St. Louis Real Estate-Market Watch January 2nd, 2010

Real Estate Agent with Keller Williams Realty Southwest

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 is in our typical cold weather, winter mode. We are seeing less active listings, less homes accepting contracts, which has dropped the pending ratio somewhat to 11.9 percent.

Even though it's bitter cold right now, we are still experiencing buyer activity, fueled by the extended tax credit and favorable interest rates.  Homes in the First Time Homebuyer price ranges continue to get showings.  Sellers in the market now should


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