The St. Louis Real Estate Market this week gives evidence as to why sellers ought to stay in the marketplace and why buyers ought to be buying right now.
Active listings have dropped by 234 this week, followed by accepted contracts (pendings) only dropping by 10. This has caused our pending ratio to bump up a bit to 10.04 percent. Buyer activity has not declined nearly as much as seller activity.
Our average listing price has remained fairly stable for the last several months, while
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