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Hello!
Here's the overview of the St. Louis residential housing report for this week also for the month of December.
Over 600 New Listings this week! A lot of great homes for sale this week with a median list price of $210,000. Look below to see homes for sale or open houses this weekend. If you see something you like or have questions let me know! Over 500 Price Drops this week! We had a consistent number of homes Under Contract this week & 100 more homes are in Pending status this week verses last week. We had a nice amount of homes that Closed this week at 658. Which is about 132 homes that sold per day this week & the average price was $234,865!
In our December report what stands out the most is the months of supply. Even though our supply was up 13% we still only have 1.7 months worth, this however did push prices down by 3.8%. With lower interest rates, more homes for sale with lower prices should help push more buyers into the market.
*IF YOU HAVE QUESTIONS ABOUT OUR MARKET GIVE ME A CALL!*
Have a blessed week! 😀
Chris
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