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St. Louis Real Estate-Market Watch August 23rd, 2008

The St. Louis Real Estate Market this week shows more signs of inventory shrinking with fewer active listings and our pending ratio dropping to 13.54 percent. This same week in August 2007 we saw 11.5 percent more active listings with 16.7 percent more homes accepting contracts. The pending ratio the week of August 25th, 2007 was 14.16 percent. Comparing average list pricing and average selling prices

 

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