Homes sold quickly (30 days on average) in St. Paul this past August and the median sale price was slightly higher than the median list price which may mean home prices are still rising. The inventory of homes on the market is slightly higher than last month but we would still need twice as many homes on the market to be close to an average inventory of homes for sale.
Average and median home sale prices were higher in August than in July. Interest rates remain low.
The numbers used to create the table were extracted from the Northstar MLS, and imported into MS Excel where is it gently sorted and subtotaled. The data is deemed reliable but not guaranteed. There are few guaranties in life.