The snapshot is for St. Paul. Pending listings are the homes that are sold but not closed. Most of them will close. Compare that number with the number of new listings and it is easy to see why the number of homes on the market in St. Paul is small and currently shrinking.
Subtract the canceled and expired listings and the number of homes for sale gets smaller. There are around 335 homes for sale in St. Paul right now. This is a seller’s market. Homes are selling quickly. In a few days, I’ll have March home sale numbers for St. Paul.
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