Here is the latest Market Update from Jim Dohr,
President of CBGundaker (August 2018).
Very interesting statistics about 2018. Good information
about our St Louis Market.
Solid economy. Lowest unemployment rate since 2000. There is a record low supply of homes for sale. The average is 53 days on the market to sell. Due to low inventory and large buyer demand, sale prices increased 5% this year.
NEW LISTINGS COMING SOON
Sometime in October, I'll have a new listing on Dornoch Dr in Glasgow Village, Saint Louis County 63137. This 3BR Ranch comes with a Carport and a Finished Basement.
A new listing on Coburg Lands Dr in Bissell Hills in Bellefontaine Neighbors with 3 Bedrooms, 1 Bath and a 1 car garage will be available by the end of October. It has a beautiful updated Kitchen and fresh paint throughout. I just viewed it 10/17. Should be listing Wed, Oct 24th - $72,900.
I will soon be getting a nice 1.5 Story home on Alexander St in St Louis City. 3 Bedrooms and 2 Full Baths - and a Detached 1 Car Garage. I sold the home to this seller back in 2009. He's now living out of state. I like when past clients call me back. I want to be your Realtor for life as well!
By the end of October, we will have a new listing on Atmore Dr in the beautiful Hathaway Park subdivision. This is a 3BR, 2 Bath Ranch with a 2 car garage and a Finished Basement. Located in the municipality of Ferguson.