The real estate market remains strong in St. Paul and homes continue to sell at an almost spring like pace even though Labor day is less than a week away.
The inventory of homes on the market slowly grows us more homes are listed each month than are sold each month. In fact we are finally up over a thousand homes on the market in St. Paul. There are almost twice as many for buyers to choose from as there were last April.
Here is a kind of snap shot of last weeks activity. Price reductions are common as sellers try to test the market only to find that over priced homes don’t sell in any market.
NorthstarMLS Matrix – Activity
Sellers who want to sell do not have to wait until spring.
