Whats ahead this spring, supply is “in balance”


Supply in St. Louis County has continually declined and remained relatively stable throughout 2013 with both a median and mode of four months of inventory.  Four months is generally recognized as a “stable” supply level, however teeters on the cusp of a housing shortage.  Sentiment around the industry seems to indicate that the market is poised for a busy spring which may result in increased demand and sales prices

 

 

 

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