St. Louis Real Estate-Market Watch May 2nd, 2009

Saint Louis Real Estate-Market Watch  by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo.
May 2nd, 2009
The Anatomy of St. Louis Real Estate

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 continues with great buyer and seller activity.  Active listings, homes accepting contracts and our pending ratios are all fairly consistent with last week’s levels.  We still continue to see a slight increase in homes being sold, and in some price ranges, we are actually seeing selling prices slighty above the averages from this same time period last year.  

This year we are beginning to see more buyers competing for a listing as buyers are becoming aware that inventory levels really are lower than last year at this time.  Our total listings this week are at 4806 compared to last years total of 5633.   

Check out our CHART showing a comparison of the past six months this year, compared to the past six months last year showing the increases / decreases of list prices and sales prices and average days on market in each price range. 

 REAL ESTATE AGENTS AND FOR SALE BY OWNERS- Are your listings and / or home sitting on the market too long?? 120 days or more??  We have a program designed to get your listing or FSBO home sold.  Real Estate Agents get paid their commission in full.  Contact us for more info.

 WHO DO YOU KNOW NOW that is challenged with their mortgage payments OR needs to sell for less than their home is worth?? WE CAN HELP!! 

Get The Report

1. Your Name(required)
2. Your Email(valid email required)
3. Your Affiliation
4. Consumer
   Realtor
   Other
   
5. Captcha

 

This entry was posted on Sunday, May 3rd, 2009 at 9:14 pm and is filed under St. Louis Market Reports, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

Name (required)

Mail (will not be published) (required)

Website (optional)

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.