Following are the weekly (past 7 days) market statistics for the City of St Louis (Areas 1,2,3) for residential single family homes. These figures were gathered from the local multiple listing service.
There were 88 new Active listings, with list prices ranging from $19,900 to $2,200,000.
There were 18 listings that went under contract (Option/Contingent), with list prices ranging from $33,000 to $2,200,000.
62 listings went Pending, with list prices ranging from $8,900 to $624,999.
34 listings Sold, with Sold prices ranging from $17,500 to $390,000.
49 listings Expired, with list prices ranging from $9,500 to $349,000.
18 listings went Inactive (Withdrawn/Cancelled), with list prices ranging from $$39,900 to $675,000.
Total active listings on the market were 1750 residential listings.
Of the 34 Solds, 35.3% were on the market for 0-30 days, and 26.5% were on the market for 120+ days. The average sales price to list price ratio for the 0-30 day solds was 107.2%, and the average sales price to list price ratio for the 120+ day solds was 93%. This tells me it pays to list your home correctly at the start. It will sell faster and you will get more for it.
Comments(0)