Blog Archives
Local Market Conditions & home prices

Absorption rate comparison of the twins

We are still in a strong seller’s market.  I thought I would compute the absorption rates for Saint Paul and compare it with Minneapolis. What I found is that there is a three month supply of homes for sale in

Local Market Conditions & home prices

Home sales by Saint Paul Neighborhood

Here are some numbers for August home sales in St. Paul. The inventory of homes on the market continues to fall. Home sales remain fairly brisk and home prices are strong. I say strong because prices are seasonal and they will

Local Market Conditions & home prices

Is the local real estate market healthy?

As someone who survived the crash of the housing market and the great recession as a Realtor®, I have to say that the housing market has come a long way since 2009-2011. There are far fewer foreclosures and home prices

Local Market Conditions & home prices

Home sales & price by neighborhood

Here are the home sales and prices by Saint Paul, MN neighborhood. Real estate really is that local. Average and median sales prices peaked in June but remained higher than they were in May. The number of homes on the

General Real Estate News

The real estate market isn’t what it was

The local real estate market is strong but people look at me with disbelief when I suggest that their home is worth about what it was worth 12 or 13 year ago. That is why it was called a real

Local Market Conditions & home prices

PDOM after the price reduction

Our MLS added a new field a couple of years ago. It is called “PDOM” which means days on the market since the price was reduced. We have always been able to look it up and see when the price


Teresa Boardman
Realtor®, MN,
Licensed Broker
Boardman Realty

Ask the Broker



agent button