sell: St. Louis Real Estate-Market Watch December 20th, 2008
- 12/21/08 12:12 PM
T'was the weekend before Christmas, and all through the St. Louis Real Estate Market buyers and sellers alike seem to be focusing on the Holidays and putting their home buying and selling process as a second priority. As usual at this time of year, we are seeing active listings and
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sell: St. Louis Real Estate-Market Watch December 6th, 2008
- 12/07/08 06:25 AM
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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sell: St. Louis Real Estate-Market Watch November 29th, 2008
- 11/30/08 01:26 PM
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 this week continues to slow as we head into Holiday season with 100+ less active listings, almost 50 less accepted contracts and our pending ratio dropping below 10 percent to 9.76 percent. This is the lowest pending ratio we've recorded since we started tracking these statistics
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sell: St. Louis Real Estate-Market Watch November 15th, 2008
- 11/16/08 12:45 PM
The St. Louis Real Estate Market this week has our pending ratio dropping from last week to 10.27 percent, with a few more active listings and a few less homes accepting contracts. This "slow down" is very typical in our local St. Louis Real Estate Market for this time of the year, however, it feels worse this year, as we are well below last year's buyer and seller activity levels. What makes this year different
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sell: 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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sell: 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)
sell: 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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sell: 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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sell: 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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sell: 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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sell: 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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sell: 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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sell: 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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sell: St. Louis Real Estate-Market Watch August 30th, 2008
- 08/31/08 03:09 PM
The St. Louis Real Estate Market this weeks shows a few more active listings coming on the market and still fewer homes accepting contracts. Thus, our pending ratio has fallen again to 12.37 percent. This past February was the last time we saw a pending ratio under 13 percent. We are starting to move into our fall statistics now, instead of waiting until mid September and into October.
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sell: 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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sell: 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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sell: 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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sell: 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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sell: 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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sell: 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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T'was the weekend before Christmas, and all through the St. Louis Real Estate Market buyers and sellers alike seem to be focusing on the Holidays and putting their home buying and selling process as a second priority.;)
;)
