Your November St. Louis Market Update
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Now that Thanksgiving is over and the winter season is upon us, what can prospective buyers and sellers expect from the St. Louis market over the next two months?
If you plan on selling your home, get your home on the market now. There is a weakness in inventory and there are still a lot of very motivated buyers out there. Some of these buyers were unable to buy over the spring and summer as a result of a very competitive market. Since inventory has been very weak over the third quarter, there are still buyers that were not able to buy and are very motivated to.
Homes that are priced right, prepared to sell, marketed to the highest level, and without "wow buts" have very active buyers in the market who are ready to buy those homes.
That said, buyers in this market can still be very picky. If your home has not been prepared to sell or marketed at the highest level, then you will have a difficult time selling the home.
"I recommend that you sell your home before the busy spring market hits."
I recommend that all sellers get on the market before the busy spring market. In March, there will be three to four times as much inventory on the market, which is more competition for you.
If you are interested in selling your home, give us a call or send us an email. We can make sure that you are properly prepared to sell in today’s market. If you are a buyer and you would like to learn more about our current market, let us know. We would be happy to help you!
If you have any questions about how to time the market or you’re wondering what your home is worth, don’t hesitate to give us a call or send us an email. We’d love to help you.
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