home: St. Louis Real Estate-Market Watch November 8th, 2008
- 11/09/08 08:20 AM
The St. Louis Real Estate Market this week is "getting ready for the holidays". Our pending ratio has risen slightly to 10.65 percent, which reflects about the same number of homes accepting contacts as last week, but with fewer active listings. We are still seeing lower numbers of homes sold this past six months, compared to the same six months last year. Most of the sellers who have let their listings expire are telling us they are ready to take a break until the holidays are over. For the sellers that are still on the market-STAY THERE; Buyer
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home: St. Louis Real Estate-Market Watch October 25th, 2008
- 10/26/08 06:50 AM
The St. Louis Real Estate Market this week has our pending ratio declining to 10.77 percent, down from last wweek's 11.33 percent. We are showing about the same number of active listings, but again, fewer homes accepting contracts. Some buyers are still "sitting on the fence", waiting to see what will happen with our financial and housing markets. Due to this situation, our average month's of inventory has risen to 9.3 months. Notice that one year ago this week our average months of inventory was 10.4 months. Buyers, you still have fewer homes to choose from than last year. RisMedia.com released … (0 comments)
home: St. Louis Real Estate-Market Watch October 18th, 2008
- 10/19/08 11:29 AM
The St. Louis Real Estate Market this week shows a very small increase in activity with a few more homes accepting contracts, coupled with less active listings, which has pushed our pending ratio up to 11.33 percent. Our number of homes sold in the past six months continues to decline with an increase in expired or market rejected listings. The buyers we've talked with this week are still taking "stock", literally of their positions with their investments and how the last several weeks of the stock
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home: St. Louis Real Estate-Market Watch October 11th, 2008
- 10/12/08 08:57 AM
The St. Louis Real Estate Market this week continues to exhibit an air of caution. Our pending ratio is down under 11 percent, with fewer listings coming on the market and more homes falling into the expired listing column. Our average listing prices and selling prices are holding steady through all this and homes that are selling are doing so at an average 95.3 percent of list price. On a comparison
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home: St. Louis Real Estate-Market Watch October 4th, 2008
- 10/05/08 12:56 PM
The St. Louis Real Estate Market this week is seeing 100+ fewer listings than last week and fewer homes accepting contracts. Our pending ratio is better than one percent below last week at 10.89 percent and we are seeing more listings expiring and staying off the market, at least for now. It's no wonder, with all the financial news this past week. Between the $700 Billion Bailout package issues this past week and now we're still not sure whether Citicorp
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home: St. Louis Real Estate-Market Watch September 27th, 2008
- 09/28/08 05:23 PM
The St. Louis Real Estate Market this week shows more signs of slowing down a bit with fewer active listings, fewer homes accepting contracts and our pending ratio has dropped below 12 percent. Our average list prices have dropped a bit with average sales prices inching upward slightly, thereby pushing the list to sales price percentage a bit over 95 percent.
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home: St. Louis Real Estate-Market Watch September 20th, 2008
- 09/21/08 04:05 PM
The St. Louis Real Estate Market this week continues our September trends with a few less active listings. Buyer activity remains steady, as homes are accepting contracts and our pending ratio is holding above 12 percent so far. The price ranges that tend to keep our market moving; $100,000 through
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home: St. Louis Real Estate-Market Watch September 13th, 2008
- 09/14/08 12:52 PM
The St. Louis Real Estate Market this week is pretty much a mirror image of last week, so I won't bore you with reciting numbers-just click on the Market Watch report for this week and read the numbers for yourself. The part of the current Market Watch that bears some discussion is the comparison of this week's total average statistics versus this same week last year. This week, we are 615 active listings fewer than last year at this time. Our pending
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home: St. Louis Real Estate-Market Watch September 6th, 2008
- 09/07/08 01:41 PM
The St. Louis Real Estate Market this week begins September with fewer active listings and our average pending ratio at 12.29 percent. Our six month survey of closed transactions ( solds) continues to inch upward due to the numbers of homes that accepted contracts a few months ago and are finally at the closing table. Our six month survey of market rejected (expired) listings
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home: St. Louis Real Estate-Market Watch August 23rd, 2008
- 08/24/08 02:01 PM
The St. Louis Real Estate Market this week shows more signs of inventory shrinking with fewer active listings and our pending ratio dropping to 13.54 percent. This same week in August 2007 we saw 11.5 percent more active listings with 16.7 percent more homes accepting contracts. The pending ratio the week of August
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home: St. Louis Real Estate-Market Watch August 16th, 2008
- 08/17/08 12:03 PM
The St. Louis Real Estate Market this week continues our summer of 2008 trends as we see fewer homes coming on the market again. However, we are seeing a few more homes selling this week as our pending ratio inches up to 14.18 percent. Our list prices and sales prices are holding steady, as well, evidenced by the List to Sales Price average of 95.4%.
