This is a post from January 2nd, 2008. We have all learned much since then. Most of us never believed home prices would go down and that it would take a decade for them to go back up to what they were.
Sometimes I wish I could warn my past self of what is to come. I’ll have some December 2017 numbers later in the week.
The chart above is for sale prices of homes in the city of St. Paul over the past ten years. The data is from the MLS which is deemed reliable but not guaranteed. The table below shows the actual numbers.
The average home sale price in St. Paul for 2017 was $231,924, slightly above the average of 230,148 for 2006 which is when home prices peaked in St. Paul Minnesota.
For more information about local real estate prices please see: