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Real Estate Trends in St. Louis County Mo January 2011 through September 2011

By
Real Estate Broker/Owner with Keller Williams Realty STL

Real Estate Trends in St. Louis County Mo January 2011 through September 2011

 

Information from the Great St. Louis MLS

Real Estate Trends in St. Louis County MO


Even though the graph seems to indicate that statistics are better in September than they were in January, the one statistic that really tells the story is the absorption rate which has increased.  In January the absorption rate based on closed sales was 10.8 and in September it is 14.9.  The absorption rate based on pended sales went from 15.8 in January to 16.8 in September.

For more detailed information on these statistics or if you would like statitistics specific to your community, please contact Barbara Heise at bsheise@gmail.com.  Free Home Value Report

Posted by

"Unique Needs/Unique Solutions. Respecting individuality."

Barbara Heise, Keller Williams Realty, STL.  

 

UniqueSolutions@barbaraheise.com


    

Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Barbara, awsome job reporting on St. Louis county. This is the type of info I believe consumers want. I write local reports like this most of the time in my blogging efforts. They do not garner many comments from real estate agents, but that is not our goal is it? This is the straight scoop that folks can understand clearly without going throught the filter of news reporting which is generally national and semi hysterical and dooms day.

Oct 12, 2011 01:57 AM
Barbara Heise
Keller Williams Realty STL - Saint Louis, MO
Search for Homes for Sale in St. Louis

Thanks Steve and Jan,

These "trends" blogs serve a dual purpose for me.  The trends statistics are invaluable to me so I think it is good information for buyers and sellers too.

Oct 12, 2011 03:36 AM