St. Louis Real Estate-Market Watch November 30th, 2009 - 11/30/09 02:47 PM
 Our St. Louis Real Estate Market this week is definitely showing signs of Holiday Slow-Down.  Over the past two weeks, we've seen active listings decline by 243 listings and homes accepting contracts have declined by 175.   Due to this decline, our pending ratio has dropped to 12.77 percent as compared to 16.03 percent just two weeks ago. 
Blame the holidays and we think first time homebuyer activity has slowed a bit since the extension has passed.  First Time Homebuyers are not faced with such a small window of opportunity
 
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St. Louis Real Estate-Market Watch November 14th, 2009 - 11/15/09 01:29 PM
The St. Louis Real Estate Market this week moves into the bottom half of November with activity at a level much like the past several weeks-steady.  We are seeing a few less listings coming on the market, but our pending numbers (homes accepting contracts) is still very strong. 
Compared to last year at this time,  we are seeing over 200 more homes in the "pending" column with less active listings than last year.  Our average pending ratio this week sits at 16.043 percent compared to last year at 10.27 percent.
We hope to see our pending ratios through
 
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St. Louis Real Estate-Market Watch November 7th, 2009 - 11/09/09 09:35 AM
The St. Louis Real Estate Market this week shows good activity in the lower price ranges, with pending ratios ranging from 17 percent up to 25.7 percent.  Some of the higher price ranges are also still showing pending ratios above 12 percent. 
As most of you probably already have read, President Obama signed into law last week the extension of the First Time Home Buyer's Tax Credit with a couple of new twists.  The extension
 
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St. Louis Real Estate-Market Watch October 31st, 2009 - 11/02/09 07:23 AM
 The St. Louis Real Estate Market this week  is showing some signs of slowing down a bit.  Active listings have dropped by about 5 percent, from 4816 last week to 4568 this week. Every price range from $100,000 up to $350,000 has seen decreases in active listings, homes accepting contracts and pending ratios. 
At this time last year, however, even with over 400 more active listings, we were showing only 527  homes accepting contracts (pending) against  769 homes pending this year at this time.  Our average pending ratio last year at this time was 10.6 percent against a pending ratio of 16.83 … (0 comments)

 

Art Wagner

Saint Louis, MO

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Keller Williams Realty Southwest

Office Phone: (636) 600-1074

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