Minneapolis-St. Paul, MN Housing Market Snapshot for March 2008

Here are recent top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Minneapolis - St. Paul, MN area served by ZipRealty:

Average Sales Price	Feb-08	Mar-08	Change ⇑ or ⇓
Minneapolis	$197,834	$215,500	⇑
Blaine	$218,919	$226,721	⇑
Eagan	$248,945	$238,808	⇓
Lakeville	$299,395	$300,218	⇑
Coon Rapids	$171,093	$179,100	⇑
Bloomington	$229,508	$231,105	⇑
Brooklyn Park	$185,160	$205,335	⇑
Maple Grove	$308,307	$297,956	⇓

# Transactions	Feb-08	Mar-08	# Change
Minneapolis	299	343	⇑
Blaine	35	40	⇓
Eagan	40	46	⇑
Lakeville	38	48	⇑
Coon Rapids	27	44	⇑
Bloomington	48	48	-
Brooklyn Park	43	60	⇑
Maple Grove	48	61	⇑

Talk with a local Minneapolis-St. Paul Real Estate Agent. Read profiles of Minneapolis-St. Paul neighborhoods. Search for Minneapolis - St. Paul, MN homes and condos for sale. All numbers are from the MLS and are deemed reliable but not guaranteed, as of 4/15/2008.

Minneapolis-St. Paul, MN Market Snapshot for February 2008

Here are recent top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Minneapolis - St. Paul, MN area served by ZipRealty:

Average Sales Price	Jan-08	Feb-08	$ Change
Minneapolis	$231,238	$200,195	⇓
Blaine	$227,229	$218,919	⇓
Eagan	$238,476	$248,945	⇑
Lakeville	$269,122	$299,395	⇑
Coon Rapids	$171,093	$186,673	⇑
Bloomington	$229,508	$236,842	⇑
Brooklyn Park	$219,219	$185,160	⇓
Maple Grove	$324,429	$308,307	⇓

# Transactions	Jan-08	Feb-08	# Change
Minneapolis	280	296	⇑
Blaine	38	35	⇓
Eagan	33	40	⇓
Lakeville	46	38	⇓
Coon Rapids	31	27	⇓
Bloomington	39	48	⇓
Brooklyn Park	41	43	⇑
Maple Grove	57	48	⇓

Read profiles of Minneapolis-St. Paul neighborhoods. Search for Minneapolis - St. Paul, MN homes and condos for sale.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 4/3/2008.

Minneapolis-St. Paul, MN Market Snapshot for January 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Minneapolis/St. Paul area served by ZipRealty:

City	# Transactions	January 2008 Average Sales Price
Minneapolis	249	$239,335
Blaine	38	$236,035
Coon Rapids	31	$176,110
Ramsey	8	$286,447
Burnsville	29	$232,844
Lakeville	46	$281,700
Plymouth	39	$370,798
St. Louis Park	30	$255,083
Shakopee	30	$258,237
Stillwater	14	$298,807
Woodbury	39	$312,806
Zimmerman	9	$188,456

Read more about homes and neighborhoods in the Minneapolis - St. Paul area. Search for homes in the Minneapolis area.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 2/20/2008.

Minneapolis-St. Paul, MN Market Snapshot for October 2007

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Minneapolis/St. Paul area served by ZipRealty:

City	# Transactions	October 2007 Average Sales Price
Minneapolis	379	$248,164
St. Paul	186	$204,607
Blaine	53	$238,297
Coon Rapids	62	$186,236
Ramsey	29	$228,242
Burnsville	59	$237,512
Lakeville	68	$316,919
Plymouth	59	$342,395
St. Louis Park	47	$262,076
Shakopee	35	$259,921
Stillwater	24	$272,869
Woodbury	73	$279,121
Wheaton	42	$387,654

Read more about homes and neighborhoods in the Minneapolis - St. Paul area.  Search for homes in the Minneapolis area.

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 11/26/2007.

