Families all over the St. Louis Metropolitan Area are always trying to figure out when the best time to move is. Is it in Spring? Summer when the kids are off school? Winter when things aren't so hectic? Is it when it's a Seller's Market? Well, if there ever was a good time, it's now. Take a look at the graph above. This is the current statistics for the St. Louis area MLS.
Year to date- active listings are down, expired listings are down and sales are up. Pending sales are way up, as well as list prices and sale prices.
The lack of inventory makes it a great time to sell. The competition is lower than it is during the spring time.
Mortgage rates are still very low hovering around 4%, keeping buyers engaged. They just need to find a home.
There may never be a "perfect" time to sell, but today's market is pretty darn close to that.
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