St Louis Inventory of Homes For Sale Drying Up In Many Areas

The inventory of homes for sale in several St Louis neighborhoods is down to the lowest level we have seen in years.  It would be great if that was the result of skyrocketing home sales however, it’s really a combination of home sales and a lack of sellers.  While there are many different reasons people are not choosing to sell right now, I believe it is a lack of equity that is  holding back many homeowners from selling, particularly in the lower price ranges.  Last month I did an article about the fact that 40 percent of St Louis homeowners in the bottom 1/4 of the market were underwater, and, overall, 44% of St Louis homeowners had too little equity to sell their homes, hence the lack of inventory.

As the table below shows, the top 3 St Louis neighborhoods all have just a 1 month inventory of homes for sale, and the rest of the areas making up the top ten list just have 2 months.  For homeowners in these areas that have thought about selling, and have the equity to do so, now would be the time to hit the market!

Find the value of your home online in under a minute!

(We work hard on this and sure would appreciate a “Like”)


St Louis Inventory of Homes For Sale

Print Friendly, PDF & Email

21 comments to St Louis Inventory of Homes For Sale Drying Up In Many Areas

  • … [Trackback]

    […] Find More to that Topic: stlouisrealestatenews.com/st-louis-real-estate-market/st-louis-inventory-homes-sale-drying-many-areas/ […]

  • … [Trackback]

    […] Info to that Topic: stlouisrealestatenews.com/st-louis-real-estate-market/st-louis-inventory-homes-sale-drying-many-areas/ […]

  • … [Trackback]

    […] Read More here to that Topic: stlouisrealestatenews.com/st-louis-real-estate-market/st-louis-inventory-homes-sale-drying-many-areas/ […]

  • … [Trackback]

    […] Read More on on that Topic: stlouisrealestatenews.com/st-louis-real-estate-market/st-louis-inventory-homes-sale-drying-many-areas/ […]

  • … [Trackback]

    […] Here you can find 70626 more Info to that Topic: stlouisrealestatenews.com/st-louis-real-estate-market/st-louis-inventory-homes-sale-drying-many-areas/ […]

  • hello there and thank you for your information – I have
    definitely picked up anything new from right here.
    I did however expertise some technical points using this website, since I experienced to
    reload the site many times previous to I could get it to load properly.
    I had been wondering if your web hosting is OK? Not that I am complaining,
    but sluggish loading instances times will often affect your placement in google and could damage
    your high quality score if advertising and marketing with Adwords.

    Anyway I’m adding this RSS to my e-mail and could look out
    for a lot more of your respective exciting content.
    Make sure you update this again very soon.

  • It’s very simple to find out any matter on net as compared to books, as I found
    this piece of writing at this web page.

  • There is certainly a lot to learn about this subject.
    I really like all the points you’ve made.

  • For newest information you have to go to see internet and on web I found this site as a best web page for hottest updates.

  • Aw, this was a really nice post. Spending some time and
    actual effort to generate a great article… but what can I say… I hesitate a lot and don’t manage
    to get anything done.

  • Great delivery. Great arguments. Keep up the good effort.

  • Hello, i read your blog occasionally and i own a similar one and
    i was just curious if you get a lot of spam remarks?
    If so how do you reduce it, any plugin or anything you can recommend?
    I get so much lately it’s driving me crazy so any support is very much appreciated.

  • Hello there! This blog post could not be written much better!

    Looking through this article reminds me of my previous roommate!
    He continually kept preaching about this. I will forward this information to him.
    Pretty sure he will have a good read. I appreciate you for sharing!

  • A motivating discussion is worth comment. I think that you need to write more
    about this subject, it may not be a taboo subject but generally folks don’t talk about such topics.
    To the next! Many thanks!!

  • Have you ever considered about adding a little bit more than just your articles?
    I mean, what you say is important and all. But just imagine if you
    added some great pictures or video clips to
    give your posts more, “pop”! Your content is excellent but with images and clips,
    this blog could definitely be one of the greatest in its field.

    Excellent blog!

  • Yesterday, while I was at work, my cousin stole my iPad and tested to see if it can survive a
    twenty five foot drop, just so she can be a youtube sensation. My apple ipad is now destroyed and she has 83 views.

    I know this is entirely off topic but I had to
    share it with someone!

  • Admiring the hard work you put into your site and detailed information you
    present. It’s good to come across a blog every once in a while
    that isn’t the same outdated rehashed information. Wonderful read!
    I’ve saved your site and I’m adding your RSS feeds to my Google
    account.

  • Hi! Do you use Twitter? I’d like to follow you if that would be ok.
    I’m definitely enjoying your blog and look forward to new updates.

  • Its like you learn my mind! You appear to know a lot approximately
    this, like you wrote the book in it or something. I feel that you could do with a few p.c.
    to force the message house a bit, however other than that, this is fantastic blog.
    A fantastic read. I’ll definitely be back.

  • May I simply say what a relief to discover someone that genuinely understands what they are
    discussing online. You actually know how to bring a problem to light
    and make it important. More people must look at this and understand this side of your story.
    I was surprised you are not more popular given that you definitely
    have the gift.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>