Special offer

Falcon Heights, Minnesota Real Estate Market Update

By
Real Estate Agent with Keller Williams Premier

Falcon Heights, MN Market Update

A small community surrounded by Como Park and Roseville, Falcon Heights has a little over 5,500 residents.  A strong community made of mostly 30's, 40's, and 50's 1 and 1 1/2 story homes which features many great architecture like the"Tudor" style.  Falcon Heights has always been a strong market because of the high demand from buyers.  It is located in the middle of the Twin Cities; Minneapolis and St. Paul, and is near Shopping and easy access to highways.

Current Falcon Heights Market Update as of 2/10/2009*

Current Active Listings: 11 (2/10/09) $263,918 average price point

Pending Listings: 4 (2/10/09)

Solds:  21 (6/1/08-12/31/08) $310,738 average price point  98.1% sold/list price

           0 as of (1/1/2009+)

2007 SOLDS (32) $289,923 average price, 82.3 days on market

2008 SOLDS (37) $302,843 average price, 107.5 days on market

2008 had an appreciation of 4.45%!!!

         
With a smaller market stats can be skewed a little, but this is great news to see the area actually had more sold in 2008 than 2007 and that the average price went up.

 

Falcon Heights MN 55108 Homes For Sale, Real Estate

*this data is from the MLS for all single family, townhomes, condos, and twin homes