This might be a good time to buy a condo downtown, a property that can be rented out, a cabin in the city, or a primary residence. About 25% of all homes on the market in St. Paul are downtown condos. While the rest of the city is experiencing a seller’s market the downtown market favors buyers.
The graph below is a three-month rolling average of average sale prices in St. Paul as compared to downtown. There are definitely some bargains but pay close attention to the monthly association dues.
