Even with the distractions of upcoming elections and October baseball (GO CARDS!), Key metrics in St Louis County show a continuing trend toward "normal."  One year changes for the 3rd quarter are as follows:

Median Sale Price       +2.3%

Average Sale Price      +3.8%

Homes for Sale           -25.4%

Closed Sales               +12.6%

Months Supply            -36.2%

Days on Market          -11.3%

This data represents all of St Louis County.  Certainly some areas are still struggling, others are doing better than these statistics show.  No matter the market, over the years it seems there are always "hot" and "cold" areas, neighborhoods, and price ranges. 

 First time buyers are realizing that they can truly buy for less than they can rent. They are gradually re-entering the market.

Soon-to-be retirees are seeing enough of a rebound in their home equity and the stock market to make the move they put off 3 years ago.    Whether it's to enjoy a warm climate or to be closer to grandchildren, baby boomers are back in the market.

Even with this trend, it's hard not to wonder if there's another dip, trough, or cliff...whatever you want to call it...lurking in the near future.  But with each passing month, all the data says that we are moving in the right direction. 

Now if the Cardinals can just keep on winning...12 in 12 has a good ring to it, doesn't it?