Today in St Louis - May 11, 2007

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Real Estate Agent with Platinum Realty 1999090686

Thank goodness it's Friday.  No reason, really, just glad it's the weekend... It rained again today, so no yard work was done.  I got the landscaping planted at the first Miami property, but it began raining before I could get started on the property across the street.  It poured yesterday afternoon.  No winds, but lightning, thunder and buckets of rain.  We've been sweeping water out the back door of the basement.  I'll finish planting this next week and then begin the mulching.  Thank goodness they have piles of free mulch for anyone to take at Carondelet Park.  Between the rental properties and home, it will take at least three truckloads...

Following are this week's real estate market statistics for the city of St. Louis (Areas 1,2,3).  Statistics are gathered from the local Multiple Listing Service (MARIS).

There were 373 status changes in the past 7 days.

There were new active properties, with prices ranging from $5.900 to $695,000.

There were 36 contingent/option properties, with prices ranging from $37,500 to $1,850,000.

There were 93 pending properties, with prices ranging from $19,900 to $589,000.

40 properties were sold (closed), with sold prices ranging from $8,750 to $575,000.

53 listings expired, with prices ranging from $16,000 to $500,000.

23 listings were with withdrawn from the market, with prices ranging from $7,900 to $689,500.

Those are some "low" numbers for the lower end of the prices.  These properties are ones that most likely just need dozed down or a complete rebuild.  Also, the areas they are located in are not the most desirable, yet.  Things are changing.  With all the talk of the market softening, it's heartening to see that properties are still going under contract and closing.  People are always going to need housing...

http://www.timtanzhomes.com

 

 

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Rainmaker
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Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hey Tim,

Happy TGIF! So can you actually buy a home for $20,000 or less that you can actually live in? 

May 11, 2007 02:14 PM #1
Rainmaker
290,397
Tim Tanz
Platinum Realty - Saint Louis, MO
St Louis Real Estate
You can buy em, but you can't live in them.  They either need dozed or a complete rebuild, in my opinion...
May 12, 2007 08:30 AM #2
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Rainmaker
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Tim Tanz

St Louis Real Estate
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