The Hamline Midway neighborhood is located halfway in between downtown St. Paul and Downtown Minneapolis. Real estate in the Midway area sells faster and has appreciated at a greater rate than real estate in the rest of the city of St. Paul. Prices have gone up by 12% in 3 years and 5.2% overall for the rest of the city.
If you own property in the Midway area now might be a good time to sell as there are only 13 homes on the market in that neighborhood and 6 of them have offers on them. Demand for homes in the area is high while the number of homes for sale is at an all time low. It takes an average of 18 days to sell a midway home.
Oh and happy June!