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St. Louis Real Estate-Market Watch March 14th, 2008

By
Real Estate Agent with Keller Williams Realty St. Louis

FIRST-OUR SINCERE APOLOGIES FOR POSTING THIS SO LATE.  WE HAVE HAD SOME TECHNICAL ISSUES ARISE THIS WEEKEND AND WERE UNABLE TO POST UNTIL TODAY. 

The St. Louis Real Estate Market this week continues to show signs that Spring is on it's way.  Active Listings are above the 5000 mark. Buyer activity remains strong as more homes are accepting contracts with the pending ratio remaining above 15 percent.  Our inventory levels in most price ranges seem to indicate that we are in a Transitional or Balanced Market with 5-7 months of inventory.

 

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