St. Paul, MN Home prices June 2011
The chart above was made from numbers from our local MLS for St. Paul, Minnesota for the month of June 2011. The data is deemed reliable but not guaranteed but there are few guarantees in life.
The median home price for the Month of June was 118,500 which is down from last month. Prices went down slightly between May and June and that is something we don’t see very often. Pending sales were up slightly and new listings were down. The number of homes on the market is declining again indicating to me that the peak of the home buying and selling season for the year has come and gone for 2011.
Interest rates on home loans remain at historic lows and home prices are low. There are plenty of bargains to be had and for some buying is cheaper than renting.
For more local real estate statistics please see “local market conditions and home prices”.
