The St. Louis Real Estate Market this week looks like last week, once again. We have not seen any significant increases or decreases across the board this week. Most of our numbers are stagnant, with a very small increase in active listings, homes accepting contracts and the pending ratio trending upward by .17 percent.
It also looks like some of our predictions for the summer are unfortunately coming true. We are almost 500 active listings behind last year’s active listings. Our 3471 homes sold in the last six months of 2008 is over 1000 behind last year’s homes sold numbers for the same six month time frame.
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