September home sales and prices by neighborhood

Here is a look at September home sales by St. Paul neighborhood.  We are starting to see some of that fall like cooling and for the first time since April 2018, the average sale price in St. Paul is not higher than the average list price. The two numbers are close though. Sales and pending sales are down from August which is pretty normal.

Median home prices in St. Paul were $212,400 which is down about 10.5K from August 2018 median prices. Again the trend is seasonal.

The inventory of homes on the market is still very, very low and went down a bit from last month. We do have more homes on the market than what we had during what I hope was an all-time low in February. We had 278 homes on the market at the end of February 2018. The number of homes for sale is down slightly from last month.

Chart that shows home sales by nighborhood
Home sales by St. Paul neighborhood

Data used to make the above table was extracted from the NorthstarMLS and is deemed reliable but not guaranteed. We all know there are no guarantees in life.

If you would like more information just send me an email or call.

For more numbers like these . . . but different because they are not for September 2018 please see Local Market Conditions & home prices

 

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