Market Conditions, Top-Level Summary for October 2007

Here are the latest top-level summary of market conditions for CONDO sales only in these areas served by ZipRealty:

Area	# Transactions	Average Sales Price
Chicago	2,637	$294,021
Minneapolis	682	$216,775
Houston	492	$175,070
Washington, DC	1,565	$360,950
Las Vegas, NV	186	$223,574

Here are is a summary for Single Family Residence (SFR) sales only in these areas served by ZipRealty:

Area	# Transactions	Average Sales Price
Chicago	3,390	$365,085
Minneapolis	1,774	$286,417
Houston	4,001	$205,798
Washington, DC	1,593	$558,128
Las Vegas, NV	912	$381,063

Read more about homes and neighborhoods for the following areas:

• Chicago, IL
• Minneapolis-St. Paul, MN
• Houston, TX
• Washington, DC
• Las Vegas, NV

All numbers are from the MLS and are deemed reliable but not guaranteed, as of 11/5/2007.

Blaine, MN Market Update for July 2007

Here are the latest real estate market statistics for Blaine, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 47.9%*

Average	June 2007	July 2007	% Change
Asking Price	$274,832	$260,908	-5.1%
Sales Price	$272,044	$255,464	-6.1%
% of Asking Price	99%	98%	-1.0%
$/SQFT	$139	$134	-3.6%
Days on Market	80	65	-18.8%
Total Transactions	76	57	-25.0%

Search for homes in Blaine, MN and read a neighborhood overview of the Blaine, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 677 properties on the market with 324 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Lakeville, MN Market Update for July 2007

Here are the latest real estate market statistics for Lakeville, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.3%*

Average	June 2007	July 2007	% Change
Asking Price	$314,644	$305,003	-3.1%
Sales Price	$308,457	$295,883	-4.1%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$130	$129	-0.8%
Days on Market	67	73	9.0%
Total Transactions	71	73	2.8%

Search for homes in Lakeville, MN and read a neighborhood overview of the Lakeville, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 587 properties on the market with 225 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Eden Prairie, MN Market Update for July 2007

Here are the latest real estate market statistics for Eden Prairie, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 42.9%*

Average	June 2007	July 2007	% Change
Asking Price	$424,206	$430,597	1.5%
Sales Price	$412,289	$417,483	1.3%
% of Asking Price	97%	97%	0.0%
$/SQFT	$156	$165	5.8%
Days on Market	74	81	9.5%
Total Transactions	106	104	-1.9%

Search for homes in Eden Prairie, MN and read a neighborhood overview of the Eden Prairie, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 641 properties on the market with 275 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Nokomis, MN Market Update for July 2007

Here are the latest real estate market statistics for Nokomis, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.8%*

Average	June 2007	July 2007	% Change
Asking Price	$237,862	$245,463	3.2%
Sales Price	$234,666	$240,310	2.4%
% of Asking Price	99%	98%	-1.0%
$/SQFT	$155	$158	1.9%
Days on Market	57	57	0.0%
Total Transactions	82	67	-18.3%

Search for homes in Nokomis, MN and read a neighborhood overview of the Nokomis, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 448 properties on the market with 205 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN Market Update for July 2007

Here are the latest real estate market statistics for St. Paul, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.9%*

Average	June 2007	July 2007	% Change
Asking Price	$270,852	$252,206	-6.9%
Sales Price	$265,069	$247,842	-6.5%
% of Asking Price	98%	98%	0.0%
$/SQFT	$163	$158	-3.1%
Days on Market	78	83	6.4%
Total Transactions	277	269	-2.9%

Search for homes in St. Paul, MN and read a neighborhood overview of the St. Paul, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 2,961 properties on the market with 1,360 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Blaine, MN Market Update for June 2007

Here are the latest real estate market statistics for Blaine, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 44.4%*

Average	May 2007	June 2007	% Change
Asking Price	$286,870	$274,832	-4.2%
Sales Price	$282,772	$272,044	-3.8%
% of Asking Price	99%	99%	0.0%
$/SQFT	$139	$139	0.0%
Days on Market	91	80	-12.1%
Total Transactions	85	76	-10.6%

Search for homes in Blaine, MN and read a neighborhood overview of the Blaine, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 665 properties on the market with 295 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Nokomis, MN Market Update for June 2007

Here are the latest real estate market statistics for Nokomis, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 44.3%*

Average	May 2007	June 2007	% Change
Asking Price	$256,248	$237,862	-7.2%
Sales Price	$252,581	$234,666	-7.1%
% of Asking Price	99%	99%	0.0%
$/SQFT	$161	$155	-3.7%
Days on Market	61	57	-6.6%
Total Transactions	81	82	1.2%

Search for homes in Nokomis, MN and read a neighborhood overview of the Nokomis, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 427 properties on the market with 189 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Eden Prairie, MN Market Update for June 2007

