Sales are up, prices are up and our inventory of available homes is shrinking. This is the story in most of the Twin Cities’ real estate markets, so it came as no surprise to us when we opened up our copy of the latest St. Paul real estate market statistics.
Let’s take a look at St. Paul’s overall real estate statistics and then we’ll break out some neighborhood stats.
St. Paul’s Inventory of Available Homes
Anyone looking at homes for sale in St. Paul knows that our inventory of available homes is tight and that homes in good condition are being snatched up quickly. The number of homes to hit the market last month fell nearly 2 percent in July after an even larger, 9 percent tumble the month before.
Since the number of homes sold also…