New month, same story. The low inventory of homes for sale and the high demand are driving prices up. Home sales likely peaked for the year last month. Some home buyers are waiting for interest rates to go down because high home prices and high interest rates makes home ownership unaffordable.
Houses are selling quickly in St. Paul, often with multiple offers. If you would like to sell your house go for it.
The numbers used in the table were extracted from the NorthstarMLS. The data is deemed reliable but not guaranteed.