Here are the latest real estate market statistics for Eden Prairie, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.6%*

Average	May 2007	June 2007	% Change
Asking Price	$398,788	$424,206	6.4%
Sales Price	$385,173	$412,289	7.0%
% of Asking Price	97%	97%	0.0%
$/SQFT	$153	$156	2.0%
Days on Market	83	74	-10.8%
Total Transactions	97	106	9.3%

Search for homes in Eden Prairie, MN and read a neighborhood overview of the Eden Prairie, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 647 properties on the market with 263 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN Market Update for June 2007

Here are the latest real estate market statistics for St. Paul, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.4%*

Average	May 2007	June 2007	% Change
Asking Price	$238,215	$270,852	13.7%
Sales Price	$233,107	$265,069	13.7%
% of Asking Price	98%	98%	0.0%
$/SQFT	$155	$163	5.2%
Days on Market	68	78	14.7%
Total Transactions	251	277	10.4%

Search for homes in St. Paul, MN and read a neighborhood overview of the St. Paul, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 2,956 properties on the market with 1,342 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Lakeville, MN Market Update for June 2007

Here are the latest real estate market statistics for Lakeville, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 39.3%*

Average	May 2007	June 2007	% Change
Asking Price	$326,202	$314,644	-3.5%
Sales Price	$319,053	$308,457	-3.3%
% of Asking Price	98%	98%	0.0%
$/SQFT	$131	$130	-0.8%
Days on Market	70	67	-4.3%
Total Transactions	83	71	-14.5%

Search for homes in Lakeville, MN and read a neighborhood overview of the Lakeville, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 619 properties on the market with 243 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Nokomis, MN Market Update for May 2007

Here are the latest real estate market statistics for Nokomis, MN  area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.7%*

Average	April 2007	May 2007	% Change
Asking Price	$243,172	$256,248	5.4%
Sales Price	$239,255	$252,581	5.6%
% of Asking Price	98%	99%	1.0%
$/SQFT	$157	$161	2.5%
Days on Market	58	61	5.2%
Total Transactions	68	81	19.1%

Search for homes in Nokomis, MN and read a neighborhood overview of the Nokomis, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 414 properties on the market with 181 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Blaine, MN Market Update for May 2007

Here are the latest real estate market statistics for Blaine, MN  area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.0%*

Average	April 2007	May 2007	% Change
Asking Price	$261,630	$286,870	9.6%
Sales Price	$257,000	$282,772	10.0%
% of Asking Price	98%	99%	1.0%
$/SQFT	$133	$139	4.5%
Days on Market	70	91	30.0%
Total Transactions	73	85	16.4%

Search for homes in Blaine, MN and read a neighborhood overview of the Blaine, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 667 properties on the market with 307 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Eden Prairie, MN Market Update for May 2007

Here are the latest real estate market statistics for Eden Prairie, MN  area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 40.2%*

Average	April 2007	May 2007	% Change
Asking Price	$387,079	$398,788	3.0%
Sales Price	$377,516	$385,173	2.0%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$158	$153	-3.2%
Days on Market	77	83	7.8%
Total Transactions	82	97	18.3%

Search for homes in Eden Prairie, MN and read a neighborhood overview of the Eden Prairie, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 634 properties on the market with 255 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN Market Update for May 2007

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only.  The percentage of homes on the market where the asking price has been reduced *: 42.5% 

Average	April 2007	May 2007	% Change
Asking Price	$222,399	$245,908	10.6%
Sales Price	$219,044	$240,520	9.8%
% of Asking Price	98%	98%	0.0%
$/SQFT	$146	$158	8.2%
Days on Market	94	96	2.1%
Total Transactions	244	216	-11.5%

Search for Greater Minneapolis homes and condos for sale.  Read more about neighborhoods in North St. Paul or South St. Paul, MN.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 6/5/2007:  2,890 properties on the market with 1,229 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN MLS Recap for April 2007

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only.  The percentage of homes on the market where the asking price has been reduced *: 37.9% 

Average	March 2007	April 2007	% Change
Asking Price	$214,685	$226,235	5.4%
Sales Price	$210,689	$223,089	5.9%
% of Asking Price	98%	99%	1.0%
$/SQFT	$142	$148	4.2%
Days on Market	108	95	-12.0%
Total Transactions	206	217	5.3%

