In any business when it comes to buying or selling – the numbers have to make sense. Real estate is no different and as a consumer, the more you know with regards to the numbers, the more it will make sense. Each month, the Minneapolis Area Association of Realtors (MAAR) releases new information gathered based on MLS data from the previous month. Today, we are going to breakdown one of the hottest real estate markets in the Twin Cities, Como Park. Como Park is an area the Korby Home Team specializes in, live in and work in Como Park. According to the most recent MAAR Report (through April), the numbers for Como Park as follows (highlighted in yellow):
In April 2013, there were 26 new listings in Como Park and in April 2014, there was 29 new listings in Como Park – a 11.5% increase.
Year to date in Como Park, we have seen an increase of 13% of inventory in Como Park from last year.
In April 2013, there were 7 closed sales in Como Park and in April 2014, there was 18 closed sales in Como Park – a 157% increase.
Year to date in Como Park, we have seen an increase of 36% of closed sales in Como Park from last year.
In April 2013, the median sales price was $216,000 in Como Park and in April 2014, the median sales price was $182,000in Como Park – a 15.3% decrease.
Year to date in Como Park, we have seen an increase of 24% in medain sales price ($193,250) in Como Park from last year.
Our expectation is that we will continue to see a positive trend in Como Park over the remainder of 2014. It seems as though every home we put on the market will have 10-15 showings within the first few days and typically multiple offers.
The best thing to do when selling a home in Como Park or any of the surrounding areas is to hire a neighborhood specialist. Chances are, they are already in contact with potential buyers for the neighborhood and can help you pin point a price.
-
$650,000 : 1045 Nebraska Avenue W, Saint Paul
4 beds, 3 bathsHome size: 3,052 sq ftLot size: 12,719 sqftYear built: 1942Listed with Edina Realty, Inc.
-
$405,000 : 1380 Frankson Avenue, Saint Paul
4 beds, 3 bathsHome size: 2,140 sq ftLot size: 6,969 sqftYear built: 1921Listed with Edina Realty, Inc. -
$375,000 : 842 Larpenteur Avenue W, Saint Paul
5 beds, 3 bathsHome size: 2,659 sq ftLot size: 19,602 sqftYear built: 1953Listed with Edina Realty, Inc. -
$350,000 : 1554 Pascal Street N, Saint Paul
4 beds, 2 bathsHome size: 1,879 sq ftLot size: 5,009 sqftYear built: 1936Listed with Edina Realty, Inc. -
$334,500 : 886 Lakeview Avenue, Saint Paul
3 beds, 2 bathsHome size: 1,856 sq ftLot size: 7,840 sqftYear built: 1920Listed with TheMLSonline.com, Inc. -
$319,900 : 1021 25th Avenue SE, Minneapolis
3 beds, 1 bathHome size: 1,550 sq ftLot size: 5,227 sqftYear built: 1927Listed with The Realty House -
$290,000 : 1483 Wynne Avenue, Saint Paul
4 beds, 2 bathsHome size: 2,647 sq ftLot size: 3,963 sqftYear built: 1886Listed with Urbanwood Inc -
$289,900 : 1596 Griggs Street N, Saint Paul
4 beds, 2 bathsHome size: 1,278 sq ftLot size: 5,488 sqftYear built: 1939Listed with Edina Realty, Inc. -
$260,000 : 906 Larpenteur Avenue W, Saint Paul
4 beds, 2 bathsHome size: 1,867 sq ftYear built: 1982Listed with Edina Realty, Inc. -
$259,900 : 796 Cottage Avenue W, Saint Paul
4 beds, 2 bathsHome size: 1,617 sq ftLot size: 7,840 sqftYear built: 1946Listed with Coldwell Banker Burnet -
$259,900 : 1299 Arlington Avenue W, Saint Paul
3 beds, 1 bathHome size: 1,456 sq ftLot size: 4,356 sqftYear built: 1954Listed with Fazendin REALTORS -
$234,900 : 1428 Breda Avenue, Saint Paul
3 beds, 1 bathHome size: 1,130 sq ftLot size: 4,791 sqftYear built: 1914Listed with RE/MAX Results -
$229,900 : 647 California Avenue W, Saint Paul
3 beds, 2 bathsHome size: 1,576 sq ftLot size: 10,454 sqftYear built: 1946Listed with RE/MAX Results -
$222,500 : 102 Maywood Place, Saint Paul
3 beds, 1 bathHome size: 1,608 sq ftLot size: 8,276 sqftYear built: 1955Listed with RE/MAX Advantage Plus -
$220,000 : 1044 22nd Avenue SE, Minneapolis
2 beds, 1 bathHome size: 1,086 sq ftLot size: 5,227 sqftYear built: 1916Listed with Keller Williams Integrity RE -
$209,900 : 1450 Maywood Street, Saint Paul
3 beds, 2 bathsHome size: 1,080 sq ftLot size: 6,969 sqftYear built: 1952Listed with Keller Williams Premier Realty -
$200,000 : 1424 Snelling Avenue N, Saint Paul
2 beds, 2 bathsHome size: 1,323 sq ftLot size: 5,227 sqftYear built: 1921Listed with Edina Realty, Inc. -
$181,000 : 1374 Breda Avenue, Saint Paul
4 beds, 1 bathHome size: 1,250 sq ftLot size: 6,185 sqftYear built: 1922Listed with RE/MAX Results -
$149,900 : 649 Simon Avenue, Saint Paul
2 beds, 2 bathsHome size: 1,248 sq ftLot size: 3,049 sqftYear built: 1954Listed with Keller Williams Classic Rlty NW
See all Real estate in the Como community.
(all data current as of 5/18/2018)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
