August home prices and sales by neighborhood

August went way too fast, and we are already into the double-digit dates of September. Home sales have started to slow in a kind of September way. Great news for those who want to buy a home this year.

The inventory of homes on the market is slowly creeping up but still very low by historical standards.

table with home prices
August 2018 Home sale numbers – St. Paul, MN

In the green shaded areas in the far right column are to highlight the fact that the average sale price was higher than the average asking price for the neighborhood and for the whole city on average.

We are also starting to see more price reductions. It will be interesting to see if September home sale prices in St. Paul are still higher than the asking prices.

The numbers used to create this report were exported from the NorthStar Mls, which is deemed reliable but not guaranteed.  Once exported the data is imported into MS excel where it is gently sorted but never stirred.

The data includes single family homes, townhouse, and condos, located within the city limits.

For more local real estate numbers please go to Local market conditions & home prices.

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