St. Louis Real Estate-Market Watch December 13th, 2009 - 12/14/09 01:06 PM
 The St. Louis Real Estate Market this week heads for the Holidays with activity slowing just a bit.  Buyer activity is still very good, especially in the lower price ranges anywhere from $280,000 and down.  Why $280,000, you ask?
In the St. Louis Metropolitan area, FHA lending limits for single family homes are $281,000, and with a great number of buyers choosing to use FHA lending, it stands to reason that these price ranges will have the most activity.
One item to note is that for the second week in a row, 
 
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St. Louis Real Estate-Market Watch December 2009 - 12/07/09 04:06 PM
For a brief look back this year, we took a look at the change in list prices and sales prices for the past six months compared with the some six month time frame last year.  We found that average list prices fluctuated between 1 percent and 3 percent and sales prices fluctuated between 0 percent and 1.7 percent.  The big differences in all price ranges continues to be the number of days that a home stays on the market before it is sold.  Compared to the last six months of last year, days on market fluctuated between 13.6 percent up to 51.3 percent.
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Art Wagner

Saint Louis, MO

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Keller Williams Realty Southwest

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