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

Reblogger David Zablatsky
Real Estate Agent with Key Advantage Realty

Original content by Art Wagner

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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Pam Dent
Gayle Harvey Real Estate, Inc. - Charlottesville, VA
Realtor - Charlottesville Virginia Homes and Horse Farms

David - Its good to see that you have a balanced market.  My area still needs to get a lot more inventory bought down before that happens here.

November 09, 2009 09:53 PM #2
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David Zablatsky

Real Estate - Needham, MA
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