Can I Sell My House in Saint Louis Without Listing It?

Is now a good time to sell my house in Saint Louis?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

To read the market in Saint Louis, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Saint Louis house as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Older homes are the norm in Saint Louis. In our sample, two of two homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there hold more of their value against new construction than the Missouri median, 16.9 percent against 9.3 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Saint Louis house off-market?

Privacy, no repairs and a closing date you choose.

• No public listing. No MLS listing, no listing photos and no open house.
• The house as it stands. No repairs, no staging and no deep clean before closing.
• Your date. Close in a few weeks or a few months, whichever suits your next move.
• One counterpart. You deal with one buyer, not a run of showings and counteroffers.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

How fast can I sell my house in Saint Louis?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Missouri requires are done.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Saint Louis?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Saint Louis house off-market work?

In four steps, with no listing and no showings.

1. You tell us about the house, by the offer form or by contacting us.
2. Someone on our team reviews the house and the neighborhood and may ask to see it.
3. You get an offer, with no obligation to accept it.
4. If you accept, a title company or closing attorney handles the closing on the date you choose.

You will know in writing who the buyer is before you sign anything.

What if my Saint Louis house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

Do I need an agent to sell my house in Saint Louis?

No. You can sell without a listing agent, by marketing the house yourself or by selling directly to a buyer. You will usually need a title company, escrow company or closing attorney, depending on practice in Missouri.

Many owners who skip the agent still hire a real estate attorney to review the contract.

How does Saint Louis compare with nearby neighborhoods?

Saint Louis, 7 miles away, shows two older homes among the five we sampled. Saint Louis, 7 miles away, has one older home among the one we sampled. Bargersville, 230 miles away, counts one older home among the one we sampled. Saint Louis ranks tied for 550th nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the Missouri page lists all 3 in the state.

Do older homes in Saint Louis sell for less than new construction?

In our sample, yes. The average price of older homes in 63105 was 16.9 percent of the average price of new construction in the same ZIP code. The Missouri median is 9.3 percent, and the index median is 23.1 percent. With two older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.