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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