More New Listings In St Louis Added Last Week Than Year Ago But Not Keeping Pace With Sales

Yesterday, I shared a report on new sales of listings in the St Louis MSA which showed sales were up 10% for the week from a year ago.  Today, I created the report below which shows new listings during the same week, and while the number of new listings was up 8% for the week from a year ago, they still didn’t keep pace with the new sales.  As the report reveals, there were 1155 new listings in the St Louis MSA last week and, as yesterday’s report showed, 1245 sales, so nearly 8% more new sales than new listings.

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New Residential Listings – St Louis MSA

For the Week Ended June 13, 2020

Data Source: MARIS – Copyright 2020, MORE, REALTORS All Rights Reserved