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St. Louis Real Estate-Market Watch January 25th, 2008

By
Real Estate Agent with Keller Williams Realty St. Louis

The St. Louis Real Estate Market this week continues to show signs of improvement with increases in active listings and homes accepting contracts.  Our pending ratio has climbed to almost 12%.  That's almost a 1% jump in one week.  In the lower price ranges that move our St. Louis market, we see pending ratios already over 12%.

We are also seeing in the last week or so, the average list prices are going up ever so slightly along with the average selling prices.  The comparison between the average list price to the average selling price over the last six months has remained above 97% in all

 

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