St. Louis Real Estate-Market Watch May 16th, 2009

By
Real Estate Agent with Keller Williams Realty St. Louis

The St. Louis Real Estate Market this week still shows great buyer and seller activity.  Our pending ratio is up to 16.8 percent, with more active listings coming on the market and more homes accepting contracts this week.

The price ranges that typically keep our local market moving; from $100,000 to $300,000 continue with the highest amount of activity, with pending ratios very near and above 20 percent.   We see inventory in these price ranges at anywhere from 4.2 months to 6 months

 

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