North St Paul, that quaint community on the east side of the Twin Cities with the big smiling snowman, has had a similar year over year changes from 2009 compared to 2008 as many other communities in the metro. New Listings are down and sales are up which equates to less inventory. The average sales price is down but not in a free fall. It is down just over 7% and with the ratio of price received versus list price going up, this eastern Ramsey County community seems to be making a bit of progress toward a more stable balanced market. The average days-on-the-market statistic is down by well over 10% so homes are staying on the market for less time. Traditional sellers that reside in North St. Paul who are considering a move to take advantage of the tax credit will have an opportunity this spring as there are few well maintained homes at lower price points as compared to buyers in the current market.
If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet or FREE Homebuyers Success Packet. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota..JPG)
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Copyright 2012 Teri Eckholm http://www.terieckholm.com/
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Teri
It's nice to see the closed sales up like that.