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St. Louis Luxury Residential Real Estate Market Overview -- December 05, 2011

St. Louis Luxury Residential Real Estate Market Overview -- December 05, 2011

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Published by Russell Nolting
The market is holding steady. End of November closings reduced the "Pending (past 30 days)" number from 502 down to 483 -- we should see it creep back up next week as December buyers make their decisions. Good news is that another 200 homes popped off the market and have not relisted -- therefore the "% of all listings undre contract" number has increased to 20.5% -- the highest level this year!
The market is holding steady. End of November closings reduced the "Pending (past 30 days)" number from 502 down to 483 -- we should see it creep back up next week as December buyers make their decisions. Good news is that another 200 homes popped off the market and have not relisted -- therefore the "% of all listings undre contract" number has increased to 20.5% -- the highest level this year!

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Categories:Types, Business/Law
Published by: Russell Nolting on Dec 08, 2011
Copyright:Attribution Non-commercial

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12/19/2011

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