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The data used to make this table was complied from the data in the RMLS (regional multiple listing service), it is considered reliable but not guaranteed. The numbers are for all residential, single family homes, including town houses and condos listed in the MLS during the month of May 2009, in the city of St. Paul.

The average sale price went up a bit, mainly because the clearance sale on the foreclosures seems to be running out of steam, as the inventory of such homes gets smaller. The number of homes on the market, and the number of new listings dropped slightly from last month and the number of pending listings is up slightly.  There are about half as many homes on the market in St. Paul is there were in the late summer and early fall of last year.

I don't have the data available to back it up but short sales seem to be on the rise and I am getting more inquires from people who are behind on their mortgage payments. Buyers remain very timid.  Interest rates are still low and their are bargains to be had.