Yes, homes are sold in January. Here are some numbers I pulled from the NorthstarMLS. The data is deemed reliable but not guaranteed.
January was a cold month and we did set a new record for the fewest homes for sale. Fewer homes for sale means fewer home sales it is that simple. Median prices went up from December which is pretty typical.
Home prices are rising the fastest in the Dayton’s Bluff neighborhood and on the Greater Eastside. Both areas took big hits during the housing market crash and the great recession.
Total home sales in St. Paul for January was 198 and the average days on the market crept up to 54, which is actually super low especially for January. Activity usually picks up after the super bowl and I am seeing some evidence of home sellers coming out of hibernation.
If you are interested in selling your St. Paul home, please call, text or email for a free no obligation consultation.
For more local real estate numbers please see Local Market Conditions & home prices. Real estate is local.