What direction is the market going?

The market is south St. Louis county is steadily improving.  Buyers are out looking and interest rates are still low.  That combined with the fact that inventory is still relatively low has caused prices to increase and homes to sell faster.  Homes are selling on average about twice as fast as they did 3 years ago and prices are up almost $15,000 on average. The graph below shows the decline in average days on market for homes to sell and the increase is median sales price.  If you are thinking of buying, selling or just want a free no obligation home valuation call me at 314-277-2633 or email me at Brinkmannrealestate@gmail.com.

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