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home: St. Louis Real Estate-Market Watch August 9th, 2008
- 08/10/08 07:44 AM
The St. Louis Real Estate Market this week is showing a bit of an increase in active listings. We are also seeing fewer homes accepting contracts in the last 30-40 days (pending) and our pending ratio has dropped below 14 percent. However, the number of homes sold (contracts closed) in the last six months is still
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home: St. Louis Real Estate-Market Watch August 2nd, 2008
- 08/03/08 07:53 AM
The Saint Louis Real Estate Market this week is in our typical "summer slow-down" with quite a few less active listings, less homes accepting contracts and a small increase in expired listings. Our pending ratio has dropped to 14.44% from 15.02% from last week. This "summer slow-down" is typical in August, with many people taking last minute
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home: St. Louis Real Estate-Market Watch July 26th, 2008
- 07/27/08 08:29 AM
The Saint Louis Real Estate Market this week is showing less active listings than the previous couple of weeks. We are still seeing homes selling, as our pending ratio has remained consistent. We are showing an increase in the pending ratio this week, however this is only due to less acive listings and home sales remaining at previous
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home: Saint Louis Real Estate-Market Watch July 19th, 2008
- 07/20/08 09:43 AM
The Saint Louis Real Estate Market this week sees our buyer activity remaining steady, with only a few new active listings. Our average pending ratio has climbed to 14.46% with a few more homes accepting contracts. With the heat of summer and interest rates inching upward to around 6.26% for a 30
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home: Saint Louis Real Estate-Market Watch July 12th, 2008
- 07/13/08 09:56 AM
The Saint Louis Real Estate Market this week continues to show signs of "buyer hesitation" evidenced by a slight increase in active listings with the pending ratio dropping below 14%. With buyers hesitating, not knowing where or when home prices will "bottom out", and some sellers remaining unrealistic with their pricing, we have to ask, "Where are
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home: Saint Louis Real Estate-Market Watch July 5th, 2008
- 07/06/08 04:05 AM
The Saint Louis Real Estate Market this week seems to be slowing a bit with fewer active listings and fewer homes accepting contracts. Thus, our pending ratio has dropped to 14.47 percent. This is the time of the year where we should be at our peak for listings and sales activity. As the summer progresses, it is usually the heat of the summer that tends to slow activity. This summer, with almost perfect weather so far, we see this slow-down fueled by (no pun intended) the increase in gas prices, interest rates adjusting upward a bit
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home: St. Louis Real Estate Market Watch June 21st, 2008
- 06/22/08 05:45 AM
The St. Louis Real Estate Market this week looks like last week, once again. We have not seen any significant increases or decreases across the board this week. Most of our numbers are stagnant, with a very small increase in active listings, homes accepting contracts and the pending ratio trending upward by .17 percent. It also looks like some of our predictions for the summer are unfortunately coming true. We are almost 500 active listings behind last year's active listings. Our 3471 homes sold in the last six months of 2008 is over 1000 behind last year's homes sold numbers for the same … (1 comments)
home: St. Louis Real Estate-Market Watch June 14th, 2008
- 06/15/08 04:40 AM
The St. Louis Real Estate Market this week doesn't look much different than last week-relatively flat. We see a few more active listings, homes sold and the pending ratio increasing slightly. At an average 6.4 months of inventory, we are still very much in a buyer's market. Buying activity has slowed a bit, possibly due to the increase in interest rates from an
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home: St. Louis Real Estate-Market Watch June 7th, 2008
- 06/08/08 11:55 AM
The St. Louis Real Estate Market this week continues to remain stable, with a small increase in active listings. However, we are seeing a drop in accepted contracts, thus our pending ratio has dropped this week to 15.61 percent. Average list prices and sales prices continue to move upward slightly and if you compare these to last year's
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The St. Louis Real Estate Market this week is "getting ready for the holidays". Our pending ratio has risen slightly to 10.65 percent, which reflects about the same number of homes accepting contacts as last week, but with fewer active listings.;)
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