Search for Greater Minneapolis homes and condos for sale.  Read more about neighborhoods in North St. Paul or South St. Paul, MN.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 5/9/2007:  3,227 properties on the market with 1,223 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN March 2007 MLS Update

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 36.3%

Average	February 2007	March 2007	% Change
Asking Price	$223,297	$216,044	-3.2%
Sales Price	$216,689	$211,746	-2.3%
% of Asking Price	97%	98%	1.0%
$/SQFT	$148	$141	-4.7%
Days on Market	131	110	-16.0%
Total Transactions	184	193	4.9%

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 4/18/2007: 3,244 properties on the market with 1,320 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN January 2007 Market Update

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 34.0%

Average	December 2006	January 2007	% Change
Asking Price	$226,484	$219,915	-2.9%
Sales Price	$221,199	$213,461	-3.5%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$145	$142	-2.1%
Days on Market	112	118	5.4%
Total Transactions	174	134	-23.0%

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 2/8/2007: 2,074 properties on the market with 775 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

St. Paul, MN Market Update for December 2006

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 37.4%

Average	November 2006	December 2006	% Change
Asking Price	$234,570	$225,622	-3.8%
Sales Price	$228,485	$220,278	-3.6%
% of Asking Price	97%	98%	1.0%
$/SQFT	$146	$145	-0.7%
Days on Market	97	107	10.3%
Total Transactions	219	156	-28.8%

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 1/8/2007: 2,074 properties on the market with 775 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

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St. Paul, MN November 2006 Market Update

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 39.3%

Average	October 2006	November 2006	% Change
Asking Price	$232,350	$228,421	-1.7%
Sales Price	$227,915	$222,538	-2.4%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$151	$145	-4.0%
Days on Market	101	97	-4.0%
Total Transactions	249	166	-33.3%

As of 12/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 12/5/2006: 2,297 properties on the market with 903 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

St. Paul, MN MLS Recap for October 2006

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 39.7%

Average	September 2006	October 2006	% Change
Asking Price	$224,738	$232,810	3.6%
Sales Price	$222,408	$227,552	2.3%
% of Asking Price	99%	98%	-1.0%
$/SQFT	$154	$151	-1.9%
Days on Market	108	102	-5.6%
Total Transactions	260	224	-13.8%

As of 11/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 11/6/2006: 2,468 properties on the market with 981 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

St. Paul, MN MLS Recap for September 2006

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only. The percentage of homes on the market where the asking price has been reduced *: 37.7%

Average	August 2006	September 2006	%Change
Asking Price	$234,660	$223,311	-4.8%
Sales Price	$232,644	$220,786	-5.1%
% of Asking Price	99%	99%	0.0%
$/SQFT	$158	$150	-5.1%
Days on Market	118	110	-6.8%
Total Transactions	361	190	-47.4%

As of 10/6/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 10/3/2006: 2,549 properties on the market with 960 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Greater Minneapolis homes and condos for sale. Read more about neighborhoods in North St. Paul or South St. Paul, MN.

St. Paul, MN August 2006 Market Recap

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only.  The percentage of  homes on the market where the asking price has been reduced: 36.2% **

Average	July 2006	August 2006	% Change
Asking Price	$239,684	$232,776	-2.9%
Sales Price	$237,854	$230,875	-2.9%
% of Asking Price	99%	99%	0.0%
$/SQFT	$103	$158	53.4%
Days on Market	141	121	-14.2%
Total Transactions	324	305	-5.9%

** As of 9/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 9/7/2006: 2,607 properties on the market with 944 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

Search for Greater Minneapolis homes and condos for sale.  Read more about neighborhoods in North St. Paul or South St. Paul, MN.

St. Paul, MN August 2006 MLS Update

Here are the latest real estate market statistics for St. Paul, MN. These numbers represent single family homes and condo sales only.  The percentage of  homes on the market where the asking price has been reduced: 36.2% **

Average	July2006	August 2006	% Change
Asking Price	$239,684	$232,776	-2.9%
Sales Price	$237,854	$230,875	-2.9%
% of Asking Price	99%	99%	0.0%
$/SQFT	$103	$158	53.4%
Days on Market	141	121	-14.2%
Total Transactions	324	305	-5.9%

** As of 9/7/2006: All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 9/7/2006: 2,607 properties on the market with 944 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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