jefferson county: St. Louis Real Estate-Market Watch April 25th, 2009
- 04/26/09 03:59 PM
The St. Louis Real Estate Market this week continues with good buyer and seller activity with an increase in active listings and an increase in our pending ratio by almost 1 percent from last week. Granted, this is the time of year we always see an increase in activity, but we are definitely seeing positive signs from the buyers and sellers we talk to. However, don't confuse this increase in activity with pricing. Home prices are still a bit behind last year at this
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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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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jefferson county: 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)
jefferson county: St. Louis Real Estate-Market Watch May 24th, 2008
- 05/25/08 10:13 AM
The St. Louis Real Estate Market this week continues to hold steady without any major ups or downs. Our active listings have increased a bit, along with the number of homes accepting contracts which drives our pending ratio up to 17.46 percent. With an average of 5.7 months of inventory, we are definitely in that "transitional" range, and a bit closer to a seller's market. Sellers-don't get too excited, because we are still in a definite buyer's market. This
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jefferson county: St. Louis Real Estate-Market Watch May 17th, 2008
- 05/18/08 04:51 AM
The St. Louis Real Estate Market this week is exhibiting more signs of improvement as active listings are increasing and accepted contracts increasing. These events have pushed the pending ratios up in most price ranges, with the average pending ratio better than 2 percent higher than two weeks ago. We are also seeing the average listing price inching upward a bit-another good sign. We'll see if the average sales price inches up along with it in the months that follow. For the most part, our inventory still remains in that "Transitional" area of 5-7 months.
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jefferson county: St. Louis Real Estate-Market Watch May 3rd, 2008
- 05/04/08 02:19 PM
The St. Louis Real Estate Market this week shows a small gain in active listings, with fewer homes accepting contracts, thus our pending ratio has declined back to almost 15 percent from last week's 16.16 percent. Not to worry-so far. This is the time of year that we should be seeing more than meager increases in active listings and buyer activity increasing a bit more. The next 4-6 weeks will tell us if we will be seeing our usual summer activity or whether the summer of 2008
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jefferson county: St. Louis Real Estate-Market Watch April 26th, 2008
- 04/27/08 02:19 PM
The St. Louis Real Estate Market this week continues to show good signs of activity in the lower price ranges; those between $125,000 to $300,000, as the pending ratios continue to perform above the average. Inventory in these price ranges continues to be in that "transitional" level with the $175,000-$199,999 price range showing signs of a sellers market, at least right now. The $450,000-$499,999 price range is also showing great activity with a pending ratio at
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jefferson county: St. Louis Real Estate-Market Watch April 12th, 2008
- 04/13/08 04:46 AM
The St. Louis Real Estate Market this week is showing small increases in active listings and homes accepting contracts, thus pushing our average pending ratio over 15.5 percent. The major segment of our market which falls in the $100,000 to $300,000 price ranges are exhibiting better than average pending ratios. These price ranges make up 61.7 percent of the active listings this week which tells us that it IS a good time to be in the marketplace. If you are a seller in these price ranges, check out the average list to sale price
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jefferson county: St. Louis Real Estate-Market Watch April 5th. 2008
- 04/06/08 06:01 AM
The St. Louis Real Estate Market for the first week of April continues a fairly flat performance so far. We are still seeing a small increase in active listings, and a small increase in homes sold, however, our pending ratio has dropped by more than 1 percent this week. With the small increases in active listings and homes sold, we would expect the pending ratio to remain close to constant. However, we also are seeing a decrease in the number of homes accepting contracts, which will drive the pending ratio lower.
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jefferson county: St. Louis Real Estate-Market Watch March 28th, 2008
- 03/30/08 05:59 AM
The St. Louis Real Estate Market this week continues in our usual Spring trends with increased active listings, a pending ratio very close to 16%, and our average list prices just inching up slightly. In most price ranges, though, we are still below the average list prices we saw a year ago at this time. Our inventory levels in St. Louis are remaining in that Transitional range of 5-7 months, with 6 price ranges falling below 6 months of inventory.
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The St. Louis Real Estate Market this week continues with good buyer and seller activity with an increase in active listings and an increase in our pending ratio by almost 1 percent from last week. Granted, this is the time of year we always see an increase in activity, but we are definitely seeing positive signs from the buyers and sellers we talk to. ;)
;)
