I thought it would be nice to show some home sale numbers for St. Paul for the year. I have sorted the table below by neighborhood. In general, homes are less affordable than they were last year. Median home sale prices are up from 2019 by $10,000 and days on market are down by about 8 days. Homes located in the downtown area took the longest to sell and homes in the Midway neighborhood sold the fastest.
That means it takes less time to sell a house and it will see for more money than in 2019. This is good news for homeowners.
The number of home sales was up from 2019 which was surprising during the pandemic and all. Real estate did better than other sectors of the economy which is probably why we are seeing a surge (I hate that word) of new real estate salespeople.
Right now in St. Paul, we are at what I hope is the yearly low for the number of houses on the market.
People who plan to downsize this year may come out ahead if they can find an affordable house to downsize to.
If you would like to sell your house please call or write for a no-obligation equity analysis . . or to find out how much it might sell for and how to get started.