 15, 2023

Missouri Realtors CEO Breanna Vanstrom said in a video released last week with March 2023 statistics — the most recent available — that Southeast Missouri, like the rest of the Show Me State, continues to feel the impact of increased interest rates and low home inventory...

Breanna Vanstrom
Breanna Vanstrom

Missouri Realtors CEO Breanna Vanstrom said in a video released last week with March 2023 statistics — the most recent available — that Southeast Missouri, like the rest of the Show Me State, continues to feel the impact of increased interest rates and low home inventory.

In March, Vanstrom said, 114 homes sold in the region, down 1.7% compared to same month one year ago.

Median sales price was $194,000, a 10.5% increase in a year's time.

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Total sales volume in March was $26,334,537, 2% better than 12 months ago.

The number of days on market before a completed transaction for listed properties rose to 40 in Southeast Missouri, eight days slower than March 2022.

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