St. Louis Park Real Estate - Spring 2020 Outlook

By
Real Estate Agent with RE/MAX Results

St. Louis Park Real Estate - Spring 2020 Outlook

Follow Market Trends - Consider the Possibilities - Make Great Decisions

 

St. Louis Park is a great community just a few minutes west of downtown Minneapolis, conveniently located near the Chain of Lakes, downtown theater district, shopping, universities and major league sports.

St. Louis Park home values have seen historic appreciation over the last few years with a 27.6% increase in median home prices since 2016!

Homes on the market in St. Louis Park on average are currently receiving 99.8% of list price, indicating strong offers from buyers. 

St. Louis Park median home prices are up 6.2% just since January 2019!

 

Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect early 2020 in St. Louis Park to be a VERY strong sellers market, and an excellent time to buy as well! 

 

See all homes for Sale in St. Louis Park

 

  

 

See all homes for Sale in St. Louis Park

 

 

 

 Post sponsored by Top Ranked Yelp! Agent - Stieg Strand

Comments (1)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 24, 2020 09:24 PM