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The Numbers are in for Como Park!!!

By
Real Estate Agent with RE/MAX RESULTS

Como Park has held its own in 2008 and still remains one of the best places to live in St. Paul!  The most recent report was just released by Minneapolis Association of Realtors.  You can see that Homes in Como Park have maintained their value better than other surrounding St. Paul areas.

The average sales price in Como Park has dropped about 10.8% from 2007 to 2008.  In 2008 sellers were still receiving about 93.5% of the asking price of their home (-2.3% change).

The number of homes for sale has dropped from 469 (2007) to 381 (2008).  This is a reduction of inventory by 18.8%.  This is a great news for anyone looking to sell their home in Como Park.  The number of closed sales from 2007 to 2008 has also seen a slight decrease from 230 to 197, a 14.3% reduction.

Here is a quick overview of the current inventory in St. Paul.  The red represents single family homes and the blue represents town homes.  If you would like to Search for Como Park Homes click on the link.

 

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