Thanks for asking. 317 is the number of houses and condos on the market in St. Paul that do not currently have offers on them. 317 might be a new low. If there were twice as many homes for sale that would still be low number, even for December.
There are also 58 homes that are for sale but are ‘Temporarily not available to show”. Watch for them to come back on the market next week.
The shortage of homes for sale continues, which isn’t news anymore. The demand for houses remains strong and they sell quickly.
If you plan on selling your home this winter you don’t need to have it “pre-listed” to “build excitement”. There are plenty of home buyers excited about the idea of buying a home.
Some of the forecasts and predictions for 2018 suggest that the shortage of houses for sale will ease up a bit. Real estate is local, I’ll be watching the market closely for signs of change. The market has been steady and stable for the past three years but out of balance and in favor of sellers.