Local Market Conditions & home prices

Downtown Vs Highland Park

We like to say real estate is local and it really is local.  These two charts reflect the average days on market for homes for sale in Downtown St. Paul, Vs Highland Park in St. Paul.  In the graphs days on market follow a similar trend but Downtown condos are on the market more than twice as many days as homes in Highland park.  Park of the reason for the difference is that the dominant housing style Downtown is the condo which in St. Paul take longer to sell than other styles of housing but not as long to sell as townhouses. . . but again real estate is local in some markets condos sell more quickly than other types os single family homes.

downtown St. paul

downtown St. paul

 

Highland Park

Highland Park

 

Contact

Teresa Boardman
Realtor®, MN,
Licensed Broker
Saint Paul Home Realty
651-216-4603
teresa(at)tboardman.com
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