Last week, there were 350 new listings of homes for sale in the St Louis 5-county core market, according to the STL Real Estate Trends Report from MORE, REALTORS®. During the same week, there were 442 new sale contracts written on homes for sale resulting in a new listing to new contract ratio of 1.26. So while new contracts are still out numbering new listings, last weeks margin was much lower than a year ago during the same week. As the tables below show, last year during the same week there were only 266 new listings of homes for sale and 520 new sale contracts for a ratio of nearly two to 1 (1.95). Granted, this is just for a one-week period so I’ll be watching this weeks numbers to see if the pattern continues.
STL Real Estate Trends Report – New Contracts Most Recent Week
(click on table for current report) 
STL Real Estate Trends Report – New Listings Most Recent Week
(click on table for current report)
