In the Twin Cities region, for the week ending November 5:
• New Listings decreased 18.7% to 1,134
• Pending Sales increased 20.5% to 794
• Inventory decreased 22.1% to 21,214
For the month of October:
• Median Sales Price decreased 9.6% to $154,500
• Days on Market decreased 0.6% to 134
• Percent of Original List Price Received increased 1.0% to 91.2%
• Months Supply of Inventory decreased 28.3% to 6.3
Upper Landing has already had more sales this year than in 2010! There are currently 8 active listings, 2 pending sales, and 11 closed sales. The average sales price is up from $298,925 in 2010 to $308,727 in 2011. There has only been one foreclosure property at Upper Landing this year, which is amazing when you consider there are currently 17 distressed properties Downtown St Paul. We are seeing more cash buyers, buyers purchasing 2nd homes, buyers downsizing and simplifying their lives. I was recently in multiple offers at Upper Landing, which hasn’t happened in a while.
If you are considering buying or selling at Upper Landing, and would like a free consultation, call or text me at 612-735-0553.
Cheryl Kempenich, Coldwell Banker Burnet
Kemteck has great web sites call 612-623-8347 or visit Kemteck.com.
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“Market Stats Tuesdays” – Last year’s real estate statistics for Upper Landing Condos are as follows: Total number of homes available are 9 with the high price being $585,000 and the low price is $281,900. There were 10 sold last year, according to NorthStarMLS.com, the highest was $360,000 and the lowest was $176,000. To search available Upper Landing Condos go to www.UpperLandingCondos.com.
Great end of the year deals at Upper Landing Condos! There are currently 9 units available to view before they’re gone! The prices range anywhere from $224,900 to $585,000. Schedule your showing to today with Cheryl by calling 612-735-0553 or go to www.UpperLandingCondos.com to view all listings, details and photos!
“Market Stats Tuesdays” for the week ending Dec. 4th. Last week real estate statistics for the Upper Landing Condos are as follows: Total number of homes sold was one at the price of $334,700. There are a total of 14 current listings available at Upper Landing. The highest price being $199,900 and the lowest at $99,900. To search all homes available or to receive a free market analysis visit www.UpperLandingCondos.com
Downtown St. Paul is the place to be, especially this time of year! With the upcoming St. Paul Winter Carnival there will be an array of activities for any age to enjoy! Every year this carnival gets bigger and better, so expect new things each time! The Minnesota Wild hosts their hockey games at the popular Exel Center that many of the St. Paul and surrounding cities come to enjoy every year! Search available condos now at www.UpperLandingCondos.com! Text or call Cheryl today for more information at 612-735-0553!
“Living at Upper Landing condos gives you a variety of benefits. Not only do you live in a great location river front in downtown St. Paul, but they have extra amenities that other condo developments do not have such as a great, affordable workout facility and coffee shop right downstairs! Anytime fitness offers a discount to Upper Landing residents with the membership only costing $38/month with no payments due until 2011! Search available listings at www.UpperLandingCondos.com or call Cheryl at 612-735-0553 for more information.”