The table below shows the top 25 St Louis neighborhoods where the prices of homes listed for sale have increased in the prior 90 days. This could be an indicator of rising home prices in the area or could be an indicator of a lot of investor or speculator activity resulting in homes being purchased and immediately put back out on for sale to “flip” it at a higher price. This is why it is always important to look at more than just one statistic when trying to determine what is going on in a particular market and why it is imperative that you deal with a real estate professional that has access to real-time, accurate data and knows how to interpret it.
(Looking to find an agent like that? Contact me…I’ll help you out).
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