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5/13/08 Falcon Heights, MN 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 5/13/2008

Current Active Listings: 9 (3/21/08),  14 (4/7/08), 13 (4/25/08)  17 (5/13/08) $350,438average price point

Pending Listings: 6 (3/21/08), 6 (4/7/08), 3 (4/25/08), 2 (5/13/08)

Sold Since 1/1/2008: 3 (3/21/08) $321,559, 5 (4/7/08) $305,894, 9 (4/25/08) 10 (5/13/08) $246,433 average price point


With a smaller market stats can be skewed a little.  You can see how the average price point has dropped a lot, but there are only 10 listings to base that on.  Also a neighbor market Como Park is currently only at 3 months of invetory; a SELLERS MARKET!!

Falcon Heights MN 55108 Homes For Sale, Real Estate

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