The number of homes for sale is up, but still low compared to demand, which is why prices remain high and continue to rise. Homes are selling quickly with a slight seasonal slowdown. There are a large number of condos on the market in downtown St. Paul, and prices are lower than in other neighborhoods. Association dues are high due to increases in insurance costs. The national condo market is also being negatively impacted by high insurance costs, leading to higher dues.
The St. Paul neighborhoods with the most affordable housing are seeing the greatest price increases over the last five years or so.
