If you are thinking of either BUYING or SELLING a home in Roseville 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. Roseville has been a unique area in which we have seen very few Foreclosures (click here to search foreclosures) hit the neighborhood. Currently there are 212 properties listed for sale in MLS District 702 (Roseville) and there are 11 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 Roseville.
Reviewing the information for Roseville, total number of listings are up year to date by only about 1% so pretty consistant from last year. The average sales price has come down a little (7.8%) and Sellers in Como are getting about 92.5% 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.
Click here to search Roseville Homes Online
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.
Looking in Como? There are currently as of today 81 properties listed for sale in Como. There are 5 properties listed for sale in Como for less than $100,000. On the high side there are 6 Homes in Como listed for sale above $350,000+.
Click here to view All Como Listings
To view the market statistics:
| Status: Active Homes for Sale in Como (81) | |||||||||||||
| List Price: $0 - $100,000 (5) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $49,900 | 4 | 20 | - | 1.00 | 1.00 | 1900 | $1,866 | 740 | 26.05 | 638 | ||
| Max | $94,900 | 96 | 538 | - | 4.00 | 2.00 | 1920 | $2,996 | 1,992 | 121.49 | 780 | ||
| Avg | $76,300 | 58.8 | 230.4 | - | 2.40 | 1.40 | 1911 | $2,211 | 1,357 | 68.70 | 728 | ||
| Sum | $381,500 | - | $11,056 | ||||||||||
| List Price Homes for Sale in Como: $100,000 - $200,000 (39) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $104,500 | 1 | 1 | - | 1.00 | 1.00 | 1888 | 708 | 59.01 | 492 | |||
| Max | $199,900 | 243 | 595 | - | 4.00 | 2.00 | 1980 | $2,604 | 2,143 | 259.53 | 1,207 | ||
| Avg | $162,763 | 68 | 164.9 | - | 2.56 | 1.41 | 1930 | $1,890 | 1,218 | 145.89 | 842 | ||
| Sum | $6,347,765 | - | $73,695 | ||||||||||
| List Price Homes for Sale in Como: $200,000 - $300,000 (29) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $207,285 | 1 | 1 | - | 2.00 | 1.00 | 1905 | $1,902 | 864 | 73.13 | 624 | ||
| Max | $299,999 | 181 | 614 | - | 4.00 | 3.00 | 2006 | $4,330 | 2,910 | 260.76 | 1,455 | ||
| Avg | $239,272 | 82.3 | 147 | - | 3.00 | 1.93 | 1943 | $2,754 | 1,770 | 146.32 | 974 | ||
| Sum | $6,938,884 | - | $79,855 | ||||||||||
| List Price Homes for Sale in Como: $300,000 - $400,000 (6) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $329,900 | 4 | 4 | - | 3.00 | 2.00 | 1920 | $2,342 | 1,462 | 128.93 | 864 | ||
| Max | $399,900 | 74 | 74 | - | 5.00 | 3.00 | 1941 | $3,934 | 2,862 | 225.65 | 1,368 | ||
| Avg | $369,600 | 29.2 | 29.2 | - | 3.50 | 2.50 | 1930 | $3,225 | 2,136 | 181.09 | 1,137 | ||
| Sum | $2,217,600 | - | $19,350 | ||||||||||
| List Price Homes for Sale in Como: $400,000 - $500,000 (2) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $449,000 | 26 | 26 | - | 3.00 | 2.00 | 1886 | $2,982 | 1,778 | 169.63 | 968 | ||
| Max | $475,000 | 349 | 349 | - | 4.00 | 2.00 | 1927 | $5,310 | 2,647 | 267.15 | 1,160 | ||
| Avg | $462,000 | 187.5 | 187.5 | - | 3.50 | 2.00 | 1907 | $4,146 | 2,213 | 218.39 | 1,064 | ||
| Sum | $924,000 | - | $8,292 | ||||||||||
| List Price Homes for Sale in Como: All (81) | |||||||||||||
| List Price | DOM | CDOM | Sale Price | Beds | Baths | Year Built | Taxes | Total FSF | Price per TFSF | FSZ | |||
| Min | $49,900 | 1 | 1 | - | 1.00 | 1.00 | 1886 | 708 | 26.05 | 492 | |||
| Max | $475,000 | 349 | 614 | - | 5.00 | 3.00 | 2006 | $5,310 | 2,910 | 267.15 | 1,455 | ||
| Avg | $207,528 | 72.7 | 153 | - | 2.80 | 1.69 | 1933 | $2,373 | 1,517 | 145.68 | 909 | ||
| Sum | $16,809,749 | - | $192,248 | ||||||||||
Last quarter (quarter #2) shows in MN that Foreclosures/Short Sales make up 21.7% of the market place. What this means is 1 out of every 5 homes are either in Foreclosure or a Short Sale. This is a 92.6% INCREASE in Foreclosures and Short Sales in MN alone. Town-homes seem to be the largest impacted by the up-shift in Foreclosures and Short Sales with a 136.5% increase from last year alone!
To break down the film even more:
-55% of homes priced $120,000 or less are either Foreclosure or Short Sale
-39.4% of homes priced $120,001-$150,000 are either Foreclosure or Short Sale
-28.3% of homes priced $150,001-$190,000 are either Foreclosure or Short Sale
-18.7% of homes priced $190,001-$250,000 are either Foreclosure or Short Sale
-11.7% of homes priced $250,001-$350,000 are either Foreclosure or Short Sale
-8.9% of homes priced $350,001-$500,000 are either Foreclosure or Short Sale
View the Full Report Here
There is no doubt that the "Credit Crisis" has had a tremendous effect on the real estate market, even so much that the government wants to get involved. Home prices have consistently fallen with no end in sight. What do we do? Wait for the market to correct itself or have the government help. The bail out bill is supposed to be voted on again this Thursday.
The "Main Street" community is anxious to see how this plays out and what effect this will have on them.
On September 28, 2008 at 12:00 PM, you are invited to an Open House at 750 Maple Hills #A in Maplewood. If you are looking for a Town-Home property in this area, don't miss this rare opportunity to visit this magnificent property. For a preview of this Town-Home property, check out my site at http://www.hartmanneam.com. Please do not hesitate to Contact Me if you have any questions or wish to schedule a private showing.
If you are looking to sell your home in the next 30 days, I can help! If you are looking to buy a home under market value, I can help! Real Estate is not only my career but also my passion.
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