St Paul - Highland Park Real Estate Market - View St Paul - Highland Park Real Estate Market Trends in Minnesota

Winter 2012 Market Update Now is an exceptional time to buy a home in St Paul - Highland Park. Low rates within a Buyer’s market. makes a home purchase a great value! Buyer’s with a credit score of 600+, can buy in this market depending on other lender parameters. Call now for more information at 651-248-9742 / 952-210-6962.
Average Home Price	$275,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	More than 120 days

Best Selling Price Range	$200,000 - $249,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	More buyers than sellers

Buyer Activity for the past 90 days in St Paul - Highland Park is	Increasing

Seller Activity for the past 90 days in St Paul - Highland Park is?	Increasing

Multiple Offers?	No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	15-20%

Is Financing Available For Qualified Buyers?	Yes

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	With slightly higher prices (3%) with increasing inventory provides buyers good selection; combine that with competitive interest rates, creates a perfect time to buy in St Paul - Highland Park! With nearly 18% of all active listings in some form of foreclosure, provides first time home buyers to come into the St. Paul - Highland Park neighborhood at the $125K-200K price range, which is typically beyond the reach of an average family. Newly remodeled homes are coming on the market, as investors are buying the lender owned properties, remodeling and selling the home within 6-months.

Nearest Metro Area	Minneapolis

Housing Hot Spots	The hotspots in St. Paul points to Highland Park, Macalester, Groveland and a few surrounding neighborhoods: Summit Hill & Merriam Park. When considering investment properties, East St. Paul presents sound investment property opportunities that can deliver a return on investment. There is an active inventory of homes at $25K-$50K, allowing for remodeling investment and resale for profit. When shopping these homes, keep a keen eye out for those

Average Sold Price	$275,000 - View Graph Trend

St Paul - Highland Park Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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