Downtown real estate is slower

When putting a home on the market it is important to know what to expect. Real estate continues to sell briskly and some properties do get multiple offers the first day they are on the market.

Condos in downtown St. Paul do not sell as quickly as other types of real estate. That just means that sellers need to be prepared to have their unit on the market a little longer.

The “little longer” isn’t long at all. There are currently 48 condos on the market downtown and the median days on market is around 33 days. The units that are priced for over half a million sell at a slower rate and they always have.

Downtown St. Paul condo sales
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