Monday is my favorite day to roll out some home sale numbers. Here are the home prices and sales by St. paul neighborhood because real estate is that local.
Home sales were as brisk as they could be in December considering how few homes were on the market. The low number of homes for sale will continue to keep home sales down in 2020. Median and average prices are up from last December and it took 4 days longer to sell a home in December of 2018 than it did in December of 2019.
The average sales prices that I have in red are higher than the average asking price. We see that happen a lot in the spring and early summer in fact last year there were months where the average sale price for homes in St. Paul was higher than the average list price.
The numbers are telling me that prices are still rising and that the strong seller’s market continues.
The data used to create the chart was extracted from the NorthstarMLS and is deemed reliable but not guaranteed. Once extracted the data is imported into a spreadsheet where it is gently sorted, never stirred or shaken.
If you would like to know how much your home might sell for please contact me for a free no-obligation analysis. If you would like to look at more local real estate numbers please see Local Market Conditions & home prices. I have been publishing these numbers once a month for the last 15 years.