Home Prices by Neighborhood

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April 2011 St. Paul, MN

The news media is all over the idea of a double dip recession and they are looking at average housing prices.  Home prices in St. Paul are down slightly.  They are down from last year but last April they were slightly inflated because of the home buyer tax credits.  Home prices are higher this April than they were in the April of 2009. 

Home sales remain sluggish and the number of homes on the market is slowly climbing as more foreclosures hit the market.  There is plenty of room for optimism  but not in the housing market.  

The chart above was made from numbers from our local MLS for St. Paul, Minnesota for the month of April 2011. The data is deemed reliable but not guaranteed but there are few guarantees in life.

For more local numbers please see Local Market Conditions and Home Prices and remember that real estate is local. 

Home prices & sales by neighborhood

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march 2011

Monday is a great day for posting some local housing numbers because it is not Tuesday.  The chart above was made from numbers from our local MLS for St. Paul, Minnesota for the month of March 2011. The data is deemed reliable but not guaranteed but there are few guarantees in life.

Not much has changed since last month.  Prices are up very slightly. Pending sales were up over February 2011 but it should be noted that February is shorter than March and that does account for a few sales.

The only thing these numbers really tell me is that the housing market it fairly stable.

For more numbers like these please so the Local Market Conditions & Home Prices Category.

All eyes are on the River

St. Paul is a river town and as one who lives by the river floods are hard to ignore. The river is both gorgeous and terrifying when it escapes it’s banks.  This years flood is going to be a record breaker and all eyes are on the River.  Sandbags were in place days ago and Warner road has been partially closed since Monday and is now completely closed.

Harriet and Raspberry Island are partly under water.  The latest projections are that the river will raise to a level of 20.4 feet above flood stage by Wednesday.  20.4 feet is  two feet higher than last years flood but six feet lower than the record.  Neighborhood meetings have been held for people who live in Lowertown and on the Upper Landing it is possible that they will have to be evacuated.  [See my infographic from last week]

According to the UpDraft the below freezing weather and snow we received earlier this week prevented the water from all going into the river all at once which would have brought the water higher.  According to me we are in the season I call second Winter and I mostly hate it. 

This weekend there will be plenty of people coming down to the river to see the water. For those who do not like traffic jams or freezing cold weather there is a live cam that shows the river. The action is slow but it is entertaining. 

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Screen shot from live cam Western end of Raspberry Island
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Screen shot East end of Raspberry Island
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Screen Shot, Harriet Island

The steps on Harriet Island are already underwater.  I took the screen shots shortly after the river officially reached flood stage on Friday.  Later today I am going down to the river with a friend to take some pictures of reporters standing in the water, those pictures are always a crowd pleaser.