st louis real estate market: What's going on in the St. Louis residential real estate market? - 07/14/13 11:00 PM
What's going on in the St. Louis residential real estate market?  Every month, I analyze the market in St. Louis County, St. Louis City, St. Charles County and the condo market.  We publish these reports on the second week of each month.  This link will take you to my form to add you to my email distribution list:  What's going on in the St. Louis residential real estate market?
Here's the skinny.  For St. Louis county YTD 2013 v. YTD 2012... average sale price has increased 4.45% to $186,460.  I predict we will see this advance taper off as we head … (0 comments)

st louis real estate market: Luxury Home Sales in St. Louis - 07/12/13 10:45 PM
Luxury homes sales in St. Louis are up over the past year.  Currently, we have 273 homes on the market (not under contract) in St. Louis county above $800,000.  70 homes above $800,000 are under contract!  So 20.4% of all luxury homes are under contract.  Interestingly, 1 year ago, only 15.9% of homes in this price range were under contract.  
Buyer's have finally begun to make decisions.  And the buyer pool has dropped significantly as their purchases are closing.  Luxury home sales in St. Louis are closing at a rate of 21.3 homes per month.  As inventory has dwindled, as … (0 comments)

st louis real estate market: How is the St. Louis Real Estate Market Doing? - 07/09/13 01:16 PM
How is the St. Louis Real Estate Market Doing?  I get this question all the time!  The St. Louis real estate market has been extremely strong this year.  We currently have 2.95 months of inventory in St. Louis.  This would indicate a STRONG SELLER'S MARKET by the National Association of Realtors.  36.3% of all homes in St. Louis are currently under contract.  To put this into perspective, last year in July 2012, about 25% of all homes were under contract.  The St. Louis market has far more buyers in 2013 than in 2012.
Interestingly, we are also seeing about a … (0 comments)

 
Russell Nolting (Keller Williams Realty Saint Louis)

Russell Nolting

Saint Louis, MO

More about me…

Keller Williams Realty Saint Louis

Address: 10936 Manchester Road, Saint Louis, MO, 63122

Office: (314) 677-6000

Mobile: (314) 610-1452

St. Louis Real Estate Leader is designed to communicate St. Louis real estate stats, training tips, and consumer advice for the St. Louis residential real estate market -- with just a little bit of St. Louis fun thrown in!


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