If you are thinking of either BUYING or SELLING a home in Como Park we can help. Knowing the market is more important now more than ever. Market trends, asking vs. sales price, average days on market all go into the sale of a home. Como has been a unique area in which we have seen very few Foreclosures (click here to search foreclosures) hit the neighborhood. Currently there are 77 properties listed for sale in MLS District 744 (Como) and there are 8 Foreclosures (disclosed). The Minneapolis Association of Realtors released a study stating that 34% of new listings and closings in Quarter 3 were lender mediated (Short Sale/Foreclosure).
Below is an overview of what has happened the last month and Year to Date in St. Paul.
Here is the complete breakdown by area within St. Paul.
Reviewing the information for Como Park, total number of listings are down year to date which in turn means total number of sales are down. The average sales price has come down a little (7.5%) and Sellers in Como are getting about 94% of their asking price. Although the numbers are down some what from last year but these constants still remain; Homes that are priced-and staged right will sell.