Welcome to another edition of Mark’s Market Update! This week we have a special guest.... our dog Gus
It’s been a crazy last month, but we hope everyone is doing well and staying healthy. Most importantly we want to thank all first responders and the front line workers. We appreciate you!
Now real estate... What is happening in the market? When looking at the market, April 1st through April 20, comparative 2019 versus 2020, In St. Louis County, St. Louis City, Jefferson County, and St. Charles, for unit closings.
1. Consistent in all markets down approximately 16%
2. As the April closings relate to early/mid March under contracts; we are not going to know the full market impact of COVID 19 until May closing data is analyzed.
3. New listing