property: 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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property: 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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property: 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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property: 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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property: 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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property: 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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property: 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)
property: 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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property: 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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property: 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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property: 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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property: St. Louis Real Estate-Market Watch February 29th, 2008
- 02/29/08 05:34 PM
The St. Louis Real Estate Market this week continues to show better buyer activity as evidenced by the pending ratio pushing up over 15% for the first time since August 2007. In some of the price ranges between $125,000 and $299,000 pending ratios are as high as 18.7%. Homes that are on the market now are selling, and those that are priced at market value are selling quickly. HOWEVER, don't get buyer activilty and increased home sales confused with pricing. Home prices still continue to decline, and by all indications and predictions by the "experts", we will continue to experience home price … (0 comments)
property: St. Louis Real Estate-Market Watch February 8th, 2008
- 02/09/08 02:59 AM
The St. Louis Real Estate Market this week continues to show positive signs with more active listings, more homes accepting contracts (pendings) and consequently our average pending ratio has climbed above 13% for the first time since November 2007. Our St. Louis Real Estate Market seems to be keeping ahead of the national trends, however. Check out Inman News' article by John Burns untitled, "Real Estate's February Report Card". In his article, John Burns gives an overview of the current National Real Estate Health and talks about our current economic growth, the Leading indicators, Mortgage rates, Consumer behavior and New home Markets. In … (0 comments)
property: St. Louis Real Estate-Market Watch February 1st, 2008
- 02/02/08 04:05 AM
The St. Louis Real Estate Market marches forward through the snow this week with an increased number of homes accepting contracts (pendings) and the average pending ratio near 13%. In the price ranges between $125,000 and $200,000 the pending ratios are above 16%. Perhaps some of the market predictions are beginning to come true, as we are seeing our average sale prices inching upward a bit also. The average list price to sales price percentages are also improving in some price ranges. In all price ranges, except for the $800,000 and above range, we see anywhere
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property: St. Louis Real Estate-Market Watch January 25th, 2008
- 01/25/08 04:07 PM
The St. Louis Real Estate Market this week continues to show signs of improvement with increases in active listings and homes accepting contracts. Our pending ratio has climbed to almost 12%. That's almost a 1% jump in one week. In the lower price ranges that move our St. Louis market, we see pending ratios already over 12%. We are also seeing in the last week or so, the average list prices are going up ever so slightly along with the average selling prices. The comparison between the average list price to the average selling price over the last six months has … (0 comments)
property: St. Louis Real-Market Watch January 18, 2008
- 01/18/08 04:57 PM
St. Louis Real Estate Market Watch by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo.January 18th, 2008The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome! The St. Louis Real Estate market continues to show positive signs this week with an increase in active listings and a small increase in accepted contracts (pending sales). The pending ratio has dropped just slightly, which is to be expected … (0 comments)
property: St. Louis Real Estate-Market Watch January 11th, 2008
- 01/11/08 03:53 PM
St. Louis Real Estate Market Watch by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo.January 11th, 2008The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome! The St. Louis Real Estate Market is finally starting to show some signs of picking up a bit. For the first time in the last four weeks, we are seeing an increase of active listings, an increase in the number … (0 comments)
property: St. Louis Real Estate-Steady As She Goes..
- 10/13/07 05:51 AM
St. Louis Real Estate Market Watch October 13th, 2007The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and Bi-weekly St. Charles County Market and Jefferson County Market Watch Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome! Over the last several weeks our St. Louis County Real Estate Market has seemed to stabilize a bit, with our total listing numbers still hovering above the 6000 mark and the pending ratio is remaining around 11.5%. This week our listing numbers have actually inched upward over last week and … (0 comments)
property: St. Louis Real Estate-Trudging Along..
- 10/06/07 08:00 AM
St. Louis Real Estate Market Watch October 6th, 2007The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and St. Charles County Market Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome! The St. Louis Real Estate Market this week again looks a lot like last week, in our Fall slowing trend. Our total active listings are dropping, and are expected to be under 6000 by next week. Following the active listings of course is a drop in pending sales and our pending ratio is headed lower as … (0 comments)
property: St. Louis Real Estate-NOW WHAT!?
- 09/28/07 02:04 PM
St. Louis Real Estate Market Watch September 28th, 2007The Anatomy of St. Louis Real Estate The St. Louis Home for Sale Team provides a weekly St. Louis County and St. Charles County Market Report to review and plug into your home buying or selling scenario. Your questions and comments are welcome! Our St. Louis Real Estate Market seems to be "holding it's own", at least for the month of September. The Pending Ratio (our comparison of number of listings to accepted contracts in the last month) has remained between 12%-13% and the the average list prices have remained fairly stable in all price ranges. Some may say we've hit the bottom in … (0 comments)
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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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