The St. Louis Real Estate Market this week continues our September trends with a few less active listings. Buyer activity remains steady, as homes are accepting contracts and our pending ratio is holding above 12 percent so far.
The price ranges that tend to keep our market moving; $100,000 through
The St. Louis Real Estate Market this week is pretty much a mirror image of last week, so I won't bore you with reciting numbers-just click on the Market Watch report for this week and read the numbers for yourself.
The part of the current Market Watch that bears some discussion is the comparison of this week's total average statistics versus this same week last year. This week, we are 615 active listings fewer than last year at this time. Our pending
The St. Louis Real Estate Market this week begins September with fewer active listings and our average pending ratio at 12.29 percent. Our six month survey of closed transactions ( solds) continues to inch upward due to the numbers of homes that accepted contracts a few months ago and are finally at the closing table.
Our six month survey of market rejected (expired) listings
The St. Louis Real Estate Market this weeks shows a few more active listings coming on the market and still fewer homes accepting contracts. Thus, our pending ratio has fallen again to 12.37 percent. This past February was the last time we saw a pending ratio under 13 percent. We are starting to move into our fall statistics now, instead of waiting until mid September and into October.
The St. Louis Real Estate Market this week shows more signs of inventory shrinking with fewer active listings and our pending ratio dropping to 13.54 percent. This same week in August 2007 we saw 11.5 percent more active listings with 16.7 percent more homes accepting contracts. The pending ratio the week of August
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