The chart above has some numbers for downtown condo sales. Right now there are 47 units on the market. Asking prices range from $67,000 to $2,249,900 with a median asking price of around $210,000. The over all median sales price downtown has been around $174, and the average sale price of 209K this year with 129 sales so far.
The average cumulative number of days on market is just over 91 days which is higher than the St. Paul average of 63.2 cumulative days on market. Nothing new for many years it has taken longer to sell a condo than other types of housing and downtown is mostly condos.
To get a little perspective on how long it takes to sell a downtown condo look at the graph below that shows average days on market downtown for the last five years.
If you would like more information about the downtown St. Paul real estate market please call or write. The numbers used in the graphs are from the NorthstarMLS which is deemed reliable but not guaranteed. The majority of the homes sold in St. Paul are listed on the MLS.
also see Downtown is different – fewer real estate agents know downtown.
Downtown housing – a chart that shows the impact of the Green line.