St. Louis Real Estate-Market Watch June 20th, 2009

Saint Louis Real Estate-Market Watch by Art Wagner @ Keller Williams Realty Southwest, Sunset Hills, Mo.
June 20th, 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!

Please accept our apologies for the very late post of our Market Watch Report.

With a busy Father’s Day Weekend, I didn’t get a chance to post this until late I Think It's Done! last night, as my primary job when our family gets together is that of Chef at the Grill. Our Web Hosting company, The Real Estate Tomato, decided last night would be a good night to perform maintenance on their system, so I was unable to post until this morning.

The St. Louis Real Estate Market this week continues with our usual summer activity.

Our pending ratios (homes accepting contracts) in the lower price ranges continue to hover around 20 percent, or above. These are the price ranges where most first time homebuyers are shopping-and buying.

The St. Charles County Real Estate Market is also showing awesome activity, especially in those “first time homebuyer price ranges.” At $175,000 and down, pending ratios are at 32 percent up to a high of 50.8 percent.

Home buyers in these price ranges in St. Charles County better not wait to make an offer once they find the right home. It may be gone by the next day, or sooner.

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!!

WHO DO YOU KNOW that’s thinking of buying or selling a home?

Contact Doug Aegerter or Art Wagner for more information and a FREE Comparative Market Analysis (CMA) of your home or your neighborhood.

Fill out the form below to view the Market Report.

This entry was posted on Monday, June 22nd, 2009 at 8:35 am and is filed under St. Louis Market Reports. 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.