Hayley’s November 2019 Market Update
In reviewing our total market overview and the November Housing Report here are some key takeaways:
-In St. Louis County, there is less than a month of inventory in the $200-250,000 price point. If you have a home to sell in this price range, we should talk! Now is the time to sell!
-In St. Louis City, there is also less than a month of inventory in the $175-199,000 price point. Once again, great opportunity to sell!
-The numbers in almost all categories are improving from 4 weeks ago. This is atypical and shows that the market has picked up since earlier in the Fall.
-The Housing Report shows a big decline in sales for the month of November. This was based on the contracts written in September in October. Based on current activity, I think we will see an uptick in sales closed in December.
Wishing you a warm holiday season!