24 Aug Market Trends Update from Adam Kruse
At Hermann London, we feel it’s important to stay on top of the St. Louis Real Estate market trends on a very regular basis. We like to share the interesting things we find with our real estate blog readers. From these statistics, based on real estate sold through the St. Louis Realtor Association and surrounding associations as well, some fascinating information comes into focus.
Our Hermann London Realtors like to keep a keen eye on the “Months Supply of Inventory” statistic, as we believe this real estate statistic gives the best crystal ball into whether the St. Louis Real Estate market is shifting into a buyer’s market, neutral, or staying a seller’s market. As we see this number rise, especially if it gets above 3, we know it’s shifting to more of a buyer’s market.
In the meantime, you can watch national real estate news, or even St. Louis news that is primarily focusing on the national market, or you can always call any of the Hermann London Realtors to get an accurate look into what’s happening in our market today.
Hermann London Realtors – Today’s Realtors for Today’s Market
7350 Manchester Road
Maplewood, MO 63143