I don’t normally publish so many numbers in one week but this is the first full work week of the new year and I have numbers. The chart below shows the number of home sales by neighborhood for 2018 and the average sale price and days on market.
The most expensive home sold in St. Paul in 2018 sold for 2.4 million which was more than the asking price and it sold in 11 days. The home is located on Mississippi Blvd in the Merriam Park neighborhood.
There are one house and one condo that sold for $15,000. They were the lowest sale amount in 2018. They were both in the Payne Phalen neighborhood. One sold in 4 days the other in 30 days.
Overall homes in the Como neighborhood sold the fastest with average cumulative days on market of 24. Homes in the downtown St. Paul neighborhood took the longest to sell with an average of 74 cumulative days on market. Most of the homes downtown are condos and on average they take longer to sell than other types of housing.
It should be noted that the neighborhoods do not all have the same amount of housing in them.
The data used to make the table was extracted from the NorthstarMLS and is deemed reliable but not guaranteed. The numbers were gently sorted and never stirred.