December was a quiet month for local residential real estate sales with fewer homes listed for sale and as a result fewer sales. Home sale prices were on average slightly lower than listing prices.
There were fewer new listings in St. Paul than there were accepted offers on existing listings. As a result, the small inventory of homes for sale got smaller. Once again the rules of supply and demand are keeping prices up.
Most years home sales and new listings start to tick up in January.
The numbers used in the table were extracted from the NorthstarMLS. The data is deemed reliable but not guaranteed. For more local real estate data see Local market conditions and home prices.
