Real estate market slows, but doesn’t stop, in Ferguson

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FERGUSON, Mo. (AP) _ Despite all the unrest in the streets of Ferguson, the St. Louis County town’s real estate market is holding its own.

The St. Louis Post-Dispatch reports that sales of homes are down in Ferguson in the more than nine months since the shooting of Michael Brown led to sometimes-violent protests, but they haven’t stopped.

Statistics provided by the real estate firm Coldwell Banker Gundaker show that 131 homes sold in Ferguson from August through mid-May, down from 193 in the same period a year earlier. Throughout St. Louis County, home sales for the same period declined 2 percent.

Ferguson homes sold at an average price of $46,150, up from $38,929 in the same period a year earlier.
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Information from: St. Louis Post-Dispatch