Following is the market report for single family homes for the City of St Louis (areas 1,2,3) for the week of February 19, 2008.  These statistics were gathered from the local multiple listing service (MLS).

There were 109 new Active listings, with list prices ranging from $7,500 to $575,000.

24 listings went under contract (Contingent/Option) with list prices ranging from $26,000 to $1,499,000.

53 listings move closer to closing (Pending) with list prices ranging from $7.500 to $429,000.

44 listings Sold, with Sold prices ranging from $5,000 to $355,000.

100 listings Expired from the market, with list prices ranging from $5,900 to $1.900,000.

And 58 listings were removed from the market (Withdrawn/Cancelled), with list prices ranging from $9,900 to $599,000.

For the 44 Sold properties, 30.2% of the listings were on the market 0-30 days, and 25.6% were on the market for 120+ days.  For the 120+ day category, average sale price to list price ratio was 92.8%.  For the 0-30 day category, the average sale to list price ratio was 100.1%. 

Homes that are priced correctly for condition will sell faster for higher dollar.

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