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St. Louis Real Estate-Market Watch October 24th, 2009

By
Real Estate Agent with Keller Williams Realty Southwest

The St. Louis Real Estate Market this week  heads towards the end of October with activity very stable. Our average pending ratio continues to move in a positive direction, with more homes accepting contracts and getting sold.

Our average listing and selling prices are remaining stable also, with the average list price to sales price percentage still at 96 percent.  Inventory still remains at acceptable levels at an average of 5.8 months

In an article published by RISMedia.com, the National Association of Realtors proclaimed that existing home sales bounced

 

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Comments (1)

David Zablatsky
Avant Realty Group - Needham, MA
Real Estate - Needham, MA

Art,

Thank you so very much for your posting!

-David

Oct 25, 2009 03:59 PM