I gathered some data from property sales data from the MLS for St. Paul Minnesota, residential property, all types. What I found is that on average sellers who sold homes in 2007 got slightly less for them than sellers who sold homes in 2006 did. The first chart is average sales price by year for St. Paul homes, and I pulled data for the past five years. I also have a table with the median price, because government agencies like to use that number and people are used to seeing it.
Fewer homes sold this year than last year, since there are only a couple of weeks until the end of the year we can assume that about 30 more homes may sell this year, and will not add enough data to change the numbers. Instead of spinning these numbers like the main stream media does I’ll just leave them posted.
The charts were made using number form the regional MLS. The data is deemed reliable but not guaranteed.