In September home sales prices hit a new high. The median sales price was $249,000. The number of home sales and new listings of homes for sale is about the same as it was last September.
The number of days on the market was about the same as it was in August or a fraction lower. The inventory of homes on the market has gone up but remains at historic lows. Overall St. Paul homeowners got than the list price for their home.
September was a great month for St. Paul’s home sellers. Expect more of the same for October.
The data used to create the table was extracted from the NorthstarMLS. The data is deemed reliable but not guaranteed and it captures a high percentage of all homes sold in St. Paul.
The red numbers in the far right column highlight the neighborhoods where the average sale price was higher than the average asking price. The numbers indicate that home prices are still rising.
